Steam Trap Market Worth 4.11 Billion USD by 2022
According to the new market research report "Steam Trap Market by Product (Thermodynamic, Mechanical, Thermostatic), Application (Drip Application, Process Application, Tracing Application), Body Material (Steel, Iron), End-user Industry, and Geography - Global Forecast to 2022", the steam trap market is projected to be valued at USD 4.11 Billion by 2022, at a CAGR of 4.2% between 2017 and 2022. The growth can be attributed to the strict regulatory framework imposed by regulatory bodies to reduce the carbon footprint, and end-user...
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