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Global Mica Market by Type (Natural, Synthetic), By Application (Paints & Coatings, Electronics, Construction, Cosmetics, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: CM-437
  • Author: Up Market Research
  • Rating: 4.7
  • Total Reviews: 80
  • No. Of Pages: 225
  • Format:
  • Pub. Date: 2021-03-01
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The Global Mica Market size is estimated to grow at a CAGR of 6.3% during 2018-2028. The market is driven by the increasing demand for coatings and paints, which are in turn boosted by the rising construction industry around the world. Mica can be found in most cosmetic products, such as lotions and lipsticks, but it has also been used extensively in electronics industries such as capacitors for electronic devices like smartphones or computers.


Mica is a naturally occurring mineral that can be found in different types of igneous, metamorphic, and sedimentary rocks. It has properties like high dielectric strength, thermal stability, and resistance to corrosion which makes it suitable for various applications such as glass production or paints & coatings. Mica also acts as an insulator in electronics devices because of its low-loss characteristics at high frequencies.

Other than being used for these uses, mica is also used as cosmetic additives such as talc or silicate powders due to their refractory nature. However, the main application segment where most of the global sales originate from are glasses manufacturing followed by construction materials especially the paint & coating industry.


On the basis of Type, the market is segmented into Natural, Synthetic.


Natural Mica:

Natural Mica are mined from bauxite deposits in the earth’s surface or from pegmatites (a type of igneous rock). When they're extracted, natural mica is usually found as a solid black block. After mining, it undergoes an intense process to remove all impurities such as dirt particles and other metals that could have contaminated the pure aluminum oxide crystals during its extraction phase. The manufacturing process for this kind of mica also includes heating to make sure the product does not contain any moisture before packaging begins.

Mica can be used as an insulator because it doesn't conduct heat well. The natural form of mica has unusual properties such as the ability to split light into its component rainbow hues while appearing colorless itself when viewed by transmitted light. Natural mica products are often used in paints, makeup, and plastics.


Synthetic Mica:

Synthetic Micas are made from metallic oxides, such as aluminum oxide (AlOa) or silicon dioxide (Si02). Synthetic micas are also known as artificial mica. Their color is similar to natural mica but they have a slightly different chemical composition. Some other names for synthetic micas include ceramic group minerals, manmade minerals,s and commercially pure grade of metal ore in the form of various crystalline forms. They can be used in products like cosmetics and paint additives because their uses outweigh any risk of being harmful when used on humans if handled properly during the manufacturing processes.


On the basis of Application, the market is segmented into Paint & Coatings, Electronics, Construction, and Cosmetics.

Paints & Coatings:

In paint formulations, this provides pigment opacity, hiding power (covering capability) for other pigments not having good hiding power themselves; may improve gloss level or flow-out time; also useful as a pigment extender.



Used in the production of insulators for capacitors, resistors, and other electronic components due to its high dielectric constant which reduces electrical charge leakage from insulation. 



Applied as a surface finish on walls or ceilings with superior acoustical properties and long-term stability; also used as an additive to concrete mix for greater strength and flexibility when combined with cement (Portland) and water. 



Natural mica can be found in some cosmetics such as eye shadow, blush, mascara, lipstick, etc.; it is often mixed with titanium dioxide because it reflects light better than most minerals do without any added coloration. Also known by names like "natural pearl," "pearl.


On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The Asia Pacific market is the largest region in terms of mica production, accounting for 78.57% of the global share followed by Europe (14.82%), North America (0.04%) and Latin America (< 0%). The Asia Pacific is also the fastest-growing region with a growth rate of 12%. China dominates this market due to its large population and high demand for construction materials such as paints & coatings which account for more than half of total consumption in Asia Pacific countries including India, Japan, Malaysia, etc that are driven by rapid economic expansion among other factors like improvements in living standards.

The North American market is limited to two countries, namely Mexico and Canada. The demand in North America is derived from the construction industry for paints & coatings which accounts for 34% of total mica consumption followed by electronics (13%), cosmetics (12%), and others (< 0%). The Latin American market, on the other hand, has grown at a considerable pace due to expansion activities such as upgrading roads that have fueled demand in this region. Demand for paint & coating materials accounted for 31% of the global share with major players including Brazil, Colombia, etc., followed by construction materials. While China dominates Asia Pacific production; India leads growth rates accounting for more than half of total mica exports in 2017-2018.

Up Market Research published a new report titled “Mica Market research report which is segmented by Types (Natural, Synthetic), By Applications (Paints & Coatings, Electronics, Construction, Cosmetics, Others), By Players/Companies Asheville-Schoonmaker Mica Company, Daruka Minerals, Mica Manufacturing, The Premier Mica Company, USAMICA, BASF Catalysts, Franklin Industrial Minerals Co., Santa Fe Gold Corporation”. 


