Asbestos Testing Market By Type (Asbestos Fibre Counting, Asbestos in Bulk Materials, Asbestos in Soils, and Asbestos in Drinking Water), By Application (Residential, Commercial, and Industrial), Industry Trends, Estimation & Forecast, 2023-2030

Market Overview

Asbestos was once widely used as thin, tightly packed fibres in insulation and fireproofing materials for construction activities. However, inhalation of asbestos fibre was deemed detrimental to human health and the cause of several lung-related diseases. The testing and screening of asbestos material are currently considered necessary to safeguard inhabitants against the harmful airborne emissions and related respiratory diseases.

Asbestos Testing market was valued at 222.2 million US$ in 2022 and is projected to reach 301.8 million US$ by 2030, at a CAGR of 3.9% during the forecast period.

Market Dynamics

The implementation of stringent environmental laws and regulations and growing awareness and concern among consumers and government authorities are the primary factors driving the market growth. The consistent efforts of government agencies to implement laws that would safeguard against environmental degradation and prevent the occurrence of respiratory diseases in humans would further the demand for asbestos testing services, thereby improving the growth rate of the market. Additionally, the problems persist with the disposal of asbestos in a manner to avoid landfill issues, have also encouraged the high adoption rate of testing services. However, high capital costs and expenditure for precise testing services might hamper market growth. The pricing structure of the testing services is also substantially high, which continually increases with the use of high-end scientific equipment for accurate results. The high initial investment, with increased procurement costs of equipment, might further hinder the growth prospects of the market. The need to check for asbestos in emerging industrial processes would provide lucrative opportunities for the market in the coming years. The extensive use of new chemicals and materials have generated consistent demands for asbestos testing to determine the impact on human health and environment, offering new avenues of market growth over the forecast period.
 
Market Segmentation

The global Asbestos Testing market is mainly classified based on Type and Application. Type is further segmented into Asbestos Fibre Counting, Asbestos in Bulk Materials, Asbestos in Soils, and Asbestos in Drinking Water. By Application, the market is divided into Residential, Commercial, and Industrial.

The widespread use of bulk material, including cement, minerals, ores, plaster, and so on, in the construction of new buildings and structures have increased the need for testing procedures and processes in a bid to eliminate the risks of danger to human health. The Asbestos in Bulk Materials by Type would thereby generate renewed interest and propel the segment growth during the forecast period.

The implementation of strict federal regulations in place to reduce human health risks and procurement of related environment-friendly certificates to further the global distribution network of industrial products are the influential primary factors that would boost the demand for asbestos testing in industrial sectors in the coming years.

Regional Analysis

Based on geography, the global Asbestos Testing market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is further divided in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific. The South America region includes Brazil, Argentina, and the Rest of South America, while the Middle East & Africa is categorized into GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.

Asia-Pacific is a prominent region in the overall market analysis. It would hold substantial market share over the forecast period owing to the expansion of manufacturing capabilities of vital industrial companies and increase in awareness among such companies to protect their legal exposure to environmental laws through prior and precise testing of materials against asbestos content. The high rate of new construction in developing countries would also encourage the companies involved to avail of asbestos testing services for the procurement of relevant certificates.
 
Competitive landscape

The Asbestos Testing market is relatively fragmented, with several global and regional players competing in the existing market scenario to expand business opportunities through procurement of high-end testing equipment for the deliverance of accurate results. The local players have quick turnaround time for delivery of test results, and thereby cater to the needs of the regional industrial sectors, further intensifying market competitiveness.
Key players operating in the Asbestos Testing industry include ALS, AIH Laboratory, Analytica Laboratories, Asbestex, Asbestos Watch, WY Analytical Services, Bradley Environmental, EMET Environmeteo Services, EMSL Analytical, Envirolab Services, Eurofins Scientific, Element Materials Technology, R J Hill Laboratories, JSE Labs, LCS Laboratory, Lucion Services, Maxxam, OshTech, Pinchin, EnviroTest, Safe Air Fast, Safety Coordination Services, Scientific Services, Titan Environmental Solutions, and TÜV SÜD PSB.

The expansion in testing capabilities through the construction of new facilities and undertaking of acquisitions to increase the global reach of testing services are the primarily followed business strategies of top players looking to capture substantial market share.

Asbestos Testing Market Key Segments

By Type
• Asbestos Fibre Counting
• Asbestos in Bulk Materials
• Asbestos in Soils
• Asbestos in Drinking Water

By Application
• Residential
• Commercial
• Industrial

Key Global Asbestos Testing Industry Players

• ALS
• AIH Laboratory
• Analytica Laboratories
• Asbestex
• Asbestos Watch
• WY Analytical Services
• Bradley Environmental
• EMET Environmeteo Services
• EMSL Analytical
• Envirolab Services
• Eurofins Scientific
• Element Materials Technology
• R J Hill Laboratories
• JSE Labs
• LCS Laboratory
• Lucion Services
• Maxxam
• OshTech
• Pinchin
• EnviroTest
• Safe Air Fast
• Safety Coordination Services
• Scientific Services
• Titan Environmental Solutions
• TÜV SÜD PSB

