Global environmental testing market analysis and insights
The global Environmental Testing market estimated at US$8.90 billion in the year 2022 is now projected to grow at a CAGR of 7.45% and reach US$14.72 billion by 2028.
The environmental testing market is on a consistent growth trajectory, driven by several key factors. Increasingly stringent environmental regulations imposed by governments and international bodies necessitate comprehensive testing and monitoring to ensure compliance across industries. Rising awareness among the public and businesses about environmental issues also fuels the demand for testing services. Moreover, technological advancements have led to the development of more accurate testing equipment and methodologies, enhancing the capabilities of environmental testing. As industries continue to expand, particularly in sectors like pharmaceuticals, food and beverages, chemicals, and renewable energy, the demand for environmental testing to ensure safety and sustainability remains steady. Water quality testing, soil and air quality assessment, and the detection of emerging contaminants further contribute to the market’s growth.
Looking ahead, the environmental testing market holds substantial future growth potential and opportunities. Emerging markets with evolving environmental regulations present untapped avenues for expansion. As renewable energy sources continue to proliferate, environmental testing becomes crucial for assessing their environmental impact and sustainability. The integration of Internet of Things (IoT) technology and data analytics offers innovative ways to enhance environmental monitoring and reporting. Additionally, advancements in remote sensing, circular economy practices, green chemistry, and emerging fields like environmental DNA (eDNA) testing open up new frontiers for the industry. Companies in this sector must remain adaptable and seize these opportunities to address evolving environmental challenges effectively.
Environmental testing regional market insights
North American environmental testing market is expected to grow significantly over the forecast period 2022-2028. This growth can be attributed to the increasing awareness of environmental issues, stringent regulatory requirements, and expanding demand for specialized testing services from industries such as pharmaceuticals, energy, and water quality testing. United States contributed around 78% of the total North American environmental testing market. It is estimated to have a market value of US$2.39 billion in the year 2022.
Asia Pacific environmental testing market is anticipated to witness an upsurge owing to the rapid industrialization and urbanization in developing countries like China and India. Strict government regulations on emissions and pollution control, and the escalating demand for water and air quality testing services in the region will further drive the growth of the market. China is expected to dominate the Asia-Pacific market and reach a market size of US$2.17 billion by 2028.
Within Europe, Germany, France, Italy and the U.K. are the key countries responsible for the significant growth of the regional market. Germany is expected to grow at a fastest CAGR of 6.92% over the forecast period.
Meanwhile, the Middle East & Africa is expected to show limited growth due to the strong presence of under-developed countries in Africa who are still struggling to meet technology standards. However, any growth that the region experiences is expected to come from developing Middle Eastern nations such as Qatar, U.A.E, and Oman due to a similar growth pattern as the Asia Pacific.
Key players profiled in the report include AB Sciex LLC, Agilent Technologies Inc, Alex Stewart International, ALS Limited, AsureQuality, Bureau Veritas S.A., Emitech Group, Eurofins Scientific S.E., Hewlett-Packard, Intertek Group plc., Mérieux NutriSciences, Microbac Laboratories Inc., Pace Analytical Services LLC, Perkin-Elmer, Romer Labs Diagnostic GmbH, SGS SA, Shimadzu Scientific Instruments, Symbio Laboratories, Thermo Fisher Scientific Inc., TÜV SÜD, UL LLC and Waters Corporation, among others.
July 10, 2023 – UL Solutions, a global leader in applied safety science, announced its acquisition of Healthy Buildings International, a U.K.-based health, safety and compliance company with expertise in indoor environmental quality, building health and safety, water audits and fire safety.
April 03, 2023 – Intertek Group plc, a Total Quality Assurance (TQA) provider to a range of industries worldwide, announced that it has agreed to acquire Controle Analítico Análises Técnicas Ltda (“Controle Analítico”), a leading provider of environmental analysis, with a focus on water testing, based in Brazil.
March 30, 2023 – Emitech, a French company in environmental testing to ensure compliance with applicable standards and regulations, announced the inauguration of its new test center dedicated to the electromagnetic compatibility (EMC) of electronic equipment, as well as vehicle homologation and large system qualification.
Environmental testing market scope
- By sample
- By contaminant
- Chemical contaminant
- Heavy metals
- Volatile organic compounds (VOCs)
- Polycyclic aromatic hydrocarbons (PAHs)
- Biological contaminant
- Fungal contaminant (Mycotoxin)
- Radiological contaminant
- Chemical contaminant
- By technology
- Mass spectrometry
- Molecular spectroscopy
- Nucleic acid testing (NAT)
- By application
- Water and wastewater
- Air quality monitoring
- Soil assessment
- Environmental microbiology
- Toxicology and chemical analysis
- Waste management
- Hazardous materials testing
- Biological diversity and ecological assessments
- By end user
- Environment research laboratories
- Environmental consulting firms
- Research and academic institutions
- Non-governmental organizations (NGOs)
- By region
- North America
- South America
- Asia Pacific
- Middle East and Africa
|No. of Pages||268|
|Estimated Market Size in 2022||US$8.90 billion|
|Forecasted Market Size by 2028||US$14.72 billion|
|Regions Covered||North America, South America, Europe, Asia Pacific, Middle East and Africa|
|Companies Mentioned||AB Sciex LLC, Agilent Technologies Inc, Alex Stewart International, ALS Limited, AsureQuality, Bureau Veritas S.A., Emitech Group, Eurofins Scientific S.E., Hewlett-Packard, Intertek Group plc., Mérieux NutriSciences, Microbac Laboratories Inc., Pace Analytical Services LLC, Perkin-Elmer, Romer Labs Diagnostic GmbH, SGS SA, Shimadzu Scientific Instruments, Symbio Laboratories, Thermo Fisher Scientific Inc., TÜV SÜD, UL LLC and Waters Corporation, among others.|
The research report provides a comprehensive review of market trends (Technology, Product and Application analysis), market growth drivers, PEST Analysis (Political, Economic, Social and Technological Analysis) Market growth inhibitors, and strategic industry activities and SWOT Analysis of key players in the market. The report provides market estimates and forecast for geographic markets such as the North America (United States, Canada, Mexico and Rest of North America), South America (Brazil, Argentina Chile Colombia Peru Venezuela Ecuador and Rest of South America), Europe (Germany, France, U.K., Russia, Italy, Spain, Sweden, Netherlands, Poland, Austria, Belgium, Finland, Norway, Switzerland, Denmark, Czech Republic, Portugal and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Taiwan, India, Australia, Indonesia, Philippines, Malaysia and Rest of Asia-Pacific), Middle East (Iran, Turkey, Kuwait, UAE, Israel, Oman, Bahrain, Saudi Arabia, Qatar, Egypt and Rest of Middle East) & Africa.