Copper Oxychloride Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

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Copper Oxychloride Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

Status : October, 2020 | Chemical & Materials | PPT format

Report Digest


Global Copper Oxychloride Market: Snapshot

Copper oxychloride, scientifically named as dicopper chloride trihydroxide are used as fungicide on several crops such as cotton, cardamom, tea, coffee, orange, and rubber. Copper oxychloride forms a barrier on the plants protecting them from fungi and prevents fungi from entering the plant host. It is produced using copper in the oxidation of Nacl – Cucl solution. Copper oxychloride exists in various forms and can be prepared by several procedures. It is also used as a green or blue coloring agent in pyrotechnics and as a catalyst for various reactions such as production of vinyl chloride.

Farmers in developing countries are unaware of the various types of fungicides available in the market. Hence governments are taking initiatives to educate farmers about the use and benefits of fungicides such as copper oxychloride. Moreover, development of agriculture sector and technological advancements are contributing towards growth of the global copper oxychloride market. Copper oxychloride with low ph is used for tea, whereas higher ph values are used as fungicides to protect other types of crops. Initially used as a substitute for Bordeaux mixture, copper oxychloride is used for soil drenching applications too. Copper oxychloride is also used for manufacturing of Copper Hydroxide.

Currently, North America leads the global market for copper oxychloride. However, in the coming years, Asia Pacific is expected to contribute a significant share to the global market. The increasing demand for food products and the demand for advanced farming applications are expected to drive the global market of copper oxychloride in the future.

Currently research is carried out on magnetic interactions and structural distortion in the layered copper oxychloride, microbial community’s response to copper oxychloride in acidic sandy loam soil, response of the microbial community to copper oxychloride in acidic sandy loam soil, and effect of fungicides on seed borne pathogens of groundnut, which are expected to discover new applications of copper oxychloride.

Global Copper Oxychloride Market: Overview

The global copper oxychloride market is growing at a significant pace, owing to the rising demand from the agriculture sector. Copper oxychloride is used widely as fungicide on several crops, including rubber, orange, coffee, tea, cardamom, and cotton. In addition, it is also used for a large number of fruits and vegetables. The increasing number of advancements and innovations in order to enhance the production using copper oxychloride is anticipated to supplement the growth of the overall market throughout the forecast period.

Global Copper Oxychloride Market: Key Trends

The growing demand for yield-improving agrochemicals, owing to the rising food requirement is one of the major factors anticipated to augment the growth of the global copper oxychloride market in the next few years. In addition, the rising demand for an excellent quality of fungicides and good-quality fruits and vegetables is estimated to supplement the growth of the overall market in the coming years. On the flip side, the easy availability of substitute products is likely to restrict the growth of the overall market in the forecast period. Nonetheless, the favorable government initiatives are likely to offer promising growth opportunities for market players.

Global Copper Oxychloride Market: Market Potential

The lack of awareness among farmers regarding the availability different types of fungicides, especially in developing economies is anticipated to curtail the growth of the copper oxychloride market in the near future. However, the rising number of initiatives by government bodies and market players to create an awareness is predicted to boost the demand for copper oxychloride across the globe. Advancements in technology and the development of the agricultural sector to contribute towards the development of the market in the near future. In addition, the rising number of applications of copper oxychloride in several industries is estimated to encourage the growth of the overall market throughout the forecast period.

Global Copper Oxychloride Market: Regional Outlook

From a geographical point of view, the North America market for copper oxychloride is estimated to lead the global market and register a significant growth in the coming years. A substantial contribution from the U.S. is one of the key factors predicted to enhance the growth of the North America market in the next few years. Tremendously rising food demand is expected to result in the rising need to increase food production. This is projected to accelerate the growth of this region in the forecast period.

On the other hand, Asia Pacific is likely to experience a strong growth in the coming years. The robust rate of industrialization, improving food habits, and the rising demand for fruits and vegetables are estimated to supplement the growth of the Asia Pacific copper oxychloride market in the forecast period.

Global Copper Oxychloride Market: Competitive Analysis

As per the research report, the global market for copper oxychloride is moderately consolidated in nature with three prominent players holding a massive share of the global market. In order to maintain their leading position, these players are entering into long-term agreements with several raw material manufacturers across the globe. Moreover, the rising focus on the expansion of the application base is estimated to benefit the key players operating in the global market in the next few years.

Some of the key players operating in the copper oxychloride market across the globe are Vimal Crop Care Pvt. Ltd., Biota Agro Solutions Private Limited, IQV, Killicks Pharma, Syngenta, Manica S.p.A., Albaugh, LLC., Greenriver Industry Co., Ltd., Isagro S.p.A., and Spiess-Urania. Detailed profiles of these players have been provided in the scope of the research report, along with the business strategies adopted by them.

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?