Boiler & Heat Exchanger Manufacturing in the US - Industry Market Research Report

Boiler & Heat Exchanger Manufacturing in the US - Industry Market Research Report

  • June 2019 •
  • 37 pages •
  • Report ID: 499389 •
  • Format: PDF
Heating up: Rebounding industrial and general manufacturing activity will boost industry demand

Abstract

Boiler & Heat Exchanger Manufacturing in the US
Over the five years to 2019, performance has fluctuated for the Boiler and Heat Exchanger Manufacturing industry due to highly cyclical demand from the industry’s key markets. In addition, globally determined price levels of key inputs, such as steel, are volatile and influence the selling price of boilers and heat exchangers. Steel prices experienced sharp declines during the beginning of the current period due to global overcapacity, lowering selling prices and subduing revenue growth for the industry; however, these factors began to rebound later during the period. Over the five years to 2024, rebounding industrial and general manufacturing activity is likely to boost demand for boilers and heat exchangers. In addition, the trade-weighted index is expected to decline slightly over the next five years, limiting potential import penetration in this industry and spurring growth in total exports. The price of steel is expected to increase over the next five years.

This industry primarily manufactures boilers and heat exchangers. Boilers are closed vessels where the fluid is heated, while heat exchangers enable thermal energy to be transferred between fluids while keeping them separate. Industry products are used in a variety of industrial, energy and commercial markets.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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