PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Direct Upshot of Limited Oil Supply Revives Stalled Projects - Driving the Heat Exchangers Market - The Iraq war in 2003 constrained oil supply, escalating oil prices. This scarcity prompted the initiation of many projects related to gas to liquid (GTL), liquified natural gas (LNG) and ethylene crackers plants, which were on hold for many years
Direct Upshot of Limited Oil Supply Revives Stalled Projects - Driving the Heat Exchangers Market

 

NewswireToday - /newswire/ - London, United Kingdom, 2007/09/26 - The Iraq war in 2003 constrained oil supply, escalating oil prices. This scarcity prompted the initiation of many projects related to gas to liquid (GTL), liquified natural gas (LNG) and ethylene crackers plants, which were on hold for many years.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

As a direct consequence, the demand for heat exchangers has increased significantly.
New analysis from Frost & Sullivan (powertransmission.frost.com), European Heat Exchanger Market, finds that market earned revenues of $3.5 billion in 2006.

If you are interested in a virtual brochure, which provides manufacturers, end users and other industry participants with an overview of the European Heat Exchanger Market, then send an e-mail to Joanna Lewandowska, Corporate Communications, at joanna.lewandowska[.]frost.com, with your full name, company name, title, telephone number, fax number and e-mail address. Upon receipt of the above information, an overview will be sent to you by e-mail.

“The war affected the U.S. economy, resulting in significant reductions in investment in the U.S. petrochemical sector and refineries,” note Frost & Sullivan Research Analysts Kaushik Ghosh and Debasmita Das. “This provided great opportunities for manufacturers in Europe to breach the gap in investment, as they form the core end user sectors for the heat exchangers.”

Currently, the European heat exchanger market is buoyant, growing at a rate of 10 percent annually. Sectors like chemicals, fuel processing, power generation, pulp and paper, petrochemicals and oil and gas refineries have propelled the demand for heat exchangers.

“The future of the heat exchanger market in Europe, however, lies in the plate heat exchangers,” cites Ghosh. “Their popularity is growing mainly due to the advantages they hold over shell and tube categories.”

Plate heat exchangers are compact, can be modularized in different shapes and sizes, show increased efficiency in heat transfer, incur low installation and maintenance costs and can withstand high temperature and pressure. These advantages will lead to an increased replacement of shell and tube heat exchangers by plate heat varieties in the future.

Despite the high demand, scarcity and high prices of raw materials represent a serious impediment to heat exchanger manufacturers. This, in turn, will increase their manufacturing costs, which suppliers have to transfer to end users to save their profit margins.

“Investing in exploration activities to discover new avenues for raw materials holds the key to checking raw material scarcity and its increasing price,” says Das.

European Heat Exchanger Market is part of the Power Transmission Growth Partnership Service programme, which also includes research on North American power quality equipment and services. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership service and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics and demographics.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Direct Upshot of Limited Oil Supply Revives Stalled Projects - Driving the Heat Exchangers Market

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Joanna Lewandowska 
+48 22 390 41 46 joanna.lewandowska[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Energy Most Recent Related Newswires:

Enel Group Confirmed in Euronext Vigeo Eiris Sustainability Indices for Fifth Straight Year
Invenergy Selects GE Renewable Energy to Provide Cyber Security for Entire Fleet
GNF3 Fuel Product Completes U.S. NRC Approved Process for New Fuel Product Introductions
Surging Demand from Data Centres Energises European Diesel Genset Market Finds Frost & Sullivan
Mexican Ministry of Energy Awards Three Geothermal Exploration Permits - A Key Step Forward for ENGIE and Reykjavik Geothermal
Forestalia Selects GE Renewable Energy to Provide 1,200 MW of Wind Power in the Largest European Auction to Date
Enel Launches E-Solutions - A New Global Business Line
Enel Buys A Stand-alone Battery Energy Storage Project in UK
GE Supports Power Grids of the Future with Europe’s First MVDC Link
ENGIE Launches Home Energy Business in the UK
Akenerji Selects GE’s Predix-based Operations Optimization Software to Improve Gas Thermal Plant Efficiencies and Performance
Enel Starts Construction of New 298 MW Wind Project in The United States
OPEC and Non-OPEC Nations Will Reduce Oil & Gas Production to Restore Supply-Demand Parity Finds Frost & Sullivan
ENGIE and AES Agree to Expand their LNG Marketing Partnership to Central America
GE to Supply Power Generation Technology for Ghana’s 400 MW Bridge Power Project

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Intrinsic Executive Search Ltd

Visit  Explorers Vacation Club





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)