Global Copper Sulfate Pentahydrate Market Outlook 2017-2022

The global copper sulfate pentahydrate market is set to grow at an exponential CAGR of 3% by 2022 attributed to a growing emphasis on expanding the product portfolios. Copper sulfate is an inorganic compound that is mainly known for its use as copper salts for various industrial application. Commercially it is produced by mixing a certain amount of metal salts with a corresponding quantity of sulfuric acid. It is ubiquitous in nature and is recommended as for both human and animal dietary supplement. Conventionally it has been used in horticulture to prevent damping off in seedlings over past several decades. 

“A number of scientific research activities have evaluated copper sulfate pentahydrate as highly inflammable, non-explosive and non-oxidizing. Its physicochemical characteristics are deemed acceptable for the preservation and transportation of biocidal goods at appropriate dosage estimated to protect human health and the environment.” 

The major barriers restricting entry to the copper sulfate pentahydrate market space include a regulatory requirement, product development costs, huge capital investments, and intellectual property privileges. Also, the neuroticism associated with Copper usage is further hindering product adoption. 

Market segmentation based on type includes industrial grade, feed grade, agricultural grade, and electroplating grade. The copper sulfate pentahydrate market can be divided into aquaculture, agriculture & forestry, electroplating and galvanic metal, chemical industry, mine, and other end-user industries.

Copper Sulfate Pentahydrate Market split based on the geographical landscape comprises North America, Middle East & Africa, Western Europe, Eastern Europe, Latin America, and Asia-Pacific. The Asia Pacific region is accounted to be the fastest growing due to an increase in the concentration of emerging players striving to capitalize on growing demands, altering demographics and lifestyle.  

The competitive landscape of copper sulfate pentahydrate market encompasses an array of highly acclaimed contenders such as Laiwu Iron and Steel Group, Jinchuan Group, Jiangxi Copper, Highnic Group, G.G.Manufacturers, Old Bridge Chemicals, Green Mountain, Sumitomo, Blue Line Corporation, Univertical, Beneut, Mitsubishi, Suzhou Huahang Chemical Technology Co. Ltd, Bakirsulfat, and Mani Agro Industries among others. This industry is highly competitive in nature, restricting the entrance of savvy entrants who lack upstream monetary support to gain a technical advantage. 

Copper sulfate pentahydrate has been registered on the National List of permitted synthetic substances used in organic livestock as a topical treatment, local anesthetic or external parasiticide. Copper sulfate ions have been reported to exhibit significant antimicrobial activity against a wide range of anaerobic /aerobic bacteria and fungi. Numerous ongoing investigations in the scientific literature on copper sulfate pentahydrate exerts its biocidal effect.

The mechanisms by which copper sulfate pentahydrate employs its biocidal effect is a source of ongoing investigations in different scientific pieces of literature. 

The copper sulfate pentahydrate market poses a multitude of challenges for the business participants and is gaining a critical understanding of these pitfalls have impelled the contenders to pander strategic merger & acquisition activities with their fellow candidates. They have identified the cost of resources, former growth statistics, sales volume, and future prospects. The industry participants are aware of this persuasive competitive nature of the market and are striving to drive the overall profitability and revenue growth.

The global market for copper sulfate pentahydrate will grow at a CAGR of 3% by 2022, according to a new report published by Gen Consulting Company. The report segments the market and forecasts its size, by volume and value, on the basis of application (fungicide, animal nutrient, electroplate, mining, etc.), and by geography (North America, Europe, Asia-Pacific, MEA and South America).

The report covers forecast and analysis for the copper sulfate pentahydrate market on a global and regional level. The study provides historic data of 2012-2016 along with a forecast from 2017 to 2022 based on both output/volume and revenue. The study then describes the drivers and restraints for the copper sulfate pentahydrate market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the copper sulfate pentahydrate market on a global level.

The report has been prepared based on the synthesis, analysis, and interpretation of information about the global copper sulfate pentahydrate market collected from specialized sources. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. Company overview, financial overview, product portfolio, new project launched, recent development analysis are the parameters included in the profile.

Demand for this market rises from the fungicide, animal nutrient, electroplate, mining, and other applications. All the segments have been analyzed based on present and future trends and the market is estimated from 2017 to 2022. Relevantly, the report and company profiles specify the key drivers that are impacting the demand in global copper sulfate pentahydrate market.

Key Applications
- Fungicide
- Animal Nutrient
- Electroplate
- Mining

Key Regions
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America

Key Vendors
- HengYang XinJin
- Jiangxi Copper
- Jinchuan Group
- NEKK Industrial
- Old Bridge Chemicals
- Uralelektromed
- Xintai Copper Industrial
- Yingkou Fuxing
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Key Questions Answered in this Report
- What will the market size be in 2022?
- What are the key factors driving the global copper sulfate pentahydrate market?
- What are the challenges to market growth?
- Who are the key players in the copper sulfate pentahydrate market?
- What are the market opportunities and threats faced by the key players?