openPR Logo
Press release

Steam Trap Market - Technological Advancement & Forecast Upto 2025 Scrutinized In New Research

01-24-2018 12:30 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Xpodence Research

Steam Trap Market - Technological Advancement & Forecast Upto

A increased importance is being attached to the use of clean as well as renewable energy sources such as geothermal energy, specially in the developed countries such as the Americas and Europe and thereby major environmental regulations are being imposed by numerous regulatory bodies such as the USEPA,. The demand for generation of geothermal power across the world is being fuelled by the rising depletion of fossil fuel resources especially coal. The major countries involved in the generation of geothermal power generation include the U.S., Indonesia, and Mexico. The advent of geothermal technology for clean energy will enhance the usage of steam traps as they help to save energy efficiently.

Owing to the enhanced demand for abridged energy costs and reliable productivity, it has become vital to have a active steam trap station management program, integrated with the overall steam system management program. It is a mandate established by almost every plant operation that a steam trap station should operate reliably for around six years. This program helps in documentation of each fault identification that will help in measuring the corresponding energy loss as well as measure the impact of emission for the faulty steam valves present in the station.

Request For Free Sample Of The Report @ https://www.xpodenceresearch.com/Request-Sample/105599

The steam trap market is segmented by product, application, body material end-user and regions. Based on the product, the global steam trap market is divided into mechanical, thermodynamic, and thermostatic. By application, the steam trap market is divided into drip application, process application, tracing application. Depending upon body material, the global market is segmented into steel, and iron. Based on end-user, the global market is divided into chemicals, energy and power, food & beverages, oil & gas, pharmaceuticals, and others.

Based on regions, the global steam trap market is segmented into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and Latin America. The Asia-Pacific region was the largest market in the global steam trap market in 2015 and is anticipated to endure its dominance in the market during the forecast. The factors responsible for this region’s growth are gushing refinery activities and increasing demand for thermal power. The extraordinary requirement for gasoline across different end-users sectors and growth of electricity consumption will fuel the growth opportunities for the steam trap manufacturers in the forthcoming years.

The global steam trap market is highly fragmented, owing to the presence of large international players as well as regional players that are mainly based in South and Southeast Asian countries. The minor players in the market pose an intense challenge to the international vendors in terms of functionalities, product features, and services, which they provide at a cheaper rate than the global counterparts. The competition in this market sector is expected to deepen during the future years owing to the introduction of products loaded with new features and technologies.

Obtain Report Details @https://www.xpodenceresearch.com/Reports/Steam-Trap-Market

The major companies present in steam trap market include Flowserve Corporation, CIRCOR International, Inc., Thermax Limited, Pentair plc, Velan Inc. Schlumberger N.V., Emerson Electric Co., Spirax-Sarco Engineering plc, The Weir Group PLC, and Watts Water Technologies, Inc. among others.

About Us-

Xpodence Research have the most extensive collection of market research reports of many categories. Xpodence Research provides the best market research solution for every industry by publishing the best possible results of great market research firms worldwide. For every particular problem, there’s a particular solution, so according to the customer needs, we provide the best possible results to them from different market research organization, whether it’s a Custom Research or Syndicated Research reports because the product that wins is the one that bridges customers to the future, not the one that requires a giant leap.

Every organization, whether it is related to Pharmaceuticals, Technology, Eatables, Consumable Goods and many more demands a market research results so that they can take important decisions for more productivity and better output in this swift world. Xpodence Research gives the best possible outcome, perfect forecast, analysis and insights of market research in the form of report which is beneficial for various organisations and also to the manufacturing companies in taking the best decisions for quality production.

Contact Us-

Xpodence Research
USA Office
244 , Madison Avenue
New York City, NY - 10016
United States
UK Office
109 ,Straford Street,Leeds
West Yorkshrie LS11 6JG
United Kingdom
Toll Free +1- 844-445-2861
Email-sales@xpodenceresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Steam Trap Market - Technological Advancement & Forecast Upto 2025 Scrutinized In New Research here

News-ID: 915457 • Views:

