Trisodium Phosphate Market: Global Industry Analysis And Forecast (2024-2030)

Trisodium Phosphate Market is expected to reach US $ 4.27 Billion by 2030, thanks to growth in the food grade segment. The report analyzes Trisodium Phosphate market dynamics by region, grade, and application.

Trisodium Phosphate Market Overview:

The inorganic compound trisodium phosphate (TSP) has the chemical formula Na3PO4. It is a crystalline or granular white substance that is extremely soluble in water and produces an alkaline solution. TSP is used as a cleaner, lubricant, food additive, stain remover, and degreaser, among other things. The commercial item is frequently slightly hydrated, ranging from anhydrous Na3PO4 to dodecahydrate Na3PO4.12H2O. It's also known as trisodium orthophosphate or just sodium phosphate and comes in a white powder form.Trisodium Phosphate Market1To know about the Research Methodology :- Request Free Sample Report One of the most often used phosphate salts is trisodium phosphate. Monosodium phosphate (H2NaPO4) and disodium phosphate (HNa2PO4) are the other two regularly used salts. The ratio of sodium to phosphate in the reactor stage determines how different types of sodium phosphates are produced. Wet phosphoric acid is commonly used in the manufacture of industrial-grade sodium phosphates. When making sodium phosphates for the food sector, however, food-grade phosphoric acid is used.

Trisodium Phosphate Market Dynamics:

Trisodium phosphate is a type of industrial phosphate that is a component of sodium phosphates. They only account for a small portion of the total phosphates market. They are, nonetheless, an important portion. Population and economic growing, as well as improvements in living conditions in developing nations, are driving their rising market demand. Trisodium phosphates have a wide range of applications, including detergents. However, because to increased awareness of their environmental impacts and legislation prohibiting their use in detergents, their use in the application has decreased dramatically in recent years. Many wealthy countries are transitioning away from detergents containing trisodium phosphates and toward more environmentally friendly alternatives. As a result, many detergent companies are using trisodium phosphate replacements in their formulations. Manufacturers of trisodium phosphate have turned their focus to other applications, such as food and animal feed, as a result. Environmental concerns are anticipated to influence demand for phosphates, notably trisodium phosphate, in detergents. In recent years, demand for automated dishwashing detergents has decreased dramatically in places such as North America and Western Europe. They are being phased out in favour of less environmentally friendly alternatives. As a result, food, water treatment, and fertilizers are among the fast increasing applications for sodium phosphates. However, where there are currently no limitations or where cleaning effectiveness is required, their use in detergents is expected to be significant. They are still used as an acid in cleaning products in countries where there are no restrictions on their use.

Trisodium Phosphate Market Segment Analysis:

Based on Grade: In 2023, the food grade TSP segment was dominant and held xx% of the overall market share in terms of revenue. Soft drinks include food-grade trisodium phosphate, which is also used as a supplement in animal feed for cattle, pigs, and chickens. It's mostly used in cereals and processed cheese in the food business. Its use in toothpastes is one of its applications in the personal care business. Detailed information about each segment is covered in the MMR’s report.

Trisodium Phosphate Market Regional Insights:

The market in Asia Pacific and South America is expected to grow rapidly because to the regions' thriving food and beverage industries. In these locations, demand for ready-to-eat foods, breakfast foods (including cereals), and packaged meat is gradually rising, driving the trisodium phosphate market. China, India, and Latin American countries are likely to have significant growth potential in the trisodium phosphate market. In these countries, detergents and cleaners are likely to constitute a major application category. Due to declines in main application areas, the trisodium phosphate market in Western European countries, the United States, and Japan is likely to grow at a moderate rate.

Trisodium Phosphate Market Scope: Inquiry Before Buying

Global Trisodium Phosphate Market
Report Coverage Details
Base Year: 2023 Forecast Period: 2024-2030
Historical Data: 2018 to 2023 Market Size in 2023: US $ 3.01 Bn.
Forecast Period 2024 to 2030 CAGR: 5.1% Market Size in 2030: US $ 4.27 Bn.
Segments Covered: by Grade Food Grade Industrial Grade
by Application Cleaning Chlorination Flux Painting Enhancement Food Additive Exercise Performance Enhancement

Trisodium 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)

