Sodium Trimetaphosphate Market
Sodium Trimetaphosphate Market By Grade (Food, Technical, Industrial), By Application (Food Processing, Water Treatment, Pharmaceutical Industry, Starch Modification) - Global Market Insights 2022 to 2032
Analysis of Sodium Trimetaphosphate market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Sodium Trimetaphosphate Market Outlook (2022-2032)
The global sodium trimetaphosphate (STMP) is set to enjoy a valuation of US$ 38.9 million in 2022 and further expand at a CAGR of 5.4% to reach US$ 65.8 million by the end of 2032.
Growing demand from the booming pharmaceutical industry to augment the market’s growth. Also, the attention of market players towards enhancing product grades for specific applications to keep market momentum by 2032.
Report Attributes |
Details |
|---|---|
|
Sodium Trimetaphosphate Size (2022) |
US$ 38.9 Million |
|
Forecasted Market Value (2032F) |
US$ 65.8 Million |
|
Global Market Growth Rate (2022-2032) |
5.4% CAGR |
|
North America Market Share (2022) |
~32.4% CAGR |
|
China Market Share (2022) |
~19.0% |
|
Market Share of Top 3 Countries |
~29.4% |
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Key Companies Profiled |
|
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Comprehensive Analysis of Sales and Consumption Pattern
Sodium trimetaphosphate serve a multitude of purpose. Food companies mainly use them as a starch modifier and as a stabilizing agent. It is an excellent pH modifier and hence it is extensively used in water treatment plants and during the formulation of various personal care and oral care solution.
Besides these, they are also used as softening and buffering agents across various industries. However, the usage of STMP in detergent manufacturing has been decreasing over the last few decades as it is directly linked to water pollution.
- Short-Term Growth Projection: Expanding utilization and integration of the market in diverse domains will positively impact the market’s growth.
- Medium-Term Growth Projection: The personal care and cosmetic industry make a significant social and economic contribution to national and regional growth across the globe. STMP helps to inactivate metallic ions in order to prevent the deterioration of cosmetics and personal-care products. Besides this, it helps to minimize the change in the pH of a solution when an acid or base is added.
- Long-Term Growth Projection: The majority of the manufacturers in the market such as Xingfa, and Innophos channel the product for starch modification while ICL caters to the product only for construction purposes as a gypsum additive to strengthen the wall boards. Therefore, diversity in the market ensures a lower risk ratio of the overall market over the long-run forecast period.
According to the Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth a 5.4% CAGR between 2022 and 2032.
Market share analysis of STMP based on application and region is provided in a nutshell in the above image. Under the application segment, the starch modification sub-segment dominates with a 69.1% market share in 2022.
“Increasing Demand for Processed Food to Supplement Market’s Growth”
Sodium trimetaphosphate is utilized in dairy and cheese merchandise as a stabilizer, for meat processing as a water retention agent. It is likewise used as a stabilizing agent to guard meal products against discoloration and a stabilizing agent to forestall nutrition C from decomposing.
Nowadays, meat producers promote custom-cut, marinated, and ready-to-cook packets of meat merchandise and provide clients sitting at home convenience to relish a non-vegetarian meal with no trouble of cleansing and cutting.
Consumers’ fast-paced urban lifestyle, lack of time, and growth in the quick-service restaurants (QSR) sector are the main reasons for the adoption of poultry, dairy, meat, and other functional food products in daily life.
The younger, wealthier demographic seeks ready-to-cook meal options as a way of life. The adoption of STMP in the sector is being fueled by developments in the food processing industry, innovations in processing technology, and a persistent increase in demand for processed food.
Moreover, with the growing preference for functional and healthy food, manufacturers are expected to adapt STMP in their processing at a high rate.
“Growing Beauty & Personal care Industry to Boost Market Growth”
STMP aids in the inactivation of metallic ions, which helps to control the damage to personal care and cosmetics products. Aside from that, it aids in minimizing the change in pH of a solution when an acid or base is added.
The personal care and cosmetics industry contribute significantly to global social and economic growth at the national and regional levels. Cosmetics provide significant functional and emotional benefits to consumers and their overall quality of life.
With economic and GDP growth, the GVA (gross value added) of the cosmetic sector is also increasing at a constant pace. In addition, the increasing workforce and rising disposable income are also driving the growth of the market.
For instance, the estimated revenue generated by the beauty and cosmetic segment in Southeast Asia (a collection of countries with increasing GDP and workforce) is valued at US$ 25.4 billion in 2020.
The average revenue per person is US$ 38.6, with 74.0% of sales contributing to mass-market cosmetics and 26.0% to luxury items. Other important factors driving growth include expansion in the men's grooming segment, increased awareness, and expansion in the rural segment.
All such factors are cumulatively contributing to the increased sales of cosmetic products, including those containing sodium trimetaphosphate.
“Dominant Presence of Alternatives to Restrict Market Growth”
Sodium trimetaphosphates and sodium tripolymetaphosphates are directly linked with water pollution. These compounds are gradually relinquishing their prominence among the builders used in consumer detergents in Europe and North America.
Additionally, these phosphates have declining demand in developing nations, especially in China, where they had previously dominated household detergents.
Nowadays, alternatives such as sodium carbonate, citric acid, and zeolites are gaining more ground as a substitute for STMP. With the increasing awareness for a cleaner and greener environment, chemical manufacturers are continuing to develop sustainable solutions for daily used products.
For instance, as a greener alternative for phosphates, BASF SE has recently developed two compounds that have the potential to completely replace phosphates in dishwashing detergents. These compounds are aminocarboxylates methylglycinediacetic acid (MGDA), and glutaminic acid diacetic acid.
