Business

Environmental Testing Market Size to Grow by USD 3.79 Billion | Alpha Analytical Inc., ALS Ltd., and American Environmental Testing Laboratory LLC Emerge as Dominant Players | Technavio

The environmental testing market size will grow by USD 3.79 billion, as per the latest market analysis report by Technavio. The report also identifies the market to witness an accelerating growth momentum at a CAGR of 7.51%. The environmental testing market is attributed to marked increase in soil contamination and occurrence of natural calamities. However, high operational costs is one of the factors hindering the environmental testing market growth.

Key companies profiled

Advanced Environmental Testing and Research Lab, Alpha Analytical Inc., ALS Ltd., American Environmental Testing Laboratory LLC, AnaLabs Inc., Apal Agricultural Laboratory, AS International Corporation Ltd., AsureQuality Ltd., Bureau Veritas SA, EMSL Analytical Inc., Eurofins Scientific SE, Hydrologic Associates, Intertek Group Plc, Merieux NutriSciences Corp., Microbac Laboratories Inc., Pace Analytical Services LLC, RJ Hill Laboratories Ltd., SGS SA, Symbio Laboratories, and TUV SUD AG

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Competitive Landscape

The environmental testing market is fragmented and the vendors are deploying growth strategies such as offering innovative services to end-users to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Vendors are offering innovative solutions and launching products for strengthening their position in the market. For instance, ALS Ltd. offers laboratory testing, inspection, certification, and verification solutions.

Top Environmental Testing Companies

Advanced Environmental Testing and Research LabAlpha Analytical Inc.ALS Ltd.American Environmental Testing Laboratory LLCAnaLabs Inc.Apal Agricultural LaboratoryAS International Corporation Ltd.AsureQuality Ltd.Bureau Veritas SAEMSL Analytical Inc.Eurofins Scientific SEHydrologic AssociatesIntertek Group PlcMerieux NutriSciences Corp.Microbac Laboratories Inc.Pace Analytical Services LLCRJ Hill Laboratories Ltd.SGS SASymbio LaboratoriesTUV SUD AG

Environmental Testing Market Application Outlook (Revenue, USD bn, 2021-2026)

Air testing – size and forecast 2021-2026Water testing – size and forecast 2021-2026Soil testing – size and forecast 2021-2026

Air testing application segment held the largest environmental testing market share in 2021. The segment will continue to record highest growth during the forecast period. Air testing involves monitoring the air quality, the gas levels in the environment, ozone depletion, and pollution rates.

The monitoring of air quality, specifically in a community or other designated areas, to know the air quality of a particular area in correspondence to standard parameters drives the growth of the segment.

Environmental Testing Market Geography Outlook (Revenue, USD bn, 2021-2026)

31% of the market’s growth will originate from APAC during the forecast period. China and Australia are the key markets for the environmental testing market in APAC. Market growth in this region will be faster than the growth of the market in other regions. The presence of environmental monitoring programs will fuel the environmental testing market growth in APAC over the forecast period.

Table of Content

1 Executive Summary

1.1 Market overviewExhibit 01: Executive Summary – Chart on Market OverviewExhibit 02: Executive Summary – Data Table on Market OverviewExhibit 03: Executive Summary – Chart on Global Market CharacteristicsExhibit 04: Executive Summary – Chart on Market by GeographyExhibit 05: Executive Summary – Chart on Market Segmentation by ApplicationExhibit 06: Executive Summary – Chart on Incremental GrowthExhibit 07: Executive Summary – Data Table on Incremental GrowthExhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystemExhibit 09: Parent marketExhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definitionExhibit 11: Offerings of vendors included in the market definition3.2 Market segment analysisExhibit 12: Market segments3.3 Market size 20213.4 Market outlook: Forecast for 2021-2026Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summaryExhibit 17: Five forces analysis – Comparison between2021 and 20264.2 Bargaining power of buyersExhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 20264.3 Bargaining power of suppliersExhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 20264.4 Threat of new entrantsExhibit 20: Threat of new entrants – Impact of key factors in 2021 and 20264.5 Threat of substitutesExhibit 21: Threat of substitutes – Impact of key factors in 2021 and 20264.6 Threat of rivalryExhibit 22: Threat of rivalry – Impact of key factors in 2021 and 20264.7 Market conditionExhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Application

