The latest report published by IMARC Group, titled“Copper Sulphate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the copper sulphate market share. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global copper sulphate market size reached 409.8 Kilo Tons in 2021. Looking forward, IMARC Group expects the market to reach 496.2 Kilo Tons by 2027, exhibiting a CAGR of 3.07% during 2022-2027.
Industry Overview and Application:
Copper sulphate (CuSO₄) is an inorganic compound that naturally occurs in the chalcocyanite mineral. It is a non-toxic, bright blue or green colored crystal that is utilized in a wide range of applications. Copper sulphate is commonly produced by combining copper or its oxides with diluted or hot concentrated sulfuric acid. It can also be obtained using specific bacteria through the slow leaching process of low-grade copper ore in the air. Copper sulphate exothermically dissolves in water, is highly miscible, and offers low dosage and high purity, which is why it is largely used to manufacture fungicides and paints to mitigate the occurrences of algae, bacteria, and fungi.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Copper Sulphate Market Trends:
The rising demand for copper sulphate in the agriculture industry for maintaining copper deficiency in soils and controlling fungal diseases represents one of the primary factors driving the global market growth. Besides this, the increasing application of copper sulphate in the pharmaceutical sector to produce antiseptics and the surging product demand in electrical components for dyeing and electroplating are boosting the market growth. Moreover, increasing mining activities across the globe and the rising application of copper sulphate in animal feed are creating a positive outlook for the market. Furthermore, the increasing demand for eco-friendly chemical compounds with enhanced solubility in the chemical, adhesive, and textile industries is acting as another growth-inducing factor.
Copper Sulphate Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the copper sulphate market has also been analyzed in the report.
Key Market Segmentation:
The report has segmented the copper sulphate market on the basis of end-use and region.
Breakup by End-Use:
- Farming
- Animal husbandry
- Healthcare
- Industrial
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others)
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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