|
|
 |
|
|
ENVIRONMENTAL OPPORTUNITIES……
In one of the world’s fastest growing regions!
With much of the developed world facing economic uncertainty, the ASEAN region now stands out as one of the few major growth areas on the planet.
Rising living standards are creating a steadily growing middle class, evidence of which can be seen in many areas of manufacturing.
However, developing countries are also faced with the other side of the coin – pollution, waste, and rising energy costs. Nevertheless, this presents golden opportunities for businesses involved with such areas.
Because of this development the need for essential industrial technology such as boilers, burners, heaters, pressure valves and a broad array of safety equipment, has increased substantially. This technology is the backbone of much of the equipment supporting new environmental energy systems today.
|
BOILERS
- Demand & Growth
The global Industrial Boiler market is projected to be 620,000 tons of steam per hour by 2015. Global market for Power & Utility Boilers is forecast to reach 128 thousand mega watts. Key factors for market growth include high energy costs, surging demand for hydroelectric power and the popularity of energy efficient boilers. The market is also driven by increasing demand for boilers in emerging economies of the Asia-Pacific region backed by strong economic growth and increased infrastructure spending. (Source: New Report by Global Industry Analysts, Inc.)
|
|
A Quick Look at ASEAN’s Industrial Progress
|
|
|
|
|
|
|
|
|
 |
|
 |
|
  MALAYSIA
In 2010, industry was responsible for 41.6% of Malaysia’s GDP. Country had the 37th highest industrial production growth rate in the world at 7.5%. In Peninsular Malaysia, key industries include Rubber, Oil palm processing and manufacturing. Also significant is light manufacturing, pharmaceuticals, medical technology, electronics, tin mining, smelting, logging, and timber processing.
|
|
 |
|
 |
|
|
|
|
|
|
|
|
|
|
|
|
 THAILAND
Thailand's industrial sector enjoyed impressive growth in 2010 with the country's gross domestic product (GDP) expanding 13.9%, the highest in 16 years according to the Industrial Economic Office (IEO).
The Manufacturing Production Index (MPI) for 2010 rose to 14.4%, the highest in 10 years. IEO predicted that the GDP in the industrial sector and MPI would rise in the range of 5.5-6.5% and 6-8% respectively in 2011. Three main industries, namely, vehicle, electrical appliance and electronics grew 55.2%, 32.4%, and 21.9% respectively.
OIE attributed the sustained growth estimate for 2011 to continue – particularly in the production of key categories that are exported such as vehicles, hard disk drives, electrical appliances, and electronics.
|
|
|
|
|
|
|
|
|
|
|
