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Asbestos Testing Market Generated Opportunities, Future Scope 2025-2032 | SGS SA, Intertek Group plc, Eurofins Scientific, ALS Limited

07-08-2025 11:09 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

Asbestos Testing Market

Asbestos Testing Market

The asbestos testing industry continues to see vital demand across construction, environmental safety, and regulatory compliance sectors. Asbestos testing's critical role in public health and workplace safety underpins significant business growth and evolving market dynamics, driven by stricter regulations and rising awareness.

Market Size and Overview

The Global Asbestos Testing Market size is estimated to be valued at USD 242.3 million in 2025 and is expected to reach USD 345.5 million by 2032, exhibiting a compound annual growth rate (CAGR) of 5.2% from 2025 to 2032. This market forecast underscores robust business growth fueled by industry share expansion and increasing regulatory demands on asbestos presence in buildings and materials.

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Actionable Insights

- Production capacity for asbestos testing laboratories expanded by approximately 12% in 2024, reflecting stronger supply-side capabilities.
- Testing service pricing averaged between USD 150-350 per sample in 2024, influenced by advances in rapid testing technologies.
- Imports of testing instrumentation surged by 8% year-over-year, signaling increased demand and modernization of testing facilities.
- Application sectors such as construction renovation and demolition accounted for nearly 58% of total demand in 2024, showing targeted use cases driving market revenue.
- Micro-level indicators such as increased sampling frequency in urban redevelopment zones contributed to market size growth.

Growth Factors

- Accelerated government regulations worldwide aimed at asbestos abatement and health safety are key market drivers, with regulatory frameworks tightening in developed and emerging economies alike.
- The rise in aging infrastructure requiring testing to meet compliance protocols propelled a 15% increase in testing contracts in the U.S. during 2024.
- Increased public health awareness campaigns across Europe and Asia Pacific substantially raised demand for asbestos testing services.
- Replacing traditional asbestos-containing materials in construction and manufacturing continues to expand the market scope.

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Market Trends

- Integration of AI and machine learning into analytical testing for faster asbestos detection created new market growth strategies adopted by leading firms.
- Portable and on-site asbestos testing kits gained popularity, enabling quicker results with market revenue growth noted especially in remote areas.
- Consolidation through mergers and acquisitions was observed, with several market players expanding service portfolios to offer end-to-end environmental testing solutions.
- Growing preference for non-destructive testing methods aligns with broader market trends focusing on efficiency and reduced operational disruption.

Key Takeaways

- Market growth driven by regulatory enforcement and aging building stock requiring routine asbestos testing.
- Construction segment dominates usage, driven by renovation and demolition activities requiring detailed asbestos analysis.
- Asia Pacific emerges as a critical region with rapidly expanding building activities and rising awareness for safer environments.
- North America remains a mature market with advanced regulatory frameworks pushing innovation in testing methods.

Market Segment and Regional Coverage
Comprehensive Segmentation and Classification of the Report:

» By Test Type: Bulk Sample Testing, Airborne Fiber Testing, Surface Sampling, Clearance Testing, and Others.
» By End User: Construction & Demolition, Industrial, Residential, Commercial, and Others.
» By Testing Method: Polarized Light Microscopy (PLM), Transmission Electron Microscopy (TEM), Phase Contrast Microscopy (PCM), and Others.

Regional and Country Analysis:
» North America: U.S. and Canada
» Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
» Europe: Germany, U.K., Spain, France, Italy, Benelux, Denmark, Norway, Sweden, Russia, and Rest of Europe
» Asia Pacific: China, Taiwan, India, Japan, South Korea, Indonesia, Malaysia, Philippines, Singapore, Australia, and Rest of Asia Pacific
» Middle East & Africa: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates, Israel, South Africa, North Africa, Central Africa, and Rest of MEA

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Key Players

- SGS SA
- Intertek Group plc
- Eurofins Scientific
- ALS Limited
- Bureau Veritas
- TestAmerica
- ACTS
- EMSL Analytical, Inc.
- Pace Analytical Services, LLC
- AquaLab
- North American Environmental Services
- Environmental Testing Services, Inc.
- Exova Group Limited
- Aegis Environmental
- RMC Environmental Services

Several market companies have deployed aggressive growth strategies to bolster their asbestos testing market share:
- Eurofins Scientific's acquisition of regional labs in 2024 expanded its geographic footprint and diversified service offerings, increasing market revenue by an estimated 7% in that year.
- Intertek Group plc implemented AI-driven testing technologies in 2025, reducing turnaround time by nearly 30%, enhancing customer retention and opening new market opportunities.
- SGS SA focused on strategic partnerships with environmental agencies to co-develop training and certification programs, validating its leadership position in market dynamics.

FAQs

1. Who are the dominant players in the Asbestos Testing Market?
Key market players include SGS SA, Intertek Group plc, Eurofins Scientific, ALS Limited, and Bureau Veritas, each exemplifying innovative testing methodologies and strategic expansions.

2. What will be the size of the Asbestos Testing Market in the coming years?
The market is anticipated to grow from USD 242.3 million in 2025 to USD 345.5 million by 2032, with a CAGR of 5.2%, driven by regulatory enforcement and infrastructure refurbishments.

3. Which end-user industry has the largest growth opportunity?
The construction and demolition sector presents the largest growth opportunity due to ongoing urban renewal projects and heightened asbestos abatement requirements.

4. How will market development trends evolve over the next five years?
Trends point toward increased adoption of AI-integrated testing, portable on-site kits, and mergers expanding service portfolios, collectively propelling enhanced efficiency and market expansion.

5. What is the nature of the competitive landscape and challenges in the Asbestos Testing Market?
The competitive landscape is marked by advances in rapid testing technologies and strategic alliances, while challenges include the high cost of sophisticated analytical equipment and regulatory compliance variances across regions.

6. What go-to-market strategies are commonly adopted in the Asbestos Testing Market?
Leading companies employ strategies such as geographic expansion through acquisition, investing in AI and automated testing technologies, and forming partnerships with regulatory bodies to strengthen market presence.

✍️ Author of this marketing PR:

Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc.

📌Contact Us:
Mr. Shah
Coherent Market Insights Pvt. Ltd,
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✉ Email: sales@coherentmarketinsights.com

About Us:

Coherent Market Insights leads into data and analytics, audience measurement, consumer behaviors, and market trend analysis. From shorter dispatch to in-depth insights, CMI has exceled in offering research, analytics, and consumer-focused shifts for nearly a decade. With cutting-edge syndicated tools and custom-made research services, we empower businesses to move in the direction of growth. We are multifunctional in our work scope and have 450+ seasoned consultants, analysts, and researchers across 26+ industries spread out in 32+ countries.

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