(Health-NewsWire.Net, July 08, 2018 ) The global Shellac market is valued at 150 million US$ in 2017 and will reach 170 million US$ by the end of 2025, growing at a CAGR of 1.9% during 2018-2025.
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.
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Companies profiled in this report are 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 and more.
Analysis by Product Types, with production, revenue, price, market share and growth rate of each type, can be divided into
• Wax Containing Shellac
• Bleached shellac
• Dewaxed shellac
Analysis by Applications, this report focuses on consumption, market share and growth rate of Shellac in each application, can be divided into
• Food Industry
• Pharmaceutical Industry
• Cosmetic Industry
• Industrial applications
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Table of Contents:
1 Shellac Market Overview
2 Global Shellac Market Competition by Manufacturers
3 Global Shellac Capacity, Production, Revenue (Value) by Regions (2013-2018)
4 Global Shellac Supply (Production), Consumption, Export, Import by Regions (2013-2018)
5 Global Shellac Production, Revenue (Value), Price Trend by Types
6 Global Shellac Market Analysis by Applications
7 Global Shellac Manufacturers Profiles/Analysis
8 Shellac Manufacturing Cost Analysis
9 Industrial Chain, Sourcing Strategy and Downstream Buyers
10 Marketing Strategy Analysis, Distributors/Traders
11 Market Effect Factors Analysis
12 Global Shellac Market Forecast (2018-2025)
13 Research Findings and Conclusion
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