diff --git a/llvm/include/llvm/Transforms/InstCombine/InstCombine.h b/llvm/include/llvm/Transforms/InstCombine/InstCombine.h
--- a/llvm/include/llvm/Transforms/InstCombine/InstCombine.h
+++ b/llvm/include/llvm/Transforms/InstCombine/InstCombine.h
@@ -25,13 +25,35 @@
 
 namespace llvm {
 
+static constexpr unsigned InstCombineDefaultMaxIterations = 1000;
+
+struct InstCombineOptions {
+  bool UseLoopInfo;
+  unsigned MaxIterations;
+
+  InstCombineOptions()
+      : UseLoopInfo(false), MaxIterations(InstCombineDefaultMaxIterations) {}
+
+  InstCombineOptions &setUseLoopInfo(bool Value) {
+    UseLoopInfo = Value;
+    return *this;
+  }
+
+  InstCombineOptions &setMaxIterations(unsigned Value) {
+    MaxIterations = Value;
+    return *this;
+  }
+};
+
 class InstCombinePass : public PassInfoMixin<InstCombinePass> {
+private:
   InstructionWorklist Worklist;
-  const unsigned MaxIterations;
+  InstCombineOptions Options;
 
 public:
-  explicit InstCombinePass();
-  explicit InstCombinePass(unsigned MaxIterations);
+  explicit InstCombinePass(InstCombineOptions Opts = {});
+  void printPipeline(raw_ostream &OS,
+                     function_ref<StringRef(StringRef)> MapClassName2PassName);
 
   PreservedAnalyses run(Function &F, FunctionAnalysisManager &AM);
 };
diff --git a/llvm/lib/Passes/PassBuilder.cpp b/llvm/lib/Passes/PassBuilder.cpp
--- a/llvm/lib/Passes/PassBuilder.cpp
+++ b/llvm/lib/Passes/PassBuilder.cpp
@@ -778,6 +778,33 @@
   return Result;
 }
 
+Expected<InstCombineOptions> parseInstCombineOptions(StringRef Params) {
+  InstCombineOptions Result;
+  while (!Params.empty()) {
+    StringRef ParamName;
+    std::tie(ParamName, Params) = Params.split(';');
+
+    bool Enable = !ParamName.consume_front("no-");
+    if (ParamName == "use-loop-info") {
+      Result.setUseLoopInfo(Enable);
+    } else if (Enable && ParamName.consume_front("max-iterations=")) {
+      APInt MaxIterations;
+      if (ParamName.getAsInteger(0, MaxIterations))
+        return make_error<StringError>(
+            formatv("invalid argument to InstCombine pass max-iterations "
+                    "parameter: '{0}' ",
+                    ParamName).str(),
+            inconvertibleErrorCode());
+      Result.setMaxIterations((unsigned)MaxIterations.getZExtValue());
+    } else {
+      return make_error<StringError>(
+          formatv("invalid InstCombine pass parameter '{0}' ", ParamName).str(),
+          inconvertibleErrorCode());
+    }
+  }
+  return Result;
+}
+
 /// Parser of parameters for LoopVectorize pass.
 Expected<LoopVectorizeOptions> parseLoopVectorizeOptions(StringRef Params) {
   LoopVectorizeOptions Opts;
diff --git a/llvm/lib/Passes/PassRegistry.def b/llvm/lib/Passes/PassRegistry.def
--- a/llvm/lib/Passes/PassRegistry.def
+++ b/llvm/lib/Passes/PassRegistry.def
@@ -477,6 +477,15 @@
                           parseLoopVectorizeOptions,
                           "no-interleave-forced-only;interleave-forced-only;"
                           "no-vectorize-forced-only;vectorize-forced-only")
+FUNCTION_PASS_WITH_PARAMS("instcombine",
+                          "InstCombinePass",
+                           [](InstCombineOptions Opts) {
+                             return InstCombinePass(Opts);
+                           },
+                          parseInstCombineOptions,
+                          "no-use-loop-info;use-loop-info;"
+                          "max-iterations=N"
+                          )
 FUNCTION_PASS_WITH_PARAMS("mldst-motion",
                           "MergedLoadStoreMotionPass",
                            [](MergedLoadStoreMotionOptions Opts) {
diff --git a/llvm/lib/Transforms/InstCombine/InstructionCombining.cpp b/llvm/lib/Transforms/InstCombine/InstructionCombining.cpp
--- a/llvm/lib/Transforms/InstCombine/InstructionCombining.cpp
+++ b/llvm/lib/Transforms/InstCombine/InstructionCombining.cpp
@@ -129,7 +129,6 @@
               "Controls which instructions are visited");
 
 // FIXME: these limits eventually should be as low as 2.
-static constexpr unsigned InstCombineDefaultMaxIterations = 1000;
 #ifndef NDEBUG
 static constexpr unsigned InstCombineDefaultInfiniteLoopThreshold = 100;
 #else
@@ -144,11 +143,6 @@
     "instcombine-max-sink-users", cl::init(32),
     cl::desc("Maximum number of undroppable users for instruction sinking"));
 
-static cl::opt<unsigned> LimitMaxIterations(
-    "instcombine-max-iterations",
-    cl::desc("Limit the maximum number of instruction combining iterations"),
-    cl::init(InstCombineDefaultMaxIterations));
-
 static cl::opt<unsigned> InfiniteLoopDetectionThreshold(
     "instcombine-infinite-loop-threshold",
     cl::desc("Number of instruction combining iterations considered an "
@@ -4584,7 +4578,6 @@
     DominatorTree &DT, OptimizationRemarkEmitter &ORE, BlockFrequencyInfo *BFI,
     ProfileSummaryInfo *PSI, unsigned MaxIterations, LoopInfo *LI) {
   auto &DL = F.getParent()->getDataLayout();
-  MaxIterations = std::min(MaxIterations, LimitMaxIterations.getValue());
 
   /// Builder - This is an IRBuilder that automatically inserts new
   /// instructions into the worklist when they are created.
@@ -4646,10 +4639,17 @@
   return MadeIRChange;
 }
 
-InstCombinePass::InstCombinePass() : MaxIterations(LimitMaxIterations) {}
+InstCombinePass::InstCombinePass(InstCombineOptions Opts) : Options(Opts) {}
 
-InstCombinePass::InstCombinePass(unsigned MaxIterations)
-    : MaxIterations(MaxIterations) {}
+void InstCombinePass::printPipeline(
+    raw_ostream &OS, function_ref<StringRef(StringRef)> MapClassName2PassName) {
+  static_cast<PassInfoMixin<InstCombinePass> *>(this)->printPipeline(
+      OS, MapClassName2PassName);
+  OS << '<';
+  OS << "max-iterations=" << Options.MaxIterations << ";";
+  OS << (Options.UseLoopInfo ? "" : "no-") << "use-loop-info";
+  OS << '>';
+}
 
 PreservedAnalyses InstCombinePass::run(Function &F,
                                        FunctionAnalysisManager &AM) {
@@ -4659,7 +4659,11 @@
   auto &ORE = AM.getResult<OptimizationRemarkEmitterAnalysis>(F);
   auto &TTI = AM.getResult<TargetIRAnalysis>(F);
 
+  // TODO: Only use LoopInfo when the option is set. This requires that the
+  //       callers in the pass pipeline explicitly set the option.
   auto *LI = AM.getCachedResult<LoopAnalysis>(F);
+  if (!LI && Options.UseLoopInfo)
+    LI = &AM.getResult<LoopAnalysis>(F);
 
   auto *AA = &AM.getResult<AAManager>(F);
   auto &MAMProxy = AM.getResult<ModuleAnalysisManagerFunctionProxy>(F);
@@ -4669,7 +4673,7 @@
       &AM.getResult<BlockFrequencyAnalysis>(F) : nullptr;
 
