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COVID-19
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“ Decline in demand for copper sulfate in the electronic and other industries have negative impact on the market during this
pandemic period.
Copper sulfate is an inorganic compound with the chemical formula CuSO4 (H2O)x where “x” denotes number of water molecules.
Pentahydrate of copper sulfate is the most common form and can also be known as blue stone, blue vitriol, and roman vitriol. It is blue in
color and exothermically dissolves in water to give a complex solution. It consists of 25.47% copper, 38.47% sulfate and 36.06% water by
mass. Anhydrous copper sulfate is a light grey powder in which 39.81% copper and 60.19% sulfate by mass is present. Industrially it is
produced by treating copper metal with hot concentrated sulfuric acid or the oxides of dilute sulfuric acid. It can also be produced by
leaching low grade copper ore in air which is a time-consuming process but can be completed quickly using a specific-bacterium. It is one
of the major raw materials used in fertilizer industries to make fungicides and pesticides. Copper sulfate has applications in several end
uses such as chemicals, agriculture, healthcare, construction, mining & metallurgy, and others. Increase in population and development
of technology has provided comfortable life lead to decrease in material resources, especially related to food. Copper sulfate is
extensively used in the agriculture particularly as a fungicide. It is also widely used as an animal feed addition, where copper is needed for
animals to keep their optimal body functioning. Rapid development in the use of electrical and electronic products requires huge amount
of copper for electrical conduction. It is often used as an electrolyte in the metal and electrical industries for application such as refining,
electroplating, and battery development. Rise in need for energy storage devices in small-scale and large-scale electronic projects is
increasing demand for copper sulfate across the globe. Increase in investments by developing countries for developments of various
infrastructures that require copper sulfate in variety of activities propels the market growth. Rise in need for material resources have
increased the mining sector where copper sulfate is used as a flotation reagent in concentration ores and as raw materials for copper
naphthenate and other copper compounds, which are used as anti-fouling agents in the paint industry. The above-mentioned
applications are expected to provide ample opportunities for growth of the copper sulfate market.
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Copper sulfate has mild toxins as they are made by heating copper and sulphuric acid. Long-time intake or exposition to this product has
health effects. Hence, demand for copper sulfate is declining in most consumer nations. Increase in awareness among people regarding
organic foods, and pollution caused by tanning in textile and leather industry are some factors that hamper growth of the copper sulfate
market during the forecast period.
The global copper sulfate market is segmented on the basis of form, application, and region.
On the basis of form, the global copper sulfate market is segmented into anhydrous, pentahydrate, and others. The applications covered
in the study include chemicals, agriculture, construction, healthcare, mining & metallurgy, and others.
Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Presently, Asia-Pacific accounts for the largest
share of the market, followed by North America and Europe.
The major companies profiled in this report include Beneut Enterprise Co. Ltd., Blue Line Corp., Changsha Haolin Chemicals Co. Ltd.,
Highnic Group, JX Nippon Mining & Metals Corp., NEKK Industrial Group, Noah Technologies Corp., Old Bridge Chemicals Inc., Sumitomo
Metal Mining Co. Ltd., and Univertical LL.
Global Copper Sulfate Market, By Region
Asia-Pacific accounted for a major market share in 2020, owing to demand from the agriculture, construction, and healthcare industry
coupled with increasing number of agricultural activities in the region.
Copper Sulfate Market
By Region
2030
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The agriculture segment accounted for a major share in the copper sulfate market in 2020 as copper sulfate is highly employed in
fungicides, herbicides, fertilizers, etc. coupled with increasing demand of copper sulfate in agriculture sector for protection of fruits,
vegetables and other crops from bacterial and fungal growth.
Copper Sulfate Market
By Application
The global copper sulfate market analysis covers in-depth information of major industry participants.
Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for
strategy building.
Major countries have been mapped according to their individual revenue contribution to the regional market.
The report provides in-depth analysis of the global copper sulfate market forecast for the period 2021–2030.
The report outlines the current global copper sulfate market trends and future scenario of the global copper sulfate market from
2020 to 2030 to understand the prevailing opportunities and potential investment pockets.
Key drivers, restraints, & opportunities and their detailed impact analysis are explained in the global copper sulfate market study.
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Emergence of COVID-19 had a negative impact on growth of the global copper sulfate market for a more than 18 months in
industrial sector.
Copper Copper
Sulfatesulfate
Markethas high cost during this pandemic period due to the price of copper oxide and sulphuric acid cost due to various
restrictionsAnalysis
Global Opportunity on regional supply
and Industry due to
Forecast, lockdown which lead to transportation shutdown.
2021–2030
Decline
Published in2021
Date: Aug demand
| Pages for
: 350copper sulfate in the electronic and other industries have negative impact on the market during this period in
these sectors. Outbreak of pandemic created asubstantial shift of increase .in demand of copper sulfate from the health care
help@alliedmarketresearch.com
industry.
Growth in awareness among the people towards the eco-friendly products during this pandemic time as copper sulfate is an
unnecessary danger and water can be contaminated in the ponds and lakes which can be harmful to animals and people.
Outbreak of COVID-19 halted the many infrastructure projects in the developing countries which also lead to decline of demand of
this product in this sector.
Thus, the abovementioned factors are expected to have positive impact of the global copper sulfate market growth in current times
in the infrastructure development of developed countries.
By Type
Anhydrous
Pentahydrate
Others
By Application
Chemicals
Agriculture
Construction
Healthcare
Mining and Metallurgy
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
Italy
Spain
UK
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
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Aspects Details
Anhydrous
Copper
By TYPE
Sulfate Market Pentahyrate
Global Opportunity Analysis and Industry Forecast, 2021–2030
Others
Published Date: Aug 2021 | Pages : 350
Chemicals
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Agriculture
Construction
By APPLICATION
Healthcare
Mining and Metallurgy
Others
North America (U.S., Canada, Mexico)
Europe (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
By Region Asia-Pacific (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of
Asia-Pacific)
LAMEA (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
Noah Technologies Corp., NEKK Industrial Group, Univertical LL, Sumitomo Metal Mining Co. Ltd., JX
Key Market Players Nippon Mining & Metals Corp., Old Bridge Chemicals Inc., Highnic Group, Beneut Enterprise Co. Ltd.,
Changsha Haolin Chemicals Co. Ltd., Blue Line Corp.
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Q1. What are the key factors boosting the copper sulfate market growth?
Q2. What will be the market value of copper sulfate in the forecast period 2021 to 2030?
Q3. What are the most established players of the global copper sulfate market?
Q4. Which industry is projected to increase the demand for copper sulfate Market?
Q7. Which applications are expected to drive the adoption of copper sulfate?
Q8. How will the COVID-19 pandemic impact the copper sulfate market in 2021?
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