Sodium Trimetaphosphate Industry Analysis in South Asia & Oceania

Study on Sodium Trimetaphosphate in South Asia & Oceania by Food, Technical, and Industrial Grade for Food Processing, Water Treatment, Pharmaceuticals, and Starch Modification from 2024 to 2034

Analysis of Sodium Trimetaphosphate Covering Countries Includes Analysis of India, Indonesia, Malaysia, Australia & New Zealand, Thailand, Rest of South Asia

Sodium Trimetaphosphate Sales Outlook for South Asia & Oceania (2024 to 2034)

Sodium trimetaphosphate sales in South Asia & Oceania are estimated to reach US$ 7.17 million in 2024 and further increase at 7.5% CAGR over the next ten years (2024 to 2034). The market in South Asia & Oceania is thereby projected to end up at a value of US$ 14.8 million by 2034.

Sodium trimetaphosphate (STMP) is a sodium salt of trimetaphosphoric acid that is extensively used in various industry verticals such as food, water treatment, and pharmaceuticals. Presence of robust food manufacturing and processing activity in South Asia & Oceania is projected to augment sodium trimetaphosphate demand over the coming years. Increasing pharmaceutical manufacturing, rising establishment of water treatment plants, and high demand for starch modification are other prospects that are forecasted to bolster sales of sodium trimetaphosphate in South Asia & Oceania through 2034.

  • Demand for sodium trimetaphosphate for pharmaceutical applications in South Asia & Oceania is estimated to rise at 6.3% CAGR from 2024 to 2034.
Report Attributes Details
Sodium Trimetaphosphate Sales in South Asia & Oceania (2024E) US$ 7.17 Million
Projected Sales (2034F) US$ 14.8 Million
Demand Growth (2024 to 2034) 7.5% CAGR
Sales in Australia & New Zealand (2024E) US$ 0.89 Million
Demand Growth in Rest of South Asia (2024 to 2034) 4.7% CAGR
Industrial Grade Sodium Trimetaphosphate Sales (2024E) US$ 0.63 Million
Sales in Thailand (2024E) US$ 1.03 Million
Key Companies Profiled
  • Vizag Chemical
  • Ennore India Chemicals
  • Pat Impex
  • Sree Jayadevi Industries
  • Hubei Jusheng Technology
  • Shandong Xinghui Chemical

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What Opportunity Awaits Sodium Trimetaphosphate Manufacturers in South Asia & Oceania?

“Market Benefiting from High Demand for Water Treatment Services”

Shortage of potable water in South Asia & Oceania is not a new issue and the rapidly expanding population of countries in this region is making it a prominent one. High pollution and drying up water bodies in this region are promoting the demand for water treatment. Increasing awareness regarding water pollution and the launch of new water treatment initiatives by governments in this region are also projected to favor demand for sodium trimetaphosphate in South Asia & Oceania going forward.

Considerable amount of sodium trimetaphosphate is used in water treatment facilities to control the pH of water, which is why a growing number of water treatment establishments could create new opportunities for sodium trimetaphosphate suppliers in South Asia & Oceania over the coming years.

  • Sodium trimetaphosphate demand in SAO for water treatment applications is calculated at a value of US$ 0.28 million in 2024 and is projected to increase at 6% CAGR between 2024 and 2034.

Find more details of growth-augmenting factors such as local supply, pricing trends, product standards, safety regulations, and new developments in this research study for sodium trimetaphosphates by skilled analysts at Fact.MR, a market research and competitive intelligence provider.

Country-wise Insights

India, Australia, Thailand, and Malaysia are projected to emerge as the most opportune spaces for sodium trimetaphosphate manufacturers and suppliers in South Asia & Oceania through 2034.

What’s Attracting Sodium Trimetaphosphate Suppliers to India?

“Continuously Expanding Pharmaceutical Industry Driving Demand Outlook”

Attribute India
Market Value (2024E) US$ 3.03 Million
Growth Rate (2024 to 2034) 9.2% CAGR
Projected Value (2034F) US$ 7.33 Million

Sodium trimetaphosphate can be used in a variety of ways in the pharmaceutical industry. Pharmaceutical manufacturing in India is increasing at a notable pace and this trend is projected to uplift sodium trimetaphosphate demand over the coming years. Growing healthcare expenditure and an increase in demand for pharmaceuticals for the treatment of various diseases are projected to indirectly favor sales of sodium trimetaphosphate in India across the study period and beyond.

