Sodium Tripolyphosphate Market Size

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

Sodium Tripolyphosphate Market Size

Sodium Tripolyphosphate Market size was over USD 1.5 billion in 2024 and is estimated to reach USD 6.8 billion by the end of 2037, expanding at a CAGR of 12.9% during the forecast timeline, i.e., 2025-2037. In 2025, the industry size of sodium tripolyphosphate is evaluated at USD 1.6 billion.

The diverse applications of phosphate salt in various industries including food, agriculture, textile, and cleaning are one of the major driving factors in this industry. The continuous growth in these industries is subsequently propelling the demand for such inorganic compounds, inspiring companies to increase their production.

The sodium tripolyphosphate market significantly contributes to maintaining the quality of dyeing and finishing processes. It is used as a dispersing agent in the textile industry to prevent dye particles from clumping, ensuring even color distribution. The surging demand for lasting and attractive clothes with vibrant colors is inflating the need for more efficient STPP chemicals. According to a report published by UNEP, in May 2024, the global textile industry secured USD 1.5 trillion in revenue in the same year. The growth in textile production and changing fashion trends are further enlarging the industry size.


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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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