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Copper Oxychloride Market Analysis

Report ID: GMI779
Published Date: Sep 2016
Report Format: PDF

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Copper Oxychloride Market Analysis

Copper oxychloride market share for fungicides is forecast to experience highest growth at over 4%. It is used as agricultural fungicide to manufacture of crop protection chemicals. These are highly efficient fungicide for potatoes, tomatoes, stone fruit, grapes, celery, citrus, carnations, avocados and coffee.

Colorants & pigments generated revenue more than 5 million in 2015. Copper oxychloride is used to manufacture colorants and pigments for ceramics and glass. As a coloring agent, it is used in wall paintings, illuminations and manuscripts.

Copper Oxychloride Market by Application

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North America, particularly led by the U.S. oxychloride market size was valued at over USD 55 million in 2015. Increasing food demand in the U.S. will boost agrochemicals use for crop production. This ultimately should increase the copper oxychloride market sales over the forecast timeframe.

Asia Pacific is projected to expand at over 4% CAGR through 2024. The regional growth is mainly propelled by improving consumer food habits, resulting in escalating fruits & vegetables demand, along with rapidly decreasing arable land due to robust industrialization, mainly in China and India.

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

The global copper oxychloride industry revenue was more than USD 230 million in 2015 and is projected to witness over 4% growth through 2024.

The global copper oxychloride industry share for fungicides is projected to witness the highest growth at over 4%, through the forecast duration.

The North American copper oxychloride market share especially led by the U.S. valued at over USD 55 million in 2015. The rising demand for food in the US will propel the agrochemical usage for crop production.

Over one-third of the fungicides produced worldwide are used in fruits and vegetables, boosting the global copper oxychloride industry share through 2024.