Press Releases
Shellac Market Share to Record Steady Growth by 2024

Shellac Market Share to Record Steady Growth by 2024

United States, 14 November 2017 -- The shellac market is a growing market owing to macroeconomic factors such as a rise in per capita income, growing young generation population and others.

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.

Request Free Sample Report @

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.

Request Report TOC (Table of Contents) @

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 confectionery 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.

Browse detail report @

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.

For Media Inquiry contact our sales Team @

About Us: Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:

Zion Market Research

4283, Express Lane,

Suite 634-143,

Sarasota, Florida 34249, United States

Tel: +49-322 210 92714

USA/Canada Toll-Free No.1-855-465-4651



Visit Our Blog:

# # #

Document Attached Image Attached Download file at:
(Right click and save file to download.)

Submitted by Stevan Schulz, Market Research Store on Tuesday, 14 November 2017 at 8:27 PM
Category: Food & Fashion
Related News

Canned Soups Market Driven by Rising Demand for Convenience Foods
Thursday, 22 Mar 2018

Soybean Market Driven by Rising Inclination of Buyers toward Organic Food
Thursday, 22 Mar 2018

Brown Sugar Market Driven by Rising Demand for Bakery Products
Thursday, 22 Mar 2018

Make a fashion statement with the choicest Greek jewellery
Thursday, 22 Mar 2018

Organic Yeast Market Driven by Growing Concern Regarding Non-organic/conventional Food Products
Thursday, 22 Mar 2018

Related Events

Internet of Things 4 Food Conference, Dublin 2018
Wednesday, 21 Mar 2018

American Food Sure Summit
Monday, 26 Mar 2018

American Food Innovate Summit
Monday, 26 Mar 2018

Food Sure Summit
Monday, 16 Apr 2018

Congress FOOD 2030: Towards sustainable agri-food systems
Wednesday, 5 Sep 2018

Latest News

Everything you need to know about Personalized Photo Puzzle Book
Friday, 23 Mar 2018

Overview On Advantages of Matrimonial Sites
Friday, 23 Mar 2018

TrustyHour Ltd Presents An Interactive Trading Platform To Help Investors To Deal With Cryptocurrenc
Friday, 23 Mar 2018

Chatten lotgenoten seksueel misbruik
Friday, 23 Mar 2018

What Are the Rewards of Plastic Injection Molding?
Friday, 23 Mar 2018

Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Friday, 23 March 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Consumer Technology
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
News & Media
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!

Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.

  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.

  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • ePharma | Accelerating Your Digital Strategy
  • Mechanical Services Explained - Training Course - London
  • The 12th Asia Pacific Travel Health Conference 2018
  • Internet of Things 4 Food Conference, Dublin 2018
  • Biz2Biz Berkshire Networking Lunch @ Grosvenor Casino Reading South

  • Latest Jobs
    Sorry, there are currently no entries posted here.