Environmental Testing Market: Global Industry Analysis and Forecast (2024-2030)

The Environmental Testing Market reached a value of US $ 10.39 Bn. in 2023. Global Environmental Testing Market size is estimated to grow at a CAGR of 7.6%.
Environmental Testing Market Overview:
The Environmental testing involves testing a product through its limits in every potential use and storage situation. Global Environmental analysis entails identifying particular aspects of a product that do not fulfill environmental criteria and devising solutions to address these issues. Environmental testing includes examining the quality of air, water, and soil to determine their impact on human health and the environment. Environmental testing is an important aspect of attempts to reduce pollution in local and regional air, water, and land. Growing concerns about food, air, and water safety, as well as stricter environmental regulations around the world, have increased the demand for contamination testing, resulting in increasing demand for Environmental testing.To know about the Research Methodology :- Request Free Sample Report
Global Environmental Testing Market Dynamics:
Growing efforts to create a harmonious relationship with environmental preservation have increased the number of environmental regulations in countries across the globe. These regulations have resulted in significant benefits in terms of preventing illnesses and saving lives. Environmental laws are becoming more stringent, necessitating the development of comprehensive and impactful solutions in the global market. The huge beneficial influence of numerous governmental legislation connected to ecological and environmental protection has greatly improved water and air quality in places, which had environmental concerns. These regulations have created a requirement for corporate players and industrial producers to conduct environmental sampling testing, certification, and inspection. These factors are expected to boost the global market's growth over the forecast period.

Environmental testing is used to determine the level of contamination in natural resources and to investigate its impact on all living things. Large-scale releases of manmade waste have a global impact on environmental circumstances. The excessive air pollution caused by the presence of high levels of greenhouse gases is responsible for global warming. To measure the level of contamination, environmental testing employs both traditional and advanced technical procedures. Environmental testing is been becoming more important as unfavorable health consequences on individuals, such as physical disabilities and diseases, are becoming more common as a result of increased pollution in the environment. These factors are expected to boost the market growth across the globe.

The growing concerns regarding environmental pollution are driving the market growth across the globe. According to WHO, 9 out of 10 people across the globe are living in places where air quality exceeds WHO guidelines limits, 0.0042 billion deaths every year occur as a result of exposure to air pollution. Pollutants such as nitrogen dioxide and PM2.5 particulate matter are released by transportation, industrial activities, and household burning are responsible for air pollution. The PM2.5 denotes particulate matter in the atmosphere with a diameter of fewer than 2.5 micrometers. PM2.5 levels are dangerously high in many places throughout the world, particularly in developing countries like India and China. For Instance, in 2023, Delhi from India was the most polluted city across the globe with an average PM2.5 concentration of 84.1 mg per cubic meter of air (μg/m³). This was more than eight times higher than the average PM2.5 concentrations in London that year. These factors are creating the need for Environmental testing systems across the globe.

The high sensitivity issues along with the high costs associated with the system are expected to face a major challenge to the growth of the environmental testing market. Nonetheless, the advent of low-cost environmental testing equipment that produces accurate results, as well as the expanding number of businesses, are variables that are expected to fuel the market growth during the forecast period.
Global Environmental Testing Market Segment Analysis:
Based on the Sample, the Environmental Testing Market is segmented into Soil, Water, Air, Petrochemicals, and Others. The Water Sample segment held the largest market share, accounting for xx% in 2023. The increasing number of water treatment plants and government regulations governing the discharge of water from chemical companies are driving demand for water testing services across the globe. Growing concerns about water pollution and spreading diseases through water contamination, such as typhoid, cholera, etc. are gaining focus on the need for testing requirements. The widespread use of water-related products in the food and beverage industry, as well as increasing investment by these industries in sophisticated testing services to improve product quality, are boosting the environmental market growth for this segment.

Based on the Technology, the Environmental Testing Market is segmented into Rapid and Conventional. The Rapid segment held the largest market share, accounting for 59% in 2023. The increasing number of potentially harmful pollutants in the atmosphere is creating rapid and cost-effective analytical techniques for detection and monitoring programs.

Based on the Target Tested, the Environmental Testing Market is segmented into Microbial Contamination, Organic Compounds, Heavy Metals, Residues, and Solids. The Organic Compounds segment held the largest market share, accounting for xx% in 2023. The risk of health problems increases by breathing in even low-level Volatile Organic Compounds (VOCs). As a result, health concerns caused by organic compound contaminants are expected to gain attention for the environmental testing, which is expected to boost market growth for this segment.
Regional Insights:
North America region held the largest market share accounted for 38% in 2023. The region's growth is primarily attributed to the high presence of the industrial environment and growing government regulation implemented for environmental protection. In addition, there are several environmental concerns, such as climate change, greenhouse gas emission, and acid rain are enforcing various environmental protection policies. Asia Pacific region is expected to witness significant growth at a CAGR of 7.81% during the forecast period. The region's growth is attributed to growing awareness about environmental issues, and increasing various energy-related projects.

The objective of the report is to present a comprehensive analysis of the Environmental Testing Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Environmental Testing Market dynamic, structure by analyzing the market segments and projecting the Environmental Testing Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Environmental Testing Market make the report investor’s guide.
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Global Environmental Testing Market


Report Coverage
Details


Base Year:
2023
Forecast Period:
2024-2030


Historical Data:
2018 to 2023
Market Size in 2023:
US $ 10.39 Bn.


Forecast Period 2024 to 2030 CAGR:
7.6%
Market Size in 2030:
US $ 17.35 Bn.


 Segments Covered:
by Sample
Water
Soil
Air
Petrochemicals
Others


by Technology
Rapid
Conventional


by Target Tested
Microbial Contamination
Organic Compounds
Heavy Metals
Residues
Solids


by End-User
Agriculture and Irrigation Sector
Government Institutes and R&D Laboratories
Industrial Product Manufacturers
Forestry and Geology
Others



By Region
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
North America (United States, Canada and Mexico)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Global Environmental Testing Market Key Players
1. SGS SA
2. Eurofins
3. Intertek
4. Bureau Veritas
5. ALS
6. TÜV SÜD
7. Asure Quality
8. Merieux
9. Microbac
10. R J Hill Laboratories
11. Symbio
12. Alex Stewart
13. EMSL Analytical Services
14. Hydrologic Associates
15. Environmental Testing, Inc.
16. Alpha analytical
17. Advanced Environmental Testing
18. American Environmental Testing Lab
19. Pace Analytical
20. AnaLabs
21. Agilent Technologies Inc.

Frequently Asked Questions:

1] What segments are covered in the Environmental Testing Market report?
Ans. The segments covered in the Environmental Testing Market report are based on Sample, Technology, Target Tested, and End-Use.

2] Which region is expected to hold the highest share in the Environmental Testing Market?
Ans. The North American region is expected to hold the highest share in the Environmental Testing Market.

3] What is the market size of the Environmental Testing Market by 2030?
Ans. The market size of the Environmental Testing Market by 2030 is US $ 17.35 Bn.

4] What is the forecast period for the Environmental Testing Market?
Ans. The Forecast period for the Environmental Testing Market is 2024-2030.

5] What was the market size of the Environmental Testing Market in 2023?
Ans. The market size of the Environmental Testing Market in 2023 was US $ 10.39 Bn.