Rockville, Oct. 18, 2022 (GLOBE NEWSWIRE) — According to Fact.MR, a market research and competitive intelligence provider, the global sodium trimetaphosphate market is estimated at US$ 38.9 million in 2022 and is expected to expand at a CAGR of 5.4% during the forecast years of 2022-2032.
Modified starch possesses numerous functional properties that are suitable for a wide range of industrial applications. As a result of its ability to bulk up after absorbing water, it renders the essential mouthful feel to the food products in which it is used. This makes it an excellent substitute for fat.
Besides this, modified stars are also used as a thickener or a gelling agent in food products. Nowadays, the texture of any food product plays a vital role in consumer preference. Sodium trimetaphosphate is used as a crosslinking agent in the esterification of starch.
Want A Detailed Understanding of Market Functiong? Request for a Sample Here – https://www.factmr.com/connectus/sample?flag=S&rep_id=2936
In cross-linking, stronger and more permanent covalent bonds are used to replace intra- and inter-hydrogen bonds in starch chains. A starch is slurried in a solution of a reagent at pH 5.0 – 8.5 to cross-link it with STMP.
After that, the starch is dried and the suspension is filtered. It has been noted that using STMP improves and more evenly distributes cross-links throughout the granule. Modified starch demand is rising as a result of consumers’ growing desire for convenience and processed foods. This, in turn, is driving the market’s demand for STMP.
Key Takeaways from Market Study
- The global STMP market is projected to expand at an impressive CAGR of 5.4% and be valued at US$65.8 million by 2032
- North America dominated the market with a 32.4% market share in 2022
- China is expected to reach a valuation of US$ 7.4 million by the end of 2022
- Application in starch modification is likely to represent 69.1% market share in 2022
“Sodium Trimetaphosphate as a Crosslinking Agent in the Esterification of Starch, Projects Immense Growth Opportunities,” says a Fact.MR analyst.
How is STMP Observing Growing Sales in Water Treatment Services?
Despite the fact that water covers 70% of our world, it is still a finite resource. Only 3% of it is freshwater, which can be drunk and is utilised on a daily basis for activities like bathing and watering plants.
Additionally, two-thirds of this 3% of water is inaccessible or frozen glaciers. Numerous regional water systems that support thriving ecosystems and provide the general public with drinking water have recently begun to exhibit signs of stress.
Lakes, rivers, and aquifers are no longer usable due to drying up or contamination. Due to current consumption patterns, two-thirds of the world’s population is anticipated to encounter water shortages by 2025.
Need an Exclusive Report for Your Unique Requirement, Enquiry Now! – https://www.factmr.com/connectus/sample?flag=EB&rep_id=2936
Segmentation of Sodium Trimetaphosphate Industry Research
- By Application:
- Food Processing
- Water Treatment
- Pharmaceutical Industry
- Starch Modification
- By Region:
- North America
- Latin America
- East Asia
- South Asia & Oceania
Companies such as ICL, Huaxing, and others, are constantly looking for channelling appropriate grades for customers and constantly focusing on evolving applications in the market. Key manufacturers and new players are focused to expand and grow in international markets, including Latin America and South East Asia by identifying demand patterns in the region.
Strong relationships with consumers such as modified starch manufacturers, water treatment industries, the food processing industry, and the building and construction industry are set to reinforce the sales of the firm over the long-term forecast period.
Key Companies Profiled
- Hubei Xingfa Chemical Group Co., Ltd. Ltd
- Norwest Chemicals
- Reephos Chemical Co., Ltd
Choose Quick and Secure PayPal Payment Mode to Get Full Access of This Report– https://www.factmr.com/checkout/2936
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global STMP market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.
The study reveals essential insights on the basis of grade (food, technical, and industrial), application (food processing, water treatment, pharmaceutical industry, starch modification, and others), across major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).
Check out more related studies published by Fact.MR Research:
Sodium ethyl p-hydroxybenzoate Market: Sodium ethyl p-hydroxybenzoate also known as p-hydroxybenzoic acid ethyl ester sodium salt. It is mainly used as a chemical additive in several applications in industries such as food & beverages and pharmaceuticals, among others. Sodium ethyl p-hydroxybenzoate is available in the form of granules, solid, and liquid.
Sodium Sulphite Market: The global sodium sulphite market has witnessed a slow CAGR of 1.1% over the past half-decade. During these years, a major portion of sodium sulphite sales were concentrated in the paper & pulp industry, with a market share of up to 35%, owing to its utilization as a dissolving agent in the semi-chemical & acid sulphite pulping process.
Sodium Chlorate Market: The global sodium chlorate market size has witnessed a moderate growth rate at a CAGR of 4.1% over the past half-decade. However, the ongoing COVID-19 outbreak, especially in South Asia & Oceania and North America has impacted chemical manufacturing across regions.
Sodium methylparaben Market: Sodium methylparaben, also known as the sodium salt of methylparaben, is a preservative used by the pharmaceutical, food & beverage, and cosmetics & personal care industries. Sodium methylparaben is generally found in fruits, such as blueberries, where it performs the antimicrobial activity.
Sodium Percarbonate Market: Sodium percarbonate market value is estimated to reach US$ 581 Mn by the end of 2021, as per Fact.MR analysis. As such, sodium percarbonate consumption will account for 3% of the total bleaching chemicals market.
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
US Sales Office:
11140 Rockville Pike
Rockville, MD 20852
Tel: +1 (628) 251-1583