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

  • Date Submitted: 09/07/2016 12:03 AM
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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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Press Release

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...

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