Transparency Market Research has published a new
report titled “Copper Oxychloride Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast, 2016 - 2024.”
According to the report, the global copper oxychloride market was
valued at US$231.8 mn in 2015 and is anticipated to reach US$333.5 mn
in 2024, expanding at a CAGR of 4.2% between 2016 and 2024.
Copper oxychloride, also known as tribasic copper
chloride (TBCC), is widely used in fungicide. It competes with
numerous copper compounds for different applications. Increasing
demand for copper oxychloride in the agriculture industry for usage
as fungicide is the major factor driving the global copper
oxychloride market.
Browse Market Research Report @
Fruits and vegetable crops are the major consumers of
fungicides. Various generic as well as specific fungicides have been
developed for applications in fruits and vegetable crops. Copper
oxychloride is employed in the manufacture of commercial feed
supplements. It is used in feed formulations for most animal species.
Additionally copper oxychloride is employed in the manufacture of
colorants and pigments for ceramics and glasses.
Market dynamics of copper oxychloride are highly
region oriented and exhibit distinctive trends in different regions.
In terms of region, Asia Pacific held the largest share of the global
copper oxychloride market in 2015. Currently, China dominates the
copper oxychloride market in Asia Pacific. In terms of volume, Asia
Pacific accounted for more than 30% share of the global copper
oxychloride market in 2015. Demand for copper oxychloride in the
region is expected to rise owing to the increasing usage of
fungicides for crop protection since the last few years. Countries
such as India, Bangladesh, and those in Southeast Asia have been
experiencing strong demand for fungicides since the last few years.
Europe held the second largest share, while North
America constituted the third largest share of the global copper
oxychloride market in 2015. The copper oxychloride market in Europe
and North America is likely to experience sluggish growth during the
forecast period owing to the slow economic growth in these regions.
This, in turn, is estimated to hamper the demand for copper
oxychloride in these regions. Availability of various substitutes for
different applications is likely to adversely affect the copper
oxychloride market in the region.
Fill the form for an exclusive sample of this
report @
The increasing usage of crop protection chemicals in
Latin America is projected to boost the demand for copper oxychloride
during the forecast period. The region is anticipated to expand at a
fastest CAGR during the forecast period.Key players operating in the
copper oxychloride market include Albaugh, LLC, Biota Agro Solutions
Private Limited, IQV, Isagro S.p.A., Killicks Pharma, Manica S.p.A.,
SPIESS-URANIA, Syngenta, and Vimal Crop Care Pvt. Ltd.
The report segments the global copper oxychloride
market as follows:
Copper Oxychloride Market - Application Analysis
- Fungicide
- Colorants & Pigments
- Commercial Feed Supplement
- Others (Including pyrotechnics and catalyst)
Copper Oxychloride Market - Regional Analysis
North America
- U.S.
- Rest of North America
Europe
- Germany
- Italy
- France
- U.K.
- Russia
- Rest of Europe
About
Us
Transparency Market Research (TMR) is a global market intelligence
company providing business information reports and services. The
company’s exclusive blend of quantitative forecasting and trend
analysis provides forward-looking insight for thousands of decision
makers. TMR’s experienced team of analysts, researchers, and
consultants use proprietary data sources and various tools and
techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team
of research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities,
Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
Contact Us
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
No comments:
Post a Comment