Global Sodium Triphosphate Market Size By Type (Food Grade, Sequestrant, Emulsifier and Stabilizer), By Application (Synergist for Soap, Tanning Agent for Leather-making, Synthetic Detergent), By End-User Industry (Pharmaceutical and Cosmetics, Agriculture, Food and Beverages), By Geographic Scope and Forecast

Report ID: 21078|No. of Pages: 202

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Global Sodium Triphosphate Market Size By Type (Food Grade, Sequestrant, Emulsifier and Stabilizer), By Application (Synergist for Soap, Tanning Agent for Leather-making, Synthetic Detergent), By End-User Industry (Pharmaceutical and Cosmetics, Agriculture, Food and Beverages), By Geographic Scope and Forecast

Report ID: 21078|Published Date: Nov 2024|No. of Pages: 202|Base Year for Estimate: 2024|Format:   Report available in PDF formatReport available in Excel Format

Sodium Triphosphate Market Size And Forecast

Sodium Triphosphate Market size is estimated at USD 2.12 Billion in 2024 and is projected to reach USD 3.29 Billion by 2031, growing at a CAGR of 5.1% from 2024 to 2031.

  • Sodium triphosphate, commonly known as sodium tripolyphosphate (STPP) is a chemical molecule that is widely used in industrial and home applications. It is a white, crystalline powder that dissolves readily in water and is produced by mixing sodium with phosphoric acid. STPP is commonly used as a cleaning ingredient and water softener in detergents and cleaning solutions.
  • Sodium triphosphate, also known as sodium tripolyphosphate (STPP) is a versatile chemical with numerous applications due to its strong binding, emulsifying, and water-softening capabilities. One of its main applications is in the detergent and cleaning product sector. STPP is an essential element in both household and industrial detergents because it effectively softens water making detergents function more efficiently.
  • Sodium triphosphate, or STPP has long been utilized in a variety of industrial and home applications, and its future use is expected to evolve as companies adjust to changing environmental and regulatory landscapes. STPP is projected to have a substantial future application in water treatment and environmental management.

Sodium Triphosphate Market is estimated to grow at a CAGR of 5.1% & reach US$ 3.29 Bn by the end of 2031

Global Sodium Triphosphate Market Dynamics

The key market dynamics that are shaping the global sodium triphosphate market include:

Key Market Drivers:

  • Rising Demand in Detergent Manufacturing: Sodium triphosphate (STP), also known as sodium tripolyphosphate is an essential ingredient in the manufacture of detergents, and this industry is the key driver of the STP market. STP works as a water softener and aids in the cleaning efficiency of detergents by preventing minerals in the water from interfering with their action.
  • Expanding Food and Beverage Industry: The growing food and beverage industry is another major driver of the sodium triphosphate market. STP is commonly used as a preservative and quality enhancer in processed foods such as meats, shellfish, and dairy products. It helps to retain moisture, enhances texture, and extends shelf life making it an important addition for food manufacturers. As worldwide food consumption rises, notably due to increased demand for processed and convenience meals so does the use of STP in food production.
  • Growth in Water Treatment Applications: Sodium triphosphate is widely utilized in water treatment procedures which is another major driver of its market. In water treatment, STP acts as a sequestering agent, preventing the formation of scale and deposits in pipes and other equipment. This is especially significant in industrial water systems where scale building can result in inefficiency and costly maintenance.

Key Challenges:

  • Environmental and Regulatory Concerns: One of the most significant issues confronting the sodium triphosphate market is increasing environmental and regulatory pressure. Sodium triphosphate, a regularly used cleaning ingredient and water softener has been investigated for its impact on water pollution. When dumped into rivers, it can contribute to eutrophication, a process in which excess nutrients cause algae growth and oxygen depletion in water bodies, killing aquatic life.
  • Competition from Alternative Goods: The sodium triphosphate market faces significant competition from alternative goods that are regarded to be more ecologically friendly and safer to use in a variety of applications. For example, in the detergent sector, there is a trend toward employing zeolites and other phosphate-free chemicals that do not contribute to water contamination.
  • Volatile Raw Material Prices: The synthesis of sodium triphosphate requires critical raw materials such as phosphoric acid and sodium carbonate. Prices for certain basic resources fluctuate significantly due to supply chain interruptions, geopolitical concerns, and changes in demand from other industries. These price variations might result in higher production expenses which are difficult to pass on to customers in a highly competitive market.

