North America Copper Sulphate Market to Grow at 2.38% During 2024-2032, Propelled by Rising Product Demand in the Agriculture Industry

October 12, 2022 | Chemical & Materials

The latest report by IMARC, titled “North America Copper Sulphate Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, finds that the North America copper sulphate market is expected to grow at a CAGR of 2.38% during 2024-2032. Copper sulphate, also known as driven or cupric sulphate, is a chemical compound that naturally occurs in the chalcocyanite mineral. It is found in bright blue or green colored crystals called pentahydrate. It is produced by treating copper metal or its oxides with hot concentrated sulfuric or dilute sulfuric acid. It is miscible with a variety of solvents and possesses beneficial fungicidal properties. In recent years, copper sulphate has gained momentum due to its extensive employment in numerous industry verticals, such as agriculture, mining, pharmaceutical, rubber, textile and petroleum, for dyeing and electroplating.

North America Copper Sulphate Market Trends:

One of the primary factors driving the market is the rising product demand in the agriculture industry for controlling fungal diseases while maintaining copper deficiency in soils. Additionally, copper sulphate is used in the pharmaceutical industry in antiseptics and germicides against fungus infections to prevent malaria in the region. Other than this, the employment of copper sulphate limits the presence of algae in water bodies, thereby catalyzing the market growth. Besides this, copper sulphate is utilized as an adhesive in the production of glues and paints. Along with this, it finds application in the metal and electrical industry for electroplating, refining and development of batteries. Furthermore, the employment of copper sulphate for the preparation of various reagents, such as Benedict’s solution, Fehling’s solution, and Biuret reagent, is propelling the market growth. Moreover, its usage as an additive in animal feed, rising population and the constantly increasing food demand across the region are some of the other growth-inducing factors.

Market Summary:

Based on the end use, the market has been divided into agriculture, mining and metallurgy, chemicals, construction, and healthcare.
Region-wise, the market has been classified into United States, Canada, and Mexico.
The competitive landscape of the market has been examined in the report, with the detailed profiles of the key players operative in the industry.

Report Scope:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	Tons
Segment Coverage	End-Use, Country
Countries Covered	United States, Canada, Mexico
Customization Scope	10% Free Customization
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North America Copper Sulphate Market to Grow at 2.38% During 2024-2032, Propelled by Rising Product Demand in the Agriculture Industry

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