APO RESEARCH · REPORT
Steam Traps
A steam trap is an automatic valve that allows condensate, air and other non-condensable gases to be discharged from the steam system while holding or trapping the steam in the system. In industry, steam is used regularly for heating or as a driving force for mechanical power. Steam Traps are used in such applications to ensure that steam is not wasted.
Product & engineering
Understand the product.
A steam trap is an automatic valve that allows condensate, air and other non-condensable gases to be discharged from the steam system while holding or trapping the steam in the system. In industry, steam is used regularly for heating or as a driving force for mechanical power. Steam Traps are used in such applications to ensure that steam is not wasted.
Selected research
Industry Research
Steam Traps Industry Research Report 2026
Market perspective
A steam trap is an automatic valve that allows condensate, air and other non-condensable gases to be discharged from the steam system while holding or trapping the steam in the system. In industry, steam is used regularly for heating or as a driving force for mechanical power. Steam Traps are used in such applications to ensure that steam is not wasted.
Spirax Sarco, Armstrong, TLV, Velan, Emerson, ARI and Forbes Marshall are the key players of Steam Traps. Spirax Sarco is the leader of this industry by 30% market shares.
Report Scope
Read the full market overview
This report quantifies the global Steam Traps market in revenue (US$ million) and, where applicable, sales volume (K Units), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/K Units) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Steam Traps.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Steam Traps Market by Company
Spirax Sarco
Armstrong
TLV
Velan
Emerson
ARI
Forbes Marshall
Hongfeng Mechanical
MIYAWAKI
Cameron
Yingqiao Machinery
DSC
Watson McDaniel
Yoshitake
Water-Dispersing Valve
Lonze Valve
Steam Traps Segment by Type
Mechanical Trap
Thermostatic Trap
Thermodynamic Trap
Steam Traps Segment by Application
Power Generation
Oil & Gas
Chemicals and Fertilizers
Others
Steam Traps Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Steam Traps market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Steam Traps and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Steam Traps.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Steam Traps manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Steam Traps by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Steam Traps in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Mechanical Trap
- Thermostatic Trap
- Thermodynamic Trap
Applications
- Power Generation
- Oil & Gas
- Chemicals and Fertilizers
- Others
Companies covered
- Spirax Sarco
- Armstrong
- TLV
- Velan
- Emerson
- ARI
- Forbes Marshall
- Hongfeng Mechanical
- MIYAWAKI
- Cameron
- Yingqiao Machinery
- DSC
- Watson McDaniel
- Yoshitake
- Water-Dispersing Valve
- Lonze Valve
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Steam Traps by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Mechanical Trap
- 2.2.3 Thermostatic Trap
- 2.2.4 Thermodynamic Trap
- 2.3 Steam Traps by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Power Generation
- 2.3.3 Oil & Gas
- 2.3.4 Chemicals and Fertilizers
- 2.3.5 Others
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Steam Traps Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Steam Traps Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Steam Traps Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Steam Traps Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Steam Traps Production by Manufacturers (2021-2026)
- 3.2 Global Steam Traps Production Value by Manufacturers (2021-2026)
- 3.3 Global Steam Traps Average Price by Manufacturers (2021-2026)
- 3.4 Global Steam Traps Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Steam Traps Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Steam Traps Manufacturers, Product Type & Application
