The global Sodium Hexametaphosphate (SHMP) market was valued at 58.12 Million USD in 2021 and will grow with a CAGR of 2.92% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.Among those applications, water treatment accounts for the largest market share, which was about 40.09% in 2016. The SHMP production mainly concentrates in China. Each year, China exports about 50000 MT SHMP to the world. USA is a net importer of SHMP. Since USA government imposes antidumping taxes on Chinese exporters, Thailand and Europe are the major import sources of USA SHMP. The largest consumption region of SHMP comes from Asia-Pacific. In 2016, the regions consumed about 309749 MT. The follower is Europe, who held 11.56% share in the same year.

By Market Verdors:

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

By Types:

Food Grade

Technical Grade

By Applications:

Food Industry

Water Treatment

Paper Industry

Industrial Cleaner

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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