| Product Code: ETC4473629 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Indonesia`s import trend for cashew nutshell liquid in 2024 exhibited a significant growth rate of 66.8% compared to the previous year, with a compound annual growth rate (CAGR) of 7.3% from 2020 to 2024. This surge in imports can be attributed to a notable shift in demand dynamics within the market, potentially influenced by evolving consumer preferences or changes in trade policies impacting the sector`s import momentum.
The Indonesia cashew nutshell liquid market has shown remarkable growth, primarily due to the increasing recognition of cashew nutshell liquid (CNSL) as a valuable raw material in various industries. CNSL, a byproduct of cashew nut processing, is gaining traction for its versatile applications, including as a resin in adhesives, coatings, and friction materials. The market`s growth is also bolstered by a surge in demand for eco-friendly and sustainable alternatives in industrial applications. Manufacturers are investing in research and development efforts to enhance the quality and performance of CNSL-based products.
The Indonesia Cashew Nutshell Liquid market is driven by the increasing demand for natural and eco-friendly raw materials in various industries. Cashew nutshell liquid is a versatile material used in a range of applications, including adhesives, coatings, and automotive components. As industries continue to shift toward sustainable and bio-based products, the demand for cashew nutshell liquid as a renewable and environmentally friendly resource has been steadily increasing.
Challenges in the cashew nutshell liquid market include sustainable sourcing of raw materials and extraction methods. Ensuring fair trade practices with cashew farmers and preserving the natural ecosystem is vital. Furthermore, market expansion and diversification of applications are ongoing challenges.
The cashew nutshell liquid market was impacted by supply chain disruptions during the pandemic. Cashew nutshell liquid is used in various applications, including in the production of resins and friction materials. The market saw challenges in sourcing raw materials and distribution.
The cashew nutshell liquid market in Indonesia primarily involves the extraction and processing of cashew nutshell liquid (CNSL). Key players in this market include companies like PT. Cahaya Sakti Agro (CSA).
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Cashew Nutshell Liquid Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Cashew Nutshell Liquid Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Cashew Nutshell Liquid Market - Industry Life Cycle |
3.4 Indonesia Cashew Nutshell Liquid Market - Porter's Five Forces |
3.5 Indonesia Cashew Nutshell Liquid Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Indonesia Cashew Nutshell Liquid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Cashew Nutshell Liquid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the eco-friendly properties of cashew nutshell liquid |
4.2.2 Growing demand for bio-based chemicals and renewable raw materials |
4.2.3 Favorable government policies supporting the use of natural products in industries |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Limited technological advancements in the processing of cashew nutshell liquid |
4.3.3 Competition from synthetic chemicals in various industrial applications |
5 Indonesia Cashew Nutshell Liquid Market Trends |
6 Indonesia Cashew Nutshell Liquid Market, By Types |
6.1 Indonesia Cashew Nutshell Liquid Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Cashew Nutshell Liquid Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Indonesia Cashew Nutshell Liquid Market Revenues & Volume, By PF Resins, 2021-2031F |
6.1.4 Indonesia Cashew Nutshell Liquid Market Revenues & Volume, By Epoxy Resins, 2021-2031F |
6.1.5 Indonesia Cashew Nutshell Liquid Market Revenues & Volume, By Epoxy Curing Agents, 2021-2031F |
6.1.6 Indonesia Cashew Nutshell Liquid Market Revenues & Volume, By Surfactants, 2021-2031F |
6.1.7 Indonesia Cashew Nutshell Liquid Market Revenues & Volume, By Polyols, 2021-2031F |
6.2 Indonesia Cashew Nutshell Liquid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Cashew Nutshell Liquid Market Revenues & Volume, By Adhesive, 2021-2031F |
6.2.3 Indonesia Cashew Nutshell Liquid Market Revenues & Volume, By Coating, 2021-2031F |
6.2.4 Indonesia Cashew Nutshell Liquid Market Revenues & Volume, By Foam, 2021-2031F |
6.2.5 Indonesia Cashew Nutshell Liquid Market Revenues & Volume, By Laminate, 2021-2031F |
6.2.6 Indonesia Cashew Nutshell Liquid Market Revenues & Volume, By Personal Care, 2021-2031F |
7 Indonesia Cashew Nutshell Liquid Market Import-Export Trade Statistics |
7.1 Indonesia Cashew Nutshell Liquid Market Export to Major Countries |
7.2 Indonesia Cashew Nutshell Liquid Market Imports from Major Countries |
8 Indonesia Cashew Nutshell Liquid Market Key Performance Indicators |
8.1 Research and development investment in improving the extraction process efficiency |
8.2 Number of new applications utilizing cashew nutshell liquid in different industries |
8.3 Environmental impact assessment of cashew nutshell liquid production and usage |
9 Indonesia Cashew Nutshell Liquid Market - Opportunity Assessment |
9.1 Indonesia Cashew Nutshell Liquid Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Indonesia Cashew Nutshell Liquid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Cashew Nutshell Liquid Market - Competitive Landscape |
10.1 Indonesia Cashew Nutshell Liquid Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Cashew Nutshell Liquid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |