Global Sodium Tripolyphosphate Market Size, Share, Trends, Industry Growth by Type (Powder, Granular), by Grade (Technical Grade, Food Grade), by Application, by End-Use Industry, by Region, and Forecast to 2028

Price: 3600/- USD | Published Date: March 1, 2022 |

The global sodium tripolyphosphate market size was valued at over USD 2 billion in 2021 and expected to witness a sustainable CAGR of around 2%during the forecast period 2022 to 2028. The increasing demand for the product in various end-use industries such as food & beverage, textiles, and paper & pulp is a major factor to drive the market growth. Furthermore, the increasing demand for cleaning products from the industrial and institutional sectors is further anticipated to fuel the market growth over the forecast period. Moreover, the increasing demand for the product as food additives from the food & beverage industry is expected to propel the market growth in next upcoming years.

Market Insights:

By application, the synthetic detergent segment is expected to hold the largest market share by 2028

The global sodium tripolyphosphate market is bifurcated into type, grade, application, end-use industry, and geography. On the basis of application, the market is further segmented into synthetic detergent, boiler compound, water softener, paper manufacturing, and others. The synthetic detergent segment dominated the global market in 202o and is expected to hold s significant market share of around one-third of the market by the end of the analysis period. The increasing demand for the product in the manufacturing and industrial sector for cleaning application is a major factor to drive the segment growth. On the flip side, the food additives segment is estimated to grow at the fastest growth rate over the forecast period.

By end-use industry, the food & beverage segment dominated the global market in 2020

On the basis of end-use industry, the market is segmented into food & beverages, textile & leather industries, paper & pulp industry, paints & coating, and others. The food & beverage segment dominated the global sodium tripolyphosphate market in 2020 and accounted to hold the largest market share of around one-third percent of the market. The increasing demand for packaged food across the globe is a primary factor to drive the segment growth. Furthermore, a large consumer base and the growing disposable income per capita are further expected to fuel the segment growth over the forecast period.

Sodium Tripolyphosphate Market Size & Forecast

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The sodium tripolyphosphate comprehensive study analyzes industry trends, market size, competitive analysis, and market forecast – 2022 to 2028. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The sodium tripolyphosphate market research report presents the analysis of each segment from 2019 to 2028 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

  • 2019-20 – Historical Year
  • 2021 – Base Year
  • 2022-2028 – Forecast Period

Global Sodium Tripolyphosphate Market Segmentation:

Sodium Tripolyphosphate Market Segmentation by Type:

  • Powder
  • Granular

Sodium Tripolyphosphate Market Segmentation by Grade:

  • Technical Grade
  • Food Grade

Sodium Tripolyphosphate Market Segmentation by Application:

  • Synthetic Detergent
  • Boiler Compound
  • Water Softener
  • Paper Manufacturing
  • Textile Smelting
  • Leather Tanning
  • Ceramic Paints
  • Food Additives
  • Others

Sodium Tripolyphosphate Market Segmentation by End-Use Industry:

  • Food & Beverages
  • Textile & Leather Industries
  • Paper & Pulp Industry
  • Paints & Coating
  • Others

Sodium Tripolyphosphate Market Segmentation by Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Sodium Tripolyphosphate Market: Geographic Coverage

The large consumer base is a major factor to drive the market growth in the Asia Pacific at a significant CAGR

Geographically, the Asia Pacific dominated the global sodium tripolyphosphate market in 2020 and is expected to hold the largest market share of over one-third of the market by the end of the analysis period.  The large-scale production and the increasing export are some of the major factors to drive the market growth in the region. Furthermore, the large consumer base and the growing disposable income per capita are further anticipated to fuel the market growth in the Asia Pacific. Moreover, the growing industrialization and the increasing number of manufacturing units in developing economies are expected to boost market growth.

