Press release
New Report On Global Lac Resin Market Insights, Forecast to 2029
Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart): https://www.qyresearch.com/sample/1773451
In their comprehensive report, the authors have meticulously profiled both top-tier and prominent players in the global Lac Resin market. Their analysis is focused on various critical aspects, encompassing overall business strategies, key markets, production methods, manufacturing styles, business tactics, and innovative sales growth strategies. The report not only highlights the current competitive landscape but also offers insights into how it has evolved in the past and is expected to change in the upcoming years. It provides a profound understanding of the existing competitive dynamics in the global Lac Resin market and offers expert analyses of potential future growth strategies that market players can employ to fortify their market positions. Additionally, the report includes a detailed competitive leadership mapping and an in-depth competitive scenario analysis."
Lac resin, also known as shellac resin or simply shellac, refers to a natural resinous secretion produced by the female lac insect (Kerria lacca). The insect typically feeds on certain host trees, such as the Palas tree, and as it feeds on their sap, it secretes a sticky substance that hardens into a resinous coating.
Global Lac Resin market is expected to reach to US$ million in 2023, with a positive growth of %, compared with US$ million in 2022. Backed with the increasing demand from downstream industries, Lac Resin industry is evaluated to reach US$ million in 2029. The CAGR will be % during 2023 to 2029.
Globally, Lac Resin key manufacturers include Shepherd Textiles, A.F. Suter, Vishnu Shellac Factory, Gupta Brothers (Shellac), Prakash Shellacs Factory, Chuxiong DES Shellac, Hind Suter Shellac, Stroever GmbH & Co. KG and Creasia Group, etc. Shepherd Textiles, A.F. Suter, Vishnu Shellac Factory are top 3 players and held % sales share in total in 2022.
For production bases, global Lac Resin production is dominated by and . The two regions contributed to % production share globally in 2022 and the proportion will reach to % in 2029.
When considering the consumption regions, % volume of Lac Resin were sold to North America, Europe and Asia Pacific in 2022. Asia Pacific is estimated to experience fast growth, with the CAGR of % during 2023 to 2029 and the sales share will be % in 2029. Moreover, China, plays a key role in the whole Lac Resin market and estimated to attract more attentions from industry insiders and investors.
Lac Resin can be divided into Natural and Synthetic, etc. Natural is the mainstream product in the market, accounting for % sales share globally in 2022 and the proportion will be % in 2029.
Lac Resin is widely used in various fields, such as Electrical, Coating, Rubber and Plastic, etc. Electrical provides greatest supports to the Lac Resin industry development. In 2022, global % sales of Lac Resin went into Electrical filed and the proportion will reach to % in 2029.
Report Covers:
This report presents an overview of global Lac Resin market from 2018 to 2029, aiming to help readers to get a comprehensive understanding of global Lac Resin market with multiple angles. Items like regional production, sales, revenue from 2018 to 2029 and manufacturers' capacity, sales, price, revenue and gross margin from 2018 to 2023 are analyzed. In addition, sales and revenue of product type and application in each region from 2018 to 2029 are also highlighted.
Manufacturers, Type, Application and Regions Listed in the Report:
By Company
Shepherd Textiles
A.F. Suter
Vishnu Shellac Factory
Gupta Brothers (Shellac)
Prakash Shellacs Factory
Chuxiong DES Shellac
Hind Suter Shellac
Stroever GmbH & Co. KG
Creasia Group
Segment by Type
Natural
Synthetic
Segment by Application
Electrical
Coating
Rubber
Plastic
Pharmaceutical
Printing
Food
Production by Region
North America
Europe
China
Japan
Sales by Region
US & Canada
U.S.
Canada
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1: Product definition, type and application introduction
Chapter 2: Regional production volume analysis from 2018 to 2029
Chapter 3: Regional revenue and sales volume analysis from 2018 to 2029
Chapter 4: Manufacturers' sales, revenue and price analysis, including manufacturers' Lac Resin plant distribution, commercial date of Lac Resin, product type offered, Mergers & Acquisitions and expansion activities.
Chapter 5: Product sales, revenue and price analysis by type from 2018 to 2029 globally
Chapter 6: Product sales, revenue and price analysis by application from 2018 to 2029 globally
Chapter 7: Product sales, revenue analysis by type and application from 2018 to 2029 in US & Canada. Product sales and revenue analysis of each country in US & Canada from 2018 to 2029
Chapter 8: Product sales, revenue analysis by type and application from 2018 to 2029 in Europe. Product sales and revenue analysis of each country in Europe from 2018 to 2029
Chapter 9: Product sales, revenue analysis by type and application from 2018 to 2029 in China. Product sales and revenue analysis of China from 2018 to 2029
Chapter 10: Product sales, revenue analysis by type and application from 2018 to 2029 in Asia (excluding China). Product sales and revenue analysis of each country in Asia (excluding China) from 2018 to 2029
Chapter 11: Product sales, revenue analysis by type and application from 2018 to 2029 in Middle East, Africa and Latin America. Product sales and revenue analysis of each country in Middle East, Africa and Latin America from 2018 to 2029.
Chapter 12: Manufacturers' outline, covering company's basic information, major business, Lac Resin introduction, etc. Lac Resin Capacity, Sales, Revenue, Price and Gross Margin of each company from 2018 to 2023
Chapter 13: Industry chain analysis, like raw materials, manufacturing cost. Market channel, distributors and customers analysis
Chapter 14: Market opportunities and challenges analysis
Chapter 15: QYResearch's Conclusions of Lac Resin
Chapter 16: Methodology and Data Sources adopted by QYResearch
Contact Us
QY RESEARCH, INC.
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rahul@qyresearch.com / enquiry@qyresearch.com
QYResearch is a leading global market research and consulting company established in 2007. With over 16 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability.
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