Cashew Nut Shell Oil (CNSL) Market : Introduction
Theflexiblehoneycombstructureofacashewnutcontainsadarkbrown liquidknownascashewnutshelloil/liquid(CSNL).Itiswidelyutilisedin theproductionofsurfacecoatings,paints&varnishes,andpolymersandis recognisedasoneofthemostsignificantby productsofthecashew industry.Hotoilprocess,mechanicalextraction,solventextraction, supercriticalfluidsprocess,andvacuumdistillationareonlyafewofthe techniquesutilisedtoextractcashewnutshelloil.
CashewNutShellOilalsocalledCashewNutShellLiquid(CNSL),isafluid thatisextractedfromtheoutershell(Nutshell)ofcashewnut.This oil/fluidnaturallyhasvariouschemicalsinside;itisusedasarawmaterial formanyindustries.
Thisoilcomesintwoforms:solidandliquidforms.Thesolidformisused asfrictionparticlesinthebrakeliningindustry,andtheliquidformisused inwaterproofpaints,foundrychemicals,varnishesandlaminatingresins.
CashewTheGlobalCashewNutShellOilMarketsizewasatUSD309.72Millionin 2021,anditispredictedthatitwillreachavaluationofUSD593.81Million bytheendof2030withanannualdevelopmentrate(CAGR)of7.50% between2022and2030
The Global Cashew Nut Shell Oil Market Overview:
TheCashewNutShellOilisversatileinnatureandhasseveralindustrial benefits.Themainmarketisfuelledbytherisingdemandfromvarious applications,suchasepoxyresins,rubbercompoundresins,laminating resins,cashewcement,andotherchemicaluses.
Cashewnutshellliquid(CNSL)isextractedfromtheCashewShell,anditis aprimarycashewindustryby product.Theshellcontainsanutwhichis abouta1/8inchthick,hasasofthoneycombstructureandcontainsa black,reddishbrownviscousliquid.
ThelatestresearchhasrevealedthatCNSLcomponentshavespecial characteristicsfortransformingspecialitychemicalsandhigh value polymers.Itaddsvaluetomanysizeordersandoffers100%purechemical productswithchemicaltransformation.Therefore,CNSLoffersahuge opportunityandscopeforspecialitychemicals,high valueproductsand polymerstobeproduced.
CNSLisbeingusedinthePaintindustry,whereCNSLresinsareaddedto syntheticsforcontrollingpropertiesandminimisingcosts.CNSLisacid resistant,anti microbial,andhasrust proofpropertiesusedtoprotectBoat hullsatthebottom.AsCNSLhasvarioususesattheindustriallevel,the demandforCashewNutShellOil(CNSL)isanticipatedtoshowsignificant growthovertheforecastperiod.
Global Cashew Nut Shell Oil Market- Key Trends
SurginguseofCSNLinsurfacecoatingstoaugmentindustryoutlook
TherehasbeenanescalatingdemandforCSNLfromcoatings&paints industryowingtoitsanti microbial,rustproof,andacidresistantnature. Moreover,cashewnutshelloilbasedsurfacecoatingstendtopossess excellentsurfacefinishandglosswithhighlevelsofelasticityand
toughness.Theseoilsarealsocosteffectiveandenvironmentfriendly whichinturnisacceleratingtheirdemandacrossvariousend use industries.
RisinguseofCSNLinadhesivestopositivelyswaythemarketdynamics Cashewnutshelloilispredominantlyusedtomakeadhesivesthatare suitableforplywood.Thesetypeofadhesivesareproducedbyoxidizing CSNLwithmanganesedioxide.TheCSNLinducedadhesivesarecost effective,highlyefficient,andeco friendlyinnature.
Request a Free Sample Copy: https://wemarketresearch.com/sample request/cashew nut shell oil market/147/
The Key Market Segmentation of the Global Cashew Nut Shell Oil Market:
GlobalCashewNutShellOilMarketcanbedividedintoTypes,Applications, Industry,andGeographicallandscapes,etc.
Cashew Nut Shell Oil Market Segmentation By Type:
NaturalCashewNutShell
TechnicalCashewNutShell
Cashew Nut Shell Oil Market Segmentation By Application:
PaintsandVarnishes
LaminatingResins
RubberCompounding
Cements
Cashew Nut Shell Oil Market Segmentation By Industry:
TobaccoCuring
Cashew Nut Shell Oil Market Segmentation By Geographical
NorthAmerica
Europe
AsiaPacific
SouthAmerica
EastandAfrica
Major Key Players in the Global Cashew Nut Shell Oil Market Are:
CASHEWCHEMINDIA)
OrbittaExports
SunCashewCompany
AgroProducts
CASHEWS
AGENCIESPVT.LTD
CaskydIndustries
SriDeviGroup
ShivamCashewIndustry
SubrayaAnanthaKamathandSons
Senesel
KimmyFarm
VAVIMEXCOMPANYLIMITED
CATLOICASHEWOILPRODUCTION&EXPORTJOINTSTOCK COMPANY
For More Details, Visit Our Report Page:
The COVID 19 Impact Analysis:
TheCOVID 19pandemicoutbreakimpactedvariousindustriesdueto supplychaindisruptioncausedbystrictregulationsenforcedbythe government.Furthermore,theuncertainlockdownresultinginthe temporaryclosureofmanufacturingunitsdelayedtheproduction ofCSNL products,thusnegativelyaffectedthemarketgrowth.
Asked
(FAQ):
Whatisthecurrentsizeofthecashewnutshellliquidmarket?
Whoarethemajorplayersofthetimberlaminatingadhesives market?
Whichsegmenthasthepotentialtoregisterthehighestmarketshare fortimberlaminatingadhesives?
Whichisthefastest growingregioninthemarket?
About Us
WEMARKETRESEARCHisanestablishedmarketanalyticsandresearch firmwithadomainexperiencesprawlingacrossdifferentindustries.We havebeenworkingonmulti countymarketstudiesrightfromour inception.Overthetime,fromourexistence,wehavegainedlaurelsforour deeprootedmarketstudiesandinsightfulanalysisofdifferentmarkets.
Ourstrategicmarketanalysisandcapabilitytocomprehenddeepcultural, conceptualandsocialaspectsofvarioustangledmarketshashelpedus makeamarkforourselvesintheindustry.WEMARKETRESEARCHisa frontrunnerinhelpingnumerouscompanies;bothregionaland internationaltosuccessfullyachievetheirbusinessgoalsbasedonourin depthmarketanalysis.Moreover,wearealsocapableofdevisingmarket strategiesthatensureguaranteedcustomerbasesforourclients.