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India Mica Market: Industry Analysis and Forecast (2019-2026) 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.