Steam Trap Companies - Spirax-Sarco Engineering plc (UK) and Emerson Electric Co. (US) are the Key Players
The steam trap market is expected to grow from USD 3.8 billion in 2023 to USD 4.6 billion by 2028, at a CAGR of 3.8% during the forecast period.
A steam trap is an automatic device designed to eliminate condensate and non-condensable gases from a steam system while ensuring that live steam is not released. Functioning as an automatic valve, it opens to permit condensate discharge and closes to safeguard against live steam leakage.
The presence of steam traps is crucial for the efficient functioning of steam systems. They play a vital role in preventing the accumulation of condensate, which could otherwise lead to energy wastage and equipment deterioration. Additionally, steam traps aid in removing non-condensable gases, preventing any hindrance to the steam flow and preserving the system’s overall efficiency. Different types of steam traps are available, each with its own mechanism and operation principles. Some common types include mechanical steam traps, thermostatic steam traps, and thermodynamic steam traps. Each type is suitable for specific applications and operating conditions, and selecting the appropriate steam trap is essential to ensure optimal performance and energy efficiency in steam systems.
Steam Trap companies include:
- Spirax-Sarco Engineering plc (UK),
- Emerson Electric Co. (US),
- Schlumberger Limited (US),
- Thermax Limited (India),
- Velan Inc. (Canada),
- Watts Water Technologies, Inc. (US),
- Armstrong International Inc. (US),
- TLV CO., LTD. (Japan),
- Forbes Marshall (India), and
- Xylem Inc. (US).
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Spirax-Sarco Engineering plc
Spirax-Sarco Engineering plc (Spirax Sarco) is a multi-national industrial engineering group involved in managing and controlling steam, peristaltic pumping, electric thermal energy solutions, and related fluid path technologies. The company operates through three business segments: Steam Specialties, Watson-Marlow, and Electric Thermal Solutions. Out of these segments, steam traps are offered under the Steam Specialties segment. The steam traps provided by the company are balanced pressure steam traps, ball floats steam traps, bimetallic steam traps, fixed temperature discharge steam traps, inverted bucket steam traps, sealed steam traps, thermodynamic steam traps, steam trap management, and swivel connectors and traps. These products and solutions are used across a diverse range of industries such as pharmaceuticals and biotechnology, oil & gas, chemicals, original equipment manufacturer (OEM) machinery, healthcare, power generation, food & beverage, water and wastewater treatment, semiconductor, metals and mining, and pulp and paper.
Emerson Electric Co.
Emerson Electric Co. is one of the leading engineering and technology solutions providers. It operates through three business segments: Automation Solutions, AspenTech, and Commercial & Residential Solutions.
The Automation Solutions segment optimizes the energy efficiency and operating cost of discrete and hybrid manufacturers through a broad offering of products and integration solutions. AspenTech business provides asset optimization software enabling manufacturers to design, operate, and maintain their operations, reduce energy consumption and downtime, and enhance productivity and efficiency. The Commercial & Residential Solutions segment focuses on improving the operations of commercial and household sectors through products and solutions.
The Automation Solutions are further segregated into Measurement & Analytical Instrumentation; Valves, Actuators & Regulators; Industrial Solutions; and Process Control Systems & Solutions. The company provides steam traps under the Valves, Actuators & Regulators product portfolio. The company has a broad portfolio of Yarway brand’s steam traps, such as thermodynamics, thermostatic, and mechanical steam traps. These steam traps cater to various industries such as chemical, food & beverage, pharmaceutical, etc.
Related Reports:
Steam Trap Market by Mechanical (Ball Float, Inverted Bucket), Thermodynamic, Thermostatic (Balanced Pressure, Bimetallic), Application (Drip, Process, Tracing), Body Material (Steel, Iron), End-User Industry and Region - Global Forecast to 2028
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