heat exchanger

Heat Exchangers & Steam Condensers and Power Boilers were focused on the effects of skyrocketing energy costs which have forced industrial manufacturers to make reevaluate and establish new money and resource saving measures, dramatically affecting the demand for newer, more efficient heat exchangers, steam condensers and power boilers. In 2005, the heat exchangers & steam condensers and power boiler market grew by an estimated 2.4％. The rising energy costs didn’t just lead to the introduction of new highly efficient products, but also led to growth in the aftermarket. Manufacturers such as Tranter PHE started offering cleaning and refurbishing services, which help increase the efficiency of products existing in the end user’s manufacturing facilities. In the boilers market new advanced control systems were launched to make it easier for the operator to identify, track, and control various aspects of the boiler and thus help optimize boiler performance. In 2005, most of the companies acquired were those specializing in industrial heat exchangers & steam condensers for the oil and natural gas industry, as the worldwide demand for these products continued to grow at brisk rate. Also, top manufacturers, including Graham Corporation and Chart Industries, bagged a number of export orders in the natural gas, and petrochemical market.