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    Home > Chemicals Industry > China Chemical > SGS, BV and Intertek are Chinese quality inspection and testing industry enterprises

    SGS, BV and Intertek are Chinese quality inspection and testing industry enterprises

    • Last Update: 2022-07-04
    • Source: Internet
    • Author: User
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    Star Enterprise of Chemical Machinery Equipment NetworkChemical machinery and equipment
     
    The overall demand of the testing industry has grown steadily, and the market size has exceeded 200 billion euros
     
    The overall demand of the testing industry has grown steadily, and the market size has exceeded 200 billion euros
    From the perspective of the market size of the inspection and testing industry, from 2009 to 2019, the demand for the inspection and testing industry has shown a continuous growth trend, from 74.
    1 billion euros in 2009 to 205.
    3 billion euros in 2019, with a compound annual growth rate of 10.
    73%.
    In the past few years The growth rate showed a trend of low before and high afterwards.
    trend
    Competition in the industry is fierce.
    SGS, BV and Intertek areenterprise
     
    Competition in the industry is fierce.
    SGS, BV and Intertek areenterprise
    After years of development, someThe testing agencies of China already have a certain advantage in the market.
    From the perspective of the market share of testing agencies, SGS, Bureau Veritas (BV) and Intertek account for less than 25% of the market share.
    , Market* players accounted for less than 40%.
    The remaining companies have low market shares and fierce market competition.
    The inspection and testing market is mainly used in consumer goods, food and industrial fields
     
    The inspection and testing market is mainly used in consumer goods, food and industrial fields
    From the perspective of application distribution in the inspection and testing market, consumer goods and retail, food and agricultural products account for a relatively large proportion, accounting for 11.
    5%; the oil and gas industry follows closely behind, accounting for 10%.
    Construction, chemical products, metals and minerals, and industrial products accounted for 9.
    5%, 9.
    5%, 8.
    5%, and 8% of the inspection and testing market, respectively, while the remaining industries accounted for a relatively small proportion.
    The inspection and testing market develops steadily, with the third-party inspection accounting for 40%
     
    The inspection and testing market develops steadily, with the third-party inspection accounting for 40%
      The testing industry has strong anti-risk capabilities.
    Even under the impact of the severe economic crisis from 2008 to 2009, the overall market size of the testing industry has grown, and there have been no bankruptcies within the scope, and even layoffs and reorganizations are rare.
    occur.
    According to the market and markets research organization, the inspection and testing industry will grow at a compound annual growth rate of 3.
    6% from 2020 to 2025.
    It is estimated that the size of the inspection and testing industry will exceed 250 billion euros by 2025.
      From the perspective of the market segment of the inspection and testing industry, the government and enterprise internal testing accounted for 60%, and the third-party testing market accounted for 40%.
    From the perspective of development trends, the third-party testing market has developed rapidly in recent years, and its proportion is expected to continue to increase.
      The above data comes from the "China Quality Inspection and Testing Industry Development Prospects and Investment Forecast Analysis Report" by the Qianzhan Industry Research Institute.
    At the same time, the Qianzhan Industry Research Institute provides solutions such as industrial big data, industrial planning, industrial declaration, industrial park planning, and industrial investment promotion.

     

      Original title: 2020 China's quality inspection and testing industry development status and competitive landscape analysis SGS, BV and Intertek areenterprise
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