The Global Copper Chemicals Market size is expected to reach $4 billion by 2031, rising at a market growth of 6.3% CAGR during the forecast period. In the year 2023, the market attained a volume of 6,673.71 hundred Tonnes, experiencing a growth of 15.2% (2020-2023).
Copper chemicals impart hygienic and odor-control properties to textiles, including clothing, bedding, towels, and upholstery. The National Investment Promotion and Facilitation Agency's Invest India reports that the value of India's textile exports in FY 2021-22 exceeded US$ 44 billion, and the industry is expected to be worth $250 billion by 2025. India's domestic textile and apparel sector produced 7% of the value of all industries and contributed 2.3% to the nation's GDP. Hence, the Textile segment registered $193.12 million revenue in the year 2023. In terms of volume, 539.17 hundred tonnes of Copper chemicals are utilized in Textile industry in the year 2023. Antimicrobial textiles help maintain hygiene by preventing the growth of odor-causing bacteria and fungi, keeping textiles fresh and odor-free. The extensive use of copper chemicals will increase along with the expanding textile industry.
Rapid urbanization often leads to the conversion of agricultural land into urban areas. This can intensify agricultural activities in remaining rural areas, boosting the demand for copper chemicals as fungicides and bactericides in crop protection. Infrastructure development, including the construction of roads, bridges, and utilities, further drives up the demand for copper chemicals.
Additionally, Copper chemicals are extensively used in the solar energy sector, particularly in producing photovoltaic (PV) cells and solar panels. CIGS or copper indium gallium selenide and copper oxide are key materials used in thin-film solar cells, while copper is also utilized in the conductive components of solar panels. Copper chemicals are crucial in energy storage technologies, such as lithium-ion batteries and supercapacitors, which are essential for storing excess renewable energy. Hence, the expansion of the renewable energy sector will propel the demand for copper chemicals.
However, Fluctuations in copper prices directly affect the production costs of copper chemicals. As copper is a primary raw material for copper chemicals, any significant changes in copper prices can impact the overall production costs, squeezing profit margins for manufacturers. Price fluctuations can impact on their profitability and competitiveness in the market, affecting their overall growth and sustainability. Therefore, fluctuations in the prices of copper chemicals may hamper the growth of the market.
Type Outlook
By type, the market is divided into copper sulphate, copper oxychloride, cupric oxide, cuprous chloride, basic copper carbonate, cupric chloride, and others. In 2023, the copper sulphate segment held 45% revenue share in the market. In terms of volume, 6,441.57 hundred tonnes of copper sulphate would be utilized by the year 2031. Copper sulfate is a nutritional supplement in animal feed to prevent copper deficiency in livestock. This is because copper is an essential trace element for various animal physiological functions, including enzyme activity, bone formation, and immune system function.
Application Outlook
Based on application, the market is classified into agriculture, mining & metallurgy, ceramic, paints, textile, and others. The mining & metallurgy segment garnered 19% revenue share in the copper chemicals market in 2023. In terms of volume, it is expected that 1,780.82 hundred tonnes of Copper chemicals in mining & metallurgy field. Copper chemicals such as xanthates, dithiophosphates, and thiocarbamates are widely used as flotation reagents in the mining & metallurgy segment. They are used to selectively separate valuable minerals, including copper, lead, zinc, nickel, and gold, from their ores during the flotation process.
Regional Outlook
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2023, the Asia Pacific region led the market by generating 44% revenue share. In term of volume, 4,438.06 hundred tonnes of Copper Chemical would be utilized in this region by the year 2031. Asia Pacific is rich in mineral resources, and there is a growing demand for copper and other metals in various industries. Copper chemicals are used in the textile industry to produce antimicrobial fabrics for healthcare, personal protective equipment (PPE), sports and activewear, and home textiles in Asia Pacific.
List of Key Companies Profiled
- Bayer AG
- NOAH Technologies Corp.
- Jost Chemical Co.
- Sumitomo Metal Mining Co., Ltd.
- Pan-Continental Chemical Co., Ltd.
- Syngenta AG Group
- Shyam Chemicals Pvt. Ltd.
- Synthomer PLC (William Blythe Ltd.)
- Parikh Enterprises Pvt. Ltd.
