The cardanol industry has huge development potential. Wansheng Co., Ltd. is one of the major domestic suppliers.

Cardanol is a long-chain hydrocarbon-based natural phenolic substance refined through advanced technology using natural cashew nut shell oil as raw material. Due to its unique molecular structure, cardanol not only has the characteristics of aromatic compounds and aliphatic compounds, but also has the properties of phenolic compounds. Cardanol is a green and environmentally friendly industrial raw material that can replace or partially replace phenol in the production of epoxy curing agents, thermosetting phenolic resins, etc. In recent years, as environmental protection supervision has become increasingly strict, the market attention of cardanol has increased.

With the advantages of abundant raw materials, low price, excellent performance, environmental protection and renewable nature, cardanol is increasingly used in coatings, adhesives, rubber, pesticides, copper-clad laminates, surfactants and other fields. In recent years, with the growth of my country’s economy, the domestic market demand for cardanol has been increasing. Since domestic production capacity is insufficient to meet the growing market demand, my country still needs to import cardanol from overseas regions such as Vietnam, Indonesia, Brazil, and India.

According to the “2021-2026 China Cardanol Industry Market In-depth Research and Development Prospects Forecast Report released by the Industrial Research Center, cashew nuts Phenol has a wide range of applications. In recent years, with the continuous release of market demand, my country has gradually become one of the major cardanol consumer markets in the world. In the domestic market, the main cardanol manufacturers include Wansheng Co., Ltd., Shandong Haobo Biotechnology, Anhui Meidong Biotechnology, Nanjing Jinhaiwei New Materials, Shandong Laiwu Runda New Materials, etc.

Wansheng Co., Ltd. is one of the major suppliers of cardanol and cardanol curing agents and diluents in my country. At present, Wansheng Co., Ltd. has a production capacity of more than 20,000 tons of cardanol and more than 20,000 tons of cardanol curing agents and diluents. Currently, Wansheng Co., Ltd. The cardanol series product project is mainly located in Duqiao Medical and Chemical Park, Linhai City, Zhejiang Province. In order to develop the cardanol business, Wansheng Co., Ltd. established a R&D center in Shanghai in 2019 to focus on the research and application of biomass cardanol series products. As the company’s business capabilities improve, Wansheng Co., Ltd. is expected to become a major global supplier of cardanol series products.

Against the background of increasingly stringent environmental protection supervision, the cardanol industry has huge development potential. However, at present, the development of the cardanol market still suffers from problems such as insufficient supervision, uneven products, imperfect standard systems, and disordered competition. October 20, 2021 On the same day, the China Petroleum & Chemical Industry Federation officially approved the release of the group standard for “Crude Cardanol”, which will be implemented on January 21, 2022. The introduction of this standard is expected to bring a better development environment for the cardanol industry.

According to different product purity, cardanol can be divided into crude cardanol, refined first-grade cardanol and refined special-grade cardanol. Industry analysts said that cardanol is a green and environmentally friendly industrial raw material. In recent years, with the continuous growth of my country’s economy, the Chinese market has The demand for cardanol continues to be released. Driven by increasingly strict environmental protection supervision and the active layout of related companies, the cardanol industry has huge development potential in the future.