Country-wise Insights
Why does India stand out as one of the Prominent Destinations for STMP manufacturers?
The surging demand for the pharmaceutical industry bolsters the market's growth. For instance, the Indian pharma market has been valued at US$ 42.0 billion in 2021 and is projected to rise to US$ 65.0 billion by 2024 and US$ 120–130 billion by 2030.
As of August 2021, CARE Ratings projects that India's pharmaceutical industry will grow at an average annual rate of 11% over the following two years, reaching a value of more than US$ 60.0 billion. The STMP is used for various purposes in the pharma industry and is estimated to upsurge the market's demand.
What is the Current Scenario of the Market in Germany?
Germany invests and generates high revenue from wastewater management facilities. Germany use to treat about 80-90% of the wastewater generated from private sources and residential areas. With the growing demand for clean water and necessity for the wastewater treatment, Germany invests billions of Euros to cater to the demand. Hence, growing investment in wastewater treatment in Germany propels the demand for the STMP due to its utilization in wastewater treatment.
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Category-wise Insights
Which Grade is Triggering the STMP Requirement?
Food grade accounts for the major market share. Food-grade sodium trimetaphosphate is widely used in food processing as well as to modify starch.
The industrial-grade comes in second in terms of market share, after the food grade. Industrial-grade sodium trimetaphosphate (STMP) is expected to have a significant positive impact on the market because it is widely used in the production of cosmetics and as an additive to gypsum.
How is STMP Witnessing Increasing Sales in Water Treatment Services?
Despite the fact that 70% of our planet is covered with water, it is still a dwindling resource. Only 3% of it is freshwater, which is drinkable and used for daily purposes such as bathing and watering crops.
Two-thirds of this 3% water is also hidden in frozen glaciers or otherwise inaccessible. Many of the local water systems that maintain healthy ecosystems and supply drinkable water to the populace have recently started to show signs of stress.
As a result of drying up or pollution, lakes, rivers, and aquifers have become unusable. By 2025, two-thirds of the world's population will likely experience water shortages due to current consumption rates. The industrial sector and municipal corporations currently use far more water than supply.
Water is turned out to be a critical necessary resource, which is estimated to get reduced with the growing world population projected to increase from 3.0 billion to 9.0 billion by 2050 and continuous industrial growth worldwide. For this reason, the demand for water treatment plants is emerging across the planet.
Sodium trimetaphosphate (STMP) is extensively used in controlling the pH factor in treatment plants. So the increasing demand for water treatment plants is directly contributing to the demand for STMP, thus driving the segment’s growth.
Eminent Players Key Stratagems
Prominent market players are Huaxing, ICL, Hubei Xingfa Chemical Group Co. Ltd, Innophos, Norwest Chemicals, and Reephos Chemical Co., Ltd, among others.
The companies have been significantly developing grades against the backdrop of growing applications. Hefty investments in the end-use market such as starch modification enable them to reach out to new application avenues.
Most manufacturers are reducing the price of their products. On the other hand, other players, specifically in the developed countries are adopting long-lasting and increased durability approaches with a strong focus on quality. Such measures fuel market growth and enable manufacturers to gain high-profit margins.
Fact.MR has provided detailed information about the price points of key manufacturers of STMP positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
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Segmentation of Sodium Trimetaphosphate Industry Research
-
By Grade:
- Food
- Technical
- Industrial
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By Application:
- Food Processing
- Water Treatment
- Pharmaceutical Industry
- Starch Modification
- Others
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By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
