The Asia-Pacific process safety services market is projected to register a CAGR of 10.1% in the forecast period of 2023 to 2030. The new market report contains data for the historic year 2021, the base year of calculation is 2022, and the forecast period is 2023 to 2030.
Market Segmentation:
Asia-Pacific Process Safety Services Market, By Offering (Solution And Services), Safety Integrity Level (Level 1, Level 2, Level 3, and Level 4), End User (Process Manufacturing, Automotive and Discrete Manufacturing, Utilities, Government, Construction and Real Estate, Retail, and Others), Country (China, Japan, South Korea, India, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines and Rest of Asia-Pacific) Industry Trends and Forecast To 2030
Some of the major factors contributing to the growth of the Asia-Pacific process safety services market are:
High benefits offered by process safety solutions and services
Surging growth in the number of hazardous incidents
Market Players
Some of the key market players in the Asia-Pacific process safety services market are:
Siemens
Johnson Controls
Honeywell International Inc.
Emerson Electric Co.
Schneider Electric
Bureau Veritas
SGS SA
Rockwell Automation
ABB
DEKRA
OMRON Corporation
Intertek Group plc
TV SD
SOCOTEC
MISTRAS Group
HIMA
Ingenero, Inc.
TABLE OF CONTENTS
1 INTRODUCTION 65
1.1 OBJECTIVES OF THE STUDY 65
1.2 MARKET DEFINITION 65
1.3 OVERVIEW OF ASIA PACIFIC PROCESS SAFETY SERVICES MARKET 65
1.4 CURRENCY AND PRICING 68
1.5 LIMITATIONS 68
1.6 MARKETS COVERED 68
2 MARKET SEGMENTATION 77
2.1 MARKETS COVERED 77
2.2 GEOGRAPHICAL SCOPE 78
2.3 YEARS CONSIDERED FOR THE STUDY 79
2.4 DBMR TRIPOD DATA VALIDATION MODEL 80
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 83
2.6 DBMR MARKET POSITION GRID 84
2.7 VENDOR SHARE ANALYSIS 86
2.8 MULTIVARIATE MODELING 87
2.9 OFFERING TIMELINE CURVE 88
2.10 MARKET END USER COVERAGE GRID 89
2.11 SECONDARY SOURCES 90
2.12 ASSUMPTIONS 90
3 EXECUTIVE SUMMARY 91
4 PREMIUM INSIGHTS 93
4.1 PORTERS FIVE FORCE ANALYSIS 94
4.2 REGULATORY STANDARDS 95
4.2.1 OVERVIEW 95
4.2.2 COMAH 95
4.2.3 CONTROL OF MAJOR ACCIDENT HAZARDS REGULATIONS 1999 (COMAH): EMERGENCY PLANNING FOR MAJOR ACCIDENTS 95
4.2.4 CONTROL OF MAJOR ACCIDENT HAZARDS REGULATIONS 2015 (COMAH): 95
4.2.5 HAZOP 95
4.2.6 SIF-PRO 96
4.2.7 IEC 61508 96
4.2.8 IEC 61511 96
4.2.9 BATTERY TESTING 96
4.2.9.1 UL-9540 96
4.2.9.2 UL-9540A 96
4.2.9.3 IEC 62133 96
4.2.9.4 IS 1651 97
4.2.10 NFPA 855 97
4.2.11 DSEAR 97
