The environmental testing products market is projected to reach USD 5.62 billion by 2030 from USD 3.80 billion in 2024, growing at a CAGR of 7.1% during the forecast period. The environmental testing product market is mainly being pushed by factors like stringent regulatory compliance requirements, increasing public awareness of environmental issues, technological advancements, growth in the industrial sector, climate change actions, and emerging contaminants, together with the expansion of biobanking facilities and government financial backing, among others. New methodologies are being developed to test for emerging contaminants in laboratories, thus creating demand for newer tests.
The environmental testing products market is considered by a adequate degree of competition, with a few well-established competitors controlling a adequate portion of the market share. The market is aggressive because The increasing global public awareness on environment issues such as pollution, climate change and sustainability is now the main driving factor for the need for environmental testing products. Some of the key players in the environmental testing products market: Thermo Fisher Scientific, Inc (Ireland), Danaher Corporation (US), Agilent Technologies (US), Waters Corporation (Germany) and Shimadzu Corporation (China), Bruker Corporation (US).
To know about the assumptions considered for the study download the pdf brochure
Thermo Fisher Scientific, Inc (US): Thermo Fisher Scientific stands tall as a preeminent provider in the field of environmental testing products. It's really one of the battalions in the war against air, water, soil and other environmental matrices. Innovation and constant technology evolution will be the beacons for the future-to improve accuracy, efficiency, and userability of the environmental testing products towards development. The effects from the launching of the Thermo Scientific Q Exactive mass spectrometer have further enhanced laboratories in analyzing the presence of trace levels of contaminations in complex matrices. The successful entry of Thermo Fisher Scientific into the environment testing products market has been based on other pillars such as stricter regulation compliance requirements for environmental testing products, advancements in technologies, rising public awareness of environmental issues, growing industrial activities, climate change initiatives and emerging contaminants, sustainability interventions and wider global market expansion.
Danaher Corporation (US): Danaher Corporation is an innovator in global science and technology and develops products that are found in all sectors, including environmental testing. The company provides a portfolio of products and solutions to satisfy the growing demand for environmental testing and monitoring. The integration of advanced technologies such as real-time monitoring, automation, and data analytics increases the efficiency and accuracy of environmental testing. The launch of XRF (X-ray fluorescence) analyzers by Horiba, a subsidiary of Danaher, enables rapid analysis of soil and sediment samples for heavy metals with quick results for environmental evaluation. Regulatory compliance, technological innovation, public awareness of environmental issues, growth in water quality testing and detection of emerging contaminants, government funding support, and sustainability initiatives drive Danaher Corporation's success in the environmental testing products marketplace. Those factors continue to evolve, and Danaher intends to be well-positioned to meet the increasing demand placed before them for effective environmental monitoring solutions across a variety of different sectors.
Agilent Technologies (Ireland): Agilent Technologies is a major supplier of analytical instruments, software, and services within the environmental testing market. With instruments meant to monitor and analyze a variety of environmental samples like air, water, soil, and waste, the company has a wider product base. Agilent's instruments are used in laboratories for compliance testing for pollutants, including heavy metals, VOCs, and other hazardous substances. The sensitivity and rapidity brought in by the introduction of advanced methods like high-resolution mass spectrometry (HRMS) and gas chromatography-mass spectrometry (GC-MS) are increased in particular by the Agilent 6495 Triple Quadrupole LC/MS system, which provides amazing sensitivity for trace-level analysis of contaminants in complex environmental matrices. Agilent Technologies benefits from IM-technology development in environmental testing products as per stringent regulatory requirements, emerging contaminants, increased public awareness of environmental issues, rising industrial activities, and sustainability initiatives. This, together with the expansion of research facilities and government support, offers a growing spectrum for Agilent's environmental testing innovations based on the changing scenario of the above-mentioned factors.
Waters Corporation (Netherlands): Several factors make Waters well-placed in the environmental testing market, such as the evolving regulatory requirements, technological innovations, increasing public awareness of environmental issues, new contaminants, increasing industrial activity, initiatives of climate change, expansion of biobanking facilities, and government funding support. Waters continues to play a vital role in the advancement of environmental testing in several areas with the development and supply of innovative analytical solutions that cater to these needs. Waters Corporation has newly developed methods and applications for detecting such emerging pollutants in their mass spectrometry technology. Innovative solutions are required by laboratories to effectively analyze the emerging contaminants.
Shimadzu Corporation (Germany): Shimadzu Corporation's environmental testing products are thus driven by innovation technology, compliance with regulations, the rising awareness for the environment, the increasing industrial applications, emerging contaminants detection needs, sustainability initiatives, and global market applicability. Shimadzu's understanding of these factors ensures a continuous upgrade of capabilities and advantages in environmental testing, thereby allowing laboratories and industries to monitor and manage effectively their environmental impacts. Where stringent water quality standards exist, Shimadzu has specialized analysis equipment for water that conforms to local laws and standards, as well as accurate results. Shimadzu's gas chromatographs are used in petrochemical companies to analyze the Volatile Organic Compounds (VOCs) in emissions, adhering to environmental standard compliance. Organizations now focus on ensuring minimum damage to the environment by their operations, which requires even more reliable testing equipment.
Related Reports:
Environmental Testing Products Market by Product (Instrument, Consumable), Technology (HPLC/LC, GC, Mass Spectrometry, NMR, IR, PCR), Application (Water (PFAS), Air, Soil (Pesticide)), End User (Industrial, Govt., Residential) - Global Forecast to 2030
Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA : 1-888-600-6441
sales@marketsandmarkets.com
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.
SEND ME A FREE SAMPLE