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", published by MarketsandMarkets™, the market is projected to be valued at USD 4.11 Billion by 2022, at a CAGR of 4.2% between 2017 and 2022.

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