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.
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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.
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| Sodium Hexametaphosphate for Industrial Application Market |
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.
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 Industrial
Application in these regions, from 2012 to 2022 (forecast), covering
•
North America
•
Europe
•
China
•
Japan
•
Southeast Asia
•
India
On the basis of product, this report
displays the production, revenue, price, market share and growth rate of each
type, primarily split into
•
High Purity Sodium Hexametaphosphate
•
Gerneral Sodium Hexametaphosphate
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