Feb 20, 2018   SOURCE: PR NewsWire

Global Copper Oxychloride Market 2017-2021 to Grow at a CAGR of 4.52% with Albaugh, IQV, Isagro, Killicks Pharma and Manica Dominating

DUBLIN, Feb. 20, 2018 /PRNewswire/ --

The "Global Copper Oxychloride Market 2017-2021" report has been added to ResearchAndMarkets.com's offering.

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Global copper oxychloride market to grow at a CAGR of 4.52% during the period 2017-2021.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is Increase in key market penetration strategies by prominent industry players. The global copper oxychloride market has witnessed prominent vendors in the market competing for a bigger market share, particularly in APAC. Among the various strategies used, some of 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 December 2014. The long-term license was to evaluate the exploitation associated with various combination products regarding copper oxychloride production in China, Taiwan, and Indonesia. Similarly, Albaugh claimed to have announced an agreement with Marrone Bio Innovations (MBI) to enhance the production of copper oxychloride.

According to the report, one of the major drivers for this market is Competitive advantage of copper oxychloride over its substitutes. The global copper oxychloride market faces a threat of substitutes. Some popular substitutes are Bordeaux mixture, cupric hydroxide, copper arsenate, copper oleate, and copper sulfate. However, copper oxychloride has a competitive advantage over its substitutes in different applications, especially in fungicides. Copper oxychloride holds more than 90% of the market share in the fungicide segment. Therefore, the growth of the global fungicide market will augment the demand for copper oxychloride.

Further, the report states that one of the major factors hindering the growth of this market is Fluctuations in the prices of copper restraining market growth. The production of copper oxychloride includes copper and hydrochloric acid. Though there are different methods to produce copper oxychloride, the finished cost of the product largely depends upon the price of copper. Fluctuations in the price of copper reflect on the prices of copper oxychloride production through the value chain over various stages. Further, the price of copper depends upon the ability of suppliers to extract the metal, followed by transporting it to the manufacturers of copper compounds. Some of the other factors that influence the price include interest rates, economic growth, and political considerations in different countries. The extent of availability of copper substitutes also has a bearing on the price. An increase in the price could also lead to increased use of metals such as aluminum, as a substitute for copper in refrigeration tuber, power cables, and electrical equipment.

Key Vendors

    --  Albaugh
    --  IQV
    --  Isagro
    --  Killicks Pharma
    --  Manica

Other Prominent Vendors

    --  Biota Agro Solutions
    --  Greenriver Industry
    --  SPIESS-URANIA
    --  Vimal Crop Care

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation by Application

Part 07: Regional Landscape

Part 08: Decision Framework

Part 09: Drivers and Challenges

Part 10: Market Trends

Part 11: Vendor Landscape

Part 12: Key Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/hfnt45/global_copper?w=5

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SOURCE Research and Markets