The industrial plant maintenance market - Italy

1.2 The global market

The global commercial and industrial machinery and equipment repair and maintenance market will grow from $***.** billion in **** to $***.** billion in ****, with a compound annual growth rate (***) of *.* percent. The war between Russia and Ukraine has hindered the chances of global economic recovery from the COVID-** pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple nations, increased commodity prices, and disruptions in supply chains, causing many costs of goods and services to skyrocket and affecting many markets around the world. The commercial and industrial machinery and equipment repair and maintenance market is expected to grow to $***.** billion in ****, with a CAGR of *.* percent.

This calculation includes revenue earned by companies through reducing costly downtime and decreasing the risk of workplace accidents. Market value includes the value of related goods sold by the service provider or included in the service offering.

The market value of repair and maintenance of commercial and industrial machinery and equipment World, ****-*****, in US$ billion GlobeNewswire

Commercial and industrial machinery as well as equipment repair and maintenance refers to the repair and maintenance of industrial machinery and equipment, but also to the maintenance of machinery and equipment ...

1.3 The Italian market

The following graph shows the trend in turnover of companies active in industrial machinery repair between **** and ****, the latest year for which Istat data are available.

From **** to ****, there was a significant increase in turnover from *.** billion to *.** billion. In ****, there was a slight decrease in turnover to *.** billion, followed by a moderate increase in subsequent years until ****, when a turnover of *.** billion was reached. In ****, there is a peak of *.** billion, followed by a slight decline in **** to *.** billion. However, in ****, turnover rebounded to *.** billion euros, marking the highest value in the time frame considered. Finally, in **** there was a decrease to *.** billion euros. This decline could be due to the impact of the COVID-** pandemic on the manufacturing industry and the demand for repair services, with many companies having to reduce or suspend their operations due to health restrictions.

Turnover of companies active in machinery repair Italy, ****-****, in billion € Istat

Industrial site remediation:

Regarding the remediation of industrial sites, no data are available on the value of interventions. However, Ispraambiente has published a report containing information on the number of remediation procedures underway in the country. The total number of sites undergoing remediation proceedings is **,***. **,*** of them have ...

1.4 The impact of covid and inflation

As said in the previous point, the total turnover of firms engaged in machinery repair and maintenance decreased in ****, mainly due to the pandemic. Despite this decrease in turnover, other data related to the industry showed an upward trend:

Production value:

Production value increased from *.** billion in **** to *.** billion in ****, continuing the upward trend from ****.

Production value of machinery repair and maintenance Italy, ****-****, In billion € Istat

The number of enterprises:

The number of enterprises in the sector also reported growth in ****, which then continued with greater vigor in ****, this could indicate a gradual fragmentation of the sector, but this will be analyzed in more detail in Section *.*.

Number of machinery repair and maintenance enterprises during the pandemic period Italy, ****-****, in thousands Istat

Inflation:

In the recent period, Italy has been experiencing, like the rest of the world, a period of high inflation. This has likely affected prices for industrial plant repair and maintenance services, although no data are available on this.

The consumer price index for the whole of Italy, ****-****, base ****=*** Istat

2.1 The question

Oil plants:

As of today (***), there are ** refineries in Italy, a number that has decreased in recent years, in fact in **** there were ** [***].

Petrochemical plants need constant maintenance, particularly because of corrosion, fouling, and vibration [***]:

Corrosion: Corrosion is a complex phenomenon and an important factor in the damage of units within a refinery. This phenomenon occurs mainly for electrochemical reasons. Two electrochemical potentials may develop in two different zones of the system for various reasons. When these are connected by an electrolyte fluid, they induce an electric current that causes one zone to become the anode and the other the cathode of an electric circuit. it is important to remember that any fluid within the refinery can act as an electrolyte fluid. Fouling: Fouling is an unavoidable and common problem during the operational phase of a device. For proper design and use, it is critical to understand the types of fouling that can occur, the amount of fouling and related performance losses, the limits of use imposed by this phenomenon, how to limit it over time, and how to clean the equipment to restore performance. Fouling can result from a variety of causes and can occur simultaneously while the unit is ...

