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Discover LudwigThe phrase "market standard" is correct and usable in written English.
You can use it when referring to the average or typical expectation for something in a certain market or within a certain industry. For example, "The new model of this car exceeds the market standard for fuel efficiency".
Exact(50)
Over the past four years, proxy access provisions have progressively converged on market standard terms.
For instance, standards for bank solvency depend on whether the government applies a "mark to market" standard to bank assets.
Although the Net Promoter Score (NPS) is a market standard, customer promotion alone can't sustain a co-creation model.
To achieve that conformity, Greenberg sources broad-breasted white turkeys, the commodity market standard, from Norbest, a Utah cooperative.
Mental distress damages for breach of contract have not been awarded where there is a market standard by which damages can be adequately determined.
"Its R-rated qualities hardly give it much distinction simply for standing apart from the market standard," wrote Eric Kohn for Indiewire.
Similar(10)
This paper evaluates the link between the GSE Act and relaxed mortgage market standards.
Market standards are replacing the heavy customization that has locked many companies out of this marketplace.
The remuneration for Fastjet's executives is set by the Remuneration Committee and is [in] line with the market standards".
By current art market standards, $394,500 is not a lot to pay for a painting of this size and quality.
He's 22, so by today's market standards he should be available for a mere 897 gazillion bucks.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com