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Global Steam Trap Market Analysis & Trends - Industry Forecast to 2025

Global Steam Trap Market Analysis & Trends - Industry Forecast to 2025

The Global Steam Trap market is poised to grow at a CAGR of around 5.8% over the next decade to reach approximately $4.91 billion by 2025. Some of the prominent trends that the market is witnessing are rise in demand for geothermal power generation, growing reduction of fossil fuel resources, recent technological developments for steam trap market and growth opportunities/investment opportunities.

Based on body material, the market is segmented into iron, steel and other body materials. By product, the steam trap market is segregated into thermostatic, mechanical and thermodynamic.

Depending on end user, the market is categorized into pharmaceuticals, oil & gas, food & beverages, energy & power, and chemicals. On the basis of application, the market is divided into process, tracing and drip.

This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2014, 2015 revenue estimations are presented for 2016 and forecasts from 2017 till 2025. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.

The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

This report provides data tables, includes charts and graphs for visual analysis.

Regional Analysis:
North America
- US
- Canada
- Mexico

Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe

Asia Pacific
- China
- Japan
- India
- Australia
- New Zealand
- Rest of Asia Pacific

Middle East
- Saudi Arabia
- UAE
- Rest of Middle East

Latin America
- Argentina
- Brazil
- Rest of Latin America

Rest of the World
- Africa
- Caribbean

Report Highlights:
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Market forecasts till 2025, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2025
- Market opportunities and recommendations for new investments


