Press release
Global Shellac Market Insights - Industry Share, Sales Projections, and Demand Outlook 2024-2030-Sharp,Panasonic,Philips
Market players, stakeholders, and other interested parties are the best receivers of trusted insights and strategic advice that the report provides to help them achieve their mission-critical priorities when operating in the global Shellac market. The experienced research analysts who have authored the report offer useful guidance to capitalize on market opportunities that matter the most. The guidelines offered in the report also help to find effective solutions to certain business issues related to the global Shellac market. With strong data and metrics, verified peer-driven research, and forward-thinking insights, the analysis provided in the report helps to make the right business decisions.
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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.
The global Shellac market was valued at US$ 162 million in 2023 and is anticipated to reach US$ 185 million by 2030, witnessing a CAGR of 1.9% during the forecast period 2024-2030.
Global Shellac key players include D. Manoharlal (Shellac), Mahabir Shellac Factory, Aadhya International, Vishnu Shellac Factory, Prakash Shellacs Factory, etc. Global top five manufacturers hold a share about 20%.
India is the largest market, with a share about 50%, followed by Southeast Asia and China, both have a share over 40 percent.
In terms of product, Wax Containing Shellac is the largest segment, with a share over 80%. And in terms of application, the largest application is Industrial Applications, followed by Food Industry, Pharmaceutical Industry, Cosmetic Industry, etc.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Shellac, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Shellac.
The Shellac market size, estimations, and forecasts are provided in terms of sales quantity (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Shellac market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Shellac manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Wax Containing Shellac
Bleached Shellac
Dewaxed Shellac
Others
Segment by Application
Food Industry
Pharmaceutical Industry
Cosmetic Industry
Industrial applications
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Shellac manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Sales, revenue of Shellac in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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