Cashew Nutshell Liquid Market Introduction Cashew nutshell liquid (CNSL) is a naturally occurring phenolic resin extracted from the shells of cashew nuts. Known for its antioxidant, anticorrosive, and adhesive properties, CNSL is widely used in coatings, brake linings, friction materials, and laminates. With growing demand for bio-based and sustainable chemicals, the cashew nutshell liquid...