Sodium Trimetaphosphate Industry Analysis in East Asia
Study on Sodium Trimetaphosphate in East Asia by Food, Technical, and Industrial Grade for Food Processing, Water Treatment, Pharmaceuticals, and Starch Modification from 2024 to 2034
Analysis of Sodium Trimetaphosphate Covering Countries Includes Analysis of China, Japan, South Korea
Sodium Trimetaphosphate Sales Outlook for East Asia (2024 to 2034)
As per a newly published market study by Fact.MR, sales of sodium trimetaphosphate (STMP) in East Asia are pegged at US$ 12.88 million in 2024. The East Asian market is predicted to increase at 8.1% CAGR and reach a size of US$ 28.1 million by the end of 2034.
Growing adoption of sodium trimetaphosphate as a stabilizer, emulsifier, and sequestrant in several industries, including pharmaceuticals, food, etc. is predicted to attract trends in the region. STMP is applied as a food additive, particularly in processed seafood and meats, to retain moisture, improve texture, and enhance shelf life. With rising demand for convenience and processed food owing to changing lifestyles, an increase in the sales of additives, including sodium trimetaphosphate is also experienced.
Increasing population and urbanization in East Asia are leading to the rising demand for several goods, including industrial products and processed foods. This is anticipated to stimulate the demand for sodium trimetaphosphate as a processing aid or additive. Changes in guidelines about quality standards, food safety, and environmental regulations are forecasted to positively impact the use of additives, including sodium trimetaphosphate, in East Asia.
Report Attributes | Details |
---|---|
Sodium Trimetaphosphate Sales in East Asia (2024E) | US$ 12.88 Million |
Projected Sales (2034F) | US$ 28.1 Million |
Demand Growth (2024 to 2034) | 8.1% CAGR |
Sales in Japan (2024E) | US$ 2.11 Million |
Demand Growth in South Korea (2024 to 2034) | 5.8% CAGR |
Demand Growth in China (2024 to 2034) | 8.8 % CAGR |
Market Share of Food Grade Sodium Trimetaphosphate (2024E) | >90% |
Key Companies Profiled | Innophos Holdings; Aditya Birla Chemicals; TKI Hrastnik; Mexichem Specialty Compounds; Sigma-Aldrich; Merck KGaA |
Don't Need a Global Report?
save 40%! on Country & Region specific reports
Why is Consumption of Sodium Trimetaphosphate Increasing in East Asia?
“Increasing Adoption of Sodium Trimetaphosphate in Industrial Applications”
Rising use of sodium trimetaphosphate in multiple industrial processes, including detergent manufacturing, ceramics production, and water treatment is predicted to stimulate its demand. It is employed in water treatment procedures owing to its ability to prevent corrosion and inhibit scale formation in industrial water systems. Sodium trimetaphosphate helps in improving water quality and controlling precipitation of metal ions by reducing hardness.
Countries in East Asia are undergoing significant industrialization, which is leading to increased demand for sodium trimetaphosphate with ensured environmental sustainability. STMP functions as a water softener and builder in detergent formulations to enhance the cleaning effectiveness of detergents and prevent metal ions from interfering with cleaning agents. Growing demand for cleaning products due to industrial growth is predicted to generate requirements for efficient detergent formulations containing sodium trimetaphosphate.
Sodium trimetaphosphate is used in ceramics manufacturing as a fluxing agent for promoting uniformity in firing, lowering the melting point of materials, and enhancing the mechanical properties of ceramic products. With surging infrastructure and construction development, demand for ceramics is also increasing in building materials, etc., therefore stimulating demand for STMP.
Country-wise Insights
Why Does China Stand Out for Suppliers of Sodium Trimetaphosphate in East Asia?
“Rising Adoption of Sodium Trimetaphosphate in Maintaining Quality Standards of Processed Foods”
Attribute | China |
---|---|
Market Value (2024E) | US$ 9.34 Million |
Growth Rate (2024 to 2034) | 8.8% CAGR |
Projected Value (2034F) | US$ 21.75 Million |
China is one of the prominent exporters of processed food to several other regional countries. It is essential to maintain the quality and safety of products to compete in international markets. Additives, including sodium trimetaphosphate, are used in several processed food products to enhance texture, shelf life, and quality. Matching set international regulatory standards, implemented by respective government authorities to support the adoption of additives, including sodium trimetaphosphate within permissible limits is attracting market trends.
As one of the prominent exporters of apparel and textiles, there is a noteworthy increase in the requirements to match regulations set for environmental standards, safety, and quality. Sodium trimetaphosphate is utilized in textile processing, especially in finishing and dyeing, to improve textile quality and color fastness.
The country exports several industrial goods, including machinery, construction materials, and electronics. Matching international safety and quality standards for these goods is pivotal to getting a competitive edge. Ensuring compliance with set international regulations is forecasted to stimulate manufacturers to adopt sodium trimetaphosphate as an effective additive.
What’s Contributing to Steady Increase in Demand for Sodium Trimetaphosphate in Japan?
