Sodium Hexametaphosphate Market Trends

Growth Drivers

• Growing Utilization in the Food Sector Has Affected Market Demand- SHMP is used as a sequestrant, emulsifier, and texture modifier in the food business. The need for better food quality and stability, along with the expansion of the processed food industry, is driving the growing usage of SHMP in food applications. The demands of applications used in food processing have an impact on the demand for sodium hexametaphosphate, which is frequently employed in the food industry for a variety of functions. The usage of SHMP in a variety of applications has expanded as a result of the food processing industry's expansion, which has been fuelled by factors such as shifting customer preferences, the desire for convenience foods, and improvements in food technology. The food processing industry will probably continue to experience a strong need for additives like SHMP as food makers look to enhance the sensory qualities, shelf life, and quality of their products. The necessity for creative food formulations and adherence to food safety laws also have an impact on the food industry's adoption of SHMP.
• Increasing Awareness of Water Treatment has Grown- SHMP is widely applied in the purification of water. The need for water treatment chemicals, including SHMP, is driven by the growing need for clean water for both municipal and industrial applications. It aids in reducing the production of scale and managing water hardness. Scale deposits in water systems can be effectively avoided with SHMP. Scale build-up on the surfaces of boilers, pipes, and other water-handling machinery can result in damage and decreased efficiency. SHMP contributes to the upkeep of the effectiveness and integrity of water-related infrastructure by serving as a scale inhibitor.
• Increasing Their Capability of Producing Food Grade Sodium Hexametaphosphate- To meet the growing demand for sodium hexametaphosphate in food applications from the dairy, beverage, and other confectionary food industries, manufacturers of sodium hexametaphosphate are increasing their capability of producing food grade sodium hexametaphosphate. Sodium hexametaphosphate producers are strategically expanding, merging, or acquiring other companies to broaden their product offerings and grow within the worldwide hexametaphosphate industry. Particularly, the Asia Pacific area, which has the greatest need for sodium hexametaphosphate and growth prospects, has seen a number of recent acquisitions.

Challenges

• Health Issues Cause the Market to Trend Lower- The effects of some phosphates in food products on health may be a concern. Market dynamics may be impacted by health-related concerns or shifting consumer perceptions regarding food additives, even though SHMP is generally recognized as safe (GRAS) when used within specified limits. The negative impact that consuming high concentrations of food-grade sodium hexametaphosphate can have on humans is what limits its use. Because pancreatic cancer and kidney issues have been linked to higher sodium hexametaphosphate consumption, people may be discouraged from purchasing food products that include this addition. Consequently, the sodium hexametaphosphate market will have a downward trend.
• Manufacturing facilities that produce sodium hexametaphosphate are now running at lower production rates due to the lockdown and social separation measures. The market's availability of sodium hexametaphosphate has been adversely impacted by this.
• The market for technical grade sodium hexametaphosphate restricts the availability of other polymeric phosphates with comparable chemical characteristics that can serve as sodium hexametaphosphate substitutes.