GLOBAL SODIUM TRIPOLYPHOSPHATE MARKET:TRENDS ANALYSIS AND FORECASTS UP TO 2022

Global Sodium Tripolyphosphate Market was 3.x million tons. The report segments the global sodium tripolyphosphate mar-
The global sodium tripolyphosphate market is projected to ket by application, and region. On the basis of application, the
reach USD X.xx billion by 2022, growing with a CAGR of 5.5% market is segmented as ceramic tiles, detergent, food addi-
to 6.0%from 2016 to 2022. Sodium tripolyphosphate is the alka- tives, metal treatment, paints, water treatment, and others.
line salt form of sodium phosphoric acid. It is an inorganic
The report provides regional analysis covering geographies
odourless white coarse powder, which dissolves in water. Sodi-
such as North America, Europe, Asia-Pacific, and Rest of the
um tripolyphosphate is used as an additive to make the sea-
World. Asia-Pacific region leads the global STPP market, as
food products, firm, glossier, and smoother. Moreover, STPP is
China is the largest producer of sodium tripolyphosphate, with a
used for processing of meats, modified starch, as well as sau-
market share of more than 40% in 2014 and 2015. Major STTP
sage. It increases the pH value of meat and seafood, and
industrial units are present in china to tap the abundant re-
hence the water retention capacity of those increases. STPP
sources. The decrease in export of STPP from China is ex-
find application in the preservation of milk as well as fruit juice
pected to affect the Asia-Pacific market slightly, as China is a
products. STPP is a good cleaning agent and it softens the
major exporter of STTP. However, the demand for detergent
hard water for easy foaming. Moreover, it helps the surfactants
products and institutional cleaning products in the region are
that dissolve the dirt to function effectively. Hence, STPP find
expected to drive the market in the near future. In Europe, the
applications in detergents industry for the manufacturing of
stringent laws are likely to affect the growth of STPP consump-
detergents, dish washing products, soaps, and various other
tion in detergent industry, as detergent manufactures are ex-
household and industrial cleaning products. STPP also find
pected to look for eco-friendly alternatives. In North America,
applications in industries such as cement, ceramics, paints,
government regulations affect the growth of the STTP market in
paper, and leather.
the region. In South America, the relaxed regulations and the
The demand from the food and beverages industries is ex- demand for cleaning products in Brazil and other countries are
pected to drive the growth of the Global Sodium Tripolyphos- expected to drive the STPP market over the forecast period.
phate Market. The increase in demand for cleaning products in The major industrial players in the STTP market have invested
the emerging economies is further expected to drive the growth in many emerging nations to expand their business, as there
of the sodium tripolyphosphate market. Fluctuating Prices of are more opportunities to grow, when compared to the matured
STPP is a challenge for the major players in the market due to economies, where stringent regulations restricts potential.
changing consumption patterns around the world. Stringent
Companies Profiled: The companies covered in the report in-
government regulations for food and beverages industry in sev-
clude Alfa Aesar, FMC Foret SA, Hubei Xingfa Chemical Group
eral countries are expected to force many industries to look for
Co.Ltd, ICL Performance Products LP, Innophos Inc, Sichuan
the alternatives of sodium tripolyphosphate (STPP). This in turn
Jianguang Industrial Group Co.Ltd, The Mosaic Company,
is likely to be the major restraining factor affecting the growth of
Tianyuan Group, Quimir SA de CV, and Wengfu Group Co.Ltd.
STPP over the forecast period. Polysaccharides are expected
to pose serious threat to sodium tripolyphosphate, as an alter-
native in near future, as they are cheaper and eco-friendly.
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