Global Mecoprop Market Set to Reach USD 538.0 Million by 2033, with a CAGR of 4.2% | FMI Reports

Mecoprop Market
Mecoprop Market

According to a recent market survey by Future Market Insights, the global mecoprop market is valued at USD 356.6 million in 2023. The market is projected to grow at a compound annual growth rate (CAGR) of 4.2% from 2023 to 2033, reaching an anticipated valuation of USD 538.0 million by the end of the forecast period.

Mecoprop, also known as methylchlorophenoxypropionic acid (MCPP), is an herbicide used to control broadleaf weeds in lawns, turf, and other grassy areas. As a selective herbicide, it targets specific types of plants while leaving others unaffected.

Mecoprop belongs to the phenoxy herbicide family, which includes other widely used herbicides such as 2,4-D and dicamba. It functions by disrupting the hormone balance of weeds, thereby inhibiting their growth. It is important to use mecoprop with caution and follow label instructions to avoid potential harm to humans and the environment.

Applied as a spray, mecoprop effectively controls broadleaf weeds in lawns, turf, and grassy areas. The application rate and timing vary depending on the specific product and the type of weeds being controlled. It is crucial to avoid applying mecoprop in areas where there is a risk of runoff or contamination of water sources.

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Market Dynamics :

Increasing Demand from Agriculture and Agrochemicals Industry

Mecoprop, also known as methylchlorophenoxypropionic acid, is available in various forms, including acid, potassium, diethanolamine, dimethylamine salt, and isooctyl ester. Different formulations are produced by various companies, often in combination with other pesticides. These combinations frequently include additional phenoxy herbicides such as 2,4-D, dicamba, MSMA, and MCPA, and some products are blends of herbicides and fertilizers. Like these other herbicides, mecoprop disrupts normal cell division.

According to the Environmental Protection Agency, between 1-6 million pounds of post-emergent herbicides are used annually to control broadleaf weeds such as chickweed, stitchwort, ground ivy, knotweeds, clover, and plantains. Of these applications, 96% are on grass, including lawns, sports fields, and industrial sod production. The remaining 1-4% are used for non-crop purposes, such as right-of-way clearing, building the banks of drainage ditches, and preparing forest sites. Application methods for specialized non-cropland situations include aerial application, as well as pressurized hose-end sprayers, ground spreaders, and sprayers.

The demand for mecoprop as an herbicide is driven by the growth of the agricultural and agrochemical sectors, alongside the rising demand for high-quality food and agricultural products. These factors significantly contribute to the global market expansion for mecoprop.

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Top Key Players

  • BASF SE;
  • Corteva, Inc.;
  • Syngenta;
  • Monsanto Company;
  • Bayer AG;
  • FMC Corporation;
  • Adama Agricultural Solutions Ltd.;
  • Nufarm Ltd.;
  • Conier Chem and Pharma Limited;

Market Segmentation

By Form:

  • Mecoprop
  • Mecoprop-P

By Application:

  • Herbicide
  • Pesticide
  • Others

By End-Use:

  • Agricultural
  • Non-Agricultural
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia and Pacific
  • East Asia
  • Central Asia
  • Russia and Belarus
  • Balkan and Baltic Countries
  • The Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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