Chloroform Market  Size, Opportunities, Key Growth Factors, Revenue Analysis, To 2030

Reports and Data estimates the global Chloroform competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2030 as the forecast period. The report offers CAGR and market size for the global Chloroform during the forecast period.

The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include BASF SE, Arihant Chemicals, Solvay, Dongying City Longxing Chemical Co., Ltd., TCI - Tokyo Chemical Industry, Shin-Etsu Chemical Co., Ltd., PRODUCTOS ADITIVOS, S.A., INEOS, Dow and Tokuyama Corporation.

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/2791

Chloroform Overview :-

The global chloroform market size was USD 7.10 Billion in 2021 and is expected to register a revenue CAGR of 2.6% during the forecast period. Increasing number of research activities on biotechnology, Deoxyribonucleic Acid (DNA) and Ribonucleic Acid (RNA), rising demand for chloroform for use in agricultural products, and wide range of applications as a solvent in various products are some of the major factors driving market revenue growth.

Rising awareness regarding benefits of using chloroform as a solvent for oils, fats, waxes, rubber, resins, greases, lacquers, gums, adhesives, and floor polishes is increasing adoption of the product in different industries such as HVAC, automotive, refrigerants industry, and others. Use of chloroform for producing refrigerants such as fluorocarbon-22, Chlorofluorocarbon (CFC)-22, plastic products such as vinyl chloride, and for manufacturing various chemicals is expected to drive market revenue growth. Chloroform is being widely used as an anesthetic component in the pharmaceutical sector. Concentration of chloroform at a range of 1500 to 3000 Parts Per Million (PPM) is useful for anesthesia, and any lower concentration than

Contact:John W, Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
LinkedIn | Twitter | Blogs

About Reports and Data 

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

This release was published on openPR.