Press release
Chloroform Market finds wider use as an intermediate in Manufacturers of Refrigerants by 2029
Pune, 21, Feb 2023: Maximize Market Research is a leading Material & Chemical research firm that has published a comprehensive analysis of the Chloroform Market. The report includes key business insights, demand analysis, and competitive benchmarking of the market. The research expects the market to hit USD 8.93 Bn by 2029 from USD 7.3 Bn in 2021 at a CAGR of 2.56 percent during the forecast period from 2022 to 2029.Chloroform Market Scope and Research Methodology
The main objective of the report is to provide a detailed analysis of Chloroform Market definition, segmentation, potential, competitive environment, important trends and issues occurring while dealing with the industry's key regions and major nations. The report includes a bottom-up approach for estimations of Chloroform Market sectors. A thorough analysis of Chloroform market drivers, obstacles, key restrictions and potential is analysed.
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The report includes SWOT and PESTEL analysis of the Chloroform market. The report also evaluates the market segments based on market volume, market size, market volume, investment potential, and incremental revenue of the Chloroform market. Primary and secondary research was conducted to collect data for the analysis. Primary research includes interviews with industry experts and surveys at the same time secondary research includes verification of certain documents and white papers.
Demand for Chloroform in the Pharma and Agrochemical to drive the market growth
Use of Chloroform as a reagent for DNA and RNA research activities as well as in bio-labs for prevention of tissues by decaying process, are the factors influencing the Chloroform Market growth. Chloroform is used to extract antibiotics, vitamins and flavour is expected to drive the Chloroform Market growth. Demand for direct farm products, pesticides and insecticide production, is expected to boost the Chloroform market growth over the forecast period.
Government regulations, due to the ozone depletion, is expected to hamper the Chloroform Market growth. Some harmful properties of the chloroform and its highly toxic properties is restraining the market growth.
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North American region to drive the regional Chloroform Market growth
Technological advancement and use of HVAC system as well as adhesives, floor polishes has strong the production of Chloroform in the region. The region is expected to witness the significant revenue growth in the Chloroform Market. Pharmaceutical and medical research in the region is expected to drive the regional Chloroform Market growth.
Asia Pacific region held 22.8 percent of total market share in 2021 is expected to grow at a significant rate during the forecast period. Increased R &D activities is expected to drive the regional Chloroform Market growth.
By Application, Reagent segment is expected to drive the Chloroform Market growth
Maximize Market Research provides an analysis of the key trends in each sub-segment of the global Chloroform market report, along with forecasts at the global and regional levels from 2022-2029. The report has categorized the market based on by grade, application, and End Users.
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By Grade:
Technical
Fluorocarbon
Alcohol Stabilized
By Application:
Solvent
Refrigerant
Intermediate
Reagent
By End-users:
Pharmaceuticals
Chemical
Automobile
Food & Beverages
Chloroform Market Key Players Includes:
BASF SE (Germany)
Abcr GmbH (Germany)
The Merck Group (Germany)
INEOS Group Limited (UK)
Solvay S.A (Belgium)
Productos Aditivos-ADDITIVE PRODUCTS, SA (Spain)
Kem One (France)
Akzo Nobel N.V. (Netherlands)
LyondellBasell (Netherlands)
Khimprom Novocheboksarsk (Russia)
Arihant Chemical (India)
SRF Limited (India)
RIDHDHI SIDHDHI CHEMICALS (India)
JIGCHEM UNIVERSAL (India)
Tokuyama Corporation (Japan)
Tokyo Chemical Industry Co., Ltd. (Japan)
Shin-Etsu Chemical Co., Ltd. (Japan)
Amadis Chemical (China)
Acadechem Company Limited (HONG KONG)
Olin Corporation (US)
ChemCeed LLC (US)
Dow Chemical Company (US)
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Table of content for the Chloroform Market includes:
Global Chloroform Market: Research Methodology
Global Chloroform Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Chloroform Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Chloroform Market Segmentation
Global Market, by Grade(2021-2029)
Global Market, by Application(2021-2029)
Global Market, by End- Users(2021-2029)
Regional Chloroform Market (2021-2029)
Regional Market, by Grade (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by End-Users(2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Grade, Application, and End users
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
Recommendations
Maximize Market Research is leading Material & Chemical research firm, has also published the following reports:
Pharmaceutical Grade Sodium Chloride Market- Global Industry Analysis and Forecast (2022-2029)-Know more
https://www.maximizemarketresearch.com/market-report/global-pharmaceutical-grade-sodium-chloride-market/70360/
Thionyl Chloride Market: Global Industry Analysis and Forecast (2021-2027) by Type, Application, and Region-Know more
https://www.maximizemarketresearch.com/market-report/global-thionyl-chloride-market/119290/
Global Vinyl Chloride Monomer Market: Industry Analysis and Forecast (2021-2027) by Application, End-use Industry, and Region-Know more
https://www.maximizemarketresearch.com/market-report/global-vinyl-chloride-monomer-market/116552/
Carbon Tetrachloride Market - Global Industry Analysis and Forecast (2022-2029)-Know more
https://www.maximizemarketresearch.com/market-report/global-carbon-tetrachloride-market/107687/
Cuprous Chloride Market: Global Overview and Forecast (2022-2029)-Know more
https://www.maximizemarketresearch.com/market-report/global-cuprous-chloride-market/85670/
Trichloroethylene Market: Industry Analysis and Forecast (2022-2029)-Know more
https://www.maximizemarketresearch.com/market-report/trichloroethylene-market/121693/
Zinc Dimethyldithiocarbamate(ZDMC) Market - Global Industry Analysis and Forecast (2022-2027)-Know more
https://www.maximizemarketresearch.com/market-report/global-zinc-dimethyldithiocarbamatezdmc-market/71285/
Hydrochloric Acid Market - Global Industry Analysis and Forecast (2022-2029)-Know more
https://www.maximizemarketresearch.com/market-report/global-hydrochloric-acid-market/66787/
Contact Maximize Market Research:
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Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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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
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