According to a new report, published by KBV research, The Global Copper Fungicides Market size is expected to reach $672.33 million by 2031, rising at a market growth of 5.5% CAGR during the forecast period. In the year 2023, the market attained a volume of 86,308.0 tonnes, experiencing a growth of 18.5% (2020-2023).
The Fruit & Vegetables segment is leading the Global Copper Fungicides Market by Application in 2023; thereby, achieving a market value of $273.5 million by 2031. Fungal infections can severely affect the yield and quality of fruits and vegetables, essential for fresh consumption and food processing industries. The rising demand for fresh, high-quality produce further amplifies the need for effective, eco-friendly crop protection solutions. Additionally, the acceptance of copper fungicides in organic farming practices adds to their demand in this segment, as farmers aim to meet the growing preference for organic produce.
The Copper Oxychloride segment exhibits a CAGR of 5.3% during (2024 - 2031). Its elevated solubility and compatibility with various agrochemicals render it a favored option for integrated pest management (IPM) strategies. Farmers favor copper hydroxide for its effectiveness in preventing diseases such as blight, mildew, and leaf spots, ensuring high yields and better-quality produce. Additionally, its eco-friendly profile aligns with the growing demand for sustainable agricultural solutions, driving its widespread adoption in conventional and organic farming practices.
Full Report: https://www.kbvresearch.com/copper-fungicides-market/
The Europe region dominated the Global Copper Fungicides Market by Region in 2023; thereby, achieving a market value of $304.57 million by 2031. The Asia Pacific region is experiencing a CAGR of 6% during (2024 - 2031). Additionally, The North America region would witness a CAGR of 5.2% during (2024 - 2031).
By Application (Volume, Tonnes, USD Million, 2020-2031)
By Product (Volume, Tonnes, USD Million, 2020-2031)
By Geography (Volume, Tonnes, USD Million, 2020-2031)