Meticulous Research® – leading global market research company published a research report titled “Environmental Testing Market by Product (Mass Spectrometers, Chromatography Products, Molecular Spectroscopy Products, Toc Analyzers, PH Meters, Dissolved Oxygen Analyzers, Conductivity Sensors, Turbidity Meters), Sample (Wastewater/Effluent, Soil, Water, Air), Technology (Conventional, Rapid), Contaminant (Microbes, Organic Compounds, Heavy Metals, Residues, Solids), End Users (Agriculture and Irrigation Sector, Government Institutes and R&D Laboratories, Industrial Product Manufacturers, Forestry and Geology, Others) and Region - Global Forecast to 2025’’.
Browse in depth report: https://www.meticulousresearch.com/product/environmental-testing-market-5002
Water pollution is increased in both developed and developing countries, undermining economic growth as well as the physical and environmental health of billions of people. Although global attention has focused primarily on water quantity, water-use efficiency, and allocation issues, poor wastewater management has created serious water-quality problems in many parts of the world, worsening the water crisis. In polluted water, many toxins are present, and these toxins are harmful to the human body. Moreover, innovative rapid technologies are used for separating chemical substances from water. Lead DIY Test Kit, Mold DIY Test Kit, Asbestos DIY Test Kit, and Air Quality DIY Test Kit are the only certified laboratory environmental test kits. These innovative kits are used for testing of water, soil, and air. Therefore, innovative rapid technologies provide significant growth opportunity for vendors in environmental testing market.
The environmental testing market study presents historical market data in terms of value (2017 and 2018), estimated current data (2019), and forecasts for 2025 - by product, sample, technology, contaminant, and end users. The study also evaluates industry competitors and analyzes the market at regional and country level.
Wastewater/Effluent Segment Dominated the Global Environmental Testing Market, by Sample
Wastewater/effluent segment accounted for the largest market share of the global environmental testing market in 2018. The large market share of this segment is attributed to increasing wastewater with the growth in industrial activities, growing environmental concern related to waste disposal and treatment, and regulations on wastewater disposal.
Organic Compounds Segment Dominated the Global Environmental Testing Market, by Contaminant
Organic compounds accounted for the largest market share, owing to its high level of emissions and sustained growth in consumption, mainly of hydrocarbons. It is also the fastest growing market during the forecast period.
Asia-Pacific: The Fastest Growing Regional Market
North America commanded the largest share of the global environmental testing market in 2018, followed by Europe, Asia-Pacific, Latin America, and Middle East & Africa. However, Asia-Pacific is the fastest growing regional market due to infrastructure development, growing awareness regarding environmental pollution, sustainable transformation of environmental policies, and various energy-related projects.
Key Players in the Environmental Testing Market
The report includes an extensive assessment of the key strategic developments adopted by the leading market participants in the industry over the past 4 years (2016-2019). For instance, in October, 2016, SGS S.A. acquired AXYS Analytical Services Ltd. (AXYS). AXYS is the North American leader in ultra-trace analysis of Persistent Organic Pollutants (POPs) and Contaminants of Emerging Concerns (CECs). This acquisition strengthened its services portfolio as well as enhanced the existing environmental network.
The major players operating in the environmental testing market are SGS S.A. (Switzerland), Eurofins Scientific (Luxembourg), Intertek Group plc (U.K.), Bureau Veritas S.A.(France), Asurequality Limited (New Zealand), ALS Limited (Australia), R J Hill Laboratories Ltd. (New Zealand), Romer Labs Inc. GmbH (Germany), Agilent Technologies Inc. (U.S.), AB Sciex LLC (U.S.), TÜV SÜD AG (Germany), Microbac Laboratories, Inc. (U.S.), and Symbio Laboratories (Australia).
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