The global float steam trap valves market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market can be attributed to the increasing demand for energy-efficient and eco-friendly products in various industries such as food & beverage, pharmaceuticals, and chemical processing. The increasing demand for these products is also driving the growth of this market.
Cast Iron Float Steam Trap Valves accounted for the largest share in 2018 due to their low cost and high durability compared with other types of float steam trap valves. Stainless Steel Float Steam Trap Valves are expected to grow at a higher CAGR during the forecast period due to their corrosion resistance properties which make them suitable for use in corrosive environments such as petrochemical plants or refineries where they are exposed to chemicals like sulfuric acid or hydrochloric acid that corrode metal surfaces over time.
Some Of The Growth Factors Of This Market:
- The increasing demand for energy efficient equipment is driving the growth of the Float Steam Trap Valves market.
- The need to reduce emissions and improve efficiency in power plants is also driving the growth of this market.
- The increasing demand for renewable energy sources such as solar and wind power is also driving the growth of this market.
- Increasing awareness about environmental protection and sustainability are also driving the growth of this market, as they help in reducing greenhouse gas emissions which are harmful to environment and human health, thus leading to a cleaner environment with less pollution levels that can be detrimental to human health over time if not controlled properly by using eco-friendly products such as Float Steam Trap Valves which have low emission levels compared to other products available in the market today that emit high levels of greenhouse gases into atmosphere causing global warming, climate change, ozone depletion etc, thus leading to a cleaner environment with less pollution levels that can be detrimental to human health over time if not controlled properly by using eco-friendly products such as Float Steam Trap Valves which have low emission levels compared to other products available in the market today that emit high levels of greenhouse gases into atmosphere causing global warming, climate change, ozone depletion etc, thus leading to a cleaner environment with less pollution levels that can be detrimental to human health over time if not controlled properly by using eco-friendly products such as Float Steam Trap Valves which have low emission levels compared to other products available in the market today that emit high levels of greenhouse gases into atmosphere causing global warming, climate change, ozone depletion etc, thus leading to a cleaner environment with less pollution level.
Industry Growth Insights published a new data on “Float Steam Trap Valves Market”. The research report is titled “Float Steam Trap Valves Market research by Types (Cast Iron Float Steam Trap Valves, Stainless Steel Float Steam Trap Valves, Other), By Applications (Steam Heating Equipment, Large Heat Exchanger, Drying Machine, Jacketed Kettle, Other), By Players/Companies Tyco International, Flowserve, Armstrong, Velan, Spirax Sarco, GESTRA, TLV, MIYAWAKI, Yoshitake, ARI, Circor, Yongjia Valve Factory, Lonze Valve, Shuangliang Valve”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Float Steam Trap Valves Market Research Report
By Type
Cast Iron Float Steam Trap Valves, Stainless Steel Float Steam Trap Valves, Other
By Application
Steam Heating Equipment, Large Heat Exchanger, Drying Machine, Jacketed Kettle, Other
By Companies
Tyco International, Flowserve, Armstrong, Velan, Spirax Sarco, GESTRA, TLV, MIYAWAKI, Yoshitake, ARI, Circor, Yongjia Valve Factory, Lonze Valve, Shuangliang Valve
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Float Steam Trap Valves Market Report Segments:
The global Float Steam Trap Valves market is segmented on the basis of:
Types
Cast Iron Float Steam Trap Valves, Stainless Steel Float Steam Trap Valves, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Steam Heating Equipment, Large Heat Exchanger, Drying Machine, Jacketed Kettle, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Tyco International
- Flowserve
- Armstrong
- Velan
- Spirax Sarco
- GESTRA
- TLV
- MIYAWAKI
- Yoshitake
- ARI
- Circor
- Yongjia Valve Factory
- Lonze Valve
- Shuangliang Valve
Highlights of The Float Steam Trap Valves Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cast Iron Float Steam Trap Valves
- Stainless Steel Float Steam Trap Valves
- Other
- By Application:
- Steam Heating Equipment
- Large Heat Exchanger
- Drying Machine
- Jacketed Kettle
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Float Steam Trap Valves Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Float steam trap valves are a type of valve that is used to control the flow of water in a steam system. They are typically installed near the boiler or pressure vessel, and allow water to flow into or out of the system as needed. Float traps help maintain consistent pressure in the system, which helps prevent damage from occurring and ensures proper function of equipment.
