PUBLISHER: KBV Research | PRODUCT CODE: 1616494
PUBLISHER: KBV Research | PRODUCT CODE: 1616494
The North America Copper Fungicides Market would witness market growth of 5.2% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 9,206.3 tonnes, showcasing a growth of 21.4% (2020-2023).
Copper hydroxide is a highly effective fungicide known for its preventive action against fungal and bacterial diseases in crops. It is widely used on fruits, vegetables, nuts, and other high-value crops to control blights, mildew, and bacterial spots. Its finely milled formulations ensure excellent coverage and adhesion to plant surfaces, providing prolonged protection even in adverse weather conditions. Recent trends highlight its increasing use in organic farming due to its compliance with residue-free agricultural practices. Hence, In US, 3,704.8 tonnes of Copper hydroxide are expected to be utilized by the year 2031.
The US market dominated the North America Copper Fungicides Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $69,784.8 Thousands by 2031. The Canada market is experiencing a CAGR of 7.1% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 5.9% during (2024 - 2031).
The market has emerged as a cornerstone of global agriculture, addressing the growing challenges of crop protection in an era marked by rising food demand, climate variability, and increasing awareness of sustainable farming practices. Copper fungicides, recognized for their effectiveness in controlling a diverse range of fungal and bacterial disorders, have historically been an essential element of both conventional and organic agricultural practices. With their natural origin and broad-spectrum activity, these fungicides provide a powerful solution to safeguard crops while aligning with modern agricultural standards, prioritizing environmental safety and sustainability.
Fungal diseases are a persistent and growing threat to global agriculture, causing farmers significant yield losses and economic hardship. From staple crops like cereals and grains to high-value fruits, vegetables, and horticultural plants, virtually every agriculture category risks fungal and bacterial infections. Diseases like late blight, powdery mildew, rust, and bacterial canker can devastate crops, disrupt food supply chains, and impact global food security. Against this backdrop, copper fungicides have proven indispensable. Their multi-site mode of action effectively inhibits the growth of pathogens, reducing the risk of resistance development-a key advantage over synthetic fungicides.
The copper fungicides market in Mexico is fueled by the country's reliance on export-oriented crops such as avocados, berries, and tomatoes. Critical to Mexico's agricultural economy, these crops face threats from diseases like late blight and anthracnose, which can severely impact yield and quality. Copper fungicides are essential in meeting the stringent residue requirements of major export markets, including the United States and Europe. The government's agricultural policies, such as support for sustainable technologies under the Sectorial Fund for Agricultural Development, have further encouraged the adoption of copper fungicides, helping Mexican farmers maintain competitiveness in international markets. Hence, the region's emphasis on reducing synthetic pesticide usage and adopting integrated pest management systems has positioned copper fungicides as an indispensable tool in addressing the challenges of fungal diseases while supporting sustainable agricultural growth.
Based on Application, the market is segmented into Fruit & Vegetables, Cereals & Grains, Pulses & Oilseed, and Other Applications. Based on Product, the market is segmented into Copper Hydroxide, Copper Oxychloride, Cuprous Oxide, Copper Sulfate, and Other Products. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
North America Copper Fungicides Market Report Segmentation
By Application (Volume, Tonnes, USD Million, 2020-2031)
By Product (Volume, Tonnes, USD Million, 2020-2031)
By Country (Volume, Tonnes, USD Million, 2020-2031)