Global Biofuel Testing Services Market size was valued at USD 2.61 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 7% through 2024 to 2030, reaching nearly USD 4.20 Bn.Biofuel Testing Services Market Overview:
The Biofuel Testing Services market was valued at USD 2.61 Bn. in 2023, and it is expected to reach USD 4.20 Bn. by 2030 with a CAGR of 7% during the forecast period. Biofuels are combustible fuels derived from plants that have recently been harvested. They act similarly to fossil fuels in that they burn when ignited, generating energy that can be transferred to vehicle motion or home heating. Biofuel can be made from a variety of crops as well as by reusing waste plant matter from other industries.To know about the Research Methodology :- Request Free Sample ReportBiofuel Testing Services Market Dynamics:
Concerns about greenhouse gas emissions from fossil fuels, as well as oil price spikes, are driving biofuels forward. Biofuels are a potential alternative to fossil fuels and can help to solve a variety of environmental issues. The use of biofuels in engines and motors can help to minimise harmful emissions. The market for biofuel testing services is growing due to the benefits offered by biofuels and their rising demand. Biofuels have grown in popularity in recent years, since some governments have made significant efforts to reduce emissions and achieve "carbon neutrality." The quality of biofuel, on the other hand, is important to its performance and market acceptance, necessitating a high level of quality control. Biofuel testing services companies are focusing on strict compliance with international quality standards, as standardisation of biofuels ultimately aims to eliminate dependence on petroleum products. These are the key benefits of Biofuel Testing Services that drives the growth in the global market in the forecast period. Biofuel testing services needs a lot of labour. Biofuels are more expensive to produce heat due to their lower energy density and higher raw material costs. These are the major factors that restrains the growth of the global market in the forecast period.Biofuel Testing Services Market Segment Analysis:
The Global Biofuel Testing Services Market is segmented by Biofuel Tested Type, Location Type, and End Use. Based on the Biofuel Tested Type, the market is segmented into Ethanol, Biodiesel, Biogas, Green Diesel, and Others. Ethanol segment is expected to hold the largest market shares of xx% by 2030. Ethanol, often known as bioalcohol, is the most widely used liquid biofuel in the world. Sugar and starch found in plants such as sugarcane, corn, molasses, and wheat are fermented to make it. Drugs, plastics, lacquers, polishes, plasticizers, and cosmetics are all made with ethanol. In medicine, ethanol is used as a topical antiseptic and as an antidote for ethylene glycol or methanol overdose. These are the key benefits that drives the growth of the Ethanol segment in the global market in the forecast period. Based on the End Use, the market is segmented into Automotive, Biofuel Companies, Mining, Energy Generation, Refineries, and Others. Refineries segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2024-2030. Biofuel testing services are in high demand at refineries for quality testing of fuel grade ethanol, sustainability testing, and other related testing. In Karnataka, India, Mangalore Refinery and Petrochemicals Limited (MRPL) plans to build a second generation (2G) ethanol facility. LanzaTech has been awarded the contract to begin the basic engineering for an integrated processing facility to convert locally available agricultural residues into about 16,000 metric tonnes (5.3 million gallons) of fuel grade ethanol per year by MRPL, a leading Indian refining company based in Mangalore. The Indian government is promoting cellulosic ethanol manufacturing from agricultural waste and residues that would otherwise be burned. Conversion to ethanol not only provides a new source of income for local farmers, but it also aligns with the government's biofuels roadmap, which aims to increase production of 2G, non-food, or feed-based ethanol across the country by 2030 in order to meet the country's 20% ethanol blending mandate. These are the key factors that drives the growth of the Refineries segment in the global market in the forecast period.Regional Insights:
North America dominates the Global Market during the forecast period 2024-2030. North America is expected to hold the largest market shares of xx% by 2030. One of the major factors driving the growth of the biofuel testing services market is the high production of biofuels in the United States. This is the key factor that drives the growth in the global market in the forecast period. Europe is expected to hold the 2nd largest market shares of xx% during the forecast period 2024-2030. Due to the high biofuel production in the region, Europe holds a significant share of the biofuel testing services market after North America. This is expected to boost the biofuel testing services market in Europe. The headquarters of major biofuel testing service providers, such as Intertek Group plc, BUREAU VERITAS, SGS SA, and others, are located in Europe. The presence of key service providers in European countries, together with high biofuel production in Europe, is resulting in a significant CAGR for biofuel services in Europe. The objective of the report is to present a comprehensive analysis of the Global Biofuel Testing Services 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 helps in understanding the Global Biofuel Testing Services Market dynamic, structure by analyzing the market segments and project the Global Biofuel Testing Services Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Market make the report investor’s guide.Biofuel Testing Services Market Scope: Inquire before buying
Global Biofuel Testing Services Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: USD 2.61 Bn. Forecast Period 2024 to 2030 CAGR: 7% Market Size in 2030: USD 4.20 Bn. Segments Covered: by Biofuel Tested Ethanol Biodiesel Biogas Green Diesel Others by Location Type Off-Site Services On-Site Services by End Use Automotive Biofuel Companies Mining Energy Generation Refineries Others Biofuel Testing Services Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Biofuel Testing Services Market, Key Players are:
1. Intertek Group plc 2. BUREAU VERITAS 3. Eurofins Scientific 4. SGS SA 5. AmSpec, LLC 6. ALS Limited 7. Biofuel Systems Group Limited 8. Core Laboratories 9. Beta Analytic 10.SOCOTEC Group 11.AKSHAR ANALYTICAL LABORATORY & RESEARCH CENTRE 12.Chem-Tech Laboratories Private Limited 13.FOI Laboratories 14.Peak Petroleum Testing Services, Inc. 15.Fare Labs Private Limited 16.OthersFrequently Asked Questions:
1] What segments are covered in Biofuel Testing Services Market report? Ans. The segments covered in market report are based on Biofuel Tested Type, Location Type, and End Use. 2] Which region is expected to hold the highest share in the Global Biofuel Testing Services Market? Ans. North America is expected to hold the highest share in the Global Biofuel Testing Services Market. 3] Who are the top key players in the Global Biofuel Testing Services Market? Ans. Intertek Group plc, BUREAU VERITAS, Eurofins Scientific, SGS SA, AmSpec, LLC, and ALS Limited are the top key players in the Global market. 4] Which segment holds the largest market share in the Global Biofuel Testing Services market by 2029? Ans. Ethanol segment hold the largest market share in the Global market by 2030. 5] What is the market size of the Global Biofuel Testing Services market by 2030? Ans. The market size of the Global market is USD 4.20 Bn. by 2030. 6] What was the market size of the Global Biofuel Testing Services market in 2023? Ans. The market size of the Global market was worth USD 2.61 Bn. in 2023.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Biofuel Testing Services Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2023 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Biofuel Testing Services Market 3.4. Geographical Snapshot of the Biofuel Testing Services Market, By Manufacturer share 4. Global Biofuel Testing Services Market Overview, 2023-2030 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Biofuel Testing Services Market 5. Supply Side and Demand Side Indicators 6. Global Biofuel Testing Services Market Analysis and Forecast, 2023-2030 6.1. Global Biofuel Testing Services Market Size & Y-o-Y Growth Analysis. 7. Global Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 7.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 7.1.1. Ethanol 7.1.2. Biodiesel 7.1.3. Biogas 7.1.4. Green Diesel 7.1.5. Others 7.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 7.2.1. Off-Site Services 7.2.2. On-Site Services 7.