Report Scope

Report Attributes Report Details
Report Title Mica Market Research Report
By Type Natural, Synthetic
By Application Paints & Coatings, Electronics, Construction, Cosmetics, Others
By Companies Asheville-Schoonmaker Mica Company, Daruka Minerals, Mica Manufacturing, The Premier Mica Company, USAMICA, BASF Catalysts, Franklin Industrial Minerals Co., Santa Fe Gold Corporation
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 225
Number of Tables & Figures 158
Customization Available Yes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Mica Industry Outlook

Global Mica Market Report Segments:

The market is segmented by Type Natural, Synthetic and By Application Paints & Coatings, Electronics, Construction, Cosmetics, Others.


Some of the companies that are profiled in this report are:

  1. Asheville-Schoonmaker Mica Company
  2. Daruka Minerals
  3. Mica Manufacturing
  4. The Premier Mica Company
  6. BASF Catalysts
  7. Franklin Industrial Minerals Co.
  8. Santa Fe Gold Corporation

Mica Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Mica Market

Overview of the regional outlook of the Mica Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Mica Market Overview

Highlights of The Mica Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Mica Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Natural

                2. Synthetic

       7. By Application:

                1. Paints & Coatings

                2. Electronics

                3. Construction

                4. Cosmetics

                5. Others

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Mica Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Mica Market Statistics

Reasons to Purchase the Mica Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mica Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Mica Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Mica Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Mica Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Mica Market Size & Forecast, 2018-2028 
      4.5.1 Mica Market Size and Y-o-Y Growth 
      4.5.2 Mica Market Absolute $ Opportunity 

Chapter 5 Global Mica Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Mica Market Size Forecast by Type
      5.2.1 Natural
      5.2.2 Synthetic
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Mica Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Mica Market Size Forecast by Applications
      6.2.1 Paints & Coatings
      6.2.2 Electronics
      6.2.3 Construction
      6.2.4 Cosmetics
      6.2.5 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Mica Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Mica Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Mica Analysis and Forecast
   9.1 Introduction
   9.2 North America Mica Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Mica Market Size Forecast by Type
      9.6.1 Natural
      9.6.2 Synthetic
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Mica Market Size Forecast by Applications
      9.10.1 Paints & Coatings
      9.10.2 Electronics
      9.10.3 Construction
      9.10.4 Cosmetics
      9.10.5 Others
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Mica Analysis and Forecast
   10.1 Introduction
   10.2 Europe Mica Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Mica Market Size Forecast by Type
      10.6.1 Natural
      10.6.2 Synthetic
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Mica Market Size Forecast by Applications
      10.10.1 Paints & Coatings
      10.10.2 Electronics
      10.10.3 Construction
      10.10.4 Cosmetics
      10.10.5 Others
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Mica Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Mica Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Mica Market Size Forecast by Type
      11.6.1 Natural
      11.6.2 Synthetic
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Mica Market Size Forecast by Applications
      11.10.1 Paints & Coatings
      11.10.2 Electronics
      11.10.3 Construction
      11.10.4 Cosmetics
      11.10.5 Others
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Mica Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Mica Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Mica Market Size Forecast by Type
      12.6.1 Natural
      12.6.2 Synthetic
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Mica Market Size Forecast by Applications
      12.10.1 Paints & Coatings
      12.10.2 Electronics
      12.10.3 Construction
      12.10.4 Cosmetics
      12.10.5 Others
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Mica Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Mica Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Mica Market Size Forecast by Type
      13.6.1 Natural
      13.6.2 Synthetic
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Mica Market Size Forecast by Applications
      13.10.1 Paints & Coatings
      13.10.2 Electronics
      13.10.3 Construction
      13.10.4 Cosmetics
      13.10.5 Others
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Mica Market: Competitive Dashboard
   14.2 Global Mica Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Asheville-Schoonmaker Mica Company
      14.3.2 Daruka Minerals
      14.3.3 Mica Manufacturing
      14.3.4 The Premier Mica Company
      14.3.5 USAMICA
      14.3.6 BASF Catalysts
      14.3.7 Franklin Industrial Minerals Co.
      14.3.8 Santa Fe Gold Corporation
Segments Covered in the Report
The global Mica market has been segmented based on

By Types
  • Natural
  • Synthetic
By Applications
  • Paints & Coatings
  • Electronics
  • Construction
  • Cosmetics
  • Others
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Asheville-Schoonmaker Mica Company
  • Daruka Minerals
  • Mica Manufacturing
  • The Premier Mica Company
  • BASF Catalysts
  • Franklin Industrial Minerals Co.
  • Santa Fe Gold Corporation

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