Global Chloroform Market Growth 2023-2029

Global Chloroform Market Growth 2023-2029

Chloroform is an organic compound with a molecular formula of CHCl3 and belongs to the group of compounds known as trihalomethanes.

LPI (LP Information)' newest research report, the “Chloroform Industry Forecast” looks at past sales and reviews total world Chloroform sales in 2022, providing a comprehensive analysis by region and market sector of projected Chloroform sales for 2023 through 2029. With Chloroform sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Chloroform industry.

This Insight Report provides a comprehensive analysis of the global Chloroform landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Chloroform portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Chloroform market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Chloroform and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Chloroform.

The global Chloroform market size is projected to grow from US$ 6565.8 million in 2022 to US$ 7481.3 million in 2029; it is expected to grow at a CAGR of 7481.3 from 2023 to 2029.

Chloroform proves to be an excellent solvent for alkaloids in their base form. In laboratories, Chloroform comprising of deuterium (CDCl3), is commonly used as a solvent in NMR spectroscopy. Chloroform is also majorly used in the production of Freon refrigerant R-22. In laboratories, it is used for the preservation of organic tissues, which includes anatomical specimens, to prevent decay. It is also used as an industrial solvent in photography, waxes, fats, oils, resins, greases, adhesives, and dry cleaning.

This report presents a comprehensive overview, market shares, and growth opportunities of Chloroform market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Fluorocarbon Grade
Alcohol Stabilized Grade
Technical Grade

Segmentation by application
Anesthetic
Chemical Industry

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Akzonobel N.V.
Asahi Glass
Tokuyama Corporation
Shin-Etsu Chemical
Kem One
Occidental Petroleum Corporation
Gujarat Alkalies and Chemicals
SRF
Consolidated Chemical Company
Lee & Man Chemical Company
Dongying Yinglang Chemical
Dongying City Longxing Chemical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Chloroform market?

What factors are driving Chloroform market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Chloroform market opportunities vary by end market size?

How does Chloroform break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.