Market Overview:
The global trisodium trimetaphosphate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for food grade trisodium trimetaphosphate from the food and beverage industry, and rising demand for industrial grade trisodium trimetaphosphate from the gypsum board industry. However, volatility in raw material prices may restrain the growth of this market during the forecast period. On the basis of type, industrial grade accounted for a larger share of the global trisodium trimetaphosphate market in 2017. This can be attributed to its growing use as a deflocculant and dispersant in various industries such as meat processing, dairy products, and gypsum board manufacturing. Food grade is projected to grow at a higher CAGR than industrial grade during 2018-2030 owing to its increasing use as an additive in various processed foods items such as bakery products, confectioneries, snacks etc.
Product Definition:
Trisodium trimetaphosphate is a water soluble inorganic compound with the formula Na3PO4. It is used as a sequestrant, chelator, and flocculant.
Industrial Grade:
Industrial grade is a high purity form of trisodium methanearsonate used as an additive in the manufacturing of adhesives, sealants and coatings. It has applications in various end-use industries such as construction, automotive & transportation, electronics & electrical and general industry.
Food Grade:
Food grade is used in the production of trisodium trimetaphosphate (TSP). It is a type of ion-exchange resins that are used as stabilizers, emulsifiers, and acidity regulators. TSP finds application in dairy products, meat & poultry products, bakery items such as bread and cakes along with other processed food items.
Application Insights:
Food & beverage was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. It is used as a processing aid for vegetables, fruits, pulp and concentrates of sugarcane and corn. The product enhances the quality of proteins by stabilizing their structure thus improving their taste. It also improves texture properties such as tensile strength, water absorption rate, anti-cracking action and emulsification ability which makes it suitable for use in various food products including sauces, salad dressings (dressing), toppings (spread), soups (broth)soda crackersand snacks among others.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for a volume share of over 40% in the global industry. The region is expected to witness significant growth on account of increasing demand from end-use industries, such as food & beverage, construction, and others. China is one of the major producers as well as consumers of these products owing to its large phosphate rock reserves.
North America was valued at USD X million in 2017 and is projected to grow at a CAGR exceeding 5% during the forecast period on account of rising gypsum production coupled with growing demand for packaged food items across this region. Europe also held a considerable share in terms of volume consumption but has been witnessing sluggish growth since 2010 due to stringent regulations regarding environmental pollution caused by phosphate mining activities; however, strict implementation og F-gas regulation may help revive this segment during the forecast period (2018 - 2030).
Growth Factors:
- Increasing demand from the food and beverage industry as a preservative and stabilizer
- Growing application of TMP in detergents, cleaners, and other household products
- Rising demand for TMP in water treatment plants to improve water quality
- Increasing use of TMP as a flocculant in various industrial processes
- Growing popularity of phosphate-free detergents and cleaning products
Scope Of The Report
Report Attributes
Report Details
Report Title
Trisodium Trimetaphosphate Market Research Report
By Type
Industrial Grade, Food Grade
By Application
Food & Beverage, Meat Processing, Dairy Products, Gypsum Board, Others
By Companies
ICL, Innophos, Xingfa Chemicals, Sichuan Mianzhu Norwest Phosphate, Guizhou Sino-Phos Chemical, Chengdu Chemical Engineering Research, Xuzhou Tianjia, Reephos Group, Sichuan Chenghong Phosph-Chemical, Xingxin Biological, Xinxiang Huaxing Chemical, Hens
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Trisodium Trimetaphosphate Market Report Segments:
The global Trisodium Trimetaphosphate 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
Food & Beverage, Meat Processing, Dairy Products, Gypsum Board, Others
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:
- ICL
- Innophos
- Xingfa Chemicals
- Sichuan Mianzhu Norwest Phosphate
- Guizhou Sino-Phos Chemical
- Chengdu Chemical Engineering Research
- Xuzhou Tianjia
- Reephos Group
- Sichuan Chenghong Phosph-Chemical
- Xingxin Biological
- Xinxiang Huaxing Chemical
- Hens
Highlights of The Trisodium Trimetaphosphate 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:
- Food & Beverage
- Meat Processing
- Dairy Products
- Gypsum Board
- Others
- 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 Trisodium Trimetaphosphate 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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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Trisodium trimetaphosphate is a chemical compound with the formula Na3PO4. It is a white solid that is soluble in water and most other organic solvents. Trisodium trimetaphosphate is used as an agricultural fertilizer and to make detergents, plastics, and other products.
