Chloroform Market was valued at US$ 7.49 Bn. in 2022. The Chloroform Market size is estimated to grow at a CAGR of 2.56% over the forecast period.
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Chloroform Market Report Scope and Research Methodology
The Chloroform Market report includes the comprehensive analysis of the industry in a simple language. A detailed analysis of Chloroform Market dynamics has been included in the report. The past, present and the expected trends in the forecast period has also been provided in the report. For understanding the global factors affecting the industry, the report presents drivers, challenges, restraints and opportunities prevailing in the Chloroform market. Detailed analysis of external & internal factors impacting the market is covered through PESTEL & PORTER analysis.
Dedicated study of the rivalry in the industry is covered, which includes market leaders, followers, and new entrants. Extensive primary research was conducted to acquire information and verify and confirm the crucial numbers arrived at after comprehensive Chloroform market engineering and calculations for market statistics; market size estimations, market forecasts, market breakdown and data triangulation. The secondary data was collected from the company’s annual reports, articles, paid and free databases, etc. To estimate the regional and global Chloroform market size, the bottom-up approach was used.
Chloroform Market Overview
The industry overview gives thorough details about the size of the market all the market dynamics including strategies, market revenue, pricing analysis, micro and macro market trends and scenarios & Industry benchmarks. Region wise market opportunities & barriers are also studied in detail.
Market Segmentation
The three types of chloroform are technical grade, fluorocarbon grade, and alcohol stabilised grade. A chemical compound with a sweet fragrance is chloroform stabilised with alcohol. It is frequently employed as a solvent in the pharmaceutical sector. Fluorocarbon-grade chloroform is frequently utilised as a refrigerant in both residential and business air conditioners. The technical grade is predicted to have a faster revenue CAGR over the course of the projected year. This is because chloroform is increasingly being used in the chemical industry as a chemical intermediary in the production of plastics, pesticides, resins, and dyes.
By Application: Solvent, anaesthetic, reagent, and criminal use make up the four segments of the worldwide chloroform market. The category of solvents had the largest sales share in the global market in 2022. Chloroform is being employed as a solvent in the chemical, biological, and pharmaceutical sectors more and more due to its volatile and non-flammable properties.
By the final users
Pharmaceutical, agrochemical, chemical industry, and other end-use segments make up the chloroform market. The industry segment for agrochemicals held the largest revenue share in 2022. This is brought about by an increased focus on agrochemical research and a rise in the usage of chloroform in the production of agricultural pesticides.
Market Key Players
1. BASF SE (Germany)
2. Abcr GmbH (Germany)
3. The Merck Group (Germany)
4. INEOS Group Limited (UK)
5. Solvay S.A (Belgium)
6. Productos Aditivos-ADDITIVE PRODUCTS, SA (Spain)
7. Kem One (France)
8. Akzo Nobel N.V. (Netherlands)
9. LyondellBasell (Netherlands)
10.Khimprom Novocheboksarsk (Russia)
11.Arihant Chemical (India)
12.SRF Limited (India)
13.RIDHDHI SIDHDHI CHEMICALS (India)
14.JIGCHEM UNIVERSAL (India)
15.Tokuyama Corporation (Japan)
16.Tokyo Chemical Industry Co., Ltd. (Japan)
17.Shin-Etsu Chemical Co., Ltd. (Japan)
18.Amadis Chemical (China)
19.Acadechem Company Limited (HONG KONG)
20.Olin Corporation (US)
21.ChemCeed LLC (US)
22.Dow Chemical Company (US)
Chloroform Market Regional Insights
The regional analytics cover North America, South America, Asia Pacific, Europe & Middle East and Africa. The report includes a detailed explanation of market size, market drivers, barriers, CAGR, and import and export in all the regions.
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Key questions answered in the Chloroform Market are:
- What is Chloroform?
- What are the global trends in the Chloroform Market?
- What was the Chloroform Total Market size in 2022?
- What is expected Chloroform Market size by 2029?
- Who held the largest market share in Market?
- Who are the leading companies and what are their portfolios in Market?
- What are the major challenges that the Chloroform Industry could face in the future?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Industrial Manipulator Market Size, Share, Size & Forecast by different segment | 2022−2029
- Industrial Manipulator Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Industrial Manipulator Market Segmentation – A detailed analysis by Type, Application and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
About Maximize Market Research:
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