Posted By Coherent Market Insights
Posted on September 30, 2021
Chloroform is an organic compound with a molecular formula of CHCl3 and belongs to the group of compounds known as trihalomethanes. It is available in the form of a clear colorless liquid with a typical odor. Chloroform is relatively unreactive, conveniently volatile, and miscible with most organic liquids, thus being used as a common solvent for laboratory purposes. It is usually non-flammable in nature, though it burns under extreme conditions.
It is used as a solvent in the pharmaceutical industry and for producing dyes and pesticides. Chloroform is generally produced by the action of bleaching powder on alcohol or acetone. In this process, the bleaching powder acts partially as an oxidizing agent and partially as a chlorinating agent. Chloroform is purified by washing and rectification and is also prepared from chlorination of methane.
Top Key Players in Chloroform market: Amadis Chemicals, Sigma-Aldrich, Chem Tik, MP Biomedicals, Tokyo Chemical Industry, abce CGmbH, AKos Consulting & Solutions, Mcule, Acadechem, Wutech, Molepedia, iChemical, IS Chemical Technology, Chembase.cn, and Life Chemicals.
Regional Analysis For Chloroform Market:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Chloroform market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
Asia Pacific and North America are expected to be the most potential markets for chloroform manufacturers. According to IBEF, India was the seventh largest producer of chemicals in the world worldwide and third largest producer in Asia. The estimated size of the chemicals sector in India, accounts for around US$ 139 billion. During 2015-2016, around 23.9 million tons of major chemicals such as petrochemicals were produced. The Indian chemicals industry has attracted various foreign investors such as Akzo Nobel, BASF, ADEKA, Mitsubishi Chemicals Corporation, Syngenta, DuPont, Henkel, Croda, Wacker Metroark, DyStar, and Rhodla. India Brand Equity Foundation (IBEF) is a Trust established by the Ministry of Commerce and Industry, Department of Commerce in collaboration with the Government of India, with the purpose to promote and create international awareness of goods manufactured in India, in turn expecting to boost investments in the country, by major international players
Extensive use of chloroform by the chemicals and pharmaceutical industries, is fueling growth of the chloroform market, especially in the Asia Pacific and the Middle East regions. Product innovation and expansion in various geographies is a key strategy adopted by the major players in the chloroform market. In January 2016, Aditya Birla Chemicals Limited merged with Grasim Industries, which is one of the leading chloro alkali manufacturers in India, to increase the production capacity from 453K TPA to 804K TPA.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
The post Chloroform market Latest Report with Detailed Analysis and Forecast to 2027 appeared first on Gatorledger.
Chloroform is an organic compound with a molecular formula of CHCl3 and belongs to the group of compounds known as trihalomethanes. It is available in the form of a clear colorless liquid with a typical odor. Chloroform is relatively unreactive, conveniently volatile, and miscible with most organic liquids, thus being used as a common solvent for laboratory purposes. It is usually non-flammable in nature, though it burns under extreme conditions.
It is used as a solvent in the pharmaceutical industry and for producing dyes and pesticides. Chloroform is generally produced by the action of bleaching powder on alcohol or acetone. In this process, the bleaching powder acts partially as an oxidizing agent and partially as a chlorinating agent. Chloroform is purified by washing and rectification and is also prepared from chlorination of methane.
Top Key Players in Chloroform market: Amadis Chemicals, Sigma-Aldrich, Chem Tik, MP Biomedicals, Tokyo Chemical Industry, abce CGmbH, AKos Consulting & Solutions, Mcule, Acadechem, Wutech, Molepedia, iChemical, IS Chemical Technology, Chembase.cn, and Life Chemicals.
Regional Analysis For Chloroform Market:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Chloroform market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
Asia Pacific and North America are expected to be the most potential markets for chloroform manufacturers. According to IBEF, India was the seventh largest producer of chemicals in the world worldwide and third largest producer in Asia. The estimated size of the chemicals sector in India, accounts for around US$ 139 billion. During 2015-2016, around 23.9 million tons of major chemicals such as petrochemicals were produced. The Indian chemicals industry has attracted various foreign investors such as Akzo Nobel, BASF, ADEKA, Mitsubishi Chemicals Corporation, Syngenta, DuPont, Henkel, Croda, Wacker Metroark, DyStar, and Rhodla. India Brand Equity Foundation (IBEF) is a Trust established by the Ministry of Commerce and Industry, Department of Commerce in collaboration with the Government of India, with the purpose to promote and create international awareness of goods manufactured in India, in turn expecting to boost investments in the country, by major international players
Extensive use of chloroform by the chemicals and pharmaceutical industries, is fueling growth of the chloroform market, especially in the Asia Pacific and the Middle East regions. Product innovation and expansion in various geographies is a key strategy adopted by the major players in the chloroform market. In January 2016, Aditya Birla Chemicals Limited merged with Grasim Industries, which is one of the leading chloro alkali manufacturers in India, to increase the production capacity from 453K TPA to 804K TPA.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
The post Chloroform market Latest Report with Detailed Analysis and Forecast to 2027 appeared first on Gatorledger.
