Global Cashew Nut Shell Oil Market Analysis by Type, Application, Industry, and Region and segments forecast till 2033 The cashew nut shell oil market was worth USD 309.72 million in 2021 and is anticipated to reach a valuation of USD 289.74 million by 2030, expanding at a CAGR of 7.50% over the forecast duration. Cashew nut shell oil/liquid (CSNL) is a dark brown liquid present inside the soft honeycomb structure of a cashew nut. It is regarded as one of the most important by-products of the cashew industry and is widely used in surface coatings, paints & varnishes, and polymer production. There are various methods used for cashew nut shell oil extraction including hot oil process, mechanical extraction, solvent extraction, supercritical fluids process, and vacuum distillation. https://wemarketresearch.com/reports/cashew-nut-shell-oil-market/147/