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blueweave01 · 3 years
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India Dry Ice Market Exhibiting Marvelous Growth: Anticipated to Record a CAGR of 4.7% by 2027
A study recently conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the India dry ice market is expected to clock a notable 4.7% CAGR during the forecast period (2021-2027). The India dry ice market is primarily supported by the rising demand for dry ice as a refrigerant in the transport, food industry, transportation, medical, and entertainment sectors. Furthermore, the growing global business of high-quality perishable food products transportation requires advanced refrigeration facilities to keep food products at the proper temperature. This is yet another factor that is powering the growth of India dry ice market.
The growing import & export activities related to drugs & vaccines and the thriving organized retail & foodservice industry are playing a key role in expanding the India dry ice market demand. Serum Institute of India is a major manufacturer of Covishield vaccines, delivering them all over the world. According to the Ministry of External Affairs, till May 2021, India has shipped 663.698 lakhs vaccines to more than 90 countries across the globe. With the abundance of vaccines available in India, there was a spike in demand for dry ice, which boosted the market growth of the India dry ice market.
Rising Demand for Dry Ice in New and Diverse Industrial Applications Driving the Market Forward
The growing popularity of dry ice blast cleaning in a range of manufacturing applications is a major factor driving the growth of the India dry ice market. It is increasingly used in medical and biotechnology, as well as the automotive industry, industrial manufacturing, and the food and beverage industries. In the medical field, it is widely used to ship food and specimens, organs, blood, and pharmacy items. It can even be deployed in food production. As the most recent innovation in the product, dry ice in the form of rice has undoubtedly proven to be a game-changer. The Indian dry ice market is being boosted by an increase in the number of uses of dry ice.
The emergence of the processed food market in India has also propelled the growth of the India dry ice market. The food processing industry, according to the India Brand Brief Foundation, is one of India's largest industries, ranking fifth in terms of output, consumption, and exports. Additionally, India's food processing industry is anticipated to be worth more than half a trillion dollars by 2025.
Dry Ice Used for Storing Drugs and Vaccine Proving Favorable for Market Growth
Dry ice has three times the cooling power of water ice; it sublimates without leaving any residue and is non-toxic and non-flammable. These are the key properties of dry ice for which it is increasingly used for storing drugs and vaccines. As the world fights COVID-19, prominent pharmaceutical companies have begun distributing vaccines to other countries. As the distribution of COVID-19 vaccines starts rolling out across the globe, dry ice has become a hot commodity. These ultra-cold blocks of carbon dioxide, measuring minus 109 degrees Fahrenheit, are required for storing temperamental vaccinations at the proper temperature, fueling the India dry ice market's growth.
Dry ice is considered the absolute star of the COVID-19 pandemic as it facilitates the smooth transportation of vaccines around the globe. As India is the largest manufacturer of vaccines in the world, India is helping out different countries by supplying vaccines. Pzifer and BioNTech SE vaccines require a temperature range of -112 to -76 degrees Celsius to maintain their quality. This optimal temperature is only achievable using dry ice. Thus, the increasing use of dry ice in vaccine storage has been propelling the growth of the India dry ice market.
Cleaning Type Segment in India Dry Ice Market caters to The Largest Share
The cleaning type segment held the largest market share in 2020 and is likely to maintain its dominance during the forecast period as well as it reduces the usage of dangerous chemicals, eliminates waste, and is environmentally beneficial. The printing industry widely recognizes cleaning type as the most efficient and fastest way for cleaning presses and associated equipment like drums, grippers, rollers, ink trays, gears, print decks, and so on. It also helps remove grease, paper dust, hot melt adhesive, oil, and glue, which in turn is propelling the growth of the India dry ice market.
India Dry Ice Market: Regional Insights
The India dry ice market is segmented into Eastern India, Northern India, Southern India, Western India region. Western India dominates the India dry ice market and is likely to maintain its dominance even during the forecast period. Because the entertainment industry conducts the majority of stage shows in the Western part of India in order to create snow clouds and low-lying fog effects, the western region is leading the market across the country. Besides this, an upsurge in demand for dry ice in the industrial sector, transportation, and health care is also fueling the growth of the dry ice market in the region. Furthermore, there are 62 prospective food processing facilities in India, with Maharashtra accounting for the greatest number of projects under construction, presenting a profitable opportunity for the dry ice market in India.
