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Long-time intake or exposition to this product has health effects. Get more information on this report : Request Sample PagesĬopper sulfate has mild toxins as they are made by heating copper and sulphuric acid. The above-mentioned applications are expected to provide ample opportunities for growth of the copper sulfate market. Rise in need for material resources have increased the mining sector where copper sulfate is used as a flotation reagent in concentration ores and as raw materials for copper naphthenate and other copper compounds, which are used as anti-fouling agents in the paint industry. Increase in investments by developing countries for developments of various infrastructures that require copper sulfate in variety of activities propels the market growth. Rise in need for energy storage devices in small-scale and large-scale electronic projects is increasing demand for copper sulfate across the globe. It is often used as an electrolyte in the metal and electrical industries for application such as refining, electroplating, and battery development. Rapid development in the use of electrical and electronic products requires huge amount of copper for electrical conduction. It is also widely used as an animal feed addition, where copper is needed for animals to keep their optimal body functioning. Copper sulfate is extensively used in the agriculture particularly as a fungicide. Increase in population and development of technology has provided comfortable life lead to decrease in material resources, especially related to food. Copper sulfate has applications in several end uses such as chemicals, agriculture, healthcare, construction, mining & metallurgy, and others. It is one of the major raw materials used in fertilizer industries to make fungicides and pesticides. It can also be produced by leaching low grade copper ore in air which is a time-consuming process but can be completed quickly using a specific-bacterium. Industrially it is produced by treating copper metal with hot concentrated sulfuric acid or the oxides of dilute sulfuric acid. Anhydrous copper sulfate is a light grey powder in which 39.81% copper and 60.19% sulfate by mass is present. It consists of 25.47% copper, 38.47% sulfate and 36.06% water by mass. It is blue in color and exothermically dissolves in water to give a complex solution. Pentahydrate of copper sulfate is the most common form and can also be known as blue stone, blue vitriol, and roman vitriol. The global copper sulfate market size was valued at $0.8 billion in 2020, and copper sulfate market forecast projected to reach $1.3 billion by 2030, with global copper sulfate market forecast expected at a CAGR of 5.4% from 2021 to 2030.ĭecline in demand for copper sulfate in the electronic and other industries have negative impact on the market during this pandemic period.Ĭopper sulfate is an inorganic compound with the chemical formula CuSO4 (H2O)x where “x” denotes number of water molecules. Copper Sulfate Market Outlook - 2021–2030