
Trisodium Phosphate Market Size Analysis Report - Market Share, Forecast Trends and Outlook (2025-2034)
Description
The global trisodium phosphate market is being aided by the market growth of sodium phosphate. The global sodium phosphate market is expected to grow at a CAGR of 5.00% in the forecast period of 2025-2034 to reach a value of approximately USD 900.24 Million by 2034.
The Asia Pacific to Create New Growth Opportunities for the Expansion of the Trisodium Phosphate Industry
The Asia Pacific is expected to provide enhanced opportunities for the growth of the trisodium phosphate industry in the forecast period. The growing urbanisation and industrialisation and the rising demand for processed food products in developing countries, particularly India and China, are driving the industry growth in the Asia Pacific. On the other hand, North America and Europe are witnessing reduced utilisation of trisodium phosphate for detergent applications. This can be attributed to the growing environmental concern and the implementation of stringent government regulations, leading to a shift in market dynamics and a rise in demand for food grade trisodium phosphate in the regions.
Trisodium Phosphate: Market Segmentation
Trisodium phosphate, often abbreviated as TSP, is an inorganic compound represented by the formula Na3PO4. In appearance, it is a white granular or crystalline solid. It readily dissolves in water to create an alkaline solution. It can be obtained via the neutralisation of phosphoric acid with sodium carbonate, leading to the formation of disodium hydrogen phosphate, which is further reacted with sodium hydroxide to produce trisodium phosphate. It has various applications, ranging from cleaning agent to food additive and degreaser.
Based on grade, the market is bifurcated into:
The thriving food industry and the increasing consumption of processed food products are driving the demand for food additives, which, in turn, is contributing to the growth of the trisodium phosphate industry. Within the food industry, trisodium phosphate is mainly utilised for processed cheese products and cereals. The market is being supported by the escalating disposable incomes and the advancements in the food processing sector. Further, the growing demand for detergents and industrial cleaners are also contributing to the industry growth. However, the use of trisodium phosphate is likely to decline in developed regions owing to the stringent environmental regulations. Although, the regions where there are no regulations on its usage will significantly drive the demand for the product in applications like detergents and cleaning products.
Key Industry Players in the Global Trisodium Phosphate Market
The report gives a detailed analysis of the following key players in the global trisodium phosphate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The Asia Pacific to Create New Growth Opportunities for the Expansion of the Trisodium Phosphate Industry
The Asia Pacific is expected to provide enhanced opportunities for the growth of the trisodium phosphate industry in the forecast period. The growing urbanisation and industrialisation and the rising demand for processed food products in developing countries, particularly India and China, are driving the industry growth in the Asia Pacific. On the other hand, North America and Europe are witnessing reduced utilisation of trisodium phosphate for detergent applications. This can be attributed to the growing environmental concern and the implementation of stringent government regulations, leading to a shift in market dynamics and a rise in demand for food grade trisodium phosphate in the regions.
Trisodium Phosphate: Market Segmentation
Trisodium phosphate, often abbreviated as TSP, is an inorganic compound represented by the formula Na3PO4. In appearance, it is a white granular or crystalline solid. It readily dissolves in water to create an alkaline solution. It can be obtained via the neutralisation of phosphoric acid with sodium carbonate, leading to the formation of disodium hydrogen phosphate, which is further reacted with sodium hydroxide to produce trisodium phosphate. It has various applications, ranging from cleaning agent to food additive and degreaser.
Based on grade, the market is bifurcated into:
- Food
- Technical
- Food Additive
- Detergents and Cleaners
- Metal Treatment
- Water Softener
- Others
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
The thriving food industry and the increasing consumption of processed food products are driving the demand for food additives, which, in turn, is contributing to the growth of the trisodium phosphate industry. Within the food industry, trisodium phosphate is mainly utilised for processed cheese products and cereals. The market is being supported by the escalating disposable incomes and the advancements in the food processing sector. Further, the growing demand for detergents and industrial cleaners are also contributing to the industry growth. However, the use of trisodium phosphate is likely to decline in developed regions owing to the stringent environmental regulations. Although, the regions where there are no regulations on its usage will significantly drive the demand for the product in applications like detergents and cleaning products.
Key Industry Players in the Global Trisodium Phosphate Market
The report gives a detailed analysis of the following key players in the global trisodium phosphate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Recochem Inc.
- Jiangsu Kolod Food Ingredients Co., Ltd.
- FBC Industries, Inc.
- Aarti Phosphates
- Hefei TNJ Chemical Industry Co.,Ltd.