1. Sodium Trimetaphosphate Market - Executive Summary 2. Market Overview 2.1. Market Definition and Introduction 2.2. Market Taxonomy/ Research Scope 3. Market Background and Foundation Data 3.1. Raw Material Used for Sodium Trimetaphosphate Production 3.2. Production Method Overview: Sodium Trimetaphosphate 3.3. Sodium Trimetaphosphate: Application Mapping 3.4. Detailed Use Cases of Sodium Trimetaphosphate Across Major Industries 3.5. Raw Material Sourcing & Strategy 3.6. 360 Degree Analysis 3.7. Global Food Processing Industry Market 3.8. Global Pharmaceutical Industry Outlook 3.9. Global Water Treatment Chemicals Industry Outlook 3.9.1. By Region 3.9.2. By Type 3.10. Sodium Trimetaphosphate: Apparent Production & Consumption Analysis 3.10.1. Production Capacity (Tons) 3.10.1.1. By Key Regions 3.10.1.2. By Key Companies 3.10.2. Consumption Statistics 3.10.3. Apparent Trade Analysis 3.11. Sodium Trimetaphosphate Market Opportunity Assessment 3.11.1. Total Available Market (US$ million) 3.11.2. Serviceable Addressable Market (US$ million) 3.11.3. Serviceable Obtainable Market (US$ million) 3.12. Market Dynamics 3.12.1. Market Growth Drivers 3.12.2. Market Restraints 3.12.3. Market Opportunity 3.12.4. Market Trends 3.13. Industry Value and Supply Chain Analysis 3.13.1. Value Added at Each Node of Supply Chain 3.13.2. Gross Profitability Margins (at Every Level) 3.13.3. List of Key Participants 3.13.3.1. Key Raw Material Suppliers 3.13.3.2. Key Manufacturers 3.13.3.3. Key Distributor/Retailers 3.13.3.4. Key Buying Industries 3.14. Forecast Factors – Relevance and Impact 3.15. Macro-Economic Factors 3.16. PESTLE Analysis 3.17. Porter’s Five Force Analysis 3.18. Investment Feasibility Analysis 3.19. Key Success Factors 4. Global Sodium Trimetaphosphate Demand (Tons) Analysis and Forecast 4.1. Historical Market Volume (Tons) Analysis, 2017-2021 4.2. Current and Future Market Volume (Tons) Projections, 2022-2032 4.3. Y-o-Y Volume Growth Trend Analysis 5. Global Sodium Trimetaphosphate Market - Pricing Analysis 5.1. Product Type and Country-Level Pricing Analysis 5.2. Global Average Pricing Analysis Benchmark 5.3. Factors Influencing Pricing 6. Global Sodium Trimetaphosphate Market Value (US$ million) Analysis and Forecast 6.1. Historical Market Value (US$ million) Analysis, 2017-2021 6.2. Current and Future Market Value (US$ million) Projections, 2022-2032 6.2.1. Y-o-Y Growth Trend Analysis 6.2.2. Absolute $ Opportunity Analysis 7. Global Sodium Trimetaphosphate Market Analysis and Forecast, By Grade 7.1. Introduction / Key Findings 7.2. Historical Market Size (US$ million) and Volume (Tons) Analysis By Grade, 2017-2021 7.3. Current and Future Market Size (US$ million) Analysis and Volume (Tons) Forecast By Grade, 2022-2032 7.3.1. Food Grade 7.3.2. Technical Grade 7.3.3. Industrial Grade 7.4. Market Attractiveness Analysis By Grade 8. Global Sodium Trimetaphosphate Market Analysis and Forecast, By Application 8.1. Introduction / Key Findings 8.2. Historical Market Size (US$ million) and Volume (Tons) Analysis By Application, 2017-2021 8.3. Current and Future Market Size (US$ million) Analysis and Volume (Tons) Forecast By Application, 2022-2032 8.3.1. Food Processing 8.3.2. Water Treatment 8.3.3. Pharmaceutical Industry 8.3.4. Starch Modification 8.3.5. Others 8.4. Market Attractiveness Analysis By Application 9. Global Sodium Trimetaphosphate Market Analysis and Forecast, By Region 9.1. Introduction / Key Findings 9.2. Historical Market Size (US$ million) and Volume (Tons) Analysis By Region, 2017-2021 9.3. Current Market Size (US$ million) Analysis and Volume (Tons) Forecast By Region, 2022-2032 9.3.1. North America 9.3.2. Latin America 9.3.3. Europe 9.3.4. East Asia 9.3.5. South Asia & Oceania 9.3.6. Middle East & Africa 9.4. Market Attractiveness Analysis By Region 10. North America Sodium Trimetaphosphate Market Analysis and Forecast 10.1. Introduction / Key Findings 10.2. Pricing Analysis 10.3. Historical Market Size (US$ million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021 10.4. Market Size (US$ million) and Volume (Tons) Forecast By Market Taxonomy, 2022 - 2032 10.4.1. By Country 10.4.1.1. U.S. 10.4.1.2. Canada 10.4.2. By Grade 10.4.3. By Application 10.5. Market Attractiveness Analysis 10.5.1. By Country 10.5.2. By Grade 10.5.3. By Application 11. Latin America Sodium Trimetaphosphate Market Analysis and Forecast 11.1. Introduction / Key Findings 11.2. Pricing Analysis 11.3. Historical Market Size (US$ million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021 11.4. Market Size (US$ million) and Volume (Tons) Forecast By Market Taxonomy, 2022 - 2032 11.4.1. By Country 11.4.1.1. Brazil 11.4.1.2. Mexico 11.4.1.3. Argentina 11.4.1.4. Rest of Latin America 11.4.2. By Grade 11.4.3. By Application 11.5. Market Attractiveness Analysis 11.5.1. By Country 11.5.2. By Grade 11.5.3. By Application 12. Europe Sodium Trimetaphosphate Market Analysis and Forecast 12.1. Introduction / Key Findings 12.2. Pricing Analysis 12.3. Historical Market Size (US$ million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021 12.4. Market Size (US$ million) and Volume (Tons) Forecast By Market Taxonomy, 2022 - 2032 12.4.1. By Country 12.4.1.1. Germany 12.4.1.2. France 12.4.1.3. Italy 12.4.1.4. Spain 12.4.1.5. U.K. 12.4.1.6. BENELUX 12.4.1.7. Russia 12.4.1.8. Rest of Europe 12.4.2. By Grade 12.4.3. By Application 12.5. Market Attractiveness Analysis 12.5.1. By Country 12.5.2. By Grade 12.5.3. By Application 13. East Asia Sodium Trimetaphosphate Market Analysis and Forecast 13.1. Introduction / Key Findings 13.2. Pricing Analysis 13.3. Historical Market Size (US$ million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021 13.4. Market Size (US$ million) and Volume (Tons) Forecast By