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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...

Definition of Oilfield Stimulation Chemicals Market and Drivers, Restraints

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Oilfield stimulation chemicals are a diverse group of speciality chemicals used to aid and support the stimulation process in the oilfield. Stimulation treatments are used to help a well's productivity be restored or improved. Improved productivity of the new flow channels leads to better oil and gas recovery from the targeted formation. To control the bacteria present in the fracturing fluid near the surface, acids and biocides are applied. In very acidic and saline settings, corrosion inhibitors are frequently necessary to protect metal equipment. During the pumping operation, friction pressure is an issue. Friction inhibitors can be used to effectively control it. Gelling agents can be used to control the viscosity of fluids. Drivers and Restraints for Oilfield Stimulation Chemicals Market Because of low prices, the oil and gas industry has seen a drop in production recently. Surfactants are lubricants used in oilfield chemicals. Corrosion inhibitors, wetting agents, dispe...

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