Global Copper Oxychloride Market 2017-2021

This industry research report identifies Albaugh, IQV, Isagro, Killicks Pharma, and Manica as the key vendors in the global copper oxychloride market. A comprehensive analysis of this market is also presented by application (fungicide, commercial feed supplement, colorants and pigments, and others) and by geography (the Americas, APAC, and EMEA).

Overview of the global copper oxychloride market

According to Technavio’s research analysis, the advantages of copper oxychloride over its substitutes will be one of the major factors that will have a positive impact on the global copper oxychloride market during the forecast period. Factors such as higher copper content and lesser storing and transport costs is driving the demand for copper oxychloride in the commercial feed segment. In addition, the water-insoluble nature and moisture resistance of copper oxychloride assist in elimination of probable damage that inorganic compounds cause to feed nutrients and these are also preferred for its excellent antibacterial properties helping in improving the immune system of animals. The rising preference of copper oxychloride as a commercial feed will be a driving factor for the global copper oxychloride market during the forecast period. Our analysts have predicted that this market will grow at a CAGR of almost 5% by 2021.

The rising adoption of market penetration strategies by prominent industry players is one of the key trends that will contribute to this market growth. The key vendors in this market are increasingly competing for a larger market share, particularly in APAC. Between the many strategies used by these vendors, the most common ones are mergers, joint ventures, acquisitions, and long-term licenses. For instance, Isagro signed a development, distribution, and supply agreement, and long-term license with Rotam Agrochemical Company in 2014. This was to assess the exploitation related with many combination products regarding copper oxychloride production in China, Taiwan, and Indonesia.

Competitive landscape and key vendors

The copper oxychloride market consists of key market players holding a major portion of this market. The key vendors are looking at expanding geographically, mainly in developing regions such as the APAC. Some of the strategies used by the vendors are acquisitions, mergers, joint ventures, and long-term licenses.

The leading vendors in the market are –

• Albaugh
• IQV
• Isagro
• Killicks Pharma
• Manica

The other prominent vendors in the market are Biota Agro Solutions, Greenriver Industry, SPIESS-URANIA, and Vimal Crop Care.

Segmentation by application and analysis of the copper oxychloride market

• Fungicide
• Commercial feed supplement
• Colorants and pigments

During 2016, the fungicide application segment accounted for the major shares of the copper oxychloride market. Factors such as the increasing use of copper oxychloride in agricultural fungicides due to a less soluble chemicals will contribute to the growth of the copper oxychloride fungicide market in the coming years.

Geographical segmentation and analysis of the copper oxychloride market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the copper oxychloride market throughout the forecast period. The rising demand for food and increasing need for copper oxychloride to be used as a fungicide for crop protection will drive the market growth in the region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global copper oxychloride market?
• What are the key market trends impacting the growth of the global copper oxychloride market?
• What are the challenges to market growth?
• Who are the key vendors in the global copper oxychloride market?
• What are the market opportunities and threats faced by the vendors in the global copper oxychloride market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global copper oxychloride market?

Technavio also offers customization on reports based on specific client requirement.