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CASHEW SHELL PDF

Most of the regional cashew demand comes from the U.S. Compared to cashews grown in tropical regions, North American cashews contain less selenium.

The market for North America is expected to reach USD 171.2 Million in 2030, at a CAGR of 8.0% during the forecast period.

These resins are used in protective coverings that are anti-corrosive. CNSL is treated and polymerized to produce resins that act as good materials for coating. This oil is available as a by-product in abundance from the cashew industry. Prevention of corrosion is therefore of paramount importance in daily activities. Corrosion factors are increasing due to different types of pollution.

The market for corrosion industry is estimated to reach USD 8.2 Million in 2030, at a CAGR of 7.2% during the forecast period.

Its outlets are limited to anticorrosion primers, black enamels, and marine paints, among others due to its dark color. Its anti-microbial, acid-resistant and rust-proof properties are well known and are used to protect the boat hulls from the bottom. It is widely known that paint/varnish manufacturers are adding CNSL resin to synthetics to control properties and reduce costs.

The market for paint and varnishes is expected to reach USD 54.0 Million in 2030, at a CAGR of 8.4% during the forecast period.The market is primarily driven by the increasing demand from a variety of applications, such as laminating resins, epoxy resins, cashew cements and rubber compounding resins, foundry chemicals and other industrial applications. The Cashew Nut Shell Liquid (CNSL) Market is forecasted to grow from USD 319.6 Million in 2021 to USD 590.2 Million by 2030, at a CAGR of 7.1%, during the forecast period.

The report also covers recent developments and provides a comprehensive industry overview to help readers understand the complete scenario and dynamics of the global Cashew Nut Shell Liquid (CNSL) Market.įurther key findings from the report suggest The report utilizes key statistical tools such as SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and venture return analysis to offer better insights into the market landscape. Rising investments by the key industry players for the R&D activities will further bolster market growth over the analysis period. Over the years, mergers and acquisitions, collaborations, and partnerships have played a pivotal role in companies’ plans of expanding customer base and gaining a robust footing in the market. The major players in the market are K2P Chemicals (India), Sri Devi Group (India), K Subraya Anantha Kamath and Sons (India), Muskaan (India), Senesel (India), Shivam Cashew Industry (India), Cardolite (India), Palmer International (India) and Olam Agro India Pvt.

CASHEW SHELL PDF

Get PDF brochure for Industrial Insights and business Intelligence CNSL therefore offers vast scope and opportunities for specialty chemicals, high-value products and polymers to be produced. This involves adding value to many orders of magnitude and providing 100% chemically pure products with the chemical transformation. Recent research has shown that CNSL constituents have special structural features for transformation of specialty chemicals and polymers of high value. It is called the liquid cashew nut shell, which is the cashew nut per carp fluid. The nut is inside a shell about 1/8 inch thick, a soft honeycomb structure that contains a dark reddish brown viscous liquid.

The cashew shell is used to extract cashew nutshell liquid (CNSL), a major cashew industry by-product. 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 Nut Shell Liquid (CNSL) Market is forecast to grow from USD 319.6 Million in 2021 to USD 590.2 Million by 2030, at a CAGR of 7.1%, during the forecast period.