Chloroform Market

Chloroform Market - Global Industry
Insights, Trends, Outlook, 2018–2026
Chloroform is an organic compound with a molecular formula of CHCl​3 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.
Chloroform proves to be an excellent solvent for alkaloids in their base form. In
laboratories, Chloroform comprising of deuterium (CDCl​3​), 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.
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Chloroform is commercially used to extract morphine from scopolamine and poppies
from Datura plants. In molecular biology, chloroform has many applications such as
DNA extraction from cells, in extraction buffers, extraction of mineral oil from
polymerase chain reaction samples, DNA recovery from polyacrylamide gels, handling
phenol, storage of lambda cDNA, lambda plaques, and plasmid DNA extraction.
Chloroform Market Outlook – Increasing Demand in Chemicals and allied
Industries to be the Major Market Driver
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. Some of the major companies operating in the global chloroform market
include 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.
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Chloroform Market report segments global market on the basis of application, and end-use industry - Global Industry Insights, Trends, Outlook and Opportunity Analysis, 2017–2025