Market Overview:
The global lac dye market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for lac dye from various applications such as food, medicine, cosmetics, printing and dyeing, textile and other applications. In terms of region, North America is expected to lead the global lac dye market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Lac dye is a natural dye extracted from the resin of the lac insect, Kerria lacca. Lac dye has been used for centuries in Asia and Europe for dying cloth, leather, and hair.
Purity 95%:
Purity 95% is a new term in the lac dye market. It means that 5% of impurities are removed during production. Purity 95% results in five times less amount of contaminants and five times higher yield than standard lac dyes, which makes it suitable for high-quality textile applications such as luxury clothing, fine art and photography, home furnishing fabrics among others.
Purity 99%:
Purity 99% is a fully organic compound, manufactured by the double decomposition of acetone. It has no color and offers an odor like fresh cut grass. Purity 99% is used as a solvent in lac dye manufacturing process and it's properties are similar to that of ethanol.
It can dissolve several substances including lead oxide, bismuth oxychloride, silver nitrate, gold chloride solution and other compounds containing nitrogen & sulfur.
Application Insights:
The other application segment includes the use of the product for various industrial and commercial applications. The food application is expected to be one of the fastest-growing segments over the forecast period owing to rising demand from fast food chains and casual restaurants. In addition, increasing consumption of frozen foods is also likely to contribute toward growth in this segment.
The medicine application is projected to witness significant growth during the forecast period due to high product usage in medical dyes that are used for coloring drugs, medicines, vitamins, dietary supplements as well as surgical products. Furthermore, increasing R&D activities by major players coupled with new dye formulations that offer enhanced stability and better performance are further anticipated to propel market growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for food, medicine, and cosmetics products. China and India are among the largest markets in this region due to growing population and rising disposable income of consumers & urbanization resulting in increased consumption of consumer goods including food coloring agents.
Europe was estimated as the second-largest regional market followed by North America on account of high product demand from end-use industries such as printing, textile, pharmaceuticals, cosmetics etc. Europe has been witnessing a steady growth rate since 2010 with France being one of its major countries contributing significantly towards industry development through innovations and new product launches related to lac dyes across various applications such as fibers (wool), textiles (carpets), paper coating ink etc.).
Growth Factors:
- Increasing demand from textile and apparel industry
- Rising awareness about the benefits of natural dyes
- Growing popularity of eco-friendly products
- Proliferation of digital printing technology
- Expansion of global trade
Scope Of The Report
Report Attributes
Report Details
Report Title
Lac Dye Market Research Report
By Type
Purity 95%, Purity 99%, Other
By Application
Food,, Medicine,, Cosmetics,, Printing and Dyeing, Textile, Other
By Companies
Hangzhou Dayangchem, Henan Zhongda Hengyuan Biotechnology Stock, Boc Sciences, Hunan Changsha Chemfar Economy & Trade Corp, Parchem Fine & Specialty Chemicals, Triveni Chemicals, Acade Chemical, William Bernstein, Simagchem Corporation, Barrington Chemical Corporation, Raj Kumar Shellac Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Lac Dye Market Report Segments:
The global Lac Dye market is segmented on the basis of:
Types
Purity 95%, Purity 99%, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food,, Medicine,, Cosmetics,, Printing and Dyeing, Textile, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hangzhou Dayangchem
- Henan Zhongda Hengyuan Biotechnology Stock
- Boc Sciences
- Hunan Changsha Chemfar Economy & Trade Corp
- Parchem Fine & Specialty Chemicals
- Triveni Chemicals
- Acade Chemical
- William Bernstein
- Simagchem Corporation
- Barrington Chemical Corporation
- Raj Kumar Shellac Industries
Highlights of The Lac Dye Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Purity 95%
- Purity 99%
- Other
- By Application:
- Food,
- Medicine,
- Cosmetics,
- Printing and Dyeing
- Textile
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Lac Dye Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Lac dye is a natural dye made from the sap of the lac beetle. It is used to color fabrics a variety of colors, including black, blue, brown, green, orange, pink and purple.
