Copper Fungicides Market By Chemistry, By Application : Global Opportunity Analysis and Industry Forecast, 2023-2032

Description

List of Tables

According to a new report published by Allied Market Research, titled, "Copper Fungicides Market," The copper fungicides market was valued at $484.6 million in 2022, and is estimated to reach $872.9 million by 2032, growing at a CAGR of 6.1% from 2023 to 2032.

Copper fungicide is a type of pesticide that is specifically formulated to control and prevent fungal diseases in plants. It is widely used in agriculture, horticulture, and gardening to protect crops, trees, and ornamental plants from various fungal infections. Copper fungicides contain copper compounds as the active ingredient, typically in the form of copper sulfate or copper oxychloride.

The mode of action of copper fungicides involves the release of copper ions, which are toxic to fungal cells. These ions interfere with several vital processes in the fungi, including enzyme activity, protein synthesis, and cell wall formation. By disrupting these essential functions, copper fungicides effectively inhibit fungal growth, reproduction, and the spread of diseases.

Copper fungicides offer several advantages that make them popular among growers and gardeners. Firstly, copper is a broad-spectrum fungicide, meaning it can control a wide range of fungal pathogens, including powdery mildew, downy mildew, leaf spots, blights, and rusts. This versatility makes it a valuable tool for disease management in many different crops and plants. Secondly, copper fungicides have a long-lasting residual effect. Once applied, the copper ions remain active on the plant surface, providing continued protection against fungal infections. This is particularly useful in regions or seasons with high humidity or frequent rain, as it helps prevent the rapid development and spread of diseases under such favorable conditions.

The surge in demand for fungicides, specifically copper fungicides, has fueled the growth of the copper fungicides market. Fungicides are chemical compounds used in agriculture to control or prevent the growth of fungal diseases that can significantly impact crop yields and quality. The increase in the need to control and prevent fungal diseases drives the copper fungicides market, as copper is mainly employed in fungicides and feed supplements. The rise in demand for fungicides to eliminate harmful pathogens, fungal diseases, and others has resulted from improvements in agricultural methods, high crop yield, and food security trends. According to the National Horticulture Board's National Horticulture Database, India produced approximately 99.07 million metric tons of fruits and 191 million metric tons of vegetables in 2019-20. In addition, it is necessary to regulate the copper toxicity content of fungicides to provide the desired level of protection spray for fruits and vegetables without harming them. As a result, the copper fungicides market has experienced significant growth, with manufacturers investing in R&D to introduce innovative formulations and improve the efficacy of these fungicides.

Copper fungicides can have potential environmental impacts, particularly in terms of copper accumulation in soil and water bodies. The release of copper ions into the environment can be toxic to non-target organisms and disrupt ecosystems. Regulatory authorities, therefore, impose restrictions on the use of copper fungicides to mitigate these environmental risks. These regulations often include guidelines on application rates, buffer zones, and limitations on the total amount of copper applied per season. Although copper fungicides are generally considered safe for use in agriculture, there may be concerns regarding potential health hazards for workers involved in their handling and application. Prolonged exposure to copper-based products can lead to skin and respiratory irritations. Occupational safety guidelines and proper protective measures need to be followed to minimize risks. Consumer concerns related to residues on crops may influence regulatory decisions and consumer preferences. The copper fungicides market faces competition from alternative fungicide products that offer similar or improved efficacy against fungal diseases. These alternatives may have different modes of action, enabling a broader spectrum of disease control or providing additional benefits such as systemic movement within the plant. Farmers and growers may opt for these alternatives, reducing the demand for copper fungicides in certain markets.

Agricultural practices have expanded and modernized in emerging economies and provide vast opportunities for the copper fungicides market. As these regions adopt advanced farming techniques, the demand for effective disease management solutions such as copper fungicides is likely to increase. Furthermore, the shift toward sustainable agriculture practices fosters the demand for environmentally friendly and socially responsible crop protection solutions. Copper fungicides, when used according to recommended guidelines, are considered relatively safe for the environment. Manufacturers can capitalize on this opportunity by promoting the sustainable aspects of copper fungicides and aligning their products with sustainable farming practices. All these factors are anticipated to provide lucrative opportunities for the copper fungicides market.

The copper fungicides market is segmented on the basis of chemistry, application, and region. Depending on chemistry, the market is divided into copper oxychloride, copper hydroxide, cuprous oxide, copper sulfate, and others. On the basis of application, it is categorized into fruits & vegetables, cereals & grains, oilseeds & pulses. and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

The major players operating in the global copper fungicides market are Albaugh, LLC, Nufarm Limited, UPL, Certis USA L.L.C., Bayer AG, Cinkarna Celje dd, Quimetal Industrial Sa, Cosaco GmbH, Corteva and IQV Matholding Group. Other players operating in the market are Nordox AS, ADAMA Agricultural Solutions Ltd., Zhejiang Hisun, Jiangxi Heyi, and Synthos Agro.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the copper fungicides market analysis from 2022 to 2032 to identify the prevailing copper fungicides market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the copper fungicides market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global copper fungicides market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Chemistry

