Press release
Sodium Tripolyphosphate Market, industry growth forecast from 2016 to 2024
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.
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.
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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.
Sodium tripolyphosphate market is segmented on the basis of formulation as liquid, powder, tablets and gels. Dry powder dominates the overall industry in this segment. Technological advancement in machinery along with cleaning application developments has resulted in innovative products including pellets large crystal.
The Sodium Tripolyphosphate Market Report Consists of,
1. Methodology and Scope
2. Executive Summary
3. Sodium Tripolyphosphate Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2012 - 2023
3.3. Industry ecosystem analysis 3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends
4. Sodium Tripolyphosphate Product Insights
5. Sodium Tripolyphosphate Application Insights
6. Sodium Tripolyphosphate Regional Insights
7. Competitor Profiles
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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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