Global Sodium Tripolyphosphate to witness high growth in the forecast period

Sodium Tripolyphosphate Market size is an inorganic compound extensively used in cleaning applications as a detergent builder. Superior buffering properties, dispersing dirt particles and emulsifying fats are the considerable factors enhancing the product consumption.

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Global sodium tripolyphosphate consumption was more than 3 million tons in 2015. Strong potential applications in detergent, food, ceramic and animal feed industry will fuel the demand. STPP commonly exists in white free-flowing powder form that is free from visible impurities.

The differentiating factor of Sodium Tripolyphosphate Market report by Global Market Insights, Inc. when compared with other, similar syndicated research studies includes a 360-degree synopsis of trends for a period of more than 10 years including historic information as well as future outlook. Business focussed multiple trends for Sodium Tripolyphosphate industry are discussed along with regional trends to offer an overall view of the market. The ‘industry insights’ chapter of this research provides the most comprehensive analysis of Sodium Tripolyphosphate Market covering segmentation, size, forecasts, ecosystem analysis and more. Industry impact forces (regional and global) that cover growth drivers and challenges, growth potential analysis, a strategy dashboard for competitive landscape of Sodium Tripolyphosphate Market support this sector specific data and information points.

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Sodium tripolyphosphate is widely used in household as well as industrial cleaning process. Detergent builder is the major contributor of the overall STTP consumption. Increasing household detergent consumption along with rise in laundry technologies will drive the demand in the forecast period. Household cleaning applications account for more than 80% of the total industry.

High application scope in ceramics, leather tanning and textile industries will positively influence the sodium tripolyphosphate market. Increasing consumption as dispersing agent in ceramic processing accompanied by growing uses in cement-based materials will propel the industry growth. The product supports in reduction of glazes to certain limit in ceramic industry. Rising range of applications including paints, paper, toothpaste, flame retardant and rubber has enhanced the product penetration. It is used as oil-resistant agent in paper and pigment dispersant in paints.

Rising demand for compact and regular detergents along with increasing consumption in surface cleaners and toilet cleaners are the factors influencing the price trends. Technological advancements in washing machines and automatic dish washers has enhanced the product development. High pH buffering, prevention from deposition and high dissolving properties are the factors influencing the sodium tripolyphosphate market in this segment.

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North America, driven by the U.S. sodium tripolyphosphate market will witness high gains in the forecast period with the presence of major manufacturers. Expansion in cleaning product industry in this region will drive the sodium tripolyphosphate market share. Increasing usage in laundry detergent, industrial detergent and dishwasher detergent are the driving factors of the regional demand.

Rising consumer health concerns due to STPP including skin & eye irritation, chronic toxicity, genetic toxicity and carcinogenicity are the restraining factors of the industry growth. Stringent regulations particularly in Europe along with large presence of substitutes may hamper the sodium tripolyphosphate market size. Environmental effects including aquatic ecology and soil effects are also crucial aspects of the industry growth.

Global sodium tripolyphosphate market is consolidated with the chief manufacturers. The key players include Innophos Holdings Inc., Sigma-Aldrich, Hubei Xingfa Chemicals Group Co. Ltd. and Aditya Birla Chemicals.

Production capacity expansions in the emerging economies, supply agreements and mergers & acquisitions are the major strategies adopted by the companies. These strategies improve the geographical coverage, enhance distribution network and market position. Other considerable industry participants include ABCR GmbH, CheMall Corporation, ParChem, Tianyuan Group, Guizhou Zhongshen Phosphates Chemical, SDIC and Yuntianhua Group.

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