A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Copper
Sulfate Market.
The study, titled “Copper
Sulfate Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Copper
sulfate, also known as cupric sulfate is a chemical compound having
the formula CuSO4. It is the most popular and widely used copper
salt. The anhydrous form of CuSO4 is pale green powder whereas the
hydrated copper sulfate is bright blue in color. Copper sulfate is
widely used in the agricultural industry primarily as fungicides.
Apart from the agricultural industry, it is also used in chemical
industry as a source of copper, as a catalyst and for purification of
gases. Copper sulfate is used as an adhesive in the production of
paints and glues. In the metal and electrical industry, copper
sulfate is the most preferred electrolyte for applications such as
refining, electro-plating, and also used in the development of
batteries. In the leather and textile industry it is used as an
important reagent/catalyst in tanning process. Copper sulfate is used
as a raw material for preparation of anti fouling paints.
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Market Research Report @
The
agricultural industry accounts for more than half of the copper
sulfate consumption globally. In the agro industry copper sulfate is
primarily used as herbicide, fungicides and pesticides. Copper
sulfate penta-hydrate is a fungicide. However it is mixed with lime
to prepare Bordeaux and Burgundy mixtures which are more effective
fungicides. Paris gas, manufactured from copper sulfate, is an
insecticide. It is used as a raw material for the production of
Chromated copper arsenate which is a widely used wood preservative.
It provides wood with insecticidal, fungicidal and UV light
reflecting characteristics. Another important application of copper
sulfate is as an analytical reagent, which is further used for the
preparation of several reagents such as Fehling’s solution,
Benedict’s solution and Biuret reagent. Demand for copper sulfate
as an additive in animal feed is also increasing as the copper is
very essential for proper body functioning. However, copper sulfate
is moderately toxic when exposed for a longer period of time. As
majority of the copper sulfate is produced from scrap copper, it
contains toxins. Toxins such as Dioxin are no longer preferred by
most of the consumer countries.
Increasing
number of agricultural activities in the Asia-Pacific region has
fueled the demand for agro chemicals such as herbicides and
insecticides. Owing to this demand for copper sulfate in countries
such as China and India has subsequently increased. . Demand for the
chemical compound is also expected to rise in North America as the
agricultural production in U.S. and Canada is also very high. The
production of copper sulfate was significant in Europe until
recently. Most of the European countries are now importing copper
sulfate in large quantities from the third world countries like
Ukraine, Macedonia, Serbia, Uzbekistan, Russia and China. Most of the
Europe’s surviving producers are based in Italy, Spain and France.
Russia and most of the former Soviet Union countries are the nations
dominating copper sulfate manufacture as majority of the copper mines
are located in the Eurasian region. In other countries such as
Brazil, Peru, Chile, and Columbia, demand for feed-grade copper
sulfate is also increasing due to growth in the animal feed industry.
Copper
sulfate is a very important chemical having a broad spectrum of
applications. The demand of this chemical is predicted to increase
subsequently over the fore-cast period. Some of the leading
producers of copper sulfate are WEGO Chemical & Mineral Corp.,
Allan Chemical Corporation, NOAH Technologies Corporation, and
ATOTECH.
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accurate market forecast and analysis on the Copper Sulfate market.
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The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
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