Sodium Tripolyphosphate Market - Top Companies and Manufacturers

Companies Dominating the Sodium Tripolyphosphate Landscape

The global leaders in the sodium tripolyphosphate market are increasingly expanding their production to consolidate their position in the global trade. The enlarging business of STPP across the world is inspiring many manufacturers to invest in this sector. According to the 2022 OEC report, the global trade of sodium triphosphate accounted for USD 725 million in the same year. Additionally, it showed a growth of 31.7% in exports during 2021-2022, the top exporters being China, Belgium, Canada, Tunisia, and Thailand. The growing dynamics are further encouraging players to invest in R&D to introduce new and more effective formulations. This further brings and promotes innovation and sustainability in this sector.

These key players include:

• Haifa Group
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• Grasim Industries Ltd.
• Hubei Xingfa Chemicals Group Co. Ltd.
• Innophos Holdings Inc.
• Israel Chemicals Ltd.
• Merck KgaA
• PhosAgro
• Tata Chemicals Ltd.
• Thermo Fisher Scientific Inc.