Global MCPA Market Growth 2023-2029

Global MCPA Market Growth 2023-2029

MCPA is an herbicide in the phenoxy or phenoxyacetic acid family used for post-emergence selective control of broadleaf weeds.

MCPA (2-methyl-4-chlorophenoxyacetic acid), pure compound is a brown-colored powder. MCPA has been extensively used in agriculture to control broad-leaf weeds as a growth regulator primarily in pasture and cereal crops field since 1945. The mode of action of MCPA appears to be similar to auxins, which are growth hormone that naturally exist in plants. Overdose application of MCPA acts as an herbicide and results abnormal growth.
LPI (LP Information)' newest research report, the “MCPA Industry Forecast” looks at past sales and reviews total world MCPA sales in 2022, providing a comprehensive analysis by region and market sector of projected MCPA sales for 2023 through 2029. With MCPA sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world MCPA industry.
This Insight Report provides a comprehensive analysis of the global MCPA landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on MCPA portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global MCPA market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for MCPA and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global MCPA.
The global MCPA market size is projected to grow from US$ 217.7 million in 2022 to US$ 295.4 million in 2029; it is expected to grow at a CAGR of 295.4 from 2023 to 2029.
The industry's leading producers are Nufarm, Corteva Agriscience and ChemChina, with revenue ratios of 68.29%, 6.17% and 3.41% in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of MCPA market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Active Ingredient: Below 600
Active Ingredient: Above 600
Segmentation by application
Cereals
Hemp Crops
Urban Lawns and Pastures
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Nufarm
Corteva Agriscience
ChemChina
Bayer
Qiaochang Agricultural Group
Genfarm
Jiangsu Runhaijia Biotechnology
Albaugh
FMC
Zhejiang Dayoo Chemical
Key Questions Addressed in this Report
What is the 10-year outlook for the global MCPA market?
What factors are driving MCPA market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do MCPA market opportunities vary by end market size?
How does MCPA break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.