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Shellac-Global Market Insights and Sales Trends 2025
Synopsis
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 size is expected to reach US$ 181.7 million by 2029, growing at a CAGR of 1.9% from 2023 to 2029. The market is mainly driven by the significant applications of Shellac in various end use industries. The expanding demands from the Food Industry, Pharmaceutical Industry, Cosmetic Industry and Industrial applications, are propelling Shellac market. Wax Containing Shellac, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Bleached Shellac segment is estimated at % CAGR for the next seven-year period.
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 Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Shellac, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Shellac market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Shellac market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Shellac sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Shellac covered in this report include D. Manoharlal (Shellac), Mahabir Shellac Factory, Aadhya International, Vishnu Shellac Factory, Gupta Brothers (Shellac), Prakash Shellacs Factory, Chuxiong DES Shellac, Hind Suter Shellac and Stroever GmbH & Co. KG, etc.
The global Shellac market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Shellac market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Shellac market, Segment by Type:
Wax Containing Shellac
Bleached Shellac
Dewaxed Shellac
Others
Global Shellac market, by Application
Food Industry
Pharmaceutical Industry
Cosmetic Industry
Industrial applications
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Shellac manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Shellac in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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 size is expected to reach US$ 181.7 million by 2029, growing at a CAGR of 1.9% from 2023 to 2029. The market is mainly driven by the significant applications of Shellac in various end use industries. The expanding demands from the Food Industry, Pharmaceutical Industry, Cosmetic Industry and Industrial applications, are propelling Shellac market. Wax Containing Shellac, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Bleached Shellac segment is estimated at % CAGR for the next seven-year period.
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 Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Shellac, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Shellac market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Shellac market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Shellac sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Shellac covered in this report include D. Manoharlal (Shellac), Mahabir Shellac Factory, Aadhya International, Vishnu Shellac Factory, Gupta Brothers (Shellac), Prakash Shellacs Factory, Chuxiong DES Shellac, Hind Suter Shellac and Stroever GmbH & Co. KG, etc.
The global Shellac market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Shellac market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Shellac market, Segment by Type:
Wax Containing Shellac
Bleached Shellac
Dewaxed Shellac
Others
Global Shellac market, by Application
Food Industry
Pharmaceutical Industry
Cosmetic Industry
Industrial applications
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Shellac manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Shellac in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Shellac Market Overview
1.1 Shellac Product Overview
1.2 Shellac Market Segment by Type
1.2.1 Wax Containing Shellac
1.2.2 Bleached Shellac
1.2.3 Dewaxed Shellac
1.2.4 Others
1.3 Global Shellac Market Size by Type
1.3.1 Global Shellac Market Size Overview by Type (2018-2029)
1.3.2 Global Shellac Historic Market Size Review by Type (2018-2023)
1.3.3 Global Shellac Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Shellac Sales Breakdown by Type (2018-2023)
1.4.2 Europe Shellac Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Shellac Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Shellac Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Shellac Sales Breakdown by Type (2018-2023)
2 Global Shellac Market Competition by Company
2.1 Global Top Players by Shellac Sales (2018-2023)
2.2 Global Top Players by Shellac Revenue (2018-2023)
2.3 Global Top Players by Shellac Price (2018-2023)
2.4 Global Top Manufacturers Shellac Manufacturing Base Distribution, Sales Area, Product Type
2.5 Shellac Market Competitive Situation and Trends
2.5.1 Shellac Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Shellac Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Shellac as of 2022)
2.7 Date of Key Manufacturers Enter into Shellac Market
2.8 Key Manufacturers Shellac Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Shellac Status and Outlook by Region
3.1 Global Shellac Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Shellac Historic Market Size by Region
3.2.1 Global Shellac Sales in Volume by Region (2018-2023)
3.2.2 Global Shellac Sales in Value by Region (2018-2023)
3.2.3 Global Shellac Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Shellac Forecasted Market Size by Region
3.3.1 Global Shellac Sales in Volume by Region (2024-2029)
3.3.2 Global Shellac Sales in Value by Region (2024-2029)
3.3.3 Global Shellac Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Shellac by Application
4.1 Shellac Market Segment by Application
4.1.1 Food Industry
4.1.2 Pharmaceutical Industry
4.1.3 Cosmetic Industry
4.1.4 Industrial applications
4.1.5 Others
4.2 Global Shellac Market Size by Application
4.2.1 Global Shellac Market Size Overview by Application (2018-2029)
4.2.2 Global Shellac Historic Market Size Review by Application (2018-2023)
4.2.3 Global Shellac Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Shellac Sales Breakdown by Application (2018-2023)
4.3.2 Europe Shellac Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Shellac Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Shellac Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Shellac Sales Breakdown by Application (2018-2023)
5 North America Shellac by Country
5.1 North America Shellac Historic Market Size by Country
