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Environmental Testing Market by Product, Sample, Technology, Contamination, End User (Agriculture and Irrigation Sector, Government & R&D Laboratories, Industrial Product Manufacturers) and Geography - Global Forecast to 2030
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"Environmental Testing Market to be Worth $15.5 Billion by 2030”
Environmental Testing Market by 2030 Meticulous Research®—a leading global market research company, published a research report titled, ‘Environmental Testing Market by Products, Sample, Technology, Contamination, End User (Agriculture and Irrigation Sector, Government & R&D Laboratories, Industrial Product Manufacturers) and Geography - Global Forecast to 2030.’ Download Sample Report Here : https://www.meticulousresearch.com/download-sample- report/cp_id=5002 According to this latest publication from Meticulous Research®, the global environmental testing market is projected to reach $15.5 billion by 2030, at a CAGR of 7.8% from 2023–2030. The growth of this market is driven by the increasing government regulations related to environmental protection, cost-saving and time- effective customized testing services, and rising awareness about environmental pollution. Customized environmental testing solutions and the introduction of innovative rapid technologies are expected to offer significant growth opportunities for the stakeholders in the environmental testing market. The high capital investment may restrain the market's growth. Furthermore, the lack of basic supporting infrastructure is expected to pose challenges to the growth of the environmental testing market. The global environmental testing market is segmented by product (mass spectrometers, chromatography products, molecular spectroscopy products, TOC analyzers, PH meters, dissolved oxygen analyzers, conductivity sensors, turbidity meters, and other products), sample (wastewater/effluent, soil, water, air, and other samples), technology (rapid and conventional), contamination (microbial contamination, organic compounds, heavy metals, residues, and solids), and end user (government & R&D laboratories, industrial product manufacturers, agriculture and irrigation sector, forestry and geology, and other end users). The study also evaluates industry competitors and analyzes the market at the regional and country levels. Based on product, the global environmental testing market is segmented into mass spectrometers, chromatography products, molecular spectroscopy products, TOC analyzers, PH meters, dissolved oxygen analyzers, conductivity sensors, turbidity meters, and other products. In 2023, the mass spectrometers segment is expected to account for the largest share of the global environmental testing market. The large market share of this segment 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, and rapid applications of mass spectrometry in environmental testing such as drinking water testing, carbon dioxide and pollution monitoring. Additionally, this segment is projected to register the highest CAGR during the forecast period. Based on sample, the global environmental testing market is segmented into wastewater/effluent, soil, water, air, and other samples. In 2023, the wastewater/effluent segment is expected to account for the largest share of the global environmental testing market. The large market share of this segment 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, demand for clean water, and shortage in water supply. Wastewater treatment is required to preserve public health and the environment and keep industrial processes running smoothly. Most regulatory authorities require regular analytical testing of wastewater effluents at various treatment stages. For instance, the requirements of the MCERT standard for wastewater effluents, treated sewage effluents, and untreated sewage effluents sampling and chemical testing. Speak to Analyst : https://www.meticulousresearch.com/speak-to-analyst/cp_id=5002 Based on technology, the global environmental testing market is segmented into rapid and conventional. In 2023, the rapid segment is expected to account for the larger share of the global environmental testing market. The large market share of this segment is attributed to the increasing need to minimize labor- intensive operations and cost per test and growing need to achieve efficiency & cost savings. Benefits offered by rapid products are greater accuracy, increased sample throughput and automation, precision and sensitivity, and the introduction of innovative rapid technologies. Additionally, this segment is projected to register the highest CAGR during the forecast period. Page 1 of 3 © Meticulous Research| sales@meticulousresearch.com
Environmental Testing Market by 2030 Based on contamination, the global environmental testing market is segmented into microbial contamination, organic compounds, heavy metals, residues, and solids. In 2023, the organic compounds segment is expected to account for the largest share of the global 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 and monitor the presence of volatile organic compounds present in the sample. Additionally, this segment is projected to register the highest CAGR during the forecast period. Based on end user, the global environmental testing market is segmented into government and R&D laboratories, industrial product manufacturers, agriculture & irrigation sector, forestry & geology, and other end users. In 2023, the agriculture & irrigation sector segment is expected to account for the largest share of the global environmental testing market. The large market share of this segment is attributed to the increasing demand to improve the efficiency of the resources in this sector increasing need for agricultural soil testing, which allows producers to use optimum fertilizer and lime rates to increase productivity, enhancing efficiency to maximize profits, rising need of water testing products, and increasing need to maximize the yield & quality of crops in the farm. Additionally, this segment is projected to register the highest CAGR during the forecast period. Request Sample Report : https://www.meticulousresearch.com/request-sample-report/cp_id=5002 Based on geography, the global environmental testing market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, North America is expected to account for the largest share of the global environmental testing market. North America’s major market share is attributed to the presence of well-established environmental testing product providers, growing acceptance of environmental testing products, the high presence of the industrial environment, and government organizations in the region enforcing various environmental protection policies. In addition, several environmental concerns, such as climate change, greenhouse gas emission, and acid rain, are enforcing various environmental protection policies, thereby improving the demand for environmental testing products and supporting the growth of the market. However, Asia-Pacific is projected to register the highest CAGR during the forecast period. The growth of this region is driven by the growing awareness about environmental issues, increasing various energy-related projects, and the increasing presence of environmental testing product providers in China, Japan, and India. The governments concerned about environmental contamination in the Asia Pacific area will likely boost the expansion of the environmental testing market. Authorities are investing in establishing regulatory frameworks and standards, enforcing solid ecological rules and guidelines, offering financial assistance to enterprises and industries, and raising the public’s consciousness about the necessity of environmental testing. These factors are likely to enhance demand for environmental testing products in the Asia-Pacific, thereby supporting the growth of the market during the forecast period. Key Players The key players operating in the global 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 SA (Switzerland), Bureau Veritas S.A.(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). Quick Buy : https://www.meticulousresearch.com/Checkout/33336777 Key questions answered in the report: Which are the high-growth market segments in terms of products, sample, technology, contamination, and end user? Page 2 of 3 © Meticulous Research| sales@meticulousresearch.com
Environmental Testing Market by 2030 What is the historical market size for environmental testing solutions across the globe? What are the market forecasts and estimates for 2023–2030? What are the major drivers, restraints, opportunities, and challenges in the global environmental testing market? Who are the major players in the global environmental testing market, and what are their market shares? How is the competitive landscape? What are the recent developments in the global environmental testing market? What are the different strategies adopted by the major players in the market? What are the geographic trends and high-growth countries? Who are the local emerging players in the global environmental testing market, and how do they compete with other players? Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 3 of 3 © Meticulous Research| sales@meticulousresearch.com