Steam Trap Market: Present Scenario and the Growth Prospects with Forecast 2025

Steam Trap Market: Present Scenario and the Growth Prospects with Forecast 2025

A steam trap is an automatic valve that filters out condensate and non-condensable gases such as air without letting steam escape. The main function of a steam trap includes discharging condensate. It has negligible steam consumption, and has the capability of discharging air and non-condensable gases. In order to allow steam systems to perform well it is necessary to remove the condensate, air, and other non-condensable gases. The four main types of steam traps include mechanical traps, temperature traps, thermodynamic traps, and venture nozzle traps. Drip applications, process applications, and tracing applications are some of the major application areas of steam traps.

Demand for steam traps grew on account of the increase in the use of steam in various industrial applications. Using steam in industrial applications drove the need to remove condensate with the help of a valve. This process led to the leakage of steam which in turn led to the introduction of steam traps during the industrial revolution in the 18th century. Maintenance of steam traps is crucial for its safe and efficient operation. Lack of maintenance of steam traps often leads to steam leakage. Thus, effective and efficient maintenance of a steam trap is a vital factor promoting the safe and cost-effective operation of a steam trap.

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The steam trap market is segmented on the basis of product, material, application, end-user, and region. The product segment is further segmented as mechanical, thermodynamic, and thermostatic. On the basis of material, the steam trap market is segmented into steel, iron, and others. The steam trap market on the basis of application is segmented into tracing application, drip application, and process application. On the basis of end-user, the market is segmented into chemical, energy and power, food and beverages, oil & gas, pharmaceuticals, and others.

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On the basis of geography, the market can be segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America. The report also provides country level analysis for each of the segments. The U.S., Canada, Germany, Italy, France, U.K., China, Japan, India, Saudi Arabia, Africa, Brazil, and Argentina are the countries included in the market study of steam traps.

Some of the key players in the steam trap market include Spirax-Sarco Engineering PLC, Pentiar PLC, The Weir Group PLC, Flowserve Corporation, Circor International, Inc., Emerson Electric Co., Schlumberger N.V., Thermax Limited, Velan Inc., Bestobell Steam Traps, Watson McDaniel Company, and Watts Water Technologies, Inc.