USD 7.95 billion
Environmental Testing Market Size, Share, Growth Analysis, By Sample(Wastewater/Effluents, Soil, Water, Air), By Target Tested(Microbial Contaminants, Organic Compounds, Heavy Metals, Residues), By Technology(Rapid, Conventional), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG20L2032 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|Tables:
92
|Figures:
77
Environmental Testing Market Insights
Environmental Testing Market size was valued at USD 7.95 billion in 2019 and is poised to grow from USD 8.62 billion in 2023 to USD 17.67 billion by 2031, growing at a CAGR of 8.4% in the forecast period (2024-2031).
Environmental testing aims at determining the amount of contaminants in the natural environment and identifying their impact on all living life. The emission of a massive amount of artificial and natural waste has a negative impact on the ecosystem, leading to global warming. Maintaining the proper amounts of all components in the environment is essential for a long-term future. Strict environmental rules and regulations, as well as the active participation of various governments and agencies in monitoring environmental conditions, will boost demand for environmental testing, during the projection period. Growing industrial activity and pollution in developing economies has raised public awareness of environmental degradation; which further contributes to the industry growth.
US Environmental Testing Market is poised to grow at a sustainable CAGR for the next forcast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Conventional
Fastest Growth
Conventional
Growth Rate
8.4% CAGR
Global Environmental Testing Market, 2021-2028 ($ Bn)
Country Share for North America Region- 2021 (%)
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Environmental Testing Market Segmental Analysis
The Global Environmental Testing Market is segmented on the basis of sample, target tested, technology, and region. Based on the sample, the Environmental Testing Market is segmented into wastewater/effluents, soil, water, and air. Based on the target tested, the Environmental Testing Market is segmented into microbial contaminants, organic compounds, heavy metals, residues, and solids. Based on the technology, the Environmental Testing Market is segmented into rapid and conventional. Based on region, the Environmental Testing Market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Environmental Testing Market Analysis by Sample
In 2021, the soil test segment held the most lucrative share of more than 30% of the global environmental testing market. Soil test comprises soil analysis performed for assisting towns, farmers, environmental agencies, and others in designing environmentally sound soil management strategies. The tests are performed for a variety of reasons, including soil analysis to optimize crop production, environmental protection from runoff and leaching of excess fertilizers, assisting in the diagnosis of plant culture problems, improving the nutritional balance of the growing media, and saving money and energy by applying only the amount of fertilizer required.
Environmental Testing Market Analysis by Target Tested
In 2021, the microbial contaminants segment held the most lucrative share of more than 20% of the global environmental testing market. Specific microorganisms are detected using selective media that augments the growth of certain organisms and suppresses the growth of other microbes. The culture plate method has been widely utilized for routine contamination detection in materials. The procedure is, however, time-consuming and labor-intensive. The International Organization for Standardization (ISO) publishes culture method protocols, which are acknowledged as internationally approved reference procedures for pathogen detection.
Environmental Testing Market Analysis by Technology
In 2021, the conventional segment held the most lucrative share of more than 30% of the global environmental testing market. The conventional method for environmental testing involves identifying contaminants using culture media, biological oxygen demand (BOD), and chemical oxygen demand (COD). These are some of the most used methods for analyzing environmental materials. These tests are less expensive and provide qualitative information on the quality of environmental samples as well as the presence or absence of pollutants. The need to monitor environmental changes on a regular basis is projected to increase the usage of conventional environmental tests. The confirmative and quantitative quick approach is used if the results of conventional tests alter. pH, lime requirement, macro-elements, particle size measurement, and soluble salt presence are all conventional procedures for assessing air, water, and air samples. In comparison to the rapid approaches, the conventional method does not provide an accurate result for testing; which might negatively influence the market growth during the forecast period.
Global Environmental Testing Market By Technology, 2021 (%)
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Environmental Testing Market Regional Insights
The Global Environmental Testing Market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. In 2021, the North American region held the most substantial share of the market. The regional growth of the market is attributed to the numerous initiatives taken by authoritative entities in North American countries mainly the US and Canada. The US's environmental situation has improved over time. Environmental testing laboratories in Canada are constantly working to enhance air quality, and the Mexican government's continued financing to assure wastewater treatment is likely to fuel the industry in North America. Also, the US has a well-developed environmental testing market, and it is expected to have the largest market share over the projection period.