Key Trends:

  • Increasing Demand in the Detergent Business: Sodium triphosphate (STPP) is widely utilized in the detergent business which remains the principal source of demand. STPP works as a water softener, increasing detergent efficiency by preventing minerals in hard water from interfering with the cleaning process. As the world’s population grows and urbanizes, the need for household and industrial cleaning products rises dramatically.
  • Environmental Concerns and Regulatory Challenges: Despite its success, STPP is under increasing attention because of its environmental impact. When STPP is released into water bodies, it can contribute to eutrophication, a process in which excess nutrients cause algae to overgrow, deplete oxygen, and destroy aquatic life. As a result, many nations have enacted stronger rules that restrict the use of phosphates such as STPP in detergents and other products.
  • Diversification into Other Applications: STPP is finding applications outside of detergents which is helping to diversify its market. STPP is utilized in the food industry as a preservative and emulsifier, especially in processed meats and seafood where it aids in moisture retention and texture improvement. STPP is also utilized in water treatment, ceramics, and paper manufacturing where its abilities as a dispersion agent and water softener are useful.

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Global Sodium Triphosphate Market Regional Analysis

Here is a more detailed regional analysis of the global sodium triphosphate market:

Asia Pacific:

  • The Asia Pacific sodium triphosphate market is primarily driven by the region’s thriving food and beverage industry with China and India dominating expansion. These countries’ growing populations, increased disposable incomes, and shifting consumer preferences are all contributing to their domination. The growing food and beverage industry is a major driver of sodium triphosphate demand in Asia Pacific.
  • According to the Food and Agriculture Organization (FAO), the Asia Pacific region’s food and beverage market was worth roughly USD 3.23 Trillion in 2021 and is expected to increase at a CAGR of 5.4% between 2022 and 2027. China, the region’s largest market accounted for almost 43% of the overall market share.
  • The increased desire for convenience foods and ready-to-eat meals in metropolitan areas has pushed the market even further. The Japanese Ministry of Agriculture, Forestry, and Fisheries reported a 4.3% growth in processed food consumption in 2022 with sodium triphosphate being a prominent ingredient in many of these goods. Furthermore, the detergent business in Asia Pacific has expanded significantly increasing demand for sodium triphosphate as a water softener and cleaning agent.

North America:

  • The fastest-growing driver in the North American sodium triphosphate market is rising demand from the food and beverage industry owing to its use as a preservative and emulsifier. This rapid growth is linked to shifting consumer preferences and increased processed food production in the region. The food and beverage industry’s demand for sodium triphosphate is a major driver in North America.
  • The United States Food and Drug Administration (FDA) classifies sodium triphosphate as Generally Recognized as Safe (GRAS) for use in food items which contributes to its widespread use. The United States Department of Agriculture (USDA) predicts that processed food sales in the United States topped USD 1.1 Trillion in 2019 indicating a substantial market for food additives such as sodium triphosphate.
  • The United States Environmental Protection Agency (EPA) acknowledges sodium triphosphate as a useful sequestering ingredient in water treatment operations. According to the American Water Works Association, more than 50,000 community water systems in the United States serve nearly 300 million people creating a sizable market for water treatment chemicals.

Global Sodium Triphosphate Market: Segmentation Analysis

The Global Sodium Triphosphate Market is segmented based on Type, Application, End-User Industry, and Geography.

Global Sodium Triphosphate Market: Segmentation Analysis

Sodium Triphosphate Market, By Type

  • Food Grade
  • Industrial Grade

Based on the Type, the Global Sodium Triphosphate Market is bifurcated into Food Grade and Industrial Grade. The industrial-grade segment dominates the global sodium triphosphate market due to its extensive use in various industrial applications. Sodium triphosphate, also known as sodium tripolyphosphate (STPP) is widely utilized in detergents, water treatment, ceramics, and as a dispersing agent in the manufacturing sector. Its effectiveness in softening water and preventing the deposition of minerals in industrial processes makes it highly valuable. Additionally, the growing demand for cleaning products and industrial water treatment solutions, particularly in emerging economies drives the dominance of this segment.

