Future Prospects of Global Laboratory Proficiency Testing Market

Image
Laboratory Proficiency Testing Market  The global Laboratory Proficiency Testing Market is estimated to be valued at US$ 1.29 billion in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023 - 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Laboratory proficiency testing involves evaluating the performance of laboratories for a given scope of testing through inter-laboratory comparisons. It helps assess the quality and competence of laboratories by determining reproducibility and accuracy of test results. Proficiency testing products are used by laboratories to determine method validity and accuracy, and improve testing processes. Market Key Trends: One of the major trends in the laboratory proficiency testing market is the growing number of accredited medical laboratories. Accreditation assures compliance with ISO 15189 and ISO/IEC 17025 standards, which require participation in proficiency testing programs. Accordi
Post a Comment

Expandable Graphite Market Research and Analysis

Graphite is a carbon-based material that is commonly utilised in refractories, lubricants, and construction materials. It has great thermal shock resistance and a high metal removal rate. Graphite is a non-metal material with great strength, stiffness, and excellent heat and electrical conductivity. Natural graphite and synthetic graphite are the two types of graphite available. Graphite is on the verge of exploding in popularity. It is a critical addition in the construction of numerous industrial items and fire-safe building materials, as it is one of the world's most versatile manufacturing materials. It's also a critical component in emerging technologies, such as cutting-edge batteries that are transforming energy storage, transportation, and mobile devices.

Market Drivers for Graphite in the World

The growing demand for lithium-ion batteries is a major driver driving graphite market growth. Refractories, lining, and foundry facing are all made from graphite. Furthermore, rising demand for lithium-ion batteries is being driven by rising adoption of electric vehicles due to environmental concerns, as well as the growing need for fuel-efficient vehicles. Graphite is utilised as an anode material in lithium batteries. As a result, rising demand for lithium-ion batteries is likely to boost graphite market growth.


Graphite Market
Graphite Market


Opportunities in the Global Graphite Market

The rising need for fuel-efficient aircraft is expected to open new doors for the graphite market. It's employed in the construction of light aeroplanes. Graphite demand is being driven by an increase in the use of lightweight, fuel-efficient aircraft as a result of growing environmental concerns. As a result of increased aircraft manufacturing and sales around the world as a result of strong growth in the travel and tours industry, the graphite market is expected to rise over the forecast period.

 

Restraints in the Global Graphite Market

Market expansion is being hampered by low output in China as a result of the region's mining industry slowing down. This is owing to the increased adoption of different severe environmental rules and regulations, which has resulted in a decrease in graphite production in the country, which is expected to stifle graphite market growth in the near future.

 

Comments

Post a Comment

Popular posts from this blog

Future Prospects of Global Laboratory Proficiency Testing Market

Image
Laboratory Proficiency Testing Market  The global Laboratory Proficiency Testing Market is estimated to be valued at US$ 1.29 billion in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023 - 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Laboratory proficiency testing involves evaluating the performance of laboratories for a given scope of testing through inter-laboratory comparisons. It helps assess the quality and competence of laboratories by determining reproducibility and accuracy of test results. Proficiency testing products are used by laboratories to determine method validity and accuracy, and improve testing processes. Market Key Trends: One of the major trends in the laboratory proficiency testing market is the growing number of accredited medical laboratories. Accreditation assures compliance with ISO 15189 and ISO/IEC 17025 standards, which require participation in proficiency testing programs. Accordi
Read more

Global Disposable Face Mask Market Share

Image
 Disposable Face Mask Market  The global Disposable Face Mask Market is estimated to be valued at US$ 44.72 Bn or Mn in 2022 and is expected to exhibit a CAGR of 10.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Disposable face masks are personal protective equipment used to cover mouth and nose. They help reduce the spread of infectious particles from coughs and sneezes. The increasing awareness about health and hygiene due to COVID-19 pandemic has boosted the demand for disposable face masks. Market key trends: One of the major trends in the disposable face mask market is the increasing adoption of eco-friendly masks. With rising concern about plastic pollution, many manufacturers are introducing compostable and biodegradable face masks made from materials like bamboo fibers. These masks are durable as well as decomposable and help reduce environmental footprint. Another key trend is the development o
Read more

Global Ophthalmoscopes Market Overview and Impact of Coronavirus (Covid-19) Pandemic

Image
Advanced product development has resulted from technological developments in the realm of disease diagnosis. New ophthalmoscopes are being developed by major manufacturers to meet an unmet need in ocular diagnostic techniques. Over the forecast period, the market is expected to rise due to an increase in product launches by key players. In Japan, for example, Nidek Co. Ltd introduced the Mirante Scanning Laser Ophthalmoscope in 2019. It's a multimodal fundus imaging platform that combines a high-definition scanning laser ophthalmoscope with optical coherence tomography. Furthermore, such new introductions are projected to drive the global ophthalmoscopes market forward.   Ophthalmoscopes Market Global Ophthalmoscopes Market - Impact of Coronavirus (Covid-19) Pandemic Since December 2019, a novel coronavirus has spread throughout China and the rest of the world, resulting in a rapid increase in confirmed cases. The disease has spread to over 100 nations and has been labelle
Read more