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According to the latest report by IMARC Group titled, “Copper Sulphate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global copper sulphate market reached a volume of 406.8 Kilo Tons in 2020. 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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Global 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. On account of these factors, IMARC Group expects the market to exhibit moderate growth during 2021-2026.
Market Summary:
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