Global Steam Traps Supply, Demand and Key Producers, 2026-2032
Description
The global Steam Traps market size is expected to reach $ 1376 million by 2032, rising at a market growth of 3.6% CAGR during the forecast period (2026-2032).
Steam traps are essential components in steam systems, designed to discharge condensate, air, and other non-condensable gases from steam lines while preventing the escape of live steam. They play a crucial role in maintaining the efficiency and reliability of steam systems.
Global key players of Steam Traps include Spirax Sarco, Armstrong, TLV, Emerson, Velan, etc. The top five players hold a share about 50%. Asia-Pacific is the largest market, and has a share about 41%, followed by North America and Europe with share 27% and 23%, separately. In terms of product type, Mechanical Trap is the largest segment, accounting for a share of 48%. In terms of application, Oil & Petrochemical is the largest field with a share about 29 percent.
This report studies the global Steam Traps production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Steam Traps and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Steam Traps that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Steam Traps total production and demand, 2021-2032, (K Units)
Global Steam Traps total production value, 2021-2032, (USD Million)
Global Steam Traps production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)
Global Steam Traps consumption by region & country, CAGR, 2021-2032 & (K Units)
U.S. VS China: Steam Traps domestic production, consumption, key domestic manufacturers and share
Global Steam Traps production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)
Global Steam Traps production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
Global Steam Traps production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
This report profiles key players in the global Steam Traps market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Spirax Sarco, Armstrong, TLV, Emerson, Velan, ARI, Yingqiao Machinery, Hongfeng Mechanical, Forbes Marshall, MIYAWAKI, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Steam Traps market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Steam Traps Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Steam Traps Market, Segmentation by Type:
Mechanical Trap
Thermostatic Trap
Thermodynamic Trap
Global Steam Traps Market, Segmentation by Application:
Oil & Petrochemical
Power Industry
Pharmaceutical
Food & Beverage
Pulp & Paper
General Industry
Others
Companies Profiled:
Spirax Sarco
Armstrong
TLV
Emerson
Velan
ARI
Yingqiao Machinery
Hongfeng Mechanical
Forbes Marshall
MIYAWAKI
Cameron
DSC
Watson McDaniel
Venn
Yoshitake
Water-Dispersing Valve
Lonze Valve
Key Questions Answered:
1. How big is the global Steam Traps market?
2. What is the demand of the global Steam Traps market?
3. What is the year over year growth of the global Steam Traps market?
4. What is the production and production value of the global Steam Traps market?
5. Who are the key producers in the global Steam Traps market?
6. What are the growth factors driving the market demand?
Steam traps are essential components in steam systems, designed to discharge condensate, air, and other non-condensable gases from steam lines while preventing the escape of live steam. They play a crucial role in maintaining the efficiency and reliability of steam systems.
Global key players of Steam Traps include Spirax Sarco, Armstrong, TLV, Emerson, Velan, etc. The top five players hold a share about 50%. Asia-Pacific is the largest market, and has a share about 41%, followed by North America and Europe with share 27% and 23%, separately. In terms of product type, Mechanical Trap is the largest segment, accounting for a share of 48%. In terms of application, Oil & Petrochemical is the largest field with a share about 29 percent.
This report studies the global Steam Traps production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Steam Traps and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Steam Traps that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Steam Traps total production and demand, 2021-2032, (K Units)
Global Steam Traps total production value, 2021-2032, (USD Million)
Global Steam Traps production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)
Global Steam Traps consumption by region & country, CAGR, 2021-2032 & (K Units)
U.S. VS China: Steam Traps domestic production, consumption, key domestic manufacturers and share
Global Steam Traps production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)
Global Steam Traps production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
Global Steam Traps production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
This report profiles key players in the global Steam Traps market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Spirax Sarco, Armstrong, TLV, Emerson, Velan, ARI, Yingqiao Machinery, Hongfeng Mechanical, Forbes Marshall, MIYAWAKI, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Steam Traps market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Steam Traps Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Steam Traps Market, Segmentation by Type:
Mechanical Trap
Thermostatic Trap
Thermodynamic Trap
Global Steam Traps Market, Segmentation by Application:
Oil & Petrochemical
Power Industry
Pharmaceutical
Food & Beverage
Pulp & Paper
General Industry
Others
Companies Profiled:
Spirax Sarco
Armstrong
TLV
Emerson
Velan
ARI
Yingqiao Machinery
Hongfeng Mechanical
Forbes Marshall
MIYAWAKI
Cameron
DSC
Watson McDaniel
Venn
Yoshitake
Water-Dispersing Valve
Lonze Valve
Key Questions Answered:
1. How big is the global Steam Traps market?
2. What is the demand of the global Steam Traps market?
3. What is the year over year growth of the global Steam Traps market?
4. What is the production and production value of the global Steam Traps market?
5. Who are the key producers in the global Steam Traps market?
6. What are the growth factors driving the market demand?
Table of Contents
137 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
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