According to a market report by Lucintel, the future of the global trisodium phosphate market looks promising with opportunities in the detergent, food additive, and water treatment markets. The global trisodium phosphate market is expected to grow with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are increasing demand from the food and beverage industry for food additives & preservatives, growing applications in industrial cleaning and surface treatment processes, and rising awareness of the importance of personal hygiene.
A more
than 150-page report to understand trends, opportunity and forecast in global trisodium
phosphate market to 2030 by sales channel (direct sale and indirect sale), end
use (detergents, food additives, water treatment, and others), and region
(North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, within the sales channel category, direct sale is expected to
witness a higher growth over the forecast period.
Within the
end use category, detergent will remain the largest segment.
Download
sample by clicking on trisodium
phosphate market.
In terms
of regions, APAC will remain the largest region over the forecast period due to
rising demand of food additives in this region.
Societe
Chimique ALKIMIA, PhosAgro Groups, Guizhou SINO-PHOS Chemical, Yunnan
Tianchuang Technologies, Chongqing Chuandong Chemical, Aditya Birla Group,
Xingfa Chemical Group are the major suppliers in the trisodium phosphate market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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