Geochemical Services Market Size, Share and Forecast Report 2032

Imracrahul08 Nov, 2024Business

The global geochemical services market size reached US$ 1.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.1 Billion by 2032, exhibiting a growth rate (CAGR) of 5.8% during 2024-2032. The market is majorly driven by the increasing application of geochemical services in the metal and mining sector, the rising investments in exploring and analyzing the geological materials containing precious earth elements, the growing adoption of proficiency testing in analytical geochemistry laboratories, and rapid technological advancements.