Market Overview:
The global ball float steam traps market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient equipment and the growing awareness about energy conservation among consumers. In addition, the increasing demand for steam traps in various industrial applications is also contributing to the growth of this market. The global ball float steam traps market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into mechanical traps, thermostatic steam traps, thermodynamic steam traps, and inverted bucket Steam Traps. The mechanical trap segment is expected to hold a major share of this market during the forecast period owing to its low cost and easy installation.
Product Definition:
A ball float steam trap is a device used to automatically release trapped water and condensate from a system. The ball float steam trap contains a small metal ball that floats on the surface of the water. When the water level rises high enough, the ball floats up and unseats a valve, allowing the water to escape. This type of steam trap is important because it helps keep systems free of condensed moisture, which can cause corrosion and other damage.
Mechanical Traps:
A mechanical trap is a device used to separate the float and ball in a floatation system. It is an essential component of any good quality floating process, as it ensures that only the balls get carried into the vessel and not any other solid particles. The traps are usually made up of stainless steel or other corrosion-resistant materials, which help in preventing rusting of equipment.
Thermostatic Steam Traps:
Thermostatic steam traps are a new type of steam trap which is used in floatation systems. It works on the principle of temperature control between condenser and boiler to avoid superheat. The trap consists of two parts, one is a valve which controls the flow from entering into the other side through an orifice and also prevents it from overheating.
Application Insights:
The power application segment led the global market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for coal and nuclear plants across various regions, including Asia Pacific, Middle East & Africa, and Europe. Furthermore, rapid industrialization in developing countries such as China and India is expected to propel industry expansion over the coming years.
Oil & petrochemical are estimated to be among the fastest-growing industries owing to rising demand for crude oil products across various regions including Asia Pacific and Middle East & Africa. In addition, growing investments in refining projects along with expanding production capacities will fuel industry expansion during the forecast period.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of chemical manufacturing companies. The region is expected to witness moderate growth over the forecast period, with U.S. being at the forefront and other countries such as Canada and Mexico following close behind.
The European market is driven by stringent regulations regarding industrial operations that necessitate installation of these float valves for proper functioning of processes, equipment, and machinery in refineries, petrochemical plants etc., thereby driving product demand across this region.
Asia Pacific is anticipated to register significant growth over the coming years owing to rapid expansion in various end-use industries such as food processing/beverages along with pharmaceuticals across emerging economies including China.
Growth Factors:
- Increasing demand from the process industries for energy-efficient and reliable equipment
- Rising awareness about the benefits of using Ball Float Steam Traps in various industrial applications
- Growing investments in research and development to develop new and innovative products
- Proliferation of global trade leading to increased demand for Ball Float Steam Traps in international markets
- Emerging economies presenting lucrative growth opportunities for the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Ball Float Steam Traps Market Research Report
By Type
Mechanical Traps, Thermostatic Steam Traps, Thermodynamic Steam Traps, Inverted Bucket Steam Traps
By Application
Oil & Petrochemical, Power, Pharmaceutical, Food & Beverage, Pulp & Paper, Others
By Companies
Armstrong, Flowserve, Velan, TLV, Tyco (Pentair), Circor, Yoshitake, Steriflow, Cameron, MIYAWAKI, Armstrong, Tunstall, Watson McDaniel, ARI, Hongfeng Mechanical, Yingqiao Machinery, Chenghang Industrial Safety, DSC, Lonze Valve, Spirax Sarco India, Water-Dispersing 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
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Ball Float Steam Traps Market Report Segments:
The global Ball Float Steam Traps market is segmented on the basis of:
Types
Mechanical Traps, Thermostatic Steam Traps, Thermodynamic Steam Traps, Inverted Bucket Steam Traps
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
Oil & Petrochemical, Power, Pharmaceutical, Food & Beverage, Pulp & Paper, Others
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:
- Armstrong
- Flowserve
- Velan
- TLV
- Tyco (Pentair)
- Circor
- Yoshitake
- Steriflow
- Cameron
- MIYAWAKI
- Armstrong
- Tunstall
- Watson McDaniel
- ARI
- Hongfeng Mechanical
- Yingqiao Machinery
- Chenghang Industrial Safety
- DSC
- Lonze Valve
- Spirax Sarco India
- Water-Dispersing Valve
Highlights of The Ball Float Steam Traps 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:
- Mechanical Traps
- Thermostatic Steam Traps
- Thermodynamic Steam Traps
- Inverted Bucket Steam Traps
- By Application:
- Oil & Petrochemical
- Power
- Pharmaceutical
- Food & Beverage
- Pulp & Paper
- Others
- 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 Ball Float Steam Traps 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?
Ball float steam traps are a type of water heat exchanger that use balls to trap and remove water vapor from the air. This allows the trapped vapor to be condensed and used as heating or cooling fluid.
