Environmental Testing Market Expected To Hit 6.9% To 2021 Led By Rapid Technology

The environmental testing market is to reach USD11.82 billion by 2021 at a CAGR of 6.9% from 2016 to 2021 driven by deteriorating environment, privatization of environmental testing services, and increasing regulations regarding environment protection while Organic contaminant segment expected to be the largest contaminant type.

The high growth potential in emerging markets and untapped regions provides new opportunities for market players. The organic contaminant type was the largest market in 2015. Testing for organic compounds basically includes tests of volatile organic compounds (VOCs). The risk of health problems is most likely to increase by breathing low levels of VOCs for a long period of time. 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.

Complete report on environmental testing market across 187 pages, profiling 10 companies and supported with 82 tables and 59 figures is now available at http://www.rnrmarketresearch.com/environmental-testing-market-by-sample-wastewatereffluent-soil-water-air-contaminant-microbiological-organic-heavy-metal-residue-solids-technology-conventional-rapid-region-market-report.html .

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.

The various key smart gird vendors profiled in this report such as Eurofins Scientific S.E (Luxembourg), AB Sciex LLC (U.S.), SGS S.A. (Switzerland), Bureau Veritas S.A. (France) and Agilent Technologies Inc. (U.S.).

The above-mentioned companies have collectively accounted for the largest portion of the environmental testing market in 2015. Other players also have a strong presence in this market. These include Intertek Group PLC (U.K.), ALS Limited (U.S.), AssureQuality (New Zealand), Romer Labs (U.S.) and R.J Hill Laboratories Ltd. (New Zealand).

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In the process of determining and verifying, the environmental testing market for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (35%), Tier 2 (45%) and Tier 3 (20%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C Level (35%), Director Level (25%) and others (45%) from various key organizations operating in the global environmental testing market. The primary interviews were conducted worldwide covering regions such as North America (45%), Europe (30%), Asia-Pacific (20%) and Rest of World (5%).

On a related note, another research on Environmental Monitoring Market Global Trends and Forecasts to 2020 says, the global environmental monitoring market is poised to grow at a CAGR of 7.5% during 2015-2020, and is expected to reach a value of ~$20.5 Billion in 2020. In this report, the global environmental monitoring market has been segmented on the basis of type of products, type of sampling method, type of sensors and type of application. Companies like Agilent Technologies, Inc. (U.S.), TE Connectivity Ltd. (Switzerland), Danaher Corporation (U.S.), Honeywell International, Inc. (U.S.), and Siemens AG (Germany) have been profiled in this 162 pages research report available at http://www.rnrmarketresearch.com/environmental-monitoring-market-by-product-monitors-sensors-and-software-application-air-gas-water-soil-and-noise-pollution-and-by-region-global-trends-and-forecasts-to-2020-market-report.html .

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