Global Copper Oxychloride Market Size, Share, Growth Analysis, By Application(Fungicide, Colorant & Pigments), By Industry Vertical(Chemical, Agriculture)

Description

Global Copper Oxychloride Market size was valued at USD 325.8 million in 2022 and is poised to grow from USD 341.11 million in 2023 to USD 492.57 million by 2031, growing at a CAGR of 4.7% in the forecast period (2024-2031).

The global copper oxychloride market thrives within the agrochemical and chemical sectors. Copper oxychloride, a compound comprising copper, oxygen, and chlorine, finds primary use as a fungicide and bactericide in agriculture to safeguard crops against fungal and bacterial diseases. Its growth stems from extensive application across various crops like fruits, vegetables, cereals, and ornamental plants. The escalating demand for enhanced agricultural productivity to cater to the needs of an expanding global populace propels the market. Changing climatic conditions, which often facilitate the spread of plant diseases, along with increasing awareness about sustainable farming practices, also contribute to market expansion. Copper oxychloride's effectiveness, relatively low toxicity to humans and animals when applied correctly, and its compatibility with other chemicals further drive its adoption. Additionally, given consumers' preference for residue-free produce, farmers lean towards copper oxychloride due to its shorter pre-harvest interval compared to other chemicals. However, environmental concerns regarding copper accumulation in soil and water, as well as its potential impact on non-target organisms, pose challenges. Regulatory bodies are imposing restrictions on copper oxychloride usage, prompting a shift towards more eco-friendly alternatives and integrated disease management practices.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Copper Oxychloride Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Copper Oxychloride Market Segmental Analysis

The global copper oxychloride market is segmented on the basis of Application, Industry Vertical, and region. By Application, the market is segmented into Fungicide, Colorant & Pigments, Commercial Feed Supplements, and Others. By Industry Vertical, the market is segmented into Chemical, Agriculture, Paints, and Others. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Drivers of the Global Copper Oxychloride Market

Copper oxychloride serves as a widely utilized fungicide and bactericide in agriculture, offering protection against a range of diseases affecting crops. With the global demand for food on the rise, there is an increasing requirement for efficient crop protection solutions, thereby fueling the demand for copper oxychloride within the agricultural sector.

Restraints in the Global Copper Oxychloride Market

Extended exposure to copper compounds such as copper oxychloride can result in adverse health effects on humans, including irritation of the skin and respiratory system. With heightened awareness regarding these health risks, both users and consumers are actively searching for safer alternatives, which could potentially impede market growth.

Market Trends of the Global Copper Oxychloride Market

The global agriculture industry is progressively embracing sustainable farming methods to mitigate environmental repercussions. Copper oxychloride, renowned as a widely employed fungicide and bactericide, is garnering attention in the agricultural domain for its efficacy in managing diverse plant diseases. In the quest for alternatives to conventional chemical pesticides, copper oxychloride presents a greener choice. The shift towards organic and integrated pest management techniques is fueling the need for copper oxychloride-based products, enabling crop protection in alignment with principles of sustainable agriculture.

Product Code: SQMIG15E2381

Executive Summary

Market Overview
Wheel of Fortune

Research Methodology

Information Procurement
Secondary & Primary Data Sources
Market Size Estimation
Market Assumptions & Limitations

Parent Market Analysis

Market Overview
Market Size
Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges

Key Market Insights

Technology Analysis
Pricing Analysis
Supply Chain Analysis
Value Chain Analysis
Ecosystem of the Market
IP Analysis
Trade Analysis
Startup Analysis
Raw Material Analysis
Innovation Matrix
Pipeline Product Analysis
Macroeconomic Indicators
Top Investment Analysis
Key Success Factor
Degree of Competition

Market Dynamics & Outlook

Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
Regulatory Landscape
Porters Analysis
- Competitive rivalry
- Threat of Substitute Products
- Bargaining Power of Buyers
- Threat of New Entrants
- Bargaining Power of Suppliers
Skyquest Special Insights on Future Disruptions
- Political Impact
- Economic Impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact

Global Copper Oxychloride Market by Application

Market Overview
Fungicide
Colorant & Pigments
Commercial Feed Supplements
and Others

Global Copper Oxychloride Market by Industry Vertical

Market Overview
Chemical
Agriculture
Paints
and Others

Global Copper Oxychloride Market Size by Region

Market Overview
North America
- USA
- Canada
Europe
- Germany
- Spain
- France
- UK
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Rest of Latin America
Middle East & Africa (MEA)
- GCC Countries
- South Africa
- Rest of MEA

Competitive Landscape

Top 5 Player Comparison
Market Positioning of Key Players, 2021
Strategies Adopted by Key Market Players
Top Winning Strategies
- By Development
- By Company
- By Year
Recent Activities in the Market
Key Companies Market Share (%), 2021

Key Company Profiles

Albaugh, LLC (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Biota Agro Solutions Private Limited (India)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
IQV (Spain)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Killicks Pharma (India)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Syngenta AG (Switzerland)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Albaugh Europe S.A. (Luxembourg)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Isagro S.p.A. (Italy)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Alfa Chem China (China)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Manica S.p.A. (Italy)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Spiess-Urania Chemicals GmbH (Germany)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Vimal Crop Care Pvt. Ltd. (India)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Greenriver Industry Co., Ltd. (China)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Hebei Jiheng Chemical Co., Ltd. (China)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Tianjin Elong Co., Ltd. (China)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Star Oxochem Pvt. Ltd. (India)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
GSP Crop Science Private Limited (India)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
KBI Kunj Chemicals (India)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Groupe Roullier (France)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Parikh Enterprises Private Limited (India)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Green Agri Solution (India)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Greenchem Biotech (India)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Manica Fertilisantes (France)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Avon Organics Limited (India)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Bhaskar Agrochemicals Ltd. (India)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Reflex Chemicals (China)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments

Global Copper Oxychloride Market Size, Share, Growth Analysis, By Application(Fungicide, Colorant & Pigments), By Industry Vertical(Chemical, Agriculture) - Industry Forecast 2024-2031