수산화 구리 시장 예측(-2030년) : 유형, 형상, 용도별, 지역별 세계 분석

According to Stratistics MRC, the Global Copper Hydroxide Market is accounted for $595.2 million in 2024 and is expected to reach $965.7 million by 2030 growing at a CAGR of 8.4% during the forecast period. Copper hydroxide, with the chemical formula Cu (OH) 2, is an inorganic compound composed of copper, oxygen, and hydrogen. It appears as a pale blue or blue-green solid, often used as a fungicide, bactericide, and algaecide in agriculture to control plant diseases. It is also utilized as a precursor in the production of other copper compounds and in ceramics. Copper hydroxide is sparingly soluble in water but dissolves in acids and ammonia, forming soluble complexes. It occurs naturally as the mineral spertiniite.

Market Dynamics:

Driver:

Growing agricultural demand

Growing agricultural demand with rising global food consumption, the need for higher crop yields and quality has surged, promoting the adoption of crop protection solutions like copper hydroxide. It is widely used to control fungal diseases in fruits, vegetables, and cash crops, ensuring healthier produce. Additionally, sustainable farming practices are encouraging the use of copper-based, eco-friendly solutions. Regions with expanding agricultural activities, such as Asia-Pacific and Latin America, are experiencing heightened demand. This growing reliance on advanced crop protection tools continues to propel the copper hydroxide market forward.

Restraint:

Environmental and health concerns

Excessive use of copper hydroxide in agriculture can lead to soil and water contamination, harming ecosystems and reducing biodiversity. Prolonged exposure to copper-based compounds can pose health risks, such as respiratory issues and skin irritation, for workers and nearby populations. Regulatory bodies have imposed strict guidelines and limits on copper-based pesticides to minimize environmental and health hazards. Compliance with these regulations increases production costs, discouraging its widespread adoption. These concerns are prompting the search for safer, eco-friendly alternatives, further restraining the growth of the copper hydroxide market.

Opportunity:

Rising organic farming practices

Copper Hydroxide is widely used in organic farming as a fungicide, providing an effective solution for controlling various plant diseases without harming the environment. As consumers shift towards organic food, farmers are adopting sustainable methods, further boosting the need for copper-based fungicides. The growing preference for chemical-free products encourages the adoption of copper hydroxide in organic farming systems globally. Additionally, organic certification requirements often limit the use of synthetic chemicals, making copper hydroxide a preferred alternative. This trend is expected to fuel the copper hydroxide market, aligning with the broader shift towards sustainable agricultural practices.

Threat:

Substitution by alternatives

Advanced materials like copper oxychloride and synthetic fungicides offer similar efficacy but often are at lower costs, driving industries to adopt them. In agriculture, alternatives like organic and bio-based fungicides are increasingly preferred for their eco-friendly properties. Additionally, aluminum-based compounds and other metal hydroxides are gaining traction in various applications due to their lower toxicity. These substitutes limit demand for copper hydroxide, particularly in markets focusing on cost-efficiency and sustainability. As industries continue to innovate, the adoption of alternatives further restrains the growth of the copper hydroxide market.

Covid-19 Impact

The COVID-19 pandemic significantly disrupted the copper hydroxide market due to supply chain interruptions, labor shortages, and reduced industrial activity. Lockdowns led to delays in mining operations and hindered production, affecting the availability of raw materials. Demand from end-use industries, such as agriculture (fungicides) and chemicals, fluctuated due to global economic uncertainty. However, the market rebounded as agriculture regained priority, driving demand for crop protection solutions. Post-pandemic recovery efforts, government support, and renewed industrial activities further stabilized the market, gradually restoring growth momentum.

The powder segment is expected to be the largest during the forecast period

The powder segment is estimated to have a lucrative growth, due to its versatile applications. Copper Hydroxide in powder form is widely used as a fungicide and pesticide in agricultural practices, improving crop yield and quality. The ease of application and effectiveness of the powdered form in combating plant diseases boosts its demand among farmers. Additionally, the powder is more stable, facilitating longer shelf life and better storage. In industrial sectors, it is utilized in the production of copper salts and in wastewater treatment processes. As awareness of sustainable farming practices grows, the demand for powdered copper hydroxide is expected to continue increasing.

The catalysts segment is expected to have the highest CAGR during the forecast period

The catalysts segment is anticipated to witness the highest CAGR growth during the forecast period, by enhancing chemical reactions, particularly in industrial processes. Copper hydroxide is used as a catalyst in various applications, such as the production of chemicals, pharmaceuticals, and plastics. Its high efficiency and stability in reactions make it valuable in improving productivity and reducing production costs. Additionally, copper hydroxide catalysts are essential in the automotive sector for controlling emissions and improving fuel efficiency. The segment's growth is further supported by innovations in catalyst technology and the increasing need for cleaner industrial practices.

