Global Mica Sheet Market, By Type (Natural, Syntheic), By Ground (Sheet Mica, Flake Mica, Ground Mic

Published Date: | Report Code : MT1958320

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Mica is very popular for its unique property to remain stable even when it is exposed to extreme conditions such as temperatures, moisture, light, or electricity. This feature makes it highly useful in the field of the electronics industry. It is used as an insulator and pigment extender. Mica is light in weight, relatively soft, flexible kind of product with dielectric, hydrophilic, insulating, and elastic properties. It occurs in different forms & grades.

The global mica sheet market is driven by various applications across the globe such as electronics, construction, cosmetics, plastic, rubber, and paints & coatings. The constant rise in the population of people who are using a variety of electronic and electric equipment on a daily basis for an endless set of applications, the electronics industry is expected to lead the market growth. This trend is expected to lead to the development of sustainable growth opportunities for the global mica market in the coming years.

Segments Analysis:

The global mica market is segmented on the basis of sheet mica, built-up mica, and ground mica. Out of these, ground mica is the most commonly used form of mica owing to its extensive usage across filler applications. It is used as a filler in the joint compound in the construction industry, in preventing gypsum plaster boards from cracking and protecting walls from moisture. Ground mica is the most preferred grade of mica owing to increased usage across industries such as construction, paints and coatings, plastic, cosmetics, and rubber. Demand for sheet mica will be stimulated by the flourishing growth of the electronics industry, especially across emerging economies in Asia.

Key Factors Impacting Market Growth:

  • Emerging trends of the global mica sheet market

  • Increasing population globally

  • Rising disposable income levels

  • Increased application in various industries

Regional Analysis:

By region, the mica sheet market has been segmented in North America, Europe, Asia Pacific, Middle East, and Rest of the World. The North America and Western Europe regions are estimated to register a stable demand during the forecast period with market recovery from recent slowdowns. North America region includes US, Canada, and Mexico. US is estimated to dominate this market with a sizeable share followed by Canada, and Mexico. The industrial sector is a major contributor US and Canada economies overall. Hence, the supply of advanced materials in production activities is critical to the overall growth of industries in this region. Western Europe region is dominated by Germany, UK, France, Italy, and Spain. These countries also have a strong influence on the industrial sector resulting in sizeable demand for the mica sheet market.

Asia Pacific is estimated to register the highest CAGR by region during the forecast period. The presence of some of the high growth economies such as China and India is expected to propel the demand in this region. In addition, this region has witnessed strategic investments by major companies to increase their market presence. The Middle East and Eastern Europe are estimated to be other key regions for mica sheet market with a strong market potential during the forecast period. Rest of the World consisting of South America and Africa are estimated to be emerging markets during the forecast period.

Companies Covered: Franklin Industrial Mineral, Mica Manufacturing Company, Cogebi N.V, BASF, Asheville-Schoonmaker, Premier Mica Company, Imerys, Hebei Lingshou Mining and Building Material, Daruka Mineral, and Gunpatroy...

Market Segmentation:

By Type:

  • Natural

  • Syntheic

By Ground:

  • Sheet Mica

  • Flake Mica

  • Ground Mica

  • Build-Up Mica

By Application:

  • Industrial Use

  • Pharmaceuticals

  • Other Applications

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Type

    • By Ground

    • By Application

  • Western Europe

    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)

    • By Type

    • By Ground

    • By Application

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Type

    • By Ground

    • By Application

  • Asia Pacific

    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)

    • By Type

    • By Ground

    • By Application

  • Middle East

    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)

    • By Type

    • By Ground

    • By Application

  • Rest of the World

    • By Region (South America, Africa)

    • By Type

    • By Ground

    • By Application

Reasons to Buy This Report:

  • Market size estimation of the global mica sheet market on a regional and global basis

  • Unique research Usage for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

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  • By Sub-segment

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