Title: Silyl Acrylate Polymer Market: Competitor analysis, Strategic Outlook 2024
1Sodium Tripolyphosphate Market Share and Forecast
2016-2024
Sodium Tripolyphosphate Market Size, Industry
Analysis Report, Regional Outlook (U.S., Canada,
Mexico, UK, Germany, France, Italy, China,
Australia, India, Japan, Indonesia, Argentina,
Brazil, Saudi Arabia, UAE, Kuwait, ), Application
Development Potential, Price Trends, Competitive
Market Share Forecast, 2016 2024
2Global Market Scenario of Sodium Tripolyphosphate
- Sodium Tripolyphosphate Market size is an
inorganic compound extensively used in cleaning
applications as a detergent builder. - 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. - 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. - Increasing household detergent consumption along
with rise in laundry technologies will drive the
demand in the forecast period.
3- Product Analysis-
- Sodium tripolyphosphate is widely used in
household as well as industrial cleaning process.
Detergent builder is the major contributor of the
overall STTP consumption. - High application scope in ceramics, leather
tanning and textile industries will positively
influence the sodium tripolyphosphate market. - Superior buffering properties, dispersing dirt
particles and emulsifying fats are the
considerable factors enhancing the product
consumption.. - Regional Trends-
- North America, driven by the U.S. sodium
tripolyphosphate market will witness high gains
in the forecast period with the presence of major
manufacturers. - Increasing usage in laundry detergent, industrial
detergent and dishwasher detergent are the
driving factors of the regional demand. - Stringent regulations particularly in Europe
along with large presence of substitutes may
hamper the sodium tripolyphosphate market size.
4- Competitor Analysis-
- Environmental effects including aquatic ecology
and soil effects are also crucial aspects of the
industry growth. - 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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