Cold Chain Business Prospects 2022 | Thermal Control Business Update | HVAC ForumCold Chain Business Prospects 2022 | Thermal Control Business Update | HVAC Forum
From the time, Covid cases were reported; its devastating impact led to the challenges of protecting, transporting and safely storing temperature-sensitive goods worldwide. The Cold chain logistics management process deals in storing and delivering products at specific refrigerated temperatures. The required temperature instability would make the product unusable, resulting in its waste value. The transportation of temperature sensitive materials relies on thermal and refrigerated packaging methods and logistical planning to protect the value of shipment.
Global cold chain logistics market is projected to reach $585,105 mn by 2026, from $159,988 mn in 2018 at a CAGR of 17.9% from 2019 to 2026. Cold chain begins with storage facilities at manufacturers’ place, packaging to prevent spoilage; inventory monitoring including temperatures, humidity level and other factors that can affect the product to be delivered by land, air, rail or sea. However, the containers should be equipped to maintain temperature requirements ensuring safe product handling as it reaches the door step of the end user.
On this note, Thermal Control Business Update HVAC Forum hosted a round table conference on “Cold Chain Business Prospects 2022” on 11th January 2022 where HVAC professionals discussed about the untapped opportunities in cold chain logistic industry and also discussed trends, new and NextGen sensor technologies, storage facilities, transit, equipment and market outlook.
Panel Speakers:
Mr. Jonathan Brett Mario Gomez, Crystal Group
Mr. Ankit Jhanwar, Pluss Advanced Technologies
Mr. Pankaj Mehta, Carrier Transicold
Mr. Rajat Gupta, Tessol
Mr. R Anish Simha, Rinac India Limited
