The Sodium Phosphate Market size was valued at USD 7.03 Bn in 2023 and the total Sodium Phosphate revenue is expected to grow at a CAGR of 5.67% from 2024 to 2030, reaching nearly USD 10.34 Bn. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Sodium phosphate market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in near future to emerging segment in Sodium phosphate market.To know about the Research Methodology :- Request Free Sample Report The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis. Sodium phosphate is mainly used for a salts of sodium and phosphate. Sodium phosphates have many applications in food and for water treatment. Sodium phosphates are habitually used as emulsifiers, thickening agents, and leavening agents for baked goods. Sodium phosphate is sorely used in the shampoos, oral hygiene products, hair conditioners, hair dyes, bath products, fragrances, several makeup items, and skincare products due to its exceptional cleansing properties. Based on the product type, monobasic sodium phosphates is frequently used in foods and in water treatment. The pH of such formulations is usually adjusted by mixtures of various sodium phosphates. It is used in animal feed, toothpaste, and evaporated milk. It is used as a thickening agent and emulsifier. Disodium phosphate is used in combination with trisodium phosphate in foods and water softening treatment. Its occurrence prevents coagulation in the preparation of condensed milk. Further, it is used as an anti-caking additive in powdered products. Trisodium phosphate is formed by neutralization of phosphoric acid using sodium hydroxide, often with sodium carbonate. It is extensively used in formulations for a variety of consumer-grade soaps and detergents, and the most common use for trisodium phosphate has been in cleaning agents. Sodium phosphates have numerous applications in which its major use is in the food & beverages and water treatment industry. The sodium phosphate of food grade is widely used as food additive in the food and beverages industry hence increasing its demand in the global market. It has water retention and buffering capacity features of the food grade sodium phosphates are increasing the demand of sodium phosphate. Other factors that driving the market growth is the growing spending capacity of the consumers along with their changing food preferences contributes to the increased demand for the product in the market. The rising improved crops production has improved the sales of sodium phosphate. Sodium Phosphate coatings are used on steel parts for corrosion resistance, foundation for subsequent coatings or painting. The challenges that hampers the sodium phosphate market are the reducing supply of the phosphate and the strict rules that are implemented by the use of sodium phosphate in the detergents. Geographically, Asia pacific region leads the demand in the global sodium phosphate market this can be attributed to growing demand for demand for processed food. The increasing population and the increasing inclination of the consumers towards food further affecting the market growth positively. The emerging countries such as India and China are the key countries where it is expected that the market will enhance owing to the huge demand for the processed foods and the growing population. North America and Europe region are also expected to gain a significant growth in the market in the coming years.
Sodium Phosphate Market Scope: Inquire before buying
Sodium Phosphate Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 1.73 Bn. Forecast Period 2024 to 2030 CAGR: 8.7% Market Size in 2030: US $ 3.11 Bn. Segments Covered: by Product Type Monobasic sodium phosphate Disodium phosphate Trisodium phosphate Others (Dibasic, Tribasic Sodium Phosphates, etc.) by Application Food & Beverages Fertilizers Detergents Metal Finishing Water Treatment Chemicals Personal Care Others Sodium Phosphate Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Sodium Phosphate Market, Key Players
1. Caisson Labs Inc. 2. Jost Chemical 3. ICL Group Ltd. 4. FBC Industries, Inc. 5. Kemin Industries, Inc. 6. KANTO CHEMICAL CO.,INC. 7. Junsei Chemical Co.,Ltd. 8. Aarti Phosphates 9. NIPPON CHEMICAL INDUSTRIAL CO.,LTD. 10. MilliporeSigma 11. ATPGroup 12. Columbus Chemical Industries 13. e-nacalai 14. EuroChem Group 15. The Mosaic Company 16. Israel Chemicals Ltd. 17. Tata Chemicals 18. Innophos Holdings, Inc. 19. PhosAgro 20. Maaden 21. Grasim 22. Tessenderlo Group 23. Chemtrade Logistics Inc. 24. Saudi Arabian Mining Company 25. Xuzhou Zexin Phosphates Co., Ltd. 26. Hawkins Inc. 27. Nutrien Ltd. 28. Alkali Scientific LLC 29. Lanxess AG 30. Ferro CorporationFrequently Asked Questions:
1. Which region has the largest share in Global Sodium Phosphate Market? Ans: Asia pacific region held the highest share in 2023. 2. What is the growth rate of Global Sodium Phosphate Market? Ans: The Global Sodium Phosphate Market is growing at a CAGR of 8.7% during forecasting period 2024-2030. 3. What is scope of the Global Sodium Phosphate Market report? Ans: Global Sodium Phosphate Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Sodium Phosphate Market? Ans: The important key players in the Global Sodium Phosphate Market are – S.A. OCP, PJSC PhosAgro AG, EuroChem, Innophos Holdings, Inc., The Mosaic Company, Potash Corporation of Saskatchewan Inc., Agrium Inc., Saudi Arabian Mining Company, Israel Chemicals Ltd., Grasim, Mosaic, Sumitomo, Tata Chemicals, Xuzhou Zexin Phosphates Co.,Ltd, Spectrum, Cotex chem pvt. ltd, Aarti Phosphates, Innophos Holdings, and Inc. 5. What was the Global Sodium Phosphate Market size in 2023? Ans: The Global Sodium Phosphate Market size was USD 7.03 Bn in 2023.
