Chemicals Industry Today

Copper Chemicals Market Top Growth Companies Global Growth, Trends, Industry Analysis by 2030

Porterโ€™s five forces analysis help analyze potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
Published 25 June 2024

Copper forms a rich variety of chemicals, usually with oxidation states +1 and +2, which are often called cuprous and cupric, respectively. Copper chemicals, whether organic complexes or organometallics, promote or catalyze numerous chemical and biological processes. Various types of copper chemicals include copper oxychloride, basic copper carbonate, copper sulphate, cupric chloride, cupric oxide, cuprous chloride, copper acetates, cupric nitrate, copper cyanide, copper naphthenate, and copper soaps. It is widely used as raw material in the applications such as pesticides, paints, ceramics, textile, and mining & metallurgy.

๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐…๐ฎ๐ฅ๐ฅ ๐’๐ฎ๐ฆ๐ฆ๐š๐ซ๐ฒ @ ๐ก๐ญ๐ญ๐ฉ๐ฌ://๐ฐ๐ฐ๐ฐ.๐š๐ฅ๐ฅ๐ข๐ž๐๐ฆ๐š๐ซ๐ค๐ž๐ญ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก.๐œ๐จ๐ฆ/๐œ๐จ๐ฉ๐ฉ๐ž๐ซ-๐œ๐ก๐ž๐ฆ๐ข๐œ๐š๐ฅ๐ฌ-๐ฆ๐š๐ซ๐ค๐ž๐ญ-๐€12499

The global demand for copper chemicals market is primarily driven by surge in demand from agrochemicals and building & construction industries. Copper chemicals are widely used in production of pesticides such as herbicide, bactericide, and fungicide. Around 75.0% of the copper chemicals produced are used by pesticides manufacturers across the globe. Continuous advancements in the technology used in agriculture have led to a shift in farming practices. With the increased export and import of agricultural commodities across different geographies, especially in developing regions, new types of harmful organisms have emerged, leading to an increase in the demand for novel active ingredient products to safeguard crops. Globalization of the agrochemical industry has a huge impact on the Asian pesticides markets. With the highest rate of population growth, increase in need for food production and economic growth, the demand for various agrochemicals such as herbicides and pesticides are increasing.

While the demand for food products is increasing in the developing countries of Asia-Pacific, the available landmass for agriculture is shrinking due to the increased effect of urbanization that propels farmers to use various agrochemicals to maintain soil health and increase land productivity. This factor is likely to surge the demand for copper chemicals in near future. Copper chemicals are widely used in production of ceramics and later the ceramics are used in the manufacturing of tiles. Rapid industrialization and urbanization across developing economies, such as China and India, led to surge in demand for new homes for accommodation of growing population in both urban and rural areas. As a result, the building & construction industry has grown significantly in recent years, which led to surge in demand and production of ceramic tiles across these countries. In addition, copper chemicals are widely used in production of paints and wood preservatives. Furthermore, the demand for paints and wood preservatives has increased significantly in architectural and furniture industries due to rapid industrialization across the developing economies such as China, India, and Brazil. Therefore, the demand for copper chemicals is anticipated to surge from paints and wood preservatives manufacturers during the forecast period.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ญ: ๐ก๐ญ๐ญ๐ฉ๐ฌ://๐ฐ๐ฐ๐ฐ.๐š๐ฅ๐ฅ๐ข๐ž๐๐ฆ๐š๐ซ๐ค๐ž๐ญ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก.๐œ๐จ๐ฆ/๐ซ๐ž๐ช๐ฎ๐ž๐ฌ๐ญ-๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž/๐€12499

However, harmful effects of copper chemicals due to their toxicity are expected to hamper the growth of the copper chemicals market during the forecast period. Furthermore, government initiatives to promote the domestic manufacturing of agrochemicals is expected to provide growth opportunities for the copper chemicals market during the forecast period.

The global copper chemicals market size is segmented on the basis of type, application, and region. By type, it is analyzed across copper sulphate, copper oxychloride, cupric oxide, cuprous chloride, basic copper carbonate, cupric chloride, and others. By application, it is segmented into agriculture, mining & metallurgy, ceramic, paints, textile, and others. Region wise, it is studied across North America, Europe, Asia-Pacific, and LAMEA.

The major key players operating in the global copper chemicals market include Bayer AG, Atotech, Sumitomo Metal Mining Co. Ltd., Syngenta, Brenntag, NOAH Technologies Corporation, William Blythe Limited, Allan Chemical Corporation, Jost Chemical, Perrychem, Shyam Chemicals Pvt Limited, and Parikh Enterprises Private Limited.

Key benefits for stakeholders

The global copper chemicals market analysis covers in-depth information of major industry participants.

Porterโ€™s five forces analysis help analyze potential of buyers & suppliers and the competitive scenario of the industry for strategy building.

Major countries have been mapped according to their individual revenue contribution to the regional market.

The report provides in-depth analysis of the global copper chemicals market forecast for the period 2021โ€“2030.

The report outlines the current global copper chemicals market trends and future scenario of the global copper chemicals market from 2020 to 2030 to understand the prevailing opportunities and potential investment pockets.

Key drivers, restraints, & opportunities and their detailed impact analysis are explained in the global copper chemicals market study

๐…๐จ๐ซ ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐„๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐š๐ญ: - ๐ก๐ญ๐ญ๐ฉ๐ฌ://๐ฐ๐ฐ๐ฐ.๐š๐ฅ๐ฅ๐ข๐ž๐๐ฆ๐š๐ซ๐ค๐ž๐ญ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก.๐œ๐จ๐ฆ/๐ฉ๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž-๐ž๐ง๐ช๐ฎ๐ข๐ซ๐ฒ/๐€12499

Key market segments

By Type

  • Copper Sulphate
  • Copper Oxychloride
  • Cupric Oxide
  • Cuprous Chloride
  • Basic Copper Carbonate
  • Cupric Chloride

By Application

  • Agriculture
  • Mining & Metallurgy
  • Ceramic
  • Paints
  • Textile

Key Market Player

SHYAM CHEMICALS PVT. LTD., ALLAN CHEMICAL CORPORATION, PERRY CHEM, SUMITOMO METAL MINING CO. LTD, SYNGENTA AG, BRENNTAG SE, ATOTECH, PARIKH ENTERPRISES PRIVATE LIMITED, JOST CHEMICAL, NOAH TECHNOLOGIES CORPORATION, BAYER AG, WILLIAM BLYTHE LIMITED

๐๐ฎ๐ฒ ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ : ๐ก๐ญ๐ญ๐ฉ๐ฌ://๐›๐ข๐ญ.๐ฅ๐ฒ/43๐ฃ8๐Š9๐

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