Mechanical Agitator Seals Manufacturers for Petrochemicals
Mechanical Agitator Seals Manufacturers for Petrochemicals
In a growing economy like India, petrochemical industry is as important as the petroleum industry. Petrochemicals are by-products of natural gas and crude oil. The growth of this industry depends on the movement of the petroleum industry. Since 2010, India’s petrochemical industry has seen a growth rate of approx. 8%. Let’s find out more about the developments in this industry. GAIL, IOCL, Reliance Petroleum, Haldia, BPCL, ONGC etc. are user of Mechanical Agitator Seals in Petrochemicals industry and their by-products are natural gas and crude oil
Current Market Scenario for Mechanical Agitator Seals and Centrifugal Pumps
GAIL, IOCL, Reliance Petroleum, Haldia Petrochemicals Limited etc. are some of the leading names for usage of Mechanical Agitator Seals in Petrochemicals industry in India. Sealomech Engineering Pvt Ltd. regular supplier providing them the required mechanical agitator seals for their polyesters, polymers, chemicals plants.
As far as the current situation of petrochemicals in concerned, it is downstream due to the slow-moving consumer goods industry. From packaging products and tools to toys and medical utilities, different grades of petrochemical products are available for various purposes in the market today.
Future Growth for Mechanical Agitator Seals and Pumps
With rising awareness among consumers about environmental hazards due to the petrochemical industry, sustainable alternatives are being explored. But the demand continues to rise due to the numerous applications of petrochemical products. To meet the forecasted demand, leading petrochemical companies are planning to increase their production capacity.
The governments positive initiatives such as GST, Swacch Bharat Abhiyan, Make in India etc. to be advantageous to the petrochemical industry. Also, the policy and regulatory support from the government has immensely helped the petrochemical industry to spread its wings a little more.
Tie-ups with end-user product industries, infrastructure development, technology, research and several other factors will be useful for the petrochemical industry. Investment in research to invent low-cost composites that can replace metals in various industrial uses can also increase the demand in this sector.
Vision 2030 for Mechanical Agitator Seals and Pumps
According to ASSOCHAM, the petrochemicals industry is expected to reach an estimated US$ 100 billion by 2030. Millions of employment opportunities will surface too.
A key investment in the future of petrochemical in India in recent times is the joint venture of setting up of a state-of-the-art refinery-cum-petrochemicals complex in Maharashtra. This will be one of the world’s largest petrochemicals complex with operations to resume by 2022. It is a venture by public companies Indian Oil Corp. Ltd (IOCL), Hindustan Petroleum Corp. Ltd (HPCL) and Bharat Petroleum Corp. Ltd (BPCL).
Plastic is used mainly in making of a number of daily commodities. To meet the rising demand of plastic products, the government estimates a need for 4 lakh plastic engineers and today, there are hardly thousands of them available in the market to meet the demand.
Problems Due to Environment, Health & Safety (EHS) Issues from Mechanical Agitator Seals and Pumps
Environment issues in this industry include wastes, air emissions, noise, hazardous materials, etc. Major occupational health and safety issues include process safety, oxygen-deficiency, explosions, etc. EHS expertise of trained professionals is needed to take care of these issues.
The petrochemicals industry receives a lot of critical attention mainly due to the use of plastics. The amount of plastic waste creating congestion and affecting the ecological balance across the world has been seen as the industry’s contribution to climate change. To tackle this issue, biodegradable plastic and other eco-friendly alternatives are being developed.
Although the petrochemical industry is growing slowly at the moment, there is tremendous scope of growth in the coming decades. Plastic engineers, chemical engineers, researchers, safety specialists and many others will be needed to support the expansion plans of the public and private petrochemical companies. Sustainability experts will be in demand too.
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