The new report by Expert Market Market titled, ‘Global Copper Sulphate Market Growth, Report and Forecast 2023-2028’, gives an in-depth analysis of the global copper sulphate market, assessing the market based on its segments like end uses, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/copper-sulphate-market/requestsample
The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Volume (2020): 391.9 million tons
- Forecast CAGR (2023-2028): 4.1%
The growing demand for copper sulphate in various end use industries is driving the market growth. For instance, the pentahydrate of copper sulphate is used as a fungicide in the agriculture industry. In addition, it is a crucial compound which is used as a dye fixative in vegetable dying. Over the forecast period, the increasing application of copper sulphate as an electrolyte in copper refining is anticipated to boost the market growth. In terms of region, the Asia Pacific accounts for a significant share in the market owing to the thriving agriculture sector due to the rising population and rapid urbanisation.
Industry Definition and Major Segments
Copper sulphate is a compound which contains an ionic bond between the copper cation and sulphate anion. In anhydrous form, it exists as white, while in the crystalline hydrous form, it exists as blue. The compound is obtained through the action of sulphuric acid on copper oxide. Copper sulphate is highly soluble in water and is often used as an algaecide and fungicide.
Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/copper-sulphate-market
On the basis of end use, the market can be segmented into:
- Mining and Metallurgy
The regional markets for copper sulphate include:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Copper sulphate is widely applied as a decorative material as it can add colour to cement, ceramics, and various metals. Hence, the thriving construction industry owing to the rapid urbanisation and rising standards of living is anticipated to be a key trend in the market. Meanwhile, the technological advancements in the healthcare industry aimed towards bolstering the process of diagnosis and treatment in cases of chronic diseases such as diabetes and cancer, are generating a significant demand for copper sulphate. This is likely to be another major trend in the market. Moreover, the growing R&D activities in the chemical industry is anticipated to provide impetus to the market in the coming years.
Key Market Players
The major players in the market are Wego Chemical Group, Allan Chemical Corporation, Atotech, and NOAH Technologies Corporation, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Read More Reports:
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
Company Name: Claight Corporation
Contact Person:- Ian Bell, Business Consultant
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, US