According to our (Global Info Research) latest study, the global Cashew Nut Shell Liquid (CNSL) and Derivatives market size was valued at US$ 215 million in 2024 and is forecast to a readjusted size of USD 364 million by 2031 with a CAGR of 7.9% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Cashew Nut Shell Liquid (CNSL) is a natural oil extracted from cashew nut shells. Its main components include about 85% anacardic acid, around 10% cardol, and approximately 5% cardanol. It is an unsaturated amphoteric biological oil. CNSL has numerous derivatives. The most representative one is cardanol. Cardanol is a green industrial raw material refined from natural CNSL through advanced technology. It has the characteristics of both aromatic and aliphatic compounds. The phenolic hydroxyl group on the benzene ring endows it with the properties of phenolic compounds. Cardanol is widely used in coatings, adhesives, and wear - resistant materials.
This report is a detailed and comprehensive analysis for global Cashew Nut Shell Liquid (CNSL) and Derivatives market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Cashew Nut Shell Liquid (CNSL) and Derivatives market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Cashew Nut Shell Liquid (CNSL) and Derivatives market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Cashew Nut Shell Liquid (CNSL) and Derivatives market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Cashew Nut Shell Liquid (CNSL) and Derivatives market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Cashew Nut Shell Liquid (CNSL) and Derivatives
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Cashew Nut Shell Liquid (CNSL) and Derivatives market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Cardolite, Cat Loi, Senesel, LC BUFFALO, Son Chau, Sri Devi Group, C.Ramakrishna Padayatchi, Adarsh Industrial Chemicals, Golden Cashew Products, GHW International, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Cashew Nut Shell Liquid (CNSL) and Derivatives market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Cashew Nut Shell Liquid (CNSL)
Cardanol
Cashew Nut Shell Liquid Friction Particles
Others
Market segment by Application
Paints and Coatings
Adhesive
Resin and Rubber
Automotive
Others
Major players covered
Cardolite
Cat Loi
Senesel
LC BUFFALO
Son Chau
Sri Devi Group
C.Ramakrishna Padayatchi
Adarsh Industrial Chemicals
Golden Cashew Products
GHW International
Subraya
Kumarasamy Industries
Cashew
Hung Loc
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Cashew Nut Shell Liquid (CNSL) and Derivatives product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Cashew Nut Shell Liquid (CNSL) and Derivatives, with price, sales quantity, revenue, and global market share of Cashew Nut Shell Liquid (CNSL) and Derivatives from 2020 to 2025.
Chapter 3, the Cashew Nut Shell Liquid (CNSL) and Derivatives competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Cashew Nut Shell Liquid (CNSL) and Derivatives breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Cashew Nut Shell Liquid (CNSL) and Derivatives market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Cashew Nut Shell Liquid (CNSL) and Derivatives.
Chapter 14 and 15, to describe Cashew Nut Shell Liquid (CNSL) and Derivatives sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Cashew Nut Shell Liquid (CNSL) and Derivatives. Industry analysis & Market Report on Cashew Nut Shell Liquid (CNSL) and Derivatives is a syndicated market report, published as Global Cashew Nut Shell Liquid (CNSL) and Derivatives Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Cashew Nut Shell Liquid (CNSL) and Derivatives market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.