Sodium Triphosphate Market, By Application

  • Synergist for Soap
  • Tanning Agent for Leather-making
  • Synthetic Detergent
  • Water Retention Agent
  • Auxiliary for Dyeing
  • PH Regulator
  • Metal Chelating Agent
  • Water Softener
  • Quality Improver
  • Food Preservation
  • Others

Based on the Application, the Global Sodium Triphosphate Market is bifurcated into Synergist for Soap, Tanning Agent for Leather-making, Synthetic Detergent, Water Retention Agent, Auxiliary for Dyeing, PH Regulator, Metal Chelating Agent, Water Softener, Quality Improver, Food Preservation, Others. The dominant application in the global sodium triphosphate (STPP) market is its use as a synthetic detergent. STPP is a crucial ingredient in the production of detergents due to its excellent ability to soften water enhancing the effectiveness of the cleaning agents. It acts as a water softener by binding to metal ions that would otherwise inhibit the performance of the detergent. Additionally, STPP helps to prevent dirt from re-depositing onto fabrics during the washing process making it indispensable in both household and industrial cleaning products.

Sodium Triphosphate Market, By End-User Industry

  • Pharmaceutical and Cosmetics
  • Agriculture
  • Food and Beverages
  • Household Cleaning
  • Textile
  • Others

Based on the End-User Industry, the Global Sodium Triphosphate Market is bifurcated into Pharmaceutical and Cosmetics, Agriculture, Food and Beverages, Household Cleaning, Textile, and Others. The household cleaning segment dominates the sodium triphosphate (STPP) market due to its extensive use as a key ingredient in detergents and cleaning agents. STPP is valued for its ability to soften water, enhance detergent performance, and prevent the deposition of dirt making it indispensable in both industrial and consumer cleaning products. The rising demand for effective cleaning solutions driven by increased hygiene awareness and urbanization has led to a consistent need for STPP in this sector.

Sodium Triphosphate Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Based on Geography, the Global Sodium Triphosphate Market is classified into North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific region dominates the global sodium triphosphate market primarily due to its robust industrial and manufacturing sectors. Countries like China and India are key players in this region driven by their large-scale production of detergents, water treatment chemicals, and food additives all of which are significant applications of sodium triphosphate. The region’s expanding population and rapid urbanization further boost demand, particularly in the household and industrial cleaning sectors.

Key Players

The “Global Sodium Triphosphate Market” study report will provide valuable insight with an emphasis on the global market.  The major players in the market are Guizhou Sino-Pho Chemical, Mosaic, Sichuan Bluesword Chemical, HBCChem, Sichuan Jinguang Industrial Group, Yuntianhua, Hubei Xingfa Chemicals, Prayon Group, Yunnan Nanlin, Wuhan Inorganic Salt Chemical, and Wengfu.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Global Sodium Triphosphate Market Key Developments

Sodium Triphosphate Market Key Developments And Mergers

  • In November 2023, Prayon Group increased its STPP production capacity by 20% in response to rising demand, exhibiting proactive actions to fulfill market demands and assure supply sufficiency.
  • In October 2023, LANXESS AG will release a revolutionary eco-friendly substitute for STPP with enhanced biodegradability, in line with the company’s commitment to sustainability and providing customers with more ecologically responsible solutions.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

Guizhou Sino-Pho Chemical, Mosaic, Sichuan Bluesword Chemical, HBCChem, Sichuan Jinguang Industrial Group, Yuntianhua, Hubei Xingfa Chemicals, Prayon Group, Yunnan Nanlin, Wuhan Inorganic Salt Chemical, and Wengfu.

SEGMENTS COVERED

By Type, By Application, By End-User Industry, And By Geography

CUSTOMIZATION SCOPE

Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope.

Research Methodology of Verified Market Research:

Research Methodology of VMR

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
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Frequently Asked Questions

Sodium Triphosphate Market is estimated at USD 2.12 Billion in 2024 and is projected to reach USD 3.29 Billion by 2031, growing at a CAGR of 5.1% from 2024 to 2031.

Increased Demand for Processed Food & Beverages, Growing Market for Hygiene & Cleaning Products, Industrial Utilizations are the factors driving the growth of the Sodium Triphosphate Market.

The major players are Guizhou Sino-Pho Chemical, Mosaic, Sichuan Bluesword Chemical, HBCChem, Sichuan Jinguang Industrial Group, Yuntianhua, Hubei Xingfa Chemicals, Prayon Group, Yunnan Nanlin, Wuhan Inorganic Salt Chemical, and Wengfu.

