Asia Pacific Piperonyl Butoxide Market Will Be Worth of Us$15.45 Mn by 2024, Expanding at a Cagr of 5.0% by 2024

Transparency Market

Research

Piperonyl Butoxide (PBO) Market - Asia Pacific

Industry Analysis, Size, Share, Growth, Trends, and

Forecast 2016 - 2024

Published Date

26-Aug-2016

85 Page Report

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Escalating Demand for Crop Protection Chemicals to Give

Piperonyl Butoxide (PBO) Market in APAC Significant Boost,

reports TMR

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Piperonyl Butoxide (PBO) Market

REPORT DESCRIPTION

Piperonyl Butoxide (PBO) Market - Asia Pacific Industry Analysis, Size, Share, Growth, Trends, and

Forecast 2016 - 2024

The piperonyl butoxide (PBO) market in Asia Pacific is moderately consolidated, with the top three

manufacturers – ENDURA P.IVA, Wujiang Shuguang Chemical Co., Ltd., and Sumitomo Chemical Co. Ltd. –

accounting for a 38.0% share in the market in 2015. Transparency Market Research has observed that the

dynamics of the market are mainly dependent on long term contracts and the goodwill of companies. Largescale manufacturers of piperonyl butoxide with integrated operations possess a competitive advantage owing

to easy access to raw materials and protection from volatility in the prices of raw materials.

India and China present the most lucrative investment options for players in the PBO market and companies

have been focusing their resources in expanding business operations and production capacities in these two

countries. A case in point would be ENDURA P.IVA. The company has been collaborating with several Chinabased and India-based companies to expand its footprint in Asia Pacific. In 2014, the company invested US$8

mn in Solex Chemicals Private Ltd., an India-based company, to manufacture chemicals used in the production

of insecticides.

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In terms of revenue...