Los Angeles, CA -- (SBWire) -- 04/12/2019 --Sodium trimetaphosphate (also STMP), with formula Na3P3O9, is a metaphosphate of sodium. It has the empirical formula NaPO3. It is the sodium salt of trimetaphosphoric acid. It is a colourless solid.
In consumption market, USA and China are the mainly consumption regions due to the bigger demand of downstream applications. In 2017, these two regions occupied 97% of the global consumption volume in total.
Sodium Trimetaphosphate has different grade, which include Industrial Grade and Food Grade, and each type has different application people and places relatively.
The major raw materials for Sodium Trimetaphosphate are Phosphoric Acid, Soda Ash and other components. Fluctuations in the price of the upstream product will impact on the production cost of Sodium Trimetaphosphate. The production cost of Sodium Trimetaphosphate is also an important factor which could impact the price of Sodium Trimetaphosphate. As the world's largest phosphate production base, China has a natural cost advantage.
The global Sodium Trimetaphosphate market was 36 million US$ in 2018 and is expected to 45 million US$ by the end of 2025, growing at a CAGR of 3.2% between 2019 and 2025.
This report studies the Sodium Trimetaphosphate market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Sodium Trimetaphosphate in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
ICL
Innophos
Xingfa Chemicals
Sichuan Mianzhu Norwest Phosphate
Guizhou Sino-Phos Chemical
Chengdu Chemical Engineering Research
Xuzhou Tianjia
Reephos Group
Sichuan Chenghong Phosph-Chemical
Xingxin Biological
Xinxiang Huaxing Chemical
Hens
By the product type, the market is primarily split into
Industrial Grade
Food Grade
By the end users/application, this report covers the following segments
Food & Beverage
Meat Processing
Dairy Products
Gypsum Board
Others
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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Sodium Trimetaphosphate Market Growing at 3.20% CAGR Will Hit 45 Million US$ in 2025