Chloroform, also known by various other names such as Tri-chloromethane, Formyl tri-chloride, and Methane, is an organic compound having the molecular formula CHCl3 and molecular weight 119.369 g/mol. It is a clear, colorless, and highly refractive liquid with pleasant, ether-like odor, and sweet taste. Historically, Chloroform was used in healthcare industry as an anesthetic. The use has been discontinued in many countries due to its suspected carcinogenicity. In fact, sustained exposure to Chloroform can lead to impaired liver function, nausea, cardiac arrhythmia, and central nervous system dysfunction. However, Chloroform is still used in certain pharmaceuticals and dental procedures.

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The Chloroform market has expanded at modest rate during the last few years owing to its use in manufacturing several products such as pesticides, dyes, fire extinguishers, fluoropolymers, and hydrochlorofluorocarbon-22 (HCFC-22). Chloroform is relatively unreactive and miscible with majority of liquids such as water, alcohol, and ether. This property acts as a major driving factor for Chloroform market. Meanwhile, the Montreal Protocol requires phasing-out the use of HCFC-22 between2010 to 2020 because of its ozone-depleting tendency. Effectively, a restraint on the Chloroform market is its use in manufacturing products which are harmful to the environment. Governments have also imposed strict regulations on the use and handling of Chloroform to safeguard the population from its harmful effects. The regulations have further slowed down the growth rate of the market. The application of Chloroform is dependent upon its grade. High purity grades are used in manufacturing HCFC-22, alcohol-stabilized grades are used as solvent, and technical grades are used as an intermediate in industrial products.

Top Key Players:-
• Cabot Asahi Glass Co. Ltd.
• Thermo Fisher Scientific Inc.
• Akzo Nobel N.V.
• Kem One
• MP Biomedicals LLC
• Occidental Chemical Corporation
• Merck KGaA
• Tokuyama Corporation
• PJSC Khimprom
• SRF Limited

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The study also provides information for recent merger and acquisition deals happened in the market. Moreover, the report includes growth strategies and entry barriers to be considered to cater to the exact business opportunities in this market. This report will help players in global Chloroform market to plan and implement their strategies in different market areas such as emerging geographies, and new technologies. The report provides forecast and analysis of the global Chloroform market. It provides market overview of global Chloroform market of in terms of revenue (in US$ Mn). Furthermore, the report includes drivers, restraints, trends, and opportunity of the Chloroform market and their impact on each country during the forecast period.
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