Global Piperonyl Butoxide market 2024-2030

The population is increasing at an increasing rate due to which the demand for food also increasing. Piperonyl is a waxy white solid which does not have any pesticidal activity of its own, but it enhances other pesticides such as carbamates, pyrethrin, pyrethroids, and rotenone.

Piperonyl butoxide is in use in the agriculture sector as it is a kind of pesticide. With the increase in the problem of storing food in developing the market, it plays a vital role. Piperonyl butoxide is used to kill pest and insect, but due to its low toxic level, it can be used in homes as well. Another use of piperonyl butoxide is in gardens and parks, and it is also essential in a veterinary clinic.

The report on global piperonyl butoxide market shows insights on the current market scenario by conducting over 280 hours of primary and secondary research. As per the report, global piperonyl butoxide market is growing its area and effective sphere of influence very fast and is gaining popularity. This piperonyl butoxide market was estimated at US $ xxx million in 2018 and is said to rise to US $ xxx million by the year 2023. The CAGR's projection is at xx % for the period ranging from 2018-2023.

The main reason for the growth of piperonyl butoxide is the increasing application in the agriculture sector and at the same time due to its low toxicity can easily be used in any household.

One of the main reasons for the reduction in the growth of this product is because there are a wide variety of pesticides present in the market unless and until someone especially tells about this product the consumer will be unable to buy it. The other reason being people are becoming health conscious day by day, and they want to have food which is produced by minimal or no use of insecticides and pesticides.

Region wise it is segmented into six segments namely, North America, Europe, Asia-Pacific, South America, Middle East, and Africa. Europe is said to be the leading consumer and exporter of piperonyl butoxide. The consumption of piperonyl butoxide was recorded at 34.6% in the global market. China is the next in line with the consumption rate of 21%. China is now the key producer of this product globally.

The key players in the global piperonyl butoxide market are ENDURA P.IVA, Sumitomo Chemical Co., Ltd.,Wujiang Shuguang Chemical Co., Ltd.,Alfa Aesar, Capot Chemicals Co. Ltd, Hem Corporation, Shanghai Skyblue Chemical Co., Ltd., and Zhejiang Rayfull Chemicals Co., Ltd.

The research procedure starts with the bifurcation of different market segments of global piperonyl butoxide market, followed by detection of factors affecting the growth each segment. Then, the market forecasts were built based on the inputs given by the business leaders across global piperonyl butoxide industry value chain. Market Krystal held more than 40 interviews for this study, details of which are mentioned:

By company type:

Manufacturers (35%), Suppliers (35%), Consumers (10%), Researchers (10%), Independent industry consultant (10%)

By geography:

North America (35%), Asia (30%), Europe (35%)

By designation:

Top level (40%), Operation level (30%), Mid-level (30%)

Contents of the report:

• Insights on the global piperonyl butoxide industry dynamics
• Current estimation of the global piperonyl butoxide market size in terms of value and volume
• Global piperonyl butoxide market breakup based on product type and application.
• Authenticated global piperonyl butoxide market forecast for the next five years
• Comprehensive analysis of the key companies operating across different nodes of global piperonyl butoxide industry value chain.

Please note: this is delivered as an excel file. Show more