- PERRYCHEM
Global Copper Chemicals Market Report Segmentation
By Application (Volume, Hundred Tonnes, USD Billion, 2020-2031)
- Agriculture
- Ceramic
- Textile
- Paints
- Mining & Metallurgy
- Others
By Type (Volume, Hundred Tonnes, USD Billion, 2020-2031)
- Copper Sulphate
- Copper Oxychloride
- Cupric Oxide
- Cuprous Chloride
- Basic Copper Carbonate
- Cupric Chloride
- Others
By Geography (Volume, Hundred Tonnes, USD Billion, 2020-2031)
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1Global Copper Chemicals Market, by Application
- 1.4.2Global Copper Chemicals Market, by Type
- 1.4.3Global Copper Chemicals Market, by Geography
- 1.5Methodology for the research
Chapter 2.Market at a Glance
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
- 3.3Porter Five Forces Analysis
Chapter 4.Global Copper Chemicals Market by Application
- 4.1Global Agriculture Market by Region
- 4.2Global Ceramic Market by Region
- 4.3Global Textile Market by Region
- 4.4Global Paints Market by Region
- 4.5Global Mining & Metallurgy Market by Region
- 4.6Global Others Market by Region
Chapter 5.Global Copper Chemicals Market by Type
- 5.1Global Copper Sulphate Market by Region
- 5.2Global Copper Oxychloride Market by Region
- 5.3Global Cupric Oxide Market by Region
- 5.4Global Cuprous Chloride Market by Region
- 5.5Global Basic Copper Carbonate Market by Region
- 5.6Global Cupric Chloride Market by Region
- 5.7Global Others Market by Region
Chapter 6.Global Copper Chemicals Market by Region
- 6.1North America Copper Chemicals Market
- 6.1.1North America Copper Chemicals Market by Application
- 6.1.1.1North America Agriculture Market by Country
- 6.1.1.2North America Ceramic Market by Country
- 6.1.1.3North America Textile Market by Country
- 6.1.1.4North America Paints Market by Country
- 6.1.1.5North America Mining & Metallurgy Market by Country
- 6.1.1.6North America Others Market by Country
- 6.1.2North America Copper Chemicals Market by Type
- 6.1.2.1North America Copper Sulphate Market by Country
- 6.1.2.2North America Copper Oxychloride Market by Country
- 6.1.2.3North America Cupric Oxide Market by Country
- 6.1.2.4North America Cuprous Chloride Market by Country
- 6.1.2.5North America Basic Copper Carbonate Market by Country
- 6.1.2.6North America Cupric Chloride Market by Country
- 6.1.2.7North America Others Market by Country
- 6.1.3North America Copper Chemicals Market by Country
- 6.1.3.1US Copper Chemicals Market
- 6.1.3.1.1US Copper Chemicals Market by Application
- 6.1.3.1.2US Copper Chemicals Market by Type
- 6.1.3.2Canada Copper Chemicals Market
- 6.1.3.2.1Canada Copper Chemicals Market by Application
- 6.1.3.2.2Canada Copper Chemicals Market by Type
- 6.1.3.3Mexico Copper Chemicals Market
- 6.1.3.3.1Mexico Copper Chemicals Market by Application
- 6.1.3.3.2Mexico Copper Chemicals Market by Type
- 6.1.3.4Rest of North America Copper Chemicals Market
- 6.1.3.4.1Rest of North America Copper Chemicals Market by Application
- 6.1.3.4.2Rest of North America Copper Chemicals Market by Type
- 6.2Europe Copper Chemicals Market
- 6.2.1Europe Copper Chemicals Market by Application
- 6.2.1.1Europe Agriculture Market by Country
- 6.2.1.2Europe Ceramic Market by Country