4.3 STANDARDS AND DIRECTIVES ANALYSIS 97
4.3.1 OVERVIEW 97
4.3.2 PROCESS SAFETY MANAGEMENT (PSM) 97
4.3.3 UNITED STATES ENVIRONMENTAL PROTECTION AGENCY (EPA) 98
5 MARKET OVERVIEW 99
5.1 DRIVERS 101
5.1.1 RISING NEED FOR IMPROVEMENT IN MANUFACTURING MANAGEMENT AND PRODUCT EFFICIENCY 101
5.1.2 STRINGENT GOVERNMENT REGULATIONS FOR HEALTH, SAFETY, AND ENVIRONMENT (HSE) 101
5.1.3 SURGING GROWTH IN THE NUMBER OF HAZARDOUS INCIDENTS 102
5.1.4 HIGH BENEFITS OFFERED BY PROCESS SAFETY SOLUTIONS AND SERVICES 103
5.2 RESTRAINTS 104
5.2.1 HIGH COST OF EXPENDITURE FOR PROCESS SAFETY SYSTEMS 104
5.2.2 COMPLEXITIES ASSOCIATED WITH IMPLEMENTATION STANDARDS 104
5.3 OPPORTUNITIES 105
5.3.1 RISING DEMAND FOR PROCESS SAFETY SERVICES IN PHARMACEUTICAL AND FOOD PROCESSING INDUSTRIES 105
5.3.2 INCREASING NEED TO REDUCE HAZARDOUS EVENTS IN OIL AND GAS INDUSTRY 106
5.3.3 RISING NEED FOR TRAINING FOR THE ENGINEER, OPERATOR, AND MAINTENANCE PROFESSIONALS 107
5.3.4 INCREASING GROWTH OF INDUSTRY 4.0 108
5.4 CHALLENGE 108
5.4.1 LACK OF AWARENESS AMONG INDUSTRIES FOR PROCESS SAFETY 108
6 ASIA PACIFIC PROCESS SAFETY SERVICES MARKET, BY OFFERING 109
6.1 OVERVIEW 110
6.2 SOLUTION 111
6.2.1 PSM PROGRAM MANAGEMENT 112
6.2.2 MECHANICAL INTEGRITY PROGRAM 112
6.2.3 EMERGENCY PLANNING AND RESPONSE 112
6.2.4 PROCESS SAFETY INFORMATION (PSI) 112
6.2.5 PROCESS HAZARD ANALYSIS (PHA) 113
6.2.6 CONTRACTOR MANAGEMENT PROGRAM 113
6.2.7 PRE-STARTUP SAFETY REVIEW (PSSR) 113
6.2.8 STANDARD OPERATING PROCEDURES (SOP) 113
6.2.9 DUST HAZARD ANALYSIS (DSA) 113
6.2.10 MANAGEMENT OF CHANGE (MOC) 113
6.2.11 COMPLIANCE MANAGEMENT 113
6.2.12 AUDITS, INCIDENT INVESTIGATION, AND RESPONSE 113
6.2.13 OTHERS 113
6.3 SERVICES 114
6.3.1 TESTING 115
6.3.2 CERTIFICATION AND INSPECTION 115
6.3.3 CONSULTING 115
6.3.4 TRAINING 115
6.3.5 AUDITING 115
7 ASIA PACIFIC PROCESS SAFETY SERVICES MARKET, BY SAFETY INTEGRITY LEVEL 116
7.1 OVERVIEW 117
7.2 LEVEL 2 118
7.3 LEVEL 3 119
7.4 LEVEL 1 119
7.5 LEVEL 4 120
8 ASIA PACIFIC PROCESS SAFETY SERVICES MARKET, BY END USER 121
8.1 OVERVIEW 122
8.2 PROCESS MANUFACTURING 123
8.2.1 PROCESS MANUFACTURING, BY OFFERING 124
8.2.1.1 SOLUTION 124
8.2.1.1.1 PSM PROGRAM MANAGEMENT 125
8.2.1.1.2 MECHANICAL INTEGRITY PROGRAM 125
8.2.1.1.3 EMERGENCY PLANNING AND RESPONSE 125
8.2.1.1.4 PROCESS SAFETY INFORMATION (PSI) 125
8.2.1.1.5 PROCESS HAZARD ANALYSIS (PHA) 125
8.2.1.1.6 CONTRACTOR MANAGEMENT PROGRAM 125
8.2.1.1.7 PRE-STARTUP SAFETY REVIEW (PSSR) 125
8.2.1.1.8 STANDARD OPERATING PROCEDURES (SOP) 125