Sodium Tripolyphosphate Market: Competitive Assessment

Some of the major market players operating in the global sodium tripolyphosphate market are Hubei Xingfa Chemicals Group Co. Ltd., Sigma-Aldrich, Haifa Group, Shifang Sundia, and Tata Chemicals. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

List of Key Companies:

  • Hubei Xingfa Chemicals Group Co. Ltd.
  • Sigma-Aldrich
  • Haifa Group
  • Shifang Sundia
  • Tata Chemicals
  • Chimaque ALKAMIA
  • Tri-Chem Industries
  • Innophos Holdings Inc.
  • Israel Chemicals Ltd.
  • Merck KGaA

Key Questions Answered by Sodium Tripolyphosphate Market Report

  • Global sodium tripolyphosphate market forecasts from 2022-2028
  • Regional market forecasts from 2022-2028 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
  • Country-level forecasts from 2022-2028 covering 15 major countries from the regions as mentioned above
  • Sodium tripolyphosphate submarket forecasts from 2022-2028 covering the market by type, by grade, by application, by end-use industry, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis about the market
  • Analysis of the key factors driving and restraining the growth of the global, regional, and country-level sodium tripolyphosphate markets from 2022-2028
  • Competitive Landscape and market positioning of top 10 players operating in the market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Sodium Tripolyphosphate Market Portraiture
2.2. Global Sodium Tripolyphosphate Market, by Type, 2021 (USD Mn)
2.3. Global Sodium Tripolyphosphate Market, by Grade, 2021 (USD Mn)
2.4. Global Sodium Tripolyphosphate Market, by Application, 2021 (USD Mn)
2.5. Global Sodium Tripolyphosphate Market, by End-Use Industry, 2021 (USD Mn)
2.6. Global Sodium Tripolyphosphate Market, by Geography, 2021 (USD Mn)

 

3. Global Sodium Tripolyphosphate Market Analysis


3.1. Sodium Tripolyphosphate Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. COVID-19 Impact Analysis

 

4. Global Sodium Tripolyphosphate Market By Type, 2019 – 2028 (USD Mn)


4.1. Overview
4.2. Powder
4.3. Granular

 

5. Global Sodium Tripolyphosphate Market By Grade, 2019 – 2028 (USD Mn)


5.1. Overview
5.2. Technical Grade
5.3. Food Grade

 

6. Global Sodium Tripolyphosphate Market By Application, 2019 – 2028 (USD Mn)


6.1. Overview
6.2. Synthetic Detergent
6.3. Boiler Compound
6.4. Water Softener
6.5. Paper Manufacturing
6.6. Textile Smelting
6.7. Leather Tanning
6.8. Ceramic Paints
6.9. Food Additives
6.10. Others

 

7. Global Sodium Tripolyphosphate Market By End-Use Industry, 2019 – 2028 (USD Mn)


7.1. Overview
7.2. Food & Beverages
7.3. Textile & Leather Industries
7.4. Paper & Pulp Industry
7.5. Paints & Coating
7.6. Others

 

8. North America Sodium Tripolyphosphate Market Analysis and Forecast, 2019 – 2028 (USD Mn)


8.1.1. Overview
8.1.2. North America Sodium Tripolyphosphate Market by Type (2019-2028 USD Mn)
8.1.3. North America Sodium Tripolyphosphate Market by Grade (2019-2028 USD Mn)
8.1.4. North America Sodium Tripolyphosphate Market by Application (2019-2028 USD Mn)
8.1.5. North America Sodium Tripolyphosphate Market by End-Use Industry (2019-2028 USD Mn)
8.1.6. North America Sodium Tripolyphosphate Market by Country (2019-2028 USD Mn)
8.1.6.1. U.S.
8.1.6.1.1. U.S. Sodium Tripolyphosphate Market by Type (2019-2028 USD Mn)
8.1.6.1.2. U.S. Sodium Tripolyphosphate Market by Grade (2019-2028 USD Mn)
8.1.6.1.3. U.S. Sodium Tripolyphosphate Market by Application (2019-2028 USD Mn)
8.1.6.1.4. U.S. Sodium Tripolyphosphate Market by End-Use Industry (2019-2028 USD Mn)
8.1.6.2. Canada
8.1.6.2.1. Canada Sodium Tripolyphosphate Market by Type (2019-2028 USD Mn)
8.1.6.2.2. Canada Sodium Tripolyphosphate Market by Grade (2019-2028 USD Mn)
8.1.6.2.3. Canada Sodium Tripolyphosphate Market by Application (2019-2028 USD Mn)
8.1.6.2.4. Canada Sodium Tripolyphosphate Market by End-Use Industry (2019-2028 USD Mn)

