123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Sodium Tripolyphosphate Market Report - Size, Growth, Trends, By 2023

Profile Picture
By Author: Market Research Future
Total Articles: 175
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Market Definition:

Sodium Tripolyphosphate Market is predicted to touch USD 2,497.7 million at a 1.48% CAGR over the forecast period (2017-2023), states the latest Market Research Future (MRFR) report. Sodium tripolyphosphate, simply put, is a crystalline powder that is mostly used for cleaning. This is a salt of triphosphoric acid that is used in food preservation and water softening. It is available in both hexahydrate and unhydrous forms. Owing to its alluring properties, sodium tripolyphosphate has an extensive range of applications including paper and pulp industry, water treatment plants, ceramic and clay products manufacturing units, and soap and detergent industries.

Get a Free Sample of This Report @ https://www.marketresearchfuture.com/sample_request/2319

Market Scenario and Growth Factors:

Various factors are propelling the Sodium Tripolyphosphate Market Report growth. Some of these factors, according to the Market Research Future report, include strict government rules on the surplus use of sodium tripolyphosphate in detergents, availability of a cost-effective substitute in different ...
... applications, good competition given by zeolite, and increasing application in scope in textile industries, leather tanning, cement-based materials, and ceramics. Additional factors pushing market growth include thriving food industry, changing consumer behavior, and technological advancements in automatic dishwashers and washing machines.

On the contrary, health and environmental hazards may restrict the sodium tripolyphosphate market growth over the forecast period. Sodium tripolyphosphate can cause sensitization and irritation that can result in health complications such as cancer, respiratory problems, eye irritation, skin irritation, lung damage, asthma, and others. Food-grade sodium tripolyphosphate causes acute skin irritation.

Watch Video @ https://www.marketresearchfuture.com/videos

Key Players:

Leading players profiled in the sodium tripolyphosphate market report includes:

TongVo Chemicals Limited,
Haifa Group, Prayon S.A.,
Hubei Xingfa Chemicals Group,
Merck Group,
Sumitomo Chemicals Co. Ltd,
Aditya Birla Chemicals,
ICL Performance Ltd.,
Tata Chemicals Ltd.,
Innophos Holding Inc.
Key players are adopting several strategies such as partnerships, expansions, mergers and acquisitions, product innovations and product launches, research and development, and others to create a strong foothold in the market.

Market Segmentation:

The MRFR report offers a wide segmental analysis of the Sodium Tripolyphosphate Market on the basis of end use and application.

Based on application, the sodium tripolyphosphate market is segmented into paints and dyeing, ceramic tiles, metal treatment, food preservation, water treatment agents, detergents, and others. Of these, the detergent segment will have the largest share in the market over the forecast period. Sodium tripolyphosphate is widely used for cleaning; thus, its key application is detergents. This will be followed by the food preservation segment that is predicted to grow at the highest CAGR.

Based on end use, the sodium tripolyphosphate market is segmented into cosmetics, pharmaceuticals, textile, agriculture, industrial, food and beverages, household cleaning, and others. Of these, the household cleaning segment will dominate the market over the forecast period. The dishwashing trend in household application has gained ample traction. Due to growing cleaning, clothing, and dishwashing applications, the household industry is predicted to have its dominance. This will be followed by the food and beverage industry.

Study The Infographics @ https://www.marketresearchfuture.com/infographics

Regional Analysis:

By region, the Sodium Tripolyphosphate Market report covers the latest trends and growth opportunities across the Asia Pacific, Europe, Latin America, North America, and the Middle East and Africa. Of these, the APAC region will dominate the market over the forecast period both in terms of consumption and production. China is the key contributor in this region as it is the largest exporter of sodium tripolyphosphate across the globe.

The sodium tripolyphosphate market in North America will have the second-largest share in the market over the forecast period. This is owing to the rapidly expanding food and beverage industry.

The sodium tripolyphosphate market in Europe is predicted to have a notable growth over the forecast period. This is owing to the various policies that the European Union has regulated on the surplus usage of phosphate in detergents. High competition given by zeolite and strict government regulations has limited the growth of the region.

The sodium tripolyphosphate market in Latin America and the Middle East and Africa will have a steady growth over the forecast period.

Browse key industry insights spread across 181 pages with 42market data tables & 11 figures & charts from the report, “Sodium Tripolyphosphate Market: by Application (Detergent, Cleaning Agent, Water Treatment, Food Preservation, Paints & Dying, Ceramic Tiles, Metal Treatment, and Others), by End Use (Household Cleaning, Food & Beverages, Agriculture, Textile, Pharmaceuticals, Cosmetics and Others ) and Region - Forecast till 2023 ” in detail along with the table of contents @ https://www.marketresearchfuture.com/reports/sodium-tripolyphosphate-market-2319

Total Views: 127Word Count: 750See All articles From Author

Add Comment

Business Articles

1. How To Choose The Right Franchise
Author: Sparkleminds

2. Things You Need To Know About Buying Wordpress Hosting
Author: jaysurya

3. What Do You Understand By Web Hosting For Sale?
Author: jaysurya

4. The Best Mass Gainers For Different Types Of Muscle Gains
Author: probilder

5. Can Nutrex Lipo 6 Black Natural And Nutrex Lipo6 Black Ultra Concentrate Help You Lose Weight?
Author: probilder

6. Buy Real And Cheap Youtube Views
Author: Daniel Jones

7. What Are The Characteristics Of Effective Communication?
Author: Charles

8. Company Set Up With Bank Account Can Help You Get A Bank Loan Easily!
Author: TBA Associate

9. Best Gel And Foam Cushions Deliver Great Comfort And Support!
Author: Kelvin Thomas

10. Combo X70 Impels Balaji Construction’s M-sand Journey In Omerga, Maharashtra
Author: cdeasia

11. How To Use Proof Alcohol For Sterilization?
Author: Andrew Winslow

12. What Are The Significance Of Poly(methyl Methacrylate) Microspheres?
Author: Alpha Nanotech

13. Acknowledge The Major Changes In Brc Food Issue 9
Author: john

14. Advantages Of Maverick 88 Heat Shield
Author: Slade Street Tactical

15. Remington 870 Heat Shield Magpul: Try Out For An Impressive Experience
Author: Slade Street Tactical

Login To Account
Login Email:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: