Lucintel Forecasts the Global Mica Market to Reach $0.8 billion by 2030
Lucintel Forecasts the Global Mica Market to Reach $0.8 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global mica market looks promising with opportunities in the electrical and electronics, construction, paint & coating, and personal care industries markets. The global mica market is expected to reach an estimated $0.8 billion by 2030 from $0.5 billion in 2024, at a CAGR of 5.2% from 2024 to 2030. The major drivers for this market are growth in the electrical and electronics industry, increasing use in construction and paints, and rising demand for cosmetics and personal care products.
A more than 150-page report to understand trends, opportunity and forecast in mica market to 2030 by grade (ground mica, sheet mica, and built-up mica), end use industry (construction, electrical and electronics, paints and coatings, personal care, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that electrical and electronics will remain the largest segment over the forecast period due to increasing use of mica as an insulating material in electrical and electronics applications, such as capacitor, wire & cable, electric lighting & control equipment, and semiconductor.
Within this market, ground mica will remain the largest segment due to growth in construction and paint & coating markets.
Download sample by clicking on mica market
Franklin Industrial Minerals, Pacer Corporation, Mica Manufacturing, Cogebi N.V., BASF, Asheville-Schoonmaker, Premier Mica Company are the major suppliers in the mica market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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