1 Market Outline
1.1 Research Methodology
1.1.1 Research Approach & Sources
1.2 Market Trends
1.3 Regulatory Factors
1.4 Product Analysis
1.5 End User Analysis
1.6 Application Analysis
1.7 Strategic Benchmarking
1.8 Opportunity Analysis
2 Executive Summary
3 Market Overview
3.1 Current Trends
3.1.1 Rise in demand for geothermal power generation
3.1.2 Growing reduction of fossil fuel resources
3.1.3 Recent technological developments for steam trap market
3.1.4 Growth opportunities/investment opportunities
3.2 Drivers
3.3 Constraints
3.4 Industry Attractiveness
3.4.1 Bargaining power of suppliers
3.4.2 Bargaining power of buyers
3.4.3 Threat of substitutes
3.4.4 Threat of new entrants
3.4.5 Competitive rivalry
4 Steam Trap Market, By Body Material
4.1 Iron
4.1.1 Iron Market Forecast to 2025 (US$ MN)
4.2 Steel
4.2.1 Steel Market Forecast to 2025 (US$ MN)
4.3 Other Body Materials
4.3.1 Other Body Materials Market Forecast to 2025 (US$ MN)
5 Steam Trap Market, By Product
5.1 Thermostatic
5.1.1 Thermostatic Market Forecast to 2025 (US$ MN)
5.2 Mechanical
5.2.1 Mechanical Market Forecast to 2025 (US$ MN)
5.3 Thermodynamic
5.3.1 Thermodynamic Market Forecast to 2025 (US$ MN)
6 Steam Trap Market, By End User
6.1 Pharmaceuticals
6.1.1 Pharmaceuticals Market Forecast to 2025 (US$ MN)
6.2 Oil & Gas
6.2.1 Oil & Gas Market Forecast to 2025 (US$ MN)
6.3 Food & Beverages
6.3.1 Food & Beverages Market Forecast to 2025 (US$ MN)
6.4 Energy and Power
6.4.1 Energy and Power Market Forecast to 2025 (US$ MN)
6.5 Chemicals
6.5.1 Chemicals Market Forecast to 2025 (US$ MN)
7 Steam Trap Market, By Application
7.1 Process
7.1.1 Process Market Forecast to 2025 (US$ MN)
7.2 Tracing
7.2.1 Tracing Market Forecast to 2025 (US$ MN)
7.3 Drip
7.3.1 Drip Market Forecast to 2025 (US$ MN)
8 Steam Trap Market, By Geography
8.1 North America
8.1.1 North America Market Forecast by Countries to 2025 (US$ MN)
8.1.1.1 US
8.1.1.2 Canada
8.1.1.3 Mexico
8.2 Europe
8.2.1 Europe Market Forecast by Countries to 2025 (US$ MN)
8.2.1.1 Germany
8.2.1.2 U.K
8.2.1.3 Italy
8.2.1.4 France
8.2.1.5 Spain
8.2.1.6 Rest of Europe
8.3 Asia Pacific
8.3.1 Asia Pacific Market Forecast by Countries to 2025 (US$ MN)
8.3.1.1 China
8.3.1.2 Japan
8.3.1.3 India
8.3.1.4 Australia
8.3.1.5 New Zealand
8.3.1.6 Rest of Asia Pacific
8.4 Middle East
8.4.1 Middle East Market Forecast by Countries to 2025 (US$ MN)
8.4.1.1 Saudi Arabia
8.4.1.2 UAE
8.4.1.3 Rest of Middle East
8.5 Latin America
8.5.1 Latin America Market Forecast by Countries to 2025 (US$ MN)
8.5.1.1 Argentina
8.5.1.2 Brazil
8.5.1.3 Rest of Latin America
8.6 Rest of the World (RoW)
8.6.1 RoW Market Forecast by Countries to 2025 (US$ MN)
8.6.1.1 Africa
8.6.1.2 Caribbean
9 Key Player Activities
9.1 Acquisitions & Mergers
9.2 Agreements, Partnerships, Collaborations and Joint Ventures
9.3 Product Launch & Expansions
9.4 Other Activities
10 Leading Companies
10.1 Spirax-Sarco Engineering PLC
10.2 Pentair PLC
10.3 The Weir Group PLC
10.4 Flowserve Corporation
10.5 Circor International, Inc.
10.6 Emerson Electric Co.
10.7 Schlumberger N.V.
10.8 Thermax Limited
10.9 Velan Inc.
10.10 Watts Water Technologies, Inc.
10.11 Watson Mcdaniel Company
10.12 Armstrong
10.13 Kirloskar Brothers Limited
10.14 CSI heat
10.15 Bestobell Steam Traps
List of Tables
Table 1 Global Steam Trap Market By Region, Market Forecast (2014-2025) (US$ MN)
Table 2 Global Steam Trap Market By Body Material, Market Forecast (2014-2025) (US$ MN)
Table 3 Global Steam Trap Market By Iron, Market Forecast (2014-2025) (US$ MN)
Table 4 Global Steam Trap Market By Steel, Market Forecast (2014-2025) (US$ MN)
Table 5 Global Steam Trap Market By Other Body Materials, Market Forecast (2014-2025) (US$ MN)
Table 6 Global Steam Trap Market By Product, Market Forecast (2014-2025) (US$ MN)
