Global Shellac Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

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:
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 2024, from 150 million US$ in 2019, according to a new study.
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.

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
Others

Market Segment by Applications, can be divided into
Food Industry
Pharmaceutical Industry
Cosmetic Industry
Industrial applications
Others

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Shellac product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Shellac, with price, sales, revenue and global market share of Shellac in 2017 and 2018.
Chapter 3, the Shellac competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Shellac breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Shellac market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Shellac sales channel, distributors, customers, research findings and conclusion, appendix and data source.