Sodium Hexametaphosphate Market Competitive Analysis, Business Ideas, Industry Growth, Shares and Trends 2021-2031| Aditya Birla Chemicals, Innophos, Mexichem, Recochem

Sodium Hexametaphosphate Market: Overview and Dynamics

Sodium Hexametaphosphate is a salt of composition Na6 [(PO3)6]. Other names of sodium hexametaphosphate are Calgon S, Glassy sodium, Graham’s salt, Hexasodium metaphosphate, Metaphosphoric acid and Hexasodium salt. The sodium hexametaphosphate is soluble in water and insoluble in organic solvents. The sodium hexametaphosphate is soluble complexes with cationic species that’s why sodium hexametaphosphate is used as water softening agents. The appearance of sodium hexametaphosphate is white crystals. The molar mass of sodium hexametaphosphate is 611.7704 g mol−1, density is 2.484 g/cm3 and it is odorless compound.

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Sodium Hexametaphosphate Market: COVID-19 Impact Insights

Novel COVID-19 pandemic has forced countries to impose lockdowns and strict social distancing measures across the globe, flattening the global economic curve. The chemical industry felt the impact of COVID-19 from all the directions. COVID-19 pandemic has presented massive disruptions in the demand-supply equilibrium across multiple industries, leading towards economic losses at a global level. Plant shut downs in Europe, Asia and North America in the second quarter of 2020 has reduced the production scale of Sodium Hexametaphosphate market.

Supply chain disruption, decreased demand, risk of workforce getting infected and travel restriction resulted in the steep fall in production. The demand-supply equilibrium of sodium hexametaphosphate market goes down. This in result has disrupted almost every market and Sodium Hexametaphosphate market has also been affected largely. COVID-19 has caused economic hardship for consumers, businesses and governments across the world. Because of COVID-19, the growth rate of Sodium Hexametaphosphate market is affected.

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Segmentation Analysis of Sodium Hexametaphosphate:-

The global Sodium Hexametaphosphate market is bifurcated into four major segments: product type, end-use, form and region.

On the basis of product type, Sodium Hexametaphosphate market has been segmented as follows:-

Industrial use
Agricultural or consumer use

On the basis of End-Use, Sodium Hexametaphosphate market has been segmented as follows:-

Pharmaceutical Industries
Food and Beverages
Mining
Water treatment
Textile
Paper industry
Others

On the basis of form, Sodium Hexametaphosphate market has been segmented as follows:-

Granular
Powder

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Sodium Hexametaphosphate market: Key players

The Market of Sodium Hexametaphosphate is fragmented with a very vast number of players along with a ruthless competition among them. Companies are opting for the inorganic growth strategies seeking for maximum growth such as partnerships, collaboration, mergers, and acquisitions to penetrate the global market of Sodium Hexametaphosphate. Some of the prominent players of the market are Aditya Birla Chemicals, Innophos, Mexichem, Recochem, Chuandong Chemicals, Blue Sword Chemicals, Chenxing Group, Xingfa Group, TKI, ICL Performance Products, Prayon and other key players are amongst the prominent players in Sodium Hexametaphosphate market accounting for over 60% of the market revenues.

Though, regional groups including North America and Europe backing the local manufacturers are presenting challenges to global players offering their products at higher price points which in turn is significantly disturbing the overall Sodium hexametaphosphate market revenues.

The research report presents a comprehensive assessment of the Sodium Hexametaphosphate and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Sodium Hexametaphosphate market report provides analysis and information, according to market segments such as geographies, product type, material type and end-use.

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