Future Prospects of Global Laboratory Proficiency Testing Market

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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. Acc...
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Chlorofluorocarbon Market Overview and Outlook

Chlorofluorocarbons (CFCs) have lately been used as a technique for dating very young groundwaters in watershed hydrology research. CFCs are stable, anthropogenic organic chemicals that have been used as aerosol propellants and refrigerants since the 1930s.

Market Overview

Chlorofluorocarbons (CFCs) are nonflammable and harmless compounds made up of chlorine, fluorine, and carbon atoms. Because of their non-flammable and non-toxic nature, which allows for easy conversion from gas to liquid and vice versa, chlorofluorocarbons (CFCs) were originally developed as refrigerants. They now also find use in the manufacture of aerosol sprays, packaging material, solvents, and foam blowing agents. CFCs are also known as 'Freons,' a trademark of Wilmington, Delaware-based E.I. du Pont de Nemours & Company. Chemists' research has shown that CFCs contribute to the ozone layer's depletion by accumulating in the stratosphere, which lowers stratospheric ozone concentration and raises the incidence of skin cancer and genetic damage in organisms. Due to rising concerns about the risks of CFCs, over 140 countries have decided to phase out their manufacture.

 

Market Outlook

Asia Pacific, Europe, North America, and the Rest of the World make up the worldwide chlorofluorocarbon market. Environmental agencies in North America and Europe are likely to impose strict laws and standards, resulting in market growth. In addition, the presence of mature markets in these areas contributes to the slow development rate. Because CFCs are used in nations like India and China, demand for CFCs is projected to be replaced by increased adoption of green refrigerants in developed economies like the United States. Asia Pacific, Latin America, and the Middle East are expected to account for the biggest market share.


Chlorofluorocarbon Market
Chlorofluorocarbon Market


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