- Others
Table of Contents
180 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Trisodium Phosphate Market Analysis
- 5.1 Key Industry Highlights
- 5.2 Global Trisodium Phosphate Historical Market (2018-2024)
- 5.3 Global Trisodium Phosphate Market Forecast (2025-2034)
- 5.4 Global Trisodium Phosphate Market by Grade
- 5.4.1 Food
- 5.4.1.1 Historical Trend (2018-2024)
- 5.4.1.2 Forecast Trend (2025-2034)
- 5.4.2 Technical
- 5.4.2.1 Historical Trend (2018-2024)
- 5.4.2.2 Forecast Trend (2025-2034)
- 5.5 Global Trisodium Phosphate Market by Application
- 5.5.1 Food Additive
- 5.5.1.1 Historical Trend (2018-2024)
- 5.5.1.2 Forecast Trend (2025-2034)
- 5.5.2 Detergents and Cleaners
- 5.5.2.1 Historical Trend (2018-2024)
- 5.5.2.2 Forecast Trend (2025-2034)
- 5.5.3 Metal Treatment
- 5.5.3.1 Historical Trend (2018-2024)
- 5.5.3.2 Forecast Trend (2025-2034)
- 5.5.4 Water Softener
- 5.5.4.1 Historical Trend (2018-2024)
- 5.5.4.2 Forecast Trend (2025-2034)
- 5.5.5 Others
- 5.6 Global Trisodium Phosphate Market by Region
- 5.6.1 North America
- 5.6.1.1 Historical Trend (2018-2024)
- 5.6.1.2 Forecast Trend (2025-2034)
- 5.6.2 Europe
- 5.6.2.1 Historical Trend (2018-2024)
- 5.6.2.2 Forecast Trend (2025-2034)
- 5.6.3 Asia Pacific
- 5.6.3.1 Historical Trend (2018-2024)
- 5.6.3.2 Forecast Trend (2025-2034)
- 5.6.4 Latin America
- 5.6.4.1 Historical Trend (2018-2024)
- 5.6.4.2 Forecast Trend (2025-2034)
- 5.6.5 Middle East and Africa
- 5.6.5.1 Historical Trend (2018-2024)
- 5.6.5.2 Forecast Trend (2025-2034)
- 6 North America Trisodium Phosphate Market Analysis
- 6.1 United States of America
- 6.1.1 Historical Trend (2018-2024)
- 6.1.2 Forecast Trend (2025-2034)
- 6.2 Canada
- 6.2.1 Historical Trend (2018-2024)
- 6.2.2 Forecast Trend (2025-2034)
- 7 Europe Trisodium Phosphate Market Analysis
- 7.1 United Kingdom
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Germany
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 France
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Italy
- 7.4.1 Historical Trend (2018-2024)
- 7.4.2 Forecast Trend (2025-2034)
- 7.5 Others
- 8 Asia Pacific Trisodium Phosphate Market Analysis
- 8.1 China
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Japan
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 India
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 8.4 ASEAN
- 8.4.1 Historical Trend (2018-2024)
- 8.4.2 Forecast Trend (2025-2034)
- 8.5 Australia
- 8.5.1 Historical Trend (2018-2024)
- 8.5.2 Forecast Trend (2025-2034)
- 8.6 Others
- 9 Latin America Trisodium Phosphate Market Analysis
- 9.1 Brazil
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Argentina
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Mexico
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 9.4 Others
- 10 Middle East and Africa Trisodium Phosphate Market Analysis
- 10.1 Saudi Arabia
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 United Arab Emirates
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Nigeria
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 South Africa
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 10.5 Others
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyer’s Power
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators for Demand
- 11.4 Key Indicators for Price
- 12 Value Chain Analysis
- 13 Competitive Landscape
- 13.1 Supplier Selection
- 13.2 Key Global Players
- 13.3 Key Regional Players
- 13.4 Key Player Strategies
- 13.5 Company Profiles
- 13.5.1 Recochem Inc.
- 13.5.1.1 Company Overview
- 13.5.1.2 Product Portfolio
- 13.5.1.3 Demographic Reach and Achievements
- 13.5.1.4 Certifications
- 13.5.2 Jiangsu Kolod Food Ingredients Co., Ltd.
- 13.5.2.1 Company Overview
- 13.5.2.2 Product Portfolio
- 13.5.2.3 Demographic Reach and Achievements
- 13.5.2.4 Certifications
- 13.5.3 FBC Industries, Inc.
- 13.5.3.1 Company Overview
- 13.5.3.2 Product Portfolio
- 13.5.3.3 Demographic Reach and Achievements
- 13.5.3.4 Certifications
- 13.5.4 Aarti Phosphates
- 13.5.4.1 Company Overview
- 13.5.4.2 Product Portfolio
- 13.5.4.3 Demographic Reach and Achievements
- 13.5.4.4 Certifications
- 13.5.5 Hefei TNJ Chemical Industry Co.,Ltd.
- 13.5.5.1 Company Overview
- 13.5.5.2 Product Portfolio
- 13.5.5.3 Demographic Reach and Achievements
- 13.5.5.4 Certifications
- 13.5.6 Others
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.