IMARC Group, a leading market research company, has recently releases report titled “Copper Sulphate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, The study provides a detailed analysis of the industry, including the global copper sulphate market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the copper sulphate market?

What are copper sulphate?

Copper sulphate (CuSO₄) is an inorganic compound that naturally occurs in the chalcocyanite mineral.  It is a non-toxic, bright blue or green colored crystal that is utilized in a wide range of applications. Copper sulphate is commonly produced by combining copper or its oxides with diluted or hot concentrated sulfuric acid. It can also be obtained using specific bacteria through the slow leaching process of low-grade copper ore in the air. Copper sulphate exothermically dissolves in water, is highly miscible, and offers low dosage and high purity, which is why it is largely used to manufacture fungicides and paints to mitigate the occurrences of algae, bacteria, and fungi.

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What are the growth prospects and trends in the copper sulphate industry?

The rising demand for copper sulphate in the agriculture industry for maintaining copper deficiency in soils and controlling fungal diseases represents one of the primary factors driving the global market growth. Besides this, the increasing application of copper sulphate in the pharmaceutical sector to produce antiseptics and the surging product demand in electrical components for dyeing and electroplating are boosting the market growth. Moreover, increasing mining activities across the globe and the rising application of copper sulphate in animal feed are creating a positive outlook for the market. Furthermore, the increasing demand for eco-friendly chemical compounds with enhanced solubility in the chemical, adhesive, and textile industries is acting as another growth-inducing factor.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by End-Use:

• Farming
• Animal husbandry
• Healthcare
• Industrial

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others)

Who are the key players operating in the industry?

The report covers the major market players including:

• Cuprichem Limited
• NOAH Technologies Corporation
• Old Bridge Chemicals, Inc.
• ProChem, Inc.
• SimpL
• Ural Mining and Metallurgical Company
• Xintai Copper Industrial Co. Ltd.
• Yunnan Copper Company Ltd.

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