Research And Markets Research And Markets

Process Plant Market Report

  • ID: 3813
  • January 1998
  • Region: United Kingdom
  • Key Note Ltd
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The UK expenditure on process plant equipment in 1997 was estimated by Key Note to be £5.33bn. Although this represented a 1.9% increase over the 1996 figure of £5.23bn, it is a fall of 17.3% compared with the 1992 figure of £6.25bn. Much of this fall is related to the slow recovery rate, after the capital expenditure cuts in the process industries took effect in 1993 onwards.

The process plant industry examined by this report includes the manufacturers of equipment, ranging from the larger items of plant such as distillation columns, evaporators, pressure vessels and dryers. The report also includes smaller items such as pipework components, pumps, filters and valves to control gear items such as switchgear, instrumentation and control computers. The main end customers for process plant include chemicals, pharmaceuticals and biotechnology product manufacturers oil and gas producers petroleum product refiners electricity generators iron and steel producers water and sewage treatment plants and food and drinks producers.

The process plant industry was affected by the recession, although the reduction in spending has come later for the industry than for other READ MORE >

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