Market Taxonomy, 2022 - 2032 13.4.1. By Country 13.4.1.1. China 13.4.1.2. Japan 13.4.1.3. South Korea 13.4.2. By Grade 13.4.3. By Application 13.5. Market Attractiveness Analysis 13.5.1. By Country 13.5.2. By Grade 13.5.3. By Application 14. South Asia & Oceania Sodium Trimetaphosphate Market Analysis and Forecast 14.1. Introduction / Key Findings 14.2. Pricing Analysis 14.3. Historical Market Size (US$ million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021 14.4. Market Size (US$ million) and Volume (Tons) Forecast By Market Taxonomy, 2022 - 2032 14.4.1. By Country 14.4.1.1. India 14.4.1.2. Thailand 14.4.1.3. Indonesia 14.4.1.4. Malaysia 14.4.1.5. Australia & New Zealand 14.4.1.6. Rest of South Asia & Oceania 14.4.2. By Grade 14.4.3. By Application 14.5. Market Attractiveness Analysis 14.5.1. By Country 14.5.2. By Grade 14.5.3. By Application 15. Middle East & Africa Sodium Trimetaphosphate Market Analysis and Forecast 15.1. Introduction / Key Findings 15.2. Pricing Analysis 15.3. Historical Market Size (US$ million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021 15.4. Market Size (US$ million) and Volume (Tons) Forecast By Market Taxonomy, 2022 - 2032 15.4.1. By Country 15.4.1.1. GCC Countries 15.4.1.2. South Africa 15.4.1.3. Northern Africa 15.4.1.4. Turkey 15.4.1.5. Rest of Middle East & Africa 15.4.2. By Grade 15.4.3. By Application 15.5. Market Attractiveness Analysis 15.5.1. By Country 15.5.2. By Grade 15.5.3. By Application 16. Country-level Sodium Trimetaphosphate Market Analysis and Forecast 16.1. Introduction / Key Findings 16.1.1. Market Value Proportion Analysis, By Key Countries 16.1.2. Global Vs. Country Growth Comparison 16.2. US Sodium Trimetaphosphate Market Analysis 16.2.1. Value Proportion Analysis by Market Taxonomy 16.2.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2017-2032 16.2.2.1. By Grade 16.2.2.2. By Application 16.3. Canada Sodium Trimetaphosphate Market Analysis 16.3.1. Value Proportion Analysis by Market Taxonomy 16.3.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2017-2032 16.3.2.1. By Grade 16.3.2.2. By Application 16.4. Brazil Sodium Trimetaphosphate Market Analysis 16.4.1. Value Proportion Analysis by Market Taxonomy 16.4.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2017-2032 16.4.2.1. By Grade 16.4.2.2. By Application 16.5. Mexico Sodium Trimetaphosphate Market Analysis 16.5.1. Value Proportion Analysis by Market Taxonomy 16.5.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2017-2032 16.5.2.1. By Grade 16.5.2.2. By Application 16.6. Argentina Sodium Trimetaphosphate Market Analysis 16.6.1. Value Proportion Analysis by Market Taxonomy 16.6.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2017-2032 16.6.2.1. By Grade 16.6.2.2. By Application 16.7. Germany Sodium Trimetaphosphate Market Analysis 16.7.1. Value Proportion Analysis by Market Taxonomy 16.7.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2017-2032 16.7.2.1. By Grade 16.7.2.2. By Application 16.8. France Sodium Trimetaphosphate Market Analysis 16.8.1. Value Proportion Analysis by Market Taxonomy 16.8.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2017-2032 16.8.2.1. By Grade 16.8.2.2. By Application 16.9. Italy Sodium Trimetaphosphate Market Analysis 16.9.1. Value Proportion Analysis by Market Taxonomy 16.9.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2017-2032 16.9.2.1. By Grade 16.9.2.2. By Application 16.10. Spain Sodium Trimetaphosphate Market Analysis 16.10.1. Value Proportion Analysis by Market Taxonomy 16.10.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2017-2032 16.10.2.1. By Grade 16.10.2.2. By Application 16.11. BENELUX Sodium Trimetaphosphate Market Analysis 16.11.1. Value Proportion Analysis by Market Taxonomy 16.11.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2017-2032 16.11.2.1. By Grade 16.11.2.2. By Application 16.12. Russia Sodium Trimetaphosphate Market Analysis 16.12.1. Value Proportion Analysis by Market Taxonomy 16.12.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2017-2032 16.12.2.1. By Grade 16.12.2.2. By Application 16.13. U.K. Sodium Trimetaphosphate Market Analysis 16.13.1. Value Proportion Analysis by Market Taxonomy 16.13.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2017-2032 16.13.2.1. By Grade 16.13.2.2. By Application 16.14. China Sodium Trimetaphosphate Market Analysis 16.14.1. Value Proportion Analysis by Market Taxonomy 16.14.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2017-2032 16.14.2.1. By Grade 16.14.2.2. By Application 16.15. Japan Sodium Trimetaphosphate Market Analysis 16.15.1. Value Proportion Analysis by Market Taxonomy 16.15.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2017-2032 16.15.2.1. By Grade 16.15.2.2. By Application 16.16. South Korea Sodium Trimetaphosphate Market Analysis 16.16.1. Value Proportion Analysis by Market Taxonomy 16.16.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2017-2032 16.16.2.1. By Grade 16.16.2.2. By Application 16.17. India Sodium Trimetaphosphate Market Analysis 16.17.1. Value Proportion Analysis by Market Taxonomy 16.17.