“Use of Sodium Trimetaphosphate to Deliver Qualitative Processed Food”
Attribute | Japan |
---|---|
Market Value (2024E) | US$ 2.11 Million |
Growth Rate (2024 to 2034) | 6.5% CAGR |
Projected Value (2034F) | US$ 3.97 Million |
A majority of consumers in Japan are giving preference to innovative and quality products, especially food & beverages. They have high expectations and discerning tastes along with an inclination for freshness and quality of food products. They are looking for consistency, superior taste, and freshness in texture. To match these expectations, food manufacturers are exploring ways to improve the quality of processed foods.
Sodium trimetaphosphate aids in improving the overall taste profile of some processed foods by ensuring consistency and enhancing flavor. This is predicted to align with the preferences of consumers from Japan for foods offering a pleasing and balanced experience. Manufacturers of food & beverages can leverage additives, including sodium trimetaphosphate, to ensure improved shelf life and match consumer expectations for consistent quality and taste.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
Category-wise Insights
Which Sodium Trimetaphosphate Grade is in High Demand in East Asia?
“Increasing Consumption of Food Grade Sodium Trimetaphosphate in Food Processing”
Attribute | Food Grade |
---|---|
Attribute | Food Grade |
Segment Value (2024E) | US$ 11.67 Million |
Growth Rate (2024 to 2034) | 8.3% CAGR |
Projected Value (2034F) | US$ 26 Million |
Food-grade sodium trimetaphosphate is predicted to be in increased demand owing to its increased application to modify starch content and in food processing. It helps extend the shelf life of several food items by preventing spoilage and inhibiting bacterial growth. With increasing demand for processed foods, requirements for preservative is increasing in East Asia.
Which Application of Sodium Trimetaphosphate is More Rewarding Than Others?
“Rising Use of Sodium Trimetaphosphate in Starch Modification”
Attribute | Starch Modification |
---|---|
Segment Value (2024E) | US$ 9.20 Million |
Growth Rate (2024 to 2034) | 8.6% CAGR |
Projected Value (2034F) | US$ 21 Million |
Sodium trimetaphosphate is used for starch modification to improve its gelatin, stability, and viscosity. Modified starch is used in several industries, including pharmaceuticals, textiles, paper, and food. The increasing demand for modified starch with some specific functional attributes, including better gelling, binding, and thickening properties is predicted to contribute to its growing adoption.
Competition Landscape
Prominent suppliers of sodium trimetaphosphate in East Asia are investing to achieve their set goals, including ensuring the management of their supply chain, quality control, new product development, etc.
Key players operating in the East Asia market are Innophos Holdings, Aditya Birla Chemicals, TKI Hrastnik, Mexichem Specialty Compounds, Sigma-Aldrich, and Merck KGaA.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Segmentation of Sodium Trimetaphosphate Study in East Asia
-
By Grade:
- Food
- Technical
- Industrial
-
By Application:
- Food Processing
- Water Treatment
- Pharmaceutical Industry
- Starch Modification
-
By Country:
- China
- Japan
- South Korea
Table of Content
- 1. Executive Summary
- 2. East Asia Industry Overview
- 3. Industry Risks and Trends Assessment
- 4. Industry Background and Data Points
- 5. East Asia Industry Analysis 2018 to 2023 and Forecast, 2024 to 2034
- 6. East Asia Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, By Grade
- 6.1. Food
- 6.2. Technical
- 6.3. Industrial
- 7. East Asia Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, by Application
- 7.1. Food Processing
- 7.2. Water Treatment
- 7.3. Pharmaceutical Industry
- 7.4. Starch Modification
- 7.5. Others
- 8. East Asia Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, by Country
- 8.1. China
- 8.2. Japan
- 8.3. South Korea
- 9. China Industry Analysis 2018 to 2023 and Forecast 2024 to 2034
- 10. Japan Industry Analysis 2018 to 2023 and Forecast 2024 to 2034
- 11. South Korea Industry Analysis 2018 to 2023 and Forecast 2024 to 2034
- 12. Industry Structure Analysis
- 13. Competition Analysis
- 13.1. Innophos Holdings
- 13.2. Aditya Birla Chemicals
- 13.3. TKI Hrastnik
- 13.4. Mexichem Specialty Compounds
- 13.5. Sigma-Aldrich
- 13.6. Merck KGaA
- 14. Assumptions and Acronyms Used
- 15. Research Methodology
Don't Need a Global Report?