2.2 The prices of petrochemicals

First half ****: [***]

In ****, uncertainty in the operating environment and distortions from normality were key elements. Despite these challenges, petrochemicals and plastics prices continued to rise, often reaching levels close to historic highs, thanks to crucial support provided by interregional trade. In the United States, downstream demand was remarkably robust, thanks to the stimulus and expectations associated with economic recovery in the post-pandemic period. Although weather was the determining factor, price declines in both Europe and the United States seemed unlikely. Demand remained consistently strong, with supply fluctuating between tension and adjustment, influenced in Europe by spring maintenance campaigns. Although it was difficult to predict a significant change in the short term by observing product chains, it remained to be understood whether buyers were satisfied with the current situation or would resist inflationary pressures. In addition, commodity chemical spreads were ** percent higher than the five-year average between April **** and April ****. Meanwhile, U.S. markets were gradually recovering from the devastation caused by the winter cyclone that had severely affected manufacturing and logistics infrastructure in the Gulf of Mexico area.

In the first half of April ****, polyethylene prices rose considerably. Imports from Asia continued to be problematic due to delivery and logistics obstacles. ...

2.3 The geographical distribution of the demand for reclamation proceedings

To analyze the geographic distribution of the demand for remediation proceedings, only ongoing proceedings were considered, which include sites to be investigated, potentially contaminated, and contaminated.

Lombardy, with *,*** sites, appears to be the region with the highest number of areas in this condition, a figure that may reflect both the area's long industrial history and the density of population and economic activity. Tuscany, with *,*** sites, and Veneto, with *,***, are the regions with the second and third highest number of contaminated or potentially contaminated sites. Again, the presence of historical industrial activities could be a determining factor. In Friuli Venezia Giulia, *,*** sites are present, while other regions such as Piedmont and Emilia-Romagna record *** and *** sites, respectively. In these regions, too, industrialization may have contributed to these figures. On the other hand, regions such as Molise and Basilicata show relatively low numbers, with ** and ** sites respectively, which may reflect a lower density of industrial activities.

3.1 The market structure

The plant maintenance market in Italy is a dynamic and complex sector that plays a key role in the country's economy. The structure of this market is characterized by a variety of players that include small and medium specialized companies, large multinational companies, and freelancers. This diversity of players reflects the range of customer needs, which can vary from work on small facilities to maintenance contracts for large industrial complexes.

The number of firms:The number of firms in the machinery maintenance sector in Italy has decreased from **,*** in **** to **,*** in ****. Despite an initial increase until ****, the trend of the decade has been mostly negative, with a significant decline between **** and ****. However, there was a slight increase in the number of enterprises between **** and ****. When the entire period is considered, the number of enterprises decreased by about *.* percent between **** and ****.

Number of enterprises in the machinery repair and maintenance sector Italy, ****-****, in number Istat

Number of employees:

Employment in the machinery maintenance sector in Italy showed fluctuations over the decade under consideration, with an overall positive trend until ****, followed by a decline between **** and ****. The number of people employed increased from **,*** in **** to **,*** in ****. Overall, between **** and ****, the number of ...

3.2 The value chain

3.3 The main players

Several companies are present in the Italian petrochemical plant maintenance market. Some of the most important are:

STC S.r.l.: Based in Busseto, this company offers plant design and maintenance in the energy, petrochemical, industrial, and civil sectors, among other services. Nuova SMI S.r.l.: Founded in **** as SMI, the company specializes in the maintenance, construction, and assembly of industrial plants. Its activities span various sectors such as chemical, petrochemical, food, wastewater treatment, drinking water plants, and pharmaceutical. AIM service Italia S.r.l.: a company based in Bassano del Grappa that operates specialized maintenance of all industrial plants, in chemical, petrochemical, refining, and power generation. Maintenance global service S.r.l.: Maintenance global service has been operating in the field of maintenance of complex industrial plants, in the fields of power generation, industrial purification, and in the chemical and petrochemical industries for almost two decades. Coemi S.r.l.: COEMI was established in **** as an emanation of the Prestigiacomo Company. It carries out installation and maintenance of electrical and instrumentation systems for chemical, petrochemical, manufacturing, and pharmaceutical companies.

