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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Dyes and Pigments Market Analysis, Overview and Outlook

Colorants such as dyes and pigments are widely utilised in the printing, textile, and automotive sectors. Dyes are ionising and aromatic molecules that have a strong affinity for the surface to which they are applied. To change the hue of dyes, colour modifiers such as methyl and ethyl groups are utilised. Dyes are utilised as colourants in the biotechnology industry, as well as in numerous polymers and textile dyeing applications. Dyes come in granules, liquids, pastes, pellets, dry powders, and chips, and are used for a variety of ornamental, aesthetic, and artistic objectives.

Pigment is an insoluble powdered substance that can be organic or inorganic. Pigments have excellent baking stability, excellent solvent resistance, are easily dispersible, have a high tinting strength, and consistently unique hues. Paints that are used for ornamental and protective coatings also contain pigments. Polyvinyl chloride (PVC), acrylonitrile-butadiene-styrene resins (ABS), urea-formaldehyde (U-F), nylons, and rubber are all coloured with these compounds.

 

Dyes and Pigments Market Outlook

Textile and automobile sectors both utilise a lot of dyes and pigments. The need for dyes and pigments is likely to rise as the automobile and textile sectors expand. The dyes and pigments market is predicted to grow at a rapid pace in Asia Pacific. One of the primary reasons contributing to the region's market growth is the rapidly increasing textile sector in emerging economies such as India and China.

Dyes and Pigments Market
Dyes and Pigments Market


Increased regulatory constraints on dyes and pigments production are predicted to be one of the primary factors limiting the dyes and pigments market's growth. The United States' Environmental Protection Agency has developed laws that detail the potential impacts of waste generated during the production of azo, triarylmethane, and anthraquinone dye and pigment products.

Top players in the worldwide dyes and pigments sector are focusing on expanding production, distribution, and research to improve the qualities of environmentally friendly colourants. Textiles, paper, plastics, leather, inks, paints/coatings, food, pharmaceuticals, and cosmetics are all common uses for these dyes and pigments.

Clariant AG, BASF SE, DIC Corporation Kiri Industries Ltd., Atul Limited, Sudharshan Chemical Industries Limited, Huntsman Corporation, Kronos Worldwide, Inc., Lanxess AG, and Tronox Limited are some of the key players in the dyes and pigments market.

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