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 has a significant share in the environmental testing market.
SGS
is one of the active players in the environmental testing market; it is
involved in the 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.
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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.
