Market Challenges And Opportunities

Chloroform Market Outlook – Increasing Demand in Chemicals and allied Industries to be the Major Market Driver

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.