China Shellac Flakes Market
The China Shellac Flakes market size was valued at US$ 56.8 million in 2024 and is projected to reach US$ 72.4 million by 2030, at a CAGR of 4.1% during the forecast period 2024-2030.
Shellac Flakes are processed forms of shellac, a natural resin secreted by lac insects, used in various applications including wood finishing, food glazing, and pharmaceutical coatings.
China's Shellac Flakes market is experiencing moderate growth, driven by demand in traditional wood finishing applications, increasing use in food and confectionery industries, and ongoing applications in pharmaceuticals and cosmetics. In 2023, total production reached 15,000 metric tons, with wood finishing applications accounting for 45% of market value. The market saw a 5% increase in demand for dewaxed shellac flakes in 2023, particularly for use in high-gloss food coatings. Use in pharmaceutical tablet coatings is growing at 6% annually. The market is witnessing a trend towards standardized grades with consistent color and properties, with an 8% year-over-year increase in investments in refining and processing technologies. Adoption of shellac flakes in natural cosmetics formulations grew by 7% in 2023. Key manufacturers are focusing on developing shellac flakes with improved solubility and compatibility with various solvents, with a 10% increase in R&D efforts to expand application range. The industry is also seeing increased interest in shellac as a biodegradable alternative to synthetic resins, with a 12% rise in research projects exploring novel applications in sustainable packaging materials.
This report contains market size and forecasts of Shellac Flakes in China, including the following market information:
• China Shellac Flakes Market Revenue, 2019-2024, 2024-2030, ($ millions)
• China Shellac Flakes Market Sales, 2019-2024, 2024-2030,
• China Top five Shellac Flakes companies in 2023 (%)
Report Includes
This report presents an overview of China market for Shellac Flakes , sales, revenue and price. Analyses of the China market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report focuses on the Shellac Flakes sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the China Shellac Flakes market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.
This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.
Segment by Type
• Purity 99%
• Purity 90%
• Other
Segment by Applications
• Food
• Cosmetic and Pharmaceuticals
• Papermaking, Adhesive, Rubber and Coating
• Electrical
• Engineering
• Textile
• Other
Key Companies covered in this report:
• Zhejiang QingFeng Chemical Co., Ltd.
• Hubei Greenhome Fine Chemical Co., Ltd.
• Jiangsu Tianxin Chemical Co., Ltd.
• Hebei Yanxi Chemical Co.,Ltd.
• Anhui Herrman Impex Co., Ltd.
• Guangzhou Sino Growth Trading Co., Ltd.
• ChemFine International Co., Ltd.
• Shandong Look Chemical Co., Ltd.
• Hunan Nutramax Inc.
• Sichuan Benepure Pharmaceutical Co., Ltd.
Including or excluding key companies relevant to your analysis.
Competitor Analysis
The report also provides analysis of leading market participants including:
• Key companies Shellac Flakes revenues in Chinan market, 2019-2024 (Estimated), ($ millions)
• Key companies Shellac Flakes revenues share in Chinan market, 2023 (%)
• Key companies Shellac Flakes sales in Chinan market, 2019-2024 (Estimated),
• Key companies Shellac Flakes sales share in Chinan market, 2023 (%)
Key Indicators Analysed
• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Chinan Market Analysis: The report includes Chinan market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Benefits of This Market Research:
• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Shellac Flakes Market
• Overview of the regional outlook of the Shellac Flakes Market
Key Reasons to Buy this Report:
• Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
• This enables you to anticipate market changes to remain ahead of your competitors
• You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents
• The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
We offer additional regional and global reports that are similar:
• Global Shellac Flakes Market
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• Germany Shellac Flakes Market
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• Indonesia Shellac Flakes Market
• Brazil Shellac Flakes Market
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Table of Content:
1 STUDY COVERAGE
1.1 Shellac Flakes Product Introduction
1.2 Market by Type
1.2.1 Chinan Shellac Flakes Market Size Growth Rate by Type, 2019 VS 2023 VS 2030
1.2.2 Purity 99%
1.2.3 Purity 90%
1.2.4 Other
1.3 Market by Application
1.3.1 China Shellac Flakes Market Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2 Food
1.3.3 Cosmetic and Pharmaceuticals
1.3.4 Papermaking, Adhesive, Rubber and Coating
1.3.5 Electrical
1.3.6 Engineering
1.3.7 Textile
1.3.8 Other
1.4 China Shellac Flakes Sales Estimates and Forecasts 2019-2030
1.5 China Shellac Flakes Hydrocephalus Shunts Revenue Estimates and Forecasts 2019-2030
1.6 Study Objectives
1.7 Years Considered
2 COMPETITION BY MANUFACTURERS
2.1 China Shellac Flakes Sales by Manufacturers
2.1.1 China Shellac Flakes Sales by Manufacturers (2019-2024)
2.1.2 China Shellac Flakes Sales Market Share by Manufacturers (2019-2024)
2.1.3 Top Largest Manufacturers of Shellac Flakes in 2023 in China
2.2 China Shellac Flak
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