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The Copper Sulphate Market to reach 496.2 Kilo Tons by 2027, exhibiting a CAGR of 3.07% during 2022-2027.
SHERIDAN, WY, USA, September 15, 2022 /EINPresswire.com / -- According to IMARC Group's latest report, titled“Copper Sulphate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”. the global copper sulphate market size reached a volume of 409.8 Kilo Tons in 2021. Looking forward, IMARC Group expects the market to reach 496.2 Kilo Tons by 2027, exhibiting a CAGR of 3.07% during 2022-2027.
Copper sulphate (CuSO4) is a salt of copper that is commonly found in the form of bright blue- or green-colored crystals. It occurs in different amounts of hydration, due to which it is also called bluestone, roman vitriol, vitriol of copper and blue vitriol. It is non-combustible with a melting point of 200°C. The toxicity level of copper sulphate depends on the copper content in the compound. Moreover, it finds several industrial applications in textiles, leather, wood, batteries, ink , petroleum, paint, and metal.
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Copper Sulphate Market Trends:
The market is primarily driven by the increasing application of CuSO4 across diverse industries. It is used in the chemical industry for glass purification, as a catalyst, and as a copper source. In addition, CuSO4 is increasingly adopted in the electrical industry for various applications such as electroplating, refining, and development of batteries. Besides this, an increasing number of agricultural activities have fueled the demand for agrochemical products such as herbicides and insecticides, which represents a major growth-inducing factor. CuSO4 is widely used in the agriculture sector as a fungicide and as an animal feed supplement to maintain proper body function. Moreover, CuSO4 is also utilized as an analytical reagent to prepare several reagents such as Fehling's solution, Benedict's solution, and Biuret reagent.
Copper Sulphate Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the copper sulphate market has also been analyzed in the report.
Key Market Segmentation:
The report has segmented the copper sulphate market on the basis of end-use and region.
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)
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Key Highlights of the Report:
•Market Performance (2016-2021)
•Market Outlook (2022-2027)
•Market Trends
•Market Drivers and Success Factors
•Impact of COVID-19
•Value Chain Analysis
•Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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