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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...

Phosphorus Pentachloride Market Size, Share, Outlook, and Opportunity Analysis, 2022-2028

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  Phosphorus Pentachloride Market The global Phosphorus Pentachloride market analysis report provides a complete examination of the market size of various categories and countries in recent years, as well as projections for the coming years. The Phosphorus Pentachloride market research offers a detailed competitive analysis of the global industry. This study provides inferences about market trends, drivers, and segmentation by application, type, region, and maker. With respect to the regions and countries covered in the analysis, this Phosphorus Pentachloride market report provides both qualitative and quantitative characteristics of the industry. We've been keeping an eye on COVID-19's direct impact on this market, as well as its indirect impact on other industries. From a global and regional viewpoint, this report examines the impact of the pandemic on the Phosphorus Pentachloride market . The study categorises the Phosphorus Pentachloride industry by type, application, and...

Phosphorus Pentachloride Market Analysis, Market Dynamics and Market Outlook

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The chemical compound phosphorus pentachloride (PCl5) is employed as a chlorinating reagent. It's a colourless, water-sensitive, moisture-sensitive, pale yellow solid with a melting point of 148°C. Phosphorus oxychloride, phosphonic acid, and hydrochloric acid are formed when it is hydrolyzed with water. Phosphorus pentachloride is used as a starting material to make a variety of organic and inorganic phosphorus compounds that are used as phosphite antioxidants, pesticides, flame retardants, paint additives, lube oil, plasticizers and stabilisers for plastic and elastomers, and water treatment chemicals. Skin contact, inhalation, ingestion, and ocular contact with phosphorus pentachloride are all dangerous. The amount of tissue damage is determined by the length of contact. Skin contact, for example, can cause blistering and irritation, whilst eye contact might result in blindness or corneal damage. Choking, unconsciousness, lung injury, or death can all occur as a result of seve...

Phosphorus Pentachloride Market Overview, Dynamics and COVID-19 Impact Analysis

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The chemical compound phosphorus pentachloride (PCl5) is employed as a chlorinating reagent. It's a colourless, water-sensitive, moisture-sensitive, pale yellow solid with a melting point of 148°C. Phosphorus oxychloride, phosphonic acid, and hydrochloric acid are formed when it is hydrolyzed with water. Phosphorus pentachloride is used as a starting material to make a variety of organic and inorganic phosphorus compounds that are used as phosphite antioxidants, pesticides, flame retardants, paint additives, lube oil, plasticizers and stabilisers for plastic and elastomers, and water treatment chemicals.   Market Dynamics Phosphorus pentachloride is primarily employed as a chlorinating agent in the dye and pharmaceutical industries. According to the India International Trade Centre, Chinese companies account for more than 40% of global dye and dye intermediate output. One of the key drivers of phosphorus pentachloride growth worldwide is the constantly increasing chemical s...

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