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Manufacturing Business Cardanol From Cashew Nut Shell Oil | |
| Cardanol is an important industrial phenol derived from cashew nut shell oil (CNSO). Cardanol is a natural phenolic resin obtained as a by-product of the production of cashew nut shell oil. The shells of cashew nuts are subjected to high temperatures and pressure, resulting in CNSO. This oil is then refined to produce cardanol. Cardanol is a mixture of anacardic acids, cardols, and related compounds, all of which have numerous industrial applications. Cardanol is a non-toxic, biodegradable, and renewable source of phenolic resin, making it suitable for use in a variety of industries including food, pharmaceutical, and chemical. It is also used as a green alternative to phenolic resins derived from petroleum. Its Functions and Applications Cardanol's most notable property is its thermal stability, which is much higher than that of most other types of resins. This means it can be used in extremely hot environments without losing structural integrity. Furthermore, cardanol has high mechanical strength, excellent electrical insulating properties, and resistance to UV light and weathering. Cardanol is useful in a variety of industrial and commercial applications. It is especially common in coatings, adhesives, sealants, moulded parts, and composite materials. It is also a component of oil-based paints and varnishes. Furthermore, cardanol is used in the production of electrical components such as transformers and cable glands. Cardanol has been studied in the medical field for its potential applications in the formulation of drug delivery systems, biodegradable implants, and wound dressings. Cardanol has also shown promise in applications involving energy storage devices such as batteries. Overall, cardanol is a versatile resin with a wide range of distinct properties and applications. It is a green material that can replace petroleum-based polymers in a variety of applications. Global Market Prospects The global Cardanol market was valued at US$ 29 million in 2022 and is expected to reach US$ 58 million by 2029, growing at a CAGR of 10.3% between 2023 and 2029. Cardanol is a phenolic compound found in cashew nutshell liquid (CNSL), also known as Cashew Nut Shell Oil (CNSO). It is a non-toxic, renewable, and biodegradable raw material. Cardanol is used in the production of phenalkamines. Phenalkamines are used as a curing agent in the coating of concrete floors with durable epoxy. It is used in the lamination industry as an additive. Cardanol improves the dimensional stability, mechanical properties, and heat resistance of the products. These product characteristics are encouraging its use in the packaging of medical devices, electronics, and food and beverages. Cardanol demand is being fueled by the growing construction and automotive industries. The growing population and urbanisation are increasing demand for automobiles and construction activities, which is driving the cardanol market. Summery Cardanol derived from Cashew Nut Shell Oil is a fantastic business opportunity for entrepreneurs. It has a large market potential, is environmentally friendly, and has the potential to be a long-term source of revenue. It is an ideal business venture for entrepreneurs looking to invest in a growing industry due to its high demand, low production costs, and minimal waste. It's also an opportunity to make a difference in the environment. As Cardanol becomes more popular, more entrepreneurs should think about getting into this exciting and potentially lucrative business. Key Players • Cat Loi • LC BUFFALO • Son Chau • Cardolite • C.Ramakrishna Padayatchi • Adarsh Industrial Chemicals • Golden Cashew Products • Senesel • Xuzhou Zhongyan Technology • Wansheng • GHW International | |
| Plant capacity: Cardanol:24 MT Per Day | Plant & machinery: 152 Lakhs |
| Working capital: - | T.C.I: Cost of Project: 658 Lakhs |
| Return: 28.00% | Break even: 60.00% |
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