Shellac Market report 2019 is devised after comprehensive analysis of Various Significant market factors like Market Opportunities, Market Trends, Market Challenges, Market Size. Shellac Market report 2019 contains strategically important data like CAGR value, working capital, enterprise value & book value of leading companies for various stakeholders and business decision makers like investors, CEOs, traders, suppliers, Research & media, Global Managers, Directors, Presidents to gain understanding of the Shellac Industry. Shellac Market report provides Forecast for the period 2019-2025 along with the growth opportunities for the new entrants.
This industry study presents the global Shellac market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Shellac production, revenue and market share by manufacturers, key regions and type.
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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.
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.
At present, the major manufacturers of Shellac are concentrated in D. Manoharlal (Shellac), Mahabir Shellac Factory, Aadhya International, Vishnu Shellac Factory, Gupta Brothers (Shellac), Prakash Shellacs Factory, Chuxiong DES Shellac, Hind Suter Shellac etc.
Global Shellac market size will increase to 170 Million US$ by 2025, from 150 Million US$ in 2018, at a CAGR of 1.9% during the forecast period.
Shellac Market Breakdown Data by Types:
Shellac Market Breakdown Data by Applications:
Prominent Vendors in Shellac Market:
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With tables and figures helping analyse worldwide Global Shellac market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Further in the report, the Shellac market is observed for Sales, Revenue, Price and Gross Margin. These points are analyzed for companies, types, and regions. In extension with this data, the sale price is for various types, applications and region is also included. The Shellac Market consumption for major regions is given. Additionally, type wise and application wise figures are also provided in this report.
In this study, the years considered to estimate the market size of Shellac:
- History Year: 2014 – 2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year: 2019 – 2025
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The study objectives of Shellac Market report are:
- To analyze and research the global Shellac capacity, production, value, consumption, status and forecast;
- To focus on the key Shellac manufacturers and study the capacity, production, value, market share and development plans in next few years.
- To 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.
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Name: Mr. Ajay More
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Organization: 360 Market Updates
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