(EMAILWIRE.COM, December 21, 2018 ) This report researches the worldwide Steam Traps market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions.

This study categorizes the global Steam Traps breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

A Steam Trap is an automatic valve that allows condensate, air and other non-condensable gases to be discharged from the steam system while holding or trapping the steam in the system. In industry, steam is used regularly for heating or as a driving force for mechanical power. Steam Traps are used in such applications to ensure that steam is not wasted.

In the coming years there is an increasing demand for Steam Traps in the regions of United States and Europe that is expected to drive the market for more advanced Steam Traps. Growth in government budgets in the principal countries, increasing of oil & petrochemical fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Steam Traps will drive growth in United States and Europe markets.

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Globally, the Steam Traps industry market is concentrated as the manufacturing technology of Steam Traps is relatively matures than some high-tech equipment. And some enterprises, like Spirax Sarco, Armstrong, Pentair, etc. are well-known for the wonderful performance of their Steam Traps and related services. At the same time, North America, occupied 29.23% production market share in 2016, is remarkable in the global Steam Traps industry because of their market share and technology status of Steam Traps.

Global Steam Traps market size will increase to 1880 Million US$ by 2025, from 1460 Million US$ in 2017, at a CAGR of 3.2% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Steam Traps.

This report focuses on the top manufacturers' Steam Traps capacity, production, value, price and market share of Steam Traps in global market. The following manufacturers are covered in this report:
Spirax Sarco
Armstrong
Pentair
Velan
TLV
Flowserve
Circor
Cameron
Yoshitake
Steriflow
Yingqiao Machinery
Hongfeng Mechanical
MIYAWAKI
Tunstall Corporation
DSC
Chenghang Industrial Safety
Watson McDaniel
Lonze Valve
ARI
Water-Dispersing Valve
Shanghai Hugong

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Steam Traps Breakdown Data by Type
Mechanical Trap
Thermostatic Trap
Thermodynamic Trap

Steam Traps Breakdown Data by Application
Oil & Petrochemical
Power Industry
Pharmaceutical
Food & Beverage
Pulp & Paper
General Industry
Others

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Table Of Contents:
Chapter One: Study Coverage
Chapter Two: Executive Summary
Chapter Three: Market Size by Manufacturers
Chapter Four: Steam Traps Production by Regions
Chapter Five: Steam Traps Consumption by Regions
Chapter Six: Market Size by Type
Chapter Seven: Market Size by Application
…Continued

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