1. Sodium Phosphate Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Global Sodium Phosphate Market: Competitive Landscape 2.1. MMR Competition Matrix 2.2. Competitive Landscape 2.3. Market share analysis of major players 2.4. Key Players Benchmarking 2.4.1. Company Name 2.4.2. Business Segment 2.4.3. End-user Segment 2.4.4. Growth Rate (Y-O-Y %) 2.4.5. Revenue (2023) 2.4.6. Profit Margin 2.4.7. Market Share 2.4.8. Key Development 2.5. Market Size Estimation Methodology 2.5.1. Bottom-Up Approach 2.5.2. Top-Down Approach 2.6. Sodium Phosphate Market Industry Ecosystem 2.6.1. Key Players in the Sodium Phosphate Industry Ecosystem 2.6.2. Role and Impact of Companies in the Sodium Phosphate Industry Ecosystem 2.7. Market Structure 2.7.1. Market Leaders 2.7.2. Market Followers 2.7.3. Emerging Players 2.8. Mergers and Acquisitions Details 2.9. Consolidation of the Market 2.9.1. New Product/Solution Launches and Product Enhancements 2.9.2. Business Expansions 2.9.3. Agreements/Partnerships/Collaborations 2.9.4. Mergers and Acquisitions 3. Sodium Phosphate Market: Dynamics 3.1. Sodium Phosphate Market Trends 3.2. Sodium Phosphate Market Dynamics 3.2.1.1. Drivers 3.2.1.2. Restraints 3.2.1.3. Opportunities 3.2.1.4. Challenges 3.3. PORTER’s Five Forces Analysis 3.3.1. Customer Bargaining Power 3.3.2. Supplier Bargaining Power 3.3.3. Threat of New Entrants 3.3.4. Rivalry of Competitors 3.3.5. Threat of Substitute Products 3.4. Value Chain Analysis 3.4.1. Raw Material Procurement 3.4.2. Manufacturing 3.4.3. Suppliers and Distributors 3.4.4. Marketing & Sales 3.4.5. End Users 3.5. PESTLE Analysis 3.6. The Global Export-Import Analysis in 2023 3.6.1. Top 10 Importers – Imports Value USD Million & Volume Tonnes) 3.6.2. Top 10 Exporters – Imports (Value USD Million & Volume Tonnes) 3.7. Price Trend Analysis 3.7.1. Price Trend Analysis By Region (2018-2030) 3.7.2. Analysis Of Key Factors That Influenced Price Fluctuations 3.8. Cost Structure Analysis 3.8.1. Raw Material Costs 3.8.2. Energy and Utilities 3.8.3. Logistics and Transportation 3.8.4. Labor and Operational Costs 3.8.5. Packaging and Distribution Costs 3.9. Regulatory Landscape By Region 3.9.1. North America 3.9.2. Europe 3.9.3. Asia Pacific 3.9.4. South America 3.9.5. MEA 3.10. Key Opinion Leader Analysis for the Sodium Phosphate Industry 4. Sodium Phosphate Market: Global Market Size and Forecast By Segmentation (By Value in USD Bn) (2023-2030) 4.1. Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 4.1.1. Monobasic sodium phosphate 4.1.2. Disodium phosphate 4.1.3. Trisodium phosphate 4.1.4. Others (Dibasic, Tribasic Sodium Phosphates, etc.) 4.2. Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 4.2.1. Food & Beverages 4.2.2. Fertilizers 4.2.3. Detergents 4.2.4. Metal Finishing 4.2.5. Water Treatment Chemicals 4.2.6. Personal Care 4.2.7. Others 5. North America Sodium Phosphate Market Size and Forecast By Segmentation (By Value in USD Billion) (2023-2030) 5.1. North America Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 5.1.1. Monobasic sodium phosphate 5.1.2. Disodium phosphate 5.1.3. Trisodium phosphate 5.1.4. Others (Dibasic, Tribasic Sodium Phosphates, etc.) 5.2. North America Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 5.2.1. Food & Beverages 5.2.2. Fertilizers 5.2.3. Detergents 5.2.4. Metal Finishing 5.2.5. Water Treatment Chemicals 5.2.6. Personal Care 5.2.7. Others 5.3. North America Sodium Phosphate Market Size and Forecast, By Country (2023-2030) 5.3.1. United States 5.3.1.1. United States Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 5.3.1.1.1. Monobasic sodium phosphate 5.3.1.1.2. Disodium phosphate 5.3.1.1.3. Trisodium phosphate 5.3.1.1.4. Others (Dibasic, Tribasic Sodium Phosphates, etc.) 5.3.1.2. United States Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 5.3.1.2.1. Food & Beverages 5.3.1.2.2. Fertilizers 5.3.1.2.3. Detergents 5.3.1.2.4. Metal Finishing 5.3.1.2.5. Water Treatment Chemicals 5.3.1.2.6. Personal Care 5.3.1.2.7. Others 5.3.2. Canada 5.3.2.1. Canada Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 5.3.2.1.1. Monobasic sodium phosphate 5.3.2.1.2. Disodium phosphate 5.3.2.1.3. Trisodium phosphate 5.3.2.1.4. Others (Dibasic, Tribasic Sodium Phosphates, etc.) 5.3.2.2. Canada Sodium Phosphate Market Size and Forecast, By Application (2023-2030) 5.3.2.2.1. Food & Beverages 5.3.2.2.2. Fertilizers 5.3.2.2.3. Detergents 5.3.2.2.4. Metal Finishing 5.3.2.2.5. Water Treatment Chemicals 5.3.2.2.6. Personal Care 5.3.2.2.7. Others 5.3.3. Mexico 5.3.3.1. Mexico Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 5.3.3.1.1. Monobasic sodium phosphate 5.3.3.1.2. Disodium phosphate 5.3.3.1.3. Trisodium phosphate 5.3.3.1.4. Others (Dibasic, Tribasic Sodium Phosphates, etc.) 5.3.3.2. Mexico Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 5.3.3.2.1. Food & Beverages 5.3.3.2.2. Fertilizers 5.3.3.2.3. Detergents 5.3.3.2.4. Metal Finishing 5.3.3.2.5. Water Treatment Chemicals 5.3.3.2.6. Personal Care 5.3.3.2.7. Others 6. Europe Sodium Phosphate Market Size and Forecast By Segmentation (By Value in USD Billion) (2023-2030) 6.1. Europe Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 6.2. Europe Sodium Phosphate Market Size and Forecast, By Country (2023-2030) 6.2.1. United Kingdom 6.2.1.1. United Kingdom Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 6.2.1.2. United Kingdom Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 6.2.2. France 6.2.2.1. France Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 6.2.2.2. France Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 6.2.3. Germany 6.2.3.1. Germany Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 6.2.3.2. Germany Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 6.2.4. Italy 6.2.4.1. Italy Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 6.2.4.2. Italy Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 6.2.5. Spain 6.2.5.1. Spain Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 6.2.5.2. Spain Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 6.2.6. Sweden 6.2.6.1. Sweden Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 6.2.6.2. Sweden Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 6.2.7. Austria 6.2.7.1. Austria Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 6.2.7.2. Austria Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 6.2.8. Rest of Europe 6.2.8.1. Rest of Europe Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 6.2.8.2. Rest of Europe Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 7. Asia Pacific Sodium Phosphate Market Size and Forecast By Segmentation (By Value in USD Billion) (2023-2030) 7.1. Asia Pacific Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 7.2. Asia Pacific Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 7.3. Asia Pacific Sodium Phosphate Market Size and Forecast, By Country (2023-2030) 7.3.1. China 7.3.1.1. China Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 7.3.1.2. China Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 7.3.2. S Korea 7.3.2.1. S Korea Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 7.3.2.2. S Korea Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 7.3.3. Japan 7.3.3.1. Japan Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 7.3.3.2. Japan Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 7.3.4. India 7.3.4.1. India Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 7.3.4.2. India Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 7.3.5. Australia 7.3.5.1. Australia Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 7.3.5.2. Australia Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 7.3.6. Malaysia 7.3.6.1. Malaysia Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 