Global Copper Oxychloride Market

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The Global Copper Oxychloride Market was valued at US$ 257.6 Mn in 2019 and expected to reach US$ 375.3 Mn by 2026, at a CAGR of 4.82% during the forecast period.


The Global Copper Oxychloride Market was valued at US$ 257.6 Mn in 2019 and expected to reach US$ 375.3 Mn by 2026, at a CAGR of 4.82% during the forecast period.

The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

 

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Copper oxychloride, also known as tribasic copper chloride (TBCC), It is a greenish crystalline solid encountered in mineral deposits, metal corrosion product, industrial products, art archeological object, and some living systems. It is naturally found in minerals and can also be synthetically produced. The copper oxychloride finds application in colorants and pigments, fungicides, commercial feed supplements, and other applications.

In terms of application, Fungicides are expected to lead the global market. Fungicides offer a major application area for copper oxychloride owing to the indispensability of protecting plants and crops from damage. It is also used as a wood preservative when employed for flooring in concrete. Copper oxychloride is used to manufacture colorants and pigments for ceramics and glass. Copper oxychloride consumption has gradually increased in the market due to increasing agricultural activities demanding fungicides.

The copper oxychloride is used as a color in the illumination of the manuscript, painting on walls and paintings made by traditional inhabitants and tribes. Earlier it was utilized by the ancient Egyptian population in cosmetic items. Due to its green color, it has used in pyrotechnics. It is applied in a catalytic form in the process of chlorination and oxidation in organic synthesis. The main use of copper oxychloride is a business feed supplement.

The Asia Pacific accounted as the largest and fastest-growing regional market for copper oxychloride and is expected to retain its dominance during the forecast period. Increasing agricultural production to meet the demand from the rising population in the region and growing awareness about new technologies and products are the factors responsible for the growth in demand for copper oxychloride in the Asia Pacific. Europe accounted as the second-largest market for copper oxychloride and is expected to undergo perpetual growth in the near future. Fluctuations in the prices of copper restraining market growth.

Other regions such as North America, Latin America, and Middle East Africa are also expected to experience a boost in demand for copper oxychloride in the market during the forecast period.

The key market players operating in the global Copper oxychloride market are Prescient Industries Limited, TIB Chemical, Oxiquímica Agroscience, Parikh Enterprises Private Limited, Tata Chemical Limited, Rallis India Limited, American Elements, BASF Corporation, Lentus India Private Limited, Hummel Croton Incorporation, Acme Organics Private Limited, Agro Chemical Industries Limited, Biota Agro Solutions Private Limited, Kundan Pestichem Private Limited, Killicks Pharma, PI Industries Limited, Elgon Kenya Limited, Vimal Crop Care Private Limited, Tecomag S.r.l., Bayer CropScience, Probelte S.A, Univar Canada, Isagro Group, Willowood Limited, SALES Y DERIVADOS DE COBRE S.A, Accensi Private Limited, Vijay Agro Industries, Spiess, Urania Chemical GmbH, Cinkarna Celje, Travancore Chemical Manufacturing Company Limited.

The report provides a comprehensive review of major market drivers, restraints, opportunities, challenges, and key issues in the market.

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The Scope of the Global Copper Oxychloride Market: Inquire before buying

Global Copper Oxychloride Market, by Application

• Fungicide
• Colorants Pigments
• Commercial Feed Supplement
• Others
Global Copper Oxychloride Market, by Region:

• North America
• Europe
• Middle East Africa
• Asia-Pacific
• Latin America
Key Players Operating In the Global Copper Oxychloride Market:

• Prescient Industries Limited
• TIB Chemical
• Oxiquímica Agroscience
• Parikh Enterprises Private Limited
• Tata Chemical Limited
• Rallis India Limited
• American Elements
• BASF Corporation
• Lentus India Private Limited
• Hummel Croton Incorporation
• Acme Organics Private Limited
• Agro Chemical Industries Limited
• Biota Agro Solutions Private Limited
• Kundan Pestichem Private Limited
• Killicks Pharma

This Report Is Submitted By : Maximize Market Research Company

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