CASHEW FRICTION
DUST MARKET
OVERVIEW
Cashew Friction Dust is a by-product derived from the reaction of Cashew Nut Shell Liquid with aldehyde contributors like Formaldehyde, Hexamine, or Para Formaldehyde. It is utilized primarily in the automotive and industrial sectors for its frictional properties.
MARKET SIZE AND GROWTH
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MARKET SIZE (2023):
APPROXIMATELY USD 55 MILLION
PROJECTED MARKET SIZE (2035): AROUND USD 84.59 MILLION
COMPOUND ANNUAL GROWTH RATE (CAGR): 4.90% DURING THE FORECAST PERIOD.
By Type
Friction
MARKET SEGMENTATION
By Application
Others
Brown
Black Friction
Brake Lining
Brake Cushions
REGIONAL ANALYSIS
Study focuses on evaluating the market landscape, consumer trends, and competition pertinent to the new product.
MIDDLE EAST & AFRICA
Emerging market with increasing adoption in industrial sectors.
EUROPE
Stable market with strong demand in automotive friction materials.
NORTH AMERICA
Moderate growth driven by industrial demand and technological applications.
ASIA-PACIFIC
Fastest-growing region due to rapid industrialization and rising automotive production in China and India.
KEY PLAYERS
Cardolite Golden Cashew Products
Sri Devi Group