Some of the key players operating in the lac dye market are Hangzhou Dayangchem, Henan Zhongda Hengyuan Biotechnology Stock, Boc Sciences, Hunan Changsha Chemfar Economy & Trade Corp, Parchem Fine & Specialty Chemicals, Triveni Chemicals, Acade Chemical, William Bernstein, Simagchem Corporation, Barrington Chemical Corporation, Raj Kumar Shellac Industries.
The lac dye market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Lac Dye Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Lac Dye Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Lac Dye Market - Supply Chain
4.5. Global Lac Dye Market Forecast
4.5.1. Lac Dye Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Lac Dye Market Size (000 Units) and Y-o-Y Growth
4.5.3. Lac Dye Market Absolute $ Opportunity
5. Global Lac Dye Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Lac Dye Market Size and Volume Forecast by Type
5.3.1. Purity 95%
5.3.2. Purity 99%
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Lac Dye Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Lac Dye Market Size and Volume Forecast by Application
6.3.1. Food,
6.3.2. Medicine,
6.3.3. Cosmetics,
6.3.4. Printing and Dyeing
6.3.5. Textile
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Lac Dye Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Lac Dye Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Lac Dye Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Lac Dye Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Lac Dye Demand Share Forecast, 2019-2026
9. North America Lac Dye Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Lac Dye Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Lac Dye Market Size and Volume Forecast by Application
9.4.1. Food,
9.4.2. Medicine,
9.4.3. Cosmetics,
9.4.4. Printing and Dyeing
9.4.5. Textile
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Lac Dye Market Size and Volume Forecast by Type
9.7.1. Purity 95%
9.7.2. Purity 99%
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Lac Dye Demand Share Forecast, 2019-2026
10. Latin America Lac Dye Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Lac Dye Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Lac Dye Market Size and Volume Forecast by Application
10.4.1. Food,
10.4.2. Medicine,
10.4.3. Cosmetics,
10.4.4. Printing and Dyeing
10.4.5. Textile
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Lac Dye Market Size and Volume Forecast by Type
10.7.1. Purity 95%
10.7.2. Purity 99%
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Lac Dye Demand Share Forecast, 2019-2026
11. Europe Lac Dye Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Lac Dye Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Lac Dye Market Size and Volume Forecast by Application
11.4.1. Food,
11.4.2. Medicine,
11.4.3. Cosmetics,
11.4.4. Printing and Dyeing
11.4.5. Textile
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Lac Dye Market Size and Volume Forecast by Type
11.7.1. Purity 95%
11.7.2. Purity 99%
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Lac Dye Demand Share, 2019-2026
12. Asia Pacific Lac Dye Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Lac Dye Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Lac Dye Market Size and Volume Forecast by Application
12.4.1. Food,
12.4.2. Medicine,
12.4.3. Cosmetics,
12.4.4. Printing and Dyeing
12.4.5. Textile
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Lac Dye Market Size and Volume Forecast by Type
12.7.1. Purity 95%
12.7.2. Purity 99%
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Lac Dye Demand Share, 2019-2026
13. Middle East & Africa Lac Dye Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Lac Dye Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Lac Dye Market Size and Volume Forecast by Application
13.4.1. Food,
13.4.2. Medicine,
13.4.3. Cosmetics,
13.4.4. Printing and Dyeing
13.4.5. Textile
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Lac Dye Market Size and Volume Forecast by Type
13.7.1. Purity 95%
13.7.2. Purity 99%
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Lac Dye Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Lac Dye Market: Market Share Analysis
14.2. Lac Dye Distributors and Customers
14.3. Lac Dye Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hangzhou Dayangchem
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Henan Zhongda Hengyuan Biotechnology Stock
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Boc Sciences
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hunan Changsha Chemfar Economy & Trade Corp
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Parchem Fine & Specialty Chemicals
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Triveni Chemicals
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Acade Chemical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. William Bernstein
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Simagchem Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Barrington Chemical Corporation
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Raj Kumar Shellac Industries
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