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2017-2032 16.17.2.1. By Grade 16.17.2.2. By Application 16.18. ASEAN Countries Sodium Trimetaphosphate Market Analysis 16.18.1. Value Proportion Analysis by Market Taxonomy 16.18.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2017-2032 16.18.2.1. By Grade 16.18.2.2. By Application 16.19. Australia Sodium Trimetaphosphate Market Analysis 16.19.1. Value Proportion Analysis by Market Taxonomy 16.19.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2017-2032 16.19.2.1. By Grade 16.19.2.2. By Application 16.20. GCC Countries Sodium Trimetaphosphate Market Analysis 16.20.1. Value Proportion Analysis by Market Taxonomy 16.20.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2017-2032 16.20.2.1. By Grade 16.20.2.2. By Application 16.21. Turkey Sodium Trimetaphosphate Market Analysis 16.21.1. Value Proportion Analysis by Market Taxonomy 16.21.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2017-2032 16.21.2.1. By Grade 16.21.2.2. By Application 16.22. South Africa Sodium Trimetaphosphate Market Analysis 16.22.1. Value Proportion Analysis by Market Taxonomy 16.22.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2017-2032 16.22.2.1. By Grade 16.22.2.2. By Application 17. Sodium Trimetaphosphate Market Structure Analysis 17.1. Market Analysis by Tier of Companies 17.2. Market Concentration of Players 17.3. Market Share Analysis of Top Players 17.4. Market Presence Analysis 18. Sodium Trimetaphosphate Competition Analysis 18.1. Competition Dashboard 18.2. Competition Benchmarking of Products 18.3. Competition Deep Dive: Sodium Trimetaphosphate 18.3.1. Huaxing Chemicals 18.3.1.1. Overview 18.3.1.2. Product Portfolio 18.3.1.3. Key Financials 18.3.1.4. Sales Footprint 18.3.1.5. SWOT Analysis 18.3.1.6. Key Developments 18.3.1.7. Strategy Overview 18.3.2. Hubei Xingfa Chemicals Group Co. Ltd 18.3.2.1. Overview 18.3.2.2. Product Portfolio 18.3.2.3. Key Financials 18.3.2.4. Sales Footprint 18.3.2.5. SWOT Analysis 18.3.2.6. Key Developments 18.3.2.7. Strategy Overview 18.3.3. ICL 18.3.3.1. Overview 18.3.3.2. Product Portfolio 18.3.3.3. Key Financials 18.3.3.4. Sales Footprint 18.3.3.5. SWOT Analysis 18.3.3.6. Key Developments 18.3.3.7. Strategy Overview 18.3.4. Innophos 18.3.4.1. Overview 18.3.4.2. Product Portfolio 18.3.4.3. Key Financials 18.3.4.4. Sales Footprint 18.3.4.5. SWOT Analysis 18.3.4.6. Key Developments 18.3.4.7. Strategy Overview 18.3.5. Norwest Chemicals 18.3.5.1. Overview 18.3.5.2. Product Portfolio 18.3.5.3. Key Financials 18.3.5.4. Sales Footprint 18.3.5.5. SWOT Analysis 18.3.5.6. Key Developments 18.3.5.7. Strategy Overview 18.3.6. Reephos Chemical Co., Ltd 18.3.6.1. Overview 18.3.6.2. Product Portfolio 18.3.6.3. Key Financials 18.3.6.4. Sales Footprint 18.3.6.5. SWOT Analysis 18.3.6.6. Key Developments 18.3.6.7. Strategy Overview 18.3.7. Xuzhou Tianjia Food Chemical Co., Ltd. 18.3.7.1. Overview 18.3.7.2. Product Portfolio 18.3.7.3. Key Financials 18.3.7.4. Sales Footprint 18.3.7.5. SWOT Analysis 18.3.7.6. Key Developments 18.3.7.7. Strategy Overview 19. Assumptions & Acronyms Used 20. Research Methodology
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List Of Table
Table 01. Global Sodium Trimetaphosphate Market Value (US$ million) and Forecast by Region, 2017-2021
Table 02. Global Sodium Trimetaphosphate Market Value (US$ million) and Forecast by Region, 2022-2032
Table 03. Global Sodium Trimetaphosphate Market Volume (Tons) and Forecast by Region, 2017-2021
Table 04. Global Sodium Trimetaphosphate Market Volume (Tons) and Forecast by Region, 2022-2032
Table 05. Global Sodium Trimetaphosphate Market Value (US$ million) and Forecast By Grade, 2017-2021
Table 06. Global Sodium Trimetaphosphate Market Value (US$ million) and Forecast By Grade, 2022-2032
Table 07. Global Sodium Trimetaphosphate Market Volume (Tons) and Forecast By Grade, 2017-2021
Table 08. Global Sodium Trimetaphosphate Market Volume (Tons) and Forecast By Grade, 2022-2032
Table 09. Global Sodium Trimetaphosphate Market Value (US$ million) and Forecast By Application, 2017-2021
Table 10. Global Sodium Trimetaphosphate Market Value (US$ million) and Forecast By Application, 2022-2032
Table 11. Global Sodium Trimetaphosphate Market Volume (Tons) and Forecast By Application, 2017-2021
Table 12. Global Sodium Trimetaphosphate Market Volume (Tons) and Forecast By Application, 2022-2032
Table 13. North America Sodium Trimetaphosphate Market Value (US$ million) and Forecast by Country, 2017-2021
Table 14. North America Sodium Trimetaphosphate Market Value (US$ million) and Forecast by Country, 2022-2032
Table 15. North America Sodium Trimetaphosphate Market Volume (Tons) and Forecast by Country, 2017-2021
Table 16. North America Sodium Trimetaphosphate Market Volume (Tons) and Forecast by Country, 2022-2032
Table 17. North America Sodium Trimetaphosphate Market Value (US$ million) and Forecast By Grade, 2017-2021
Table 18. North America Sodium Trimetaphosphate Market Value (US$ million) and Forecast By Grade, 2022-2032
Table 19. North America Sodium Trimetaphosphate Market Volume (Tons) and Forecast By Grade, 2017-2021
