According to our (Global Info Research) latest study, the global Sodium Hexametaphosphate (SHMP) market size was valued at USD 622.2 million in 2023 and is forecast to a readjusted size of USD 729.4 million by 2030 with a CAGR of 2.3% during review period.
Sodium hexametaphosphate (SHMP) is a hexamer of composition (NaPO3)6. It is a water-soluble polyphosphate glass that consists of a distribution of polyphosphate chain lengths. Its high degree of solubility sets it apart from other sodium phosphates.
SHMP typically is differentiated by four characteristics: grade, chain length designation, P2O5 content, and particle size. The grade can be either food grade or technical grade.
Sodium hexametaphosphate is a food additive used in dairy product, canned milk, packaged egg whites, ice cream, seafood and meat processing. Besides food application, sodium hexametaphosphate also has wide applications in the industrial field, such as boiler water treatment, paint, textile, ceramic tiles and refractories.
Among those applications, water treatment accounts for the largest market share, which was about 40%.
The largest consumption region of SHMP comes from Asia-Pacific. The follower is Europe, who held 11% share in the same year.
Aditya Birla Chemicals, Prayon, Xingfa Group, Chengxing Group and Chuandong Chemical are the top 6 players of Sodium Hexametaphosphate (SHMP), with about 38% market shares.
The Global Info Research report includes an overview of the development of the Sodium Hexametaphosphate (SHMP) industry chain, the market status of Food Industry (Food Grade, Technical Grade), Water Treatment (Food Grade, Technical Grade), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Sodium Hexametaphosphate (SHMP).
Regionally, the report analyzes the Sodium Hexametaphosphate (SHMP) markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Sodium Hexametaphosphate (SHMP) market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Sodium Hexametaphosphate (SHMP) market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Sodium Hexametaphosphate (SHMP) industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (MT), revenue generated, and market share of different by Type (e.g., Food Grade, Technical Grade).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Sodium Hexametaphosphate (SHMP) market.
Regional Analysis: The report involves examining the Sodium Hexametaphosphate (SHMP) market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Sodium Hexametaphosphate (SHMP) market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Sodium Hexametaphosphate (SHMP):
Company Analysis: Report covers individual Sodium Hexametaphosphate (SHMP) manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Sodium Hexametaphosphate (SHMP) This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Food Industry, Water Treatment).
Technology Analysis: Report covers specific technologies relevant to Sodium Hexametaphosphate (SHMP). It assesses the current state, advancements, and potential future developments in Sodium Hexametaphosphate (SHMP) areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Sodium Hexametaphosphate (SHMP) market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Sodium Hexametaphosphate (SHMP) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Food Grade
Technical Grade
Market segment by Application
Food Industry
Water Treatment
Paper Industry
Industrial Cleaner
Others
Major players covered
Aditya Birla Chemicals
Prayon
Innophos
ICL Performance Products
Mexichem
TKI
Recochem
Xingfa Group
Chengxing Group
Chuandong Chemical
Blue Sword Chemical
Sundia
Mianyang Aostar
Sino-Phos
Jinshi
Norwest Chemical
Weifang Huabo
Nandian Chemical
Huaxing Chemical
Kindia May
Tianjia Chemical
Tianrun Chemical
Zhenhua Industry
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Sodium Hexametaphosphate (SHMP) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Sodium Hexametaphosphate (SHMP), with price, sales, revenue and global market share of Sodium Hexametaphosphate (SHMP) from 2019 to 2024.
Chapter 3, the Sodium Hexametaphosphate (SHMP) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Sodium Hexametaphosphate (SHMP) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Sodium Hexametaphosphate (SHMP) market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Sodium Hexametaphosphate (SHMP).
Chapter 14 and 15, to describe Sodium Hexametaphosphate (SHMP) sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Sodium Hexametaphosphate (SHMP) . Industry analysis & Market Report on Sodium Hexametaphosphate (SHMP) is a syndicated market report, published as Global Sodium Hexametaphosphate (SHMP) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Sodium Hexametaphosphate (SHMP) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.