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