Dublin, June 17, 2022 (GLOBE NEWSWIRE) -- The "Sodium Hexametaphosphate Market, by Grade, by Form by Application and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028" report has been added to ResearchAndMarkets.com's offering.
Sodium Hexametaphosphate (SHMP) is a solid, translucent material. This glossy phosphate is widely used as an input in the manufacturing of many industrial and consumer products. Sodium hexametaphosphate is manufactured and marketed in technical and food grade. The high degree of solubility of sodium hexametaphosphate separates it from other sodium phosphates. Additionally, sodium hexametaphosphate is a mixture of polymeric metaphosphates that are available in granular or Flaky, Glass Pallets and powdered forms in the marketplace.
For instance, according to the US Food & Drug Administration (FDA), Sodium Hexametaphosphate is safe to use as per good manufacturing practices. Sodium Hexametaphosphate used in Food, Beverage, Pharmaceutical, Health & Personal care products, Agriculture/Animal Feed/Poultry. Sodium Hexametaphosphate (SHMP) is used as a chelating agent, leavening agent, and as a acidity regulating agent.
The use of Sodium Hexametaphosphate (SHMP) such as in meat products, fruits drinks, soft drinks, dairy products, cheese's, and canned fruits and vegetables. Sodium Hexametaphosphate is used in food such as in artificial maple syrup, canned milk, cheese powders and dips, imitation cheese, whipped topping, packaged egg whites, roast beef, fish fillets, fruit jelly, frozen desserts, salad dressing, herring, breakfast cereal, ice cream. Sodium Hexametaphosphate is used as cleansing agent in beverage such as beer and bottled beverages.
Sodium hexametaphosphate is used in the water treatment industry. The global awareness for eco-friendly industrial processes and sustainable development is rising which has sufficiently resulted in a much needed rise in establishment of water treatment plants to prevent the global threats of water scarcity in coming years and provide safe and clean water to consumers. Sodium hexametaphosphate can very efficiently sequestrate alkali metals and can also help in red and black water control. This is driving a huge demand for the chemical sodium hexametaphosphate in water treatment plants and consequently leading to the growth of sodium hexametaphosphate market.
The changing lifestyle of people have given rise to a drastic shift in terms of consumption of confectionery and easily accessible functional foods. In order to address this shift, manufacturers are offering food and beverage products with long shelf life as well as high nutritional value. Also, the food industry requires ingredients that can act as an emulsifier, thickener, or texturizer. This factor is estimated to drive the global market for sodium hexametaphosphate during the forecast period.
Key features of the study:
- This report provides in-depth analysis of sodium hexametaphosphate market, and provides market size (US$ Million and Tons) and compound annual growth rate (CAGR %) for the forecast period (2021-2028), considering 2020 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global Sodium Hexametaphosphate market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include Solvay Kraft Chemical Company, Inc., Aditya Birla Chemicals, Mexichem, Prayon S.A., Innophos, Chongqing Chuandong Chemical (Group) Co.,Ltd, Israel Chemicals Limited (ICL), Yixing Tianyuan ChemicalCo.,, 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.
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
- The global sodium hexametaphosphate market report caters to various stakeholders in this industry including investors, suppliers, extruded aluminum profiles manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global sodium hexametaphosphate market
Key Topics Covered:
1. Research Objectives and Assumptions
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Grade
- Market Snippet, By Form
- Market Snippet, By Application
- Market Snippet, By Country/Region
- Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend
4. Global Sodium Hexametaphosphate Market - Impact of Coronavirus (Covid-19)Pandemic
- Overview
- Factors Affecting Global Sodium Hexametaphosphate Market - COVID-19
- Impact Analysis
5. Global Sodium Hexametaphosphate Market, By Grade, 2017-2028 (US$ Mn & Tons)
- Introduction
- Market Share Analysis, 2020, 2023, and 2028 (%)
- Y-o-Y Growth Analysis, 2021 - 2028
- Segment Trends
- Food Grade
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Mn & Tons)
- Technical Grade
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Mn & Tons)
6. Global Sodium Hexametaphosphate Market, By Form, 2017-2028 (US$ Mn & Tons)
- Introduction
- Market Share Analysis, 2020, 2023, and 2028 (%)
- Y-o-Y Growth Analysis, 2021 - 2028
- Segment Trends
- Granular or Flaky
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Mn & Tons)
- Glass Pellets
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Mn & Tons)
- Powder
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Mn & Tons)
7. Global Sodium Hexametaphosphate Market, By Application, 2017-2028 (US$ Mn & Tons)
- Introduction
- Market Share Analysis, 2020, 2023, and 2028 (%)
- Y-o-Y Growth Analysis, 2021 - 2028
- Segment Trends
- Food & Beverages
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Mn & Tons)
- Water Treatment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Mn & Tons)
- Industrial & Institutional Cleaning
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Mn & Tons)
- Industrial Applications
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Mn & Tons)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021 - 2028, (US$ Mn & Tons)
8. Global Sodium Hexametaphosphate Market, By Region, 2017-2028 (US$ Mn & Tons)
9. Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
- Kraft Chemical Company, Inc.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Aditya Birla Chemicals
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Mexichem
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Prayon S.A.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Innophos
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Chongqing Chuandong Chemical (Group) Co.,Ltd
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Israel Chemicals Limited (ICL)
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Yixing Tianyuan Chemical Co., Ltd.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Recochem Inc.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Hubei xingfa chemicals group co., LTD
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Weifang Huabo Chemical Co., Ltd.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Xuzhou Tianjia Food Chemical Co., Ltd
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Guizhou Sino-Phos Chemical Co., LTD.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
10. Section
For more information about this report visit https://www.researchandmarkets.com/r/mm2ciw
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