EINPresswire/ -- Rise in infrastructure investments, growing use of copper sulfate in animal feed, and increasing adoption of electronic products are key factors driving the growth of the global copper sulfate market.

According to the report, the global copper sulfate industry generated $0.8 billion in 2020 and is projected to reach $1.3 billion by 2030, registering a CAGR of 5.4% from 2021 to 2030.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

Key Market Drivers

- Growing demand for electrical, electronic, and textile products is fueling market expansion.
- Rising global food demand has increased the use of agrochemicals, particularly copper sulfate-based fertilizers and pesticides.
- However, health concerns related to copper sulfate intake and shift toward eco-friendly agricultural products are expected to restrain market growth.
- Meanwhile, advancements in electrical and construction technologies are likely to create lucrative opportunities for industry participants.

Segment Insights:

By Type

- Pentahydrate segment accounted for the largest share in 2020 over two-fifths of the market and is expected to maintain its dominance through 2030.
- Growth is driven by population rise, food demand, and extensive use in agriculture for insecticides, fungicides, and soil enrichment.
- The Anhydrous segment is projected to witness the highest CAGR of 5.4% during the forecast period.

By Application

- Agriculture segment held the largest share in 2020 over two-fifths of the global market and will continue to lead by 2030.
- Increased investment in high-quality agrochemicals to boost crop yield drives growth.
- The Chemicals segment is expected to grow at the highest CAGR of 6.5% from 2021 to 2030.

Regional Analysis

- Asia-Pacific, followed by North America, dominated the global copper sulfate market in 2020, accounting for nearly one-third of total revenue.
- The region is also expected to exhibit the highest CAGR of 6.7% through 2030, driven by large-scale agricultural demand in China and India, where population growth continues to push the need for enhanced crop yields.

Leading Market Players:

- Blue Line Corp.
- Beneut Enterprise Co. Ltd.
- Sumitomo Metal Mining Co. Ltd.
- Changsha Haolin Chemicals Co. Ltd.
- Highnic Group
- Noah Technologies Corp.
- MEEK Industrial Group
- Old Bridge Chemicals Inc.
- Univertical LLC
- JX Nippon Mining & Metals Corp.

𝐖𝐚𝐧𝐭 𝐭𝐨 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐚𝐥 𝐃𝐚𝐭𝐚 𝐚𝐧𝐝 𝐆𝐫𝐚𝐩𝐡𝐬, 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬' 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬:

About Us

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