Environmental Testing Market

SGS (Switzerland) and Eurofins (Luxembourg) are the Active Players in the Environmental Testing Market

The environmental testing market is projected to reach USD 12.75 Billion by 2022, at a CAGR of 7.1% from 2017. The market is driven by increasing regulations pertaining to environment protection, cost- & time-effective customized testing services, and active participation of government and regulatory bodies to monitor environmental conditions.

Key players in the environmental testing market include SGS (Switzerland), Eurofins (Luxembourg), Intertek (UK), Bureau Veritas (France), and ALS (Australia). Mérieux (US), Microbac Laboratories (US), R J Hill Laboratories (New Zealand), Symbio Laboratories (Australia), and Alex Stewart (UK) are a few other key players that also have a significant share in the environment testing market.

SGS is one of the active players in the environmental testing market; it is involved in inspection, verification, testing, certification, and quality assurance services. The company has a good range of environmental testing service offerings in the water, soil, air, and wastewater testing market for various contaminants such as microbiological, organic compounds, heavy metals, residues. It has significant R&D centers and adopts techniques as per technology advancements. In addition, the company has strong testing services across the globe with a strong presence in the US, UK, Germany, France, and India, among others; this has enabled it to strengthen its customer base and client base.

Eurofins is an international group of laboratories that provides testing and support services to the pharmaceutical, food, environmental, and consumer products industries, as well as to governments. The company adopts strategies such as acquisitions & expansions to increase its geographic presence. In March 2017, the company acquired Mechem Laboratories (“Mechem”) (Singapore) in order to accelerate the roll-out of its world-leading capabilities in testing services and a strong entry platform in the local environment testing market.

Intertek is a provider of quality and safety services. It serves manufacturers, retailers, governments, and traders across various industries, globally. The company operates through 1,000 locations in over 100 countries across North and South America, Europe, the Middle East, Africa, and the Asia Pacific. It focuses on expansions as its key strategy to develop its networks. In 2014, the company expanded its operations to Makati, Philippines. This strategy was adopted to complement its expertise in the Philippines with Intertek’s analytical, inspection, auditing, and certification services.

Related Reports:

Environmental Testing Market by Sample (Wastewater/Effluent, Soil, Water, and Air), Contaminant (Microbes, Organic Compounds, Heavy Metals, Residues, and Solids), Technology (Conventional and Rapid) and Region - Global Forecast to 2022

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Report Code
FB 3377
RI Published ON
11/3/2017
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