The sodium tripolyphosphate market is operating smoothly, and the food field has relatively large room for development.
Sodium tripolyphosphate, chemical formula is Na5P3O10, looks like white powder, is a kind of polyphosphate, is easily soluble in water, the aqueous solution is alkaline, and will gradually hydrolyze into phosphite in water. According to the purity, sodium tripolyphosphate can be divided into food grade and industrial grade; according to the crystallization state, sodium tripolyphosphate can be divided into type I (high temperature type), type II (low temperature type), type I thermal type. Higher stability and hygroscopicity.
Sodium tripolyphosphate can be used as a food additive in various food production fields such as meat products, dairy products, canned food, candy, etc.; sodium tripolyphosphate can suspend, disperse, peptize, and emulsify fats and oils, and can be used as a surfactant; Phosphite, the hydrolyzate of sodium tripolyphosphate, can well complex calcium, iron, magnesium and other metal ions to form a soluble complex, which can soften industrial water; in the production of chemical and pharmaceutical industries, sodium tripolyphosphate can be used as Dispersant; in addition, sodium tripolyphosphate can also be used as cosolvent, water reducing agent, organic synthesis catalyst, dyeing auxiliary, leather pretanning agent, etc.
In 2020, the global sodium tripolyphosphate market size will be around 15 billion yuan, with China accounting for the largest market share, exceeding 40%. The demand for sodium tripolyphosphate is limited. In recent years, with the improvement of environmental protection requirements, my country’s detergent industry has basically no longer added sodium tripolyphosphate due to the impact of the phosphorus ban. As a result, the market demand for sodium tripolyphosphate has declined, and tripolyphosphate has become the main factor in the food field. Important application markets for sodium. Although the demand for sodium tripolyphosphate in the food field is relatively stable, the overall demand is limited, so there is not much room for growth in the sodium tripolyphosphate market.
According to the “Sodium Tripolyphosphate Industry In-depth Market Research and Investment Strategy Suggestions Report 2021-2025” released by the Industrial Research Center, In 2019, environmental protection supervision became stricter, the operating rate of my country’s sodium tripolyphosphate industry dropped, and the market supply decreased. In the first quarter of 2020, the new crown epidemic broke out, and my country’s sodium tripolyphosphate production was restricted. The superposition of two major factors has led to the high market price of sodium tripolyphosphate in my country in the first five months of 2020. As the epidemic was brought under control, the price of sodium tripolyphosphate in my country fell in June 2020, and the price has been relatively stable since then.
The main sodium tripolyphosphate manufacturers in my country include Yuntianhua Group, Wengfu Group, Tianyuan Group, Xingfa Group, Chengxing Group, etc. Due to the decline in market sentiment, the enthusiasm of my country’s sodium tripolyphosphate enterprises to start operations has declined, and the output has subsequently decreased. In addition, the production cost of professional sodium tripolyphosphate is high, and powerful enterprises have gradually transformed into food-grade products with greater profit margins. Most of the production capacity of weaker enterprises is idle. In addition, the production of by-product sodium tripolyphosphate has increased, and its price has become cheaper, further squeezing the market space of sodium tripolyphosphate companies.
Industry analysts said that my country’s sodium tripolyphosphate market is basically saturated. Although sodium tripolyphosphate is no longer in demand in the detergent field, Demand in food and other fields is relatively stable, so my country’s demand for sodium tripolyphosphate is less likely to continue to decline, but there is not much room for demand growth. From this point of view, my country’s sodium tripolyphosphate market is more likely to operate smoothly in the future.