Sodium Hexametaphosphate (SHMP) Market – Size, Share, Outlook, and Opportunity Analysis, 2018 – 2025

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Sodium Hexametaphosphate (SHMP) Market - Global
Industry Insight, Trends, Outlook, and
Opportunity Analysis 2018-2025

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REPORT DESCRIPTION
Sodium Hexametaphosphate (SHMP) Market Overview
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. Sodium
hexametaphosphate acts as excellent emulsifier,
curing agent, firming agent, flavor enhancer,
stabilizer, and thickener. Market Dynamics The
growth of sodium hexametaphosphate (SHMP) market
is mainly attributed to its multiple applications
in various end-use industries such as food,
beverages, paper, detergents, water treatment,
animal feed, and various others. Favorable growth
of these end-use industries globally is projected
to fuel demand for sodium hexametaphosphate
(SHMP) throughout the forecast period
(2018-2025). However, stringent trade regulations
such as execution of antidumping duties on import
of sodium hexametaphosphate is a key challenge
for manufacturers and traders. Moreover, food
grade SHMP must meet the requirements of the Food
Chemicals Codex (FCC), which states the amount of
possible toxic contaminants, pH range, and good
manufacturing practices for sodium
hexametaphosphate.
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REPORT DESCRIPTION

• Sodium Hexametaphosphate (SHMP) Market Taxonomy
• On the basis of grade, the global sodium
  hexametaphosphate (SHMP) market is segmented
  into
• Food Grade
• Technical Grade
• On the basis of application, the global sodium
  hexametaphosphate (SHMP) market is segmented
  into
• Water Treatment
• Food Beverages
• Industrial Institutional Cleaners
• Industrial Applications (Clay Processing, Mining,
  Drilling Muds, Paper etc.)
• Others (Bath Salts, Toothpaste etc.)
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REPORT DESCRIPTION
Sodium Hexametaphosphate (SHMP) Market Regional
Insights According to Coherent Market Insights
analysis, Asia Pacific held highest market share
in the global market in 2017. The region is
projected to maintain its dominance over the
forecast period, owing to high presence of
manufacturers of SHMP in the region. In Asia
Pacific, China is the largest producer of sodium
hexametaphosphate (SHMP). According to the U.S.
International Trade Administration Report, in
2013, China accounted for over two-third of
global production capacity of SHMP and the
aggregated production capacity of China was over
4, 76,000 Metric Tons. Favorable growth of food
beverages industries across emerging economies
of Asia Pacific is projected to create conducive
environment for growth of the market in the
region. According to the United States Department
of Agriculture Report on India Food Processing
Sector 2018, India has a potential to attract
investment of US 33 billion by end of 2024.. To
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