Escalating Demand for Crop Protection Chemicals to Give Piperonyl Butoxide (PBO) Market in APAC Significant Boost, Reports TMR
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. Large-scale manufacturers of piperonyl butoxide with integrated operations possess a competitive advantage owing to easy access to...
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