8.2.1.1.9 DUST HAZARD ANALYSIS (DSA) 126
8.2.1.1.10 MANAGEMENT OF CHANGE (MOC) 126
8.2.1.1.11 COMPLIANCE MANAGEMENT 126
8.2.1.1.12 AUDITS, INCIDENT INVESTIGATION, AND RESPONSE 126
8.2.1.1.13 OTHERS 126
8.2.1.2 SERVICES 126
8.2.1.2.1 TESTING 127
8.2.1.2.2 CERTIFICATION AND INSPECTION 127
8.2.1.2.3 CONSULTING 127
8.2.1.2.4 TRAINING 127
8.2.1.2.5 AUDITING 127
8.2.2 PROCESS MANUFACTURING, BY TYPE 127
8.2.2.1 CHEMICAL 127
8.2.2.2 CONSUMER GOODS 128
8.2.2.2.1 FOOD AND BEVERAGE 128
8.2.2.2.2 PERSONAL CARE MANUFACTURING 128
8.2.2.2.3 OTHERS 128
8.2.2.3 PHARMACEUTICAL 128
8.2.2.4 METALS AND MINING 128
8.2.2.5 OIL AND GAS 128
8.2.2.6 PULP AND PAPER 129
8.2.2.7 OTHERS 129
8.3 AUTOMOTIVE AND DISCRETE MANUFACTURING 129
8.3.1 SOLUTION 130
8.3.1.1 PSM PROGRAM MANAGEMENT 131
8.3.1.2 MECHANICAL INTEGRITY PROGRAM 131
8.3.1.3 EMERGENCY PLANNING AND RESPONSE 131
8.3.1.4 PROCESS SAFETY INFORMATION (PSI) 131
8.3.1.5 PROCESS HAZARD ANALYSIS (PHA) 131
8.3.1.6 CONTRACTOR MANAGEMENT PROGRAM 131
8.3.1.7 PRE-STARTUP SAFETY REVIEW (PSSR) 131
8.3.1.8 STANDARD OPERATING PROCEDURES (SOP) 131
8.3.1.9 DUST HAZARD ANALYSIS (DSA) 131
8.3.1.10 MANAGEMENT OF CHANGE (MOC) 131
8.3.1.11 COMPLIANCE MANAGEMENT 132
8.3.1.12 AUDITS, INCIDENT INVESTIGATION, AND RESPONSE 132
8.3.1.13 OTHERS 132
8.3.2 SERVICES 132
8.3.2.1 TESTING 132
8.3.2.2 CERTIFICATION AND INSPECTION 132
8.3.2.3 CONSULTING 132
8.3.2.4 TRAINING 133
8.3.2.5 AUDITING 133
8.4 UTILITIES 133
8.4.1 UTILITIES, BY OFFERING 134
8.4.1.1 SOLUTION 134
8.4.1.1.1 PSM PROGRAM MANAGEMENT 135
8.4.1.1.2 MECHANICAL INTEGRITY PROGRAM 135
8.4.1.1.3 EMERGENCY PLANNING AND RESPONSE 135
8.4.1.1.4 PROCESS SAFETY INFORMATION (PSI) 135
8.4.1.1.5 PROCESS HAZARD ANALYSIS (PHA) 135
8.4.1.1.6 CONTRACTOR MANAGEMENT PROGRAM 135
8.4.1.1.7 PRE-STARTUP SAFETY REVIEW (PSSR) 135
8.4.1.1.8 STANDARD OPERATING PROCEDURES (SOP) 135
8.4.1.1.9 DUST HAZARD ANALYSIS (DSA) 136
8.4.1.1.10 MANAGEMENT OF CHANGE (MOC) 136
8.4.1.1.11 COMPLIANCE MANAGEMENT 136
8.4.1.1.12 AUDITS, INCIDENT INVESTIGATION, AND RESPONSE 136
8.4.1.1.13 OTHERS 136
8.4.1.2 SERVICES 136
8.4.1.2.1 TESTING 137
8.4.1.2.2 CERTIFICATION AND INSPECTION 137
8.4.1.2.3 CONSULTING 137
8.4.1.2.4 TRAINING 137
8.4.1.2.5 AUDITING 137
8.4.2 UTILITIES, BY TYPE 137
8.4.2.1 WASTE DISPOSAL 137
8.4.2.2 ELECTRICITY 137
8.4.2.3 HEAT 138
8.4.2.4 WATER 138
8.5 GOVERNMENT 138
8.5.1 SOLUTION 139
8.5.1.1 PSM PROGRAM MANAGEMENT 139
8.5.1.2 MECHANICAL INTEGRITY PROGRAM 139
8.5.1.3 EMERGENCY PLANNING AND RESPONSE 140
8.5.1.4 PROCESS SAFETY INFORMATION (PSI) 140
