The Global Sodium Hexametaphosphate Market Is Estimated To Surpass US 1,501.17 Million By The End Of 2028 In Terms Of Revenue, Exhibiting A CAGR Of 4.0% During The Forecast Period (2022 To 2030).

Sodium Hexametaphosphate (SHMP) Market Overview:

Sodium Hexametaphosphate is a mixture of polymeric metaphosphates available in granular, glassy or powder form. Sodium hexametaphosphate has a diverse portfolio of applications based on two different grades, technical and food grade. In technical grades, it is widely used as a deflocculating agent in water treatment plants, metallurgy and building materials industry and petroleum industry. As a food grade chemical, sodium hexametaphosphate is used in the food and beverage industry as a sequestering agent and preservative adjuvant in dairy products, beverages and other food items.

Sodium Hexametaphosphate (SHMP) market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Sodium Hexametaphosphate (SHMP) market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Major Market Segments Covered in Sodium Hexametaphosphate (SHMP) Industry Research:

Market Key Players:
Kraft Chemical Company, Inc., Aditya Birla Chemicals, Mexichem, Prayon S.A., Innophos, Chongqing Chuandong Chemical (Group) Co.,Ltd, Israel Chemicals Limited (ICL), Yixing Tianyuan Chemical Co., Ltd., Recochem Inc., Hubei xingfa chemicals group co., LTD, Weifang Huabo Chemical Co., Ltd., Xuzhou Tianjia Food Chemical Co., Ltd, and Guizhou Sino-Phos Chemical Co., LTD.,

By Type:

• Food Grade
• Technical Grade

By Form

• Granular or Flaky
• Glass Plates
• Powder

By Application:

• Food and Beverages
• Water Treatment
• Industrial and Institutional Cleaners
• Industrial Applications
• Others

By Region:

Asia Pacific is expected to account for a significant portion of the global sodium hexametaphosphate market in terms of revenue during the forecast period. This may be attributed to the increased demand for sodium hexametaphosphate in food and beverage and water treatment industries in Asia Pacific countries. Additionally, rapid growth in the petroleum and chemical industry in the region is expected to drive the sodium hexametaphosphate market in Asia Pacific from 2019 to 2027.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
  • Denmark
  • Finland
  • Iceland
  • Sweden
  • Norway
  • Belgium
  • The Netherlands
  • Luxembourg
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Benelux Union
• Rest of Europe
• Asia-Pacific
  • Indonesia
  • Thailand
  • Malaysia
  • Singapore
  • Rest of Southeast Asia
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Significant Market Dynamics:

Drivers

One of the major factors expected to boost the market growth during the forecast period is the multiple applications of sodium hexametaphosphate in water treatment. Sodium hexametaphosphate is one of the most widely used water treatment agents and is required for industrial water, domestic water and wastewater treatment. Soluble in water, aqueous solution is alkaline, pH value of 1% aqueous solution is 9.7. It can be progressively hydrolyzed to phosphate in water with excellent ability to complex metal ions, capable of complexing with calcium, magnesium, iron and other metal ions to form soluble complexes. It is used in many other fields such as water treatment, food processing, mining, drilling, printing and dyeing, and refractory industries.

Sodium hexametaphosphate is used in water treatment for a variety of applications, including dye production, titanium dioxide production, printing and dyeing water, color film copy cleaning water, chemical industrial water, water softeners for pharmaceutical and reagent production, and industrial water treatment agents. circulating coolant.

Market Restraints

Food-grade sodium hexametaphosphate is suppressed due to the harmful side effects it can cause to the human body when ingested in high concentrations. High consumption of sodium hexametaphosphate has been reported to cause pancreatic cancer and kidney problems, which may discourage consumers from purchasing foods with added sodium hexametaphosphate. Other polymeric phosphates with similar chemical properties and that could be utilized as an alternative to sodium hexametaphosphate are not available due to the technical grade sodium hexametaphosphate market. Excessive use of cosmetics containing sodium hexametaphosphate can cause various skin-related diseases such as skin irritation, rash, and skin cancer, which is a factor in suppressing sodium hexametaphosphate in the cosmetics industry.

Sodium Hexametaphosphate (SHMP) Market report scope:

Report Attributes	Details
Growth Rate	CAGR of 4.0% from 2022 to 2030.
By Type	Food Grade, Technical Grade
By Application	Food and Beverages, Water Treatment, Industrial and Institutional Cleaners, Industrial Applications, Others
By Companies	Kraft Chemical Company, Inc., Aditya Birla Chemicals, Mexichem, Prayon S.A., Innophos, Chongqing Chuandong Chemical (Group) Co.,Ltd, Israel Chemicals Limited (ICL), Yixing Tianyuan Chemical Co., Ltd., Recochem Inc., Hubei xingfa chemicals group co., LTD, Weifang Huabo Chemical Co., Ltd., Xuzhou Tianjia Food Chemical Co., Ltd, and Guizhou Sino-Phos Chemical Co., LTD.,
Regions and Countries Covered	North America: (US, Canada, Mexico, Rest of North America) Europe(Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe) Asia-Pacific (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific) The Middle East & Africa(Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa) Latin America(Brazil, Argentina, Rest of Latin America) Rest Of the World
Base Year	2022
Historical Year	2017 to 2022
Forecast Year	2023 to 2030

Key Takeaways from this Sodium Hexametaphosphate (SHMP) Report

• Estimate Sodium Hexametaphosphate (SHMP) market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
• Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
• Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
• Get a quick viewpoint on the Sodium Hexametaphosphate (SHMP) market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
• Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
• Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Study the sales and distribution channels over key geographies to improve top-line revenues.

Frequently Asked Questions-

What is the CAGR of Sodium Hexametaphosphate (SHMP) market?

The Sodium Hexametaphosphate (SHMP) Market is growing at a CAGR of 4.0% During Forecast Period.

What are the key types of Sodium Hexametaphosphate (SHMP) market?

Food Grade, Technical Grade

What are the key applications of Sodium Hexametaphosphate (SHMP) market?

Food and Beverages, Water Treatment, Industrial and Institutional Cleaners, Industrial Applications, Others

Who are the key players in Sodium Hexametaphosphate (SHMP) market?

Kraft Chemical Company, Inc., Aditya Birla Chemicals, Mexichem, Prayon S.A., Innophos, Chongqing Chuandong Chemical (Group) Co.,Ltd, Israel Chemicals Limited (ICL), Yixing Tianyuan Chemical Co., Ltd., Recochem Inc., Hubei xingfa chemicals group co., LTD, Weifang Huabo Chemical Co., Ltd., Xuzhou Tianjia Food Chemical Co., Ltd, and Guizhou Sino-Phos Chemical Co., LTD.,