Copper Phthalocyanine Market

Copper Phthalocyanine Market Definition

The copper phthalocyanine market is an important segment of the specialty chemicals industry. This industry deals in manufacturing and distribution of phthalocyanine blue used in different end-user industries. There are numerous products manufactured in this industry consisting of alpha copper phthalocyanine, beta copper phthalocyanine and some others. The growing demand for functionalized silica-coated CuPc pigments due to its superior optical and hydrophobic properties is driving the market growth. This market is expected to rise significantly with the growth of the chemicals and materials industry across the world.

The growing demand for high-grade pigments in numerous industries along with increased adoption of CuPc-derived nanocomposite for treating waste water has driven the market expansion. Also, the numerous applications of these compounds in manufacturing paints, inks, plastic derivatives, textile products and some others is playing a vital role in shaping the industrial landscape. Moreover, the surge in demand for these copper derivatives in various end-user industries consisting of automotive, construction, packaging, electronics and some others is expected to boost the growth of the copper phthalocyanine market.

The rising adoption of CuPc in hydrocarbon industry due to its versatile electrocatalytic properties along with numerous applications of copper phthalocyanine in photoinitiator systems for enhancing the polymerization process is expected to create ample growth opportunities for the market players in the upcoming years.

Copper Phthalocyanine Market Companies:

American Elements, ABCR, ALADDIN-E, A2B Chem, Angene, BOC Sciences, Chemwill Asia, GELEST, Glentham Life Sciences, NBInno, Strem, Santa Cruz Biotechnology, Volatec, Canbi Pharma, DC Chemicals

Copper Phthalocyanine Market Segmentation:

By Type

• Alpha Form
• Beta Form

By Application

• Pigment Dye
• Solar Energy
• Other