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Environment Testing Services Market to Reach US$ 21.4 Bn by 2030, TMR Study

Thursday, 13 October 2022 06:33 AM

WILMINGTON, DE / ACCESSWIRE / October 13, 2022 / Transparency Market Research Inc. - The global Environment Testing Services Market is anticipated to expand at CAGR of 6.5% during the forecast period between 2020 and 2030.

Transparency Market Research inc., Thursday, October 13, 2022, Press release picture

The last few years has witnessed a surge in waterborne disorders in prominent countries worldwide. Key reason behind the increasing number of waterborne diseases is because of water contamination caused by untreated wastewater effluents and disposal of harmful waste products. The need to reduce the contamination levels in water and thereby, reduce the possibility of contracting waterborne diseases has led to increased demand for environment testing services which has fueled market growth.

Furthermore, entry of several environmental projects worldwide could trigger the demand for environment testing services, during the forecast period, and assist in expansion of overall market. Growth strategies such as launch of new environment testing services is helping leading market players in gaining a competitive edge over other players and generate new revenue streams.

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Key Findings of Environment Testing Services Market Study -

Increasing Number of Wastewater Treatment Facilities Augmenting Growth in Overall Environment Testing Services Market:

The last few years have witnessed increase in number of wastewater treatment facilities. Key reason behind growing number of wastewater treatment units is rising demand for water quality measurement products. Wastewater treatment services are evolving rapidly owing to technological advancements such as intergration of sensor technology to wastewater treatment services. Increased demand for wastewater treatment services integrated with advanced technologies could fuel the growth in environment testing services market. Furthermore, governments initiatives and measures as well as rising investments from private sector are also triggering the growth in overall market. Rising manufacturing and industrial activities globally is fueling the demand for environment testing services and propelling overall market

Growing Focus to Achieve Maximum Crop Yield Boosting Growth in Global Environment Testing Services Market:

The last decade has witnessed an increase in population globally. Increasing in population has led to growing demand for food products despite reduced availability of farmland in several countries, worldwide. Rising food demand has led to increased need to produce maximum crop yield. Environment testing services have been deployed to develop improved understanding of soil quality and nutrients in a bid to obtain maximum crop yield. Increasing deployment to achieve maximum crop yield is stimulating the growth in overall environment testing services market

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Environment Testing Services Market: Key Drivers

  • Rising focus on reducing water pollution is one of the key driving factors of global environment testing services market
  • Increasing need to protect the environment and health of individuals is fuelling the demand for environment testing services and augmenting the growth in overall market
  • Growing demand from water supply programs globally is boosting the growth in environment testing services market

Environment Testing Services Market: Key Players

The global environment testing services market is extremely competitive, with the presence of several prominent players.

Leading players in global market include Thermo Fischer Scientific Inc., Symbio Laboratories, Analytica Laboratories Limited, Microbac Laboratories, and Covance Inc.

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The global environment testing services market is segmented as follows:

Category

  • Asbestos Services New Zealand
  • CO2 Emission Calculation
  • Sludge, Residue and Unknowns Analysis
  • Trace Analysis
  • Water Quality Testing
  • Hazardous Materials Testing
  • Soil Testing

Service Type

  • On Site
  • Off Site

End-use

  • Agriculture
  • Construction
  • Institutional

Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

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About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

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