- 3.7 Global Steam Traps Manufacturers Established Date
- 3.8 Global Steam Traps Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Spirax Sarco
- 4.1.1 Spirax Sarco Steam Traps Company Information
- 4.1.2 Spirax Sarco Steam Traps Business Overview
- 4.1.3 Spirax Sarco Steam Traps Production, Value and Gross Margin (2021-2026)
- 4.1.4 Spirax Sarco Product Portfolio
- 4.1.5 Spirax Sarco Recent Developments
- 4.2 Armstrong
- 4.2.1 Armstrong Steam Traps Company Information
- 4.2.2 Armstrong Steam Traps Business Overview
- 4.2.3 Armstrong Steam Traps Production, Value and Gross Margin (2021-2026)
- 4.2.4 Armstrong Product Portfolio
- 4.2.5 Armstrong Recent Developments
- 4.3 TLV
- 4.3.1 TLV Steam Traps Company Information
- 4.3.2 TLV Steam Traps Business Overview
- 4.3.3 TLV Steam Traps Production, Value and Gross Margin (2021-2026)
- 4.3.4 TLV Product Portfolio
- 4.3.5 TLV Recent Developments
- 4.4 Velan
- 4.4.1 Velan Steam Traps Company Information
- 4.4.2 Velan Steam Traps Business Overview
- 4.4.3 Velan Steam Traps Production, Value and Gross Margin (2021-2026)
- 4.4.4 Velan Product Portfolio
- 4.4.5 Velan Recent Developments
- 4.5 Emerson
- 4.5.1 Emerson Steam Traps Company Information
- 4.5.2 Emerson Steam Traps Business Overview
- 4.5.3 Emerson Steam Traps Production, Value and Gross Margin (2021-2026)
- 4.5.4 Emerson Product Portfolio
- 4.5.5 Emerson Recent Developments
- 4.6 ARI
- 4.6.1 ARI Steam Traps Company Information
- 4.6.2 ARI Steam Traps Business Overview
- 4.6.3 ARI Steam Traps Production, Value and Gross Margin (2021-2026)
- 4.6.4 ARI Product Portfolio
- 4.6.5 ARI Recent Developments
- 4.7 Forbes Marshall
- 4.7.1 Forbes Marshall Steam Traps Company Information
- 4.7.2 Forbes Marshall Steam Traps Business Overview
- 4.7.3 Forbes Marshall Steam Traps Production, Value and Gross Margin (2021-2026)
- 4.7.4 Forbes Marshall Product Portfolio
- 4.7.5 Forbes Marshall Recent Developments
- 4.8 Hongfeng Mechanical
- 4.8.1 Hongfeng Mechanical Steam Traps Company Information
- 4.8.2 Hongfeng Mechanical Steam Traps Business Overview
- 4.8.3 Hongfeng Mechanical Steam Traps Production, Value and Gross Margin (2021-2026)
- 4.8.4 Hongfeng Mechanical Product Portfolio
- 4.8.5 Hongfeng Mechanical Recent Developments
- 4.9 MIYAWAKI
- 4.9.1 MIYAWAKI Steam Traps Company Information
- 4.9.2 MIYAWAKI Steam Traps Business Overview
- 4.9.3 MIYAWAKI Steam Traps Production, Value and Gross Margin (2021-2026)
- 4.9.4 MIYAWAKI Product Portfolio
- 4.9.5 MIYAWAKI Recent Developments
- 4.10 Cameron
- 4.10.1 Cameron Steam Traps Company Information
- 4.10.2 Cameron Steam Traps Business Overview
- 4.10.3 Cameron Steam Traps Production, Value and Gross Margin (2021-2026)
- 4.10.4 Cameron Product Portfolio
- 4.10.5 Cameron Recent Developments
- 4.11 Yingqiao Machinery
- 4.11.1 Yingqiao Machinery Steam Traps Company Information
- 4.11.2 Yingqiao Machinery Steam Traps Business Overview
- 4.11.3 Yingqiao Machinery Steam Traps Production, Value and Gross Margin (2021-2026)
- 4.11.4 Yingqiao Machinery Product Portfolio
- 4.11.5 Yingqiao Machinery Recent Developments
- 4.12 DSC
- 4.12.1 DSC Steam Traps Company Information
- 4.12.2 DSC Steam Traps Business Overview
- 4.12.3 DSC Steam Traps Production, Value and Gross Margin (2021-2026)
- 4.12.4 DSC Product Portfolio
- 4.12.5 DSC Recent Developments
- 4.13 Watson McDaniel
- 4.13.1 Watson McDaniel Steam Traps Company Information
- 4.13.2 Watson McDaniel Steam Traps Business Overview
- 4.13.3 Watson McDaniel Steam Traps Production, Value and Gross Margin (2021-2026)
- 4.13.4 Watson McDaniel Product Portfolio
- 4.13.5 Watson McDaniel Recent Developments
- 4.14 Yoshitake
- 4.14.1 Yoshitake Steam Traps Company Information
- 4.14.2 Yoshitake Steam Traps Business Overview
- 4.14.3 Yoshitake Steam Traps Production, Value and Gross Margin (2021-2026)
- 4.14.4 Yoshitake Product Portfolio
- 4.14.5 Yoshitake Recent Developments
- 4.15 Water-Dispersing Valve
- 4.15.1 Water-Dispersing Valve Steam Traps Company Information
