Recent Study: Steam Generators in Saudi Arabia: Industrial Report
Domestic demand grows 121% despite global economic slowdown to reach SR1.6 billion in 2012. Imported production dominates market, penetration remains unchanged. Turnover of local producers increases 102% from 2007, underperforming market as a whole. Exports remain negligible, declining 92% over review period. Production revenue expected to grow 76% over forecast period amid rising demand, due to focus on expansion of energy production capacity.
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