Global Sodium Tripolyphosphate Market - Stringent Environmental Regulations to Boost Growth Through 2022| Technavio

Technavio has published a new market research report on the global sodium tripolyphosphate market from 2018-2022. (Photo: Business Wire)

LONDON--()--Technavio projects the global sodium tripolyphosphate (STTP) market to post a CAGR of close to 2% during the forecast period. The stringent environmental regulations to emerge as a significant factor that will impact growth during 2018-2022.

Several governments and municipal authorities mandate the treatment of wastewater, drinking water, and industrial water. Water scarcity, rapid industrialization, urbanization, and growing population fuel the demand for clean water. Stringent regulations formulated by governments accelerate the consumption of STTP in end-user segments.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

Save more with Technavio. Buy 2 reports and get the third for FREE: View all Technavio’s current offers

In this report, Technavio highlights the increasing use of STTP in personal care products and cosmetics as one of the key emerging trends to drive the global sodium tripolyphosphate market:

Increasing use of STTP in personal care products and cosmetics

STTP is widely used in personal care applications such as cosmetics. It is used as a chelating agent and pH adjuster in bath products, colognes, dentifrices, mouthwashes and other skincare products. The growing personal care products market will positively impact the global STTP market.

According to a senior analyst at Technavio for specialty chemicals research, “In skin care products STPP is used as an emulsifier to stabilize the oil droplets or water in lotions and creams. In cosmetics, STPP is used for dispersing color pigments. The growth of the cosmetics and skincare products market will lead to an increase in demand for STPP over the forecast period.”

Looking for more information on this market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Market segmentation and analysis through 2022

This market research report segments the global sodium tripolyphosphate market by end-users (detergents and cleaning products, food and beverages, water treatment and others) and key regions (North America, APAC, and Europe and ROW).

In 2017, the global sodium tripolyphosphate market was dominated by APAC with a revenue share of close to 43% followed by North America, Europe, and ROW respectively. The market share of APAC will witness a small increase over the forecast period while all the other regions will see a marginal decline in their market shares.

 

Save big with Technavio this May!

Find out what companies are venturing in to beat the heat this summer! Technavio indulges you with a massive 20% OFF on all

non-alcoholic beverages reports for the entire month.

OR

Technavio honors the achievements and efforts of Motherhood this Mother's Day by offering a whopping 30% OFF on all cosmetics and toiletry reports. Offer valid from 7th May for a limited period.

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

Release Summary

Technavio projects the global sodium tripolyphosphate (STTP) market to post a CAGR of close to 2% during the forecast period, 2018-2022.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com