Impact of COVID-19
The COVID-19 pandemic has caused havoc across industries. Several countries, including India went under lockdown to curb the spread of the deadly coronavirus. Moreover, the manufacturing units went under temporary suspension of operations due to lockdown restrictions and social distancing norms. Besides this, the suspension of operation created an imbalance over demand and supply. Moreover, there was a disruption in the supply chain as well due to nationwide lockdown. Nevertheless, the dry ice market was positively impacted due to lockdown and work-from-home scenarios. As the demand for ready-to-eat and packaged foods such as meat, frozen desserts, and snacks grew in India during the lockdown phase, the demand for dry ice demand also grew exponentially.
The Leading Players in The India Dry Ice Market are Sigcil India, Tripti Dry Ice, Yara International, S.R Industrial Dry Ice, South India gases & Dry Ice, PR Traders, Dhillon Dairy & Ice Factory, Anand Ice Depot, Kavery Dry Ice, Manav Gases Pvt Ltd, Polarice Dry Ice, Linde Industrial Gases, Air Water Carbonic, Praxair, Messer Group, Polar Ice, Continental Carbonic, and other prominent players. Competition in the market is driven by the quality of the products on offer and the cost-effective manufacturing processes that can increase productivity and reduce costs.
Recent Developments
In June 2021, The Indian Council of Medical Research proposed delivering vaccines through drones in various parts of the country. The main areas of the target were the remote areas and difficult to reach geographies of India. This collaboration has been done with IIT-Kanpur. Vaccines are sent via drone in an icebox with ample dry ice to maintain a safe temperature for COVID-19 vaccines. These boxes will have 4G network connectivity to support the tracker through a mobile application.
Don’t miss the business opportunity of India dry Ice market. Consult our analyst, gain crucial insights and facilitate your business growth.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of India dry ice market size & forecast. The report promises to provide recent technology trends of India dry ice market and industry insights which help decision-makers to make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges and competitive dynamics of the market.
About Us
BlueWeave Consulting provides all kinds of Market Intelligence (MI) Solutions to the businesses regarding various products and services online & offline. We offer comprehensive market research reports by analyzing both qualitative and quantitative data to boost up the performance of your business solution. BWC has built its reputation from the scratches by delivering quality inputs and nourishing the long-lasting relationships with its clients. We are one of the promising digital MI solutions company providing agile assistance to make your business endeavors successful.
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thisdaynews · 3 years
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BREAKING:FG Lists NIN Enrolment Centres Nationwide.
New Post has been published on https://thebiafrastar.com/breakingfg-lists-nin-enrolment-centres-nationwide/
BREAKING:FG Lists NIN Enrolment Centres Nationwide.
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The Federal Government has approved 173 centres and 30 state government institutions for the National Identity Number enrolment across Nigeria. This was contained in a public notice on the website of the National Identity Management Commission titled, ‘ Approved Data Capturing Agents ( Digital Identity Ecosystem)’ on Wednesday. The Nigerian Communications Commission had recently asked telecommunication service subscribers to block SIM cards not registered with NIN after two weeks. However , the House of Representatives has asked the Federal Government to extend the deadline for the provision of NIN by telcos to 10 weeks.
The House, at the plenary on Wednesday , described the two weeks given to SIM card users by the Nigerian Communications Commission to provide their NIN to service providers as grossly inadequate . The notice read , “ The Honorable Minister of Communications and Digital Economy , Dr . Isa Ali Ibrahim ( Pantami ) , has approved the licensing of 173 Agents and 30 State Governments/Public Sector Institutions to conduct enrolment of all persons including legal residents into the National Identity Database on behalf of the National Identity Management Commission . “ Pursuant to the above , find the list of all the successful firms who satisfied all the evaluation criteria as stated in the Advert for the Expression of Interest ( EOI) of each of the respective categories in full . The Commission congratulates all those who have been cleared to conduct enrollment of all persons on behalf of NIMC for data capture services .
