Market Challenges And Opportunities

Market Dynamics

Increasing demand for herbicides in the agricultural sector is a major factor boosting the mecoprop market size. Mecoprop is mainly used to control weeds around cereal crops, apples and pears. It is also used extensively on turfs such as residential lawns and sports fields. Therefore, demand for mecoprop as a household pesticide is also expected to boost the market growth.

However, according to New Jersey Department of Health Right to Know Hazardous Substance List, mecoprop is a carcinogen. It is harmful if swallowed and is toxic if inhaled. It is also associated with conditions such as kidney failure, increased heart rate, and metabolic acidosis. These side effects of mecoprop can hinder the global mecoprop market growth. Moreover, increasing preference for bio-based herbicides and pesticides is also expected to adversely impact the market growth.