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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...

Acetylacetone Market Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

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  Acetylacetone Market Acetylacetone is an organic molecule that exists in two tautomeric forms that rapidly interconvert and are usually considered as a single component. Although the molecule is officially known as pentane-2,4-dione in its diketone form, the enol form makes up a significant portion of the material and is the preferred form in many solvents. It's a colourless liquid that's a precursor to the bidentate ligand acetylacetonate (acac). It's also a component in the creation of heterocyclic compounds.   Market Dynamics Market expansion is being driven by increasing demand and consumption from end-use industries. The use of acetylacetone as a chemical intermediary in the production of pesticides such methyl mepanipyrim, mepanipyrim, and herbicide pyrazosulfuron-methyl is driving demand. The growing use as a stabiliser for PVC and polyesters, fragrances, biomolecules, and agrochemicals is propelling the industry forward once more. However, acetylacetone proc...

Acetylacetone Market Analysis, Overview, Dynamics and Outlook

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Under normal conditions, acetylacetone is a colourless or light yellow transparent organic liquid. In many applications, it exists in two tautomeric forms that rapidly interconvert and are handled as a single compound. Acetylacetone is widely utilised as a synthesiser, intermediator, promoter, desiccating and bridging agent in many sectors such as chemical, pharmaceutical, and agrochemicals. Market Dynamics Because of the expanding uses of acetylacetone in numerous end-use industries and the growth of these industries, the acetylacetone market is likely to increase significantly over the forecast period. According to the India Brand Equity Foundation (IBEF), India's pharmaceutical business was worth US$ 33 billion in 2017, and is predicted to grow to US$ 55 billion by 2020. In addition, expanding applications as a synthesiser and stabiliser in agrochemicals, biomolecules, perfumes, dyes & pigments, and polyesters are expected to drive revenue in the near future for the w...

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