5.1 Market segmentsExhibit 24: Chart on Application – Market share 2021-2026 (%)Exhibit 25: Data Table on Application – Market share 2021-2026 (%)5.2 Comparison by ApplicationExhibit 26: Chart on Comparison by ApplicationExhibit 27: Data Table on Comparison by Application5.3 Air testing – Market size and forecast 2021-2026Exhibit 28: Chart on Air testing – Market size and forecast 2021-2026 ($ million)Exhibit 29: Data Table on Air testing – Market size and forecast 2021-2026 ($ million)Exhibit 30: Chart on Air testing – Year-over-year growth 2021-2026 (%)Exhibit 31: Data Table on Air testing – Year-over-year growth 2021-2026 (%)5.4 Water testing – Market size and forecast 2021-2026Exhibit 32: Chart on Water testing – Market size and forecast 2021-2026 ($ million)Exhibit 33: Data Table on Water testing – Market size and forecast 2021-2026 ($ million)Exhibit 34: Chart on Water testing – Year-over-year growth 2021-2026 (%)Exhibit 35: Data Table on Water testing – Year-over-year growth 2021-2026 (%)5.5 Soil testing – Market size and forecast 2021-2026Exhibit 36: Chart on Soil testing – Market size and forecast 2021-2026 ($ million)Exhibit 37: Data Table on Soil testing – Market size and forecast 2021-2026 ($ million)Exhibit 38: Chart on Soil testing – Year-over-year growth 2021-2026 (%)Exhibit 39: Data Table on Soil testing – Year-over-year growth 2021-2026 (%)5.6 Market opportunity by ApplicationExhibit 40: Market opportunity by Application ($ million)

6 Customer Landscape

6.1 Customer landscape overviewExhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentationExhibit 42: Chart on Market share by geography 2021-2026 (%)Exhibit 43: Data Table on Market share by geography 2021-2026 (%)7.2 Geographic comparisonExhibit 44: Chart on Geographic comparisonExhibit 45: Data Table on Geographic comparison7.3 North America – Market size and forecast 2021-2026Exhibit 46: Chart on North America – Market size and forecast 2021-2026 ($ million)Exhibit 47: Data Table on North America – Market size and forecast 2021-2026 ($ million)Exhibit 48: Chart on North America – Year-over-year growth 2021-2026 (%)Exhibit 49: Data Table on North America – Year-over-year growth 2021-2026 (%)7.4 Europe – Market size and forecast 2021-2026Exhibit 50: Chart on Europe – Market size and forecast 2021-2026 ($ million)Exhibit 51: Data Table on Europe – Market size and forecast 2021-2026 ($ million)Exhibit 52: Chart on Europe – Year-over-year growth 2021-2026 (%)Exhibit 53: Data Table on Europe – Year-over-year growth 2021-2026 (%)7.5 APAC – Market size and forecast 2021-2026Exhibit 54: Chart on APAC – Market size and forecast 2021-2026 ($ million)Exhibit 55: Data Table on APAC – Market size and forecast 2021-2026 ($ million)Exhibit 56: Chart on APAC – Year-over-year growth 2021-2026 (%)Exhibit 57: Data Table on APAC – Year-over-year growth 2021-2026 (%)7.6 South America – Market size and forecast 2021-2026Exhibit 58: Chart on South America – Market size and forecast 2021-2026 ($ million)Exhibit 59: Data Table on South America – Market size and forecast 2021-2026 ($ million)Exhibit 60: Chart on South America – Year-over-year growth 2021-2026 (%)Exhibit 61: Data Table on South America – Year-over-year growth 2021-2026 (%)7.7 Middle East and Africa – Market size and forecast 2021-2026Exhibit 62: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)Exhibit 63: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)Exhibit 64: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)Exhibit 65: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)7.8 US – Market size and forecast 2021-2026Exhibit 66: Chart on US – Market size and forecast 2021-2026 ($ million)Exhibit 67: Data Table on US – Market size and forecast 2021-2026 ($ million)Exhibit 68: Chart on US – Year-over-year growth 2021-2026 (%)Exhibit 69: Data Table on US – Year-over-year growth 2021-2026 (%)7.9 China – Market size and forecast 2021-2026Exhibit 70: Chart on China – Market size and forecast 2021-2026 ($ million)Exhibit 71: Data Table on China – Market size and forecast 2021-2026 ($ million)Exhibit 72: Chart on China – Year-over-year growth 2021-2026 (%)Exhibit 73: Data Table on China – Year-over-year growth 2021-2026 (%)7.10 Germany – Market size and forecast 2021-2026Exhibit 74: Chart on Germany – Market size and forecast 2021-2026 ($ million)Exhibit 75: Data Table on Germany – Market size and forecast 2021-2026 ($ million)Exhibit 76: Chart on Germany – Year-over-year growth 2021-2026 (%)Exhibit 77: Data Table on Germany – Year-over-year growth 2021-2026 (%)7.11 UK – Market size and forecast 2021-2026Exhibit 78: Chart on UK – Market size and forecast 2021-2026 ($ million)Exhibit 79: Data Table on UK – Market size and forecast 2021-2026 ($ million)Exhibit 80: Chart on UK – Year-over-year growth 2021-2026 (%)Exhibit 81: Data Table on UK – Year-over-year growth 2021-2026 (%)7.12 Australia – Market size and forecast 2021-2026Exhibit 82: Chart on Australia – Market size and forecast 2021-2026 ($ million)Exhibit 83: Data Table on Australia – Market size and forecast 2021-2026 ($ million)Exhibit 84: Chart on Australia – Year-over-year growth 2021-2026 (%)Exhibit 85: Data Table on Australia – Year-over-year growth 2021-2026 (%)7.13 Market opportunity by geographyExhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers8.2 Market challenges8.3 Impact of drivers and challengesExhibit 87: Impact of drivers and challenges in 2021 and 20268.4 Market trends

