San Francisco, California, May 18, 2017 : The global environmental health and safety (EHS) market is prognosticated to feature a chiefly fragmented competitive landscape due to a significant count of players operating therein. In a comprehensive TMR Research report covering the critical aspects of the global EHS market, there could be more than a few non-profit consulting firms and top software development organizations making their presence known. The title of the report reads, “Environmental Health and Safety (EHS) Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025.” Out of the key companies competing in the global EHS market, SAP SE, UL LLC, IHS Inc., International Finance Corporation, and 3E Company could take a leading position.
The industrial sector could take the charge in offering bankable business opportunities in the world EHS market on account of a strong implementation of EHS equipment across the most influential chemical-producing nations. The progressively severe environment, safety, and health guidelines and laws initiated by such nations are expected to support the aforementioned opportunities growing in the world EHS market. There could be a rise in the deployment of EHS technologies by organizations that painstakingly stand by resource and environment-friendly manufacturing methodologies. The flourishing industrial sector in emerging nations such as the UAE, South Africa, China, and India is anticipated to augur well for the growth in the world EHS market.
Asia Pacific could be a promising region for players to bank on in the international EHS market, owing to an escalating rise of energy and mining and constructor industries and the success of the well-rooted chemical sector. North America is envisioned to be another lucrative region in the international EHS market as it is predicted to regain leadership on the back of a sturdy development growth in the chemical and energy sectors and tight EHS policies.
However, the high cost of auditing complex production plants and expensive services and solutions might impede the demand in the international EHS market. Nonetheless, the need to conform to environmental norms with regard to environmental and occupational health and safety, especially in the construction, mining, and power production industries, is envisaged propel the growth of the international EHS market. Companies with the requirement of effectively managing and keeping track of harmful chemical (chlorofluorocarbon or mercury) production and usage could aggravate the demand in the international EHS market.
The dearth of safe water sources and high pollution rate in several regions of the world is forecasted to lead to an enlarging adoption of EHS solutions for effective management of waste water. This could have a substantial positive impact on the worldwide EHS market.