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Showing posts with the label Potassium Sulphate Market

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...

Potassium Sulphate Market Overview and regional Insights

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Potassium sulphate (SOP) is one of the essential fertilizers that is used in the agricultural industry, as it provides one of the essential nutrients to plants such as Potassium. For instance, according to the Fertilizers Institute, Washington, potassium plays an important role in the plant nutrition process and is termed as “Big 3” primary nutrient. The increasing demand for potash fertilizers in the agriculture sector is expected to drive growth of the global potassium sulphate market over the forecast period. Moreover, potassium sulphate market offers advantages such as prevention of infection of plants from pests and other microbes. Potassium sulphate also helps the plant to adapt to unfavorable weather conditions and aids plants in absorbing more minerals from the soil, and also strengthens the tree stalks.   In addition, other end uses industries of potassium sulphate include industrial, pharmaceutical, cosmetics, food & beverages, and others. Among regions, Asia Pac...

Potassium Sulphate Market drivers and Restraints

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Potassium sulphate (SOP) is an important fertiliser in the agriculture business since it provides one of the key elements for plants, potassium. According to the Fertilizers Institute in Washington, potassium is one of the "Big 3" primary nutrients that plays a vital role in plant nutrition. Over the forecast period, the worldwide potassium sulphate market is expected to rise due to rising demand for potash fertilisers in agriculture. Potassium sulphate also has other benefits, such as preventing pests and other bacteria from infecting plants. Potassium sulphate also supports plants in absorbing more minerals from the soil and strengthens tree stalks, allowing them to adapt to difficult weather conditions. Other potassium sulphate end-use sectors include industrial, pharmaceutical, cosmetics, food & beverages, and others.   Drivers and Restraints in the Global Potassium Sulphate Market The use of potassium sulphate in fertilisers drives the worldwide potassium sulph...

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