Copper Oxychloride Market is set to grow exponentially to 2024
Category: #business  By Ronak Bora  Date: 2020-02-01
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Copper Oxychloride Market is set to grow exponentially to 2024

Decresearch has recently published a study titled ‘Global Copper Oxychloride Market Research Report’. In this report, analysts have provided a detailed evaluation of the global copper oxychloride market. The report is inclusive of a completely comprehensive study of the copper oxychloride Market alongside all the important factors that are likely to have an impact on the commercialization matrix of the market.

A highly methodical quantitative as well as qualitative analysis of the global copper oxychloride market has been covered in the report. The study evaluates the numerous aspect of this industry by studying its historical and forecast data. Also provided in the research report are a Porter’s five force model, in tandem with the SWOT analysis and PESTEL analysis of the copper oxychloride market.

Request sample copy of this report @ https://www.decresearch.com/request-sample/detail/779

The report covers various areas such as copper oxychloride market size, segmental analysis, regional growth opportunities, drivers and constraints, major vendors in the market, as well as the competitive landscape.

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. According to Global Market Insights, Inc., “Worldwide Copper Oxychloride Market generated a revenue of USD 230 million in 2015 and will register an annual growth rate of more than 4% over the period of 2016 to 2024.”

Rapid industrialization across the globe is one of the most notable factors fueling copper oxychloride market. Subject to the decreasing arable land and the surging need to improve land productivity, Asia Pacific copper oxychloride market will exhibit an annual growth rate of more than 4% over the coming seven years, having collected a revenue of USD 55 million in 2015. The growth can also be attributed to the rising demand for vegetables and fruits pertaining to escalating population along with rapidly changing eating habits of consumers. India and China will contribute significantly toward the APAC copper oxychloride market share.

In-depth table of contents @ https://www.decresearch.com/toc/detail/copper-oxychloride-market

North America copper oxychloride market, worth USD 55 million in 2015, is projected to witness a substantial surge over the coming seven years, subject to the escalated demand for agrochemicals in farming to increase the yield of crops & vegetables. The U.S. is projected to drive the regional share.

Copper oxychloride finds wide applications in colorants & pigments, fungicides, and commercial feed supplements. Colorants & pigments applications, which generated a revenue of more than USD 5 million in 2015, are predicted to make noteworthy contributions toward copper oxychloride market share over the span of the coming years. The growth can be attributed to the mounting use of the product in colorants & pigments for glass and ceramics. The product’s use as a coloring agent in manuscripts, wall paintings, and illuminations will further boost the revenue.

Copper oxychloride market size in fungicides is expected to register a CAGR of more than 4% over the coming seven years, driven by widespread use of the product in agriculture to improve the crop harvest across the limited cultivable land. Commercial feed supplements applications segment is forecast to accrue income greater than USD 8 million by 2024. The growth is driven by the extensive product usage in animal feed preparations.

Request for discount @ https://www.decresearch.com/request-discount/779

Biota Agro Solutions Private Limited, Manica S.p.A., Killicks Pharma, Greenriver Industry Company Limited, Isagro S.p.A, Albaugh LLC, Syngenta AG, Spiess-Urania, and Vimal Crop Care Private Limited are the key participants of copper oxychloride industry.

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About Author

Ronak Bora

Ronak Bora    

A graduate in Electronics Engineering, Ronak writes for Technology Magazine 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 spo...

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