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COVID-19
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1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Steam Trap Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Thermodynamic
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Mechanical
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Thermostatic
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Application
7.1 Instrument Steam Tracing
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Line Steam Tracing
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Drip Application
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Process Application
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Material Type
8.1 Steel
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Iron
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Distribution Channel
9.1 Online
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Offline
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by End-Use Industry
10.1 Oil & Gas
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Power Generation
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Pharmaceuticals
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Food & Beverages
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Pulp & Paper
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Chemical
10.6.1 Market Trends
10.6.2 Market Forecast
10.7 Others
10.7.1 Market Trends
10.7.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Indicators
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 Circor International Inc.
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Financials
16.3.1.4 SWOT Analysis
16.3.2 Emerson Electric Co.
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Financials
16.3.2.4 SWOT Analysis
16.3.3 Flowserve Corporation
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Financials
16.3.3.4 SWOT Analysis
16.3.4 Pentair Inc.
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.5 Schlumberger Limited
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Financials
16.3.5.4 SWOT Analysis
16.3.6 Spirax-Sarco Engineering
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.6.4 SWOT Analysis
16.3.7 Thermax Ltd.
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.7.3 Financials
16.3.8 Velan Inc.
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.8.3 Financials
16.3.8.4 SWOT Analysis
16.3.9 Watts Water Technologies Inc.
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.9.3 Financials
16.3.10 The Weir Group PLC
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.10.3 Financials
List of Figures
Figure 1: Global: Steam Trap Market: Major Drivers and Challenges
Figure 2: Global: Steam Trap Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Steam Trap Market: Breakup by Product Type (in %), 2021
Figure 4: Global: Steam Trap Market: Breakup by Application (in %), 2021
Figure 5: Global: Steam Trap Market: Breakup by Material Type (in %), 2021
Figure 6: Global: Steam Trap Market: Breakup by Distribution Channel (in %), 2021
Figure 7: Global: Steam Trap Market: Breakup by End-Use Industry (in %), 2021
Figure 8: Global: Steam Trap Market: Breakup by Region (in %), 2021
Figure 9: Global: Steam Trap Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 10: Global: Steam Trap (Thermodynamic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Steam Trap (Thermodynamic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Steam Trap (Mechanical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Steam Trap (Mechanical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Steam Trap (Thermostatic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Steam Trap (Thermostatic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Steam Trap (Instrument Steam Tracing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Steam Trap (Instrument Steam Tracing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Steam Trap (Line Steam Tracing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Steam Trap (Line Steam Tracing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Steam Trap (Drip Application) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Steam Trap (Drip Application) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Steam Trap (Process Application) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Steam Trap (Process Application) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Steam Trap (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Steam Trap (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Steam Trap (Steel) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Steam Trap (Steel) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Steam Trap (Iron) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Steam Trap (Iron) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Steam Trap (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Steam Trap (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Steam Trap (Online) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Steam Trap (Online) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Steam Trap (Offline) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Steam Trap (Offline) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Steam Trap (Oil & Gas) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Steam Trap (Oil & Gas) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Steam Trap (Power Generation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Steam Trap (Power Generation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Global: Steam Trap (Pharmaceuticals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Global: Steam Trap (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Global: Steam Trap (Food & Beverages) Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Global: Steam Trap (Food & Beverages) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Global: Steam Trap (Pulp & Paper) Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Global: Steam Trap (Pulp & Paper) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Global: Steam Trap (Chemical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Global: Steam Trap (Chemical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Global: Steam Trap (Other End-Use Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Global: Steam Trap (Other End-Use Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: North America: Steam Trap Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: North America: Steam Trap Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: United States: Steam Trap Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: United States: Steam Trap Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Canada: Steam Trap Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Canada: Steam Trap Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Asia Pacific: Steam Trap Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Asia Pacific: Steam Trap Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: China: Steam Trap Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: China: Steam Trap Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Japan: Steam Trap Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Japan: Steam Trap Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: India: Steam Trap Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: India: Steam Trap Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: South Korea: Steam Trap Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: South Korea: Steam Trap Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Australia: Steam Trap Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Australia: Steam Trap Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Indonesia: Steam Trap Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Indonesia: Steam Trap Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Others: Steam Trap Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Others: Steam Trap Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Europe: Steam Trap Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Europe: Steam Trap Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Germany: Steam Trap Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Germany: Steam Trap Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: France: Steam Trap Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: France: Steam Trap Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: United Kingdom: Steam Trap Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: United Kingdom: Steam Trap Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Italy: Steam Trap Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Italy: Steam Trap Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Spain: Steam Trap Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Spain: Steam Trap Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Russia: Steam Trap Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Russia: Steam Trap Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Others: Steam Trap Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Others: Steam Trap Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 88: Latin America: Steam Trap Market: Sales Value (in Million US$), 2016 & 2021
Figure 89: Latin America: Steam Trap Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 90: Brazil: Steam Trap Market: Sales Value (in Million US$), 2016 & 2021
Figure 91: Brazil: Steam Trap Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 92: Mexico: Steam Trap Market: Sales Value (in Million US$), 2016 & 2021
Figure 93: Mexico: Steam Trap Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 94: Others: Steam Trap Market: Sales Value (in Million US$), 2016 & 2021
Figure 95: Others: Steam Trap Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 96: Middle East and Africa: Steam Trap Market: Sales Value (in Million US$), 2016 & 2021
Figure 97: Middle East and Africa: Steam Trap Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 98: Global: Steam Trap Industry: SWOT Analysis
Figure 99: Global: Steam Trap Industry: Value Chain Analysis
Figure 100: Global: Steam Trap Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Steam Trap Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Steam Trap Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: Steam Trap Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Steam Trap Market Forecast: Breakup by Material Type (in Million US$), 2022-2027
Table 5: Global: Steam Trap Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 6: Global: Steam Trap Market Forecast: Breakup by End-Use Industry (in Million US$), 2022-2027
Table 7: Global: Steam Trap Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 8: Global: Steam Trap Market Structure
Table 9: Global: Steam Trap Market: Key Players
According to the estimates by IMARC Group, the global steam trap market is expected to grow at a CAGR of 4.4% during 2022-2027.
The increasing automation in the oil and gas industry, coupled with the growing number of offshore and onshore exploratory activities, is currently driving the global steam trap market.
Several product innovations have led to the emergence of novel steam traps that are integrated with advanced monitoring systems for minimizing CO2 emissions in the environment, thereby representing one of the key trends in the global steam trap market.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary closure of numerous end-use industries for steam traps, including pulp and paper, food and beverages, chemical, etc., thereby hampering the overall product demand.
On the basis of the application, the market has been classified into instrument steam tracing, line steam tracing, drip application, process application, and others. At present, instrument steam tracing exhibit a clear dominance in the market.
On the basis of the material type, the market has been categorized into steel, iron, and others, where steel currently accounts for the majority of the total market share.
On the basis of the end-use industry, the market has been divided into oil & gas, power generation, pharmaceuticals, food & beverages, pulp & paper, chemical, and others. At present, the oil & gas sector exhibits a clear dominance in the market.
Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Asia Pacific dominates the global market.
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