Table 7 Global Steam Trap Market By Thermostatic, Market Forecast (2014-2025) (US$ MN)
Table 8 Global Steam Trap Market By Mechanical, Market Forecast (2014-2025) (US$ MN)
Table 9 Global Steam Trap Market By Thermodynamic, Market Forecast (2014-2025) (US$ MN)
Table 10 Global Steam Trap Market By End User, Market Forecast (2014-2025) (US$ MN)
Table 11 Global Steam Trap Market By Pharmaceuticals, Market Forecast (2014-2025) (US$ MN)
Table 12 Global Steam Trap Market By Oil & Gas, Market Forecast (2014-2025) (US$ MN)
Table 13 Global Steam Trap Market By Food & Beverages, Market Forecast (2014-2025) (US$ MN)
Table 14 Global Steam Trap Market By Energy and Power, Market Forecast (2014-2025) (US$ MN)
Table 15 Global Steam Trap Market By Chemicals, Market Forecast (2014-2025) (US$ MN)
Table 16 Global Steam Trap Market By Application, Market Forecast (2014-2025) (US$ MN)
Table 17 Global Steam Trap Market By Process, Market Forecast (2014-2025) (US$ MN)
Table 18 Global Steam Trap Market By Tracing, Market Forecast (2014-2025) (US$ MN)
Table 19 Global Steam Trap Market By Drip, Market Forecast (2014-2025) (US$ MN)
Table 20 North America Steam Trap Market By Region, Market Forecast (2014-2025) (US$ MN)
Table 21 North America Steam Trap Market By Body Material, Market Forecast (2014-2025) (US$ MN)
Table 22 North America Steam Trap Market By Iron, Market Forecast (2014-2025) (US$ MN)
Table 23 North America Steam Trap Market By Steel, Market Forecast (2014-2025) (US$ MN)
Table 24 North America Steam Trap Market By Other Body Materials, Market Forecast (2014-2025) (US$ MN)
Table 25 North America Steam Trap Market By Product, Market Forecast (2014-2025) (US$ MN)
Table 26 North America Steam Trap Market By Thermostatic, Market Forecast (2014-2025) (US$ MN)
Table 27 North America Steam Trap Market By Mechanical, Market Forecast (2014-2025) (US$ MN)
Table 28 North America Steam Trap Market By Thermodynamic, Market Forecast (2014-2025) (US$ MN)
Table 29 North America Steam Trap Market By End User, Market Forecast (2014-2025) (US$ MN)
Table 30 North America Steam Trap Market By Pharmaceuticals, Market Forecast (2014-2025) (US$ MN)
Table 31 North America Steam Trap Market By Oil & Gas, Market Forecast (2014-2025) (US$ MN)
Table 32 North America Steam Trap Market By Food & Beverages, Market Forecast (2014-2025) (US$ MN)
Table 33 North America Steam Trap Market By Energy and Power, Market Forecast (2014-2025) (US$ MN)
Table 34 North America Steam Trap Market By Chemicals, Market Forecast (2014-2025) (US$ MN)
Table 35 North America Steam Trap Market By Application, Market Forecast (2014-2025) (US$ MN)
Table 36 North America Steam Trap Market By Process, Market Forecast (2014-2025) (US$ MN)
Table 37 North America Steam Trap Market By Tracing, Market Forecast (2014-2025) (US$ MN)
Table 38 North America Steam Trap Market By Drip, Market Forecast (2014-2025) (US$ MN)
Table 39 Europe Steam Trap Market By Region, Market Forecast (2014-2025) (US$ MN)
Table 40 Europe Steam Trap Market By Body Material, Market Forecast (2014-2025) (US$ MN)
Table 41 Europe Steam Trap Market By Iron, Market Forecast (2014-2025) (US$ MN)
Table 42 Europe Steam Trap Market By Steel, Market Forecast (2014-2025) (US$ MN)
Table 43 Europe Steam Trap Market By Other Body Materials, Market Forecast (2014-2025) (US$ MN)
Table 44 Europe Steam Trap Market By Product, Market Forecast (2014-2025) (US$ MN)
Table 45 Europe Steam Trap Market By Thermostatic, Market Forecast (2014-2025) (US$ MN)
Table 46 Europe Steam Trap Market By Mechanical, Market Forecast (2014-2025) (US$ MN)
Table 47 Europe Steam Trap Market By Thermodynamic, Market Forecast (2014-2025) (US$ MN)
Table 48 Europe Steam Trap Market By End User, Market Forecast (2014-2025) (US$ MN)
Table 49 Europe Steam Trap Market By Pharmaceuticals, Market Forecast (2014-2025) (US$ MN)
