Global cashew nut shell liquid (CNSL) market is expected to reach USD 489.63 Million by 2026, at a CAGR of 7.81% from 2019 to 2026. Growing demand from the end user industries such as coating, automotive, leather are driving the global cashew nut shell liquid (CNSL) market.
Market Overview:
Cashew nut shell liquid (CNSL) is a multipurpose by product of the Cashew industry. The nut has a shell of about 1/8 inch thickness inside which is a soft honey comb structure containing a dark reddish brown viscous liquid. CNSL undergoes all the conventional reactions of phenols, CNSL aldehyde condensation products and CNSL based phenolic Resins are used in applications such as surface coatings, adhesives. Various polyamines synthesised from CNSL are used s curing agents for epoxy resins. CNSL and its derivatives have been used as antioxidants, plasticizers and processing aids for rubber compounds, modifiers for plastic materials and used to provide oxidative resistance sulphur-cured natural rubber products. It is also added to rubber gum stock or nitrile rubber to improve the processability, mechanical properties and resistance to crack and cut properties of the vulcanisates. Thus increasing use of CNSL as an alternative to the unsaturated phenols is anticipated to drive the global cashew nut shell liquid (CNSL) market over the forecast period.
Report Description:
Market Dynamics:
Drivers:
Restrains:
Opportunities:
Challenges:
Global Cashew Nut Shell Liquid (CNSL) Market Key Findings:
All the segments have been analyzed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment.
Segmentation Analysis:
The global cashew nut shell liquid (CNSL) market has been segmented on the basis of type, application and end user industry.
Regional Segmentation Analysis:
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. The Asia Pacific region emerged as the largest market for the cashew nut shell liquid (CNSL) with a 39.03% share of market revenue in 2018.
Global Cashew Nut Shell Liquid (CNSL) Market Competitive Analysis:
Key players in the global cashew nut shell liquid (CNSL) market are K2P Chemicals, Sri Devi Group, K Subraya Anantha Kamath and Sons, Muskaan, Senesel, Shivam Cashew Industry, Cardolite, Palmer International, and Olam Agro India Pvt. Ltd among others. CNSL is extensively used in polymer based industries such as friction linings, paints and varnishes, laminating resins, Rubber compounding resins, cashew cements, polyurethane based polymers, surfactants, epoxy resins, foundry chemicals and intermediates for chemical industry, Automobile, pesticides.
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This study forecasts revenue and volume growth at global, regional, and country levels from 2016 to 2026. Fior Markets has segmented the global cashew nut shell liquid (CNSL) market on the basis of below mentioned segments:
Global Cashew Nut Shell Liquid (CNSL) Market by Type:
Global Cashew Nut Shell Liquid (CNSL) Market by Application:
Global Cashew Nut Shell Liquid (CNSL) Market by End User Industry:
Global Cashew Nut Shell Liquid (CNSL) Market by Region:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Type
4.3.2. Market Attractiveness Analysis By Application
4.3.3. Market Attractiveness Analysis By End User Industry
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Rising Utilization Of CNSL In The End User Industries
5.2.2. Rising Preference For CNSL Over Unsaturated Phenols
5.3. Restrains
5.3.1. Volatility In The Raw Material Prices
5.4. Opportunities
5.4.1. Global Emphasis On Improving The Agricultural Income
5.4.2. Increasing Investment On The Research And Development Activities
5.5. Challenges
5.5.1. Erratic Supply Of Raw Materials
6. Global Cashew Nut Shell Liquid (CNSL) Market Analysis and Forecast, By Type
6.1. Segment Overview
6.2. Raw Cashew Nut Shell Liquid (CNSL)
6.3. Technical Cashew Nut Shell Liquid (CNSL)
7. Global Cashew Nut Shell Liquid (CNSL) Market Analysis and Forecast, By Application
7.1. Segment Overview
7.2. Friction Linings
7.3. Paints and Varnishes
7.4. Laminating Resins
7.5. Rubber Compounding Resins
7.6. Cashew Cements
7.7. Polyurethane Based Polymers
7.8. Surfactants
7.9. Epoxy Resins
7.10. Foundry Chemicals
7.11. Others
8. Global Cashew Nut Shell Liquid (CNSL) Market Analysis and Forecast, By End User Industry
8.1. Segment Overview
8.2. Coating Industry
8.3. Automotive Industry
8.4. Fuel Industry
8.5. Leather Industry
8.6. Tobacco Curing Industry
8.7. Others
9. Global Cashew Nut Shell Liquid (CNSL) Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Cashew Nut Shell Liquid (CNSL) Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in the Cashew Nut Shell Liquid (CNSL) Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Type Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. K2P Chemicals
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Type Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Sri Devi Group
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Type Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. K Subraya Anantha Kamath and Sons
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Type Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Muskaan
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Type Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Senesel
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Type Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Shivam Cashew Industry
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Type Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Cardolite
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Type Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Palmer International
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Type Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Oil Olam Agro India Pvt. Ltd
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Type Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
List of Table
List of Figures
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