- 6.2.1.3Europe Textile Market by Country
- 6.2.1.4Europe Paints Market by Country
- 6.2.1.5Europe Mining & Metallurgy Market by Country
- 6.2.1.6Europe Others Market by Country
- 6.2.2Europe Copper Chemicals Market by Type
- 6.2.2.1Europe Copper Sulphate Market by Country
- 6.2.2.2Europe Copper Oxychloride Market by Country
- 6.2.2.3Europe Cupric Oxide Market by Country
- 6.2.2.4Europe Cuprous Chloride Market by Country
- 6.2.2.5Europe Basic Copper Carbonate Market by Country
- 6.2.2.6Europe Cupric Chloride Market by Country
- 6.2.2.7Europe Others Market by Country
- 6.2.3Europe Copper Chemicals Market by Country
- 6.2.3.1Germany Copper Chemicals Market
- 6.2.3.1.1Germany Copper Chemicals Market by Application
- 6.2.3.1.2Germany Copper Chemicals Market by Type
- 6.2.3.2UK Copper Chemicals Market
- 6.2.3.2.1UK Copper Chemicals Market by Application
- 6.2.3.2.2UK Copper Chemicals Market by Type
- 6.2.3.3France Copper Chemicals Market
- 6.2.3.3.1France Copper Chemicals Market by Application
- 6.2.3.3.2France Copper Chemicals Market by Type
- 6.2.3.4Russia Copper Chemicals Market
- 6.2.3.4.1Russia Copper Chemicals Market by Application
- 6.2.3.4.2Russia Copper Chemicals Market by Type
- 6.2.3.5Spain Copper Chemicals Market
- 6.2.3.5.1Spain Copper Chemicals Market by Application
- 6.2.3.5.2Spain Copper Chemicals Market by Type
- 6.2.3.6Italy Copper Chemicals Market
- 6.2.3.6.1Italy Copper Chemicals Market by Application
- 6.2.3.6.2Italy Copper Chemicals Market by Type
- 6.2.3.7Rest of Europe Copper Chemicals Market
- 6.2.3.7.1Rest of Europe Copper Chemicals Market by Application
- 6.2.3.7.2Rest of Europe Copper Chemicals Market by Type
- 6.3Asia Pacific Copper Chemicals Market
- 6.3.1Asia Pacific Copper Chemicals Market by Application
- 6.3.1.1Asia Pacific Agriculture Market by Country
- 6.3.1.2Asia Pacific Ceramic Market by Country
- 6.3.1.3Asia Pacific Textile Market by Country
- 6.3.1.4Asia Pacific Paints Market by Country
- 6.3.1.5Asia Pacific Mining & Metallurgy Market by Country
- 6.3.1.6Asia Pacific Others Market by Country
- 6.3.2Asia Pacific Copper Chemicals Market by Type
- 6.3.2.1Asia Pacific Copper Sulphate Market by Country
- 6.3.2.2Asia Pacific Copper Oxychloride Market by Country
- 6.3.2.3Asia Pacific Cupric Oxide Market by Country
- 6.3.2.4Asia Pacific Cuprous Chloride Market by Country
- 6.3.2.5Asia Pacific Basic Copper Carbonate Market by Country
- 6.3.2.6Asia Pacific Cupric Chloride Market by Country
- 6.3.2.7Asia Pacific Others Market by Country
- 6.3.3Asia Pacific Copper Chemicals Market by Country
- 6.3.3.1China Copper Chemicals Market
- 6.3.3.1.1China Copper Chemicals Market by Application
- 6.3.3.1.2China Copper Chemicals Market by Type
- 6.3.3.2India Copper Chemicals Market
- 6.3.3.2.1India Copper Chemicals Market by Application
- 6.3.3.2.2India Copper Chemicals Market by Type
- 6.3.3.3Japan Copper Chemicals Market
- 6.3.3.3.1Japan Copper Chemicals Market by Application
- 6.3.3.3.2Japan Copper Chemicals Market by Type
- 6.3.3.4South Korea Copper Chemicals Market
- 6.3.3.4.1South Korea Copper Chemicals Market by Application
- 6.3.3.4.2South Korea Copper Chemicals Market by Type
- 6.3.3.5Australia Copper Chemicals Market
- 6.3.3.5.1Australia Copper Chemicals Market by Application
