Shellac Market

Shellac Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment; 2017 – 2027

  • Ongoing
  • June 2020
  • REP-GB-3988
Shellac Market

  • US$5,000
  • US$7,500
  • US$10,000

This Shellac market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Shellac market.

Shellac is a natural bioadhesive polymer and is artificially like synthetic polymers, and thus can be viewed as a natural type of plastic. Thermoplastic is likewise classified as shellac is transformed into molding compound when mixed with flour and shaped under heat and weight techniques. The shellac is formed by secretion of raisins and is handled and sold as dry flakes, quickly dissolved in ethanol to make liquid shellac, which is used as a food glaze, brush-on colorant, and wood wrap up. The shellac has three main components namely hard resin, soft resin, and wax. Shellac is brownish-orange or yellow in color and has few properties of shinning and translucent. Shellac is insoluble in water. With ethanol, it gives an opalescent solution i.e. wax containing shellac and bleached shellac or gives a clear solution bleached and dewaxed shellac. Whenever warmed, it is sparingly solvent or dissolvable in alkaline solutions.

Global Shellac: Market Dynamics:

Market Growth Analysis

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

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Processed food and confectionary product have driven the demand for shellac market. Macroeconomic factor such as growing young generation population, a rise in per capita income, change in lifestyle, rapid rate of urbanization and employment rate are some of the factors which also drive the demand of global shellac market. However, a rise in price and shortage of shellac are expected to restrain the shellac market overestimated period. Moreover, few people face the problem of allergy. Shellac also cause a problem for pregnant women. High investment costs and price of the product act as a challenge for the new entrant in the market. The increase in research and development for an increase in the application of shellac is expected to provide an opportunity over the forecast period. The company operates in the shellac market have significantly high opportunity in regions such as Asia-Pacific, Middle East & Africa, and Latin America due to the significantly growing economy.

Global Shellac: Segmentation:

Global Shellac: Segmentation Overview:

The global shellac market is segmented by its functional use, nature of the treatment of crude secretion, application, end-use, and region. By functional use, the shellac market is segmented as glazing, coating and surface furnishing agent. The gazing agent is used for fruit layer, parting, and for confectionary and chocolates. The coating agent is used for polishing of wood treatment, nail paints. By nature of the treatment of crude secretion, the shellac market is segmented as wax containing, Bleached, and Dewaxed shellac. Among application segment, the confectionary segment is expected to have the substantial growth rate in shellac market, due to rapidly growing young population across a region. By end-use industry, food industry segment has significant revenue share and is expected to increase, owing to demand of confectionaries by young population. In addition to shellac is used in various wood treatment for high gloss, primers, and mat polishes; Electricals for insulator; Cosmetics includes a binder for mascara, shampoo, film, micro incapsulation; Pharma for coating of a tablet, abrasives binder for grinding wheels; hat manufacturing for stiffening and layer of seeds.

Global Shellac: Regional Outlook:

Among all the regions, Asia-Pacific excluding Japan represent a moderately high value, and volume share of the shellac market attributed rapidly developing young population across the region. The North America region likewise represents the value share in the global shellac showcase with substantial growth rate, due to changing the lifestyle of consumers. Eastern Europe and Japan accounts the moderate value of the share in the global shellac showcase. The developing economy includes Middle East Africa, and Latin America has a generous growth in the global shellac market. Growth in the cosmetic industry leads to an overall positive growth of the shellac market over the forecast period.

Global Shellac: Key Players:

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and grades.

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights.

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Based on the functional use, shellac market is segmented into:

  • Glazing Agent
  • Coating Agent
  • Surface finishing Agent

Based on the nature of the treatment of crude secretion, shellac market is segmented into:

  • Wax containing shellac
  • Bleached shellac
  • Dewaxed shellac

Based on end-use, the shellac market is segmented into:

  • Food Industry
  • Pharmaceutical Industry
  • Cosmetic Industry

Based on the application, the shellac market is segmented into:

  • Pharmaceutical application
  • Cosmetic
  • Wood polishing
  • Shellac wax
  • Fruit coating
  • Confectionary Glaze
  • Food and food packages
  • Printing inks
  • Abrasives

Based on the region, the shellac market is segmented into:

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific
  • Japan
  • The Middle East and Africa

Some of the prominent key players of shellac market are

  • Excom Europe Ltd.,
  • Ferrotex Ltd.
  • Tawheed Usmani Production Co., Ltd.
  • Stroever GmbH & Co. KG
  • D. Manoharlal (Shellac) Pvt.Ltd
  • Licorice Extract Co., Ltd.
  • Vishnu shellac factory

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Historical Actual Market Size, 2012 - 2016
  • Market Size & Forecast 2017 to 2027
  • Supply & Demand Value Chain
  • Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis for Market includes

  • North America
  • Latin America
  • Europe
  • Asia Pacific & Japan
  • The Middle East and Africa

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.
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  • The current and future market size, covering each aspect and nuanced trends across key national and geographic markets
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  • Extensive database and key dynamics elevating the market with varied verticals associated
  • Underlying Shellac Market forces that are compelling consumers or businesses to purchase the product
  • How novel technologies and consumer-centric innovations will create new value-adding opportunities for companies active in the Shellac Market
  • What will be environment and regulatory impacts on the market over the next decade
  • Investment Feasibility Matrix - It shows returns on investment, level of competition, success rate of investment, and potential risks associated with the market. The analysis shows that the competition is high in the established market, while the returns for short-term investment are also taken into consideration
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