Copper Oxychloride Market Analysis

Copper Oxychloride Market Analysis

Copper oxychloride market share for fungicides is forecast to experience highest growth at over 4%. It is used as agricultural fungicide to manufacture of crop protection chemicals. These are highly efficient fungicide for potatoes, tomatoes, stone fruit, grapes, celery, citrus, carnations, avocados and coffee.

Colorants & pigments generated revenue more than 5 million in 2015. Copper oxychloride is used to manufacture colorants and pigments for ceramics and glass. As a coloring agent, it is used in wall paintings, illuminations and manuscripts.

North America, particularly led by the U.S. oxychloride market size was valued at over USD 55 million in 2015. Increasing food demand in the U.S. will boost agrochemicals use for crop production. This ultimately should increase the copper oxychloride market sales over the forecast timeframe.

Asia Pacific is projected to expand at over 4% CAGR through 2024. The regional growth is mainly propelled by improving consumer food habits, resulting in escalating fruits & vegetables demand, along with rapidly decreasing arable land due to robust industrialization, mainly in China and India.