What is Sodium Hexametaphosphate Market, and how does it function in various industries?

 

Sodium Hexametaphosphate (SHMP)), also known as sodium seatmate, is a white crystalline salt of the chemical compound sodium hexametaphosphate (NAP). It is commonly used as an oxidizing agent in industries. It was first identified in a paper by Walraven and coworkers in 1947. This compound is used in some industrial and commercial paints and its general function is to prevent corrosion. However, there are other important industrial uses and these other uses are not touched upon here. Among the other uses of Sodium, hexametaphosphate is as an oxidizing agent for aluminum alloys and other metal salts, and as an additive to gasoline and diesel engine exhausts, and as an additive to paint formulations. It is also used as a corrosion inhibitor in some cutting and drilling operations.

The growing need for eco-friendly industrial processes and expansion of the various manufacturing industries are fueling the growth of Sodium hexametaphosphate market. Increasing demand for Sodium hexametaphosphate from water treatment plants due to the increasing instance of water pollution is again propelling the market growth. The rise in the food &beverage industry due to increasing spending and growing consumption of convenience food products is also projected to augment the market growth. It is used as an emulsifier, thickener, or texturizer in the food industry. According to the Economic Research Service United States Department of Agriculture, in 2019, U.S. consumers, businesses, and government entities spent $1.77 trillion on food and beverages in grocery stores and other retailers and on away-from-home meals and snacks.

The Asia Pacific is expected to gain significant growth over the forecast period and this is attributed to increasing demand for the product from the water treatment industry due to the growing instance of water pollution. Also, the increasing population in the region is again driving demand for clean water. The Asia and the Pacific region is home to 60 percent of the world’s population – some 4.3 billion people – and includes the world’s most populous countries, China and India. By 2050 the number of people aged 60 years and older in the region will more than double, reaching 1.3 billion.