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Chloroform Market Size, Opportunities, Key Growth Factors, Revenue Analysis, To 2030
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.
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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
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HS Code - 29094900
Chemical Formula - C6H14O3
Synonyms - Diethylene glycol monoethyl ether, 2-(2-Ethoxyethoxy) ethanol, Transcutol, 3,6-Dioxa-1-Octanol, Dioxitol, Polysolv DE, Dowanal DE
Currency - US$ (Data can also be provided in local currency)
Supplier Database Availability - Yes
Customization Scope - Our services can be customized as per the requirements of the customer
Post-Sale Analyst Support - 360-degree analyst support after service delivery
Region/Countries for which Data is available
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan,…
Worldwide Chloroform Market | Chemical Industry Uses Chloroform as Solvent and R …
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