High Energy Costs Help Drive Heat Exchanger, Steam Condenser and Power Boilers Market to $3.6 Billion by 2010

New York, July 8, 2006 — Rising energy costs—along with the subsequent end-user demand for greater energy efficiency to offset those costs—are creating a growth opportunity in the market for power boilers, heat exchangers, and steam condensers, where sales are expected to jump from $3.36 billion in 2006 to $3.67 billion in 2010, according to Heat Exchangers & Steam Condensers and Power Boilers in the U.S., a new report from market research publisher Specialists in Business Information (SBI).

SBI projects that the market will grow by 2.2% from 2005 to 2010 as the economy continues to grow and manufacturers continue to cater to specific market sectors, such as the oil and natural gas extraction industry, which has been a key target for new heat exchanger innovations fusing high energy efficiency with compactness.

Innovation has been a crucial step in market recovery as this decade’s sales peaked in 2001 at $4.37 billion and plummeted to $2.9 billion in 2003. 2005 saw the launching of corrosion resistant heat exchangers that work efficiently with aggressive chemicals. Similarly, boiler manufacturers rolled out several new and improved boilers and boiler auxiliary products that optimize energy use and enhance boiler system efficiency.

“As the demand for oil and natural gas continues to increase globally, demand for industrial heat exchangers and steam condensers also increases, creating the type of growth market we are currently experiencing” notes Cara Morrison, editor of SBI. “Simultaneously, every industry that uses these products is being hit hard by higher fuel costs. They’re turning to new boiler and exchanger technologies to reduce costs and remain profitable.”

Containing comprehensive data on U.S. shipments, imports and exports, end-use markets, and the competitive environment, Heat Exchangers & Steam Condensers and Power Boilers in the U.S. identifies key issues and trends—including mergers and acquisitions, and profiles major marketers along with manufacturer and retailer strategies used to maximize growth and profitability. Priced at $3,000, this report is available from SBI by visiting: http://www.sbireports.com/product/display.asp?productid=1209591. It is also available at MarketResearch.com.

About Specialists in Business Information
Specialists in Business Information (SBI), a division of MarketResearch.com, publishes research reports in the industrial, construction, materials, and consumer goods markets. For more information visit http://www.sbireports.com, or contact Tom Ehart at 240-747-3014, or tehart@marketresearch.com.