Some of the key players operating in the float steam trap valves market are Tyco International, Flowserve, Armstrong, Velan, Spirax Sarco, GESTRA, TLV, MIYAWAKI, Yoshitake, ARI, Circor, Yongjia Valve Factory, Lonze Valve, Shuangliang Valve.
The float steam trap valves market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Float Steam Trap Valves Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Float Steam Trap Valves Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Float Steam Trap Valves Market - Supply Chain
4.5. Global Float Steam Trap Valves Market Forecast
4.5.1. Float Steam Trap Valves Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Float Steam Trap Valves Market Size (000 Units) and Y-o-Y Growth
4.5.3. Float Steam Trap Valves Market Absolute $ Opportunity
5. Global Float Steam Trap Valves Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Float Steam Trap Valves Market Size and Volume Forecast by Type
5.3.1. Cast Iron Float Steam Trap Valves
5.3.2. Stainless Steel Float Steam Trap Valves
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Float Steam Trap Valves Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Float Steam Trap Valves Market Size and Volume Forecast by Application
6.3.1. Steam Heating Equipment
6.3.2. Large Heat Exchanger
6.3.3. Drying Machine
6.3.4. Jacketed Kettle
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Float Steam Trap Valves Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Float Steam Trap Valves Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Float Steam Trap Valves Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Float Steam Trap Valves Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Float Steam Trap Valves Demand Share Forecast, 2019-2026
9. North America Float Steam Trap Valves Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Float Steam Trap Valves Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Float Steam Trap Valves Market Size and Volume Forecast by Application
9.4.1. Steam Heating Equipment
9.4.2. Large Heat Exchanger
9.4.3. Drying Machine
9.4.4. Jacketed Kettle
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Float Steam Trap Valves Market Size and Volume Forecast by Type
9.7.1. Cast Iron Float Steam Trap Valves
9.7.2. Stainless Steel Float Steam Trap Valves
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Float Steam Trap Valves Demand Share Forecast, 2019-2026
10. Latin America Float Steam Trap Valves Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Float Steam Trap Valves Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Float Steam Trap Valves Market Size and Volume Forecast by Application
10.4.1. Steam Heating Equipment
10.4.2. Large Heat Exchanger
10.4.3. Drying Machine
10.4.4. Jacketed Kettle
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Float Steam Trap Valves Market Size and Volume Forecast by Type
10.7.1. Cast Iron Float Steam Trap Valves
10.7.2. Stainless Steel Float Steam Trap Valves
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Float Steam Trap Valves Demand Share Forecast, 2019-2026
11. Europe Float Steam Trap Valves Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Float Steam Trap Valves Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Float Steam Trap Valves Market Size and Volume Forecast by Application
11.4.1. Steam Heating Equipment
11.4.2. Large Heat Exchanger
11.4.3. Drying Machine
11.4.4. Jacketed Kettle
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Float Steam Trap Valves Market Size and Volume Forecast by Type
11.7.1. Cast Iron Float Steam Trap Valves
117.2. Stainless Steel Float Steam Trap Valves
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Float Steam Trap Valves Demand Share, 2019-2026
12. Asia Pacific Float Steam Trap Valves Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Float Steam Trap Valves Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Float Steam Trap Valves Market Size and Volume Forecast by Application
12.4.1. Steam Heating Equipment
12.4.2. Large Heat Exchanger
12.4.3. Drying Machine
12.4.4. Jacketed Kettle
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Float Steam Trap Valves Market Size and Volume Forecast by Type
12.7.1. Cast Iron Float Steam Trap Valves
12.7.2. Stainless Steel Float Steam Trap Valves
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Float Steam Trap Valves Demand Share, 2019-2026
13. Middle East & Africa Float Steam Trap Valves Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Float Steam Trap Valves Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Float Steam Trap Valves Market Size and Volume Forecast by Application
13.4.1. Steam Heating Equipment
13.4.2. Large Heat Exchanger
13.4.3. Drying Machine
13.4.4. Jacketed Kettle
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Float Steam Trap Valves Market Size and Volume Forecast by Type
13.7.1. Cast Iron Float Steam Trap Valves
13.7.2. Stainless Steel Float Steam Trap Valves
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Float Steam Trap Valves Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Float Steam Trap Valves Market: Market Share Analysis
14.2. Float Steam Trap Valves Distributors and Customers
14.3. Float Steam Trap Valves Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Tyco International
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Flowserve
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Armstrong
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Velan
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Spirax Sarco
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. GESTRA
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. TLV
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. MIYAWAKI
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Yoshitake
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ARI
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Circor
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Yongjia Valve Factory
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Lonze Valve
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Shuangliang Valve
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
