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. Accordi
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Acrylic Fibers Market Overview, Drivers, Key Segments and Regional Analysis

Acrylic fibres, often known as synthetic fibres, have a chemical composition that contains nearly 85 percent acrylonitrile monomer. They're frequently employed in a variety of industries, including fashion, home furnishings, and industrial. It can be used on its own or in conjunction with other natural and synthetic fibres.

Drivers:

Acrylic fibres are expected to see increased revenue in the next years due to increased demand from the textile sector. Because of their capacity to adapt multi-color dyes in clear, brilliant, and subdued tones, acrylic fibres are utilised to provide natural aesthetic fabrics. Additionally, they are resistant to weak alkalis, UV damage, and microbiological attack. Acrylic fiber's many qualities are expected to drive up demand for acrylic fibres in the textile sector.

Additionally, rising demand from various industrial uses such as home furnishings, garments, and other industrial applications is expected to drive market growth.

 

Acrylic Fibers Market
Acrylic Fibers Market

Global Acrylic Fibers Market: Key Segments

The global acrylic fibres market can be divided into dry spun, wet spun, spun-dyed, shiny, matt, and flame retardant, as well as others, based on the technique of manufacture (including industrial grade fibers). Dimethylformamide is used as a thermal stabiliser in the dry spinning of acrylic fibres. Sodium thiocyanate is a frequent solvent in wet spinning. When compared to dry spinning, the investment cost for wet spinning is lower. VOCs (volatile organic solvents) are employed in the creation of dry spinning. Organic and inorganic solvents can be utilised to make acrylic fibres during wet spinning.

 

Global Acrylic Fibers Market: Regional Analysis

North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa are the regions in which the worldwide acrylic fibres market may be divided. During the projection period, Asia Pacific is expected to hold a significant portion of the global market. Because of the rising per capita income in the region, the acrylic fibres market in Asia Pacific is expected to grow at a quick rate. Reduced clothes prices and an improvement in people's living standards are also expected to stimulate apparel demand across the region. The acrylic fibres market in Asia Pacific is likely to benefit as a result of this. Advanced technologies for making acrylic fibres are primarily being developed by manufacturers in Europe and North America.

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