The metal boilers and tanks manufactured by the industry are used across a wide range of downstream industries, including mining, construction, manufacturing and agriculture. Since the late 2000s, the industry's performance has been contained by the subdued trends in many downstream manufacturing industries. It has also been affected by the downward trend in the non-residential building market, a key source of demand for commercial boilers used for heating. Nevertheless, the industry has derived stronger demand from the robust growth in the mining, grain growing, and petroleum and chemical refining industries.
Firms in this industry manufacture metal boiler and tank products, such as steam boilers, pressure tanks, storage tanks and other metal containers, from heavy gauge metals. These are used by a wide range of downstream industrial, manufacturing and other industries.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.