Client Background:
The customer is a global leader in measurement instrumentation, services, and solutions for industrial process engineering.
Challenges:
- Most used process instruments that are disposed of lack a structured route for refurbishment, secondary use, sustainable disposal, or recycling. This leaves their material and value recovery unrealized.
- Most organizations deploying intelligent sustainable solutions for instrument reuse are dispersed, fragmented, and poorly documented.
- Most technologies, including advanced corrosion-prevention refurbishment, advanced recycling, sustainable disposal, and advanced sorting techniques, are present but haven’t been benchmarked against each other for fit or feasibility.
- Recycling cost structures and e-waste regulations are not that well understood in India, which complicates climate-ready and sustainability commitments.
- Most stakeholders are interconnected across the value chain, which complicates identification of intervention points and ideal partnerships for each stage.
Engagement Objective:
The engagement aimed to present advancements in refurbishment, recycling, disposal methods, and innovative secondary use of end-of-life process instruments in India. It encompassed:
- Identification of technologies like advanced corrosion prevention and refurbishment techniques, advanced sorting techniques, advanced recycling, sustainable disposal, and others to achieve sustainable recycling of used process instruments
- Identification of key players involved in deploying intelligent sustainable solutions to reuse process instruments that end up in the scrap bin
- Identification of different stakeholders linked to each other in a value chain
Approach:
Our structured secondary research and a consistent mapping methodology included:
- Portfolio Understanding: Developed a detailed understanding of the client portfolio to base the research on the categories and instruments that are actually in scope
- Competitor Research: Conducted searches on secondary sources to identify the key competitors and their solution offerings in the technology domain
- Technology Sourcing: Searches were conducted across various databases to identify advanced techniques/solutions
- Dataset Mapping: Mapped the shortlisted dataset to align players, technologies, and value chain stages in a systematic structure
- Analytical Conversion: The mapped data was used to generate graphical data and actionable insights
- Interpretation: A possible interpretation of the identified facts was prepared to translate findings into decision-ready conclusions
Solutions Offered:
Client Impact:
The provided report helped the client to analyze the potential players, services, and technologies that can be implemented for the scrapped process instruments to achieve sustainability. Further, the client was able to identify the focus of players with advanced technologies that can be used in process instrument recycling or refurbishment, with a specific focus on sustainability and climate neutrality. The study also shared information regarding E-Waste regulations and E-Waste recycling cost analysis.
Key players with their service offerings, such as repair, refurbishment, and reconditioning, helped the client analyze the current scenario for sustainability in India. Further, company profiling information shared in the report regarding prominent players that focus on refurbishing process instruments after end-of-life helped the client choose the best service provider based on the specific needs of his current process instruments’ condition.
