Sodium Phosphate Monobasic Market
The market for Sodium Phosphate Monobasic was estimated at $708 million in 2024; it is anticipated to increase to $1.09 billion by 2030, with projections indicating growth to around $1.55 billion by 2035.
Global Sodium Phosphate Monobasic Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Sodium Phosphate Monobasic industry revenue is expected to be around $760.1 million in 2025 and expected to showcase growth with 7.4% CAGR between 2025 and 2034. The Sodium Phosphate Monobasic market shows strong growth because of its expanding importance in different industries. The market demand for Sodium Phosphate Monobasic grows because it functions as a fundamental component in numerous applications while the pharmaceutical industry expands and the food industry grows and water treatment needs increase. Sodium Phosphate Monobasic remains relevant because it supports the creation of new technologies and the ongoing progress in chemical synthesis methods.
Sodium Phosphate Monobasic exists as a white crystalline powder which dissolves easily in water. The compound functions as a pH regulator in multiple sectors including food processing and pharmaceuticals and water treatment operations. The food industry employs this substance as a leavening agent yet pharmaceutical applications use it to create buffer solutions.
Market Key Insights
- The Sodium Phosphate Monobasic market is projected to grow from $707.7 million in 2024 to $1.45 billion in 2034. This represents a CAGR of 7.4%, reflecting rising demand across Laboratory Reagent, Food Industry and Pharmaceutical Industry.
- Merck KGaA, Thermo Fisher Scientific Inc., Avantor Inc. are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Sodium Phosphate Monobasic market and are expected to observe the growth CAGR of 4.8% to 7.1% between 2024 and 2030.
- Emerging markets including Brazil, South Africa and Indonesia are expected to observe highest growth with CAGR ranging between 8.5% to 10.2%.
- Transition like Shift Towards Eco friendly Production is expected to add $42 million to the Sodium Phosphate Monobasic market growth by 2030.
- The Sodium Phosphate Monobasic market is set to add $737 million between 2024 and 2034, with manufacturer targeting Food & Beverage & Agriculture End-Users projected to gain a larger market share.
- With Rising demand in food industry, and Increased use in water treatment, Sodium Phosphate Monobasic market to expand 104% between 2024 and 2034.