CATEGORY A : PRIVATE LIMITED LIABILITY COMPANY 1. Adebola Sobanjo Company Ltd 2. Afritech Multiconcept Ltd 3. Airtel Network Limited 4. Aliph Technologies Ltd 5. Amex West Africa Ltd 6. AndyzInegrated Services Ltd 7. Atl Activate Tech Limited 8. Basaleh Global Services Ltd 9. Basmak Technologies Ltd 10. Bellokano . Com Ltd 11. Beu – Synergy Solutions Ltd 12. Biosec Solutions Ltd 13. Biosecureone Ltd 14. Blackstones Engineering Ltd 15. Citizen Helpline Ltd 16. Cobaz Projects Ltd 17. Cynox IT Ltd 18. Dantata Universal Services Nig Ltd 19. Datamining Company Ltd 20. Datees Global Concept Ltd 21. DavedestInegrated Service Ltd 22. Dune Engineering & Construction Ltd 23. Electronic Payplus Ltd 24. Estabet Synergy Ltd 25. Emerging Markets Telecommunications Services Limited ( 9Mobile ) 26. Etranzact 27. File Solutions Limited 28. Fingertips Enterprises Int . Partners Ltd 29. FlexisafEdusoft Ltd 30. Globacom Limited 31. Greenmozis Ltd 32. Hunter & Cook Ltd 33. Ibolda Health International Ltd 34. Interra Networks Ltd 35. Jetlink Limited 36. Joeson Consult Ltd 37. Joma Investments Ltd 38. Juads Technologies Ltd 39. Kevone Consult Ltd 40. Khahus Consulting Solutions Ltd 41. Kimberely Matt Nig Ltd 42. Knowledge Resource Ltd 43. Knowledge Square Foresight Ltd 44. Kruggerbrent & Co Ltd 45. Lasventures Global Services Ltd 46. Laukamz & Co Ltd 47. Leema Investment Nig Ltd 48. Lexington Technologies 49. Liviasoft Technologies Ltd 50. MTN Nigeria Communications Plc . 51. Multibase Investment Ltd 52. Nehemic Nig Ltd 53. Ninto Company Nigeria Limited 54. Nolia Consult Ltd 55. Nouveltech Ltd 56. NQLB Nig Ltd 57. Office Machines Nigeria Limited 58. Pandus Powell ’s Nig Ltd 59. Paychex International 60. Payvision Plus Nig Ltd 61. Pen Prime Ltd 62. Phase Point Platforms Ltd 63. Pyrich Group Ltd 64. Research and Data Solutions Ltd 65. Rhino Niger Networks Ltd 66. Samuiky Global Ltd 67. Sanstonz Consultancy Services Ltd 68. Seamfix Nig Ltd 69. Service Management Consultancy Ltd 70. Slogani Consults Nig Ltd 71. Socket Works Ltd 72. Softcom Ltd 73. Solcorn Technologies Ltd 74. Succesory Nig Ltd 75. Tech Systems Ltd 76. Tenece Professional Services Ltd 77. Thrixes Technologies Ltd 78. Unified Payment Services Ltd 79. Vantage Management Consultancy Ltd 80. VDT Communications Ltd 81. Verifix Concept Ltd 82. Verifyme Nig Ltd 83. Verse It Ltd 84. Volsus Energy Ltd 85. Xptech Power Ltd 86. YWC Technologies Ltd 87. Zebra Multi Services Ltd CATEGORY B: NON -GOVERNMENTAL ORGANIZATION AND CIVIL SOCIETY ORGANIZATIONS 1. Africa Youth Growth Foundation 2. An Nadaa Educational Foundation 3. Arrida Relief Foundation 4. Excellent World Foundation 5. Hadejia Ina Mafita Initiative Community Based Organization 6. Mimido Initiative & Development 7. Murna Foundation CATEGORY C : START- UP COMPANIES AND SMALL, MEDIUM ENTERPRISES S/ N NAME 1. AA & T Consulting Services 2. Agile Talata Enterprise Ltd 3. Andy Links GPS Data Tracking Services Ltd 4. Avas Tech Ltd 5. Azera Data Ltd 6. Babalola Olawale & Kadeba Ayodele Globacom Office 7. Data Formula Global Concept Ltd 8. De Blue Shangarilla Limited 9. Digidynamics Technologies Ltd 10. Dtrexx Continental Services Ltd 11. Ebe Data Services Ltd 12. Ekuleku Innovation System Ltd 13. Emjeh Multi- Investment Ltd 14. Gefau Global Services Limited 15. Grayhart Ltd 16. Improved Data