The high use of sodium trimetaphosphate as buffering agents, sequestering agents, and dispersing agents in the pharmaceutical industry has created new opportunities for sodium trimetaphosphate vendors through 2034.

Should Sodium Trimetaphosphate Providers Invest in Malaysia?

“Steady Expansion of Cosmetics Industry to Offer Lucrative Growth Scope”

Attribute Malaysia
Market Value (2024E) US$ 0.97 Million
Growth Rate (2024 to 2034) 8% CAGR
Projected Value (2034F) US$ 2.1 Million

The cosmetics industry in Malaysia has been steadily expanding in recent years and this is projected to open up new avenues of opportunities for sodium trimetaphosphate companies in the future. STMP is a crucial preservative for personal care products and cosmetics that prevents damage to the product by helping in the inactivation of metallic ions, which is why its demand is projected to shine bright in Malaysia going forward.

Increasing demand for processed foods, rising focus on sustainability, and expanding pharmaceutical manufacturing activity are also estimated to benefit sodium trimetaphosphate sales in Malaysia over the next ten years and beyond.

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Category-wise Insights

Sodium trimetaphosphate manufacturers in South Asia & Oceania are supplying food grade sodium trimetaphosphate for starch modification applications to strengthen their presence in this region.

Which Sodium Trimetaphosphate Grade is in High Demand?

“Food Grade Sodium Trimetaphosphate to Spearhead Revenue Generation”

Attribute Food Grade
Segment Value (2024E) US$ 6.25 Million
Growth Rate (2024 to 2034) 7.8% CAGR
Projected Value (2034F) US$ 13.3 Million

High use of sodium trimetaphosphate in the food processing industry for various applications is projected to bolster food grade sodium trimetaphosphate demand in South Asia & Oceania over the coming years. Growing manufacturing and consumption of processed foods in this region is also forecasted to augment sales of food grade sodium trimetaphosphate through 2024.

Why is Sodium Trimetaphosphate Extensively Used in Starch Modification?

“Ability of Sodium Trimetaphosphate to Create Cross-links and Enhance Texture of Food Products”

Attribute Starch Modification
Segment Value (2024E) US$ 4.94 Million
Growth Rate (2024 to 2034) 8.1% CAGR
Projected Value (2034F) US$ 10.8 Million

Consumption of processed food products in South Asia & Oceania is increasing at a rapid pace and this is projected to create demand for starch modification over the coming years. Starch modification allows food companies to improve the texture and stability of processed foods that are going to be subjected to high temperatures or freezing temperatures. Rising production of processed foods and convenience foods in this region is projected to boost sodium trimetaphosphate sales for starch modification applications in South Asia & Oceania across the study period.

Analyst’s Opinion

Sodium trimetaphosphate companies have plenty of opportunities to maximize their sales and improve profits in South Asia & Oceania region. Sodium trimetaphosphate manufacturers should focus on reducing their manufacturing costs by deploying cheap labor and taking advantage of supportive government initiatives and incentives in this region. Food processing and water treatment applications are projected to influentially uplift sodium trimetaphosphate demand in South Asia & Oceania over the next ten years and beyond.

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Segmentation of Sodium Trimetaphosphate Study in South Asia & Oceania

  • By Grade:

    • Food
    • Industrial
    • Technical
  • By Application:

    • Food Processing
    • Pharmaceutical Industry
    • Starch Modification
    • Water Treatment
    • Others
  • By Country:

    • India
    • Indonesia
    • Malaysia
    • Australia & New Zealand
    • Thailand
    • Rest of South Asia

- FAQs -

How much are sodium trimetaphosphate sales in South Asia & Oceania?

Sodium trimetaphosphate sales in South Asia & Oceania are estimated at US$ 7.17 million in 2024.

What is the forecasted SAO market value for 2034?

The market in SAO is projected to reach a valuation of US$ 14.8 million by 2034.

At what pace will demand for sodium trimetaphosphate rise in the region?

Sales of sodium trimetaphosphate in South Asia & Oceania are projected to increase at 7.5% CAGR from 2024 to 2034.

How fast will sodium trimetaphosphate demand rise in India?

Sodium trimetaphosphate sales in India are forecasted to rise at 9.2% CAGR over the next ten years.

Who are the prime sodium trimetaphosphate suppliers in SAO?

Vizag Chemical, Ennore India Chemicals, Pat Impex, Sree Jayadevi Industries, and Hubei Jusheng Technology are leading manufacturers of sodium trimetaphosphate.

Sodium Trimetaphosphate Industry Analysis in South Asia & Oceania

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