Table 20. North America Sodium Trimetaphosphate Market Volume (Tons) and Forecast By Grade, 2022-2032
Table 21. North America Sodium Trimetaphosphate Market Value (US$ million) and Forecast By Application, 2017-2021
Table 22. North America Sodium Trimetaphosphate Market Value (US$ million) and Forecast By Application, 2022-2032
Table 23. North America Sodium Trimetaphosphate Market Volume (Tons) and Forecast By Application, 2017-2021
Table 24. North America Sodium Trimetaphosphate Market Volume (Tons) and Forecast By Application, 2022-2032
Table 25. Latin America Sodium Trimetaphosphate Market Value (US$ million) and Forecast by Country, 2017-2021
Table 26. Latin America Sodium Trimetaphosphate Market Value (US$ million) and Forecast by Country, 2022-2032
Table 27. Latin America Sodium Trimetaphosphate Market Volume (Tons) and Forecast by Country, 2017-2021
Table 28. Latin America Sodium Trimetaphosphate Market Volume (Tons) and Forecast by Country, 2022-2032
Table 29. Latin America Sodium Trimetaphosphate Market Value (US$ million) and Forecast By Grade, 2017-2021
Table 30. Latin America Sodium Trimetaphosphate Market Value (US$ million) and Forecast By Grade, 2022-2032
Table 31. Latin America Sodium Trimetaphosphate Market Volume (Tons) and Forecast By Grade, 2017-2021
Table 32. Latin America Sodium Trimetaphosphate Market Volume (Tons) and Forecast By Grade, 2022-2032
Table 33. Latin America Sodium Trimetaphosphate Market Value (US$ million) and Forecast By Application, 2017-2021
Table 34. Latin America Sodium Trimetaphosphate Market Value (US$ million) and Forecast By Application, 2022-2032
Table 35. Latin America Sodium Trimetaphosphate Market Volume (Tons) and Forecast By Application, 2017-2021
Table 36. Latin America Sodium Trimetaphosphate Market Volume (Tons) and Forecast By Application, 2022-2032
Table 37. Europe Sodium Trimetaphosphate Market Value (US$ million) and Forecast by Country, 2017-2021
Table 38. Europe Sodium Trimetaphosphate Market Value (US$ million) and Forecast by Country, 2022-2032
Table 39. Europe Sodium Trimetaphosphate Market Volume (Tons) and Forecast by Country, 2017-2021
Table 40. Europe Sodium Trimetaphosphate Market Volume (Tons) and Forecast by Country, 2022-2032
Table 41. Europe Sodium Trimetaphosphate Market Value (US$ million) and Forecast By Grade, 2017-2021
Table 42. Europe Sodium Trimetaphosphate Market Value (US$ million) and Forecast By Grade, 2022-2032
Table 43. Europe Sodium Trimetaphosphate Market Volume (Tons) and Forecast By Grade, 2017-2021
Table 44. Europe Sodium Trimetaphosphate Market Volume (Tons) and Forecast By Grade, 2022-2032
Table 45. Europe Sodium Trimetaphosphate Market Value (US$ million) and Forecast By Application, 2017-2021
Table 46. Europe Sodium Trimetaphosphate Market Value (US$ million) and Forecast By Application, 2022-2032
Table 47. Europe Sodium Trimetaphosphate Market Volume (Tons) and Forecast By Application, 2017-2021
Table 48. Europe Sodium Trimetaphosphate Market Volume (Tons) and Forecast By Application, 2022-2032
Table 49. East Asia Sodium Trimetaphosphate Market Value (US$ million) and Forecast by Country, 2017-2021
Table 50. East Asia Sodium Trimetaphosphate Market Value (US$ million) and Forecast by Country, 2022-2032
Table 51. East Asia Sodium Trimetaphosphate Market Volume (Tons) and Forecast by Country, 2017-2021
Table 52. East Asia Sodium Trimetaphosphate Market Volume (Tons) and Forecast by Country, 2022-2032
Table 53. East Asia Sodium Trimetaphosphate Market Value (US$ million) and Forecast By Grade, 2017-2021
Table 54. East Asia Sodium Trimetaphosphate Market Value (US$ million) and Forecast By Grade, 2022-2032
Table 55. East Asia Sodium Trimetaphosphate Market Volume (Tons) and Forecast By Grade, 2017-2021
Table 56. East Asia Sodium Trimetaphosphate Market Volume (Tons) and Forecast By Grade, 2022-2032
Table 57. East Asia Sodium Trimetaphosphate Market Value (US$ million) and Forecast By Application, 2017-2021
Table 58. East Asia Sodium Trimetaphosphate Market Value (US$ million) and Forecast By Application, 2022-2032
Table 59. East Asia Sodium Trimetaphosphate Market Volume (Tons) and Forecast By Application, 2017-2021
Table 60. East Asia Sodium Trimetaphosphate Market Volume (Tons) and Forecast By Application, 2022-2032
Table 61. South Asia & Oceania Sodium Trimetaphosphate Market Value (US$ million) and Forecast by Country, 2017-2021
Table 62. South Asia & Oceania Sodium Trimetaphosphate Market Value (US$ million) and Forecast by Country, 2022-2032
Table 63. South Asia & Oceania Sodium Trimetaphosphate Market Volume (Tons) and Forecast by Country, 2017-2021
Table 64. South Asia & Oceania Sodium Trimetaphosphate Market Volume (Tons) and Forecast by Country, 2022-2032
Table 65. South Asia & Oceania Sodium Trimetaphosphate Market Value (US$ million) and Forecast By Grade, 2017-2021
Table 66. South Asia & Oceania Sodium Trimetaphosphate Market Value (US$ million) and Forecast By Grade, 2022-2032
Table 67. South Asia & Oceania Sodium Trimetaphosphate Market Volume (Tons) and Forecast By Grade, 2017-2021
