Global Shellac Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Shellac market size was valued at US$ 170 million in 2024 and is forecast to a readjusted size of USD 193 million by 2031 with a CAGR of 1.9% during review period.

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.

Global Shellac key players include D. Manoharlal (Shellac), Mahabir Shellac Factory, Aadhya International, Vishnu Shellac Factory, Prakash Shellacs Factory, etc. Global top five manufacturers hold a share about 20%.

India is the largest market, with a share about 50%, followed by Southeast Asia and China, both have a share over 40 percent.

In terms of product, Wax Containing Shellac is the largest segment, with a share over 80%. And in terms of application, the largest application is Industrial Applications, followed by Food Industry, Pharmaceutical Industry, Cosmetic Industry, etc.

This report is a detailed and comprehensive analysis for global Shellac market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Shellac market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2020-2031

Global Shellac market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2020-2031

Global Shellac market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2020-2031

Global Shellac market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/MT), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Shellac

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Shellac market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include D. Manoharlal (Shellac), Mahabir Shellac Factory, Aadhya International, Vishnu Shellac Factory, Gupta Brothers (Shellac), Prakash Shellacs Factory, Chuxiong DES Shellac, Hind Suter Shellac, Stroever GmbH & Co. KG, Creasia Group, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Shellac market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Wax Containing Shellac
Bleached Shellac
Dewaxed Shellac
Others

Market segment by Application
Food Industry
Pharmaceutical Industry
Cosmetic Industry
Industrial applications
Others

Major players covered
D. Manoharlal (Shellac)
Mahabir Shellac Factory
Aadhya International
Vishnu Shellac Factory
Gupta Brothers (Shellac)
Prakash Shellacs Factory
Chuxiong DES Shellac
Hind Suter Shellac
Stroever GmbH & Co. KG
Creasia Group
Kunming Forest Products Chemical

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Shellac product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Shellac, with price, sales quantity, revenue, and global market share of Shellac from 2020 to 2025.

Chapter 3, the Shellac competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Shellac breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Shellac market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Shellac.

Chapter 14 and 15, to describe Shellac sales channel, distributors, customers, research findings and conclusion.