2,4-Dichlorophenoxyacetic Market Growth by Top Leading Companies

2,4-Dichlorophenoxyacetic Acid, also known as 2, 4-D, is a part of the phenoxy herbicides group. It is an organic compound with the molecular formula C8H6Cl2O3. 2, 4-Dichlorophenoxyacetic Acid is the most common type of herbicide used in the agriculture sector. It is manufactured by the reaction between chloroacetic acid and 2,4-dichlorophenol in the presence of caustic soda, i.e. sodium hydroxide. Generally, herbicides find application in agricultural practices to maintain plant growth and high productivity. These herbicides find application in agricultural as well as non-agricultural applications such as in lawns, parks, turfs, gardening, golf courses and forestry, among other areas.

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The primary reason contributing to the increasing demand for 2, 4-Dichlorophenoxyacetic Acid and its derivative products is its low price and efficiency per acre as compared to other herbicides. Further, 2,4-Dichlorophenoxyacetic Acid offers high solubility in water as well as several other solvents, owing to which it can easily penetrate the soil (from the plant) and thereby increase crop yield, promote plant growth and increase soil quality The environmental benefits of 2,4-Dichlorophenoxyacetic Acid include improved water quality, water availability and air quality as it helps reduce soil erosion, carbon footprint and fertilizer use. While the persistence of 2,4-Dichlorophenoxyacetic Acid is around 1 – 2 months, its biodegradation period is around 5 – 6 months.

2,4-Dichlorophenoxyacetic Acid Market: Segmentation

On the basis of crop type, global 2,4-Dichlorophenoxyacetic Acid market can be segmented into:

Agriculture

Cereals & Grains
Vegetables
Oilseed
Others

Non-Agriculture

Forestry
Recreational areas
Others

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2,4-Dichlorophenoxyacetic Acid Market: Regional Outlook

In terms of production & consumption, Asia Pacific dominates the global 2,4-Dichlorophenoxyacetic Acid market as the agriculture sector in the region contributes a significant share to the GDP growth of several countries such as China, India and ASEAN countries. Growth of the agriculture sector, modernisation in farming techniques and increasing adoption of herbicides, fungicides, and insecticides to increase yield are expected to drive the market of 2,4-Dichlorophenoxyacetic Acid in Asia Pacific over the forecast period.

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