According to the report, the global environmental testing market reached a value of USD 9.5 billion in 2022. Aided by the rising demand for a healthier environment and the escalating applications of environmental testing in multiple industries, the market is projected to further grow at a CAGR of 8.1% between 2023 and 2028 to reach a value of USD 15.16 billion by 2028.
Environmental testing involves the analysis of various samples of water, air, soil, and waste to determine their quality and impact on both human health and the environment. The gathered data assists in assessing and managing environmental risks, ensuring regulatory compliance, and maintaining sustainable operations. Furthermore, environmental testing is instrumental in monitoring and controlling pollution levels and plays a significant role in waste management, water treatment, and other ecological conservation activities.
The increasing public consciousness for a healthier environment is the primary driver for the global environmental testing market growth. As awareness regarding the adverse effects of environmental pollution rises, there has been a notable shift towards sustainable practices, leading to an amplified demand for environmental testing services. In addition, the growing prevalence of diseases associated with environmental pollution has further emphasized the importance of environmental testing.
The diversifying applications of environmental testing across several industries also play a crucial role in fuelling the environmental testing market development. In the industrial sector, environmental testing is used for monitoring and controlling the emission of pollutants. The agriculture industry utilises environmental testing to assess soil health and quality for optimised crop yield. Similarly, the healthcare sector relies on these testing services to understand the relationship between environmental factors and human health.
Moreover, the increasing enactment of stringent environmental regulations is giving rise to the demand for environmental testing services, propelling the environmental testing market expansion. Governments worldwide are implementing strict policies and norms concerning waste management, emission control, and environmental safety, thereby positioning environmental testing as an essential service.
Further, the growing emphasis on sustainable development in both the private and public sectors has increased the focus on environmental testing. With the surge of green buildings and the rising popularity of sustainable business practices, environmental testing has emerged as a key player in measuring and maintaining environmental performance, thereby fostering environmental testing market growth.
This high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of these reports today.
*The publisher always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Environmental testing involves the analysis of various samples of water, air, soil, and waste to determine their quality and impact on both human health and the environment. The gathered data assists in assessing and managing environmental risks, ensuring regulatory compliance, and maintaining sustainable operations. Furthermore, environmental testing is instrumental in monitoring and controlling pollution levels and plays a significant role in waste management, water treatment, and other ecological conservation activities.
The increasing public consciousness for a healthier environment is the primary driver for the global environmental testing market growth. As awareness regarding the adverse effects of environmental pollution rises, there has been a notable shift towards sustainable practices, leading to an amplified demand for environmental testing services. In addition, the growing prevalence of diseases associated with environmental pollution has further emphasized the importance of environmental testing.
The diversifying applications of environmental testing across several industries also play a crucial role in fuelling the environmental testing market development. In the industrial sector, environmental testing is used for monitoring and controlling the emission of pollutants. The agriculture industry utilises environmental testing to assess soil health and quality for optimised crop yield. Similarly, the healthcare sector relies on these testing services to understand the relationship between environmental factors and human health.
Moreover, the increasing enactment of stringent environmental regulations is giving rise to the demand for environmental testing services, propelling the environmental testing market expansion. Governments worldwide are implementing strict policies and norms concerning waste management, emission control, and environmental safety, thereby positioning environmental testing as an essential service.
Further, the growing emphasis on sustainable development in both the private and public sectors has increased the focus on environmental testing. With the surge of green buildings and the rising popularity of sustainable business practices, environmental testing has emerged as a key player in measuring and maintaining environmental performance, thereby fostering environmental testing market growth.
Market Segmentation
The market can be divided based on type, tested target, technology, and region.Market Breakup by Type
- Soil
- Air
- Water
- Wastewater/Effluent
Market Breakup by Tested Target
- Organic Compounds
- Microbial Contamination
- Heavy Metals
- Residue
Market Breakup by Technology
- Rapid Method
- Conventional
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global environmental testing companies. Some of the major key players explored in the report are as follows:- Eurofins Scientific
- Intertek Group plc
- SGS Société Générale de Surveillance SA
- Agilent Technologies, Inc.
- Aralab
- ALS Limited
- Microbac Laboratories, Inc.
- TÜV SÜD AG
- AsureQuality
- Merieux NutriSciences
- R J Hill Laboratories Limited
- Bureau Veritas Hong Kong Limited
- Symbio Laboratories
- Suburban Testing Labs
- Others
About the Publisher
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.This high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of these reports today.
*The publisher always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope4 Key Assumptions7 Opportunities and Challenges in the Market16 Key Trends and Developments in the Market
3 Report Description
5 Executive Summary
6 Market Snapshot
8 Global Environmental Testing Market Analysis
9 North America Environmental Testing Market Analysis
10 Europe Environmental Testing Market Analysis
11 Asia Pacific Environmental Testing Market Analysis
12 Latin America Environmental Testing Market Analysis
13 Middle East and Africa Environmental Testing Market Analysis
14 Market Dynamics
15 Competitive Landscape
List of Key Figures and Tables
Companies Mentioned
- Eurofins Scientific
- Intertek Group plc
- SGS Société Générale de Surveillance SA
- Agilent Technologies, Inc.
- Aralab
- ALS Limited
- Microbac Laboratories, Inc.
- TÜV SÜD AG
- AsureQuality
- Merieux NutriSciences
- R J Hill Laboratories Limited
- Bureau Veritas Hong Kong Limited
- Symbio Laboratories
- Suburban Testing Labs
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 168 |
Published | September 2023 |
Forecast Period | 2023 - 2028 |
Estimated Market Value ( USD | $ 10.27 Billion |
Forecasted Market Value ( USD | $ 15.16 Billion |
Compound Annual Growth Rate | 8.1% |
Regions Covered | Global |
No. of Companies Mentioned | 14 |