Key players include Wego Chemical Group, Allan Chemical Corporation, Atotech, NOAH Technologies Corporation, and Old Bridge Chemicals Inc, among others.
The global copper sulphate market attained a volume of 391.9 million tons in 2020. The market is further anticipated to grow at a CAGR of 4.1% during the forecast period of 2022-2027.
Copper sulphate or cupric sulphate (CuSO4) is a salt of copper in varying amounts of hydration. Most commonly, it is found as bright blue or green-coloured crystals, called pentahydrate (CuSO4.5H2O). Copper sulphate has a wide range of applications and has been used for ages to manufacture various products ranging from fungicides to paints. The global copper sulphate market is being driven by continuously increasing global population and an ever-growing demand for food.
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In 2020, Asia Pacific dominated the global copper sulphate market, and this dominance is expected to continue during the assessment period of 2022-2027. The region's need for copper sulphate is expected to rise due to the growing number of agricultural operations and the presence of numerous agricultural and animal husbandries. In addition, continued demand in developing economies like India and China is expected to support the market expansion.
In 2020, the agriculture category accounted for the majority of market share based on end-use. The increasing usage of copper sulphate as herbicides, fungicides, and insecticides is credited for the segment's growth. Copper sulphate is becoming more popular as an animal feed addition since it aids in body function.
Headquarters: Great Neck, New York, United States
Wego Chemical Group—a privately owned and operated firm—is a global supplier and distributor of chemicals, minerals, and raw materials. They offer various chemical products with diverse applications and uses, servicing a wide range of industrial and distribution markets. Since its inception in 1978, its philosophy has been founded upon the sourcing and development of competitive chemical supply originating from the Pacific Rim, emphasizing China, Taiwan, Korea, Japan, India, and Indonesia.
Headquarters: Ringwood, New Jersey, United States
Established in 1984, Allan Chemical Corporation is dedicated to providing customers with personal attention and value. Quality and service have been and continue to be their driving forces. They are importers and exporters with multiple warehouses, who work with well-respected domestic and international partners to provide prompt shipment and timely deliveries of high-quality chemical raw materials.
Headquarters: United Kingdom
Atotech is an international speciality chemical and equipment company. It provides chemistry and equipment for companies that manufacture printed circuit boards, IC-substrates, and semiconductors; and supplies speciality chemicals and equipment for decorative and functional surface finishing in the automotive, construction, furniture, and other industries.
Headquarters: San Antonio, Texas, United States
Noah Technologies Corp of Texas manufactures chemicals for research and production. The company offers inorganics, reagents, alkoxides, evaporating materials, intermetallics, custom synthesis, metals, rare earths, and ceramics. Now, more than 40 years later, NOAH has become an important partner, creating custom products used in new technologies.
Headquarters: Old Bridge, New Jersey, United States
Old Bridge Chemicals, Madison Industries and Madison Chemicals were established in 1962 and are significant suppliers of copper and zinc compounds and solutions, serving various chemical-related industries and focusing on a select number of products. Old Bridge concentrates on copper chemicals, Madison Industries on zinc chemicals and Madison Chemicals on USP and FCC grades for food and pharmaceutical applications.
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