5.1.1 North America Shellac Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Shellac Sales in Volume by Country (2018-2023)
5.1.3 North America Shellac Sales in Value by Country (2018-2023)
5.2 North America Shellac Forecasted Market Size by Country
5.2.1 North America Shellac Sales in Volume by Country (2024-2029)
5.2.2 North America Shellac Sales in Value by Country (2024-2029)
6 Europe Shellac by Country
6.1 Europe Shellac Historic Market Size by Country
6.1.1 Europe Shellac Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Shellac Sales in Volume by Country (2018-2023)
6.1.3 Europe Shellac Sales in Value by Country (2018-2023)
6.2 Europe Shellac Forecasted Market Size by Country
6.2.1 Europe Shellac Sales in Volume by Country (2024-2029)
6.2.2 Europe Shellac Sales in Value by Country (2024-2029)
7 Asia-Pacific Shellac by Region
7.1 Asia-Pacific Shellac Historic Market Size by Region
7.1.1 Asia-Pacific Shellac Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Shellac Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Shellac Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Shellac Forecasted Market Size by Region
7.2.1 Asia-Pacific Shellac Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Shellac Sales in Value by Region (2024-2029)
8 Latin America Shellac by Country
8.1 Latin America Shellac Historic Market Size by Country
8.1.1 Latin America Shellac Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Shellac Sales in Volume by Country (2018-2023)
8.1.3 Latin America Shellac Sales in Value by Country (2018-2023)
8.2 Latin America Shellac Forecasted Market Size by Country
8.2.1 Latin America Shellac Sales in Volume by Country (2024-2029)
8.2.2 Latin America Shellac Sales in Value by Country (2024-2029)
9 Middle East and Africa Shellac by Country
9.1 Middle East and Africa Shellac Historic Market Size by Country
9.1.1 Middle East and Africa Shellac Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Shellac Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Shellac Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Shellac Forecasted Market Size by Country
9.2.1 Middle East and Africa Shellac Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Shellac Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 D. Manoharlal (Shellac)
10.1.1 D. Manoharlal (Shellac) Company Information
10.1.2 D. Manoharlal (Shellac) Introduction and Business Overview
10.1.3 D. Manoharlal (Shellac) Shellac Sales, Revenue and Gross Margin (2018-2023)
10.1.4 D. Manoharlal (Shellac) Shellac Products Offered
10.1.5 D. Manoharlal (Shellac) Recent Development
10.2 Mahabir Shellac Factory
10.2.1 Mahabir Shellac Factory Company Information
10.2.2 Mahabir Shellac Factory Introduction and Business Overview
10.2.3 Mahabir Shellac Factory Shellac Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Mahabir Shellac Factory Shellac Products Offered
10.2.5 Mahabir Shellac Factory Recent Development
10.3 Aadhya International
10.3.1 Aadhya International Company Information
10.3.2 Aadhya International Introduction and Business Overview
10.3.3 Aadhya International Shellac Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Aadhya International Shellac Products Offered
10.3.5 Aadhya International Recent Development
10.4 Vishnu Shellac Factory
10.4.1 Vishnu Shellac Factory Company Information
10.4.2 Vishnu Shellac Factory Introduction and Business Overview
10.4.3 Vishnu Shellac Factory Shellac Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Vishnu Shellac Factory Shellac Products Offered
10.4.5 Vishnu Shellac Factory Recent Development
10.5 Gupta Brothers (Shellac)
10.5.1 Gupta Brothers (Shellac) Company Information
10.5.2 Gupta Brothers (Shellac) Introduction and Business Overview
10.5.3 Gupta Brothers (Shellac) Shellac Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Gupta Brothers (Shellac) Shellac Products Offered
10.5.5 Gupta Brothers (Shellac) Recent Development
10.6 Prakash Shellacs Factory
10.6.1 Prakash Shellacs Factory Company Information
10.6.2 Prakash Shellacs Factory Introduction and Business Overview
10.6.3 Prakash Shellacs Factory Shellac Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Prakash Shellacs Factory Shellac Products Offered
10.6.5 Prakash Shellacs Factory Recent Development
10.7 Chuxiong DES Shellac
10.7.1 Chuxiong DES Shellac Company Information
10.7.2 Chuxiong DES Shellac Introduction and Business Overview
10.7.3 Chuxiong DES Shellac Shellac Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Chuxiong DES Shellac Shellac Products Offered
10.7.5 Chuxiong DES Shellac Recent Development
10.8 Hind Suter Shellac
10.8.1 Hind Suter Shellac Company Information
10.8.2 Hind Suter Shellac Introduction and Business Overview
10.8.3 Hind Suter Shellac Shellac Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Hind Suter Shellac Shellac Products Offered
10.8.5 Hind Suter Shellac Recent Development
10.9 Stroever GmbH & Co. KG
10.9.1 Stroever GmbH & Co. KG Company Information
10.9.2 Stroever GmbH & Co. KG Introduction and Business Overview
10.9.3 Stroever GmbH & Co. KG Shellac Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Stroever GmbH & Co. KG Shellac Products Offered
10.9.5 Stroever GmbH & Co. KG Recent Development
10.10 Creasia Group
10.10.1 Creasia Group Company Information
10.10.2 Creasia Group Introduction and Business Overview
10.10.3 Creasia Group Shellac Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Creasia Group Shellac Products Offered
10.10.5 Creasia Group Recent Development
10.11 Kunming Forest Products Chemical
10.11.1 Kunming Forest Products Chemical Company Information
10.11.2 Kunming Forest Products Chemical Introduction and Business Overview
10.11.3 Kunming Forest Products Chemical Shellac Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Kunming Forest Products Chemical Shellac Products Offered
10.11.5 Kunming Forest Products Chemical Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Shellac Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Shellac Industrial Chain Analysis
11.4 Shellac Market Dynamics
11.4.1 Shellac Industry Trends
11.4.2 Shellac Market Drivers
11.4.3 Shellac Market Challenges
11.4.4 Shellac Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Shellac Distributors
12.3 Shellac Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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