 

9. Europe Sodium Tripolyphosphate Market Analysis and Forecast, 2019 – 2028 (USD Mn)


9.1.1. Overview
9.1.2. Europe Sodium Tripolyphosphate Market by Type (2019-2028 USD Mn)
9.1.3. Europe Sodium Tripolyphosphate Market by Grade (2019-2028 USD Mn)
9.1.4. Europe Sodium Tripolyphosphate Market by Application (2019-2028 USD Mn)
9.1.5. Europe Sodium Tripolyphosphate Market by End-Use Industry (2019-2028 USD Mn)
9.1.6. Europe Sodium Tripolyphosphate Market by Country (2019-2028 USD Mn)
9.1.6.1. Germany
9.1.6.1.1. Germany Sodium Tripolyphosphate Market by Type (2019-2028 USD Mn)
9.1.6.1.2. Germany Sodium Tripolyphosphate Market by Grade (2019-2028 USD Mn)
9.1.6.1.3. Germany Sodium Tripolyphosphate Market by Application (2019-2028 USD Mn)
9.1.6.1.4. Germany Sodium Tripolyphosphate Market by End-Use Industry (2019-2028 USD Mn)
9.1.6.2. U.K.
9.1.6.2.1. U.K. Sodium Tripolyphosphate Market by Type (2019-2028 USD Mn)
9.1.6.2.2. U.K. Sodium Tripolyphosphate Market by Grade (2019-2028 USD Mn)
9.1.6.2.3. U.K. Sodium Tripolyphosphate Market by Application (2019-2028 USD Mn)
9.1.6.2.4. U.K. Sodium Tripolyphosphate Market by End-Use Industry (2019-2028 USD Mn)
9.1.6.3. France
9.1.6.3.1. France Sodium Tripolyphosphate Market by Type (2019-2028 USD Mn)
9.1.6.3.2. France Sodium Tripolyphosphate Market by Grade (2019-2028 USD Mn)
9.1.6.3.3. France Sodium Tripolyphosphate Market by Application (2019-2028 USD Mn)
9.1.6.3.4. France Sodium Tripolyphosphate Market by End-Use Industry (2019-2028 USD Mn)
9.1.6.4. Italy
9.1.6.4.1. Italy Sodium Tripolyphosphate Market by Type (2019-2028 USD Mn)
9.1.6.4.2. Italy Sodium Tripolyphosphate Market by Grade (2019-2028 USD Mn)
9.1.6.4.3. Italy Sodium Tripolyphosphate Market by Application (2019-2028 USD Mn)
9.1.6.4.4. Italy Sodium Tripolyphosphate Market by End-Use Industry (2019-2028 USD Mn)
9.1.6.5. Rest of Europe
9.1.6.5.1. Rest of Europe Sodium Tripolyphosphate Market by Type (2019-2028 USD Mn)
9.1.6.5.2. Rest of Europe Sodium Tripolyphosphate Market by Grade (2019-2028 USD Mn)
9.1.6.5.3. Rest of Europe Sodium Tripolyphosphate Market by Application (2019-2028 USD Mn)
9.1.6.5.4. Rest of Europe Sodium Tripolyphosphate Market by End-Use Industry (2019-2028 USD Mn)

 