Some of the major players in the trisodium trimetaphosphate market are ICL, Innophos, Xingfa Chemicals, Sichuan Mianzhu Norwest Phosphate, Guizhou Sino-Phos Chemical, Chengdu Chemical Engineering Research, Xuzhou Tianjia, Reephos Group, Sichuan Chenghong Phosph-Chemical, Xingxin Biological, Xinxiang Huaxing Chemical, Hens.
The trisodium trimetaphosphate market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Trisodium Trimetaphosphate 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. Trisodium Trimetaphosphate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Trisodium Trimetaphosphate Market - Supply Chain
4.5. Global Trisodium Trimetaphosphate Market Forecast
4.5.1. Trisodium Trimetaphosphate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Trisodium Trimetaphosphate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Trisodium Trimetaphosphate Market Absolute $ Opportunity
5. Global Trisodium Trimetaphosphate 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. Trisodium Trimetaphosphate 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 Trisodium Trimetaphosphate 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. Trisodium Trimetaphosphate Market Size and Volume Forecast by Application
6.3.1. Food & Beverage
6.3.2. Meat Processing
6.3.3. Dairy Products
6.3.4. Gypsum Board
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Trisodium Trimetaphosphate 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. Trisodium Trimetaphosphate 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 Trisodium Trimetaphosphate 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. Trisodium Trimetaphosphate 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 Trisodium Trimetaphosphate Demand Share Forecast, 2019-2026
9. North America Trisodium Trimetaphosphate 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 Trisodium Trimetaphosphate 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 Trisodium Trimetaphosphate Market Size and Volume Forecast by Application
9.4.1. Food & Beverage
9.4.2. Meat Processing
9.4.3. Dairy Products
9.4.4. Gypsum Board
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Trisodium Trimetaphosphate 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 Trisodium Trimetaphosphate Demand Share Forecast, 2019-2026
10. Latin America Trisodium Trimetaphosphate 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 Trisodium Trimetaphosphate 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 Trisodium Trimetaphosphate Market Size and Volume Forecast by Application
10.4.1. Food & Beverage
10.4.2. Meat Processing
10.4.3. Dairy Products
10.4.4. Gypsum Board
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Trisodium Trimetaphosphate 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 Trisodium Trimetaphosphate Demand Share Forecast, 2019-2026
11. Europe Trisodium Trimetaphosphate 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 Trisodium Trimetaphosphate 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 Trisodium Trimetaphosphate Market Size and Volume Forecast by Application
11.4.1. Food & Beverage
11.4.2. Meat Processing
11.4.3. Dairy Products
11.4.4. Gypsum Board
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Trisodium Trimetaphosphate 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 Trisodium Trimetaphosphate Demand Share, 2019-2026
12. Asia Pacific Trisodium Trimetaphosphate 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 Trisodium Trimetaphosphate 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 Trisodium Trimetaphosphate Market Size and Volume Forecast by Application
12.4.1. Food & Beverage
12.4.2. Meat Processing
12.4.3. Dairy Products
12.4.4. Gypsum Board
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Trisodium Trimetaphosphate 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 Trisodium Trimetaphosphate Demand Share, 2019-2026
13. Middle East & Africa Trisodium Trimetaphosphate 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 Trisodium Trimetaphosphate 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 Trisodium Trimetaphosphate Market Size and Volume Forecast by Application
13.4.1. Food & Beverage
13.4.2. Meat Processing
13.4.3. Dairy Products
13.4.4. Gypsum Board
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Trisodium Trimetaphosphate 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 Trisodium Trimetaphosphate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Trisodium Trimetaphosphate Market: Market Share Analysis
14.2. Trisodium Trimetaphosphate Distributors and Customers
14.3. Trisodium Trimetaphosphate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ICL
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Innophos
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Xingfa Chemicals
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sichuan Mianzhu Norwest Phosphate
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Guizhou Sino-Phos Chemical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Chengdu Chemical Engineering Research
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Xuzhou Tianjia
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Reephos Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sichuan Chenghong Phosph-Chemical
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Xingxin Biological
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Xinxiang Huaxing 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. Hens
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