The global copper oxychloride market was valued at US$ 313.4 million in 2021 and is expected to reach US$ 448.6 million by 2030, expanding at a CAGR of 4.4% from 2022 to 2030. Copper oxychloride, which is also known as basic cupric chloride, having chemical formula CuCl23Cu(OH)2is found in natural minerals and also produced synthetically. On the basis of applications, global copper oxychloride is segmented into fungicide, colorants and pigments, commercial feed supplement and others (reagent, catalyst, etc.). Copper oxychloride consumption has gradually increased in the market due to increasing agricultural activities demanding of fungicides.According to industry expertsfungicidewhich accounted for larger share of global copper oxychloridemarket will remain the key driver for copper oxychloridemarket.
On the basis of regional distribution, global copper oxychloride market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In 2015, Asia Pacific accounted as the largest and fastest growing regional market for copper oxychloride and is expected to retain its dominance during the forecast period. Increasing agricultural production to meet the demand from rising population in the region and growing awareness about new technologies and products are the factors responsible for growth in demand for copper oxychloride in Asia Pacific. Europe accounted as the second largest market for copper oxychloride and is expected undergo perpetual growth in the near future. Other regions such as North America, Latin America and Middle East & Africa are also expected experience boost in demand for copper oxychloride in the market during the forecast period from 2022 to 2030.
Global copper oxychloride market revenue is expected to grow at rate of 4.4% over the forecast period 2022-2030. Copper oxychloride, which is also known as tribasic copper chloride (TBCC), is broadly used in fungicides. Fungicides accounted for more than 92.8% share of the market in terms of volume and revenue and projected to maintain its dominance during the forecast period. Rising demand for copper oxychloride in the agriculture industry for usage as fungicide is the major factor driving the global market growth. Fruits and vegetable crops are the major consumers of fungicides. Furthermore, rising demand for high yielding crops in confined arable land will propel the market growth. Commercial feed supplement segment accounted for the second largest share of the market in terms of revenue in 2020. It is used in feed formulations for most animal species. It is used to satisfy the minimal nutritional requirements of broilers, turkeys, pigs and cows among others.
The global copper oxychloride market is segmented by geography into North America, Europe, Asia Pacific, and Rest of the World regions. In 2020, Asia Pacific accounted for 31.44% share of the global market in terms of revenue. It is projected to maintain its dominance during the forecast period on account of rising usage of fungicides for crop protection. Furthermore, improving consumer food habits, rising population coupled with corresponding demand for food is projected to propel the market growth over the forecast period. China accounts for the major share of the market in Asia Pacific region. Rest of the world regions, especially countries in Latin America are projected to witness significant demand for copper oxychloride during the forecast period owing to the increasing usage of agrochemical products and higher usage of fungicide for crop protection. North America accounted as the third largest market for copper oxychloride in 2020. The region accounted for 23.14% share of global copper oxychloride market in the same year.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
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On the basis of regional distribution, global copper oxychloride market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In 2015, Asia Pacific accounted as the largest and fastest growing regional market for copper oxychloride and is expected to retain its dominance during the forecast period. Increasing agricultural production to meet the demand from rising population in the region and growing awareness about new technologies and products are the factors responsible for growth in demand for copper oxychloride in Asia Pacific. Europe accounted as the second largest market for copper oxychloride and is expected undergo perpetual growth in the near future. Other regions such as North America, Latin America and Middle East & Africa are also expected experience boost in demand for copper oxychloride in the market during the forecast period from 2022 to 2030.
Purpose of the Report
The purpose of this strategic research study is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global copper oxychloride market.Target Audience
- Industry Investors
- Procurement Managers from End User Companies
- Copper Oxychloride Manufacturers
- Distributors
USP and Key Offerings
The report offers strategic insights into the global copper oxychloride market along with the market size and estimates for the duration 2020 to 2030. The said research study covers in-depth analysis of multiple market segments based onapplications, study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading copper oxychloride vendors, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:- Current and future market trends to justify the forthcoming attractive markets within copper oxychloride
- Market fuelers, market impediments, and their impact on the market growth
- In-depth competitive environment analysis
- Trailing 2-Year market size data (2020-2021)
- SRC (Segment-Region-Country) Analysis
Global copper oxychloride market revenue is expected to grow at rate of 4.4% over the forecast period 2022-2030. Copper oxychloride, which is also known as tribasic copper chloride (TBCC), is broadly used in fungicides. Fungicides accounted for more than 92.8% share of the market in terms of volume and revenue and projected to maintain its dominance during the forecast period. Rising demand for copper oxychloride in the agriculture industry for usage as fungicide is the major factor driving the global market growth. Fruits and vegetable crops are the major consumers of fungicides. Furthermore, rising demand for high yielding crops in confined arable land will propel the market growth. Commercial feed supplement segment accounted for the second largest share of the market in terms of revenue in 2020. It is used in feed formulations for most animal species. It is used to satisfy the minimal nutritional requirements of broilers, turkeys, pigs and cows among others.