10. Asia Pacific Sodium Tripolyphosphate Market Analysis and Forecast, 2019 – 2028 (USD Mn)


10.1.1. Overview
10.1.2. Asia Pacific Sodium Tripolyphosphate Market by Type (2019-2028 USD Mn)
10.1.3. Asia Pacific Sodium Tripolyphosphate Market by Grade (2019-2028 USD Mn)
10.1.4. Asia Pacific Sodium Tripolyphosphate Market by Application (2019-2028 USD Mn)
10.1.5. Asia Pacific Sodium Tripolyphosphate Market by End-Use Industry (2019-2028 USD Mn)
10.1.6. Asia Pacific Sodium Tripolyphosphate Market by Country (2019-2028 USD Mn)
10.1.6.1. China
10.1.6.1.1. China Sodium Tripolyphosphate Market by Type (2019-2028 USD Mn)
10.1.6.1.2. China Sodium Tripolyphosphate Market by Grade (2019-2028 USD Mn)
10.1.6.1.3. China Sodium Tripolyphosphate Market by Application (2019-2028 USD Mn)
10.1.6.1.4. China Sodium Tripolyphosphate Market by End-Use Industry (2019-2028 USD Mn)
10.1.6.2. Japan
10.1.6.2.1. Japan Sodium Tripolyphosphate Market by Type (2019-2028 USD Mn)
10.1.6.2.2. Japan Sodium Tripolyphosphate Market by Grade (2019-2028 USD Mn)
10.1.6.2.3. Japan Sodium Tripolyphosphate Market by Application (2019-2028 USD Mn)
10.1.6.2.4. Japan Sodium Tripolyphosphate Market by End-Use Industry (2019-2028 USD Mn)
10.1.6.3. Rest of Asia Pacific
10.1.6.3.1. Rest of Asia Pacific Sodium Tripolyphosphate Market by Type (2019-2028 USD Mn)
10.1.6.3.2. Rest of Asia Pacific Sodium Tripolyphosphate Market by Grade (2019-2028 USD Mn)
10.1.6.3.3. Rest of Asia Pacific Sodium Tripolyphosphate Market by Application (2019-2028 USD Mn)
10.1.6.3.4. Rest of Asia Pacific Sodium Tripolyphosphate Market by End-Use Industry (2019-2028 USD Mn)

 

11. Latin America (LATAM) Sodium Tripolyphosphate Market Analysis and Forecast, 2019 – 2028 (USD Mn)


11.1.1. Overview
11.1.2. Latin America Sodium Tripolyphosphate Market by Type (2019-2028 USD Mn)
11.1.3. Latin America Sodium Tripolyphosphate Market by Grade (2019-2028 USD Mn)
11.1.4. Latin America Sodium Tripolyphosphate Market by Application (2019-2028 USD Mn)
11.1.5. Latin America Sodium Tripolyphosphate Market by End-Use Industry (2019-2028 USD Mn)
11.1.6. Latin America Sodium Tripolyphosphate Market by Country (2019-2028 USD Mn)
11.1.6.1. Brazil
11.1.6.1.1. Brazil Sodium Tripolyphosphate Market by Type (2019-2028 USD Mn)
11.1.6.1.2. Brazil Sodium Tripolyphosphate Market by Grade (2019-2028 USD Mn)
11.1.6.1.3. Brazil Sodium Tripolyphosphate Market by Application (2019-2028 USD Mn)
11.1.6.1.4. Brazil Sodium Tripolyphosphate Market by End-Use Industry (2019-2028 USD Mn)
11.1.6.2. Mexico
11.1.6.2.1. Mexico Sodium Tripolyphosphate Market by Type (2019-2028 USD Mn)
11.1.6.2.2. Mexico Sodium Tripolyphosphate Market by Grade (2019-2028 USD Mn)
11.1.6.2.3. Mexico Sodium Tripolyphosphate Market by Application (2019-2028 USD Mn)
11.1.6.2.4. Mexico Sodium Tripolyphosphate Market by End-Use Industry (2019-2028 USD Mn)
11.1.6.3. Rest of Latin America
11.1.6.3.1. Rest of Latin America Sodium Tripolyphosphate Market by Type (2019-2028 USD Mn)
11.1.6.3.2. Rest of Latin America Sodium Tripolyphosphate Market by Grade (2019-2028 USD Mn)
11.1.6.3.3. Rest of Latin America Sodium Tripolyphosphate Market by Application (2019-2028 USD Mn)
11.1.6.3.4. Rest of Latin America Sodium Tripolyphosphate Market by End-Use Industry (2019-2028 USD Mn)

 

