Copper Sulfate Market

Copper Sulfate Market - Global Industry
Insights, Trends, Outlook, and
Opportunity Analysis, 2016–2024
Copper sulfate, denoted by the chemical composition CuSO​4​, is derived as a result of
the chemical reaction when copper is treated with concentrated sulfuric acid. Copper
sulfate is also known as cupric sulfate and is available in two forms namely hydrous
copper sulfate and anhydrous copper sulfate. Copper sulfate market is witnessing an
ever increasing growth in demand owing to its significant application in agricultural
industry as an efficient fungicide. Apart from agricultural industry, copper sulfate is also
used in the chemicals industry as a component for preparation of catalysts used in
various chemical processes, of purification of gases such as removal of hydrogen
chloride and hydrogen sulfide. It is also used as a source of copper. Copper sulfate is a
versatile chemical compound that has an extensive range of applications in various
industries such as chemicals, leather, and electrical. Copper sulfate finds major
application in industrial processes such as electroplating, dyeing mordant, tanning
processes, and preparation of anti-fouling paints. Copper sulfate is set to witness
escalating demand in niche applications such as analytical reagent, medical uses and
organic synthesis. Owing to increasing demand for copper sulfate as an additive in
animal feedstock and the application of copper sulfate as an analytical reagent for the
preparation of several other types of reagents such as Biuret reagent and Benedict’
solution, the copper sulfate market is positioned on a high growth trajectory over the
near future.
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The agricultural industry is a major end user of copper sulfate market. Demand for
copper sulfate is expected to increase significantly in this industry, owing to its
increasing use in production of herbicides, fungicides, pesticides, and fertilizers in
animal feedstock sulfate. Other applications of copper sulfate contribute fairly to the
increasing demand for copper sulfate industry such as, copper sulfate adhesives that
are used in production of paints and glues. Copper sulfate witnesses an increasing
demand sulfates an additive in binding pastes and glues for books in order to protect
them from book bugs. This highly versatile compound also finds wide application in the
construction industry, sulfate where it is used as an additive in concrete to offer
disinfectant and water resistance qualities. Increasing usage of copper sulfate in
fireworks, artworks as a coloring agent, printing ink, and hair dye, among other
applications is expected to lead to a significant surge in growth of the copper sulfate
market.
Market Outlook – Rapidly growing agricultural activities is expected to fuel the
demand for Copper Sulfate market
Asia-Pacific region is a region characterized by a burgeoning agricultural industry that is
witnessing significant growth to keep pace with the population explosion in the region.
This creates a highly conducive growth environment for copper sulfate, which is used in
agricultural chemicals including fungicides, herbicides, and insecticides. Growth of the
agricultural sector in developed regions of North America and Europe are also expected
to position these as lucrative market for producers of copper sulfate, especially in
sulfate in U.S. and Canada. The production of copper sulfate is increasing in Europe
due to the increasing usage of copper sulfate additive in animal feedstock.
Leading producers of copper sulfate include ATOTECH, Allan Chemical Corporation,
WEGO Chemical & Mineral Corp., and NOAH Technologies Corporation.
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