| Product Code: ETC4733880 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Bulgaria`s chloroform import Market Top 5 Importing Countries and Market Competition (HHI) Analysis in 2024 continued to showcase significant concentration, with Metropolitan France, Czechia, Germany, Poland, and Belgium emerging as the top exporting countries. The high Herfindahl-Hirschman Index (HHI) indicates a consolidated Market Top 5 Importing Countries and Market Competition (HHI) Analysis landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stood impressively at 26.02%, underscoring a robust industry expansion. Moreover, the exceptional growth rate of 172.56% from 2023 to 2024 highlights the accelerating pace of chloroform imports into Bulgaria, suggesting lucrative opportunities and increasing demand for the product.

In the Europe region, the Chloroform market in Bulgaria is projected to expand at a stable growth rate of 0.00% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

The chloroform market in Bulgaria involves the production and use of chloroform, a solvent used in pharmaceuticals, laboratories, and chemical synthesis. The market is driven by demand from these sectors, along with regulatory factors and advancements in safer and more efficient solvent alternatives. Chloroform`s applications in industrial and medical fields impact market trends.
The chloroform market in Bulgaria is driven by its use in pharmaceuticals, chemicals, and industrial applications. The demand for chloroform in the production of pharmaceuticals and as a solvent in chemical processes supports the market. Additionally, growth in research and development activities and the need for chloroform in analytical laboratories contribute to market expansion. Regulatory guidelines and safety considerations also impact the market.
The chloroform market in Bulgaria is challenged by health and environmental concerns, which lead to regulatory restrictions and increased operational costs. The industry also faces competition from alternative solvents and chemicals that offer better safety profiles. Additionally, there is a need for continuous innovation and adaptation to meet evolving market demands and regulatory standards.
In Bulgaria, the chloroform market is regulated to ensure the safe handling and use of chloroform, a volatile organic compound used in various industrial applications. The government sets standards for the production, storage, and transportation of chloroform to ensure safety and minimize environmental impact.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bulgaria Chloroform Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Chloroform Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Chloroform Market - Industry Life Cycle |
3.4 Bulgaria Chloroform Market - Porter's Five Forces |
3.5 Bulgaria Chloroform Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Bulgaria Chloroform Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Bulgaria Chloroform Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Bulgaria Chloroform Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increase in demand for chloroform in the pharmaceutical industry for manufacturing various drugs and anesthetics. |
4.2.2 Growing applications of chloroform in the chemical industry for solvent extraction and as a reagent in different processes. |
4.2.3 Rising usage of chloroform in the production of refrigerants and other industrial applications. |
4.3 Market Restraints |
4.3.1 Stringent regulations and restrictions on the use of chloroform due to its adverse health and environmental impacts. |
4.3.2 Volatility in raw material prices such as methane and chlorine, impacting the production cost of chloroform. |
4.3.3 Increasing awareness about the harmful effects of chloroform leading to a shift towards safer alternatives. |
5 Bulgaria Chloroform Market Trends |
6 Bulgaria Chloroform Market Segmentations |
6.1 Bulgaria Chloroform Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Chloroform Market Revenues & Volume, By Technical Grade, 2021-2031F |
6.1.3 Bulgaria Chloroform Market Revenues & Volume, By Alcohol Stabilized Grade, 2021-2031F |
6.1.4 Bulgaria Chloroform Market Revenues & Volume, By Fluorocarbon Grade, 2021-2031F |
6.2 Bulgaria Chloroform Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Chloroform Market Revenues & Volume, By Solvent, 2021-2031F |
6.2.3 Bulgaria Chloroform Market Revenues & Volume, By Intermediates, 2021-2031F |
6.2.4 Bulgaria Chloroform Market Revenues & Volume, By Reagent, 2021-2031F |
6.2.5 Bulgaria Chloroform Market Revenues & Volume, By Others, 2021-2031F |
6.3 Bulgaria Chloroform Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Chloroform Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.3 Bulgaria Chloroform Market Revenues & Volume, By Agrochemical, 2021-2031F |
6.3.4 Bulgaria Chloroform Market Revenues & Volume, By Chemical Industry, 2021-2031F |
6.3.5 Bulgaria Chloroform Market Revenues & Volume, By Others, 2021-2031F |
7 Bulgaria Chloroform Market Import-Export Trade Statistics |
7.1 Bulgaria Chloroform Market Export to Major Countries |
7.2 Bulgaria Chloroform Market Imports from Major Countries |
8 Bulgaria Chloroform Market Key Performance Indicators |
8.1 Compliance with environmental regulations related to chloroform manufacturing and usage. |
8.2 Research and development investment in finding sustainable production methods for chloroform. |
8.3 Adoption rate of chloroform substitutes in different industries. |
8.4 Efficiency improvement in chloroform production processes. |
8.5 Growth in demand for chloroform from key end-user industries in Bulgaria. |
9 Bulgaria Chloroform Market - Opportunity Assessment |
9.1 Bulgaria Chloroform Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Bulgaria Chloroform Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Bulgaria Chloroform Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Bulgaria Chloroform Market - Competitive Landscape |
10.1 Bulgaria Chloroform Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Chloroform Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |