Copper ammonium carbonate market outlook 2025-2030, with competitive analysis of bayer, hindalco, hindustan copper, bhagyanagar india, abc gas, gujarat mineral development and baroda extrusion
Dublin, jan. 14, 2025 (globe newswire) -- the "copper ammonium carbonate market - forecasts from 2025 to 2030" report has been added to researchandmarkets.com's offering. the copper ammonium carbonate market is expected to grow at a cagr of 6.69%, reaching a market size of us$13.209 billion in 2030 from us$9.557 billion in 2025. the copper ammonium carbonate market is characterized by its wide application as a fungicide in the agri-business, especially for crops but not limited to wheat, barley, and oats. this compound plays an important part in boosting the yield and quality of crops, which is a major concern considering the rise in food demand from a highly populated world. the advantages associated with this compound have also caused its demand in certain industries. however, there is competition for the market from the green alternatives and a change in perception towards chemical fungicides in turn which will leave the farmers with no options but to evolve to organic farming practices. the copper ammonium carbonate market is expected to grow significantly owing to several factors fueled by their extensive application use in industrial as well as agricultural sectors. with the rising demand for food, owing to the extensive increase in population growth and the diminishing of arable land, there is a need for efficient agricultural solutions such as copper ammonium carbonate. apart from its agricultural uses, copper ammonium carbonate is also widely used in the wood treatment process as well as in the recycling of copper from scrap metal. this usage of copper ammonium carbonate owing to its versatility nature is essential in enhancing the market appeal, especially in regions where there are robust agricultural activities.
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