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Mcpa Market, Global Outlook and Forecast 2023-2029

The global MCPA market was valued at US$ 228.9 million in 2022 and is projected to reach US$ 303.6 million by 2029, at a CAGR of 4.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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

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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.

This report aims to provide a comprehensive presentation of the global market for MCPA, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding MCPA. This report contains market size and forecasts of MCPA in global, including the following market information:

Global MCPA Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global MCPA Market Sales, 2018-2023, 2024-2029, (Ton)

Global top five MCPA companies in 2022 (%)

The industry's leading producers are Nufarm, Corteva Agriscience and ChemChina, with revenue ratios of 68.29%, 6.17% and 3.41% in 2019.

We surveyed the MCPA manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global MCPA Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Ton)

Global MCPA Market Segment Percentages, by Type, 2022 (%)

  • Active Ingredient: Below 600

  • Active Ingredient: Above 600

Global MCPA Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Ton)

Global MCPA Market Segment Percentages, by Application, 2022 (%)

  • Cereals

  • Hemp Crops

  • Urban Lawns and Pastures

  • Others

Global MCPA Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Ton)

Global MCPA Market Segment Percentages, By Region and Country, 2022 (%)

  • North America

  • US

  • Canada

  • Mexico

  • Europe

  • Germany

  • France

  • U.K.

  • Italy

  • Russia

  • Nordic Countries

  • Benelux

  • Rest of Europe

  • Asia

  • China

  • Japan

  • South Korea

  • Southeast Asia

  • India

  • Rest of Asia

  • South America

  • Brazil

  • Argentina

  • Rest of South America

  • Middle East & Africa

  • Turkey

  • Israel

  • Saudi Arabia

  • UAE

  • Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

  • Key companies MCPA revenues in global market, 2018-2023 (Estimated), ($ millions)

  • Key companies MCPA revenues share in global market, 2022 (%)

  • Key companies MCPA sales in global market, 2018-2023 (Estimated), (Ton)

  • Key companies MCPA sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

  • Nufarm

  • Corteva Agriscience

  • ChemChina

  • Bayer

  • Qiaochang Agricultural Group

  • Genfarm

  • Jiangsu Runhaijia Biotechnology

  • Albaugh

  • FMC

  • Zhejiang Dayoo Chemical

Outline of Major Chapters:

  • Chapter 1: Introduces the definition of MCPA, market overview.

  • Chapter 2: Global MCPA market size in revenue and volume.

  • Chapter 3: Detailed analysis of MCPA manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

  • Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

  • Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

  • Chapter 6: Sales of MCPA in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

  • Chapter 8: Global MCPA capacity by region & country.

  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

  • Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

  • Chapter 11: The main points and conclusions of the report.

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