Market Overview:
The global sodium tripolyphosphate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for synthetic detergents and water softeners across the globe. Sodium tripolyphosphate is used as a synergist for soap, water softener, tanning agent for leather making, auxiliary for dyeing, and quality improver in various applications. It also acts as a PH regulator and metal chelating agent. North America dominates the global sodium tripolyphosphate market due to high demand from end-use industries such as automotive, textiles, food & beverage, and pharmaceuticals.
Product Definition:
Sodium Tripolyphosphate is a salt of the polyphosphoric acid. It is used in detergents as a builder, which means that it helps to remove calcium and magnesium deposits from water. It also functions as a wetting agent, which improves the ability of soap to form suds and clean surfaces.
Industrial Grade:
Industrial grade is a high purity form of the chemical, which is used in various end-use industries such as agriculture, food & beverage and pharmaceutical. It has applications in fertilizers for improving their quality and increasing their content of phosphorous and potassium. In addition, it also helps to increase the yield by enhancing resistance against diseases caused by fungi or bacteria.
Food Grade:
Food grade is the term used for products that are intended for human consumption. It is also known as general purpose or commercial-grade product. The major application of food-grade chemicals includes food processing and packaging, dairy products, meat & poultry, seafood and beverages among others. Sodium tripolyphosphate (STP) which is a chemical compound primarily used in the production of fertilizers consists of phosphoric acid and sodium oxide.
Application Insights:
Synthetic detergent was the largest application segment and accounted for over 60% of the global sodium tripolyphosphate market in 2016. The product is widely used as an ingredient in liquid detergents, dry cleaning products and industrial cleaners. It acts as a surfactant which helps remove soil from surfaces by dissolving it into water. Liquid detergents are generally made from natural ingredients such as phosphates, soaps and fatty acids that act as emulsifiers to enhance their effectiveness.
The demand for synthetic detergent has been rising due to its ability to clean tough stains without leaving any residuals on fabrics or dishes which was a major factor driving industry growth over the past few years. However, increasing awareness among consumers regarding sustainable production coupled with growing environmental concerns regarding toxic waste disposal may hinder industry growth during the forecast period thereby affecting Latin America, Middle East & Africa region negatively while North America positively.
Regional Analysis:
Asia Pacific sodium tripolyphosphate market is expected to grow at the highest CAGR of XX% from 2018 to 2030 owing to increasing demand for detergents and synthetic synergists in soap manufacturing industries. The growing population coupled with rising disposable income has led to an increase in the consumption of packaged food, which is further anticipated to drive product demand over the forecast period.
The growth of end-use industries such as textile, tanning agents for leather making, dyes & colorants and wood preservation are anticipated boost product consumption across Europe during the forecast period. Increasing R&D activities on improving water quality along with stringent government regulations pertaining high PH levels in natural waters have resulted into increased use sodium polyphosphates as water treatment additives over past few years thereby driving industry growth across this region.
Growth Factors:
- Growing demand from the detergent industry as a result of increasing population and rising income levels in developing countries.
- Rising demand for STPP from the food processing industry due to its functional properties such as emulsification, water retention, and stabilization.
- Increasing use of STPP in personal care products due to its ability to improve product quality and stability.
- Growing awareness about the benefits of STPP among consumers, which is resulting in an increase in its demand across different applications segments.
Scope Of The Report
Report Attributes
Report Details
Report Title
Sodium Tripolyphosphate Market Research Report
By Type
Industrial Grade, Food Grade
By Application
Synthetic Detergent, Synergist for Soap, Water Softener, Tanning Agent for Leather Making, Auxiliary for Dyeing, Water Retention Agent, Quality Improver, PH Regulator, Metal Chelating Agent
By Companies
Mosaic Company, HBCChem, Hubei Xingfa Chemicals Group, Yuntianhua Group, Chengxing Industrial Group, Tianyuan Group, Wengfu Group, Wuhan Inorganic Salt Chemical Co., Ltd., Yunnan Nanlin Group, Sichuan Jinguang Industrial Group., Sichuan Bluesword Chemical., Guizhou Sino-Pho Chemical.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Sodium Tripolyphosphate Market Report Segments:
The global Sodium Tripolyphosphate market is segmented on the basis of:
Types
Industrial Grade, Food Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Synthetic Detergent, Synergist for Soap, Water Softener, Tanning Agent for Leather Making, Auxiliary for Dyeing, Water Retention Agent, Quality Improver, PH Regulator, Metal Chelating Agent
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mosaic Company
- HBCChem
- Hubei Xingfa Chemicals Group
- Yuntianhua Group
- Chengxing Industrial Group
- Tianyuan Group
- Wengfu Group
- Wuhan Inorganic Salt Chemical Co., Ltd.
- Yunnan Nanlin Group
- Sichuan Jinguang Industrial Group.
- Sichuan Bluesword Chemical.
- Guizhou Sino-Pho Chemical.
Highlights of The Sodium Tripolyphosphate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Industrial Grade
- Food Grade
- By Application:
- Synthetic Detergent
- Synergist for Soap
- Water Softener
- Tanning Agent for Leather Making
- Auxiliary for Dyeing
- Water Retention Agent
- Quality Improver
- PH Regulator
- Metal Chelating Agent
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Sodium Tripolyphosphate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Sodium tripolyphosphate is a salt that is used as a food additive. It helps to improve the texture and appearance of foods.
