Water testing & analysis entails numerous and varied types of inspections, carried out to calculate various characteristics of water to define its utility in different industries such as food & beverage, pharmaceuticals, chemicals, electronics, wastewater treatment, and power. Attributes of water such as its conductivity, radioactivity, turbidity, pH, and dissolved gas content are measured in water testing & analysis. These industries have several demands for water testing & analysis services, leading to the availability of a distinct range of water testing & analysis services in the global market.
Increasing demand for demand for water with appropriate grade in various industries is expected to fuel growth of global water testing & analysis market over next ten years
Global water testing & analysis market is driven principally by rising demand for water of suitable grade from various industries. Major factor fueling water testing & analysis market is Increasing awareness among the consumers about the water quality used in industries such as pharmaceuticals and food & beverage, as poor water quality directly affects human health.
Increasing regulatory provision for maintaining a high standard in water quality in industries also boosting growth of the global water testing & analysis market, as the increased attention is being given to the rising adverse impacts of wastewater disposal on an animal and human health, and overall ecological system in the surroundings of a disposal site.
The global water testing & analysis market report has been segmented on the basis of product, application, and region. On the basis of region, the global water testing & analysis market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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Developed regions such as Europe and North America dominates global water testing & analysis market. The stringent standards and regulations for water quality in these regions is expected to compel market players in various industry verticals to employ water testing & analysis services in their industries, which is expected to present a substantial boost to global water testing & analysis market. North America is anticipated to remain the prominent regional segment of global water testing & analysis market throughout the forecast period. The Asia Pacific global water testing & analysis market is also expanding positively and expected to grow at highest CAGR during next ten years.
Key players operational in the global market include Abb Ltd., General Electric Company, Danaher Corporation, Thermo Fisher Scientific, Inc., Tintometer Gmbh, Agilent Technologies Inc., Shimadzu Corporation, Emerson Electric Co., Honeywell International Inc., and Mettler-Toledo International Inc.