Steam Trap Market

By Product Type;

Mechanical [Ball Float Steam Traps and Inverted Bucket Steam Traps], Thermodynamic [Disc Steam Traps and Piston Type Steam Traps], Thermostatic [Balanced Pressure Steam Traps, Bimetallic Steam Traps, Liquid Expansion Steam Traps and Bellows Steam Traps]

By Connection;

Screwed, Flanged, Socket Welded and Others

By Body Material;

Steel, Iron and Others

By Application;

Tracing, Drip and Process

By End-Use Industry;

Chemicals [Roll Dryers, Concentrators, Jacketed Mixing Tanks, Reactor Kettles, Acetone Vaporizers, Conical Dryers and Purifying Kettles], Energy & Power [Turbine Exhausts and Auxiliary Systems], Food & Beverages [Boil Pouches, Steam Kettles, Bottle Washers, Plate Heaters, Jacketed Kettles and Boiling Kettles], Oil & Gas [Vaporizers, Tank Heating, Heat Exchangers, Concentrators and Reactor Kettles], Pharmaceuticals [Sanitization and Sterilization], Textiles [Embossing Rolls, Roll Dryers, Hot Air Dryers, Cylinder Dryers and Dye Tanks] and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn120016155 Published Date: September, 2025 Updated Date: October, 2025

Steam Trap Market Overview

Steam Trap Market (USD Million)

Steam Trap Market was valued at USD 2,873.73 million in the year 2024. The size of this market is expected to increase to USD 3,656.19 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.5%.


Steam Trap Market

*Market size in USD million

CAGR 3.5 %


Study Period2025 - 2031
Base Year2024
CAGR (%)3.5 %
Market Size (2024)USD 2,873.73 Million
Market Size (2031)USD 3,656.19 Million
Market ConcentrationHigh
Report Pages373
2,873.73
2024
3,656.19
2031

Major Players

  • Spirax-Sarco Engineering plc,
  • The Weir Group PLC
  • Flowserve Corporation
  • CIRCOR International, Inc.,
  • Emerson Electric Co.,
  • Schlumberger Limited.,
  • Thermax Global
  • Richards Industrials,
  • Watson McDaniel,
  • Pentair plc.,
  • Volfram
  • Colton Industries
  • VYC Industrial
  • Armstrong International Inc
  • Axion Flexible Insulation Jackets,
  • CIRCOR International, Inc.,
  • Kirloskar Brothers Limited (India).,
  • Spirax Sarco Limited

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Steam Trap Market

Fragmented - Highly competitive market without dominant players


The steam trap market is gaining strong traction as industries emphasize energy efficiency, cost reduction, and optimized steam management. Nearly 65% of industrial plants depend on steam traps to maintain operational safety and minimize steam wastage, underlining their critical role in process industries such as chemicals, food & beverages, and power generation.

Technological Advancements in Trap Design
The adoption of smart and automated steam traps has risen by almost 35% in recent years. These modern solutions integrate sensors and IoT technologies for real-time monitoring, helping industries prevent losses and ensure proactive maintenance. Such advancements are strengthening system reliability and reducing downtime.

Expanding Applications Across Industries
Over 40% of steam trap installations are now seen outside traditional sectors like power and chemicals, extending into pharmaceuticals, textiles, and food processing. This diversified adoption highlights the traps’ ability to improve process efficiency and product quality, broadening their industrial footprint.

Supportive Regulations and Sustainability Goals
Governments and regulatory bodies are pushing industries to adopt energy-saving solutions, with nearly 30% of energy audits recommending steam trap upgrades. This alignment with global sustainability targets is set to accelerate market adoption and long-term demand.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type

    2. Market Snapshot, By Connection

    3. Market Snapshot, By Body Material

    4. Market Snapshot, By Application

    5. Market Snapshot, By End-Use Industry

    6. Market Snapshot, By Region

  4. Steam Trap Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Industrial Growth
        2. Sustainability Initiatives
        3. Regulatory Compliance
        4. Cost Savings
      2. Restraints
        1. High Initial Costs
        2. Maintenance Challenges
        3. Market Competition
        4. Complex Installation
      3. Opportunities
        1. Smart Technology Integration
        2. Retrofit Demand
        3. R&D Investment
        4. Partnerships and Collaborations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Steam Trap Market, By Product Type, 2021 - 2031 (USD Million)
      1. Mechanical
        1. Ball Float Steam Traps
        2. Inverted Bucket Steam Traps
      2. Thermodynamic
        1. Disc Steam Traps
        2. Piston Type Steam Traps
      3. Thermostatic
        1. Balanced Pressure Steam Traps
        2. Bimetallic Steam Traps
        3. Liquid Expansion Steam Traps
        4. Bellows Steam Traps
    2. Steam Trap Market, By Connection, 2021 - 2031 (USD Million)
      1. Screwed
      2. Flanged
      3. Socket Welded
      4. Others
    3. Steam Trap Market, By Body Material, 2021 - 2031 (USD Million)
      1. Steel
      2. Iron
      3. Others
    4. Steam Trap Market, By Application, 2021 - 2031 (USD Million)
      1. Tracing
      2. Drip
      3. Process
    5. Steam Trap Market, By End-Use Industry, 2021 - 2031 (USD Million)
      1. Chemicals
        1. Roll Dryers
        2. Concentrators
        3. Jacketed Mixing Tanks
        4. Reactor Kettles
        5. Acetone Vaporizers
        6. Conical Dryers
        7. Purifying Kettles
      2. Energy & Power
        1. Turbine Exhausts
        2. Auxiliary Systems
      3. Food & Beverages
        1. Boil Pouches
        2. Steam Kettles
        3. Bottle Washers
        4. Plate Heaters
        5. Jacketed Kettles
        6. Boiling Kettles
      4. Oil & Gas
        1. Vaporizers
        2. Tank Heating
        3. Heat Exchangers
        4. Concentrators
        5. Reactor Kettles
      5. Pharmaceuticals
        1. Sanitization
        2. Sterilization
      6. Textiles
        1. Embossing Rolls
        2. Roll Dryers
        3. Hot Air Dryers
        4. Cylinder Dryers
        5. Dye Tanks
      7. Others
    6. Steam Trap Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Spirax-Sarco Engineering plc,
      2. The Weir Group PLC
      3. Flowserve Corporation
      4. CIRCOR International, Inc.,
      5. Emerson Electric Co.,
      6. Schlumberger Limited.,
      7. Thermax Global
      8. Richards Industrials,
      9. Watson McDaniel,
      10. Pentair plc.,
      11. Volfram
      12. Colton Industries
      13. VYC Industrial
      14. Armstrong International Inc
      15. Axion Flexible Insulation Jackets,
      16. CIRCOR International, Inc.,
      17. Kirloskar Brothers Limited (India).,
      18. Spirax Sarco Limited
  7. Analyst Views
  8. Future Outlook of the Market