Sodium Hexametaphosphate Market Share

APAC Market Forecast

Sodium hexametaphosphate market in the Asia Pacific region is predicted to hold the largest revenue share of about 33% during the forecast period. The growing food and beverage industry in the Asia Pacific region is driving the market. Due to factors including population growth, increased disposable incomes, the expansion of the middle class, and rising demand for processed foods, the food and beverage industry is experiencing a boom in the emerging nations of the region. With 4.3 billion people living there, or 60% of the world's population, the Asia-Pacific area is home to China and India, the two most populous nations on earth. Moreover, the expansion of the chemical and petroleum industries in the Asia Pacific area as a whole is also responsible for the rise of the sodium hexametaphosphate sector.

North American Market Statistics

The sodium hexametaphosphate market in North America is projected to hold the second-largest revenue share of about 27% during the forecast period. Numerous products, including paints, plastics, and paper, include titanium dioxide. It raises the product's quality in the manufacturing of titanium dioxide. The processed food sector is expanding as a result of Asia Pacific's urbanization and expanding population. It serves as an emulsifier, thickener, and preservative in processed foods.