What is Sodium Hexametaphosphate?
Sodium hexametaphosphate is typically a mixture of metaphosphates. It is widely used as a sequestrant and has applications within a wide variety of industries, including food, chemical, water treatment plant, etc. In the food industry, it is used as a food additive for thickening and adding texture. However, government initiatives towards the establishment of water plants due to the increasing scarcity of water across the globe. Sodium hexametaphosphate is highly used in water treatment and to clean water.
The market study is broken down, by Application (Food Industry, Chemical Industry, Water Treatment, Cleaning Products and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA Research estimates that Vendors from Chinese will contribute to the maximum growth of Global Sodium Hexametaphosphate market throughout the predicted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Aditya Birla Chemicals (India), Prayon (Belgium), Innophos Holdings, Inc. (United States), ICL Group (Israel), TKI (Slovenia), Recochem (Canada), Xingfa (China), Weifang Huabo Chemical Co., Ltd. (China), Tianrun Chemical (China), Blue Sword Chemical (China) and Norwest Chemical (Singapore) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Sodium Hexametaphosphate market by Type, Application and Region.
On the basis of geography, the market of Sodium Hexametaphosphate has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Sodium Hexametaphosphate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Grade, the sub-segment i.e. Food Grade will boost the Sodium Hexametaphosphate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In November 2020, Prayon, a world leader in phosphate chemistry invested to increase its production capacity of Food Grade Sodium Hexametaphosphate by 10kt. It is a part of Prayon's growth strategy in several sectors like food additives, water treatment, and industrial applications that will support the Group's development worldwide. The 10kt production of Sodium Hexametaphosphate will help Prayon to strengthen its position in the food additives sector and enable Prayon to meet growing customer demand for food applications additives as well as the increasing internal needs for the production of core ingredients such as Carfosel and Kasomel.
- Growing Demand of Varieties of Food Textures and Thickening Additives for the Food Products
- Increasing Demand of Sodium Hexametaphosphate in Food Industry for Thickening, Emulsifying, and Adding Texture
- Rise in Adoption of Sodium Hexametaphosphate for the Production of Water Softening and Detergent Products
- High Adoption of Sodium Hexametaphosphate in Water Treatment Plants
- High Consumption of Sodium Hexametaphosphate Can Cause Critical Health Problems
- Availability of Other Alternatives of Sodium Hexametaphosphate May Create Hurdles for the Market
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Sodium Hexametaphosphate Manufacturers, Suppliers and Distributors of Sodium Hexametaphosphate, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as Aditya Birla Chemicals (India), Prayon (Belgium), Innophos Holdings, Inc. (United States), ICL Group (Israel), TKI (Slovenia), Recochem (Canada), Xingfa (China), Weifang Huabo Chemical Co., Ltd. (China), Tianrun Chemical (China), Blue Sword Chemical (China) and Norwest Chemical (Singapore) etc.
2. Can we have customized study for Sodium Hexametaphosphate Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Sodium Hexametaphosphate Market by 2026?
Analysts at AMA estimates Sodium Hexametaphosphate Market to reach USD Million by 2026.