Industry Analysis & Industry Trends
Downstream markets a mixed bag
The US recession has highlighted the strong interdependence between the Shell and Tube Heat Exchanger Manufacturing industry and the health of industrial manufacturing markets. Among commercial and institutional markets, 2010 and 2011 have been a bit of a mixed bag. While the power generation and electric utilities markets' revenue have increased, structural problems within the industries created disincentives to invest in infrastructure improvements. Meanwhile, revenue from the food and beverage processing market segment has grown, with rising dairy prices increasing demand from dairy producers as well as from other food and beverage producers. As overall downstream industries improve over the next five years, the industry is expected to return to growth.... purchase to read more
Industry Report - Industry Locations Chapter
IBISWorld estimates that in 2012, the Shell and Tube Heat Exchanger Manufacturing industry will be concentrated in the Southwest, Great Lakes and Southeast regions of the United States, due to their proximity to major manufacturing industries and population centers. Combined, these regions will account for 61.0% of industry establishments.
The concentration of shell and tube heat exchanger manufacturers in the Southwest region (23.8%) is largely due to the dominance of Texas and Oklahoma within this industry. Oklahoma is expected to have one of the highest concentrations of industry establishments. Oklahoma's manufacturing economy has been based primarily in food and petroleum production. Tex... purchase to read more