1 Global Trisodium Phosphate (Tsp) Market Size (Value) and CAGR (2024-2033)
In 2024, the global Trisodium Phosphate (Tsp) market was valued at USD 128.8 million, with a CAGR of 3.34% from 2024 to 2033.
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 neutralization 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.
Figure Global Trisodium Phosphate (Tsp) Market Size (M USD) and CAGR 2024-2033
2 Trisodium Phosphate (Tsp) Market Drivers
The global Trisodium Phosphate (TSP) market is driven by several key factors that continue to shape its demand and growth trajectory. One of the primary drivers is the growing demand for food additives. TSP is widely used in the food industry as an acidity regulator, emulsifier, and nutritional enhancer. With the increasing consumption of processed foods globally, especially in emerging economies like China and India, the demand for TSP as a food additive has surged. This trend is further supported by the rising disposable incomes and advancements in food processing technologies, which enable the production of more sophisticated and longer-lasting food products.
Another significant driver is the expanding detergent market. TSP is a powerful cleaning agent used in various industrial and household detergents due to its ability to soften water and remove grease effectively. Despite regulatory challenges in some developed regions, the overall demand for TSP in detergents remains strong, particularly in developing countries where environmental regulations are less stringent. The increasing urbanization and industrialization in these regions have led to higher consumption of cleaning products, thereby driving the TSP market.
The water treatment industry also plays a crucial role in driving TSP demand. TSP is used as a water softener and scale inhibitor in industrial water treatment processes, making it essential for maintaining the efficiency of boilers and cooling systems. As industrial activities expand globally, the need for effective water treatment solutions continues to grow, providing a steady market for TSP.
3 Trisodium Phosphate (Tsp) Market Restraints
Despite its numerous applications, the global Trisodium Phosphate (TSP) market faces several significant restraints that limit its growth potential. One of the primary challenges is environmental regulations. TSP is known for its high phosphorus content, which can lead to environmental issues such as eutrophication when it enters water systems. This has prompted many developed countries, particularly in North America and Europe, to implement strict regulations limiting its use in detergents and other applications. These regulations have significantly reduced the market size for TSP in these regions and are expected to continue affecting its demand in the future.
High levels of phosphorus intake can lead to serious health issues, including kidney damage, soft tissue calcification, and osteoporosis. These health risks have led to increased scrutiny and, in some cases, restrictions on the use of TSP in food products. Consumers are also becoming more aware of the potential health impacts, leading to a preference for alternative products that are perceived as safer.
The availability of substitutes is another factor restraining the TSP market. With growing environmental and health concerns, many industries are seeking alternative chemicals that offer similar benefits without the associated risks. For instance, in the detergent industry, phosphate-free alternatives are becoming increasingly popular. These substitutes are often more environmentally friendly and can be just as effective, making it harder for TSP to maintain its market share.
4 Global Trisodium Phosphate (Tsp) Market Size by Type in 2024
Anhydrous TSP: In 2024, the market value for Anhydrous TSP is estimated at 36.35 million USD. Anhydrous TSP (Na3PO4) is a form of TSP that does not contain water molecules. It is highly concentrated and is often used in applications requiring a higher concentration of phosphate ions. Its primary uses include water treatment, where it acts as a scale inhibitor and water softener, and in the pharmaceutical industry as a buffer or electrolyte replenisher. Anhydrous TSP is also favored in industrial cleaning processes due to its strong alkalinity and ability to remove grease effectively.
Dodecahydrate TSP: The market value for Dodecahydrate TSP in 2024 is projected to be 92.45 million USD. Dodecahydrate TSP (Na3PO4·12H2O) is a hydrated form of TSP, containing twelve molecules of water of crystallization. This form is commonly used in the food industry as an acidity regulator and emulsifier due to its milder alkalinity compared to the anhydrous form. It is also used in detergents and cleaning agents, where its hydrating properties enhance cleaning efficiency. Additionally, Dodecahydrate TSP is used in water treatment processes, particularly in boiler water treatment to prevent scale formation.
Table Global Trisodium Phosphate (Tsp) Market Size by Type in 2024
Type | Market Size (M USD) 2024 |
Anhydrous TSP | 36.35 |
Dodecahydrate TSP | 92.45 |
5 Global Trisodium Phosphate (Tsp) Market Volume (Tons) by Application in 2024
Medicine: The medical sector is projected to consume approximately 20,769 tons of TSP in 2024. TSP is used in pharmaceutical formulations as a laxative, electrolyte replenisher, and pH buffer. Its ability to regulate acidity and provide essential phosphorus makes it valuable in various medications, particularly those targeting gastrointestinal health and electrolyte balance.
Food: The food industry is expected to demand around 45,547 tons of TSP in 2024. TSP is widely used as a food additive to enhance texture, prevent caking, and regulate acidity. It is commonly found in processed cheeses, cereals, and meat products, where it helps improve tenderness and water retention. The growing demand for processed foods, especially in emerging economies, is a key driver for TSP usage in this sector.
Detergent: The detergent industry is anticipated to consume 70,041 tons of TSP in 2024. TSP is a powerful cleaning agent used in industrial and household detergents due to its ability to soften water and remove grease effectively. Despite regulatory challenges in some regions, its effectiveness in cleaning applications ensures continued demand, particularly in developing countries where environmental regulations are less stringent.
