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Environment Testing Services Market Bigger Than Expected | Eurofins Scientific SE, Bureau Veritas, SGS S.A, Intertek Group


iCrowdNewswire   Nov 20, 2020  12:13 PM ET

Global Environment Testing Services Market Size study, by Type (Organic Compounds, Microbiological Contaminants, Residue, Heavy Metal and Solids), By Application (Soil, Water and Air) and Regional Forecasts 2020-2027  , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Environment Testing Services market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Environment Testing Services market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region

 

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Global Environment Testing Services Market is valued approximately USD 7.70 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 7.90 % over the forecast period 2020-2027. Environment Testing Services determines hazards within environment that is harmful to people. Large spills of hazardous substances can seep into soil and then possibly into groundwater which will affect drinking water supply. Maintaining the right quantities of all components in the environment is a must for a sustainable future. Also, the key players are focusing on strategies such as product launch, innovation and merger & acquisition to sustain themselves amidst fierce competition.  Rise in initiatives that cause sustainable development, increased awareness of environmental degradation and favorable government policies is expected to drive the growth of the environmental testing services market. As per the U.S Environmental Protection Agency, US (EPA) imposes standards that are intended to safeguard public health by limiting the levels of contaminants such as microorganism found in drinking water. These standards are primarily applicable to public water systems, it is often applied by remediation regulators in the aquifer. Similarly, European Union has also introduced drinking water regulations guided by the Drinking Water Directive (DWD). The Drinking Water Directive (DWD) states to regularly monitor and test a total of 48 chemical and microbiological parameters in the drinking water which requires water supply company to report the quality of drinking water to the European Commission in every three years.  The commission then publishes report, considering the water quality monitoring standards that are set out by the Drinking Water Directive (DWD). As a result, the demand for environment testing services would increase thereby, aiding the growth of the market during the forecast period of 2020-2027. However, high capital investment for accurate and sensitive analytical testing is hampering the growth of this market.

The regional analysis of global Environment Testing Services market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region due to the presence of various environmental governing organizations in the US. Also, growing number of testing laboratories is expected to create positive outlook for the growth of the North America region. Whereas Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.

Major market player included in this report are:

Eurofins Scientific SE

Bureau Veritas

SGS S.A

Intertek Group

Agilent Technologies

ALS Limited

AB Sciex

Romer Labs Diagnostic

R J Hill Laboratories

Asurequality Limited

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Organic Compounds

Microbiological Contaminants

Residue

Heavy Metal

Solids

By Application:

Soil

Water

Air 

A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021

covid-19 scenario Market Behavior/ Level of Risk and Opportunity End Industry Behavior/ Opportunity Assessment Expected Industry Recovery Timeline Business Impact Horizon
Opening of Economy by Q3 2020 xx xx xx xx
Recovery – Opening of Economy extended till Q4 2020 / Q1 2021 xx xx xx xx

Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.

Study Explore :

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Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.

Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam

In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.

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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis

The study objectives of this report are:

The Study Explore COVID 19 Outbreak Impact Analysis

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Key Points Covered in Environment Testing Services Market Report:

Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Environment Testing Services market, Applications, Market Segment by Regions North America, Europe or Asia;
Chapter 2, objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5, to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation, comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer’s, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)
Chapter 15, deals with Environment Testing Services  Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

……..and view more in complete table of Contents

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