Chemical Testing Services Market is Expected to Reach Approximately US$ 30 Bn in Revenues by 2025-End
In order to facilitate ease of understanding of the market and to provide more clarity on the different aspects of the global chemical testing services market, the report segments the market on the basis of testing service, sample type, and end use. Future Market Insights performs a detailed analysis of the global chemical testing services market across the key geographies of North America, Latin America, Europe, Asia Pacific (APAC), and Middle East and Africa (MEA).
Key takeaways from the report
The global chemical testing services market will expand at a significant growth rate of 5.0% during the forecast period, and will reach a market valuation in excess of US$ 30 Bn by the end of 2025
Chemical Regulatory Compliance Testing segment by Testing Service will dominate the global market during the assessment period, with a value CAGR of 6.2%, the highest among all the testing service types. This segment will hold a consistent value share of more than 25% throughout the forecast period
ABC Market Report Overview @ https://www.futuremarketinsights.com/reports/chemical-testing-services-market
By Sample Type, the Petrochemicals segment will register the highest segmental CAGR of 5.9% during 2017 – 2025 followed by the Polymers & Plastics segment at 5.7%
Among the End Use segments, Consumer Goods will continue to dominate the global chemical testing services market throughout the forecast period in terms of value. This segment will reach a market valuation in excess of US$ 20 Bn by the end of 2025, up from an estimated US$ 15 Bn in 2017. Manufacturing will hold the second position among end use segments, recording a CAGR of 5.6% during the forecast period
The regional chemical testing services markets will witness parallel growth in terms of CAGR during the period of forecast, with APAC registering the highest CAGR of 5.3%. However, in terms of market share, Europe will lead the global market with a value share of 36% estimated to be recorded in the years 2017 and 2025
Overall market approach and differentiating strategy
The Future Market Insights report identifies a solution oriented approach in the global chemical testing services market, and key players would be well advised to strengthen partnerships with other stakeholders across the value chain for better output. Market consolidation is another approach that can be seen in the global market, where a strengthening of the integration capabilities with the existing application landscape can be witnessed on a large scale. Backward integration has also been observed to a great deal across the global chemical testing services market. Future Market Insights advises players in the global market to target emerging economies such as Asia Pacific, Latin America, and the Middle East & Africa, as these regions are likely to witness good growth potential for chemical testing services in the coming years.
Request to View Table of Content@ https://www.futuremarketinsights.com/reports/chemical-testing-services-market/toc
The report studies the business operations and strategies of some of the leading companies operating in the global chemical testing services market such as Intertek Group Plc, Bureau Veritas, SGS SA, TÜV NORD AG, UL LLC, SAI Global Limited, Aspirata Auditing Testing And Certification (Pty) Ltd, SCS Global Services, TÜV Rheinland Group, MISTRAS Group, AsureQuality Limited, Nippon Kaiji Kentei Kyokai, Dekra SE, Lloyd’s Register Group Services Limited, Indocert, ALS LIMITED, ASTM International, Exova Group plc, BSI Group, and Eurofins Scientific.
A Sample Report is Available Upon Request @ https://www.futuremarketinsights.com/reports/sample/rep-gb-4559
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
You can edit or delete your press release Chemical Testing Services Market is Expected to Reach Approximately US$ 30 Bn in Revenues by 2025-End here
News-ID: 707844 • Views: 171
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for Testing
Software Testing Company
QA Mentor is a global leader in Software Quality Assurance and Testing space. Serving 260 clients from Fortune 500 to start ups in 28 countries, QA Mentor supports applications in 9 different industries. With unique products propositions from a crowdsourcing platform with a pool of 12,000 crowdsourced testers to a test management platform, unique and economical services offerings and QA education from e-learning and corporate training. QA mentor is software testing
Herpes Markers Testing Market
According to the latest market report published by Persistence Market Research titled ‘Herpes Marker Testing Market: Global Industry Analysis (2012 – 2016) & Forecast (2017 – 2025)’, the global market is expected to be valued at US$ 481.8 Mn by 2025 and expand at a CAGR of 6.1% over the forecast period (2017–2025). The overall market is anticipated to grow 1.7x in terms of value over the forecast period. Market Dynamics Certain
Leak Testing 101
Learn the Who What When Where Why and How's of Leak Testing! What is leak testing? Leak testing is a form of non-destructive quality control testing that tests manufactured parts to make sure fluids can’t leak into or out of the part. When is leak testing used? When people think of leak testing, they may think of a leaky water bottle or a gas tank, but there are many less obvious applications from all
Cannabis Testing Market
Cannabis is a flowering plant predominantly found is Africa, Asia, and the Americas. Cannabis is non-conventionally used as a hemp fiber, hemp oils, used for medicinal resolutions, and as a frivolous drug. Industrial hemp crops are produced from the cannabis plants, which produce a plenty of fiber. To gratify the UN Narcotics Convention, some of the cannabis strains are raised to produce nominal levels of tetrahydrocannabinol, the main psychoactive component.
Test Automation Market Segments: web services testing, acceptance testing, compa …
The “Test Automation Market” report provides analysis of the global test automation market for the period 2014–2024, wherein the years from 2016 to 2024 is the forecast period and 2015 is considered as the base year. The report precisely covers all the major trends and technologies playing a major role in the test automation market’s growth over the forecast period. It also highlights the drivers, restraints, and opportunities expected to
Performance Testing Services India
Texas (USA), Canada (Toronto) & India (Business Network) : Suma Soft specializes in delivering efficient Performance Testing Services in India that solve performance defects and are designed to meet demands at any stage of the software development life cycle. Our testing team helps clients determine how a system performs in terms of responsiveness and stability of an application under particular load. By conducting extensive research, our experienced testers develop testing