India Mica Market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 724.05 Mn. by 2030. India has huge reserves of mica, which is generally found under forests in central and eastern regions of the country. Mica is widely used to manufacture products like cosmetics and paints shimmer because of its extraordinary qualities like perfect cleavage, flexibility, elasticity, infusibility, low thermal and electrical conductivity, chemical inertness and superior dielectric strength. The outstanding properties of the Mica make it the first choice to be used in an array of applications like paints & coatings, electronics, construction, cosmetics, and others.To know about the Research Methodology :- Request Free Sample Report
India Mica Market Dynamics:
The rise in applications across various sets of industries like electronics, construction, cosmetics, plastic, rubber, and paints and coatings are expected to drive market growth. Mica has played a vital role in the electronics industry. It has many exceptional combinations of chemical, physical, electrical, mechanical, and thermal properties, which are expected to increase its usage in the electronics industry. Rise in population among the country is demanding much electronic and electric equipment daily, which is expected to drive significant growth during the forecast period (2024-2030). On the other hand, the presence of the mica substitutes is expected to limit the growth of the Indian mica market. The mica production industry in India has experienced significant growth in terms of mica production and mica exports. Mica mining plays a vital role in the mining activity of the country, which is expected to contribute a significant share in the economic growth of India. Despite the mica industry presently going through serious controversies about child labor issues, India still remains one of the largest providers of mica. As the mica market has continued to grow, business opportunities with prominent mica key players and exporters in India are also expected to boost the growth in the market during the forecast period. In the current market scenario, cosmetics companies and ingredient key players are working alongside with the government of India to enhance their supply chain of mica. With the policies and activities in the mica supply chain the mica industry in India is projected to continue its reputation in the global market soon. Some of the many key players source their mica from India, because of the availability of the vast amount of high-quality mica in the country.The objective of the report is to present a comprehensive analysis of India Mica Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding India Mica Market dynamics, structure by analysing the market segments and project the India Mica Market size. Clear representation of competitive analysis of key players, price, financial position, product portfolio, growth strategies, and regional presence in the India Mica Market make the report investor’s guide. The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
India Mica Market Scope: Inquire before buying
India Mica Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: USD 634.49 Mn. Forecast Period 2024 to 2030 CAGR: 4.5% Market Size in 2030: USD 863.46 Mn. Segments Covered: by Type Natural Synthetic by Grade Ground Mica Sheet Mica Built-Up Mica by End User Paints & Coatings Electronics Construction Cosmetics Others by Region North India East India West India South India India Mica Manufacturers are:
1. Kumarasamy Industries 2. MICAS India 3. Roongta mica 4. IMFA 5. Bhuvani Exim Private Limited 6. Vinayaka Microns (India) Pvt. Ltd. 7. Yudra Impex Pvt. Ltd 8. C L Roongta 9. Sakti Mica Manufacturing Co 10. The Jai Mica Supply Company Private Limited 11. Ruby Mica Company Limited 12. Premier Mica Company 13. The Jai Mica Supply Company Private Limited 14. Jalan Mica Exports 15. Mica Insulation 16. DARUKA & CO. (MICA) Private Limited 17. Samrat Laminates. 18. Welmica Laminates Pvt. Ltd. Frequently Asked Questions: 1. Which region has the largest share in India Mica Market? Ans: North India region held the highest share in 2023. 2. What is the growth rate of India Mica Market? Ans: The India Mica Market is growing at a CAGR of 4.5% during forecasting period 2024-2030. 3. What is scope of the India Mica Market report? Ans: India Mica Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in India Mica Market? Ans: The important key players in the India Mica Market are – Kumarasamy Industries, MICAS India, Roongta mica, IMFA, Bhuvani Exim Private Limited, Vinayaka Microns (India) Pvt. Ltd., Yudra Impex Pvt. Ltd, C L Roongta, Sakti Mica Manufacturing Co, The Jai Mica Supply Company Private Limited, Ruby Mica Company Limited, Premier Mica Company, The Jai Mica Supply Company Private Limited, Jalan Mica Exports, Mica Insulation, DARUKA & CO. (MICA) Private Limited, Samrat Laminates., Welmica Laminates Pvt. Ltd., 5. What is the study period of this Market? Ans: The India Mica Market is studied from 2023 to 2030.
1. India Mica Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. India Mica Market: Competitive Landscape 2.1. MMR Competition Matrix 2.2. Competitive Landscape 2.3. Key Players Benchmarking 2.3.1. Company Name 2.3.2. Headquarter 2.3.3. Product Segment 2.3.4. End-users Segment 2.3.5. Revenue (2023) 2.3.6. Company Production – 2023 2.3.7. Company Locations 2.4. Market Structure 2.4.1. Market Leaders 2.4.2. Market Followers 2.4.3. Emerging Players 2.5. Mergers and Acquisitions Details 3. India Mica Market: Dynamics 3.1. Mica Market Trends 3.2. Mica Market Dynamics 3.2.1. Market Drivers 3.2.2. Market Restraints 3.2.3. Market Opportunities 3.2.4. Market Challenges 3.3. PORTER’s Five Forces Analysis 3.4. PESTLE Analysis 3.5. Regulatory Landscape 3.6. Value Chain – Supply Chain Analysis 4. Regional Analysis 4.1. Geographical Distribution of Mica Resources in India 4.2. Market Trends and Opportunities in Different Regions 4.3. Major Mica Mining Clusters 5. Customer Analysis 5.1. End-User Industries 5.2. Consumer Preferences and Buying Behavior 6. Price Trend Analysis 6.1. Price Trends 6.2. Factors Influencing Mica Prices 7. Mica Market: India Market Size and Forecast by Segmentation (by Value in USD Million and Volume Units) (2023-2030) 7.1. Mica Market Size and Forecast, by Type (2023-2030) 7.1.1. Natural 7.1.2. Synthetic 7.2. Mica Market Size and Forecast, by Grade (2023-2030) 7.2.1. Ground Mica 7.2.2. Sheet Mica 7.2.3. Others 7.3. Mica Market Size and Forecast, by End User Industry (2023-2030) 7.3.1. Paints & Coatings 7.3.2. Electronics 7.3.3. Construction 7.3.4. Cosmetics 7.3.5. Others 8. Company Profile: Key Players 8.1. Kumarasamy Industries 8.1.1. Company Overview 8.1.2. Business Portfolio 8.1.3. Financial Overview 8.1.4. SWOT Analysis 8.1.5. Strategic Analysis 8.1.6. Recent Developments 8.2. MICAS India 8.3. Roongta mica 8.4. IMFA 8.5. Bhuvani Exim Private Limited 8.6. Vinayaka Microns (India) Pvt. Ltd. 8.7. Yudra Impex Pvt. Ltd 8.8. C L Roongta 8.9. Sakti Mica Manufacturing Co 8.10. The Jai Mica Supply Company Private Limited 8.11. Ruby Mica Company Limited 8.12. Premier Mica Company 8.13. The Jai Mica Supply Company Private Limited 8.14. Jalan Mica Exports 8.15. Mica Insulation 8.16. DARUKA & CO. (MICA) Private Limited 8.17. Samrat Laminates. 8.18. Welmica Laminates Pvt. Ltd. 9. Key Findings 10. Industry Recommendations 11. India Mica Market: Research Methodology 12. Terms and Glossary
