Copper Oxychloride Market Opportunities By Key players IQVIA, Isagro S.p.A., Albaugh, LLC, Syngenta, Manica S.p.A., Spiess-Urania, Vimal Crop Care Pvt Ltd & Forecast Report to 2024

Global copper oxychloride market size should surpass USD 333.6 million by 2024, with estimated gains at over 4% CAGR. Copper oxychloride market for fungicides must witness highest gains exceeding 4%. Increasing demand for high yielding crops in confined arable land will drive industry growth for fungicide. For instance, by 2050 farmers might have to upscale their crop yield by 50% according to the World Bank.

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Copper oxychloride market size for commercial feed supplement shall exceed USD 8 million by 2024. It is used in feed formulations for most animal species such as turkeys, chickens, pigs, horses, dairy cattle, pets, and also for aquaculture.

Copper Oxychloride Market size is set to reach USD 333.6 million by 2024; according to a new research report by Global Market Insights, Inc. Increasing population along with lessening arable land will boost copper oxychloride market size over the forecast timeframe. In 2010, the global population was approximately over 6.89 billion and reached up to 7 billion in 2015 with over 4.9% growth.

Growth drivers

• Increasing Need for Yield-enhancing Agrochemicals
• Rising Demand for Fruits and Vegetables and Ultimately Fungicides

Industry pitfalls & challenges

• Availability of Substitute Products

On the other hand, total arable land witnessed growth only up to 3.4%, which increases high yielding crops demand with the help of agrochemicals including fungicide. In 2015, fungicide was the dominant application of copper oxychloride market. These are highly effective on tomatoes, potatoes, carnations, stone fruit, grapes, citrus, celery, coffee and avocados owing to boost industry growth.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Albaugh, LLC
2. BIOTA AGRO SOLUTIONS PRIVATE LIMITED
3. IQVIA
4. Isagro S.p.A.
5. Killicks Pharma
6. Manica S.p.A.
7. Spiess-Urania
8. Syngenta
9. Vimal Crop Care Pvt Ltd
10. Greenriver Industry Co., Ltd.

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Improved consumer eating habits has driven fruits & vegetables industry significantly as they carry all vital nutrients including minerals, vitamins and roughage. In 2015, fruits & vegetables production was over 2 billion tons and might reach 2.35 billion tons by 2024. In addition, approximately 30% of total fungicide produced are utilized by fruits & vegetables, which consequently will boost copper oxychloride market share.

• Copper Oxychloride Application Analysis (Volume: Tons & Revenue: USD Thousand, 2013 - 2024)

• Fungicide
• Commercial Feed Supplements
• Colorants & Pigments
• Others

• Copper Oxychloride Regional Analysis (Volume: Tons & Revenue: USD Thousand, 2013 - 2024)

o North America
• U.S.
• Canada
o Europe
• Germany
• UK
• France
• Spain
• Italy
o Asia Pacific
• China
• India
• Japan
• Australia
• Indonesia
• Malaysia
o Latin America
• Brazil
• Mexico
o MEA
• South Africa
• GCC

Numerous alternate crop protection products available in the industry may force product substitute threat, which may hinder copper oxychloride market size by 2024. For instance, Kocide Blue Xtra from DuPont has gained more attraction as it contains bioavailable copper. In addition, excessive product usage has resulted in settling of copper in the soil layer and pushes adverse environmental consequences such as soil infertility.

Browse key industry insights from the report, “Copper Oxychloride Market” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/copper-oxychloride-market

In 2015, colorants & pigments was valued at over 5 million. Copper oxychloride are extensively used to manufacture colorants & pigments for glass and ceramics. Furthermore, it is used in illuminations, manuscripts and wall paintings as a coloring agent.

In 2015, North America, led by the U.S, accounted roughly around 22% of global share. The growth was mainly driven increasing food & vegetable demand.

In 2015 Asia Pacific, led by China, India and Japan copper oxychloride market generated revenue at over USD 55 million. Increasing population along with improving consumer eating habits will drive industry growth by 2024. Furthermore, strong industrialization in the region has decreased arable land owing to drive copper oxychloride market for fungicide.

In 2015, global copper oxychloride market is highly consolidated with three major companies accounting more than 50% of global share. Isagro S.p.A., IQV and Albaugh are the prominent industry players. Other industry share contributor are Syngenta, Biota Agro Solutions, Manica S.p.A., Spiess-Urania, Vimal Crop Care., Killicks Pharma and Greenriver.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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