Environmental Testing Market to Be Worth $17.1 Billion by 2031 - Exclusive Report by Meticulous Research®

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
  • U.S.
  • Canada
• 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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