Global Asbestos Testing Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Asbestos Testing Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Because of its fiber strength and heat resistance asbestos has been used in a variety of building construction materials for insulation and as a fire retardant. Asbestos has also been used in a wide range of manufactured goods, mostly in building materials (roofing shingles, ceiling and floor tiles, paper products, and asbestos cement products), friction products (automobile clutch, brake, and transmission parts), heat-resistant fabrics, packaging, gaskets, and coatings.

When asbestos fibers become airborne, people can easily breathe them in. Once the fibers get into the lungs, they can cause lung cancer, asbestosis, mesothelioma, and other lung diseases. Asbestos testing refers to the service of testing whether asbestos exists in building materials, drinking water, or soil.

Market Overview:

The latest research study on the global Asbestos Testing market finds that the global Asbestos Testing market reached a value of USD 429.46 million in 2022. It’s expected that the market will achieve USD 582.46 million by 2028, exhibiting a CAGR of 5.21% during the forecast period.

The harm of asbestos is an important factor driving the demand for asbestos testing.

Asbestosis is a chronic lung disease caused by inhaling asbestos fibers. Long-term exposure to these fibers can cause scarring of lung tissue and shortness of breath. Symptoms of asbestosis range from mild to severe, and usually do not appear until many years after the first contact. Asbestos is a natural mineral product with heat resistance and corrosion resistance. In the past, it was widely used in insulating materials, cement and some floor tiles. Many houses, schools and other buildings built before 1970s use asbestos-containing pipes and floor tiles. Generally speaking, as long as asbestos is sealed and undisturbed, there is no risk of exposure. When materials containing asbestos are damaged, asbestos fibers are in danger of being released into the air and inhaled. Reducing asbestos exposure is the best way to prevent asbestosis. In the United States, federal law requires employers in industries that use asbestos products (such as construction) to take special safety measures. The harm of asbestos is an important factor driving the demand for asbestos testing.

Competition in the industry is fierce

For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry. Having an understanding of industry rivals is vital to successfully market a product. Positioning pertains to how the public perceives a product and distinguishes it from competitors. A business must be aware of its competitors marketing strategy and pricing and also be reactive to any changes made. The Asbestos Testing industry is facing a fierce competitive position. Many companies have been doing business in this industry. They pay more attention to R&D, product innovation, channel construction and customer relationship management, trying to gain greater market share and competitive advantage.

Region Overview:

In 2022, the share of the Asbestos Testing market in Americas stood at 41.51%.

Company Overview:

ALS is one of the major players operating in the Asbestos Testing market, holding a share of 3.09% in 2022.

ALS

As one of the world’s largest and most diversified testing services providers, ALS has sites strategically located around the world to provide accurate and timely services. ALS have operations in more than 350 locations, in 55 countries, and on six continents. ALS have teams of experts around the world available to provide specialized business solutions that align with client needs. Major hub facilities are located in Australia, Asia, North America, South America, Europe, the Middle East and Africa.

Bureau Veritas

Bureau Veritas is a world leader in laboratory testing, inspection and certification services. Created in 1828, the Group has 75,000 employees located in more than 1,600 offices and laboratories around the globe. Bureau Veritas helps its clients improve their performance by offering services and innovative solutions in order to ensure that their assets, products, infrastructure and processes meet standards and regulations in terms of quality, health and safety, environmental protection and social responsibility.

Segmentation Overview:

Among different product types, Asbestos in Bulk Materials segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Industrial segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Asbestos Testing market covered in Chapter 3:

Mold Busters
EMSL Analytical
Element Materials Technology Group
LCS Laboratory
TÜV SÜD
Eurofins Scientific
Pinchin
Envirolab Services
EMET Environmeteo Services
AIH Laboratory
ALS
Pace Analytical
Safety Coordination Services
West Yorkshire Joint Services
EnviroTest
Safe Air Fast
Bureau Veritas
Titan Environmental Solutions
JSE Labs
Scientific Services
Bradley Environmental
Lucion Services
Asbestos Watch
Hill Laboratories
Analytica Laboratories

In Chapter 4 and Chapter 14.2, on the basis of types, the Asbestos Testing market from 2018 to 2029 is primarily split into:

Asbestos Fibre Counting
Asbestos in Bulk Materials
Asbestos in Soils
Asbestos in Drinking Water
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Asbestos Testing market from 2018 to 2029 covers:

Residential
Commercial
Industrial

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)