REDDING, Calif., July 29, 2024 /PRNewswire/ -- According to a new
market research report titled, 'Environmental
Testing Market by Products (Mass
Spectrometers, pH meters), Sample, Contamination, End
User (Agriculture and Irrigation, Government and R&D
Laboratories, Industrial Product Manufacturers), and
Geography—Global Forecast to 2031', the environmental testing
market is projected to reach $17.1
billion by 2031, at a CAGR of 8.6% during the
forecast period 2024–2031.
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Environmental testing is the process of monitoring &
analyzing environmental performance and its effects on living
organisms. The measurement of the parameters includes temperature
sensitivity, humidity, solar radiations, vibrations, fungus,
acoustic measurements, and others.
The growth of the environmental testing market is primarily
driven by the increasing government regulations related to
environment protection, rising awareness about environmental
pollution, and growing need for cost-effective and time-saving
customized environmental testing services. However, the high
operational costs associated with environmental testing restrain
the growth of this market.
Moreover, the rising adoption of environmental testing solutions
in government and R&D laboratories is expected to generate
growth opportunities for the players operating in this market.
However, a significant challenge impacting the growth of the
environmental testing market is the lack of knowledge regarding
environmental testing solutions.
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The environmental testing market is segmented by product (mass
spectrometers, chromatography, molecular spectroscopy, TOC
analyzers, pH meters, dissolved oxygen analyzers, conductivity
sensors, turbidity meters, and other products), sample
(wastewater/effluent, soil, water, air, and other sample),
contamination (microbial contamination, organic compounds, heavy
metals, residues, and solids), and end user (government and R&D
laboratories, industrial product manufacturers, agriculture &
irrigation, and other end users). The study also evaluates industry
competitors and analyzes the market at the regional & country
levels.
Based on product, the environmental testing market
is segmented into mass spectrometers, chromatography, molecular
spectroscopy, TOC analyzer, pH meters, dissolved oxygen analyzers,
conductivity sensors, turbidity meters, and other products. In
2024, the mass spectrometers segment is expected to account for the
largest share of around 26.0% of the environmental testing
market. The segment's large share is attributed to the growing
demand for monitoring the soil for organic contaminants, including
fertilizers, pesticides, and industrial chemicals; the rising need
to monitor and detect trace levels of pollutants; rising
applications of mass spectrometry in environmental testing such as
drinking water testing, carbon dioxide and pollution monitoring.
Moreover, this segment is expected to record the highest CAGR
during the forecast period 2024–2031.
Based on sample, the global environmental testing market
is segmented into wastewater/effluent, soil, water, air, and other
samples. In 2024, the wastewater/effluent segment is expected to
account for the largest share of the environmental testing market.
The segment's large share is attributed to the increasing
wastewater with the growth in industrial activities, growing
environmental concerns related to waste disposal & treatment,
regulations on wastewater disposal, rapid urbanization, increase in
health standards, and demand for clean water. Moreover, this
segment is expected to record the highest CAGR during the forecast
period 2024–2031.
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Based on contamination, the global environmental testing
market is segmented into microbial contamination, organic
compounds, heavy metals, residues, and solids. In 2024, the organic
compounds segment is expected to account for the largest share of
around 32.0% of the environmental testing market. The large
market share of this segment is attributed to the high level of
emissions and sustained growth in consumption, mainly of
hydrocarbons, rising awareness about environmental pollution, and
the increasing need to measure & monitor the presence of
volatile organic compounds present in the sample. Moreover, this
segment is expected to record the highest CAGR during the forecast
period 2024–2031.
Based on end user, the global environmental testing
market is segmented into government and R&D laboratories,
industrial product manufacturers, agriculture and irrigation, and
other end users. In 2024, the government and R&D laboratories
segment is expected to account for the largest share of around
38.0% of the global environmental testing market. The large
market share of this segment is attributed to the rising adoption
of environmental testing solutions in forestry departments, geology
departments, and municipal authorities; increasing government
regulations related to environmental protection and increasing
concerns regarding environmental pollution.
However, the agriculture & irrigation segment is expected to
record the highest CAGR during the forecast period 2024–2031.
Based on geography, the global environmental testing
market is segmented into North
America, Europe,
Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, North America is expected to account for the
largest share of around 37.0% of the environmental testing
market. However, Asia-Pacific is
expected to witness the highest CAGR of 11.5% during the
forecast period 2024-2031. The rapid market growth in Asia-Pacific can be attributed to increasing
awareness of environmental issues, expanding energy-related
projects, and the growing presence of environmental testing product
providers in China, Japan, and India. Governments in the Asia-Pacific region are increasingly concerned
about environmental contamination, which is expected to drive the
expansion of the environmental testing market in the region.
The key players operating in the environmental testing market
are Eurofins Scientific (Luxembourg), Intertek Group plc (U.K.), TÜV
SÜD AG (Germany), Microbac
Laboratories, Inc. (U.S.), Symbio Laboratories (Australia), Agilent Technologies, Inc. (U.S.),
SGS S.A. (Switzerland), Bureau
Veritas (France), EMSL Analytical,
Inc. (U.S.), Mérieux NutriSciences Corporation (France), Envirolab Services Pty Ltd
(Australia), R J Hill Laboratories
Limited (New Zealand ), AB SCIEX
LLC (U.S.), ALS Limited (Australia), and FBA Laboratories Limited
(Ireland).
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Scope of the Report:
Environmental Testing Market Assessment—by
Product
- Mass Spectrometers
- Chromatography
- Molecular Spectroscopy
- TOC Analyzers
- pH Meters
- Dissolved Oxygen Analyzers
- Conductivity Sensors
- Turbidity Meters
- Other Products
Environmental Testing Market Assessment—by
Sample
- Wastewater/Effluent
- Soil
- Water
- Air
- Other Samples
Environmental Testing Market Assessment—by
Contamination
- Microbial Contamination
- Organic Compounds
- Heavy Metals
- Residues
- Solids
Environmental Testing Market Assessment—by End User
- Government and R&D Laboratories
- Industrial Product Manufacturers
- Agriculture and Irrigation
- Other End Users
Environmental Testing Market Assessment—by Geography
- North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Rest of Asia-Pacific
- Latin America
- Middle East & Africa
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Related Reports:
Environmental Monitoring Market by Product (Sensors,
[Analog Sensor, Digital Sensor], Environmental Monitors [Fixed
Monitors], Environmental Software), Sampling (Continuous
Monitoring, Intermittent), Application (Soil Pollution
Monitoring)—Global Forecast to 2028
Environmental Remediation Market by Technique (Soil,
Sediment, Ground & Surface Water), Site, Application
(Manufacturing, Industrial & Chemical Production, Agriculture,
Landfills & Waste Disposal Site), and Geography—Global Forecast
to 2030
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