Environmental Testing market is projected to reach USD 12.75 billion by 2022 from USD 9.03 billion in 2017, at a CAGR of 7.1%. 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. High capital investment for accurate and sensitive analytical testing is the major restraint for this market.

Wastewater/Effluent led the market with the largest share in 2016

Wastewater/effluent testing was the largest segment in 2016. Growing environmental concerns related to waste disposal & treatment and regulations on wastewater/effluent disposal are reasons for its dominance. The water segment is projected to grow at the highest CAGR during the forecast period due to the increase in health standards, demand for clean water, and shortage in water supply.

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Organic compounds to be the dominant contaminant segment during the forecast period
The environmental testing market, by contaminant, was dominated by the organic compounds segment which is also projected to grow at the highest CAGR during the forecast period owing to its high level of emissions and sustained growth in consumption, mainly of hydrocarbons. The risk of health problems is most likely to increase by breathing low levels of organic compounds for prolonged periods of time. Exposure to organic compounds is also known to cause serious illnesses in humans such as cancer, kidney damage, and lung damage.

North America led the market with the largest share in 2016
North America was the largest environmental testing market in 2016. Several environment-governing organizations are present in the market and have enforced various environment protection policies. The North American environmental testing market addresses various environmental issues such as climate change, acid rain reduction, and greenhouse gas emissions. The market in the Asia Pacific region is projected to be the fastest from 2017 to 2022 and is driven by infrastructure development such as construction and energy-related projects, growing awareness regarding environmental pollution and sustainable transformation of environmental policies.

The breakdown of the primaries on the basis of company, designation, and region, conducted during the research study, is as follows:
-By Company type: Tier 1 – 50%, Tier 2 –25%, and Tier 3 – 25%
-By Designation: C-Level – 35%, D-Level– 25%, Others*-40%
-By Region: North America – 12%, Europe – 13%, Asia Pacific – 63%, and, South America-12%
*Others include sales managers, marketing managers, and product managers.

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