The Global Sodium Triphosphate Market is segmented based on Type, Application, End-User Industry, and Geography.

The sample report for the Sodium Triphosphate Market can be obtained on demand from the website. Also, 24*7 chat support & direct call services are provided to procure the sample report.

1 INTRODUCTION OF GLOBAL SODIUM TRIPHOSPHATE MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources

4 GLOBAL SODIUM TRIPHOSPHATE MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis

5 GLOBAL SODIUM TRIPHOSPHATE MARKET, BY TYPE
5.1 Overview
5.2 Food Grade
5.2.1 Sequestrant
5.2.2 Emulsifier and Stabilizer
5.2.3 Leavening Agent
5.3 Industrial Grade
5.3.1 Textile Industry
5.3.2 Oil and Gas Drilling
5.3.3 Water Treatment
5.3.4 Metal cleaning and Degreasing

6 GLOBAL SODIUM TRIPHOSPHATE MARKET, BY APPLICATION
6.1 Overview
6.2 Synthetic Detergent
6.3 Metal Chelating Agent
6.4 Synergist for Soap
6.5 Auxiliary for Dyeing
6.6 PH Regulator
6.7 Water Softener
6.8 Quality Improver
6.9 Tanning Agent for Leather Making
6.10 Water Retention Agent
6.11 Food Preservation
6.12 Others

7 GLOBAL SODIUM TRIPHOSPHATE MARKET, BY END-USER INDUSTRY
7.1 Overview
7.2 Pharmaceutical and Cosmetics
7.3 Agriculture
7.4 Food and Beverages
7.5 Household Cleaning
7.6 Textile
7.7 Others

8 GLOBAL SODIUM TRIPHOSPHATE MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Rest of the World
8.5.1 Latin America
8.5.2 Middle East and Africa

9 GLOBAL SODIUM TRIPHOSPHATE MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Ranking
9.3 Key Development Strategies

10 COMPANY PROFILES

10.1 Guizhou Sino-Pho Chemical
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments

10.2 Mosaic
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments

10.3 Sichuan Bluesword Chemical
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments

10.4 HBCChem
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments

10.5 Sichuan Jinguang Industrial Group
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments

10.6 Yuntianhua
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments

10.7 Hubei Xingfa Chemicals
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments

10.8 Yunnan Nanlin
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments

10.9 Wuhan Inorganic Salt Chemical
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments

10.10 Wengfu
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments

11 KEY DEVELOPMENTS
11.1 Product Launches/Developments
11.2 Mergers and Acquisitions
11.3 Business Expansions
11.4 Partnerships and Collaborations

12 Appendix
12.1 Related Research

Report Research Methodology

Research methodology

Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.

This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.

We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:

Exploratory data mining

Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.

All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.

expert data mining

For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.

Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.

Data Collection Matrix

PerspectivePrimary ResearchSecondary Research
Supplier side
  • Fabricators
  • Technology purveyors and wholesalers
  • Competitor company’s business reports and newsletters
  • Government publications and websites
  • Independent investigations
  • Economic and demographic specifics
Demand side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customer

Econometrics and data visualization model

data visualiztion model

Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.

All the research models are customized to the prerequisites shared by the global clients.

The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.

Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.

Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.

Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:

  • Market drivers and restraints, along with their current and expected impact
  • Raw material scenario and supply v/s price trends
  • Regulatory scenario and expected developments
  • Current capacity and expected capacity additions up to 2027

We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.

Primary validation

The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.

The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.

primary validation

Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:

  • Established market players
  • Raw data suppliers
  • Network participants such as distributors
  • End consumers

The aims of doing primary research are:

  • Verifying the collected data in terms of accuracy and reliability.
  • To understand the ongoing market trends and to foresee the future market growth patterns.

Industry Analysis Matrix

Qualitative analysisQuantitative analysis
  • Global industry landscape and trends
  • Market momentum and key issues
  • Technology landscape
  • Market’s emerging opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2027
  • Market revenue estimates and forecasts up to 2027, by technology
  • Market revenue estimates and forecasts up to 2027, by application
  • Market revenue estimates and forecasts up to 2027, by type
  • Market revenue estimates and forecasts up to 2027, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

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