Shellac Market Size, Share, Outlook and Forecast Report 2018-2027 | With Top Players Are: D. Manoharlal (Shellac), Mahabir Shellac Factory, Aadhya International, Vishnu Shellac Factory

The report “Global Shellac by Manufacturers, Regions, Type and Application” highlights key dynamics of Shellac sector Market. The potentiality of this sector has been examined along with the significant challenges and growth opportunities. The present market scenario and future predictions of the sector has also been studied in-depth in this report. The report also provides the key market players that are assessed on numerous parameters such as manufacturer’s summary, revenue generation, product portfolio, and sales analysis of Shellac segment in the forecast period. Also, this report involves major market drivers and restraints of the given market.

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.

The major manufacturers covered in this report:

• 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
  …

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On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into:

• Wax Containing Shellac
• Bleached shellac
• Dewaxed shellac
• Others

By Application, the market can be split into:

• Food Industry
• Pharmaceutical Industry
• Cosmetic Industry
• Industrial applications
• Others

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering

• North America
• Europe
• China
• Japan
• India
• Southeast Asia
• Other regions (Central & South America, Middle East & Africa)

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The study objectives of this report are:

• To analyze and study the global Shellac capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
• Focuses on the key Shellac manufacturers, to study the capacity, production, value, market share and development plans in future.
• Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
• To define, describe and forecast the market by type, application and region.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Shellac are as follows:

• History Year: 2013-2017
• Base Year: 2017
• Estimated Year: 2018
• Forecast Year 2018 to 2025

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