The North America copper sulphate market reached a volume of 105,365 Tons in 2019. Copper sulphate (CuSO4), also known as cupric sulphate, is a chemical compound that naturally occurs in the chalcocyanite mineral. To produce copper sulphate for industrial purposes, copper metal or its oxides are treated with hot concentrated sulfuric acid or dilute sulfuric acid. It is highly miscible with a wide variety of solvents and contains beneficial fungicidal properties. Copper sulphate is used across diverse industries, such as mining, agriculture, pharmaceutical, textile, rubber and petroleum, for dyeing and electroplating.
At present, North America represents one of the largest markets for copper sulphate in the world owing to its increasing demand in the agriculture industry for controlling fungal diseases and maintaining copper deficiency in soils. Apart from this, copper sulphate is also used to limit the presence of algae in water bodies. In the pharmaceutical industry, copper sulphate is utilized in antiseptics and germicides against fungus infections for preventing malaria in the region. Looking forward, IMARC Group expects the market to reach a volume of 126,546 Tons by 2025, registering a CAGR of 3.1% during 2020-2025.
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