Vietnam Environmental Testing Market Share, Size, Trends, Growth and Forecast
Vietnam Environmental Testing Market is expected to grow at a robust CAGR by 2023, owing to the rising need for environmental services as pollution is one of the major concerns in the country.
Moreover, the growing need for water and wastewater testing due to the lack of a clean drinking water supply coupled with the government's participation in monitoring the environmental conditions is anticipated to drive the market further.
Based on the type of sample, the Vietnam Environmental Testing market is dominated by the water segment owing to growing concerns about clean drinking water supply. Based on the type of contaminant, the organic compound segment is anticipated to lead the market due to the high amount of organic compounds, especially hydrocarbons present in wastewater, water, soil, etc.
Years considered for this report for
- Historical Years: 2013-2016
- Base Year: 2017
- Estimated Year: 2018
- Forecast Period: 2018–2023
The objective of the Study for
- To analyze and forecast the market size of the Vietnam Environmental Testing Market, in terms of value.
- To classify and forecast Vietnam's Environmental Testing based on a sample, technology, contaminant, and regional distribution.
- To identify drivers and challenges for Vietnam Environmental Testing Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Vietnam Environmental Testing Market.
- To conduct the pricing analysis for Vietnam Environmental Testing Market.
- To identify and analyze the profile of leading service providers in the Vietnam Environmental Testing Market.
Some of the leading players in the Vietnam Environmental Testing Market are Eurofins, SGS, TUV SUD, Bureau Veritas, Intertek, ALS, Microbac Laboratories, Mérieux, Symbio Laboratories, Asurequality, etc.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of Environmental Testing service providers in Vietnam. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors.
Through this technique, TechSci Research could include the Environmental Testing service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the retailers, distribution channels, and presence of all major Environmental Testing service providers in Vietnam.
TechSci Research calculated the market size of the Vietnam Environmental Testing Market using a bottom-up approach, where data for various product types were recorded and forecasted for future years. TechSci Research sourced these values from industry experts and company representatives and externally validated them by analyzing historical data of these product types and applications for getting an appropriate, overall market size.
Various secondary sources such as the company website, news articles, press releases, company annual reports, investor presentations, and financial reports were also used by TechSci Research.
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Key Target Audience for
- Environmental Testing Service Providers.
- Regulatory organizations.
- Environmental Testing Reagents Manufacturers and Suppliers.
- Agricultural Industries
- Research organizations and consulting companies.
- Biotechnology Companies.
- Market research and consulting firms.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, distributors, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