Table 68. South Asia & Oceania Sodium Trimetaphosphate Market Volume (Tons) and Forecast By Grade, 2022-2032
Table 69. South Asia & Oceania Sodium Trimetaphosphate Market Value (US$ million) and Forecast By Application, 2017-2021
Table 70. South Asia & Oceania Sodium Trimetaphosphate Market Value (US$ million) and Forecast By Application, 2022-2032
Table 71. South Asia & Oceania Sodium Trimetaphosphate Market Volume (Tons) and Forecast By Application, 2017-2021
Table 72. South Asia & Oceania Sodium Trimetaphosphate Market Volume (Tons) and Forecast By Application, 2022-2032
Table 73. MEA Sodium Trimetaphosphate Market Value (US$ million) and Forecast by Country, 2017-2021
Table 74. MEA Sodium Trimetaphosphate Market Value (US$ million) and Forecast by Country, 2022-2032
Table 75. MEA Sodium Trimetaphosphate Market Volume (Tons) and Forecast by Country, 2017-2021
Table 76. MEA Sodium Trimetaphosphate Market Volume (Tons) and Forecast by Country, 2022-2032
Table 77. MEA Sodium Trimetaphosphate Market Value (US$ million) and Forecast By Grade, 2017-2021
Table 78. MEA Sodium Trimetaphosphate Market Value (US$ million) and Forecast By Grade, 2022-2032
Table 79. MEA Sodium Trimetaphosphate Market Volume (Tons) and Forecast By Grade, 2017-2021
Table 80. MEA Sodium Trimetaphosphate Market Volume (Tons) and Forecast By Grade, 2022-2032
Table 81. MEA Sodium Trimetaphosphate Market Value (US$ million) and Forecast By Application, 2017-2021
Table 82. MEA Sodium Trimetaphosphate Market Value (US$ million) and Forecast By Application, 2022-2032
Table 83. MEA Sodium Trimetaphosphate Market Volume (Tons) and Forecast By Application, 2017-2021
Table 84. MEA Sodium Trimetaphosphate Market Volume (Tons) and Forecast By Application, 2022-2032
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List Of Figures
Figure 01. Global Sodium Trimetaphosphate Market Value (US$ million) and Volume (Tons) Forecast, 2022-2032
Figure 02. Global Sodium Trimetaphosphate Market Absolute $ Opportunity (US$ million), 2022-2032
Figure 03. Global Sodium Trimetaphosphate Market Value (US$ million) and Volume (Tons) by Region, 2022 & 2032
Figure 04. Global Sodium Trimetaphosphate Market Y-o-Y Growth Rate by Region, 2022-2032
Figure 05. Global Sodium Trimetaphosphate Market Value (US$ million) and Volume (Tons) By Grade, 2022 & 2032
Figure 06. Global Sodium Trimetaphosphate Market Y-o-Y Growth Rate By Grade, 2022-2032
Figure 07. Global Sodium Trimetaphosphate Market Value (US$ million) and Volume (Tons) By Application, 2022 & 2032
Figure 08. Global Sodium Trimetaphosphate Market Y-o-Y Growth Rate By Application, 2022-2032
Figure 09. North America Sodium Trimetaphosphate Market Value (US$ million) and Volume (Tons) Forecast, 2022-2032
Figure 10. North America Sodium Trimetaphosphate Market Absolute $ Opportunity (US$ million), 2022-2032
Figure 11. North America Sodium Trimetaphosphate Market Value (US$ million) and Volume (Tons) by Country, 2022 & 2032
Figure 12. North America Sodium Trimetaphosphate Market Y-o-Y Growth Rate by Country, 2022-2032
Figure 13. North America Sodium Trimetaphosphate Market Value (US$ million) and Volume (Tons) By Grade, 2022 & 2032
Figure 14. North America Sodium Trimetaphosphate Market Y-o-Y Growth Rate By Grade, 2022-2032
Figure 15. North America Sodium Trimetaphosphate Market Value (US$ million) and Volume (Tons) By Application, 2022 & 2032
Figure 16. North America Sodium Trimetaphosphate Market Y-o-Y Growth Rate By Application, 2022-2032
Figure 17. North America Sodium Trimetaphosphate Market Attractiveness Analysis by Country, 2022-2032
Figure 18. North America Sodium Trimetaphosphate Market Attractiveness Analysis By Grade, 2022-2032
Figure 19. North America Sodium Trimetaphosphate Market Attractiveness Analysis By Application, 2022-2032
Figure 20. Latin America Sodium Trimetaphosphate Market Value (US$ million) and Volume (Tons) Forecast, 2022-2032
Figure 21. Latin America Sodium Trimetaphosphate Market Absolute $ Opportunity (US$ million), 2022-2032
Figure 22. Latin America Sodium Trimetaphosphate Market Value (US$ million) and Volume (Tons) by Country, 2022 & 2032
Figure 23. Latin America Sodium Trimetaphosphate Market Y-o-Y Growth Rate by Country, 2022-2032
Figure 24. Latin America Sodium Trimetaphosphate Market Value (US$ million) and Volume (Tons) By Grade, 2022 & 2032
Figure 25. Latin America Sodium Trimetaphosphate Market Y-o-Y Growth Rate By Grade, 2022-2032
Figure 26. Latin America Sodium Trimetaphosphate Market Value (US$ million) and Volume (Tons) By Application, 2022 & 2032
Figure 27. Latin America Sodium Trimetaphosphate Market Y-o-Y Growth Rate By Application, 2022-2032
Figure 28. Latin America Sodium Trimetaphosphate Market Attractiveness Analysis by Country, 2022-2032
Figure 29. Latin America Sodium Trimetaphosphate Market Attractiveness Analysis By Grade, 2022-2032
Figure 30. Latin America Sodium Trimetaphosphate Market Attractiveness Analysis By Application, 2022-2032
Figure 31. Europe Sodium Trimetaphosphate Market Value (US$ million) and Volume (Tons) Forecast, 2022-2032