More Releases from Xpodence Research

Real-Time Location Systems (RTLS) Market For Healthcare - Hardware Segment Contributed a Largest Market Share Toward the Market in 2017 And Expected to Dominate in Future
Real-Time Location Systems (RTLS) Market For Healthcare - Hardware Segment Contr …
RTLS or Real Time Location System is a combination of hardware, software and service components, which is used for the realtime monitoring, tracking and management of equipments, patients, and staff personnels. The Real Time Location Systems find applications in civil as well as military healthcare facilities. With continuous advancements in healthcare technology, the RLTS are finding increase in adoption in many parts of the world, with developed countries at the
Scar Treatment Market - Keloids and Burned Scars Treatment to Take More Priority Over Mild-To-Medium Acne and Spot Correction
Scar Treatment Market - Keloids and Burned Scars Treatment to Take More Priority …
The global scar treatment market has been examined to pick up a comprehension about the changing situation of the appearance and aesthetic remedial measures. Scar revision is a process that is utilized to limit the scars in a way that they seem more reliable with the encompassing skin tone and skin texture. Scars are unmistakable signs that stay after an injury mends. They are unavoidable aftereffects of damage or a
Shotcrete Concrete Market - Key Manufacturers Motivated Towards the Adoption of Key Strategies in The Future
Shotcrete Concrete Market - Key Manufacturers Motivated Towards the Adoption of …
Shotcrete or sprayed concrete is generally used in a wide range of applications including construction and wastewater treatment structures. It is considered to be an efficiently performing mortar or concrete which is blown at high speed on the desired surface of a construction site, generally through a hose. Shotcrete or sprayed concrete is generally conveyed by using two methods including dry mix process and wet mix process. The wet mix
Tube Packaging Market - Key Manufacturers Motivated Towards the Adoption of Key Strategies in The Future
Tube Packaging Market - Key Manufacturers Motivated Towards the Adoption of Key …
A hollow and cylindrical container that is made by paperboard, plastic or aluminum is called tube. Tubes are basically used for storing viscous liquid type materials like toothpaste, adhesive, ointment, and others. At the time of manufacturing and processes of filling, both the ends of the tube are cured in a different manner. An oval orifice is present on one of the end of the tube body, that can

All 5 Releases


More Releases for Based

Electromagnetic Weapons Market : Land-Based, Air-Based, and Sea-Based 2021-2030
The global electromagnetic weapons market was valued at $350.0 million in 2020, and is projected to reach $2,060.1 million by 2030, registering a CAGR of 19.7% from 2021 to 2030. Access Free sample PDF Copy of the Report - https://www.alliedmarketresearch.com/request-sample/15793 On the basis of platform, the electromagnetic weapons market is segregated into land-based, air-based, and sea-based. In 2020, the sea-based segment dominated the market. Developed nations such as the U.S. have started
Battery Management System Market : Lithium-Ion Based, Lead-Acid Based, Nickel-Ba …
The global battery management system market generated $5.81 billion in 2019, and is estimated to reach $24.83 billion by 2027, registering a CAGR of 20.2% from 2020 to 2027 by Battery Type (Lithium-Ion Based, Lead-Acid Based, Nickel-Based, and Others), Topology (Centralized, Distributed, and Modular), and Application (Automotive, Telecommunication, Consumer Electronics, Industrial, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027 Download Report Sample : https://www.alliedmarketresearch.com/request-sample/7002 COVID-19 Scenario : The manufacturers have stopped the
Higher Education Game-based Learning Market By Type (Rognitive Ability-Based Gam …
On a global scale, the Higher Education Game-based Learning market is currently showing significant development. The innovative methods and market study have helped many of the major players McGraw-Hill Education, PlayGen, Toolwire, Totem Learning, Lumos Labs, Triseum, Designing Digitally, Forio, Innovative Dutch, LearningWare to carve a name for themselves in the competitive global market. The Higher Education Game-based Learning market is experiencing a massive growth velocity due to the new
Hardware Security Modules Market by Type LAN Based, PCIE Based, USB Based
Hardware Security Modules Market is expected to witness high growth during the forecast period.The hardware security modules market was valued at USD 520.3 Million in 2016 and is expected to reach USD 1,101.2 Million by 2022, at a CAGR of 12.87% during the forecast period. The base year considered for the study is 2016, and the forecast for the market size is provided for the period between 2017 and 2022. Factors
Meat Substitute Market by Product Type (Tofu-based, Tempeh-based, TVP-based, Sei …
The global meat substitute market size was valued at $7.5 billion by 2025, registering a CAGR of 7.7% during the forecast period (2018-2025). Meat is an excellent source of protein but contains high level of cholesterol and saturated fats. Individuals who consume it on a regular basis are more prone to develop health problems such as obesity and atherosclerosis. Get Sample@ https://www.researchbeam.com/meat-substitute-market/request-sample Meat substitutes are products that resemble actual meat in
Green & Bio-based Solvents Market Analysis, Demand, & Opportunities till 2023 | …
A latest research report titled as “Green & Bio-based Solvents Market for Paints & Coatings, Printing Inks, Commercial & Domestic Cleaning, Adhesives & Sealants, Pharmaceutical, Cosmetics, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023” has been recently added to the vast portfolio of Market Research Reports Search Engine (MRRSE) online research offerings. This report is a professional and in-depth analysis on the