Cashew Nut Shell Liquid (CNSL) may be a versatile by-product of the cashew industry. The nut features a shell of about 1/8 inch thickness inside which may be a soft honey comb structure containing a dark reddish brown viscous liquid. It’s called cashew nut shell liquid, which is that the pericarp fluid of the cashew nut. It’s often considered because the better and cheaper material for unsaturated phenols. CNSL and therefore the resins made up of it are widely utilized in laminations, brake lining, electrical insulations, surface coatings, printing inks etc. and thus find a ready market.
The cashew nut shell is having a soft feathery outer skin and a thin hard inner skin. Between these skins is the honeycomb structure containing the Phenolic material known as Cashew Nut Shell Liquid and is generally abbreviated as CNSL. That the cashew nut consists of kernel, shell and test a land on an average distribution is 20 to 25% kernel, 60-70% cashew nut shell and 2-5% test. 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 is driving the global cashew nut shell liquid (CNSL) market.
The application segment includes friction linings, paints and varnishes, laminating resins, rubber compounding resins, cashew cements, and polyurethane based polymers, surfactants, epoxy resins, foundry chemicals, and others. The friction linings segment is anticipated to grow at the very best CAGR of 9.92% over the forecast period. Growing utilization of the CNSL within the stabilizing agent in disk pad brakes and drum linings is predicted to fuel this future demand. CNSL is extensively utilized 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 industry , Automobile, pesticides. Entrepreneurs who invest in this project will be successful.