Global Cashew Nutshell Liquid Market Size study, byproduct (PF Resins, Epoxy Modifiers & Resins, Epoxy Curing Agents, Surfactants, Polyols& NCO Blocking Agents, Friction Materials, Others), by Application (Adhesive, Coatings, Foam& Insulation, Laminates, Friction Linings, Personal Care,Others) and Regional Forecasts 2022-2028
Global Cashew Nutshell Liquid Market is valued at approximately XX in 2021 and is anticipated to grow with a healthy growth rate of more than xx% over the forecast period 2022-2028.Cashew nutshell liquid (CNSL) is a byproduct of the cashew industry that can be used for a variety of purposes. The nut has a 1/8-inch thick shell with a delicate honeycomb structure inside that contains a dark reddish brown viscous liquid. CNSL performs all of the typical phenol reactions, and CNSL aldehyde condensation products and CNSL-based phenolic resins are employed in a variety of applications including surface coatings and adhesives. The market is being driven by increased demand from the chemical and petrochemical sectors, as well as rising need for natural resources for various uses.The market's expansion is projected to be hampered by the volatility of raw materials costs and the inconsistent supply of raw materials. However, the worldwide cashew nutshell liquid (CNSL) market has a fundamental hurdle in the form of unpredictable raw material availability. Growing public awareness of the benefits of biodegradable products has led in the creation of novel products, which are projected to drive market expansion.
The key regions considered for the global Cashew Nutshell Liquid marketstudy includeAsia Pacific, North America, Europe, Latin America, and Rest of the World.In Europe, the CNSL market is divided into Germany, France, the United Kingdom, Italy, the Netherlands, and the Rest of Europe. The chemical sector plays a key role in the economy of the region. Global chemical corporations have made significant investments in this region, which has fueled growth. Though the market is projected to be driven by a sustained European economic recovery,
Major market players included in this report are:
Palmer International
Senesel
Cat Loi Cashew Oil Production & Export Joint Stock Company (Cat Loi)
Zhejiang Wansheng
Adarsh Industrial Chemicals
Cashew Chem India
Golden Cashew Products Pvt. Ltd.
AdmarkPolycoats Pvt. Ltd.
Paladin Paints & Chemicals Pvt. Ltd.
Cardolite Company
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
ByProduct Type::
Phenol-Formaldehyde (PF) Resins
Epoxy Modifiers & Resins
Epoxy Curing Agents
Surfactants
Polyols & NCO Blocking Agents
Friction Materials
Others
By Application:
Adhesives
Coatings
Foams & Insulation
Laminates
Friction Linings
Personal Care
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Cashew Nutshell Liquid Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Palmer International
Senesel
Cat Loi Cashew Oil Production & Export Joint Stock Company (Cat Loi)
Zhejiang Wansheng
Adarsh Industrial Chemicals
Cashew Chem India
Golden Cashew Products Pvt. Ltd.
AdmarkPolycoats Pvt. Ltd.
Paladin Paints & Chemicals Pvt. Ltd.
Cardolite Company
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