Top 10 Steam Trap Companies

The global steam trap market is expected to be USD 4.57 billion in 2024 and is projected to reach USD 5.57 billion by 2029; it is expected to register a CAGR of 4.1% during the forecast period. The rising demand for energy-efficient steam systems, coupled with the increasing trend of automation in steam systems are attributed to the ever-increasing demand for steam traps. 

Spirax Group plc (UK), Emerson Electric Co. (US), Thermax Limited (India), SLB (US), Velan Inc (Canada), Watts (US), Armstrong International Inc. (US), TLV CO., LTD. (Japan), Forbes Marshall (India), Xylem (US) are some of the key players in the steam trap market.

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Major Steam Trap Market companies include:

• Spirax Group plc (UK)
• Emerson Electric Co. (US)
• Thermax Limited (India)
• SLB (US)
• Velan Inc. (Canada)
• Watts (US)
• Armstrong International Inc. (US)
• TLV Co., Ltd. (Japan)
• Forbes Marshall (India)
• Xylem (US)

Spirax Group plc

Spirax Group plc is a global provider of engineered solutions for the control and efficient use of steam, electric thermal energy, and industrial fluids. The company operates through three business segments: Steam Thermal Solutions, Watson-Marlow, and Electric Thermal Solutions. Steam traps are offered under the Steam Thermal Solutions segment. Its product portfolio includes balanced pressure, ball float, bimetallic, fixed temperature discharge, inverted bucket, sealed, and thermodynamic steam traps. In addition, it provides steam trap management services and swivel connectors & traps. Spirax Group plc's brands include Spirax Sarco, Gestra, Chromalox, Vulcanic, Thermocoax, Durex Industries, Flexicon Liquid Filling, Bredel Hose Pumps, and Watson-Marlow tubing. Steam traps are provided through its Spirax Sarco and Gestra product brands.

Watts

Watts is one of the leaders in providing solutions on water management and control. The company develops a wide range of products and services aimed at making safe, efficient, and sustainable water use for various industries such as commercial, industrial, and residential buildings, water and wastewater treatment plants; and power generation facilities. Watts provides valves, pumps, meters, backflow preventers, and other devices that help manage water most effectively.  Its steam trap portfolio includes thermostatic radiator flat and thermostatic, inverted bucket, and thermodynamic steam traps for several applications such as steam drip and process industry.

Emerson Electric Co.

Emerson Electric Co. is a global technology and software company that offers innovative solutions across the globe. The company operates in six segments. These are in two broader divisions: Intelligent Devices and Software & Control.  Intelligent Devices division comprises Final Control, Measurement & Analytical, Discrete Automation, and Safety & Productivity.  Software & Control division includes Control Systems & Software and AspenTech. It offers steam traps under its intelligent devices arm. Under the Yarway brand, company delivers a wide range of steam traps including thermodynamic, thermostatic, and mechanical steam traps. These types of steam traps are shipped out for various kinds of industries like chemicals, food & beverages, and pharmaceuticals.

Velan Inc.

Velan Inc. designs and manufactures industrial valves. The company markets a range of cast and forged steel gates, globes, checks, balls, triple offsets, highly engineered severe service valves, and steam traps for various applications, including power generation, oil & gas, water & wastewater, HVAC, chemical processing, and pulp & paper. Velan Inc. offers different steam traps with bimetallic and thermodynamic steam traps for various applications ranging from standard to superheated steam lines. The company has more than 1,600 employees globally and 12 production facilities, across North America, Europe, and Asia.

Xylem

Xylem is  is in the business of designing, manufacturing and providing products with an emphasis on water and heat applications. Xylem operates through four primary groups: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions & Services. Some of the other product lines and systems offered by Xylem include hydro turbines, light & power, treatment products & systems, pump & packaged pumps, mixing & mixing equipment and software.  Xylem offers steam traps under applied water segment. It offers various type of steam traps, such as thermostatic, thermodisc bear, float & thermostatic, and inverted bucket steam traps, under the Bell & Gossett brand. These steam traps are used in outdoor applications, such as drip traps on steam machines, pressing machines, steam tracer lines, evaporators, heating coils, sterilizers, heat separators, and laundry equipment.

Related Reports:

Steam Trap Market by Mechanical (Ball Float, Inverted Bucket), Thermodynamic, Thermostatic (Balanced Pressure, Bimetallic, Liquid Expansion, Bellowed), Steel, Iron, Tracing, Drip, Process, Screwed, Flanged, Swivel, Oil & Gas - Global Forecast to 2029

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