save 40%! on Country & Region specific reports
List Of Table
Table 1: East Asia Industry Value (US$ Mn) Analysis, by Grade, 2018 to 2023
Table 2: East Asia Industry Value (US$ Mn) Analysis, by Grade, 2024 to 2034
Table 3: East Asia Industry Value (US$ Mn) Opportunity Analysis, by Grade, 2024 to 2034
Table 4: East Asia Industry Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 5: East Asia Industry Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 6: East Asia Industry Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 7: East Asia Industry Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 8: East Asia Industry Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 9: East Asia Industry Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 10: China Industry Value (US$ Mn) Analysis, by Grade, 2018 to 2023
Table 11: China Industry Value (US$ Mn) Analysis, by Grade, 2024 to 2034
Table 12: China Industry Value (US$ Mn) Opportunity Analysis, by Grade, 2024 to 2034
Table 13: China Industry Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 14: China Industry Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 15: China Industry Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 16: Japan Industry Value (US$ Mn) Analysis, by Grade, 2018 to 2023
Table 17: Japan Industry Value (US$ Mn) Analysis, by Grade, 2024 to 2034
Table 18: Japan Industry Value (US$ Mn) Opportunity Analysis, by Grade, 2024 to 2034
Table 19: Japan Industry Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 20: Japan Industry Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 21: Japan Industry Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 22: South Korea Industry Value (US$ Mn) Analysis, by Grade, 2018 to 2023
Table 23: South Korea Industry Value (US$ Mn) Analysis, by Grade, 2024 to 2034
Table 24: South Korea Industry Value (US$ Mn) Opportunity Analysis, by Grade, 2024 to 2034
Table 25: South Korea Industry Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 26: South Korea Industry Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 27: South Korea Industry Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
List Of Figures
Figure 1: East Asia Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 2: East Asia Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 3: East Asia Industry Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 4: East Asia Industry Incremental $ Opportunity, 2024 to 2034
Figure 5: East Asia Industry Share and BPS Analysis by Grade, 2024 & 2034
Figure 6: East Asia Industry Y-o-Y Growth Projections by Grade, 2024 to 2034
Figure 7: East Asia Industry Attractiveness Analysis by Grade, 2024 to 2034
Figure 8: East Asia Industry Share and BPS Analysis by Application, 2024 & 2034
Figure 9: East Asia Industry Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 10: East Asia Industry Attractiveness Analysis by Application, 2024 to 2034
Figure 11: East Asia Industry Share and BPS Analysis by Country, 2024 & 2034
Figure 12: East Asia Industry Y-o-Y Growth Projections by Country, 2024 to 2034
Figure 13: East Asia Industry Attractiveness Analysis by Country, 2024 to 2034
Figure 14: China Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 15: China Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 16: China Industry Value Y-o-Y Growth and Forecast, 2034
Figure 17: China Industry Incremental $ Opportunity, 2024 to 2034
Figure 18: China Industry Share and BPS Analysis by Grade, 2024 & 2034
Figure 19: China Industry Y-o-Y Growth Projections by Grade, 2024 to 2034
Figure 20: China Industry Attractiveness Analysis by Grade, 2024 to 2034
Figure 21: China Industry Share and BPS Analysis by Application, 2024 & 2034
Figure 22: China Industry Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 23: China Industry Attractiveness Analysis by Application, 2024 to 2034
Figure 24: Japan Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 25: Japan Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 26: Japan Industry Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 27: Japan Industry Incremental $ Opportunity, 2024 to 2034
Figure 29: Japan Industry Share and BPS Analysis by Grade, 2024 & 2034
Figure 29: Japan Industry Y-o-Y Growth Projections by Grade, 2024 to 2034
Figure 30: Japan Industry Attractiveness Analysis by Grade, 2024 to 2034
Figure 31: Japan Industry Share and BPS Analysis by Application, 2024 & 2034
Figure 32: Japan Industry Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 33: Japan Industry Attractiveness Analysis by Application, 2024 to 2034
Figure 34: South Korea Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 35: South Korea Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 36: South Korea Industry Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 37: South Korea Industry Share and BPS Analysis by Grade, 2024 & 2034
Figure 38: South Korea Industry Y-o-Y Growth Projections by Grade, 2024 to 2034
Figure 39: South Korea Industry Attractiveness Analysis by Grade, 2024 to 2034
Figure 40: South Korea Industry Share and BPS Analysis by Application, 2024 & 2034
Figure 41: South Korea Industry Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 42: South Korea Industry Attractiveness Analysis by Application, 2024 to 2034
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What are the sales projections for sodium trimetaphosphate in East Asia?
Sales of sodium trimetaphosphate in East Asia are estimated at US$ 12.88 million in 2024.
What is the projected valuation of the market in East Asia for 2034?
The market in East Asia is projected to reach a valuation of US$ 28.1 million by 2034.
At what rate are the sales of sodium trimetaphosphate forecasted to rise?
Demand for sodium trimetaphosphate in East Asia is predicted to increase at 8.1% CAGR from 2024 to 2034.
What is the market share of food-grade sodium trimetaphosphate?
Food-grade sodium trimetaphosphate will account for more than 90% share of the market in 2024.
What is the forecasted size of the market in China for 2034?
Sales of sodium trimetaphosphate in China are predicted to reach US$ 21.75 million by the end of 2034.
At what rate is the demand for sodium trimetaphosphate predicted to increase in South Korea?
Sales of sodium trimetaphosphate in South Korea are projected to increase at a CAGR of 5.8% from 2024 to 2034.