   if (!combineInstructionsOverFunction(F, Worklist, AA, AC, TLI, TTI, DT, ORE,
-                                       BFI, PSI, MaxIterations, LI))
+                                       BFI, PSI, Options.MaxIterations, LI))
     // No changes, all analyses are preserved.
     return PreservedAnalyses::all();
 
diff --git a/llvm/test/Other/new-pm-print-pipeline.ll b/llvm/test/Other/new-pm-print-pipeline.ll
--- a/llvm/test/Other/new-pm-print-pipeline.ll
+++ b/llvm/test/Other/new-pm-print-pipeline.ll
@@ -92,4 +92,8 @@
 
 ;; Test SeparateConstOffsetFromGEPPass option.
 ; RUN: opt -disable-output -disable-verify -print-pipeline-passes -passes='separate-const-offset-from-gep<lower-gep>' < %s | FileCheck %s --match-full-lines --check-prefixes=CHECK-27
-; CHECK-27: function(separate-const-offset-from-gep<lower-gep>)
\ No newline at end of file
+; CHECK-27: function(separate-const-offset-from-gep<lower-gep>)
+
+;; Test InstCombine options - the first pass checks default settings, and the second checks customized options.
+; RUN: opt -disable-output -disable-verify -print-pipeline-passes -passes='function(instcombine,instcombine<use-loop-info;max-iterations=42>)' < %s | FileCheck %s --match-full-lines --check-prefixes=CHECK-28
+; CHECK-28: function(instcombine<max-iterations=1000;no-use-loop-info>,instcombine<max-iterations=42;use-loop-info>)
diff --git a/llvm/test/Transforms/InstCombine/gep-combine-loop-invariant.ll b/llvm/test/Transforms/InstCombine/gep-combine-loop-invariant.ll
--- a/llvm/test/Transforms/InstCombine/gep-combine-loop-invariant.ll
+++ b/llvm/test/Transforms/InstCombine/gep-combine-loop-invariant.ll
@@ -1,5 +1,6 @@
 ; NOTE: Assertions have been autogenerated by utils/update_test_checks.py
-; RUN: opt -opaque-pointers=0 < %s -passes='require<loops>,instcombine' -S | FileCheck %s
+; RUN: opt -opaque-pointers=0 < %s -passes='instcombine<use-loop-info>' -S | FileCheck %s
+
 target datalayout = "e-m:e-i64:64-f80:128-n8:16:32:64-S128"
 target triple = "x86_64-unknown-linux-gnu"
 
diff --git a/llvm/test/Transforms/InstCombine/statepoint-cleanup.ll b/llvm/test/Transforms/InstCombine/statepoint-cleanup.ll
--- a/llvm/test/Transforms/InstCombine/statepoint-cleanup.ll
+++ b/llvm/test/Transforms/InstCombine/statepoint-cleanup.ll
@@ -1,5 +1,5 @@
 ; NOTE: Assertions have been autogenerated by utils/update_test_checks.py
-; RUN: opt < %s -passes=instcombine -instcombine-max-iterations=1 -S | FileCheck %s
+; RUN: opt < %s -passes='instcombine<max-iterations=1>' -S | FileCheck %s
 ; These tests check the optimizations specific to
 ; pointers being relocated at a statepoint.
 
diff --git a/llvm/test/Transforms/InstCombine/statepoint-iter.ll b/llvm/test/Transforms/InstCombine/statepoint-iter.ll
--- a/llvm/test/Transforms/InstCombine/statepoint-iter.ll
+++ b/llvm/test/Transforms/InstCombine/statepoint-iter.ll
@@ -1,5 +1,5 @@
 ; NOTE: Assertions have been autogenerated by utils/update_test_checks.py
-; RUN: opt < %s -passes=instcombine -instcombine-max-iterations=1 -S | FileCheck %s
+; RUN: opt < %s -passes='instcombine<max-iterations=1>' -S | FileCheck %s
 ; These tests check the optimizations specific to
 ; pointers being relocated at a statepoint.