Copper Oxychloride
Copper Hydroxide
Cuprous Oxide
Copper Sulfate
Others

By Application

Fruits and Vegetables
Cereals and Grains
Oilseeds and Pulses
Others

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- Italy
- UK
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
LAMEA
- Brazil
- Argentina
- South Africa
- Rest of LAMEA

Key Market Players:

Albaugh, LLC
Bayer AG
Certis USA L.L.C.
Cinkarna Celje, d. d.
Corteva
Cosaco GmbH
IQV Matholding Group
Nufarm Limited
Quimetal Industrial S.A.
UPL

Product Code: A62481

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
- 3.3.1. Bargaining power of suppliers
- 3.3.2. Bargaining power of buyers
- 3.3.3. Threat of substitutes
- 3.3.4. Threat of new entrants
- 3.3.5. Intensity of rivalry
3.4. Market dynamics
- 3.4.1. Drivers
  - 3.4.1.1. Increased demand from the agricultural sector
  - 3.4.1.2. Surge in demand for fungicides

3.4.2. Restraints
- 3.4.2.1. Toxicity of copper and availability of substitutes

3.4.3. Opportunities
- 3.4.3.1. Growth in demand from emerging markets and Sustainable agriculture practices

3.5. COVID-19 Impact Analysis on the market
3.6. Key Regulation Analysis
3.7. Patent Landscape
3.8. Pricing Analysis
3.9. Regulatory Guidelines
3.10. Value Chain Analysis

CHAPTER 4: COPPER FUNGICIDES MARKET, BY CHEMISTRY

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Copper Oxychloride
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Copper Hydroxide
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. Cuprous Oxide
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
4.5. Copper Sulfate
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
4.6. Others
- 4.6.1. Key market trends, growth factors and opportunities
- 4.6.2. Market size and forecast, by region
- 4.6.3. Market share analysis by country

CHAPTER 5: COPPER FUNGICIDES MARKET, BY APPLICATION

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Fruits and Vegetables
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Cereals and Grains
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
5.4. Oilseeds and Pulses
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
5.5. Others
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country

CHAPTER 6: COPPER FUNGICIDES MARKET, BY REGION

6.1. Overview
- 6.1.1. Market size and forecast By Region
6.2. North America
- 6.2.1. Key trends and opportunities
- 6.2.2. Market size and forecast, by Chemistry
- 6.2.3. Market size and forecast, by Application
- 6.2.4. Market size and forecast, by country
  - 6.2.4.1. U.S.
  - 6.2.4.1.1. Key market trends, growth factors and opportunities
  - 6.2.4.1.2. Market size and forecast, by Chemistry
  - 6.2.4.1.3. Market size and forecast, by Application
  - 6.2.4.2. Canada
  - 6.2.4.2.1. Key market trends, growth factors and opportunities
  - 6.2.4.2.2. Market size and forecast, by Chemistry
  - 6.2.4.2.3. Market size and forecast, by Application
  - 6.2.4.3. Mexico
  - 6.2.4.3.1. Key market trends, growth factors and opportunities
  - 6.2.4.3.2. Market size and forecast, by Chemistry
  - 6.2.4.3.3. Market size and forecast, by Application
6.3. Europe
- 6.3.1. Key trends and opportunities
- 6.3.2. Market size and forecast, by Chemistry
- 6.3.3. Market size and forecast, by Application
- 6.3.4. Market size and forecast, by country
  - 6.3.4.1. Germany
  - 6.3.4.1.1. Key market trends, growth factors and opportunities
  - 6.3.4.1.2. Market size and forecast, by Chemistry
  - 6.3.4.1.3. Market size and forecast, by Application
  - 6.3.4.2. France
  - 6.3.4.2.1. Key market trends, growth factors and opportunities
  - 6.3.4.2.2. Market size and forecast, by Chemistry
  - 6.3.4.2.3. Market size and forecast, by Application
  - 6.3.4.3. Italy
  - 6.3.4.3.1. Key market trends, growth factors and opportunities
  - 6.3.4.3.2. Market size and forecast, by Chemistry
  - 6.3.4.3.3. Market size and forecast, by Application
  - 6.3.4.4. UK
  - 6.3.4.4.1. Key market trends, growth factors and opportunities
  - 6.3.4.4.2. Market size and forecast, by Chemistry
  - 6.3.4.4.3. Market size and forecast, by Application
  - 6.3.4.5. Spain
  - 6.3.4.5.1. Key market trends, growth factors and opportunities
  - 6.3.4.5.2. Market size and forecast, by Chemistry
  - 6.3.4.5.3. Market size and forecast, by Application
  - 6.3.4.6. Rest of Europe
  - 6.3.4.6.1. Key market trends, growth factors and opportunities
  - 6.3.4.6.2. Market size and forecast, by Chemistry
  - 6.3.4.6.3. Market size and forecast, by Application
6.4. Asia-Pacific
- 6.4.1. Key trends and opportunities
- 6.4.2. Market size and forecast, by Chemistry
- 6.4.3. Market size and forecast, by Application
- 6.4.4. Market size and forecast, by country
  - 6.4.4.1. China
  - 6.4.4.1.1. Key market trends, growth factors and opportunities
  - 6.4.4.1.2. Market size and forecast, by Chemistry
  - 6.4.4.1.3. Market size and forecast, by Application
  - 6.4.4.2. Japan
  - 6.4.4.2.1. Key market trends, growth factors and opportunities
  - 6.4.4.2.2. Market size and forecast, by Chemistry
  - 6.4.4.2.3. Market size and forecast, by Application
  - 6.4.4.3. India
  - 6.4.4.3.1. Key market trends, growth factors and opportunities
  - 6.4.4.3.2. Market size and forecast, by Chemistry
  - 6.4.4.3.3. Market size and forecast, by Application
  - 6.4.4.4. South Korea
  - 6.4.4.4.1. Key market trends, growth factors and opportunities
  - 6.4.4.4.2. Market size and forecast, by Chemistry
  - 6.4.4.4.3. Market size and forecast, by Application
  - 6.4.4.5. Australia
  - 6.4.4.5.1. Key market trends, growth factors and opportunities
  - 6.4.4.5.2. Market size and forecast, by Chemistry
  - 6.4.4.5.3. Market size and forecast, by Application
  - 6.4.4.6. Rest of Asia-Pacific
  - 6.4.4.6.1. Key market trends, growth factors and opportunities
  - 6.4.4.6.2. Market size and forecast, by Chemistry
  - 6.4.4.6.3. Market size and forecast, by Application
6.5. LAMEA
- 6.5.1. Key trends and opportunities
- 6.5.2. Market size and forecast, by Chemistry
- 6.5.3. Market size and forecast, by Application
- 6.5.4. Market size and forecast, by country
  - 6.5.4.1. Brazil
  - 6.5.4.1.1. Key market trends, growth factors and opportunities
  - 6.5.4.1.2. Market size and forecast, by Chemistry
  - 6.5.4.1.3. Market size and forecast, by Application
  - 6.5.4.2. Argentina
  - 6.5.4.2.1. Key market trends, growth factors and opportunities
  - 6.5.4.2.2. Market size and forecast, by Chemistry
  - 6.5.4.2.3. Market size and forecast, by Application
  - 6.5.4.3. South Africa
  - 6.5.4.3.1. Key market trends, growth factors and opportunities
  - 6.5.4.3.2. Market size and forecast, by Chemistry
  - 6.5.4.3.3. Market size and forecast, by Application
  - 6.5.4.4. Rest of LAMEA
  - 6.5.4.4.1. Key market trends, growth factors and opportunities
  - 6.5.4.4.2. Market size and forecast, by Chemistry
  - 6.5.4.4.3. Market size and forecast, by Application