Trisodium Phosphate Market Key Players

1.Aditya Birla Chemicals 2. Merck KgaA 3. Recochem Corporation 4. Chem One Ltd. 5. Ixom 6. Chemfax 7. Albright & Wilson 8. Bangye Inc. 9. Sundia 10.Shifang Juyuan Chemical 11.Lianyungang Yunbo Chemical 12.Weifang Xingtai Chemicals 13.Qingzhou Qiancheng Chemical 14.FBC 15.Suqian Modern Chemical 16.Others Frequently Asked Questions: 1. What is the forecast period considered for the Trisodium Phosphate market report? Ans. The forecast period for the Trisodium Phosphate market is 2024-2030. 2. Which key factors are expected to hinder the growth of the Trisodium Phosphate market? Ans. The threat of replacement with easily available substitutes and strict regulations are the key factors expected to hinder the market growth during the forecast period. 3. What is the compound annual growth rate (CAGR) of the Trisodium Phosphate market for the next 6 years? Ans. The Trisodium Phosphate market is expected to grow at a CAGR of 5.1% during the forecast period (2024-2030). 4. What are the key factors driving the growth of the Trisodium Phosphate market? Ans. The growing demand for food & beverage products is the key factor expected to drive the growth of the market during the forecast period. 5. Which are the worldwide major key players covered in the Trisodium Phosphate market report? Ans. Aditya Birla Chemicals, Merck KgaA, Recochem Corporation, Chem One Ltd., Ixom, Chemfax, Albright & Wilson, Bangye Inc., Sundia, Shifang Juyuan Chemical, Lianyungang Yunbo Chemical, Weifang Xingtai Chemicals, Qingzhou Qiancheng Chemical, FBC, Suqian Modern Chemical, and Others are the key players covered.
1. Trisodium Phosphate Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Trisodium Phosphate Market: Dynamics 2.1. Trisodium Phosphate Market Trends by Region 2.1.1. North America Trisodium Phosphate Market Trends 2.1.2. Europe Trisodium Phosphate Market Trends 2.1.3. Asia Pacific Trisodium Phosphate Market Trends 2.1.4. Middle East and Africa Trisodium Phosphate Market Trends 2.1.5. South America Trisodium Phosphate Market Trends 2.2. Trisodium Phosphate Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Trisodium Phosphate Market Drivers 2.2.1.2. North America Trisodium Phosphate Market Restraints 2.2.1.3. North America Trisodium Phosphate Market Opportunities 2.2.1.4. North America Trisodium Phosphate Market Challenges 2.2.2. Europe 2.2.2.1. Europe Trisodium Phosphate Market Drivers 2.2.2.2. Europe Trisodium Phosphate Market Restraints 2.2.2.3. Europe Trisodium Phosphate Market Opportunities 2.2.2.4. Europe Trisodium Phosphate Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Trisodium Phosphate Market Drivers 2.2.3.2. Asia Pacific Trisodium Phosphate Market Restraints 2.2.3.3. Asia Pacific Trisodium Phosphate Market Opportunities 2.2.3.4. Asia Pacific Trisodium Phosphate Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Trisodium Phosphate Market Drivers 2.2.4.2. Middle East and Africa Trisodium Phosphate Market Restraints 2.2.4.3. Middle East and Africa Trisodium Phosphate Market Opportunities 2.2.4.4. Middle East and Africa Trisodium Phosphate Market Challenges 2.2.5. South America 2.2.5.1. South America Trisodium Phosphate Market Drivers 2.2.5.2. South America Trisodium Phosphate Market Restraints 2.2.5.3. South America Trisodium Phosphate Market Opportunities 2.2.5.4. South America Trisodium Phosphate Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Trisodium Phosphate Industry 2.8. Analysis of Government Schemes and Initiatives For Trisodium Phosphate Industry 2.9. Trisodium Phosphate Market Trade Analysis 2.10. The Global Pandemic Impact on Trisodium Phosphate Market 3. Trisodium Phosphate Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2023-2030 3.1. Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 3.1.1. Food Grade 3.1.2. Industrial Grade 3.2. Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 3.2.1. Cleaning 3.2.2. Chlorination 3.2.3. Flux 3.2.4. Painting Enhancement 3.2.5. Food Additive 3.2.6. Exercise Performance Enhancement 3.3. Trisodium Phosphate Market Size and Forecast, by Region (2023-2030) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Trisodium Phosphate Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 4.1. North America Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 4.1.1. Food Grade 4.1.2. Industrial Grade 4.2. North America Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 4.2.1. Cleaning 4.2.2. Chlorination 4.2.3. Flux 4.2.4. Painting Enhancement 4.2.5. Food Additive 4.2.6. Exercise Performance Enhancement 4.3. North America Trisodium Phosphate Market Size and Forecast, by Country (2023-2030) 4.3.1. United States 4.3.1.1. United States Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 4.3.1.1.1. Food Grade 4.3.1.1.2. Industrial Grade 4.3.1.2. United States Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 4.3.1.2.1. Cleaning 4.3.1.2.2. Chlorination 4.3.1.2.3. Flux 4.3.1.2.4. Painting Enhancement 4.3.1.2.5. Food Additive 4.3.1.2.6. Exercise Performance Enhancement 4.7.2. Canada 4.3.2.1. Canada Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 4.3.2.1.1. Food Grade 4.3.2.1.2. Industrial Grade 4.3.2.2. Canada Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 4.3.2.2.1. Cleaning 4.3.2.2.2. Chlorination 4.3.2.2.3. Flux 4.3.2.2.4. Painting Enhancement 4.3.2.2.5. Food Additive 4.3.2.2.6. Exercise Performance Enhancement 4.7.3. Mexico 4.3.3.1. Mexico Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 4.3.3.1.1. Food Grade 4.3.3.1.2. Industrial Grade 4.3.3.2. Mexico Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 4.3.3.2.1. Cleaning 4.3.3.2.2. Chlorination 4.3.3.2.3. Flux 4.3.3.2.4. Painting Enhancement 