Sodium Tripolyphosphate Market Growth by Key Players: Innophos Holdings Inc., Sigma-Aldrich, Hubei Xingfa Chemicals Group Co. Ltd. and Aditya Birla Chemicals
Sodium Tripolyphosphate Market 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 cons
(EMAILWIRE.COM, August 07, 2018 ) 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.
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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.
Global food additives market was more than USD 30 billion in 2015.
Extensive usage in food additives, baking, food preservatives and processing support the sodium tripolyphosphate market growth in food industry. Sequestrant, thickener and texturizer are some of the widely used STPP contained food additives. Regulatory compliance for product usage in food and drug additive has positively influenced the demand in the recent years.
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.
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.
Increasing demand for water treatment will trigger the sodium tripolyphosphate market. Extensive usage in water softeners owing to its sequestration of water hardness property encouraged the product innovations. Water hardness maintenance is the vital part of the laundry industry.
STTP comprises for over 35% in laundry detergents and more than 5% in household washing detergents. Government and institutional regulations acclaim STPP content must be less than 2%, owing to the rising consumer health concerns.
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Europe sodium tripolyphosphate market is estimated to witness stagnant growth rates. EU household detergent market was over 25 billion in 2015. Stringent government regulations on the product usage particularly in this region has influenced the industry trends. Increasing domestic usage in laundry detergents along with high exports enhanced the regional demand. Europe accounts for around 10% of the overall STPP production.
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.
Market share calculation in this report is not done based on companies covered in it. The calculation of sodium tripolyphosphate market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Request for an in-depth table of contents for this report @ <||>rnhttps://www.gminsights.com/request-toc/upcoming/1309
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.
Global food additives market was more than USD 30 billion in 2015.
Extensive usage in food additives, baking, food preservatives and processing support the sodium tripolyphosphate market growth in food industry. Sequestrant, thickener and texturizer are some of the widely used STPP contained food additives. Regulatory compliance for product usage in food and drug additive has positively influenced the demand in the recent years.
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.
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.
Increasing demand for water treatment will trigger the sodium tripolyphosphate market. Extensive usage in water softeners owing to its sequestration of water hardness property encouraged the product innovations. Water hardness maintenance is the vital part of the laundry industry.
STTP comprises for over 35% in laundry detergents and more than 5% in household washing detergents. Government and institutional regulations acclaim STPP content must be less than 2%, owing to the rising consumer health concerns.
Request for customization of this report @ <||>rnhttps://www.gminsights.com/roc/1309
Europe sodium tripolyphosphate market is estimated to witness stagnant growth rates. EU household detergent market was over 25 billion in 2015. Stringent government regulations on the product usage particularly in this region has influenced the industry trends. Increasing domestic usage in laundry detergents along with high exports enhanced the regional demand. Europe accounts for around 10% of the overall STPP production.
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.
Market share calculation in this report is not done based on companies covered in it. The calculation of sodium tripolyphosphate market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results