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Copper Oxychloride Market Size in the commercial feed supplement to hit $8bn by 2024

Author : Ronak Bora | Published Date : 2019-08-08 

Copper oxychloride market size for commercial feed supplement shall exceed USD 8 million by 2024. It is used in feed formulations for most animal species such as turkeys, chickens, pigs, horses, dairy cattle, pets, and also for aquaculture.

Apart from the agriculture usage, the product is also applicable for commercial feed supplements and colorant & pigments. It is used in manuscripts, illuminations, and wall paintings. As per statistics, copper oxychloride market from colorants and pigment applications collected a revenue of USD 5 million in 2015 and will record considerable growth rate over the coming timeframe, owing to the surging demand of the product across the glass and ceramics manufacturing sector.

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Copper oxychloride market for fungicides must witness highest gains exceeding 4%. Increasing demand for high yielding crops in confined arable land will drive industry growth for fungicide. For instance, by 2050 farmers might have to upscale their crop yield by 50% according to the World Bank.

In 2015, colorants & pigments was valued at over 5 million. Copper oxychloride are extensively used to manufacture colorants & pigments for glass and ceramics. Furthermore, it is used in illuminations, manuscripts and wall paintings as a coloring agent.

Global requirement for fresh food pertaining to the increasing population will stimulate copper oxychloride market. Most farmers and landowners use this product to increase the crop yield. Growing awareness among the customers about the consumption of healthy and hygienic food will also influence the product demand. In addition, copper oxychloride industry is characterized by favorable government support promoting the usage of agrochemicals.

The product is mainly used for the maintenance of agricultural products by controlling bacterial impact. In most cases, the product is used while growing fruits and vegetables, owing to the fact that they contain essential vitamins and minerals. The demand for fruits and vegetables has always been on an all-time high in North America, owing to which North America copper oxychloride market will record notable annual growth rate over the coming seven years, having held a valuation of more than USD 55 million in 2015. U.S. will be the prominent revenue contributor for this region. To increase the crop production, farmers have been using this product across the U.S. on a significantly large scale, which will boost the regional copper oxychloride industry size notably.

In 2015 Asia Pacific, led by China, India and Japan copper oxychloride market generated revenue at over USD 55 million. Increasing population along with improving consumer eating habits will drive industry growth by 2024. Furthermore, strong industrialization in the region has decreased arable land owing to drive copper oxychloride market for fungicide.

In 2015, global copper oxychloride market is highly consolidated with three major companies accounting more than 50% of global share. Isagro S.p.A., IQV and Albaugh are the prominent industry players. Other industry share contributor are Syngenta, Biota Agro Solutions, Manica S.p.A., Spiess-Urania, Vimal Crop Care., Killicks Pharma and Greenriver.

Glimpse of Table of Content (ToC)

Chapter 3.        Copper Oxychloride Industry Insights

3.1.       Industry segmentation

3.2.       Industry Size and forecast, 2013 - 2024

3.3.       Industry ecosystem analysis

3.2.1.    Vendor matrix

3.4.       Industry Impact forces

3.4.1.    Growth drivers Increasing Need for Yield-enhancing Agrochemicals Rising Demand for Fruits and Vegetables and Ultimately Fungicides

3.4.2.    Industry pitfalls & challenges Availability of Substitute Products

3.5.       Growth potential analysis

3.6.       Porter's analysis

3.7        Company market share analysis, 2015

3.7.1.    Strategic dashboard

3.8.       PESTEL analysis

Chapter 4.        Copper Oxychloride Industry Application Insights

4.1.       Global copper oxychloride market share by application, 2015 & 2024

4.2.       Fungicide

4.2.1.    Market estimates and forecast, 2013 - 2024

4.2.2.    Market estimates and forecast, by region, 2013 – 2024

4.3.       Colorants & pigments

4.3.1.    Market estimates and forecast, 2013 - 2024

4.3.2.    Market estimates and forecast, by region, 2013 - 2024

4.4.       Commercial feed supplement

4.4.1.    Market estimates and forecast, 2013 - 2024

4.4.2.    Market estimates and forecast, by region, 2013 – 2024

4.5.       Others

4.5.1.    Market estimates and forecast, 2013 - 2024

4.5.2.    Market estimates and forecast, by region, 2013 – 2024

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/copper-oxychloride-market

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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