Transparency Market Research Report Added "Environmental Health & Safety Market" to its database.
Albany, NY -- (SBWIRE) -- 01/12/2015 -- Environmental, Health, and Safety guidelines (EHS) are used by companies which believe in having safe working environments for their employees. EHS consist of Occupational Health & Safety, Environmental Regulations (including Air, Water, and Waste management), and Community Health & Safety. These guidelines were first established in 1985 by the chemical industry in response to two major disasters at Seveso, Italy and Bhopal, India.
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The chief driver for the EHS industry is the accentuated need for work-related safety in the wake of several hazardous incidents such as oil spills, gas leaks, and dust explosions, among others. In addition to safety, environmental concerns emanating from rise in carbon dioxide emissions, increasing amounts of waste, and strip mining of natural resources also generates demand in the EHS industry. Over the course of this decade the population in developing countries is likely to increase leading to varied health and environmental problems. This will provide the industry with further growth opportunities.
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The technological segmentation broadly segregates the EHS industry into environmental, occupational health & safety, community health & safety, and the health & safety associated with construction and decommissioning. Further subdivisions under environmental would be air quality management, water quality management, waste management, and energy management. Occupational health & safety can be split into physical, chemical, biological, and radioactive hazards. The community health & safety consists of disease prevention, fire safety, life safety, and transportation of materials.
EHS market is dominated by developed countries of Europe and North America as they are heavily industrialized. However, with outsourcing of chemical and materials manufacturing plants to the emerging markets of Asia Pacific, the trend is going to change in the near future. Some of the key players in the EHS industry include EHS Data Ltd., IFC International, IHS, HS&E Group and EORM among others.
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