Supply of sodium trimetaphosphate comes mostly from China, with more than 60% of the production cluster positioned in the country, favouring factors of economies of agglomeration. Increasing manufacturing of modified starch in the region is set to bolster demand for sodium trimetaphosphate, reveals Fact.MR, in a recently published report on the global sodium trimetaphosphate market.
Key consumers of sodium trimetaphosphate have positioned themselves in China, and have been expanding their production facilities over 2015-2019. For instance, key modified starch manufacturer Ingredion has positioned itself in China to gain benefits from economies of density, coupled with lower cost of production. Also, demand for food grade sodium trimetaphosphate will outweigh that of technical and industrial grade by more than 8:2 over the coming years.
As per the report, the global sodium trimetaphosphate market is anticipated to progress at a steady 5% CAGR through 2030.
What are the Key Barriers for Sodium Trimetaphosphate Manufacturers?
Analyzing the overall supply chain, the demand bubble of sodium trimetaphopshate leads us to the starch modification application. Extensive concentration of sodium trimetaphosphate demand in starch modification enhances the overall risk of the sodium trimetaphosphate market. Fluctuations in overall demand for modified starch are set to cascade the effect to sodium trimetaphosphate demand, as such, affecting overall market stance over the long-term forecast period.
Apart from demand risk, there are risks associated with dynamic shift in policies over utilization of sodium trimetaphosphate in detergents and cosmetic applications. Europe and the U.S. have effectively enacted a ban over the utilization of phosphates in manufacturing detergents, which is set to affect overall demand for sodium trimetaphosphate in these regions.
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Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
- Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)
The Report Covers Exhaustive Analysis On:
- Market Segments
- Market Dynamics
- Market Size & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
The Sodium Trimetaphosphate Market report answers the following queries:
- What is the largest share held by key players in the market?
- What strategies have proven most advantageous in the Sodium Trimetaphosphate Market?
- Which region promises largest opportunity for new investors during the forecast period 2022 to 2031?
- What factors will most likely present challenges to growth during the forecast period?
- What will be the value of total revenues, and at what CAGR will the growth compound during the forecast period 2022 to 2031?
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