Global Cashew Nut Shell Oil Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Cashew Nut Shell Oil market size was valued at US$ 28.4 million in 2024 and is forecast to a readjusted size of USD 47.3 million by 2031 with a CAGR of 7.2% during review period.
Cashew Nut Shell Oil (CNSO) is a versatile component of the Cashew fruits’ nut. The oil which is a dark reddish-brown in colour is resident in a soft honeycomb shell, that is the pericarp of the nut. It is a natural resin that could serve as a valuable raw material for multiple applications. Rapid growth in the world population and increasing standard of living has overstretched petroleum resources as petrochemical feedstock. This among other factors, has culminated in the fast depletion of global petroleum reserves. Therefore, to maintain the standard of living and continuity of industrial sector which is paramount to human survival this decade and beyond, there is a need to find alternative sources of fuel and petrochemical feedstock. Cashew nut shell, a by-product of the cashew industry, is an embodiment of a useful chemical serving as a raw material for the petrochemical industry.
The Cashew Nut Shell Oil (CNSL) market is experiencing significant growth, driven by its diverse industrial applications and the increasing shift toward bio-based and sustainable chemicals. CNSL, a byproduct of cashew nut processing, is widely used in coatings, adhesives, friction materials (such as brake pads and clutch plates), laminates, bio-based resins, and specialty chemicals due to its high durability, corrosion resistance, and thermal stability. As global industries seek to reduce their dependence on petrochemical-based materials, CNSL is gaining traction as an eco-friendly alternative in automotive, construction, and industrial applications. The rising demand for high-performance bio-based coatings and polymers in automotive, aerospace, and infrastructure sectors is a major factor fueling market expansion. Additionally, stringent environmental regulations in Europe and North America are encouraging manufacturers to adopt renewable and low-carbon materials, further supporting CNSL market growth.
This report is a detailed and comprehensive analysis for global Cashew Nut Shell Oil 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 Oil market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/ MT), 2020-2031
Global Cashew Nut Shell Oil market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/ MT), 2020-2031
Global Cashew Nut Shell Oil market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/ MT), 2020-2031
Global Cashew Nut Shell Oil market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/ MT), 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 Oil
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 Oil 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 Cat Loi Company, Fernandes Brothers, Sri Devi Group, Kumaraswamy Industries, Kanco Southwest Enterprises, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Cashew Nut Shell Oil 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
Natural CNSL (Cold Extraction)
Technical CNSL (Hot Extraction)
Market segment by Application
Rubber and Plastic
Paint and Coating
Automobile Brakes
Other
Major players covered
Cat Loi Company
Fernandes Brothers
Sri Devi Group
Kumaraswamy Industries
Kanco Southwest Enterprises
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 Oil product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Cashew Nut Shell Oil, with price, sales quantity, revenue, and global market share of Cashew Nut Shell Oil from 2020 to 2025.
Chapter 3, the Cashew Nut Shell Oil competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Cashew Nut Shell Oil 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 Oil 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 Oil.
Chapter 14 and 15, to describe Cashew Nut Shell Oil sales channel, distributors, customers, research findings and conclusion.
Cashew Nut Shell Oil (CNSO) is a versatile component of the Cashew fruits’ nut. The oil which is a dark reddish-brown in colour is resident in a soft honeycomb shell, that is the pericarp of the nut. It is a natural resin that could serve as a valuable raw material for multiple applications. Rapid growth in the world population and increasing standard of living has overstretched petroleum resources as petrochemical feedstock. This among other factors, has culminated in the fast depletion of global petroleum reserves. Therefore, to maintain the standard of living and continuity of industrial sector which is paramount to human survival this decade and beyond, there is a need to find alternative sources of fuel and petrochemical feedstock. Cashew nut shell, a by-product of the cashew industry, is an embodiment of a useful chemical serving as a raw material for the petrochemical industry.
The Cashew Nut Shell Oil (CNSL) market is experiencing significant growth, driven by its diverse industrial applications and the increasing shift toward bio-based and sustainable chemicals. CNSL, a byproduct of cashew nut processing, is widely used in coatings, adhesives, friction materials (such as brake pads and clutch plates), laminates, bio-based resins, and specialty chemicals due to its high durability, corrosion resistance, and thermal stability. As global industries seek to reduce their dependence on petrochemical-based materials, CNSL is gaining traction as an eco-friendly alternative in automotive, construction, and industrial applications. The rising demand for high-performance bio-based coatings and polymers in automotive, aerospace, and infrastructure sectors is a major factor fueling market expansion. Additionally, stringent environmental regulations in Europe and North America are encouraging manufacturers to adopt renewable and low-carbon materials, further supporting CNSL market growth.
This report is a detailed and comprehensive analysis for global Cashew Nut Shell Oil 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 Oil market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/ MT), 2020-2031
Global Cashew Nut Shell Oil market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/ MT), 2020-2031
Global Cashew Nut Shell Oil market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/ MT), 2020-2031
Global Cashew Nut Shell Oil market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/ MT), 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 Oil
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 Oil 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 Cat Loi Company, Fernandes Brothers, Sri Devi Group, Kumaraswamy Industries, Kanco Southwest Enterprises, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Cashew Nut Shell Oil 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
Natural CNSL (Cold Extraction)
Technical CNSL (Hot Extraction)
Market segment by Application
Rubber and Plastic
Paint and Coating
Automobile Brakes
Other
Major players covered
Cat Loi Company
Fernandes Brothers
Sri Devi Group
Kumaraswamy Industries
Kanco Southwest Enterprises
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 Oil product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Cashew Nut Shell Oil, with price, sales quantity, revenue, and global market share of Cashew Nut Shell Oil from 2020 to 2025.
Chapter 3, the Cashew Nut Shell Oil competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Cashew Nut Shell Oil 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 Oil 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 Oil.
Chapter 14 and 15, to describe Cashew Nut Shell Oil sales channel, distributors, customers, research findings and conclusion.
Table of Contents
71 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Cashew Nut Shell Oil by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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