- 4.15.2 Water-Dispersing Valve Steam Traps Business Overview
- 4.15.3 Water-Dispersing Valve Steam Traps Production, Value and Gross Margin (2021-2026)
- 4.15.4 Water-Dispersing Valve Product Portfolio
- 4.15.5 Water-Dispersing Valve Recent Developments
- 4.16 Lonze Valve
- 4.16.1 Lonze Valve Steam Traps Company Information
- 4.16.2 Lonze Valve Steam Traps Business Overview
- 4.16.3 Lonze Valve Steam Traps Production, Value and Gross Margin (2021-2026)
- 4.16.4 Lonze Valve Product Portfolio
- 4.16.5 Lonze Valve Recent Developments
5 Global Steam Traps Production by Region
- 5.1 Global Steam Traps Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Steam Traps Production by Region: 2021-2032
- 5.2.1 Global Steam Traps Production by Region: 2021-2026
- 5.2.2 Global Steam Traps Production Forecast by Region (2027-2032)
- 5.3 Global Steam Traps Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Steam Traps Production Value by Region: 2021-2032
- 5.4.1 Global Steam Traps Production Value by Region: 2021-2026
- 5.4.2 Global Steam Traps Production Value Forecast by Region (2027-2032)
- 5.5 Global Steam Traps Market Price Analysis by Region (2021-2026)
- 5.6 Global Steam Traps Production and Value, YOY Growth
- 5.6.1 North America Steam Traps Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Steam Traps Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Steam Traps Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Steam Traps Production Value Estimates and Forecasts (2021-2032)
6 Global Steam Traps Consumption by Region
- 6.1 Global Steam Traps Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Steam Traps Consumption by Region (2021-2032)
- 6.2.1 Global Steam Traps Consumption by Region: 2021-2026
- 6.2.2 Global Steam Traps Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Steam Traps Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Steam Traps Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Steam Traps Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Steam Traps Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Steam Traps Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Steam Traps Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Steam Traps Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Steam Traps Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Steam Traps Production by Type (2021-2032)
- 7.1.1 Global Steam Traps Production by Type (2021-2032) & (K Units)
- 7.1.2 Global Steam Traps Production Market Share by Type (2021-2032)
- 7.2 Global Steam Traps Production Value by Type (2021-2032)
- 7.2.1 Global Steam Traps Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Steam Traps Production Value Market Share by Type (2021-2032)
- 7.3 Global Steam Traps Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Steam Traps Production by Application (2021-2032)
- 8.1.1 Global Steam Traps Production by Application (2021-2032) & (K Units)
- 8.1.2 Global Steam Traps Production Market Share by Application (2021-2032)
- 8.2 Global Steam Traps Production Value by Application (2021-2032)
- 8.2.1 Global Steam Traps Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Steam Traps Production Value Market Share by Application (2021-2032)
- 8.3 Global Steam Traps Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Steam Traps Value Chain Analysis
- 9.1.1 Steam Traps Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Steam Traps Production Mode & Process
- 9.2 Steam Traps Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Steam Traps Distributors
- 9.2.3 Steam Traps Customers
10 Global Steam Traps Analyzing Market Dynamics
- 10.1 Steam Traps Industry Trends
- 10.2 Steam Traps Industry Drivers
- 10.3 Steam Traps Industry Opportunities and Challenges
- 10.4 Steam Traps Industry Restraints
11 Report Conclusion
12 Disclaimer
GET THE RESEARCH
Choose your license.
Choose who needs access.
All options are for this report and research series.
PDF by email within 3–5 working days after payment confirmation.
Talk to an analyst