[163 Pages Report] The steam trap market is estimated at USD 3.34 billion in 2017 and is projected to grow at a CAGR of 4.2% to reach USD 4.11 billion by 2022. A steam trap is a mechanical device that expels condensate and non-condensable gases (such as air and carbon dioxide) from steam lines, with negligible loss or consumption of steam. A steam trap is an ... Read more

Lucintel's latest study found that, The future of the global steam trap market looks promising with opportunities in the chemicals, energy & power, food & beverages, oil & gas, and pharmaceuticals markets. The global steam trap market is expected to reach an estimated $4.6 billion by 2030 with a CAGR of 3.9% ... Read more