PUBLISHER: Lucintel | PRODUCT CODE: 1107186
PUBLISHER: Lucintel | PRODUCT CODE: 1107186
Mica Market Trends and Forecast
The future of the mica market looks promising with opportunities in the electrical and electronics, construction, paint & coating, and personal care industries. The global mica market is expected to reach an estimated $712.1 million by 2027 with a CAGR of 5.2% from 2021 to 2027. The major drivers for this market are growth in the electrical and electronics industry, growing construction activities, and growth in synthetic mica.
Emerging Trends in the Mica Market
Emerging trend, which has a direct impact on the dynamics of the industry, includes growing use of ultrafine mica and increasing applications for synthetic mica.
A total of 106 figures / charts and 95 tables are provided in this 187-page report to help in your business decisions. A sample figure with insights is shown below. To learn the scope of benefits, companies researched, and other details of the mica market report, please download the report brochure.
Mica Market by Segment
Mica Market by End Use Industry [Volume (Kilotons) and $M shipment analysis for 2016 - 2027]:
Mica Market by Grade [Volume (Kilotons) and $M shipment analysis for 2016 - 2027]:
Mica Market by Region [Value ($B) shipment analysis for 2016 - 2027]:
US
Canada
Mexico
Germany
The United Kingdom
France
Russia
China
Japan
India
South Korea
Brazil
Argentina
List of Mica Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies mica companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the mica companies profiled in this report includes.
Mica Market Insight
Features of Mica Market
FAQ
Q1. What is the mica market size?
Answer: The global mica market is expected to reach an estimated $712.1 million by 2027
Q2. What is the growth forecast for mica market?
Answer: The mica market is expected to grow at a CAGR of 5.2% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the mica market?
Answer: The major drivers for this market are growth in the electrical and electronics industry, growing construction activities, and growth in synthetic mica.
Q4. What are the major applications or end use industries for mica?
Answer: Construction and electrical and electronics are the major end use industries for mica.
Q5. What are the emerging trends in mica market?
Answer: Emerging trend, which has a direct impact on the dynamics of the industry, includes growing use of ultrafine mica and increasing applications for synthetic mica.
Q6. Who are the key mica companies?
Answer: Some of the key mica companies are as follows:
Q7.Which mica product segment will be the largest in future?
Answer: Lucintel forecasts that ground mica will remain the largest segment over the forecast period due to growth in construction and paint & coating markets.
Q8: In mica market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest region and witness the highest growth over next 5 years
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
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