Form a strategic response through the industry recovery phase
Antique Stoves Inc., Asheville Mica Co., and BASF SE will be the major mica market participants during 2020-2024
Technavio released its latest market research report "Global Mica Market 2020-2024" (Graphic: Business Wire)
Technavio released its latest market research report "Global Mica Market 2020-2024" (Graphic: Business Wire)
LONDON--(BUSINESS WIRE)--According to Technavio, the mica market is expected to grow by USD 24.96 million during 2020-2024. The report analyzes in detail the impact of the COVID-19 pandemic on the mica market in optimistic, possible and pessimistic forecast scenarios.
The enterprise will go through the response, recovery and renewal phases. Download a free sample report on COVID-19
Due to the widespread growth of the COVID-19 pandemic, the mica market will have a negative impact during the forecast period. According to Technavio's market research focusing on the pandemic, market growth may decline compared to 2019.
As the novel coronavirus pandemic continues to spread, organizations around the world are using technology to gradually flatten their decline curve. Many companies will go through the response, recovery, and renewal phases. Building business resilience and achieving agility will help organizations move forward on their journey out of the COVID-19 crisis and toward the next normal state.
This post-pandemic business planning study will help clients:
Download the post-pandemic business planning structure. click here
The main considerations of the market forecast:
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Three major mica market participants:
Antique Stoves Inc. operates in the unified division. The company provides different types of mica products such as mica flakes, mica, natural mica, lampshade mica and so on. Mica-based products are mainly used for electrical insulation in electronic and electrical applications. Click here for an exclusive free sample report
The Asheville Mica Company operates in the unified division. The company provides natural mica, such as flake mica CMG 35, flake mica black, muscovite lump mica grade 1, lampshade mica, furnace mica and mica paper.
BASF SE operates in a variety of fields including agricultural solutions and others. The company provides a series of natural mica products through its subsidiary BASF Colors & Effects, such as Cellini, Cloisonné and Duocrome.
If you purchase a report updated in the next 60 days, we will send you the new version and data excerpts for free! Get a snapshot of the report here for a detailed market share analysis of market participants during the COVID-19 lock-in period: https://www.technavio.com/report/mica-market-industry-analysis
The mica market segmentation is as follows:
The mica market is driven by the growing demand for mica in developing countries. In addition, other factors, such as the increased use of mica in coating technology, are expected to trigger the mica market to achieve a compound annual growth rate of nearly 1% during the forecast period.
For more insights on global trends affecting the future of the mica market, request a free sample @ https://www.technavio.com/talk-to-us?report=IRTNTR45938
Technavio is the world's leading technology research and consulting company. Their research and analysis focus on emerging market trends and provide actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market position. Technavio's report library has more than 500 professional analysts, including more than 17,000 reports, and it is constantly increasing, covering 800 technologies across 50 countries/regions. Their customer base includes companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio's comprehensive coverage, extensive research, and actionable market insight to identify opportunities in existing and potential markets, and evaluate their competitive position in changing market scenarios.
Technavio Research Jesse Maida Media and Marketing Director United States: 1 844 364 1100 United Kingdom: 44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/
The mica market will grow by US$24.96 million in 2020-2024
Technavio Research Jesse Maida Media and Marketing Director United States: 1 844 364 1100 United Kingdom: 44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/