Steam Traps 2017 Global Market Expected to Grow at CAGR of 4.8% and Forecast to 2021

Press Release

A steam trap is basically a kind of automatic valve that filters out condensed steam or condensate along with non-condensable gases like air without letting the steam escape. In industries, steam is regularly used for heating or as a driving force for mechanical power. Steam traps are used in industrial applications to ensure that the steam produced is not wasted.

The analysts forecast the global steam traps market to grow at a CAGR of 4.8% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the Global Steam Traps Market 2016-2020. To calculate the market size, the report considers the demand for steam traps from the end-user industries across the globe.

The market is divided into the following segments based on geography:
• Americas

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The report, Global Steam Traps Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Armstrong
• Flowserve
• Pentair
• Spirax Sarco

Other prominent vendors
• Aman Engineering Works
• Beijing Convista Flow Control Equipment
• Bestobell
• Forbes Marshall
• Mahavas Precision Controls
• Miyawaki
• Thermax
• Velan
• Watson McDaniel
• Yoshitake

Market driver
• Emerging geothermal technology for clean energy
• For a full, detailed list, view our report

Market challenge
• Energy losses in steam traps
• For a full, detailed list, view our report

Market trend
• Steam trap station management programs
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Complete Report [email protected] https://www.wiseguyreports.com/reports/533541-global-steam-traps-market-2016-2020

Table of Contents –Analysis of Key Points

PART 01: Executive summary
• Highlights

PART 02: Scope of the report
• Market overview
• Top-vendor offerings

PART 03: Market research methodology
• Research methodology
• Economic indicators

PART 04: Introduction
• Key market highlights

PART 05: Market landscape
• Market size and forecast
• Five forces analysis


PART 06: Market drivers
• Emerging geothermal technology for clean energy
• Mandatory steam trap tests enabling optimized performance
• Development of ultra-mega power projects in emerging economies

PART 07: Impact of drivers
PART 08: Market challenges
• Energy losses in steam traps
• Back pressure affecting steam trap performance

PART 09: Impact of drivers and challenges
PART 10: Market trends
• Steam trap station management programs
• Real-time automated steam trap monitoring
• Universal-type steam traps

PART 11: Market segmentation by end-user
• Global steam traps market in oil and gas sector
• Global steam traps market in thermal power sector

PART 12: Geographical segmentation
• Steam traps market in APAC
• Steam traps market in EMEA
• Steam traps market in Americas

PART 13: Vendor landscape

Norah Trent
+1 646 845 9349 / +44 208 133 9349
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