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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.
Scope of the Report:
This report focuses on the Shellac in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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 2017, the production in India is about 17185 MT, Jharkhand state ranks 1st followed by Madhya Pradesh, Chhattisgarh, Maharashtra and Odisha. The cultivation of lac on a large number of hosts of different kinds, its collection by numerous small growers, variations in the yield depending on the type and size of the host, cultivation practices and climatic conditions are the major factors influencing the estimation of Shellac production. Overall, the total production in 2014 has declined by 19 % in comparison of the Shellac production during 2013.
At present, the major manufacturers of Shellac are concentrated in D. Manoharlal (Shellac), Mahabir Shellac Factory, Aadhya International, Vishnu Shellac Factory, Gupta Brothers (Shellac), Prakash Shellacs Factory, Chuxiong DES Shellac, Hind Suter Shellac etc.
The worldwide market for Shellac is expected to grow at a CAGR of roughly 2.5% over the next five years, will reach 170 million US$ in 2023, from 150 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
- 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
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Wax Containing Shellac
- Bleached shellac
- Dewaxed shellac
Market Segment by Applications, can be divided into
- Food Industry
- Pharmaceutical Industry
- Cosmetic Industry
- Industrial applications
There are 15 Chapters to deeply display the global Shellac market.
Chapter 1, to describe Shellac Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Shellac, with sales, revenue, and price of Shellac, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Shellac, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Shellac market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Shellac sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source