Press release
Steam Traps Market 2018 Global Key Players – Spirax Sarco, Armstrong, Pentair, Velan, Circor - Analysis and Forecast to 2023
Steam Traps Market 2018A 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.
Scope of the Report:
This report focuses on the Steam Traps in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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.
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.
The worldwide market for Steam Traps is expected to grow at a CAGR of roughly 3.1% over the next five years, will reach 1750 million US$ in 2023, from 1460 million US$ in 2017.
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Market Segment by Manufacturers, this report covers
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
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Mechanical Trap
Thermostatic Trap
Thermodynamic Trap
Market Segment by Applications, can be divided into
Oil & Petrochemical
Power Industry
Pharmaceutical
Food & Beverage
Pulp & Paper
General Industry
Others
Complete Report Details @ https://www.wiseguyreports.com/reports/3388759-global-steam-traps-market-2018-by-manufacturers-regions
Table of Contents –Analysis of Key Points
1 Market Overview
1.1 Steam Traps Introduction
1.2 Market Analysis by Type
1.2.1 Mechanical Trap
1.2.2 Thermostatic Trap
1.2.3 Thermodynamic Trap
1.3 Market Analysis by Applications
1.3.1 Oil & Petrochemical
1.3.2 Power Industry
1.3.3 Pharmaceutical
1.3.4 Food & Beverage
1.3.5 Pulp & Paper
1.3.6 General Industry
1.3.7 Others
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.4 South America, Middle East and Africa
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
2.1 Spirax Sarco
2.1.1 Business Overview
2.1.2 Steam Traps Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Spirax Sarco Steam Traps Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.2 Armstrong
2.2.1 Business Overview
2.2.2 Steam Traps Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Armstrong Steam Traps Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.3 Pentair
2.3.1 Business Overview
2.3.2 Steam Traps Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Pentair Steam Traps Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.4 Velan
2.4.1 Business Overview
2.4.2 Steam Traps Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 Velan Steam Traps Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.5 TLV
2.5.1 Business Overview
2.5.2 Steam Traps Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 TLV Steam Traps Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.6 Flowserve
2.6.1 Business Overview
2.6.2 Steam Traps Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 Flowserve Steam Traps Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.7 Circor
2.7.1 Business Overview
2.7.2 Steam Traps Type and Applications
2.7.2.1 Product A
2.7.2.2 Product B
2.7.3 Circor Steam Traps Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
Continued…..
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