Abstract, Snapshot, Market Analysis & Market Definition: Shellac Market
Shellac is a kind of non-toxic natural gum resin dissolves in a wide variety of alkaline or rapidly drying alcoholic solvents but is resistant to a number of other solvents particularly hydrocarbons. They are widely used in industrial applications, Cosmetics, Food, Pharma, etc. In terms of volume, the global Shellac Production was 31241 MT in 2017, and it is predicted to reach 38905 MT in 2024. In 2017, the global Shellac market is led by India, capturing about 55% of global Shellac production. Southeast Asia is the second-largest region-wise market with 30% of production share. In 2019, the market size of Shellac is 150.1 million US$ and it will reach 171.4 million US$ in 2025, growing at a CAGR of 1.9% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period. In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Shellac. This report studies the global market size of Shellac, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Shellac production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
Market Segmentation, Outlook & Regional Insights: Shellac Market
Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Wax Containing Shellac
Bleached shellac
Dewaxed shellac
Others
Segmentation by Application : Breakdown of data from year 2014 to 2019 and forecast until 2025:
Food Industry
Pharmaceutical Industry
Cosmetic Industry
Industrial applications
Others
Key Players, Recent Developments & Sector Viewpoints: Shellac Market
D. Manoharlal (Shellac)
Mahabir Shellac Factory
Aadhya International
Vishnu Shellac Factory
Gupta Brothers (Shellac)
Prakash Shellacs Factory
Chuxiong DES Shellac
Hind Suter Shellac
Stroever GmbH & Co. KG
Creasia Group
Kunming Forest Products Chemical
Key Insights Covered: Exhaustive Shellac Market
1. Market size (sales, revenue and growth rate) of Shellac industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Shellac industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Shellac industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Shellac industry.
Research Methodology: Shellac Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.