CHAPTER 7: COMPETITIVE LANDSCAPE

7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2022

CHAPTER 8: COMPANY PROFILES

8.1. UPL
- 8.1.1. Company overview
- 8.1.2. Key Executives
- 8.1.3. Company snapshot
- 8.1.4. Operating business segments
- 8.1.5. Product portfolio
- 8.1.6. Business performance
8.2. Albaugh, LLC
- 8.2.1. Company overview
- 8.2.2. Key Executives
- 8.2.3. Company snapshot
- 8.2.4. Operating business segments
- 8.2.5. Product portfolio
8.3. Nufarm Limited
- 8.3.1. Company overview
- 8.3.2. Key Executives
- 8.3.3. Company snapshot
- 8.3.4. Operating business segments
- 8.3.5. Product portfolio
- 8.3.6. Business performance
8.4. Certis USA L.L.C.
- 8.4.1. Company overview
- 8.4.2. Key Executives
- 8.4.3. Company snapshot
- 8.4.4. Operating business segments
- 8.4.5. Product portfolio
8.5. Bayer AG
- 8.5.1. Company overview
- 8.5.2. Key Executives
- 8.5.3. Company snapshot
- 8.5.4. Operating business segments
- 8.5.5. Product portfolio
- 8.5.6. Business performance
8.6. Quimetal Industrial S.A.
- 8.6.1. Company overview
- 8.6.2. Key Executives
- 8.6.3. Company snapshot
- 8.6.4. Operating business segments
- 8.6.5. Product portfolio
8.7. Cosaco GmbH
- 8.7.1. Company overview
- 8.7.2. Key Executives
- 8.7.3. Company snapshot
- 8.7.4. Operating business segments
- 8.7.5. Product portfolio
8.8. Corteva
- 8.8.1. Company overview
- 8.8.2. Key Executives
- 8.8.3. Company snapshot
- 8.8.4. Operating business segments
- 8.8.5. Product portfolio
- 8.8.6. Business performance
8.9. IQV Matholding Group
- 8.9.1. Company overview
- 8.9.2. Key Executives
- 8.9.3. Company snapshot
- 8.9.4. Operating business segments
- 8.9.5. Product portfolio
8.10. Cinkarna Celje, d. d.
- 8.10.1. Company overview
- 8.10.2. Key Executives
- 8.10.3. Company snapshot
- 8.10.4. Operating business segments
- 8.10.5. Product portfolio
- 8.10.6. Business performance