The global copper oxychloride market is segmented by geography into North America, Europe, Asia Pacific, and Rest of the World regions. In 2020, Asia Pacific accounted for 31.44% share of the global market in terms of revenue. It is projected to maintain its dominance during the forecast period on account of rising usage of fungicides for crop protection. Furthermore, improving consumer food habits, rising population coupled with corresponding demand for food is projected to propel the market growth over the forecast period. China accounts for the major share of the market in Asia Pacific region. Rest of the world regions, especially countries in Latin America are projected to witness significant demand for copper oxychloride during the forecast period owing to the increasing usage of agrochemical products and higher usage of fungicide for crop protection. North America accounted as the third largest market for copper oxychloride in 2020. The region accounted for 23.14% share of global copper oxychloride market in the same year.
Historical & Forecast Period
This report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Copper Oxychloride market are as follows:- Research and development budgets of manufacturers and government spending.
- Revenues of key companies in the market segment.
- Number of end users and consumption volume, price and value.
- Geographical revenues generated by countries considered in the report.
- Micro and macro environment factors that are currently influencing the Copper Oxychloride market and their expected impact during the forecast period.
- The market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
Market Segmentation
Application
- Fungicide
- Colorants and Pigments
- Commercial Feed Supplement
- Others (Reagent, Catalyst, etc.)
Key questions answered in this report
- What are the key micro and macro environmental factors that are impacting the growth of Copper Oxychloride market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2030.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Copper Oxychloride market?
- Which is the largest regional market for Copper Oxychloride market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Copper Oxychloride market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Copper Oxychloride market worldwide?