Some of the major players in the ball float steam traps market are Armstrong, Flowserve, Velan, TLV, Tyco (Pentair), Circor, Yoshitake, Steriflow, Cameron, MIYAWAKI, Armstrong, Tunstall, Watson McDaniel, ARI, Hongfeng Mechanical, Yingqiao Machinery, Chenghang Industrial Safety, DSC, Lonze Valve, Spirax Sarco India, Water-Dispersing Valve.
The ball float steam traps market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ball Float Steam Traps Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ball Float Steam Traps Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ball Float Steam Traps Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ball Float Steam Traps Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ball Float Steam Traps Market Size & Forecast, 2018-2028
4.5.1 Ball Float Steam Traps Market Size and Y-o-Y Growth
4.5.2 Ball Float Steam Traps Market Absolute $ Opportunity
Chapter 5 Global Ball Float Steam Traps Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Ball Float Steam Traps Market Size Forecast by Type
5.2.1 Mechanical Traps
5.2.2 Thermostatic Steam Traps
5.2.3 Thermodynamic Steam Traps
5.2.4 Inverted Bucket Steam Traps
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ball Float Steam Traps Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Ball Float Steam Traps Market Size Forecast by Applications
6.2.1 Oil & Petrochemical
6.2.2 Power
6.2.3 Pharmaceutical
6.2.4 Food & Beverage
6.2.5 Pulp & Paper
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ball Float Steam Traps Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ball Float Steam Traps Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Ball Float Steam Traps Analysis and Forecast
9.1 Introduction
9.2 North America Ball Float Steam Traps Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Ball Float Steam Traps Market Size Forecast by Type
9.6.1 Mechanical Traps
9.6.2 Thermostatic Steam Traps
9.6.3 Thermodynamic Steam Traps
9.6.4 Inverted Bucket Steam Traps
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Ball Float Steam Traps Market Size Forecast by Applications
9.10.1 Oil & Petrochemical
9.10.2 Power
9.10.3 Pharmaceutical
9.10.4 Food & Beverage
9.10.5 Pulp & Paper
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Ball Float Steam Traps Analysis and Forecast
10.1 Introduction
10.2 Europe Ball Float Steam Traps Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Ball Float Steam Traps Market Size Forecast by Type
10.6.1 Mechanical Traps
10.6.2 Thermostatic Steam Traps
10.6.3 Thermodynamic Steam Traps
10.6.4 Inverted Bucket Steam Traps
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Ball Float Steam Traps Market Size Forecast by Applications
10.10.1 Oil & Petrochemical
10.10.2 Power
10.10.3 Pharmaceutical
10.10.4 Food & Beverage
10.10.5 Pulp & Paper
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Ball Float Steam Traps Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ball Float Steam Traps Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Ball Float Steam Traps Market Size Forecast by Type
11.6.1 Mechanical Traps
11.6.2 Thermostatic Steam Traps
11.6.3 Thermodynamic Steam Traps
11.6.4 Inverted Bucket Steam Traps
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Ball Float Steam Traps Market Size Forecast by Applications
11.10.1 Oil & Petrochemical
11.10.2 Power
11.10.3 Pharmaceutical
11.10.4 Food & Beverage
11.10.5 Pulp & Paper
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Ball Float Steam Traps Analysis and Forecast
12.1 Introduction
12.2 Latin America Ball Float Steam Traps Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Ball Float Steam Traps Market Size Forecast by Type
12.6.1 Mechanical Traps
12.6.2 Thermostatic Steam Traps
12.6.3 Thermodynamic Steam Traps
12.6.4 Inverted Bucket Steam Traps
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Ball Float Steam Traps Market Size Forecast by Applications
12.10.1 Oil & Petrochemical
12.10.2 Power
12.10.3 Pharmaceutical
12.10.4 Food & Beverage
12.10.5 Pulp & Paper
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Ball Float Steam Traps Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ball Float Steam Traps Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Ball Float Steam Traps Market Size Forecast by Type
13.6.1 Mechanical Traps
13.6.2 Thermostatic Steam Traps
13.6.3 Thermodynamic Steam Traps
13.6.4 Inverted Bucket Steam Traps
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Ball Float Steam Traps Market Size Forecast by Applications
13.10.1 Oil & Petrochemical
13.10.2 Power
13.10.3 Pharmaceutical
13.10.4 Food & Beverage
13.10.5 Pulp & Paper
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ball Float Steam Traps Market: Competitive Dashboard
14.2 Global Ball Float Steam Traps Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Armstrong
14.3.2 Flowserve
14.3.3 Velan
14.3.4 TLV
14.3.5 Tyco (Pentair)
14.3.6 Circor
14.3.7 Yoshitake
14.3.8 Steriflow
14.3.9 Cameron
14.3.10 MIYAWAKI
14.3.11 Armstrong
14.3.12 Tunstall
14.3.13 Watson McDaniel
14.3.14 ARI
14.3.15 Hongfeng Mechanical
14.3.16 Yingqiao Machinery
14.3.17 Chenghang Industrial Safety
14.3.18 DSC
14.3.19 Lonze Valve
14.3.20 Spirax Sarco India
14.3.21 Water-Dispersing Valve