Table of Content

1. Market Introduction
1.1. Executive Summary
1.2. Market Definition
1.3. Market Scope

2. Research Methodology
2.1. Primary Research
2.2. Research Methodology
2.3. Assumptions & Exclusions
2.4. Secondary data sources

3. Asbestos Testing Market Overview
3.1. Report Segmentation & Scope
3.2. Key Market Trend
3.3. Drivers
3.3.1. Implementation of stringent environmental laws and regulations
3.3.2. Growing awareness and concern among consumers and government authorities
3.4. Restraints
3.4.1. High capital costs and expenditure for precise testing services
3.5. Opportunity
3.5.1. Need to check for asbestos in emerging industrial processes
3.6. Porter’s Five Forces Analysis
3.6.1. Porter’s Five Forces Analysis
3.7. Market Share Analysis

4. Type Overview
4.1. Introduction
4.1.1. Market Size & Forecast
4.2. Asbestos Fibre Counting
4.2.1. Market Size & Forecast
4.3. Asbestos in Bulk Materials
4.3.1. Market Size & Forecast
4.4. Asbestos in Soils
4.4.1. Market Size & Forecast
4.5. Asbestos in Drinking Water
4.5.1. Market Size & Forecast

5. Application Overview
5.1. Introduction
5.1.1. Market Size & Forecast
5.2. Residential
5.2.1. Market Size & Forecast
5.3. Commercial
5.3.1. Market Size & Forecast
5.4. Industrial
5.4.1. Market Size & Forecast

6. Asbestos Testing Market Regional Overview
6.1. Introduction
6.1.1. Market Size & Forecast
6.2. North America Asbestos Testing Market
6.2.1. North America Market Size & Forecast, By Country
6.2.2. North America Market Size & Forecast, By Type
6.2.3. North America Market Size & Forecast, By Application
6.2.4. U.S.
6.2.4.1. Market Size and Forecast
6.2.5. Canada
6.2.5.1. Market Size and Forecast
6.2.6. Mexico
6.2.6.1. Market Size and Forecast
6.3. Europe Asbestos Testing Market
6.3.1. Europe Market Size & Forecast, By Country
6.3.2. Europe Market Size & Forecast, By Type
6.3.3. Europe Market Size & Forecast, By Application
6.3.4. Germany
6.3.4.1. Market Size and Forecast
6.3.5. France
6.3.5.1. Market Size and Forecast
6.3.6. UK
6.3.6.1. Market Size and Forecast
6.3.7. Italy
6.3.7.1. Market Size and Forecast
6.3.8. Rest of Europe
6.3.8.1. Market Size and Forecast
6.4. Asia-Pacific Asbestos Testing Market
6.4.1. Asia-Pacific Market Size & Forecast, By Country
6.4.2. Asia-Pacific Market Size & Forecast, By Type
6.4.3. Asia-Pacific Market Size & Forecast, By Application
6.4.4. Japan
6.4.4.1. Market Size and Forecast
6.4.5. China
6.4.5.1. Market Size and Forecast
6.4.6. Australia
6.4.6.1. Market Size and Forecast
6.4.7. India
6.4.7.1. Market Size and Forecast
6.4.8. South Korea
6.4.8.1. Market Size and Forecast
6.4.9. Rest of Asia-Pacific
6.4.9.1. Market Size and Forecast
6.5. South America Asbestos Testing Market
6.5.1. South America Market Size & Forecast, By Country
6.5.2. South America Market Size & Forecast, By Type
6.5.3. South America Market Size & Forecast, By Application
6.5.4. Brazil
6.5.4.1. Market Size and Forecast
6.5.5. Argentina
6.5.5.1. Market Size and Forecast
6.5.6. Rest of South America
6.5.6.1. Market Size and Forecast
6.6. Middle East & Africa Asbestos Testing Market
6.6.1. Middle East & Africa Market Size & Forecast, By Country
6.6.2. Middle East & Africa Market Size & Forecast, By Type
6.6.3. Middle East & Africa Market Size & Forecast, By Application
6.6.4. GCC Countries
6.6.4.1. Market Size and Forecast
6.6.5. Egypt
6.6.5.1. Market Size and Forecast
6.6.6. South Africa
6.6.6.1. Market Size and Forecast
6.6.7. Rest of Middle East & Africa
6.6.7.1. Market Size and Forecast

7. Company Profile
7.1. ALS
7.1.1. Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.1.2. ALS Product Category, Application, and Specification
7.1.3. ALS Financial Performance (2015-2019)
7.1.4. Main Business/Business Overview
7.2. AIH Laboratory
7.3. Analytica Laboratories
7.4. Asbestex
7.5. Asbestos Watch
7.6. WY Analytical Services
7.7. Bradley Environmental
7.8. EMET Environmeteo Services
7.9. EMSL Analytical
7.10. Envirolab Services
7.11. Eurofins Scientific
7.12. Element Materials Technology
7.13. R J Hill Laboratories
7.14. JSE Labs
7.15. LCS Laboratory
7.16. Lucion Services
7.17. Maxxam
7.18. OshTech
7.19. Pinchin
7.20. EnviroTest
7.21. Safe Air Fast
7.22. Safety Coordination Services
7.23. Scientific Services
7.24. Titan Environmental Solutions
7.25. TÜV SÜD PSB