Table 50 Europe Steam Trap Market By Oil & Gas, Market Forecast (2014-2025) (US$ MN)
Table 51 Europe Steam Trap Market By Food & Beverages, Market Forecast (2014-2025) (US$ MN)
Table 52 Europe Steam Trap Market By Energy and Power, Market Forecast (2014-2025) (US$ MN)
Table 53 Europe Steam Trap Market By Chemicals, Market Forecast (2014-2025) (US$ MN)
Table 54 Europe Steam Trap Market By Application, Market Forecast (2014-2025) (US$ MN)
Table 55 Europe Steam Trap Market By Process, Market Forecast (2014-2025) (US$ MN)
Table 56 Europe Steam Trap Market By Tracing, Market Forecast (2014-2025) (US$ MN)
Table 57 Europe Steam Trap Market By Drip, Market Forecast (2014-2025) (US$ MN)
Table 58 Asia Pacific Steam Trap Market By Region, Market Forecast (2014-2025) (US$ MN)
Table 59 Asia Pacific Steam Trap Market By Body Material, Market Forecast (2014-2025) (US$ MN)
Table 60 Asia Pacific Steam Trap Market By Iron, Market Forecast (2014-2025) (US$ MN)
Table 61 Asia Pacific Steam Trap Market By Steel, Market Forecast (2014-2025) (US$ MN)
Table 62 Asia Pacific Steam Trap Market By Other Body Materials, Market Forecast (2014-2025) (US$ MN)
Table 63 Asia Pacific Steam Trap Market By Product, Market Forecast (2014-2025) (US$ MN)
Table 64 Asia Pacific Steam Trap Market By Thermostatic, Market Forecast (2014-2025) (US$ MN)
Table 65 Asia Pacific Steam Trap Market By Mechanical, Market Forecast (2014-2025) (US$ MN)
Table 66 Asia Pacific Steam Trap Market By Thermodynamic, Market Forecast (2014-2025) (US$ MN)
Table 67 Asia Pacific Steam Trap Market By End User, Market Forecast (2014-2025) (US$ MN)
Table 68 Asia Pacific Steam Trap Market By Pharmaceuticals, Market Forecast (2014-2025) (US$ MN)
Table 69 Asia Pacific Steam Trap Market By Oil & Gas, Market Forecast (2014-2025) (US$ MN)
Table 70 Asia Pacific Steam Trap Market By Food & Beverages, Market Forecast (2014-2025) (US$ MN)
Table 71 Asia Pacific Steam Trap Market By Energy and Power, Market Forecast (2014-2025) (US$ MN)
Table 72 Asia Pacific Steam Trap Market By Chemicals, Market Forecast (2014-2025) (US$ MN)
Table 73 Asia Pacific Steam Trap Market By Application, Market Forecast (2014-2025) (US$ MN)
Table 74 Asia Pacific Steam Trap Market By Process, Market Forecast (2014-2025) (US$ MN)
Table 75 Asia Pacific Steam Trap Market By Tracing, Market Forecast (2014-2025) (US$ MN)
Table 76 Asia Pacific Steam Trap Market By Drip, Market Forecast (2014-2025) (US$ MN)
Table 77 Middle East Steam Trap Market By Region, Market Forecast (2014-2025) (US$ MN)
Table 78 Middle East Steam Trap Market By Body Material, Market Forecast (2014-2025) (US$ MN)
Table 79 Middle East Steam Trap Market By Iron, Market Forecast (2014-2025) (US$ MN)
Table 80 Middle East Steam Trap Market By Steel, Market Forecast (2014-2025) (US$ MN)
Table 81 Middle East Steam Trap Market By Other Body Materials, Market Forecast (2014-2025) (US$ MN)
Table 82 Middle East Steam Trap Market By Product, Market Forecast (2014-2025) (US$ MN)
Table 83 Middle East Steam Trap Market By Thermostatic, Market Forecast (2014-2025) (US$ MN)
Table 84 Middle East Steam Trap Market By Mechanical, Market Forecast (2014-2025) (US$ MN)
Table 85 Middle East Steam Trap Market By Thermodynamic, Market Forecast (2014-2025) (US$ MN)
Table 86 Middle East Steam Trap Market By End User, Market Forecast (2014-2025) (US$ MN)
Table 87 Middle East Steam Trap Market By Pharmaceuticals, Market Forecast (2014-2025) (US$ MN)
Table 88 Middle East Steam Trap Market By Oil & Gas, Market Forecast (2014-2025) (US$ MN)
Table 89 Middle East Steam Trap Market By Food & Beverages, Market Forecast (2014-2025) (US$ MN)
Table 90 Middle East Steam Trap Market By Energy and Power, Market Forecast (2014-2025) (US$ MN)
Table 91 Middle East Steam Trap Market By Chemicals, Market Forecast (2014-2025) (US$ MN)