Figure 32. Europe Sodium Trimetaphosphate Market Absolute $ Opportunity (US$ million), 2022-2032
Figure 33. Europe Sodium Trimetaphosphate Market Value (US$ million) and Volume (Tons) by Country, 2022 & 2032
Figure 34. Europe Sodium Trimetaphosphate Market Y-o-Y Growth Rate by Country, 2022-2032
Figure 35. Europe Sodium Trimetaphosphate Market Value (US$ million) and Volume (Tons) By Grade, 2022 & 2032
Figure 36. Europe Sodium Trimetaphosphate Market Y-o-Y Growth Rate By Grade, 2022-2032
Figure 37. Europe Sodium Trimetaphosphate Market Value (US$ million) and Volume (Tons) By Application, 2022 & 2032
Figure 38. Europe Sodium Trimetaphosphate Market Y-o-Y Growth Rate By Application, 2022-2032
Figure 39. Europe Sodium Trimetaphosphate Market Attractiveness Analysis by Country, 2022-2032
Figure 40. Europe Sodium Trimetaphosphate Market Attractiveness Analysis By Grade, 2022-2032
Figure 41. Europe Sodium Trimetaphosphate Market Attractiveness Analysis By Application, 2022-2032
Figure 42. East Asia Sodium Trimetaphosphate Market Value (US$ million) and Volume (Tons) Forecast, 2022-2032
Figure 43. East Asia Sodium Trimetaphosphate Market Absolute $ Opportunity (US$ million), 2022-2032
Figure 44. East Asia Sodium Trimetaphosphate Market Value (US$ million) and Volume (Tons) by Country, 2022 & 2032
Figure 45. East Asia Sodium Trimetaphosphate Market Y-o-Y Growth Rate by Country, 2022-2032
Figure 46. East Asia Sodium Trimetaphosphate Market Value (US$ million) and Volume (Tons) By Grade, 2022 & 2032
Figure 47. East Asia Sodium Trimetaphosphate Market Y-o-Y Growth Rate By Grade, 2022-2032
Figure 48. East Asia Sodium Trimetaphosphate Market Value (US$ million) and Volume (Tons) By Application, 2022 & 2032
Figure 49. East Asia Sodium Trimetaphosphate Market Y-o-Y Growth Rate By Application, 2022-2032
Figure 50. East Asia Sodium Trimetaphosphate Market Attractiveness Analysis by Country, 2022-2032
Figure 51. East Asia Sodium Trimetaphosphate Market Attractiveness Analysis By Grade, 2022-2032
Figure 52. East Asia Sodium Trimetaphosphate Market Attractiveness Analysis By Application, 2022-2032
Figure 53. South Asia & Oceania Sodium Trimetaphosphate Market Value (US$ million) and Volume (Tons) Forecast, 2022-2032
Figure 54. South Asia & Oceania Sodium Trimetaphosphate Market Absolute $ Opportunity (US$ million), 2022-2032
Figure 55. South Asia & Oceania Sodium Trimetaphosphate Market Value (US$ million) and Volume (Tons) by Country, 2022 & 2032
Figure 56. South Asia & Oceania Sodium Trimetaphosphate Market Y-o-Y Growth Rate by Country, 2022-2032
Figure 57. South Asia & Oceania Sodium Trimetaphosphate Market Value (US$ million) and Volume (Tons) By Grade, 2022 & 2032
Figure 58. South Asia & Oceania Sodium Trimetaphosphate Market Y-o-Y Growth Rate By Grade, 2022-2032
Figure 59. South Asia & Oceania Sodium Trimetaphosphate Market Value (US$ million) and Volume (Tons) By Application, 2022 & 2032
Figure 60. South Asia & Oceania Sodium Trimetaphosphate Market Y-o-Y Growth Rate By Application, 2022-2032
Figure 61. South Asia & Oceania Sodium Trimetaphosphate Market Attractiveness Analysis by Country, 2022-2032
Figure 62. South Asia & Oceania Sodium Trimetaphosphate Market Attractiveness Analysis By Grade, 2022-2032
Figure 63. South Asia & Oceania Sodium Trimetaphosphate Market Attractiveness Analysis By Application, 2022-2032
Figure 64. MEA Sodium Trimetaphosphate Market Value (US$ million) and Volume (Tons) Forecast, 2022-2032
Figure 65. MEA Sodium Trimetaphosphate Market Absolute $ Opportunity (US$ million), 2022-2032
Figure 66. MEA Sodium Trimetaphosphate Market Value (US$ million) and Volume (Tons) by Country, 2022 & 2032
Figure 67. MEA Sodium Trimetaphosphate Market Y-o-Y Growth Rate by Country, 2022-2032
Figure 68. MEA Sodium Trimetaphosphate Market Value (US$ million) and Volume (Tons) By Grade, 2022 & 2032
Figure 69. MEA Sodium Trimetaphosphate Market Y-o-Y Growth Rate By Grade, 2022-2032
Figure 70. MEA Sodium Trimetaphosphate Market Value (US$ million) and Volume (Tons) By Application, 2022 & 2032
Figure 71. MEA Sodium Trimetaphosphate Market Y-o-Y Growth Rate By Application, 2022-2032
Figure 72. MEA Sodium Trimetaphosphate Market Attractiveness Analysis by Country, 2022-2032
Figure 73. MEA Sodium Trimetaphosphate Market Attractiveness Analysis By Grade, 2022-2032
Figure 74. MEA Sodium Trimetaphosphate Market Attractiveness Analysis By Application, 2022-2032
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- FAQs -
What is the global STMP market size?
The global market is valued at US$ 38.9 million in 2022.
How is the market for STMP expected to fare going forward?
Worldwide demand is anticipated to reach US$ 65.8 million by 2032-end.
What will be China’s value by the end of 2022?
China is expected to reach a valuation of US$ 7.4 million by the end of 2022.
Which regional STMP market accounts for a leading market share?
North America tops the global market accounting for 32.4% market share.
Which application holds the highest market share?
Starch Modification accounts for a 69.1% share of global sales.
Sodium Trimetaphosphate Market