Seedlac is a natural purple resin secreted by lac insects after absorbing SAP from host trees. It mainly contains lac resin lac wax and lac pigment
This report contains market size and forecasts of Seedlac in global, including the following market information:
Global Seedlac Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Seedlac Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Seedlac companies in 2021 (%)
The global Seedlac market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Hot Filtration Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Seedlac include Aadhya International, Sitaram Saraf, Saraogi Shellac Overseas Corp, Tolaram Overseas Corporation, Jagdamba lac factory, CHEMSHEL and Rajkumar Shellac Industries, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Seedlac manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Seedlac Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Seedlac Market Segment Percentages, by Type, 2021 (%)
Hot Filtration
Solvent Process
Global Seedlac Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Seedlac Market Segment Percentages, by Application, 2021 (%)
National Defense
Electrical
Coating
Rubber
Medicine
Papermaking
Printing
Food
Other
Global Seedlac Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Seedlac Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Seedlac revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Seedlac revenues share in global market, 2021 (%)
Key companies Seedlac sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Seedlac sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Aadhya International
Sitaram Saraf
Saraogi Shellac Overseas Corp
Tolaram Overseas Corporation
Jagdamba lac factory
CHEMSHEL
Rajkumar Shellac Industries