December 12, 2022 09:15 ET | Source: Verified Market Research Verified Market Research
Boonton, New Jersey, UNITED STATES Ferrous Sulphate Liquid
Jersey City, New Jersey, Dec. 12, 2022 (GLOBE NEWSWIRE) -- Verified Market Research® recently published a report, “Chloroform Market” By Application (Chemical Industries, Biotechnology Research Institutes), and By Geography.
As per the deep research carried out by Verified Market Research®, the global Chloroform Market size was valued at USD 2,536.40 Million in 2021 and is projected to reach USD 36,78101 Million by 2030, growing at a CAGR of 34.60% from 2023 to 2030.
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Browse in-depth TOC on “Chloroform Market”
Chloroform is a chemical by-product liquid that is colourless, volatile, and non-flammable that is produced when chlorine is added to water. The flavour and aroma of chloroform are pleasant and slightly sweet. In industries, it serves as a solvent to help other solutes dissolve more effectively. Chloroform is widely used in a variety of industries, including the production of pesticides, lacquers, floor polishes, and many others. In DNA and RNA extractions, chloroform also plays a crucial role in dissolving non-nucleic acid biomolecules.
The chloroform market is thriving due to its use in a variety of industries. The growing DNA and RNA research activities in the biotechnology sector have increased the demand for chloroform. As chloroform contributes to layer depletion and it may lead to a market slowdown. However, acute chloroform toxicity may cause impaired liver function, central nervous dysfunction, and cardiac arrhythmia, and therefore the serious health injuries caused by chloroform inhalation can affect the market growth.
Verified Market Research® narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interest the client. The “Global Chloroform Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.
The “Global Chloroform Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Khimprom, BASF SE, Sumitomo Chemical Co., Ltd., Tokuyama Corporation, Occidental Petroleum Corporation., and others.
Based on the research, Verified Market Research® has segmented the global Chloroform Market into Application, and Geography.
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