8.5.1.5 PROCESS HAZARD ANALYSIS (PHA) 140
8.5.1.6 CONTRACTOR MANAGEMENT PROGRAM 140
8.5.1.7 PRE-STARTUP SAFETY REVIEW (PSSR) 140
8.5.1.8 STANDARD OPERATING PROCEDURES (SOP) 140
8.5.1.9 DUST HAZARD ANALYSIS (DSA) 140
8.5.1.10 MANAGEMENT OF CHANGE (MOC) 140
8.5.1.11 COMPLIANCE MANAGEMENT 140
8.5.1.12 AUDITS, INCIDENT INVESTIGATION, AND RESPONSE 141
8.5.1.13 OTHERS 141
8.5.2 SERVICES 141
8.5.2.1 TESTING 141
8.5.2.2 CERTIFICATION AND INSPECTION 141
8.5.2.3 CONSULTING 141
8.5.2.4 TRAINING 141
8.5.2.5 AUDITING 142
8.6 CONSTRUCTION AND REAL ESTATE 142
8.6.1 SOLUTION 143
8.6.1.1 PSM PROGRAM MANAGEMENT 143
8.6.1.2 MECHANICAL INTEGRITY PROGRAM 143
8.6.1.3 EMERGENCY PLANNING AND RESPONSE 144
8.6.1.4 PROCESS SAFETY INFORMATION (PSI) 144
8.6.1.5 PROCESS HAZARD ANALYSIS (PHA) 144
8.6.1.6 CONTRACTOR MANAGEMENT PROGRAM 144
8.6.1.7 PRE-STARTUP SAFETY REVIEW (PSSR) 144
8.6.1.8 STANDARD OPERATING PROCEDURES (SOP) 144
8.6.1.9 DUST HAZARD ANALYSIS (DSA) 144
8.6.1.10 MANAGEMENT OF CHANGE (MOC) 144
8.6.1.11 COMPLIANCE MANAGEMENT 144
8.6.1.12 AUDITS, INCIDENT INVESTIGATION, AND RESPONSE 145
8.6.1.13 OTHERS 145
8.6.2 SERVICES 145
8.6.2.1 TESTING 145
8.6.2.2 CERTIFICATION AND INSPECTION 145
8.6.2.3 CONSULTING 145
8.6.2.4 TRAINING 145
8.6.2.5 AUDITING 146
8.7 RETAIL 146
8.7.1 SOLUTION 147
8.7.1.1 PSM PROGRAM MANAGEMENT 147
8.7.1.2 MECHANICAL INTEGRITY PROGRAM 147
8.7.1.3 EMERGENCY PLANNING AND RESPONSE 148
8.7.1.4 PROCESS SAFETY INFORMATION (PSI) 148
8.7.1.5 PROCESS HAZARD ANALYSIS (PHA) 148
8.7.1.6 CONTRACTOR MANAGEMENT PROGRAM 148
8.7.1.7 PRE-STARTUP SAFETY REVIEW (PSSR) 148
8.7.1.8 STANDARD OPERATING PROCEDURES (SOP) 148
8.7.1.9 DUST HAZARD ANALYSIS (DSA) 148
8.7.1.10 MANAGEMENT OF CHANGE (MOC) 148
8.7.1.11 COMPLIANCE MANAGEMENT 148
8.7.1.12 AUDITS, INCIDENT INVESTIGATION, AND RESPONSE 149
8.7.1.13 OTHERS 149
8.7.2 SERVICES 149
8.7.2.1 TESTING 149
8.7.2.2 CERTIFICATION AND INSPECTION 149
8.7.2.3 CONSULTING 149
8.7.2.4 TRAINING 149
8.7.2.5 AUDITING 150
8.8 OTHERS 150
9 ASIA PACIFIC PROCESS SAFETY SERVICES MARKET, BY REGION 151
9.1 ASIA-PACIFIC 152
9.1.1 CHINA 168
9.1.2 JAPAN 179
9.1.3 SOUTH KOREA 191
9.1.4 INDIA 202
9.1.5 AUSTRALIA 213
9.1.6 SINGAPORE 224
9.1.7 TAIWAN 235
9.1.8 MALAYSIA 246
9.1.9 NEW ZEALAND 257
9.1.10 THAILAND 268
9.1.11 INDONESIA 280
9.1.12 PHILIPPINES 292
9.1.13 VIETNAM 304
9.1.14 REST OF ASIA-PACIFIC 316
10 ASIA PACIFIC PROCESS SAFETY SERVICES MARKET, COMPANY LANDSCAPE 317
10.1 COMPANY SHARE ANALYSIS: ASIA PACIFIC 317
11 SWOT ANALYSIS 318