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Mica Industry - Information
The document discusses the global mica market. It states that the mica market is driven by applications in industries like electronics, construction, cosmetics, plastic, rubber, and paints and coatings. The future of the mica market looks promising particularly in electrical/electronics, construction, paint & coating, and personal care. The global mica market is expected to decline in 2020 due to COVID-19 but recover by 2025, reaching an estimated $709 million with a CAGR of 2-4% from 2020-2025. The major drivers are growth in electronics and construction as well as increasing demand for personal care products.