12. Middle East and Africa Sodium Tripolyphosphate Market Analysis and Forecast, 2019 – 2028 (USD Mn)


12.1.1. Overview
12.1.2. MEA Sodium Tripolyphosphate Market by Type (2019-2028 USD Mn)
12.1.3. MEA Sodium Tripolyphosphate Market by Grade (2019-2028 USD Mn)
12.1.4. MEA Sodium Tripolyphosphate Market by Application (2019-2028 USD Mn)
12.1.5. MEA Sodium Tripolyphosphate Market by End-Use Industry (2019-2028 USD Mn)
12.1.6. Middle East and Africa Sodium Tripolyphosphate Market, by Country (2019-2028 USD Mn)
12.1.6.1. GCC
12.1.6.1.1. GCC Sodium Tripolyphosphate Market by Type (2019-2028 USD Mn)
12.1.6.1.2. GCC Sodium Tripolyphosphate Market by Grade (2019-2028 USD Mn)
12.1.6.1.3. GCC Sodium Tripolyphosphate Market by Application (2019-2028 USD Mn)
12.1.6.1.4. GCC Sodium Tripolyphosphate Market by End-Use Industry (2019-2028 USD Mn)
12.1.6.2. South Africa
12.1.6.2.1. South Africa Sodium Tripolyphosphate Market by Type (2019-2028 USD Mn)
12.1.6.2.2. South Africa Sodium Tripolyphosphate Market by Grade (2019-2028 USD Mn)
12.1.6.2.3. South Africa Sodium Tripolyphosphate Market by Application (2019-2028 USD Mn)
12.1.6.2.4. South Africa Sodium Tripolyphosphate Market by End-Use Industry (2019-2028 USD Mn)
12.1.6.3. Rest of MEA
12.1.6.3.1. Rest of MEA Sodium Tripolyphosphate Market by Type (2019-2028 USD Mn)
12.1.6.3.2. Rest of MEA Sodium Tripolyphosphate Market by Grade (2019-2028 USD Mn)
12.1.6.3.3. Rest of MEA Sodium Tripolyphosphate Market by Application (2019-2028 USD Mn)
12.1.6.3.4. Rest of MEA Sodium Tripolyphosphate Market by End-Use Industry (2019-2028 USD Mn)

 

13. Company Profiles


13.1. Hubei Xingfa Chemicals Group Co. Ltd.
13.1.1. Business Description
13.1.2. Financial Health and Budget Allocation
13.1.3. Product Positions/Portfolio
13.1.4. Recent Development
13.1.5. SWOT Analysis
13.2. Sigma-Aldrich
13.2.1. Business Description
13.2.2. Financial Health and Budget Allocation
13.2.3. Product Positions/Portfolio
13.2.4. Recent Development
13.2.5. SWOT Analysis
13.3. Haifa Group
13.3.1. Business Description
13.3.2. Financial Health and Budget Allocation
13.3.3. Product Positions/Portfolio
13.3.4. Recent Development
13.3.5. SWOT Analysis
13.4. Shifang Sundia
13.4.1. Business Description
13.4.2. Financial Health and Budget Allocation
13.4.3. Product Positions/Portfolio
13.4.4. Recent Development
13.4.5. SWOT Analysis
13.5. Tata Chemicals
13.5.1. Business Description
13.5.2. Financial Health and Budget Allocation
13.5.3. Product Positions/Portfolio
13.5.4. Recent Development
13.5.5. SWOT Analysis
13.6. Chimaque ALKAMIA
13.6.1. Business Description
13.6.2. Financial Health and Budget Allocation
13.6.3. Product Positions/Portfolio
13.6.4. Recent Development
13.6.5. SWOT Analysis
13.7. Tri-Chem Industries
13.7.1. Business Description
13.7.2. Financial Health and Budget Allocation
13.7.3. Product Positions/Portfolio
13.7.4. Recent Development
13.7.5. SWOT Analysis
13.8. Innophos Holdings Inc.
13.8.1. Business Description
13.8.2. Financial Health and Budget Allocation
13.8.3. Product Positions/Portfolio
13.8.4. Recent Development
13.8.5. SWOT Analysis
13.9. Israel Chemicals Ltd.
13.9.1. Business Description
13.9.2. Financial Health and Budget Allocation
13.9.3. Product Positions/Portfolio
13.9.4. Recent Development
13.9.5. SWOT Analysis
13.10. Merck KGaA
13.10.1. Business Description
13.10.2. Financial Health and Budget Allocation
13.10.3. Product Positions/Portfolio
13.10.4. Recent Development
13.10.5. SWOT Analysis
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