Mecoprop Market

Mecoprop Market Outlook

According to the latest market survey conducted by Future Market Insights, the global mecoprop market is relishing a market valuation of US$ 356.6 Million in 2023, and all are set to expand with a CAGR of 4.2% during the 2023 to 2033 period. The market is anticipated to top a valuation of US$ 538.0 Million by the end of the forecast period.

Market Size 2022	US$ 345.5 Million
Market Size 2023	US$ 356.6 Million
Market Size 2033	US$ 538.0 Million
Value CAGR (2023 to 2033)	4.2%
Collective Value Share: Top 3 Countries (2023E)	65% to 70%

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

Mecoprop is a member of the phenoxy herbicide family, which includes other common herbicides such as 2,4-D and dicamba. It works by inhibiting the growth of weeds by disrupting their hormone balance. It should be used with caution and according to the label instructions to avoid potential harm to human and the environment.

Mecoprop is applied as a spray to lawns, turf, and other grassy areas to control broadleaf weeds. The application rate and timing will vary depending on the specific product and the type of weeds that are being controlled. It should not be applied to areas where there is a risk of runoff or contamination of water sources.

Historical (2018 to 22) Vs. Forecast (2023 to 33) Market Outlook

Over the period covered by the study 2018 to 2022, the market for mecoprop was recorded to grow at a phenomenal CAGR of 3.2% from 2018 to 2022, owing to the increasing demand for herbicides, and pesticides from the agrochemicals industry.

Whereas, as per the latest survey conducted by Future Market Insights, the mecoprop market is expected to progress at a CAGR of 4.2% between 2023 and 2033. This is attributed to the growing demand for mecoprop from various end-use sectors including agriculture and non-agriculture such as residential lawns and sports fields.

Market Dynamics

Increasing Demand from Agriculture and Agrochemicals Industry

Mecoprop, also known as Methylchlorophenoxypropionic acid, can be obtained as an acid, potassium, diethanolamine, dimethylamine salt, or an isooctyl ester. Different formulas are produced by various firms. Many products contain pesticide combinations, including additional phenoxy herbicides such as 2,4-D, dicamba, MSMA, and MCPA. Some products are herbicide/fertilizer blends. Similar to these herbicides, methylchlorophenoxypropionic acid impedes regular cell division.

According to the Environment Protection Agency, 1-6 million pounds of post-emergent herbicides are used yearly to suppress broadleaf weeds including chickweed, stitchwort, ground ivy, knotweeds, clover, and plantains. 96% of all uses are for grass, which includes lawns, sports fields, and industrial sod manufacturing. 1–4% of the total is utilized for non-crop purposes, such as right-of-way clearing, building the banks of drainage ditches, and preparing forest sites. For specialized non-cropland situations, aerial application is an option in addition to pressurized hose-end sprayers, ground spreaders, and sprayers.

Mecoprop's use as an herbicide boosts demand owing to the growth of agricultural and agrochemical sectors and the rise in demand for superior-quality food and agricultural products, all of which are significant factors driving the global market for mecoprop.

Category-wise Insights

Which is the widely adopted application segment for Mecoprop?

Herbicide is the most preferred application segment. One of the key factors driving growth of the mecoprop market is the rising demand for herbicides in the agriculture industry. Mecoprop is primarily used to manage weeds around orchard fruit, particularly apples and pears.

Mecoprop is widely employed on grass surfaces like home lawns and sports grounds. Increasing use of mecoprop in recreational turf & fields, sods, pavements, and other residential and commercial areas is expected to open up new grounds for the market. As a result, the demand for mecoprop as a home herbicide is anticipated to spur market expansion.

Region-wise insights

How is North America faring in the global Mecoprop market?

North America is the leading mecoprop consumer, holding shares of approximately 35-40% in global revenue in 2023, due to the United States prominence in mecoprop production, North America is expected to dominate over the projected period.

Increasing demand for bio-based herbicides, coupled with increasing recreational turf & fields, sods, pavements, and home lawns in the United States and Canada are expected to boost the market during the forecast period.

