Environmental Health & Safety Market Size, Share & Industry Analysis, By Type (Software, Services), By Application (Medical & Pharmaceutical Waste Management, Industrial Waste Management, Wastewater Management, Others), By End-Use Industries (Chemicals Petrochemicals, Energy & Mining, Healthcare, Telecom & IT, Construction, Manufacturing, Others) and Regional Forecast, 2024-2032

The developed chemical companies have a tremendous duty to ensure the responsible use and manufacture of chemicals in such a way that related practices do not pose environmental danger. EHS stands for fitness, education and the climate. This applies to legislation, guidelines, policies, occupations, services and workforce initiatives to protect workers and public health and safety as well as the environment from hazards associated with the workplace. Environmental health and safety systems and services was designed to help businesses streamline their waste collection processes and fuel the demand for environmental health and safety innovations and initiatives. The applications for the mobile phone and tab-EHS are gaining rapid popularity among end users.

The increasingly strict legislation on health, safety and the environment, rules, standards and processes implemented across countries manufacturing chemicals is the main factor driving expanded adoption of EHS resources across the industry. Companies adhere closely to environment and resource-friendly manufacturing activities rapidly invest in the implementation of appropriate EHS resources.

Key Market Driver -

Increased implementation of legislations in industrial sector is driving the market

Key Market Restraint -

High costs associated with auditing large manufacturing sites are impeding demand growth

However, increased costs aligned with auditing advanced manufacturing sites are hindering demand potential..  Highly priced facilities and the technologies needed to comply with EHS regulations are likely to impede to some degree the overall rate of adoption of EHS resources

Market Segmentation:

Based on type, the market for environmental health & safety is further segmented into software and services. Based on application, the market for environmental health & safety is further segmented into medical & pharmaceutical waste management, industrial waste management, wastewater management and others. Based on end-use industries the market for environmental health & safety is further segmented into chemicals & petrochemicals, energy & mining, healthcare, telecom & it, construction, manufacturing and others.From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Players Covered:

The global environmental health & safety market is fairly fragmented, with a number of global & regional players operating. Some of the key players in the environmental health & safety market includes, Enablon, VelocityEHS, Intelex, Gensuite, Cority, Quentic, Sphera, Enviance, EtQ, Dakota Software, ProcessMAP and others.

Key Insights

• New Advancements in Production Technologies


• Key Trends in the Environmental Health & Safety Markets


• New Product Launches, Expansions, Key Players


• Ranking of Key Players in the Market

Regional Analysis:

The environmental health & safety market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia-Pacific region dominates the environmental health & safety market in terms of both consumption and production. The environmental health & safety market is anticipated to witness an increasing demand from India, China, and other countries of the Asia Pacific region. The augmentation of developed chemical industries and emerging construction and energy and mining sectors have enabled this demand to expand. North America has witnessed significant growth in this market. North America consists of well-established developing countries with infrastructures that help create a large market for the EHS solution. The top contributor countries to the North American EHS market are the US and Canada, the reason for these countries supremacy is their well-established economies, which encourage innovation in new technology.

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Europe holds a prominent share in the market. This can be due to the regulations introduced by the European Agency for Security and Health at Work (EU-OSHA) and the Environment Agency (EA) covering health, education, customer welfare and environmental sustainability. These directives allow policies to promote the free flow of products to be implemented, and help fuel business growth. Latin America also witnesses expansion in growth of the market owing to the rising adoption of environmental management systems (EMSS) by various brazilian companies which in turn are likely to boost the market growth in the country.

Segmentation

Environmental Health & Safety Industry Developments

• In October 2019, Gensuite has launched the Gensuite Med Care framework, an integrated and streamlined occupational health and protection management program, complementing its safety and environmental platform.


• In October 2019, Cority has acquired Axion Health to provide a holistic solution for the global healthcare sector by introducing the best-in-class turnkey solutions for employee health to bring value to healthcare organisations.


• In September 2019, Quentic launched the 12.0 platform, a new audit management feature, providing more versatility for various kinds of audit situations. It helps to explain the conclusions, transparently separate responsibility for carrying out audits and managing subsequent results.