Sodium Tripolyphosphate Market Analysis

  • Report ID: 6794
  • Published Date: Dec 05, 2024
  • Report Format: PDF, PPT

Sodium Tripolyphosphate Market Analysis

End use (Household Cleaning, Food & Beverages, Agriculture, Textile, Pharmaceuticals, Cosmetics)

In terms of end use, the sodium tripolyphosphate market is expected to be dominated by the food & beverages segment during the forecast period, 2025-2037. It is projected to hold the largest share of 23.5% in this timeline due to the massive growth in the packaged food industry. The segment is expanding with the growing investment in R&D to produce safer preservatives for these packaged and processed consumer goods. In May 2024, the packaged food sector in India is estimated to hold more than USD 3 billion by the end of 2027. The ready-t0-eat industry is poised to obtain over USD 290 million in 2025, raising the demand for STPP.

Application (Detergent, Cleaning Agent, Water Treatment, Food Preservation, Paints & Dying, Ceramic Tiles, Metal Treatment)

In terms of application, the detergent segment is poised to capture a significant share of the sodium tripolyphosphate market during 2025-2037. The wide usage of STPP in manufacturing cleaning substances has driven remarkable growth in this segment. Exceptional properties such as water softening, building, pH control, and stain removal have propelled the need for this component. The availability and application of powdered laundry detergent and dishwashing products have created a huge consumer base for this segment. According to a Research Nester report published in November 2024, the global detergent chemicals sector is projected to reach USD 106.6 billion by 2037. This is further influencing global leaders to invest in this segment.

Our in-depth analysis of the global sodium tripolyphosphate market includes the following segments:

End use

  • Household Cleaning
  • Food & Beverages
  • Agriculture
  • Textile
  • Pharmaceuticals
  • Cosmetics
  • Others

Application

  • Detergent
  • Cleaning Agent
  • Water Treatment
  • Food Preservation
  • Paints & Dying
  • Ceramic Tiles
  • Metal Treatment
  • Others
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Author Credits:  Rajrani Baghel


  • Report ID: 6794
  • Published Date: Dec 05, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the sodium tripolyphosphate market was over USD 1.5 billion.

The market size for the sodium tripolyphosphate market is projected to reach USD 6.8 billion by the end of 2037 expanding at a CAGR of 12.9% during the forecast period i.e., between 2025-2037.

The major players in the market are Haifa Group, 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 , and others.

In terms of end use, the food & beverages segment is anticipated to garner the largest market share of 23.5% by 2037 and display lucrative growth opportunities during 2025-2037.

The market in Asia Pacific is projected to hold the largest market share of 44.1% by the end of 2037 and provide more business opportunities in the future.
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