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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Sodium Percarbonate Market Overview, Dynamics and Outlook

Sodium percarbonate (2Na2CO3 • 3H2O2) is a white coloured salt that comes in the form of granules or powder. It's a good source of hydrogen peroxide. Sodium percarbonate is formed when hydrogen peroxide and sodium carbonate react together. When sodium percarbonate is dissolved in water, hydrogen peroxide is produced, and it acts as an oxidant. There are two types of sodium percarbonate on the market: coated and uncoated. The coated sodium percarbonate product avoids peroxide breakdown and extends its shelf life, which is projected to drive demand for coated sodium percarbonate over the forecast period.

 

Market Dynamics:

The global sodium percarbonate market is predicted to increase due to rising demand for sodium percarbonate in cleaning goods such as floor cleaning and laundry & dishwashing products in the home and personal care industry, as well as the food and healthcare industries, over the forecast period. This can be ascribed to sodium percarbonate's disinfecting and antibacterial capabilities.

Furthermore, sodium percarbonate decomposes into oxygen, water, and sodium carbonate, all of which are considered environmentally friendly substances. As a result, sodium percarbonate is regarded as a more environmentally friendly bleaching agent than other bleaching agents such as chlorine. Chlorine bleach decomposition products, such as dioxins, are toxic to the environment. As a result, the worldwide sodium percarbonate market is predicted to rise throughout the forecast period.

 

Sodium Percarbonate Market
Sodium Percarbonate Market

Market Outlook: 

Due to rising end-use sectors like as home and personal care in the region, Europe is predicted to account for the greatest market share throughout the projection period. According to the 'Activity & Sustainability Report 2018-19' published by the International Association for Soaps, Detergents, and Maintenance Products (A.I.S.E.) in 2019, the household care and professional cleaning and hygiene sector in Europe was valued at approximately US$ 40.84 billion in 2018, up from US$ 39.95 billion in 2017. Laundry care goods, surface care products, dishwashing products, and bleach are all examples of household care products.

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