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 7.3.1. Automotive 7.3.2. Biofuel Companies 7.3.3. Mining 7.3.4. Energy Generation 7.3.5. Refineries 7.3.6. Others 8. Global Biofuel Testing Services Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2023-2030 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 9.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 9.1.1. Ethanol 9.1.2. Biodiesel 9.1.3. Biogas 9.1.4. Green Diesel 9.1.5. Others 9.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 9.2.1. Off-Site Services 9.2.2. On-Site Services 9.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 9.3.1. Automotive 9.3.2. Biofuel Companies 9.3.3. Mining 9.3.4. Energy Generation 9.3.5. Refineries 9.3.6. Others 10. North America Biofuel Testing Services Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 11.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 11.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 11.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 12. Canada Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 12.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 12.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 12.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 13. Mexico Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 13.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 13.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 13.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 14. Europe Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 14.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 14.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 14.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 15. Europe Biofuel Testing Services Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 16.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 16.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 16.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 17. France Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 17.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 17.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 17.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 18. Germany Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 18.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 18.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 18.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 19. Italy Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 19.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 19.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 19.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 20. Spain Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 20.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 20.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 20.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 21. Sweden Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 21.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 21.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 21.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 22. CIS Countries Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 22.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 22.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 22.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 23. Rest of Europe Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 23.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 23.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 23.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 24. Asia Pacific Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 24.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 24.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 24.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 25. Asia Pacific Biofuel Testing Services Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 26.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 26.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 26.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 27. India Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 27.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 27.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 27.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 28. Japan Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 28.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 28.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 28.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 29. South Korea Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 29.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 29.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 29.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 30. Australia Crushing and Screening Systems Market Analysis and Forecasts, 2023-2030 30.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 30.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 30.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 31. ASEAN Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 31.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 31.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 31.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 32. Rest of Asia Pacific Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 32.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 32.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 32.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 33. Middle East Africa Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 33.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 33.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 33.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 34. Middle East Africa Biofuel Testing Services Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2023-2030 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 35.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 35.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 35.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 36. GCC Countries Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 36.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 36.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 36.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 37. Egypt Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 37.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 37.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 37.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 38. Nigeria Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 38.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 38.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 38.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 39. Rest of ME&A Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 39.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 39.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 39.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 40. South America Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 40.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 40.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 40.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 41. South America Biofuel Testing Services Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2023-2030 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 42.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 42.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 42.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 43. Argentina Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 43.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 43.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 43.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 44. Rest of South America Biofuel Testing Services Market Analysis and Forecasts, 2023-2030 44.1. Market Size (Value) Estimates & Forecast By Biofuel Tested Type, 2023-2030 44.2. Market Size (Value) Estimates & Forecast By Location Type, 2023-2030 44.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2030 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Biofuel Testing Services Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Intertek Group plc 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. BUREAU VERITAS 45.3.3. Eurofins Scientific 45.3.4. SGS SA 45.3.5. AmSpec, LLC 45.3.6. ALS Limited 45.3.7. Biofuel Systems Group Limited 45.3.8. Core Laboratories 45.3.9. Beta Analytic 45.3.10. SOCOTEC Group 45.3.11. AKSHAR ANALYTICAL LABORATORY & RESEARCH CENTRE 45.3.12. Chem-Tech Laboratories Private Limited 45.3.13. FOI Laboratories 45.3.14. Peak Petroleum Testing Services, Inc. 45.3.15. Fare Labs Private Limited 45.3.16. Others 46. Primary Key Insights