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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...

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

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  Glycerin Market Because of its qualities such as colourless, odourless, transparent viscous liquid with a sweet flavour, highly soluble in water or alcohol, and a superb solvent for other materials, glycerin market size is predicted to increase rapidly in the next years. The product can also aid with a variety of health issues, such as skin irritation and constipation. It can be employed as an emulsifier, humectant sweetener, and levigating agent in a variety of pharmaceutical and food applications. Glycerin is a by-product of the biodiesel production process, which is made from animal fats and vegetable oil. Biodiesel usage has risen quickly in Europe and North America, owing to rising demand for alternative fuels and a growing desire for bio-renewable chemicals. This demand growth is also linked to increased worries about global climate change, reliable energy, and fluctuating crude oil costs, which are likely to boost biodiesel consumption, which would in turn boost glycerin...

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