Solutions & Information Technology Ltd 17. Joreal Nigeria Limited 18. J – Mech Distribution Ltd 19. Kable Premium Hub Ltd 20. Kamanda Global ICT International Nigeria Limited 21. Kasu Global Consult Ltd 22. Layonas Engineering Nig . Ltd 23. Legelege Entries & Travs Ltd 24. Linx Spatial Systems Ltd 25. Moriah Rock International Ltd 26. Napi Technologies Ltd 27. OAR College of Health & Technology 28. Omokhoje Sam- Jegede & Co 29. Pomade Consulting Ltd 30. Oridum Limited 31. Prestigious ICT Investment Ltd 32. Prioclen Limited 33. Primeage Success Team Ltd 34. Randaframes Engineering 35. Rayons D’ or Ltd 36. Reffi Global Ltd 37. Rovins Global Services Ltd 38. Ruks Enterprise International Global Ltd 39. Sabon Sara ICT Global Concept 40. Seas Data Resources Ltd 41. Simpson Ventures Limited 42. Spaceblog Technologies Ltd 43. Spherical GIS & RS Ltd 44. TBL Quantum Digital Tech Ltd 45. Teenth Integrated Global Services Ltd 46. UGS Technologies Ltd CATEGORY D : SMALL, MEDIUM ENTERPRISES SMES ( B 1) 1. A .F . Partnership 2. AA & MM Masterclass Enterprises 3. Abuchi Ed Ogbuchi & Co 4. Adeoye & Associates 5. Ajiboye Adeoye & Co 6. Best Internet Café 7. Bin Khalifa Global Resources 8. Friends Café & Gen Printing Services 9. Fx -Keyplus Concepts 10. Gomfid Multi Services 11. Himbell Company Ltd 12. Hub House Global Limited 13. IsahNguru Ventures 14. Jibyes Consulting 15. Jubilee Computers and Logistics 16. Kayode Ogunro & Company 17. Lukadol & Associates Ltd 18. Maydan Associates 19. Miandkay Enterprises 20. Micropro Global Comm 21. N . A . Samuelson Business Consult 22. New Age Computer CBT Enterprises 23. OAR Educational Services & Innovation Centre Ltd 24. Olusuyi Agboola & Co 25. Parity – Bit Systems 26. Pentium Paul Ltd 27. Primetouch Computers 28. Real Positive Friends 29. Stanford Exclusive Associates Ltd 30. Taju Audu & Company 31. Theo ICT Integrated 32. Yudee Integrated Resources 33. Zincom Technology PUBLIC SECTOR INSTITUTIONS – STATE GOVERNMENTS 1. Abia State Government 2. Adamawa State Ministry of Special Duties 3. Akwa Ibom State Ministry of Science & Technology 4. Cross River State Government 5. Delta State Ministry of Economic Planning 6. Ebonyi State Ministry of Information & State Orientation 7. Gombe State Government 8. Lagos State Residents Registration Agency 9. Kaduna State Residents Registration Agency 10. Katsina State Institute of Technology and Management 11. Kano State Ministry of Special Duties 12. Nigeria Postal Service 13. Ogun State Government 14. Oyo State Ministry of Finance 15. Sokoto Investment Company Limited 16. Zamfara State Government PUBLIC SECTOR ORGANIZATIONS 1. Abuja Enterprise Agency 2. Central Bank of Nigeria (Nigeria Inter – Bank Settlement Systems Plc ) 3. Corporate Affairs Commission 4. Defence Space Administration 5. Economic and Financial Crimes Commission 6. Independent National Electoral Commission 7. Joint Tax Board 8. Military Pensions Board 9. National Agricultural Extension & Research Liaison Services 10. National Commission for Refugees , Migrants & Internally Displaced Persons 11. National Health Insurance Scheme 12. National Pension Commission Nigeria Communications Commission 13. National Population Commission 14. Nigerian Postal Service
FG lists NIN enrolment centres nationwide
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