Copper Fungicides Market Size and Growth Rate:

“The Global Copper Fungicides Market is expected to reach US$ 894.9 Mn by 2022 owing to surge in protection of plants from different diseases”

Copper Fungicides Market Growth Drivers and Restraints:

The global copper fungicides market is expected to reach US$ 894.9 Mn by 2022. Copper (Cu) is used for more than 250 years as plant protection product in agriculture. The global copper fungicides market is driven by its increased usage in all major crop plants; they are used in both organic and conventional farming. They are important from nutritional, economic and social aspects. The major plant crops in which copper fungicides are used to control fungal diseases are: vine grape for control of downy mildew (Plasmopara viticola), potato and tomato for control of potato blight (Phytophtora infestans), pome fruit trees for control of scab (Venturia inaequalis), peaches and nectarines for control of peach leaf curl disease (Taphrina deformans), olives for control of olive peacock spot (Cycloconium oleaginum), and numerous other diseases. Additionally, bacterial diseases can also be suppressed by using these copper fungisides. However, accumulation of copper on the plant tissue in lack of rainfall leads to phytotoxicity, this led to reluctance of farmers to use copper fungicides and hamper the growth of global copper fungicides market.

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Fruits & Vegetables Dominate the Global Copper Fungicides Market

Based on the application, global copper fungicides market is segmented into fruits, vegetables, and others. Fruits & vegetables dominated the global copper fungicides market due to its increasing susceptibility of rotting through various fungal and bacterial diseases and increase in consumption rate.

Asia Pacific Leads the Global Copper Fungicides Market

PBI’s global copper fungicides market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis, Asia Pacific dominated the global copper fungicides market through 2012-2018 and expected to dominate over 2019-2022 owing to the presence of key market players especially in country like China, their emerging economies, increasing population, and technological advancements. After China, Europe, and North America leads the global copper fungicides market due to their increased crop production by the locals, and increased demand of fresh fruits and vegetables among the people.
Launch of newer products, and strategic alliances are the key strategies adopted by market players

Global copper fungicides market further reveals that the key player’s increasingly adopting strategies such as launch of products, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance, In April 2017, Bayer Crop Science launched their product “Agrocopper (copper sulfate pentahydrate)” in Chile, to control the fungal and bacterial diseases in the crops.

Key player’s profiles in the report are IQV Matholding Group (Spain), NORDOX (Norway), Albaugh (North America), Spiess-Urania Chemicals GmbH (Germany), Nufarm (Australia), Zhejiang Hisun Chemical CO, LTD, (China), UPL (India), Zhejiang Longwan Chemicals Co. Ltd. (China), Jiangxi Heyi Pesticide & Chemical Co. Ltd. (China), Bayer Crop Science (Thane), and Certis USA.

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Detailed Segmentation of Copper Fungicides Market:

By Product Type
• HA-Cu
• Mixed Amino-Acid-Cu, Zn, Mn, Mg Complex
• Copper Sulfate
• Mixed Amino-Acid-Cu
• Copper Sulfate Basic
• Copper Calcium Sulphate

By Application
• Vegetable
• Fruits
• Others

Geography

o North America
o Europe
o Asia-Pacific
o Latin America
o Middle East and Africa (MEA)

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