Sodium Tripolyphosphate Market Research Report- Forecast to 2023Posted by Avinash on December 5th, 2017 Market Research Future (MRFR) recognizes the following companies as the key players in the Global Sodium Tripolyphosphate Market: Innophos Holding Inc., Tata Chemicals Ltd., ICL Performance Ltd., Aditya Birla Chemicals, Sumitomo Chemicals Co. Ltd, Merck group, Hubei Xingfa Chemicals Group, Prayon S.A., Haifa Group, and TongVo Chemicals Limited Market Highlights: Furthermore, restraining factors have greater impact in this market over drivers which has led to slow growth of this market. Some of the factors which negatively impact the market growth are stringent government regulations on the excess use of STPP in detergents, strong competition given by zeolite, and availability of reasonable substitute in various applications. Specifically, European Union has regulated policies to limit use of STPP in detergents to eliminate pollution causing effect, due to which Europe was the highly affected region in terms of regional growth. Segment Analysis: Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/2319 Furthermore, on the basis of end use industries market has been segmented into household cleaning, food & beverages, industrial, agriculture, textile, pharmaceuticals, cosmetics, and others. Household cleaning industry held major share and emerged as global leader in Sodium Tripolyphosphate Market as of 2016. It is the major revenue generating segment as well and has generated overall revenue of USD 627.2 million growing at a CAGR of 1.24%. Trend for dishwashing in household application has gained traction, wherein, STPP has been used emergingly and it is anticipated to continue over the review period. Owing to growing dishwashing, cleaning and clothing applications household industry anticipated to continue its dominance over the forecast period. On the other hand, food & beverages is a dynamic end use in.dustry for STPP for the purpose of food preservation and emulasification. The industry has been extevsively using STPP over the past five years to preserve food and beverage, which has led this industry to grow at the highest estimated CAGR of 1.62%. Regional Analysis: Key Points from Table of Contents: 1 Executive Summary 2 Scope of the Report 3 Market Research Methodology 4 Market Landscape 5 Industry Overview of Global Sodium Tripolyphosphate Market 6 Market Trends 7 Global Sodium Tripolyphosphate Market by Application 8 Global Sodium Tripolyphosphate Market by End Use 9 Global Sodium Tripolyphosphate Market by Region 10 Company Landscape 11 Company Profiles 11.1 Innophos Holding Inc 11.2 Tata Chemicals Ltd 11.3 ICL Performance Ltd 11.4 Aditya Birla Chemicals 12 Conclusion Make an Enquiry before buying @ https://www.marketresearchfuture.com/enquiry/2319 Like it? Share it!More by this author |