Copper Oxychloride Market size is set to reach USD 333.6 million by 2024; according to a new research report by Global Market Insights, Inc.
Increasing population along with lessening arable land will boost copper oxychloride market size over the forecast timeframe. In 2010, the global population was approximately over 6.89 billion and reached up to 7 billion in 2015 with over 4.9% growth. On the other hand, total arable land witnessed growth only up to 3.4%, which increases high yielding crops demand with the help of agrochemicals including fungicide. In 2015, fungicide was the dominant application of copper oxychloride market. These are highly effective on tomatoes, potatoes, carnations, stone fruit, grapes, citrus, celery, coffee and avocados owing to boost industry growth.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/779
Improved consumer eating habits has driven fruits & vegetables industry significantly as they carry all vital nutrients including minerals, vitamins and roughage. In 2015, fruits & vegetables production was over 2 billion tons and might reach 2.35 billion tons by 2024. In addition, approximately 30% of total fungicide produced are utilized by fruits & vegetables, which consequently will boost copper oxychloride market share.
Numerous alternate crop protection products available in the industry may force product substitute threat, which may hinder copper oxychloride market size by 2024. For instance, Kocide Blue Xtra from DuPont has gained more attraction as it contains bioavailable copper. In addition, excessive product usage has resulted in settling of copper in the soil layer and pushes adverse environmental consequences such as soil infertility.
Browse key industry insights spread across 105 pages with 86 market data tables & 15 figures & charts from the report, “Copper Oxychloride Market Size By Application (Fungicide, Commercial Feed Supplement, Colorant & Pigments) Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024” in detail along with the table of contents:
Key insights from the report include: