[ 172+ Pages Research Report] Global Environmental Testing to surpass USD 15.4 billion by 2030 from USD 8.87 billion in 2020 at a CAGR of 6.59 % in the coming years, i.e., 2021-30.

Product Overview

Environmental testing is a procedure that involves conducting a series of tests on major resources that support life on Earth in order to determine their suitability for controlled exploitation. The aim of environmental testing is to determine the amount of pollutants in the natural environment and their effects on all living things. Large-scale releases of artificial and natural waste chemicals currently have a negative effect on the atmosphere, contributing to global warming. Maintaining the proper amounts of all materials in the atmosphere is essential for a long-term future. Large spills of hazardous materials can enter the soil and possibly groundwater that can influence the provision of drinking water. In order to determine impact, tests are performed. Sanitation can begin to restrict human exposure once the impact is determined.

Market Highlights

Global Environmental testing market is expected to project a notable CAGR of 6.59% in 2030.

Due to the growing number of laws and regulations on environmental safety and the efficient participation of different governments and officials in environmental monitoring, the global market for environmental testing is witnessing a major rise in its valuation. The future projects are to dramatically increase this market in the years to come in increasing instances of health problems caused by organic contamination. In addition, other types of pollution such as microbiological, residues, heavy metals,, and solids are expected to fuel demand worldwide for environmental testing solutions.

Global Environmental Testing Market: Segments

Rapid segment to grow with the highest CAGR during 2020-30

Global Environmental Testing Market is segmented by Technology into Rapid and Conventional. Rapid testing is growing in popularity because it is simple to operate and transport. The demand for fast technology is anticipated to widen with the rise in in-house product testing. They are easily transportable and lightweight and hassle-free from one location to another. In less time, too, they produce results. There is an increase in the internal audit, with rapid environmental testing methods expected to drive the industry.

Wastewater/Effluents segment to grow with the highest CAGR during 2020-30

Global Environmental Testing is divided by sample type into Wastewater/Effluents, Soil, Water, and Air. As the population grew, demand for safe drinking water and water was increased for agriculture and irrigation. Water treatment has also been carried out to satisfy these criteria. Consequently, it is important to monitor the quality and to test recycled water to assess whether it is suitable for drinking and agriculture. The environmental testing companies offer various such solutions for the analysis and certification of effluent treatment facilities by government and private owners.

Market Dynamics

Drivers

Changing environmental laws

Environmental rules, in particular by reducing airborne particulates, have had enormous life and illness benefits. The quality of air and water has been vastly enhanced by environmental legislation, particularly in areas that were dirtiest prior to the regulation. Governmental organizations have established laws and rules to test, inspect and certify the environmental samples of state and production firms tested. In order to identify pollutants and contaminants, the regulatory bodies have created directives for the control, sampling,, and testing of environmental testing services. These bodies have implemented several programs to raise awareness and lay down testing standards to ensure environmental order to minimize the health problems associated with a polluted environment.

Increased industrial activities

Increased understanding of environmental contamination and degradation by the citizens of industrialization in regions like Asia-Pacific and Africa has increased. As a result, many environmental conservation acts have been implemented, which are an important opportunity for the environmental testing market. In the coming five years, various modifications and new environmental standards will be established primarily in developing economies, such as APAC regions, due to the increasing level of pollution and environmental contamination. A significant contribution to market growth is expected to be the progressive implementation of new research methods for sampling pollutants such as pesticide residues, heavy metals,, and organic chemicals.

Restraint

Lack of technological know-how

Laboratory analysts use sophisticated analytical tools at high costs and comprehensive sample preparation. The advent of new technology for conducting environmental research has led to a wide variety of conventional test methods and to an effective improvement in environmental testing. The most modern techniques for environmental research are liquid chromatography, high-performance liquid chromatography, and spectrometry. Responsive, precise,, and effective, these technologies have high equipment costs, extensive preparation of samples,, and issues of calibration that restrict market development. The most common methods of analysis are only useful for such samples as soil, water,, and effluent, and for the testing of air samples using other methods. The costs of these tests were nevertheless very high, which leads substantially to the need of increased investment in resources, which is, in turn, the obstacle to business growth.

Global Environmental Testing Market: Key Players

ALS

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

SGS SA (Switzerland)

Eurofins (Luxembourg)

Intertek (UK)

Bureau Veritas (France)

TÜV SÜD (Germany)

Asure Quality (New Zealand)

Merieux (US)

Microbac (US)

R J Hill Laboratories (New Zealand)

Symbio (Australia)

Alex Stewart (UK)

EMSL Analytical Services (US)

Other Prominent Players

Global Environmental Testing Market: Regions

Global Environmental Testing market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific and the Middle East,, and Africa. Global Environmental Testing in North America held the largest market share of XX.X% in the year 2020. The involvement of various environmental governance organizations, through the introduction of various policies on environment protection in the North American region, is propelling the development of the environmental testing sector. In all major regions, such as North America and Europe, the number of test labs has doubled in recent years with a view to protecting the environment. However, regulators track the security and quality of the environment closely in the North American region in order to create environmental security throughout the country.

Global Environmental Testing Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil,, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey,, and Rest of Europe

Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia,, and Rest of APAC

Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa,, and Rest of MENA

Global Environmental Testing Market report also contains analysis on:

Environmental Testing Market Segments:

By Technology

Rapid

Conventional

By Sample

Wastewater/Effluents

Soil

Water

Air

Environmental Testing Market Dynamics

Environmental Testing Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Environmental Testing Market Report Scope and Segmentation

Frequently Asked Questions

How big is the Environmental Testing market

What is the Environmental Testing market growth

Which segment accounted for the largest Environmental Testing market share

Who are the key players in the Environmental Testing market

What are the factors driving the Environmental Testing market

Contents

1. Executive Summary

2. Global Environmental Testing Market

1. Product Overview

2. Market Definition

3. Segmentation

4. Assumptions and Acronyms

3. Research Methodology

1. Research Objectives

2. Primary Research

3. Secondary Research

4. Forecast Model

5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

1. Growth Drivers

2. Restraints

3. Opportunity

4. Trends

7. Correlation & Regression Analysis

1. Correlation Matrix

2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

1. Demand Risk Analysis

2. Supply Risk Analysis

10. Global Environmental Testing Market Analysis

1. Porters Five Forces

1. Threat of New Entrants

2. Bargaining Power of Suppliers

3. Threat of Substitutes

4. Rivalry

2. PEST Analysis

1. Political

2. Economic

3. Social

4. Technological

11. Global Environmental Testing Market

1. Market Size & forecast, 2020A-2030F

1. By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. By Volume (Billion Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12. Global Environmental Testing Market: Market Segmentation

1. By Regions

1. North America:(U.S. and Canada), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. By Technology: Market Share (2020-2030F)

1. Rapid, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Conventional, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. By Sample: Market Share (2020-2030F)

1. Wastewater/Effluents, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Soil, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. Water, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

4. Air, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

Company Profile

1. ALS

1. Company Overview

2. Company Total Revenue (Financials)

3. Market Potential

4. Global Presence

5. Key Performance Indicators

6. SWOT Analysis

7. Product Launch

2. SGS SA (Switzerland)

3. Eurofins (Luxembourg)

4. Intertek (UK)

5. Bureau Veritas (France)

6. TÜV SÜD (Germany)

7. Asure Quality (New Zealand)

8. Merieux (US)

9. Microbac (US)

10. R J Hill Laboratories (New Zealand)

11. Symbio (Australia)

12. Alex Stewart (UK)

13. EMSL Analytical Services (US)

14. Other Prominent Players

Consultant Recommendation

**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)