Chloroform is an organic compound with molecular formula 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. It is usually nonflammable, though it burns under extreme conditions. Chloroform is generally produced by the action of bleaching powder on alcohol or on acetone. In this process, the bleaching powder acts partially as an oxidizing agent and partially as a chlorinating agent. In the first stage, alcohol is converted into chloral, CCl3CHO. The compound is further decomposed into chloroform and calcium formate with the help of calcium hydroxide. Further the chloroform obtained is purified by washing and rectification. It can also be prepared from chlorination of methane.
Chloroform proves an excellent solvent for alkaloids in their base form. In laboratory Chloroform comprising of deuterium (CDCl3), is commonly used as a solvent in NMR spectroscopy. Chloroform is also majorly used for the production of Freon refrigerant R-22. In laboratories it is used for the preservation of organic tissues, which include anatomical specimens, to prevent decay. It is used as an industrial solvent for in photography, waxes, fats, oils, resins, greases, adhesives and dry cleaning.
Chloroform Market Taxonomy
On the basis of application, the chloroform market is classified into:
On the basis of end-use industry, the global chloroform market is classified into:
Chloroform is used as a common solvent in laboratory owing to properties such as miscibility in organic liquids, relatively unreactive nature and conveniently volatile. In the pharmaceutical industry chloroform is used as a solvent and for also used for producing dyes and pesticides. Chloroform is commercially used to extract morphine from scopolamine and poppies from Datura plants. In molecular biology chloroform has many applications such as in DNA extraction from cells, using an extraction buffer, extraction of mineral oil from polymerase chain reaction samples, DNA recovery from polyacrylamide gels, using phenol, storage of lambda cDNA, lambda plaques, and plasmid DNA extraction,
Chloroform Market Outlook – Rising 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 is the seventh largest producer of chemicals in the world worldwide and third largest producer in Asia. The estimated size of Indian chemicals sector stands at approximately US$ 139 billion. In 2015-2016 the total production of the major chemicals including petrochemicals was 23.9 million tons. 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 of promoting and creating international awareness of goods manufactured in India.
Extensive use in the chemicals and pharmaceutical industry is fueling the growth of chloroform market, especially in Asia Pacific and 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. This collaboration has increased 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.
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.
Coherent Market Insights desk research is based on a principle set of research techniques:
Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:
Preliminary Data Mining
The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.
Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.
Coherent Statistical model
We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:
Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.
This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:
The primary research is conducted with the ecosystem players including, but not limited to:
Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.[email protected]
Talk to our research consultant to design an exclusive report as per your research needs.
We aim to fulfil client's research demands with tailored research solutions.
We aim to provide research studies in quickest turnaround time and in a much cost effective manner.
We cover each industry from supply and demand side with an aim to provide a most holistic research study.
We strive to provide most accurate and reliable research findings in our research reports.