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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...

Cupric Chloride Market Overview, Analysis, Dynamics, Outlook and Key Players

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CuCl2 is the chemical formula for cupric chloride, also known as copper (II) chloride. It's a copper salt that's light brown in colour when it's anhydrous. Due to its hygroscopic nature, anhydrous cupric chloride absorbs moisture and creates hydrous cupric chloride, which is greenish blue crystals. It has a wide range of uses and is commercially produced by chlorinating copper in the presence of water. Market Dynamics Cupric chloride's wide range of applications in numerous end-use sectors, such as textiles, glass & ceramics, and pesticides, as well as its use as a catalyst in organic and inorganic reactions, are important factors driving market expansion. It's also utilised in the petroleum sector as a purification agent in the production of indelible, invisible, and laundry marking inks. The above-mentioned industries' rapid growth is fueling the cupric chloride market's expansion . According to the Federation of Indian Chambers of Commerce and Ind...

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