Global Mica Market to be Driven by Rising Demand in Electronics Industry : Transparency Market Research
The global market for mica is the focus of analysis of a recent market intelligence report by Transparency Market Research. The report presents an executive-level blueprint of the present state of the key elements of the market and gives a forward-looking overview for the market over the period from 2013 through 2019.
The report is titled “Mica Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019.” The executive-level document, featuring exhaustive qualitative as well as quantitative data pertaining to market segment, examines the market from the perspective of four broad product segments for the purpose of the study. As such, the report presents an analysis of the four distinct mica types: sheet mica, ground mica, block mica, and built-up mica. The market has been examined for geographic segments such as North America, South America, Europe, Asia Pacific, and Rest of the World.
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Mica is known to remain stable even when it is exposed to extreme temperatures, moisture, light, or electricity, making it highly useful in the electronics industry. Mica is produced as a byproduct from the mining of feldspar. The substance has a crystalline structure that can be turned into thin films of sheet. The thin films of sheet made by delaminating crystalline mica are flexible, chemically inert, and very durable.
On a global front, the production and consumption of mica has seen significant rise in the past few years, primarily owing to the high demand from several industries such as plastics, construction, electronics, cosmetics, paints and coatings, and rubber. In the electronics industry, mica finds usage as a thermal and electrical insulator in a number of electronic equipment. Mica is utilized in the paints and coatings industry as an element for extending the shelf life and enhancing the intensity and brightness of colored pigments. The presence of crystalline elements in mica also makes it useful in the production of cosmetics and toothpastes. The rising use of mica in the cosmetics industry in the past few years has significantly benefitted the global mica market.
Despite witnessing steady growth across several industries, the global mica market is expected to be restrained to a certain extent owing to the speculations that exposure to mica can lead to lung-related diseases and inflammations.
The report also gives a detailed overview of the global mica market, wherein the detailed business profiles of some of the most prominent vendors in the market are discussed along with other crucial details pertaining to the key vendors in the market.
Some of the companies profiled in the report are BASF Catalysts LLC, Daruka Minerals, Santa Fe Gold Corporation, Mica Manufacturing Co. Pvt. Ltd, Asheville-Schoonmaker Mica Company, Cogebi N.V., Cleveland Mica Company, Gunpatroy Private Limited, and Franklin Industrial Minerals Co.
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