Global Copper Sulphate (Cas 7758-98-7) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Copper Sulphate (Cas 7758-98-7) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Copper sulfate is an inorganic compound that combines sulfur with copper. It can kill bacteria, algae, roots, plants, snails, and fungi. The toxicity of copper sulfate depends on the copper content. Copper is an essential mineral. It can be found in the environment, foods, and water. Copper sulfate has been registered for use in pesticide products in the United States since 1956.

Market Overview:

The latest research study on the global Copper Sulphate (Cas 7758-98-7) market finds that the global Copper Sulphate (Cas 7758-98-7) market reached a value of USD 755.28 million in 2022. It’s expected that the market will achieve USD 907.1 million by 2028, exhibiting a CAGR of 3.1% during the forecast period.

Drivers

One of the major factors which is driving the growth of the market is the increasing use of copper sulphate in the chemical industry for the purification of glass as well as in the form of a catalyst and as a source of copper.

Copper sulphate is a preferred electrolyte for the purpose of various applications such as electro-plating, refining and development of batteries. This is further contributing towards the augmented demand for copper sulphate across the globe.

Limitations

There has been an increase in the usage of copper sulphate in agricultural manufacturing. It is utilized in the several forms which include herbicide, insecticide and fungicide. This is another factor which is positively influencing the growth of the market.

Owing to the presence of dioxin in copper sulphate, it becomes toxic if exposed for a longer period of time. This is one of the primary obstacles which is hindering the growth of the global copper sulphate market.

Region Overview:

China had the highest growth rate of all regions.

Company Overview:

XinTai Copper Industrial Co.,LTD is one of the major players operating in the Copper Sulphate (Cas 7758-98-7) market, holding a share of 8.96% in 2017.

Ural Mining and Metallurgical Company, through its subsidiaries, operates in mining, non-ferrous metallurgy, metal-working, and automotive industries in the Russian Federation and internationally.

XinTai Copper Industrial Co.,LTD

The Company's line of business includes the smelting of copper from ore and refining copper by electrolytic or other processes.

Segmentation Overview:

By type, Agricultural Grade segment accounted for the largest share of market in 2021.

Application Overview:

By application, the Fungicide segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Copper Sulphate (Cas 7758-98-7) market covered in Chapter 3:

Cuprichem Limited
Anhui Tongling Jinhao
Yunnan Copper Company Ltd.
Jinchuan Group
JX Nippon Mining & Metals
XinTai Copper Industrial Co.,LTD
Old Bridge Chemicals Inc.
Lustros Inc
Manica
UMMC
IQV
Boliden
Kimleigh Chemicals
Freeport-McMoRan
NEKK Industrial Group
KGHM

In Chapter 4 and Chapter 14.2, on the basis of types, the Copper Sulphate (Cas 7758-98-7) market from 2018 to 2029 is primarily split into:

Industrial Grade
Agricultural Grade

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Copper Sulphate (Cas 7758-98-7) market from 2018 to 2029 covers:

Fungicide
Animal Nutrient
Electroplate
Mining
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)