Mica production worldwide by country 2020

The largest mica producer in the world in 2020 was China, producing about 95,000 metric tons of mica. Following China was Finland, which produced 65,000 metric tons that year.

Mica and its uses

The mineral mica is a group of aluminosilicates with various metals that split into fine sheets. They have a layered texture and have multiple uses. It is a translucent, optically flat, and elastic mineral. It is found in a variety of consumer goods, from cosmetics to electronic appliances. It is added to rubber products such as tires to prevent sticking. Additionally, it is used in paints to improve their pigmentation. In 2024, it is expected that electronics will account for 27 percent of the global mica market, with paints and coatings following with 26 percent.

Mica's market value

By 2024, the market volume of natural mica is expected to reach 1.06 million tons. In 2024, the total global market size of mica is forecast to reach 669.3 million U.S. dollars, with natural mica expected to account for 591 million U.S. dollars of that amount.