7.3.6.2. Malaysia Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 7.3.7. Vietnam 7.3.7.1. Vietnam Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 7.3.7.2. Vietnam Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 7.3.8. Thailand 7.3.8.1. Thailand Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 7.3.8.2. Thailand Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 7.3.9. Indonesia 7.3.9.1. Indonesia Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 7.3.9.2. Indonesia Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 7.3.10. Philippines 7.3.10.1. Philippines Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 7.3.11. Philippines Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 7.3.12. Rest of Asia Pacific 7.3.12.1. Rest of Asia Pacific Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 7.3.12.2. Rest of Asia Pacific Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 8. South America Sodium Phosphate Market Size and Forecast By Segmentation (By Value in USD Billion) (2023-2030) 8.1. South America Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 8.2. South America Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 8.3. South America Sodium Phosphate Market Size and Forecast, By Country (2023-2030) 8.3.1. Brazil 8.3.1.1. Brazil Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 8.3.1.2. Brazil Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 8.3.2. Argentina 8.3.2.1. Argentina Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 8.3.2.2. Argentina Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 8.3.3. Rest Of South America 8.3.3.1. Rest of South America Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 8.3.3.2. Rest of South America Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 9. Middle East and Africa Sodium Phosphate Market Size and Forecast By Segmentation (By Value USD Bn) (2023-2030) 9.1. Middle East and Africa Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 9.2. Middle East and Africa Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 9.3. Middle East and Africa Sodium Phosphate Market Size and Forecast, By Country (2023-2030) 9.3.1. South Africa 9.3.1.1. South Africa Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 9.3.1.2. South Africa Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 9.3.2. GCC 9.3.2.1. GCC Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 9.3.2.2. GCC Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 9.3.3. Rest Of MEA 9.3.3.1. Rest Of MEA Sodium Phosphate Market Size and Forecast, By Product Type(2023-2030) 9.3.3.2. Rest Of MEA Sodium Phosphate Market Size and Forecast, By Application(2023-2030) 10. Company Profile: Key Players 10.1. Caisson Labs Inc. 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview (Total Revenue, Segment Revenue, and Regional Revenue) 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Recent Developments 10.2. Jost Chemical 10.3. ICL Group Ltd. 10.4. FBC Industries, Inc. 10.5. Kemin Industries, Inc. 10.6. KANTO CHEMICAL CO.,INC. 10.7. Junsei Chemical Co.,Ltd. 10.8. Aarti Phosphates 10.9. NIPPON CHEMICAL INDUSTRIAL CO.,LTD. 10.10. MilliporeSigma 10.11. ATPGroup 10.12. Columbus Chemical Industries 10.13. e-nacalai 10.14. EuroChem Group 10.15. The Mosaic Company 10.16. Israel Chemicals Ltd. 10.17. Tata Chemicals 10.18. Innophos Holdings, Inc. 10.19. PhosAgro 10.20. Maaden 10.21. Grasim 10.22. Tessenderlo Group 10.23. Chemtrade Logistics Inc. 10.24. Saudi Arabian Mining Company 10.25. Xuzhou Zexin Phosphates Co., Ltd. 10.26. Hawkins Inc. 10.27. Nutrien Ltd. 10.28. Alkali Scientific LLC 10.29. Lanxess AG 10.30. Ferro Corporation 11. Key Findings 12. Analyst Recommendations 12.1. Attractive Opportunities for Players in the Sodium Phosphate Market 12.2. Future Outlooks 13. Sodium Phosphate Market: Research Methodology
