Copper Sulfate Market

Copper Sulfate Market - Global Industry Insights, Trends,
Outlook, and Opportunity Analysis, 2018-2026
Copper sulfate, denoted by the chemical composition CuSO4, 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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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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