Water Treatment: The water treatment sector is projected to use 33,102 tons of TSP in 2024. TSP is utilized as a water softener and scale inhibitor in industrial water treatment processes, helping to maintain the efficiency of boilers and cooling systems. Its ability to prevent scale formation makes it essential in maintaining the longevity and efficiency of water treatment infrastructure.
Table Global Trisodium Phosphate (Tsp) Market Volume (Tons) by Application in 2024
Application | Market Volume (Tons) 2024 |
Medicine | 20769 |
Food | 45547 |
Detergent | 70041 |
Water Treatment | 33102 |
Others | 14667 |
6 Global Trisodium Phosphate (Tsp) Market Demand (Tons) by Region in 2024
North America: North America is projected to demand 36954 tons of TSP in 2024. The region’s mature industrial base and stringent environmental regulations have led to a shift towards more sustainable alternatives in some applications. However, TSP remains essential in certain sectors, particularly in food processing and specialized industrial cleaning processes.
Europe: Europe is expected to consume 18597 tons of TSP in 2024. Similar to North America, Europe faces significant regulatory pressures regarding phosphorus-based products. This has led to a decline in TSP usage in detergents but has maintained demand in food and water treatment applications. The region’s focus on environmental sustainability continues to shape market dynamics.
China: China is anticipated to be the largest consumer of TSP, with a projected demand of 94200 tons in 2024. The country’s rapid industrialization and urbanization drive significant demand for TSP in water treatment, food processing, and industrial cleaning. China’s growing economy and increasing downstream demand make it a key market for TSP, despite regulatory challenges.
Figure Global Trisodium Phosphate (Tsp) Market Demand (Tons) by Region in 2024
7 Major Players in Global Trisodium Phosphate (Tsp) Market
7.1 Liaoning HongJing Industrial Co., Ltd.
Company Profile:
Liaoning HongJing Industrial Co., Ltd. is a prominent player in the TSP market, established in 1998 and headquartered in Huludao City, Liaoning Province, China. The company operates in a diverse range of industries, including finance, commerce, metallurgy, and chemical production. Its products are sold worldwide, leveraging its strong industrial base and advanced production technologies.
Business Overview:
Liaoning HongJing Industrial Co., Ltd. is a conglomerate that integrates multiple business segments, with a significant focus on the chemical industry. The company’s production facilities are equipped with modern technologies, enabling it to produce high-quality TSP products. Its business strategy emphasizes innovation, sustainability, and customer satisfaction, which has helped it maintain a strong market position.
Product Profiles:
The company’s TSP products are widely used in industrial applications such as water treatment, textile processing, and cleaning agents. They are known for their high purity and effectiveness, meeting stringent industry standards. Liaoning HongJing Industrial Co., Ltd. offers both industrial-grade and food-grade TSP, catering to a broad range of customer needs.
Recent Financial Performance:
In the most recent fiscal year, Liaoning HongJing Industrial Co., Ltd. reported a revenue of 19.97 million USD from TSP sales, with a gross margin of 21.66%.
7.2 Sichuan Meishan Chemical
Company Profile:
Founded in 2008, Sichuan Meishan Chemical is a leading chemical producer based in Meishan City, Sichuan Province, China. The company specializes in the production of various chemical products, including TSP, and has built a strong reputation for quality and reliability. Its products are distributed globally, catering to a diverse customer base.
Business Overview:
Sichuan Meishan Chemical focuses on the production of high-quality chemical products, with TSP being one of its key offerings. The company’s business strategy emphasizes continuous improvement in production processes, product quality, and customer service. Its modern production facilities and commitment to innovation have enabled it to stay competitive in the global market.
Product Profiles:
The company’s TSP products are used in a variety of applications, including food processing, detergents, and water treatment. Sichuan Meishan Chemical offers both industrial-grade and food-grade TSP, ensuring that it meets the diverse needs of its customers. Its products are known for their high purity and effectiveness, making them popular in both domestic and international markets.
Recent Financial Performance:
In the most recent fiscal year, Sichuan Meishan Chemical reported a revenue of 11.18 million USD from TSP sales, with a gross margin of 22.94%.
7.3 Zhenhua Industrial
Company Profile:
Established in 1989, Zhenhua Industrial is a well-known chemical producer headquartered in Qingzhou City, Shandong Province, China. The company specializes in the production of various phosphate-based products, including TSP, and has built a strong market presence through its high-quality products and reliable service.
Business Overview:
Zhenhua Industrial operates in the chemical industry, focusing on the production of phosphate-based products. The company’s business strategy emphasizes innovation, quality control, and customer satisfaction. Its modern production facilities and advanced technologies enable it to produce high-quality TSP products that meet international standards.
Product Profiles:
Zhenhua Industrial’s TSP products are used in a wide range of applications, including water treatment, textile processing, and cleaning agents. The company offers both industrial-grade and food-grade TSP, catering to diverse market needs. Its products are known for their high purity and effectiveness, making them popular among customers.
Recent Financial Performance:
In the most recent fiscal year, Zhenhua Industrial reported a revenue of 5.47 million USD from TSP sales, with a gross margin of 26.88%.