Global
Sodium
Hexametaphosphate for Food 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.
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Sodium
Hexametaphosphate for Food 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 Food Additive, Preservatives, Dairy product, Sausage, Seafood
& Meat Processing, and others classify this industry. Sodium
Hexametaphosphate for Food Application Market is segmented geographically into
Americas (North America, Latin America), Europe (Eastern Europe, Western
Europe), Asia Pacific, Latin America, Middle East and Africa.
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| Sodium Hexametaphosphate for Food Application Market |
Globally,
North America accounts for the largest market share of Sodium Hexametaphosphate
for Food 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 the industry in this region.
The
key players of Sodium Hexametaphosphate for Food Application Market are
Jinguang, Aditya Birla Chemicals, Tianyuan, Prayon, Chuandong Chemical,
Innophos, Norwest Chemical, OCL Performance Products, Nandian Chemical,
Mexichem, Jinshi, TKI, Sundia, Recochem, MianyangAostar, Xingfa, KDM, Weifang
Huabo, Blue Sword Chemical, Hens, Tianrun Chemical, Huaxing Chemical, Tianjia,
Sino-Phos, and CHENGXING GROUP.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.
Market Segment:
Geographically, this report is segmented
into several key Regions, with production, consumption, revenue (million USD),
market share and growth rate of Sodium Hexametaphosphate for Food Application
in these regions, from 2012 to 2022 (forecast), covering
•
North America
•
Europe
•
China
•
Japan
•
Southeast Asia
•
India
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