The Cashew Nut Shell Liquid (CNSL) Market is forecast to grow from USD 250.2 Million in 2018 to USD 450.4 Million by 2026, at a CAGR of 7.3%, during the forecast period. The market is primarily driven by the increasing demand from innumerable applications, such as laminating resins, epoxy resins, cashew cements and rubber compounding resins, foundry chemicals and other industrial applications.
The cashew shell is used to extract cashew nutshell liquid (CNSL), a major cashew industry by-product. The nut is inside a shell about 1/8 inch thick, a soft honeycomb structure that contains a dark reddish brown viscous liquid. It is called the liquid cashew nut shell, which is the cashew nut per carp fluid.
Recent research has shown that CNSL constituents have special structural features for transformation of specialty chemicals and polymers of high value. This involves adding value to many orders of magnitude and providing 100% chemically pure products with the chemical transformation. CNSL therefore offers vast scope and opportunities for specialty chemicals, high-value products and polymers to be produced.
The report focuses on current and future market growth, technological advancements, market volume, downstream raw materials and upstream buyers, and profiles of the key companies involved in the market. Top companies operating in the global market include Sri Devi Group (India), K Subraya Anantha Kamath and Sons (India), Palmer International (India) and Olam Agro India Pvt. Ltd (India),Shivam Cashew Industry (India)
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The report provides an extensive analysis of regional segmentation of the market. The regional analysis covers product development, sales, consumption trends, regional market share, and size in each regions. It also provides insights into import and export ratio, consumer demand, revenue generation, supply and demand, and presence of key player and their strategic initiatives in each region. It provides key information about impact of government regulations, policies, investment and funding, and research and development in the region.
The report also covers recent mergers and acquisitions, joint ventures, collaborations, agreements, partnerships, and other strategic alliances in the market. The data sources have been validated and verified by the industry experts in order to gather collective and fruitful information that provides latest market scenarios and industry trends.
Regional analysis covers:
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
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Cashew Nut Shell Liquid (CNSL) Market Segmentation by Type:
- Raw Cashew Nut Shell Liquid
- Technical Cashew Nut Shell Liquid (TCNSL)
Cashew Nut Shell Liquid (CNSL) market segmentation by application:
- Coating Industry
- Automotive Industry
- Fuel Industry
Overview of the TOC of the Report:
- Introduction, Scope, and Overview
- Opportunities, Risks, and Drivers
- Competition landscape analysis with sales, revenue, and price
- Extensive Profiling of the key competitors with the sales figures, revenue, and market share
- Regional analysis with sales, revenue, and market share for each region for the forecast period
- Country-wise analysis of the industry by type, application, and manufacturers
- Market Segmentation based on types
- Market segmentation based on applications
- Historical and forecast estimation
- And other chapters.
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