Testing, Inspection, and Certification Market For The Natural Resources Industry - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Global Natural Resource Industry Testing, Inspection, and Certification (TIC) Market is expected to grow by registering a CAGR of about 5.1% during the forecast period. Natural resources continue to be among the significant ingredient of the economic growth of the world. Over the years, the consumption of these resources has increased significantly as they are used across almost all industries in some form or other. As inspection and testing are an integral part of the quality control process, the increasing consumption of natural resources drives the demand for TIC services.
Key HighlightsThe Testing, Inspection, and Certification Market for the Natural Resources Industry is growing in competition as the increasing demand for testing, inspection, and certification services attracts new players. The market has the presence of some of the established vendors in the TIC industry, such as Burau Veritas, SGS SA, and Intertek Group Plc, among others. Expansion of service portfolio and expansion to new markets adopting both organic and inorganic approaches are among the key strategic priorities of the vendors operating in the market.
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