Industry Analysis & Industry Trends
Demand for industry products will be boosted by overall growth in downstream markets like food production, heavy industrial facilities construction and machinery manufacturing. However, manufacturers will be threatened by growing imports, with competition from Asian countries steadily increasing. Additionally, demand for petroleum-related products will likely diminish as a result of growing interest in green technologies... purchase to read more
Industry Report - Starting a New Business Chapter
The Boiler and Heat Exchanger Manufacturing industry has moderate barriers to entry, given the medium level of capital required to start a new business. The industry is in the mature stage of its industry life cycle; therefore, growth in the number of entrants has decreased. However, competition continues to remain high as there are still a significant number of operators in the industry, with an estimated 243 companies in 2014.
The level of industry assistance is at a medium level, given a number of different tariffs relating to industry products. These actions protect domestic producers somewhat from import competition (see the Industry Assistance section for further information)... purchase to read more