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  Chloroform is a colorless, dense, sweet-smelling liquid that has been used for a variety of purposes, including as an anesthetic, a solvent, and a refrigerant. It is also used in the production of pharmaceuticals, agricultural chemicals, and other chemicals. The  global chloroform market   is driven by the increasing demand for solvents, refrigerants, and anesthetics. The market is expected to grow at a CAGR of around 4% from 2021 to 2026. The major players in the chloroform market include AkzoNobel N.V., The Dow Chemical Company, Solvay S.A., INEOS Group Limited, and Gujarat Alkalies and Chemicals Ltd. The pharmaceuticals segment is expected to be the largest end-use segment for chloroform. Chloroform is used as a solvent and as an intermediate in the production of several pharmaceuticals, including antibiotics, sedatives, and anesthetics. The increasing demand for healthcare services, coupled with the growing population, is expected to drive the demand for pharmaceuti...

  Chloroform , also known as trichloromethane, is a colorless, heavy, sweet-smelling liquid that is commonly used as a solvent and as a starting material for the production of other chemicals. Here is some information on the chloroform market: Market Size and Growth: The global chloroform market size was valued at USD 1.5 billion in 2020 and is expected to grow at a CAGR of 3.8% from 2021 to 2028. Market Drivers: The growth of the chloroform market is driven by the increasing demand for chloroform in various end-use industries, such as pharmaceuticals, agrochemicals, and chemical manufacturing. The use of chloroform as a solvent in the production of various chemicals is also a major driver of the market. Application: The major applications of chloroform include: Pharmaceuticals: Chloroform is used as a solvent for various drugs and as a starting material in the production of anesthetics such as chloral hydrate and halothane. Agrochemicals: Chloroform is used as an intermediate in t...