Industry Analysis & Industry Trends
Over the past five years, the Boiler and Heat Exchanger Manufacturing industry recovered from its recessionary trough. Industrial activity picked up, and demand from downstream markets expanded. However, the rise in general industrial activity was lukewarm and import competition intensified, tapering industry revenue growth. In the next five years, import competition is projected to intensify further constraining the industry. Nonetheless, continued economic and industrial growth will fuel more demand for industry products, and industry places will also increase their focus on exports. Consequently, revenue is expected to climb... purchase to read more
Industry Report - Industry Products Chapter
Heat exchangers and steam condensers
This product segment accounts for an estimated 58.2% of industry revenue. A heat exchanger is a device used for efficient heat transfer from one medium to another. Exchangers are used in a wide variety of processes, ranging from space heating and power production to oil refining and chemical processing. There are four types of exchangers: shell and tube heat exchangers, plate heat exchangers, regenerative heat exchangers and an adiabatic wheel heat exchanger.
A shell and tube heat exchanger is composed of several tubes through which liquid flows. One set of tubes contains a liquid that is supposed to be heated or cooled, while another set of tubes contains the liquid that is supposed to trigger the heat exchange... purchase to read more