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Table of Contents
1. Preface1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted
2. Executive Summary
2.1. Market Snapshot: Global Copper Oxychloride Market
2.2. Global Copper Oxychloride Market, by Application, 2021 (US$ Million)
2.3. Global Copper Oxychloride Market, by Geography, 2021 (US$ Million)
2.4. Impact of COVID-19
2.5. Attractive Investment Proposition by Geography, 2021
2.6. Competitive Analysis
2.6.1. Market Positioning of Key Copper Oxychloride Market Vendors
2.6.2. Strategies Adopted by Copper Oxychloride Market Vendors
2.6.3. Key Industry Strategies
3. Copper Oxychloride Market: Business Outlook & Market Dynamics
3.1. Introduction
3.2. Global Copper Oxychloride Market Value, 2020-2030, (US$ Million)
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Restraints
3.3.3. Key Challenges
3.3.4. Key Opportunities
3.4. Impact Analysis of Drivers and Restraints
3.5. See-Saw Analysis
3.6. Porter’s Five Force Model
3.6.1. Supplier Power
3.6.2. Buyer Power
3.6.3. Threat of Substitutes
3.6.4. Threat of New Entrants
3.6.5. Competitive Rivalry
3.7. PESTEL Analysis
3.7.1. Political Landscape
3.7.2. Economic Landscape
3.7.3. Technology Landscape
3.7.4. Legal Landscape
3.7.5. Social Landscape
4. Copper Oxychloride Market: by Application, 2020-2030, USD (Million)
4.1. Market Overview
4.2. Growth & Revenue Analysis: 2021 Versus 2030
4.3. Market Segmentation
4.3.1. Fungicide
4.3.2. Colorants and Pigments
4.3.3. Commercial Feed Supplement
4.3.4. Others (Reagent, Catalyst, etc.)
5. North America Copper Oxychloride Market, 2020-2030, USD (Million)
5.1. Market Overview
5.2. Copper Oxychloride Market: by Application, 2020-2030, USD (Million)
5.3. Copper Oxychloride Market: by Region, 2020-2030, USD (Million)
5.3.1. North America
5.3.1.1. U.S.
5.3.1.2. Canada
5.3.1.3. Rest of North America
6. UK and European Union Copper Oxychloride Market, 2020-2030, USD (Million)
6.1. Market Overview
6.2. Copper Oxychloride Market: by Application, 2020-2030, USD (Million)
6.3. Copper Oxychloride Market: by Region, 2020-2030, USD (Million)
6.3.1. UK and European Union
6.3.1.1. UK
6.3.1.2. Germany
6.3.1.3. Spain
6.3.1.4. Italy
6.3.1.5. France
6.3.1.6. Rest of Europe
7. Asia Pacific Copper Oxychloride Market, 2020-2030, USD (Million)
7.1. Market Overview
7.2. Copper Oxychloride Market: by Application, 2020-2030, USD (Million)
7.3. Copper Oxychloride Market: by Region, 2020-2030, USD (Million)
7.3.1. Asia Pacific
7.3.1.1. China
7.3.1.2. Japan
7.3.1.3. India
7.3.1.4. Australia
7.3.1.5. South Korea
7.3.1.6. Rest of Asia Pacific
8. Latin America Copper Oxychloride Market, 2020-2030, USD (Million)
8.1. Market Overview
8.2. Copper Oxychloride Market: by Application, 2020-2030, USD (Million)
8.3. Copper Oxychloride Market: by Region, 2020-2030, USD (Million)
8.3.1. Latin America
8.3.1.1. Brazil
8.3.1.2. Mexico
8.3.1.3. Rest of Latin America
9. Middle East and Africa Copper Oxychloride Market, 2020-2030, USD (Million)
9.1. Market Overview
9.2. Copper Oxychloride Market: by Application, 2020-2030, USD (Million)
9.3. Copper Oxychloride Market: by Region, 2020-2030, USD (Million)
9.3.1. Middle East and Africa
9.3.1.1. GCC
9.3.1.2. Africa
9.3.1.3. Rest of Middle East and Africa
10. Company Profiles
10.1. Biota Agro Solutions Private Limited
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Product Portfolio
10.1.4. Strategic Initiatives
10.2. IQV
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Product Portfolio
10.2.4. Strategic Initiatives
10.3. Isagro S.p.A.
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Product Portfolio
10.3.4. Strategic Initiatives
10.4. Killicks Pharma
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Product Portfolio
10.4.4. Strategic Initiatives
10.5. Manica S.p.A.
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Product Portfolio
10.5.4. Strategic Initiatives
10.6. Albaugh LLC
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Product Portfolio
10.6.4. Strategic Initiatives
10.7. Spiess-Urania Chemicals GmbH
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Product Portfolio
10.7.4. Strategic Initiatives
10.8. Killicks Pharma
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Product Portfolio
10.8.4. Strategic Initiatives
10.9. Syngenta International AG
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Product Portfolio
10.9.4. Strategic Initiatives
10.10. Vimal Crop Care Pvt. Ltd.
10.10.1. Company Overview
10.10.2. Financial Performance
10.10.3. Product Portfolio
10.10.4. Strategic InitiativesList of Figures
Figure 1. Global Copper Oxychloride Market: Market Coverage
Figure 2. Research Methodology and Data Sources
Figure 3. Market Size Estimation - Top Down & Bottom-Up Approach
Figure 4. Global Copper Oxychloride Market: Quality Assurance
Figure 5. Global Copper Oxychloride Market, By Application, 2021
Figure 6. Global Copper Oxychloride Market, By Geography, 2021
Figure 7. Global Copper Oxychloride Market, By Application, 2021 vs 2030, %
Figure 8. U.S. Copper Oxychloride Market (US$ Million), 2020-2030
Figure 9. Canada Copper Oxychloride Market (US$ Million), 2020-2030
Figure 10. Rest of North America Copper Oxychloride Market (US$ Million), 2020-2030
Figure 11. UK Copper Oxychloride Market (US$ Million), 2020-2030
Figure 12. Germany Copper Oxychloride Market (US$ Million), 2020-2030
Figure 13. Spain Copper Oxychloride Market (US$ Million), 2020-2030
Figure 14. Italy Copper Oxychloride Market (US$ Million), 2020-2030
Figure 15. France Copper Oxychloride Market (US$ Million), 2020-2030
Figure 16. Rest of Europe Copper Oxychloride Market (US$ Million), 2020-2030
Figure 17. China Copper Oxychloride Market (US$ Million), 2020-2030
Figure 18. Japan Copper Oxychloride Market (US$ Million), 2020-2030
Figure 19. India Copper Oxychloride Market (US$ Million), 2020-2030
Figure 20. Australia Copper Oxychloride Market (US$ Million), 2020-2030
Figure 21. South Korea Copper Oxychloride Market (US$ Million), 2020-2030
Figure 22. Rest of Asia Copper Oxychloride Market (US$ Million), 2020-2030
Figure 23. Brazil Copper Oxychloride Market (US$ Million), 2020-2030
Figure 24. Mexico Copper Oxychloride Market (US$ Million), 2020-2030
Figure 25. Rest of Latin America Copper Oxychloride Market (US$ Million), 2020-2030
Figure 26. GCC Copper Oxychloride Market (US$ Million), 2020-2030
Figure 27. Africa Copper Oxychloride Market (US$ Million), 2020-2030
Figure 28. Rest of Middle East and Africa Copper Oxychloride Market (US$ Million), 2020-2030List of Tables
Table 1 Global Copper Oxychloride Market by Application, 2020-2030, USD (Million)
Table 2 North America Copper Oxychloride Market by Application, 2020-2030, USD (Million)
Table 3 UK and European Union Copper Oxychloride Market by Application, 2020-2030, USD (Million)
Table 4 Asia Pacific Copper Oxychloride Market by Application, 2020-2030, USD (Million)
Table 5 Latin America Copper Oxychloride Market by Application, 2020-2030, USD (Million)
Table 6 Middle East and Africa Copper Oxychloride Market by Application, 2020-2030, USD (Million)
Companies Mentioned
- Biota Agro Solutions Private Limited
- IQV
- Isagro S.p.A.
- Killicks Pharma
- Manica S.p.A.
- Albaugh LLC
- Spiess-Urania Chemicals GmbH
- Killicks Pharma
- Syngenta International AG
- Vimal Crop Care Pvt. Ltd.
