Environmental Testing Market Poised to Increase to $18 billion by 2030, Owing to Uncontrolled Industrial Activity and Contamination of Soil & Water
A new report from Industry Experts Inc on "Environmental Testing", is published. The new global market research report reveals that the worldwide demand for Environmental Testing is expected to clock a CAGR of 7.9% between 2024 and 2030 and reach a projected US$18 billion by 2030 from an estimated US$11.4 billion in 2024.
Environmental Testing has become an essential feature in maintaining sustainable ecological balance, the major growth drivers for which include increasing soil and water contamination, uncontrolled industrial activity, regulatory authorities striking down hard on environment polluters, healthy demand for rapid testing and compact, economical & rapid water analysis instruments that enhance scope of testing.
While North America and Europe together form the leading global markets for Environmental Testing, Asia-Pacific is expected to the fastest growing. The main reasons for this include greater environmental pollution in this rapidly industrializing region, requiring greater Environmental Testing initiatives for improving living conditions by limiting pollution levels. In North America, the US Environmental Protection Agency (EPA) monitors pollution and mandates control rules that have to be followed by all concerned parties, because of which Environmental Testing is an integral part of maintaining an unpolluted ecosystem.
Environmental Testing global market is analyzed in this report on a global basis and the major regions covered include North America (The United States, Canada and Mexico), Europe (France, Germany, Italy, Russia, Spain, The United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific), South America (Argentina, Brazil and Rest of South America) and Middle East & Africa.
The marker for Environmental Testing analyzed in this report with respect to Sample Type – Air, Soil, Water and Wastewater/Effluent; Target Type – Heavy Metals, Microbial Contaminants, Organic Compounds, Residues and Solids; Technology – Conventional Technologies [Include Biological & Chemical Oxygen Demand (BOD & COD), Culture Plate Method and Dissolved Oxygen Determination (DOD)] and Rapid Technologies (Include Acidity/Alkalinity Testing, Chromatography Testing, Immunoassay Testing, Mass Spectrometer Testing, Molecular Spectroscopy Testing, PCR Testing & Turbidity Testing); and End-Use Sector – Agriculture, Energy & Utilities, Environment Testing Labs, Government and Industries.
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