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Global SHMP industry will be worthy of 637.15 million USD in 2023, with the CAGR of 3.43% during the forecast period of

Sodium hexametaphosphate is a food additive used in dairy product, canned milk, packaged egg whites, ice cream, seafood and meat processing.
joe zheng | 09.10.2018
New report published by Global Info Research which offers insights on the global Sodium hexametaphosphate market.

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.

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Global Sodium hexametaphosphate Market: Forecast by Type / Application / Region

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.

Although there are several substitutes of SHMP in some fields, SHMP still has its own distinctive advantages and market place. Global sales of SHMP increased from 365650 MT in 2012 to 419575 MT in 2016. With the gradually resuming economy, it is estimated that global SHMP industry will be worthy of 637.15 million USD in 2023, with the CAGR of 3.43% during the forecast period of 2016 to 2023.

Global Sodium hexametaphosphate Market: Key Players
Aditya Birla Chemicals
    Prayon
    Innophos
    ICL Performance Products
    Mexichem
    TKI
    Recochem
    Xingfa
    Weifang Huabo
    Tianrun Chemical
    Tianjia
    CHENGXING GROUP
    Sino-Phos
    Huaxing Chemical
    Hens
    Blue Sword Chemical
    KDM
    Mianyang Aostar
    Sundia
    Jinshi
    Nandian Chemical
    Norwest Chemical
    Chuandong Chemical
    Tianyuan
    Jinguang

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Related Information:
United States Sodium hexametaphosphate Market 2018 Forecast to 2023
Europe Sodium hexametaphosphate Market 2018 Forecast to 2023
North America Sodium hexametaphosphate Market 2018 Forecast to 2023
Asia-Pacific Sodium hexametaphosphate Market 2018 Forecast to 2023
China Sodium hexametaphosphate Market 2018 Forecast to 2023
EMEA Sodium hexametaphosphate Market 2018 Forecast to 2023
Global Sodium hexametaphosphate Market 2018 Forecast to 2023

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