July 9, 2024
Chemical industries - High volume demands and critical usage. One solution - Atlas Copco Specialty Rental.
Chemicals are the lifeline of a number of industries around the world, and play a very crucial role across different sections of the society today. From healthcare to clothing, paints to agriculture, and even construction, the importance of chemicals is constant. So not only is the requirement continuous, but also in quite large volumes. To take a quick look at the global chemical industry, it was estimated to be worth USD 6.0 trillion in 2023 – an CAGR increase of 2 % from USD 5.9 trillion from 2022. Asia-Pacific (APAC) region in 2023 emerged as the largest chemical market, experiencing a robust growth rate of 4.0% in market size compared to 2022. As per the Chemical Industry Outlook 2024 report, the chemical industry is poised to witness a significant trend as it strives to decarbonize supply chains, responding to a global imperative to reduce carbon emissions and foster sustainability.
While the total demand for chemicals was almost stable in 2023, the demand for chemicals and materials needed to support the energy transition is expected to rise in 2024.
Let's hear from our expert, Raman Matta, how Atlas Copco Rental is empowering the chemical industry for the future.
How does the availability of compressed air impact the operations of chemical industries?
Compressed air is essential for various functions in chemical industries, including pneumatic conveying, agitation, and instrumentation. Its availability ensures smooth operation of equipment and processes, contributing to efficiency and productivity in chemical manufacturing.
How Rental Equipment helps this companies: Renting air compressors provides flexibility to scale up or down based on demand. Whether it's for short-term projects, seasonal peaks, or unexpected increases in production, rental equipment ensures that the necessary compressed air capacity is readily available without the need for large capital investment.
How does Atlas Copco Rental boost safety with its offerings in the chemical industries?
The availability of compressed air and the use of rental equipment are crucial for chemical industries. Compressed air is vital for operating safety systems and maintaining equipment, ensuring smooth and safe operations. Rental equipment allows companies to quickly adjust to changing demands without large investments, providing flexibility and cost savings. It also ensures access to well-maintained equipment, reducing downtime and maintenance costs. Overall, this combination enhances safety, operational efficiency, and financial performance in chemical manufacturing.
Why would chemical companies need to rent nitrogen generators, and how do these help them?
Chemical processes often necessitate nitrogen for blanketing and purging applications. Renting nitrogen generators offers a cost-effective solution, providing on-site nitrogen supply tailored to specific purity requirements. This ensures uninterrupted access to nitrogen gas, enhancing safety and efficiency without reliance on liquid nitrogen suppliers.
During shutdowns or turnaround jobs, chemical companies often buy liquid nitrogen for purging and inerting but its normally unsafe in terms of gas handling. To ensure safety with efficiency renting an onsite nitrogen generator provides a continuous supply to inert equipment and prevent explosions, enhancing safety during these high-risk periods. It offers operational flexibility, allowing companies to scale nitrogen supply based on needs without the high upfront costs of purchasing equipment. Well-maintained rental generators reduce the risk of delays and ensure reliability. Additionally, the quick deployment of rental units helps adhere to tight schedules, and the availability of rental options supports emergency readiness, minimizing downtime and potential losses. Overall, renting nitrogen generators ensures the successful and timely completion of shutdowns and turnarounds.
What rental requirements exist for steam boilers and chillers in the chemical industry, and how do rental solutions support these needs?
Steam is crucial for heating and powering equipment in chemical manufacturing, while chillers are essential for temperature control. Rental boilers bridge gaps in steam supply during maintenance or downtime, minimizing production disruptions, and rental chillers provide additional cooling capacity during demand spikes or maintenance. Rental providers offer installation and operational support for both boilers and chillers, ensuring reliable and efficient performance and maintaining uninterrupted operations.
Application study:
Application of Hot Dry Air in the Chemical Industry:
In the chemical industry, hot dry air ans nitrogen is often required for various processes, including inerting, heating, and drying pipelines and equipment. For example, rental solutions can provide 100% oil-free compressed air heated to 170°C at 5 barg using a robust external heater or heat of compression. This hot, dry air effectively removes residual moisture and oxygen from the pipelines, ensuring safe and efficient inert conditions for various chemical processes. Utilizing rental equipment offers flexibility, cost-effectiveness, and expert support, ensuring high-quality and reliable performance without the need for permanent capital investment.