Market Overview:
The global steam drums market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for steam drums in various industrial applications, such as power generation, oil & gas, chemicals, and others. In addition, the growing demand for steam drums in emerging countries is also contributing to the growth of this market. Based on type, the global steam drums market can be segmented into heavy wall steam drums and standed Steam Drums. The heavy wall Steam Drums segment is expected to account for a larger share of the global market than the standed Steam Drum segment during the forecast period. This can be attributed to their high capacity and durability as compared with standed Steam Drums. Based on application,the global steamed drummsmarket can be divided into industrial applications and other applications segments .
Product Definition:
A steam drum is a large cylindrical container in a steam boiler. The water inside the boiler is heated, and the resulting hot water vapor rises to the top of the drum. There, it flows out through an opening into a pipe called a riser, which carries it to the other parts of the boiler where it is used to produce heat or power.
Heavy Wall Steam Drums:
Heavy wall steam drums, also known as pressure containment type or watertight type are made of thick gauge metal. They are designed to carry the high-pressure steam for a long distance without any loss in terms of head or pressure. The product is available with two types of heads; namely low and high head. Low-head drums have smaller dimensions than high-head drums but can withstand higher pressures owing to their thicker walls.
Standed Steam Drums:
Standered steam drums are used in the steam drums market. It is a device that helps to transfer heat from the liquid to the vapor and this process is done for making water boil quicker. The boiler being smaller can get more heat into the drum, which means it can raise temperature of water quicker than a large boiler and also means less work for heating chamber or furnace.
Application Insights:
The application segment includes both industrial and non-industrial applications. The steam drums are widely used in power generation plants, paper mills, chemical plants, etc. In terms of revenue, the power generation segment dominated the global steam drums market with a share of over 40% in 2017 owing to its wide scope of application across various industries such as steel manufacturing and chemicals.
The other applications include food & beverage processing facilities and municipal solid waste incineration facilities among others. Standed or vertical type Steam Drums (VD) is one of the most popular types used for waste heat recovery from boiler feed water in thermal power stations along with recuperator or horizontal type VD which is mainly used for process heating at a municipal level including composting toilets and landfills among others.
Regional Analysis:
Europe dominated the global steam drums market in terms of revenue share in 2017. The growth is attributed to the presence of a large number of sports and cultural events, such as football world cup 2018, which has led to an increase in infrastructure development across European countries. In addition, rising demand for public performances by various musical bands and live shows is expected to drive the regional market over the forecast period.
Asia Pacific region is anticipated to witness significant growth over the forecast period owing to increasing infrastructure development projects undertaken by governments across emerging economies including China and India. For instance, according to Infosys Ltd., government initiatives such as National Infrastructure Program (NTP) are likely boost investments worth USD X billion between 2014-17 leading to an investment opportunity for Steam Drums worth USD X billion during this period.
Growth Factors:
- Increasing demand from the chemical and petrochemical industries for efficient and reliable steam drums for distillation, absorption, and other processes.
- Growing popularity of steam drums as a key component in cogeneration systems to produce both electricity and thermal energy from a single fuel source.
- Rising demand for replacement steam drums to meet the needs of aging process plants worldwide.
- Advances in materials science that have led to the development of new alloys and steels specifically designed for use in high-temperature steam drums operating under severe conditions.
Scope Of The Report
Report Attributes
Report Details
Report Title
Steam Drums Market Research Report
By Type
Heavy Wall Steam Drums, Standed Steam Drums
By Application
Industrial, Others
By Companies
Dyna-Therm, KNM Group Berhad, Endress+Hauser Group, VEGA, Magnetrol, ZOZEN BOILER, Clean Boiler Co., Ltd, Fangkuai Boiler Industr, Hooper Welding Enterprises, ENIGMATIS POLSKA, Dyna-Therm, Delta Controls Limited, Benko Products, Inc
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
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Steam Drums Market Report Segments:
The global Steam Drums market is segmented on the basis of:
Types
Heavy Wall Steam Drums, Standed Steam Drums
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
Industrial, 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:
- Dyna-Therm
- KNM Group Berhad
- Endress+Hauser Group
- VEGA
- Magnetrol
- ZOZEN BOILER
- Clean Boiler Co., Ltd
- Fangkuai Boiler Industr
- Hooper Welding Enterprises
- ENIGMATIS POLSKA
- Dyna-Therm
- Delta Controls Limited
- Benko Products, Inc
Highlights of The Steam Drums 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:
- Heavy Wall Steam Drums
- Standed Steam Drums
- By Application:
- Industrial
- 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 Steam Drums 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Steam Drums are a type of percussion instrument that uses steam to produce sound.
Some of the key players operating in the steam drums market are Dyna-Therm, KNM Group Berhad, Endress+Hauser Group, VEGA, Magnetrol, ZOZEN BOILER, Clean Boiler Co., Ltd, Fangkuai Boiler Industr, Hooper Welding Enterprises, ENIGMATIS POLSKA, Dyna-Therm, Delta Controls Limited, Benko Products, Inc.
The steam drums market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Steam Drums 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 Steam Drums Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Steam Drums 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 Steam Drums 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 Steam Drums Market Size & Forecast, 2018-2028
4.5.1 Steam Drums Market Size and Y-o-Y Growth
4.5.2 Steam Drums Market Absolute $ Opportunity
Chapter 5 Global Steam Drums 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 Steam Drums Market Size Forecast by Type
5.2.1 Heavy Wall Steam Drums
5.2.2 Standed Steam Drums
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Steam Drums 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 Steam Drums Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Steam Drums 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 Steam Drums 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 Steam Drums Analysis and Forecast
9.1 Introduction
9.2 North America Steam Drums 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 Steam Drums Market Size Forecast by Type
9.6.1 Heavy Wall Steam Drums
9.6.2 Standed Steam Drums
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 Steam Drums Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 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 Steam Drums Analysis and Forecast
10.1 Introduction
10.2 Europe Steam Drums 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 Steam Drums Market Size Forecast by Type
10.6.1 Heavy Wall Steam Drums
10.6.2 Standed Steam Drums
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 Steam Drums Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 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 Steam Drums Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Steam Drums 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 Steam Drums Market Size Forecast by Type
11.6.1 Heavy Wall Steam Drums
11.6.2 Standed Steam Drums
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 Steam Drums Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 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 Steam Drums Analysis and Forecast
12.1 Introduction
12.2 Latin America Steam Drums 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 Steam Drums Market Size Forecast by Type
12.6.1 Heavy Wall Steam Drums
12.6.2 Standed Steam Drums
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 Steam Drums Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 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) Steam Drums Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Steam Drums 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) Steam Drums Market Size Forecast by Type
13.6.1 Heavy Wall Steam Drums
13.6.2 Standed Steam Drums
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) Steam Drums Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 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 Steam Drums Market: Competitive Dashboard
14.2 Global Steam Drums Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dyna-Therm
14.3.2 KNM Group Berhad
14.3.3 Endress+Hauser Group
14.3.4 VEGA
14.3.5 Magnetrol
14.3.6 ZOZEN BOILER
14.3.7 Clean Boiler Co., Ltd
14.3.8 Fangkuai Boiler Industr
14.3.9 Hooper Welding Enterprises
14.3.10 ENIGMATIS POLSKA
14.3.11 Dyna-Therm
14.3.12 Delta Controls Limited
14.3.13 Benko Products, Inc
