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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...

Engineering Plastics Market Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

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  Engineering Plastics Market Engineering plastics are widely utilised in a variety of manufacturing industries where chemical stability, impact resistance, durability, and thermal and dimensional stability are important. Because of their high mechanical strength, engineering plastics are quickly replacing metals and wood in the construction and automobile industries. These materials lighten the vehicle's total weight and improve fuel efficiency. They're employed in the manufacture of automobile exterior and interior parts, as well as the powertrain. Due to its strong resilience to numerous environmental variables such as chemicals, high temperatures, and abrasion, engineering plastic is also employed in the electronic industry. As a result, it's an excellent material for making consumer electronics.   Drivers: Engineering plastics are primarily driven by the rising automotive sector, which is fueled by rapid urbanisation. In 2018, 98.1 million automobiles were produc...

Engineering Plastics Market Overview, Analysis, Market Drivers and Restraints

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Engineering plastics are widely utilised in a variety of manufacturing industries where chemical stability, impact resistance, durability, and thermal and dimensional stability are important. Because of their high mechanical strength, engineering plastics are quickly replacing metals and wood in the construction and automobile industries. These materials lighten the vehicle's total weight and improve fuel efficiency. They're employed in the manufacture of automobile exterior and interior parts, as well as the powertrain. Due to its strong resilience to numerous environmental variables such as chemicals, high temperatures, and abrasion, engineering plastic is also employed in the electronic industry. As a result, it's an excellent material for making consumer electronics.   Drivers : Engineering plastics are primarily driven by the rising automotive sector, which is fueled by rapid urbanisation. In 2018, 98.1 million automobiles were produced worldwide, according to th...

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