A boiler is not sensational. A steam turbine doesn’t sound revolutionary. But the duo keeps most of the industrial world ticking.
2018 will be a positive and stable year for these key industries. With strong growth will come the promise of new jobs. The anticipated turn-around of the state of manufacturing in the country may just be evinced in their numbers.
Power Plants are Driving the Turbine Demand Curve
The turbine industry in the US is valued at a whopping 17 billion dollars and the market keeps expanding by 3.4% every year.
With the question of green and clean energy receiving a lot of attention, a major reason behind the escalating turbine momentum is the eschewing of coal-based power plants. Electricity requirements are expected to peak over 2018 to 2025. But the concern for the environment means power suppliers will try to balance fossil fuel output with clean and renewable output.
Plants that run on natural gas offer a sustainable alternative.
From Disney Land to Industrial Operations, Boiler Sales Pick up “Steam”
The iconic Disney trains that circle the amusement park are driven by boilers which consume a soy-based biodiesel. And many other public attractions have been inspired by this creative effort on part of the brand.
There are hardly any factories in the US where hot water boilers do not have the responsibility of seeing operations to completion.
Even the HVAC systems in homes depend on chiller boilers to maintain desired ambient temperatures.
Thus it’s no small wonder that the global boiler market is all set to touch a record high of 11.6 billion dollars in 2018. The strictly industrial segment is smaller at $803 million, but even this niche will experience growth of 2.8% by the end of the year.
Central Metal Fabricators is a Leader Serving These Industries
Lauded as a quality manufacturer of dampers for gas turbines, boiler accessories, boiler casings, busbars, steel hoppers and dampers for turbines, the positivity that’s on the horizon for the turbine and boiler markets also promises to make 2018 significant for Central Metal Fabricators.
We’ll continue to develop our existing product catalog and invest in perfecting services like sheet metal fabrication, replacement of parts and flux core arc welding, gas metal arc welding and shielded metal arc welding services.
We’re fully equipped to be a reliable partner for the manufacturing industries doing brisk business over the next 12 months.
You can also connect with us here for a custom quote.