What are the prospects for the Mecoprop market in the Asia Pacific region?

The mecoprop market was dominated by Asia Pacific with a share of more than 45-50%, followed by North America and Europe. The market in Asia Pacific is anticipated to grow over the course of the forecast period due to the presence of international mecoprop manufacturers within this region.

The market for herbicides and agrochemicals in China is expanding as a result of a surge in agriculture and agrochemical production. Growth in the building and construction industries in Asia Pacific countries proliferate the rate of turf and home lawn installation, which have a positive impact on the mecoprop market in China.

Competitive Landscape

To extend regional and global footprint, manufacturers have invested in increasing the production capacity of herbicides and pesticides. The variety of applications that mecoprop provides has pushed market participants to diversify their product offerings.

• In March 2019, Nufarm, an agrochemical manufacturer launched a new herbicide named – “Trimec” which included 600 g/L mecoprop, 18.7 g/L dicamba and 150 g/L methylchlorophenoxy acetic acid (MCPA). The herbicide was mainly launched to control a wide range of weeds in barley, oats, wheat, and ryegrass crops.

• In April 2017, Nufarm launched a new cereal herbicide − “Duplosan KV” to control the weeds on cereals. Duplosan KV is also suitable for controlling weeds from turf grasses. Increasing use of mecoprop as an herbicide for cereals and turf grass is expected to propel the mecoprop market.

A similar development has been tracked by Future Market Insights in its latest market study.

Scope of the Report

Attribute	Details
Growth Rate	CAGR of 4.2% from 2023 to 2033
Base Year for Estimation	2022
Historical Data	2018 to 2022
Forecast Period	2023 to 2033
Quantitative Units	Revenue in US$ Million, Volume in Tons, and CAGR from 2023 to 2033
Report Coverage	Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered	Form Application End-Use Region
Regions Covered	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
Key Countries Covered	USA Canada Brazil Mexico Argentina South Korea China Japan India ASEAN Australia and New Zealand Germany France Spain Italy BENELUX NORDICS United Kingdom Poland Hungary Romania Czech Republic King of Saudi Arabia The United Arab Emirates Türkiye Northern Africa South Africa Israel
Key Companies Profiled	BASF SE Corteva, Inc. Syngenta Monsanto Company Bayer AG FMC Corporation Adama Agricultural Solutions Ltd. Nufarm Ltd. Conier Chem and Pharma Limited Toronto Research Chemicals DAYANG CHEM (HANGZHOU) CO., LTD. Henan Allgreen Chemical Co., Ltd. Angene Chemical Private Limited Alfa Chemistry Caledon Laboratories Apollo Scientific Ltd. VWR International LLC
Customization and Pricing	Available upon Request

Market Segmentation

By Form:

• Mecoprop
• Mecoprop-P

By Application:

• Herbicide
• Pesticide
• Others

By End-Use:

• Agricultural
  • Pasture
  • Rangeland
  • Cropland
  • Others
• Non-Agricultural
  • Residential Law
  • Recreational Turf
  • Sports Field
  • Sod Farm
  • Pavements
• 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

Frequently Asked Questions

What was the value of the market in 2023?

In 2023, the value of the global market reached over US$ 356.6 Million

At what rate is the global market projected to expand during the forecast period?

During the forecast period, the global market is estimated to expand at a CAGR of 4.2% from 2023 to 2033.

by 2033, what will the value of the global market be?

The global market is projected to reach US$ 538.0 Million by the end of 2033.

Which are the top players in the market?

The key players operating in the market are BASF SE, Corteva, Inc., Syngenta, Monsanto Company, Bayer AG, FMC Corporation, Adama Agricultural Solutions Ltd., Nufarm Ltd., Conier Chem and Pharma Limited, Toronto Research Chemicals, DAYANG CHEM (HANGZHOU) CO., LTD., Henan Allgreen Chemical Co., Ltd., Angene Chemical Private Limited, Alfa Chemistry, Caledon Laboratories, Apollo Scientific Ltd., VWR International LLC and various others.