The Cashew Nut Shell Liquid (CNSL) can be considered as a versatile raw material with wide applications in the form of surface coatings, paints and varnishes, as well as the production of polymers. Within this context, the chemical constituents of CNSL (anarcadic acid, cardanol, 2-cardol and methylcardol) become promising in the development of new materials components. Once separated, CNSL can be used in the research and development of additives, surfactants, pharmaceuticals, pesticides, polymers, resins and others. Being a byproduct, CNSL used in the preparation of new materials is characterized as a truly technological innovation.