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Environmental Testing Market (2019-2025) - Impact of COVID-19 on Environmental Testing Market
Environmental Testing Market
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Water pollution is increased in both developed and developing countries, undermining economic growth as well as the physical and environmental health of billions of people. Although global attention has focused primarily on water quantity, water-use efficiency, and allocation issues, poor wastewater management has created serious water-quality problems in many parts of the world, worsening the water crisis. In polluted water, many toxins are present, and these toxins are harmful to the human body. Moreover, innovative rapid technologies are used for separating chemical substances from water. Lead DIY Test Kit, Mold DIY Test Kit, Asbestos DIY Test Kit, and Air Quality DIY Test Kit are the only certified laboratory environmental test kits. These innovative kits are used for testing of water, soil, and air. Therefore, innovative rapid technologies provide significant growth opportunity for vendors in environmental testing market.
The environmental testing market study presents historical market data in terms of value (2017 and 2018), estimated current data (2019), and forecasts for 2025 - by product, sample, technology, contaminant, and end users. The study also evaluates industry competitors and analyzes the market at regional and country level.
Wastewater/Effluent Segment Dominated the Global Environmental Testing Market, by Sample
Wastewater/effluent segment accounted for the largest market share of the global environmental testing market in 2018. The large market share of this segment is attributed to increasing wastewater with the growth in industrial activities, growing environmental concern related to waste disposal and treatment, and regulations on wastewater disposal.
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Organic Compounds Segment Dominated the Global Environmental Testing Market, by Contaminant
Organic compounds accounted for the largest market share, owing to its high level of emissions and sustained growth in consumption, mainly of hydrocarbons. It is also the fastest growing market during the forecast period.
Asia-Pacific: The Fastest Growing Regional Market
North America commanded the largest share of the global environmental testing market in 2018, followed by Europe, Asia-Pacific, Latin America, and Middle East & Africa. However, Asia-Pacific is the fastest growing regional market due to infrastructure development, growing awareness regarding environmental pollution, sustainable transformation of environmental policies, and various energy-related projects.
Key Players in the Environmental Testing Market
The report includes an extensive assessment of the key strategic developments adopted by the leading market participants in the industry over the past 4 years (2016-2019). For instance, in October, 2016, SGS S.A. acquired AXYS Analytical Services Ltd. (AXYS). AXYS is the North American leader in ultra-trace analysis of Persistent Organic Pollutants (POPs) and Contaminants of Emerging Concerns (CECs). This acquisition strengthened its services portfolio as well as enhanced the existing environmental network.
The major players operating in the environmental testing market are SGS S.A. (Switzerland), Eurofins Scientific (Luxembourg), Intertek Group plc (U.K.), Bureau Veritas S.A.(France), Asurequality Limited (New Zealand), ALS Limited (Australia), R J Hill Laboratories Ltd. (New Zealand), Romer Labs Inc. GmbH (Germany), Agilent Technologies Inc. (U.S.), AB Sciex LLC (U.S.), TÜV SÜD AG (Germany), Microbac Laboratories, Inc. (U.S.), and Symbio Laboratories (Australia).
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Key questions answered in Environmental Testing Market report:
What factors contribute to the infrequent usage of environmental testing products in forestry and geology segment?
Which region is expected to experience the fastest growth in the usage of environmental testing products in agriculture and irrigation sector?
How does the penetration of environmental testing products differ among the end users such as agriculture and irrigation sector, government institutes and R&D laboratories, industrial product manufacturers, and forestry & geology?
Who are the top competitors in this market and what strategies do they employ to gain shares?
What is driving growth and which market segments have the most potential for revenue expansion over the forecast period?
What strategies should new companies looking to enter in this market use to compete effectively?
What are the major drivers, restraints, challenges, and opportunities in the environmental testing market?
Who are the major players in various countries and what share of the market do they hold?
What are the geographical trends and high growth regions/ countries?
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Meticulous Research? was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicated market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Meticulous Research? produces global reports and custom studies for North America, Europe, Latin America, Asia-Pacific, and the Middle East and Africa regions. These reports are used by our clients for marketing and strategic planning in various sectors.
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