According to IMARC Group’s latest report, titled “Copper Sulphate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global copper sulphate market reached a volume of 409.8 Kilo Tons in 2021. Copper sulphate is an inorganic compound that is commonly utilized as herbicides, fungicides, and antimicrobial agents in agricultural and non-agricultural settings. Generally characterized by a green or blue color, it is also extensively used as an anti-fouling agent in the production of paints and coatings. Apart from this, it is utilized across chemical, mining and metallurgy industries due to its excellent thermal and electrical conductivity.
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The global market is primarily driven by the increasing product utilization to prevent the growth of bacteria and fungus on crops. Along with this, the rising adoption of copper sulphate in the production of disinfectants, sterilizers, and fertilizers is creating a positive outlook for the market. Moreover, the widespread usage of the product to manufacture veterinary medicines and footbaths for cattle is also positively influencing the market growth. Other factors, including significant growth in the chemicals sector and extensive research and development (R&D) activities conducted by key players, are also contributing to the market growth. Looking forward, IMARC Group expects the copper sulphate market to reach 496.2 Kilo Tons by 2027, exhibiting a CAGR of 3.07% during 2022-2027.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market by End-Use:
- Mining and Metallurgy
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, 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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