- 6.3.3.5.2Australia Copper Chemicals Market by Type
- 6.3.3.6Thailand Copper Chemicals Market
- 6.3.3.6.1Thailand Copper Chemicals Market by Application
- 6.3.3.6.2Thailand Copper Chemicals Market by Type
- 6.3.3.7Rest of Asia Pacific Copper Chemicals Market
- 6.3.3.7.1Rest of Asia Pacific Copper Chemicals Market by Application
- 6.3.3.7.2Rest of Asia Pacific Copper Chemicals Market by Type
- 6.4LAMEA Copper Chemicals Market
- 6.4.1LAMEA Copper Chemicals Market by Application
- 6.4.1.1LAMEA Agriculture Market by Country
- 6.4.1.2LAMEA Ceramic Market by Country
- 6.4.1.3LAMEA Textile Market by Country
- 6.4.1.4LAMEA Paints Market by Country
- 6.4.1.5LAMEA Mining & Metallurgy Market by Country
- 6.4.1.6LAMEA Others Market by Country
- 6.4.2LAMEA Copper Chemicals Market by Type
- 6.4.2.1LAMEA Copper Sulphate Market by Country
- 6.4.2.2LAMEA Copper Oxychloride Market by Country
- 6.4.2.3LAMEA Cupric Oxide Market by Country
- 6.4.2.4LAMEA Cuprous Chloride Market by Country
- 6.4.2.5LAMEA Basic Copper Carbonate Market by Country
- 6.4.2.6LAMEA Cupric Chloride Market by Country
- 6.4.2.7LAMEA Others Market by Country
- 6.4.3LAMEA Copper Chemicals Market by Country
- 6.4.3.1Brazil Copper Chemicals Market
- 6.4.3.1.1Brazil Copper Chemicals Market by Application
- 6.4.3.1.2Brazil Copper Chemicals Market by Type
- 6.4.3.2Argentina Copper Chemicals Market
- 6.4.3.2.1Argentina Copper Chemicals Market by Application
- 6.4.3.2.2Argentina Copper Chemicals Market by Type
- 6.4.3.3Egypt Copper Chemicals Market
- 6.4.3.3.1Egypt Copper Chemicals Market by Application
- 6.4.3.3.2Egypt Copper Chemicals Market by Type
- 6.4.3.4Saudi Arabia Copper Chemicals Market
- 6.4.3.4.1Saudi Arabia Copper Chemicals Market by Application
- 6.4.3.4.2Saudi Arabia Copper Chemicals Market by Type
- 6.4.3.5South Africa Copper Chemicals Market
- 6.4.3.5.1South Africa Copper Chemicals Market by Application
- 6.4.3.5.2South Africa Copper Chemicals Market by Type
- 6.4.3.6Nigeria Copper Chemicals Market
- 6.4.3.6.1Nigeria Copper Chemicals Market by Application
- 6.4.3.6.2Nigeria Copper Chemicals Market by Type
- 6.4.3.7Rest of LAMEA Copper Chemicals Market
- 6.4.3.7.1Rest of LAMEA Copper Chemicals Market by Application
- 6.4.3.7.2Rest of LAMEA Copper Chemicals Market by Type
Chapter 7.Company Profiles
- 7.1Bayer AG
- 7.1.1Company Overview
- 7.1.2Financial Analysis
- 7.1.3Segmental and Regional Analysis
- 7.1.4Research & Development Expense
- 7.1.5SWOT Analysis
- 7.2NOAH Technologies Corp.
- 7.3Sumitomo Metal Mining Co., Ltd.
- 7.3.1Company Overview
- 7.3.2Financial Analysis
- 7.3.3Segmental and Regional Analysis
- 7.3.4Research & Development Expenses
- 7.4Pan-Continental Chemical Co., Ltd.
- 7.5Jost Chemical Co.
- 7.6Syngenta AG Group
- 7.6.1Company Overview
- 7.6.2Financial Analysis
- 7.6.3Segmental and Regional Analysis
- 7.6.4Research & Development Expenses
- 7.6.5SWOT Analysis
- 7.7Shyam Chemicals Pvt. Ltd.
- 7.8Synthomer PLC (William Blythe Ltd.)
- 7.8.1Company Overview
- 7.8.2Financial Analysis
- 7.8.3Segmental and Regional Analysis
- 7.8.4Research & Development Expenses
- 7.9Parikh Enterprises Pvt. Ltd.
- 7.10.PERRYCHEM
Chapter 8.Winning Imperatives of Copper Chemicals Market