Global
Sodium Hexametaphosphate for Industrial
Application Market is expected to grow at a significant CAGR in the
upcoming years as the scope and its applications are rising enormously across
the globe. Sodium Hexametaphosphate is abbreviated as SHMP is a phosphate salt
exclusively used as an additive in food production. It is a hexamer of
composition (NaPO3)6 and appears as a white crystalline powder or granules. It
is soluble in water and slightly soluble in alcohol. It consists of a
distribution of polyphosphate chain lengths and its high degree of solubility
sets it apart from other sodium phosphates. It is usually termed as sodium
polymetaphosphate. Under acidic condition forms sodium orthophosphate and
sodium trimetaphosphate.

Sodium
Hexametaphosphate for Industrial Application Market is segmented based on
product types, applications, and region. Product types such as General Sodium
Hexametaphosphate and High Purity Sodium Hexametaphosphate classify the market.
Applications into Industrial Cleaner, water Treatment, Paper Industry, and
others classify this industry. Sodium Hexametaphosphate for Industrial
Application Industry is segmented geographically into Americas (North America,
Latin America), Europe (Eastern Europe, Western Europe), Asia Pacific, Latin
America, Middle East and Africa.
Globally,
North America accounts for the largest market share of Sodium Hexametaphosphate
for Industrial Application Market and is estimated to lead the overall market
in the upcoming years. The reason being, the presence of key manufacturers in
the region and high demand from customers. Europe and Asia Pacific follow suit.
On the other hand, Asia Pacific is estimated to grow at fastest pace in the
years to come. The developing countries like, China and India are the major
consumers of Sodium Hexametaphosphate for Industrial Application Market in this
region.
The
key players of Sodium Hexametaphosphate for Industrial Application Market are
Huaxing Chemical, Aditya Birla Chemicals, Nandian Chemical, Prayon, Weifang
Huabo, Innophos, Norwest Chemical, ICL Performance Products, Jinshi, Mexichem,
Sino-Phos, TKI, MianyangAostar, Recochem, Sundia, Xingfa Group, Blue Sword
Chemical, Chengxing Group, and Chuandong Chemical. These players are concentrating
on inorganic growth to sustain themselves amongst fierce competition. As such,
mergers, acquisitions, and joint ventures are the need of the hour.
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