Over the five years to 2017, 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 are volatile and influence the selling price of boilers and heat exchangers. Over the five years to 2022, rebounding industrial and general manufacturing activity is likely to boost demand for boilers and heat exchangers. However, ongoing import penetration and volatile steel prices will hinder industry growth.
This industry primarily manufactures boilers and heat exchangers. Boilers are closed vessels where fluid is heated, while heat exchangers allow 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.