Some of the major companies in the sodium tripolyphosphate market are Mosaic Company, HBCChem, Hubei Xingfa Chemicals Group, Yuntianhua Group, Chengxing Industrial Group, Tianyuan Group, Wengfu Group, Wuhan Inorganic Salt Chemical Co., Ltd., Yunnan Nanlin Group, Sichuan Jinguang Industrial Group., Sichuan Bluesword Chemical., Guizhou Sino-Pho Chemical..
The sodium tripolyphosphate market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sodium Tripolyphosphate Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Sodium Tripolyphosphate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sodium Tripolyphosphate Market - Supply Chain
4.5. Global Sodium Tripolyphosphate Market Forecast
4.5.1. Sodium Tripolyphosphate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sodium Tripolyphosphate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sodium Tripolyphosphate Market Absolute $ Opportunity
5. Global Sodium Tripolyphosphate Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Sodium Tripolyphosphate Market Size and Volume Forecast by Type
5.3.1. Industrial Grade
5.3.2. Food Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sodium Tripolyphosphate Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Sodium Tripolyphosphate Market Size and Volume Forecast by Application
6.3.1. Synthetic Detergent
6.3.2. Synergist for Soap
6.3.3. Water Softener
6.3.4. Tanning Agent for Leather Making
6.3.5. Auxiliary for Dyeing
6.3.6. Water Retention Agent
6.3.7. Quality Improver
6.3.8. PH Regulator
6.3.9. Metal Chelating Agent
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sodium Tripolyphosphate Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Sodium Tripolyphosphate Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Sodium Tripolyphosphate Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Sodium Tripolyphosphate Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Sodium Tripolyphosphate Demand Share Forecast, 2019-2026
9. North America Sodium Tripolyphosphate Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Sodium Tripolyphosphate Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Sodium Tripolyphosphate Market Size and Volume Forecast by Application
9.4.1. Synthetic Detergent
9.4.2. Synergist for Soap
9.4.3. Water Softener
9.4.4. Tanning Agent for Leather Making
9.4.5. Auxiliary for Dyeing
9.4.6. Water Retention Agent
9.4.7. Quality Improver
9.4.8. PH Regulator
9.4.9. Metal Chelating Agent
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Sodium Tripolyphosphate Market Size and Volume Forecast by Type
9.7.1. Industrial Grade
9.7.2. Food Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Sodium Tripolyphosphate Demand Share Forecast, 2019-2026
10. Latin America Sodium Tripolyphosphate Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Sodium Tripolyphosphate Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Sodium Tripolyphosphate Market Size and Volume Forecast by Application
10.4.1. Synthetic Detergent
10.4.2. Synergist for Soap
10.4.3. Water Softener
10.4.4. Tanning Agent for Leather Making
10.4.5. Auxiliary for Dyeing
10.4.6. Water Retention Agent
10.4.7. Quality Improver
10.4.8. PH Regulator
10.4.9. Metal Chelating Agent
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Sodium Tripolyphosphate Market Size and Volume Forecast by Type
10.7.1. Industrial Grade
10.7.2. Food Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Sodium Tripolyphosphate Demand Share Forecast, 2019-2026
11. Europe Sodium Tripolyphosphate Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Sodium Tripolyphosphate Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Sodium Tripolyphosphate Market Size and Volume Forecast by Application
11.4.1. Synthetic Detergent
11.4.2. Synergist for Soap
11.4.3. Water Softener
11.4.4. Tanning Agent for Leather Making
11.4.5. Auxiliary for Dyeing
11.4.6. Water Retention Agent
11.4.7. Quality Improver
11.4.8. PH Regulator
11.4.9. Metal Chelating Agent
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Sodium Tripolyphosphate Market Size and Volume Forecast by Type
11.7.1. Industrial Grade
11.7.2. Food Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Sodium Tripolyphosphate Demand Share, 2019-2026
12. Asia Pacific Sodium Tripolyphosphate Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Sodium Tripolyphosphate Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Sodium Tripolyphosphate Market Size and Volume Forecast by Application
12.4.1. Synthetic Detergent
12.4.2. Synergist for Soap
12.4.3. Water Softener
12.4.4. Tanning Agent for Leather Making
12.4.5. Auxiliary for Dyeing
12.4.6. Water Retention Agent
12.4.7. Quality Improver
12.4.8. PH Regulator
12.4.9. Metal Chelating Agent
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Sodium Tripolyphosphate Market Size and Volume Forecast by Type
12.7.1. Industrial Grade
12.7.2. Food Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Sodium Tripolyphosphate Demand Share, 2019-2026
13. Middle East & Africa Sodium Tripolyphosphate Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Sodium Tripolyphosphate Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Sodium Tripolyphosphate Market Size and Volume Forecast by Application
13.4.1. Synthetic Detergent
13.4.2. Synergist for Soap
13.4.3. Water Softener
13.4.4. Tanning Agent for Leather Making
13.4.5. Auxiliary for Dyeing
13.4.6. Water Retention Agent
13.4.7. Quality Improver
13.4.8. PH Regulator
13.4.9. Metal Chelating Agent
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Sodium Tripolyphosphate Market Size and Volume Forecast by Type
13.7.1. Industrial Grade
13.7.2. Food Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Sodium Tripolyphosphate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Sodium Tripolyphosphate Market: Market Share Analysis
14.2. Sodium Tripolyphosphate Distributors and Customers
14.3. Sodium Tripolyphosphate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Mosaic Company
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. HBCChem
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hubei Xingfa Chemicals Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Yuntianhua Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Chengxing Industrial Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Tianyuan Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Wengfu Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Wuhan Inorganic Salt Chemical Co., Ltd.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Yunnan Nanlin Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sichuan Jinguang Industrial Group.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Sichuan Bluesword Chemical.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Guizhou Sino-Pho Chemical.
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