Region with largest share:

Asia Pacific is expected to hold the largest market share during the forecast period due to the increasing demand for copper-based fungicides in agriculture and growing industrial applications. Countries like China, India, Japan, and South Korea are major contributors to this market. The agricultural sector, particularly in crop protection, is expanding, boosting the use of copper hydroxide. Additionally, the rising demand for sustainable farming practices and environmentally friendly pesticides further fuels market growth. Industrial applications, including electroplating and wastewater treatment, also support the market's expansion in the region.

Region with highest CAGR:

North America is expected to have the highest CAGR over the forecast period, owing to its demand in agricultural, industrial, and pharmaceutical applications. This compound is crucial for controlling fungal diseases in crops, such as those affecting fruits and vegetables, making it a vital part of the pesticide industry. Additionally, its use in the production of fungicides, bactericides, and animal feed additives further boosts its market presence. Major players in the region include companies like SPIESS URANIA and Zhejiang Heben Pesticide, contributing to the market's expansion.

Key players in the market

Some of the key players profiled in the Copper Hydroxide Market include SPIESS-URANIA, Parikh Enterprises, UPL Ltd., TIB Chemicals AG, Alfa Aesar, Jiangsu Mupro IFT Corp., Kocide LLC, Bayer CropScience, Albaugh LLC, Sumitomo Chemical Co. Ltd., Isagro S.p.A., Synthomer PLC, Quimetal Industrial S.A., SBM Company and Indofil Industries Limited.

Key Developments:

In November 2024, UPL Corporation Ltd. announced a strategic agreement with CAC Nantong Chemical Co. Ltd. to develop, register, and commercialize cyproflanilide, a novel insecticide designed for effective pest management across various crops. This partnership is expected to enhance UPL's portfolio and contribute to global food security by introducing innovative agricultural solutions.

In November 2024, UPL signed a strategic partnership agreement with CH4 Global aimed at advancing sustainable agricultural practices. This collaboration focuses on developing solutions that integrate copper hydroxide technologies to enhance crop protection while promoting environmental sustainability.

In May 2023, UPL secured significant investments from major investors like ADIA and KKR for its platforms focusing on crop protection and seeds. This realignment is expected to enhance the company's capabilities in delivering innovative agricultural solutions, including those involving copper-based products.

Types Covered:

• Agricultural Copper Hydroxide
• Industrial Copper Hydroxide
• Electronics Grade Copper Hydroxide

Forms Covered:

• Powder
• Granules
• Liquid

Applications Covered:

• Fungicide
• Feed Additives
• Electroplating
• Catalysts
• Pigments
• Ceramics and Glass
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Copper Hydroxide Market, By Type

• 5.1 Introduction
• 5.2 Agricultural Copper Hydroxide
• 5.3 Industrial Copper Hydroxide
• 5.4 Electronics Grade Copper Hydroxide

6 Global Copper Hydroxide Market, By Form

• 6.1 Introduction
• 6.2 Powder
• 6.3 Granules
• 6.4 Liquid

7 Global Copper Hydroxide Market, By Application

• 7.1 Introduction
• 7.2 Fungicide
• 7.3 Feed Additives
• 7.4 Electroplating
• 7.5 Catalysts
• 7.6 Pigments
• 7.7 Ceramics and Glass
• 7.8 Other Applications

8 Global Copper Hydroxide Market, By Geography

• 8.1 Introduction
• 8.2 North America
  • 8.2.1 US
  • 8.2.2 Canada
  • 8.2.3 Mexico
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 Italy
  • 8.3.4 France
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 Japan
  • 8.4.2 China
  • 8.4.3 India
  • 8.4.4 Australia
  • 8.4.5 New Zealand
  • 8.4.6 South Korea
  • 8.4.7 Rest of Asia Pacific
• 8.5 South America
  • 8.5.1 Argentina
  • 8.5.2 Brazil
  • 8.5.3 Chile
  • 8.5.4 Rest of South America
• 8.6 Middle East & Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 UAE
  • 8.6.3 Qatar
  • 8.6.4 South Africa
  • 8.6.5 Rest of Middle East & Africa

9 Key Developments

• 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 9.2 Acquisitions & Mergers
• 9.3 New Product Launch
• 9.4 Expansions
• 9.5 Other Key Strategies

10 Company Profiling

• 10.1 SPIESS-URANIA
• 10.2 Parikh Enterprises
• 10.3 UPL Ltd.
• 10.4 TIB Chemicals AG
• 10.5 Alfa Aesar
• 10.6 Jiangsu Mupro IFT Corp.
• 10.7 Kocide LLC
• 10.8 Bayer CropScience
• 10.9 Albaugh LLC
• 10.10 Sumitomo Chemical Co. Ltd.
• 10.11 Isagro S.p.A.
• 10.12 Synthomer PLC
• 10.13 Quimetal Industrial S.A.
• 10.14 SBM Company
• 10.15 Indofil Industries Limited