Shellac Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-1662 | Report Format : | Status : Upcoming |

Abstract

Global Shellac Market: Overview

Shellac is obtained from the secretions of resins. They appear in the form of dry flakes which can be dissolved in ethanol to obtain liquid shellac. It is a type of natural plastic and can be easily shaped underweight and heat techniques. It is yellow or brownish-orange in color and has properties of being translucent and shiny. Shellac has varied uses in various sectors such as pharmaceutical, food, and cosmetics industry.

Global Shellac Market: Segmentation

The global shellac market is segmented into its functional uses, nature of the treatment of crude secretion, end use, application, and geography. On the basis of functional uses of shellac, the market is divided into surface finishing agent, coating agent, and glazing agent. Based on the nature of the treatment of crude secretion, the market is classified into dewaxed shellac, bleached shellac and wax containing shellac. On the basis of end use, the market is segregated into cosmetic industry, the pharmaceutical industry, and food industry. On the basis of applications, the market is divided into abrasives, fruit coating, shellac wax, wood polishing, cosmetics and pharmaceutical applications. Based on geography, the market is diversified into North America, Asia-Pacific, Latin America, Europe, and the Middle East and Africa.

Global Shellac Market: Growth Factors

The shellac market is a growing market owing to macroeconomic factors such as a rise in per capita income, growing young generation population, a rapid rate of urbanization, changes in the lifestyle, and increasing employment rate. Also, the market growth is driven by the rising demand for confectionary products and processed food. In order to increase the application of shellac, there has been an increase in research and development activities which may boost the growth opportunities. However, shortage of shellac, the rise in the price of the products, and high investment costs may cause a hindrance to the growth rate. Also, some people face allergic reactions due to shellac which may further hamper the growth of the market.

Global Shellac Market: Regional Analysis

Geographically, the shellac market is divided into North America, Asia-Pacific, Latin America, Europe and the Middle East and Africa of which the largest share of the market is held by Asia Pacific. This growth can be attributed to the rapidly developing population mostly of young age across the region. China, Japan, India, Australia, and New Zealand are among the countries showing steady growth in Asia Pacific. Following the growth in Asia Pacific is North America. Growth in this region is mainly due to the changing lifestyle of the consumers. European regions account for moderate growth whereas the Latin American and the Middle East and African regions exhibit a generous market growth during the forecast period.

Global Shellac Market: Competitive Players

Some of the major market players of the shellac market include Ferrotex Ltd., Excom Europe Ltd., Stroever GmbH. & Co. KG, Tawheed Usmani Production Co. Ltd., Licorice Extract Co. Ltd., D. Manoharlal (Shellac) Pvt. Ltd., and Vishnu Shellac Factory.

Global Shellac Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Individual Quick Freezing (IQF) Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3829 | Report Format:

Global Individual Quick Freezing (IQF)Market: Overview Individual Quick Freezing or IQF is an effective method of freezing foods or goods. The process of Individual Quick Freezing (IQF) relies on freezing the product extremely quickly. Fast enough freezing causes much smaller ice crystals to dev...Read More

Fruit & Vegetable Processing Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3827 | Report Format:

Global Fruit Vegetable ProcessingMarket: Overview Fruit and vegetables are both major food products in their own right and key ingredients in many processed foods. There has been growing research on their importance to health and techniques to preserve the nutritional and sensory qualities desi...Read More

Microbial Lipase Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3822 | Report Format:

Global Microbial Lipase Market: Overview Microbial lipases catalyze both the hydrolysis and synthesis of long-chain acylglycerols. They are currently given much attention with the rapid development of enzyme technology. The chemo-, regio-, and enantio-specific characteristics of lipase tend to b...Read More

Gummy Vitamins Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3819 | Report Format:

Global Gummy Vitamins Market: Overview Gummy vitamins are similar to candies but are chewable dietary supplements that are composed of nutrients. Initially, the gummy vitamins were consumed by the children unwilling to take medicines but now adults too have started consuming them. Owing to the h...Read More

Beverage Flavoring Systems Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3808 | Report Format:

Global Beverage Flavoring Systems Market: Overview Since the last few years, there has been a growing demand and consumption of drinks globally, both non-alcoholic and alcoholic in nature. This, in turn, has led the major market players to focus on launching new and authentic flavors in the mark...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.