Global Environmental Testing Market By Geography, 2021-2028
- Largest
- Fastest
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Environmental Testing Market Dynamics
Environmental Testing Market Driver
- The key factor that drives the industry growth includes stringent environmental regulations pertaining to cleaner fuels to fuel-air testing demand. Environmental regulations have saved countless lives and prevented illnesses, particularly through the reduction in airborne particles. Environmental regulations have significantly improved air and water quality, particularly in places that were formerly polluted. Environmental samples analyzed by the government and manufacturing companies have been subjected to testing, inspection, and certification as a result of government regulations and legislation. Inspection, sampling, and testing services of environmental samples to determine the presence of pollutants and toxins have been regulated by regulatory authorities. These organizations have implemented a variety of programs to raise awareness and establish testing standards in order to assure environmental safety and reduce the health hazards linked with pollution; which is expected to positively influence the environmental testing industry growth during the forecast period.
Environmental Testing Market Restraint
- The aspect that hinders the industry growth includes the need for high capital investments for the sensitive and accurate analytical testing of the sample. Laboratory analysts need to use advanced testing technology due to high expenses and significant sample preparation. Environmental testing has changed dramatically as a result of a wide range of existing testing methodologies and the introduction of new technologies for conducting environmental sample testing. Advanced technologies for environmental testing include liquid chromatography, high-performance liquid chromatography, and spectrometry. Technologies are sensitive, precise, and productive. The indicated technologies, on the other hand, have a high equipment cost, significant sample preparation, and calibration challenges, all of which limit market expansion. The majority of analytical procedures are only applicable for certain samples including soil, water, and effluent, while some are used to evaluate air samples. This is likely to limit the growth of the market during the forecast period.
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Environmental Testing Market Competitive Landscape
The market is fragmented in nature. The prominent players operating in the market are constantly adopting various growth strategies in order to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D in order to supply industries with the most efficient and cost-effective solutions.
Environmental Testing Market Top Player’s Company Profiles
- Eurofins
- Intertek
- Alex Stewart
- Bureau Veritas SA
- ALS Limited
- SGS SA
- Agilent Technologies, Inc.
- Thermo Fisher Scientific Inc.
- Asurequality Limited
- Mérieux Nutrisciences Corporation
- Romer Labs Division Holding GmbH
- R J Hill Laboratories Ltd.
- Symbio Laboratories Pty Ltd.
- Microbac Laboratories, Inc.
- Pace Analytical Services, LLC
- Element Materials Technology Group Limited
- Exova Group Limited
- UL LLC
- LGC Limited
- Suburban Testing Labs
- Environmental Testing, Inc.
Environmental Testing Market Recent Developments
- In March 2022, Pace announced the acquisition of Specified Testing Laboratories, LLC. Specified is a holding business having five recognized environmental and food and beverage testing laboratories in its portfolio.
Environmental Testing Key Market Trends
- One of the key trends in the global environmental testing market is the increasing demand for environmental testing from various industries. Increased industrialization in regions such as the Asia-Pacific and Africa has increased awareness among the people regarding environmental pollution and degradation. As a result, various environmental protection legislation has been enacted, creating a significant opportunity for the environmental testing market. In the next five years, various changes and new environmental safety standards are projected to be implemented, mostly in developing economies such as the Asia-Pacific area, due to increased pollution and environmental contamination. The continued development of new testing methods for contaminants such as pesticide residues, heavy metals, and organic compounds is likely to drive the environmental testing market forward.
Environmental Testing Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, By sample, the soil segment is projected to hold a dominating share during the period. By target tested, the microbial contaminants segment is projected to hold a dominating share during the period. By technology, the conventional segment is projected to hold a dominating share during the period. By region, the North American region held the most substantial share of the market in 2021. The regional growth of the market is attributed to the numerous initiatives taken by authoritative entities in North American countries mainly the US and Canada.
| Report Metric | Details |
|---|---|
| Market size value in 2019 | USD 7.95 billion |
| Market size value in 2031 | USD 17.67 billion |
| Growth Rate | 8.4% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Environmental Testing Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Environmental Testing Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Environmental Testing Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Environmental Testing Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Environmental Testing Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Environmental Testing Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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