4.1 The offer

Industrial plant maintenance generally follows a proactive, preventive, or predictive approach, which is far preferable to reactive maintenance that essentially involves replacing or repairing a piece of machinery only after it has failed [***]:

4.2 The prices

Costs associated with maintenance are often a critical item in the corporate budget. These costs are not fixed but vary depending on a number of factors that are specific to the corporate infrastructure.

First, one must consider the type of buildings and facilities that the company operates. For example, the maintenance of an office complex will differ from that of a manufacturing facility. Similarly, the age and cost of machines have a significant impact on the maintenance budget: older machines may require more frequent maintenance, while more expensive machines may need more expensive spare parts.

In addition, one must consider the complexity of the machines and the difficulty of integrating or replacing them. For example, machines that use outdated technologies might require specialized skills or hard-to-find spare parts, which could increase maintenance costs.

In addition to these factors, the needs and expectations of the company must also be taken into account. What is the level of reliability required for the facilities? How much downtime is the company willing to tolerate? Answering these questions can help define an appropriate maintenance budget.

To determine the correct budget, collaboration between financial planners and maintenance managers is critical. This is because the budget cannot be ...

4.3 New supply trends

The future of corporate maintenance will be characterized by digitization and automation. The widespread use of digital technologies in factories and other organizations is expected to streamline maintenance programs, increase productivity and create safer environments for workers, thereby improving the bottom line of industrial organizations.

This vision is fueled by the quick development of digital technologies, which makes it difficult for companies to keep up with the pace of change, affecting their competitiveness and their ability to cope with market pressures.

Some trends that will drive the evolution of enterprise maintenance in the near future are:

Increasing proactive maintenance to reduce downtime: Companies will move toward more proactive approaches to maintenance, to reduce downtime and improve productivity. Growing cognitive automation in maintenance systems: Future maintenance tasks will not only be highly automated but also more intelligent. Maintenance systems will be able to self-diagnose faults, thus minimizing human intervention. Adoption of Prescriptive Maintenance (***) principles: Supported by artificial intelligence and data analysis tools, RxM will instruct workers to take action only when and where it is needed, improving maintenance efficiency. Adoption of a "green" approach to maintenance: Proactive approaches to maintenance will also aim to optimize environmental performance by reducing raw material waste ...

5.1 The regulation

The main standards relevant to the field of maintenance are:

UNI EN *****:****: specifies generic terms and their definitions for the technical, administrative, and management areas of maintenance. UNI *****:****: provides the most commonly used terms in the Maintenance sector that should be read in conjunction with those used in UNI EN *****. UNI EN *****:****: describes a system for the management of maintenance indicators (***) designed to measure its performance in the context of influencing factors such as economic, technical, and organizational aspects, to evaluate and improve its efficiency and effectiveness to achieve excellence in the maintenance of technical assets. UNI *****:****: indicates principles, criteria, and methods for establishing, organizing and managing the maintenance process. UNI *****:****: describes the management of a maintenance contract. UNI EN *****:****: provides guidelines and indicates obligations about documentation related to the maintenance process. Legislative Decree **/****: establishes specific obligations For workplaces (***), For equipment (***), For electrical systems (***), heating systems, and so on until all are included.

6.1 Market segmentation

Facilities maintenance:

Land reclamation:

• Stc S.r.l
• Nuova SMI S.r.l.
• AIM service Italia S.r.l.
• Maintenance global service S.r.l.
• Coemi S.r.l.
• Petroltecnica S.p.a.
• Mosaiko S.r.l.
• Gestam S.r.l.