The global sodium trimetaphosphate market size is anticipated to register a significant CAGR of over 3% during the forecast period 2021 to 2027 and expected to reach USD 45 million by 2025. The increasing demand for modified starch is a primary factor to drive the market growth. Furthermore, the use of sodium trimetaphosphate as water softener in detergents and as cleaning agent in various applications such as textiles, metal treatment, and water treatment are some other factors to propel the market growth.
On the basis of grade, the market is further segmented into food grade and industrial grade. The food-grade segment is accounted to hold a major share of the market and projected to grow at the same trend over the forecast period. By application, the sodium trimetsphosphate market is segmented into food processing, water treatment, pharmaceutical industry, starch modification, and others. The starch modification segment held the largest market share by revenue and expected to maintain its dominance over the forecast period.
The report titled “Sodium Trimetaphosphate Market – Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast – 2020 – 2027” offers a holistic view of the Sodium Trimetaphosphate industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global Sodium Trimetaphosphate market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
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The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
Sodium Trimetaphosphate Market report summarizes the positive growth rate in upcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years. The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market.
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The Sodium Trimetaphosphate Market Segmentation:
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