9 Vendor Landscape

9.1 Overview9.2 Vendor landscapeExhibit 88: Overview on Criticality of inputs and Factors of differentiation9.3 Landscape disruptionExhibit 89: Overview on factors of disruption9.4 Industry risksExhibit 90: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors coveredExhibit 91: Vendors covered10.2 Market positioning of vendorsExhibit 92: Matrix on vendor position and classification10.3 ALS Ltd.Exhibit 93: ALS Ltd. – OverviewExhibit 94: ALS Ltd. – Product / ServiceExhibit 95: ALS Ltd. – Key newsExhibit 96: ALS Ltd. – Key offerings10.4 Apal Agricultural LaboratoryExhibit 97: Apal Agricultural Laboratory – OverviewExhibit 98: Apal Agricultural Laboratory – Product / ServiceExhibit 99: Apal Agricultural Laboratory – Key offerings10.5 AsureQuality Ltd.Exhibit 100: AsureQuality Ltd. – OverviewExhibit 101: AsureQuality Ltd. – Product / ServiceExhibit 102: AsureQuality Ltd. – Key newsExhibit 103: AsureQuality Ltd. – Key offerings10.6 Bureau Veritas SAExhibit 104: Bureau Veritas SA – OverviewExhibit 105: Bureau Veritas SA – Business segmentsExhibit 106: Bureau Veritas SA – Key newsExhibit 107: Bureau Veritas SA – Key offeringsExhibit 108: Bureau Veritas SA – Segment focus10.7 Eurofins Scientific SEExhibit 109: Eurofins Scientific SE – OverviewExhibit 110: Eurofins Scientific SE – Business segmentsExhibit 111: Eurofins Scientific SE – Key newsExhibit 112: Eurofins Scientific SE – Key offeringsExhibit 113: Eurofins Scientific SE – Segment focus10.8 Intertek Group PlcExhibit 114: Intertek Group Plc – OverviewExhibit 115: Intertek Group Plc – Business segmentsExhibit 116: Intertek Group Plc – Key newsExhibit 117: Intertek Group Plc – Key offeringsExhibit 118: Intertek Group Plc – Segment focus10.9 Merieux NutriSciences Corp.Exhibit 119: Merieux NutriSciences Corp. – OverviewExhibit 120: Merieux NutriSciences Corp. – Product / ServiceExhibit 121: Merieux NutriSciences Corp. – Key offerings10.10 Microbac Laboratories Inc.Exhibit 122: Microbac Laboratories Inc. – OverviewExhibit 123: Microbac Laboratories Inc. – Product / ServiceExhibit 124: Microbac Laboratories Inc. – Key offerings10.11 RJ Hill Laboratories Ltd.Exhibit 125: RJ Hill Laboratories Ltd. – OverviewExhibit 126: RJ Hill Laboratories Ltd. – Product / ServiceExhibit 127: RJ Hill Laboratories Ltd. – Key offerings10.12 SGS SAExhibit 128: SGS SA – OverviewExhibit 129: SGS SA – Business segmentsExhibit 130: SGS SA – Key offeringsExhibit 131: SGS SA – Segment focus

11 Appendix

11.1 Scope of the report11.2 Inclusions and exclusions checklistExhibit 132: Inclusions checklistExhibit 133: Exclusions checklist11.3 Currency conversion rates for US$Exhibit 134: Currency conversion rates for US$11.4 Research methodologyExhibit 135: Research methodologyExhibit 136: Validation techniques employed for market sizingExhibit 137: Information sources11.5 List of abbreviationsExhibit 138: List of abbreviations

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
This article was shared with Prittle Prattle News as a Press Release.
Must Read-  EduCrack aligns with
Follow Us: Facebook Instagram | Twitter YouTube | LinkedIn Pinterest Tumblr

What's your reaction?

Related Posts