4.3.3.2.5. Food Additive 4.3.3.2.6. Exercise Performance Enhancement 5. Europe Trisodium Phosphate Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 5.1. Europe Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 5.2. Europe Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 5.3. Europe Trisodium Phosphate Market Size and Forecast, by Country (2023-2030) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 5.3.1.2. United Kingdom Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 5.3.2. France 5.3.2.1. France Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 5.3.2.2. France Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 5.3.3. Germany 5.3.3.1. Germany Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 5.3.3.2. Germany Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 5.3.4. Italy 5.3.4.1. Italy Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 5.3.4.2. Italy Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 5.3.5. Spain 5.3.5.1. Spain Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 5.3.5.2. Spain Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 5.3.6. Sweden 5.3.6.1. Sweden Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 5.3.6.2. Sweden Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 5.3.7. Austria 5.3.7.1. Austria Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 5.3.7.2. Austria Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 5.3.8.2. Rest of Europe Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 6. Asia Pacific Trisodium Phosphate Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 6.1. Asia Pacific Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 6.2. Asia Pacific Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 6.7. Asia Pacific Trisodium Phosphate Market Size and Forecast, by Country (2023-2030) 6.3.1. China 6.3.1.1. China Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 6.3.1.2. China Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 6.3.2. S Korea 6.3.2.1. S Korea Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 6.3.2.2. S Korea Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 6.3.3. Japan 6.3.3.1. Japan Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 6.3.3.2. Japan Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 6.3.4. India 6.3.4.1. India Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 6.3.4.2. India Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 6.3.5. Australia 6.3.5.1. Australia Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 6.3.5.2. Australia Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 6.3.6. Indonesia 6.3.6.1. Indonesia Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 6.3.6.2. Indonesia Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 6.3.7. Malaysia 6.3.7.1. Malaysia Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 6.3.7.2. Malaysia Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 6.3.8. Vietnam 6.3.8.1. Vietnam Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 6.3.8.2. Vietnam Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 6.3.9. Taiwan 6.3.9.1. Taiwan Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 6.3.9.2. Taiwan Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 6.3.10.2. Rest of Asia Pacific Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 7. Middle East and Africa Trisodium Phosphate Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 7.1. Middle East and Africa Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 7.2. Middle East and Africa Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 7.7. Middle East and Africa Trisodium Phosphate Market Size and Forecast, by Country (2023-2030) 7.7.1. South Africa 7.3.1.1. South Africa Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 7.3.1.2. South Africa Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 7.7.2. GCC 7.3.2.1. GCC Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 7.3.2.2. GCC Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 7.7.3. Nigeria 7.3.3.1. Nigeria Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 7.3.3.2. Nigeria Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 7.3.4.2. Rest of ME&A Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 8. South America Trisodium Phosphate Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 8.1. South America Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 8.2. South America Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 8.7. South America Trisodium Phosphate Market Size and Forecast, by Country (2023-2030) 8.3.1. Brazil 8.3.1.1. Brazil Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 8.3.1.2. Brazil Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 8.3.2. Argentina 8.3.2.1. Argentina Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 8.3.2.2. Argentina Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Trisodium Phosphate Market Size and Forecast, by Grade (2023-2030) 8.3.3.2. Rest Of South America Trisodium Phosphate Market Size and Forecast, by Application (2023-2030) 9. Global Trisodium Phosphate Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Trisodium Phosphate Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Aditya Birla Chemicals 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Merck KgaA 10.3. Recochem Corporation 10.4. Chem One Ltd. 10.5. Ixom 10.6. Chemfax 10.7. Albright & Wilson 10.8. Bangye Inc. 10.9. Sundia 10.10. Shifang Juyuan Chemical 10.11. Lianyungang Yunbo Chemical 10.12. Weifang Xingtai Chemicals 10.13. Qingzhou Qiancheng Chemical 10.14. FBC 10.15. Suqian Modern Chemical 10.16. Others 11. Key Findings 12. Industry Recommendations 13. Trisodium Phosphate Market: Research Methodology 14. Terms and Glossary
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