CUPRIC CHLORIDE MARKET ANALYSIS

Regional Analysis

Market Outlook

Asia Pacific holds dominant position in the global cupric chloride market. Robust growth of industries such as textile and dyestuff in this region is increasing the demand for cupric chloride in Asia Pacific region. Moreover, due to low production cost and cheap labor, various key major manufacturers shifted their production facilities to Asia Pacific.

In Latin America, textile and handloom industry in emerging economies such as Brazil, Chile, Peru, and Argentina is well established, which is increasing the demand for cupric chloride. The market in Europe and North America is witnessing significant growth despite the sluggish economic growth in these regions due to growing manufacturing and chemical industries in these regions.