The market is driven by factors such as deteriorating environment, privatization of environmental testing services, and increasing regulations regarding environment protection. The high growth potential in emerging markets and untapped regions provides new opportunities for market players.
Several studies have suggested that exposure to VOCs may worsen the symptoms in people who are asthmatic or are sensitive to chemicals. The effect of every chemical is different and is attributed to its toxicity. The rising concerns over health issues due to organic contaminants are expected to drive its testing services market.
On the basis of technology, the environmental testing market was led by the rapid technology segment in 2015. The market is growing due to the requirement of quick, accurate, easy-to-use, and reduced total cost method of testing.
North America was the largest environmental testing market in 2015. Governing organizations are present in the market and have enforced various environment protection policies. The North American environmental testing market addresses various environmental issues such as climate change, acid rain reduction, and greenhouse gas emissions. The Asia-Pacific market is projected to be the fastest-growing market during the forecast period.