Table 92 Middle East Steam Trap Market By Application, Market Forecast (2014-2025) (US$ MN)
Table 93 Middle East Steam Trap Market By Process, Market Forecast (2014-2025) (US$ MN)
Table 94 Middle East Steam Trap Market By Tracing, Market Forecast (2014-2025) (US$ MN)
Table 95 Middle East Steam Trap Market By Drip, Market Forecast (2014-2025) (US$ MN)
Table 96 Latin America Steam Trap Market By Region, Market Forecast (2014-2025) (US$ MN)
Table 97 Latin America Steam Trap Market By Body Material, Market Forecast (2014-2025) (US$ MN)
Table 98 Latin America Steam Trap Market By Iron, Market Forecast (2014-2025) (US$ MN)
Table 99 Latin America Steam Trap Market By Steel, Market Forecast (2014-2025) (US$ MN)
Table 100 Latin America Steam Trap Market By Other Body Materials, Market Forecast (2014-2025) (US$ MN)
Table 101 Latin America Steam Trap Market By Product, Market Forecast (2014-2025) (US$ MN)
Table 102 Latin America Steam Trap Market By Thermostatic, Market Forecast (2014-2025) (US$ MN)
Table 103 Latin America Steam Trap Market By Mechanical, Market Forecast (2014-2025) (US$ MN)
Table 104 Latin America Steam Trap Market By Thermodynamic, Market Forecast (2014-2025) (US$ MN)
Table 105 Latin America Steam Trap Market By End User, Market Forecast (2014-2025) (US$ MN)
Table 106 Latin America Steam Trap Market By Pharmaceuticals, Market Forecast (2014-2025) (US$ MN)
Table 107 Latin America Steam Trap Market By Oil & Gas, Market Forecast (2014-2025) (US$ MN)
Table 108 Latin America Steam Trap Market By Food & Beverages, Market Forecast (2014-2025) (US$ MN)
Table 109 Latin America Steam Trap Market By Energy and Power, Market Forecast (2014-2025) (US$ MN)
Table 110 Latin America Steam Trap Market By Chemicals, Market Forecast (2014-2025) (US$ MN)
Table 111 Latin America Steam Trap Market By Application, Market Forecast (2014-2025) (US$ MN)
Table 112 Latin America Steam Trap Market By Process, Market Forecast (2014-2025) (US$ MN)
Table 113 Latin America Steam Trap Market By Tracing, Market Forecast (2014-2025) (US$ MN)
Table 114 Latin America Steam Trap Market By Drip, Market Forecast (2014-2025) (US$ MN)
Table 115 RoW Steam Trap Market By Region, Market Forecast (2014-2025) (US$ MN)
Table 116 RoW Steam Trap Market By Body Material, Market Forecast (2014-2025) (US$ MN)
Table 117 RoW Steam Trap Market By Iron, Market Forecast (2014-2025) (US$ MN)
Table 118 RoW Steam Trap Market By Steel, Market Forecast (2014-2025) (US$ MN)
Table 119 RoW Steam Trap Market By Other Body Materials, Market Forecast (2014-2025) (US$ MN)
Table 120 RoW Steam Trap Market By Product, Market Forecast (2014-2025) (US$ MN)
Table 121 RoW Steam Trap Market By Thermostatic, Market Forecast (2014-2025) (US$ MN)
Table 122 RoW Steam Trap Market By Mechanical, Market Forecast (2014-2025) (US$ MN)
Table 123 RoW Steam Trap Market By Thermodynamic, Market Forecast (2014-2025) (US$ MN)
Table 124 RoW Steam Trap Market By End User, Market Forecast (2014-2025) (US$ MN)
Table 125 RoW Steam Trap Market By Pharmaceuticals, Market Forecast (2014-2025) (US$ MN)
Table 126 RoW Steam Trap Market By Oil & Gas, Market Forecast (2014-2025) (US$ MN)
Table 127 RoW Steam Trap Market By Food & Beverages, Market Forecast (2014-2025) (US$ MN)
Table 128 RoW Steam Trap Market By Energy and Power, Market Forecast (2014-2025) (US$ MN)
Table 129 RoW Steam Trap Market By Chemicals, Market Forecast (2014-2025) (US$ MN)
Table 130 RoW Steam Trap Market By Application, Market Forecast (2014-2025) (US$ MN)
Table 131 RoW Steam Trap Market By Process, Market Forecast (2014-2025) (US$ MN)
Table 132 RoW Steam Trap Market By Tracing, Market Forecast (2014-2025) (US$ MN)
Table 133 RoW Steam Trap Market By Drip, Market Forecast (2014-2025) (US$ MN)

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