The Global Tray and Spray Deaerator Market Growth Analysis indicates steady expansion, supported by increasing investments in industrial deaerator systems, refinery upgrades, and modernization of aging thermal power plants. In 2025, the Tray and Spray Deaerator Market was valued at USD 1.93 billion, reaching USD 2.67 billion by 2032. In volume terms, the market stands at 218,105 units in 2025, projected to reach ** units by 2032, reflecting sustained infrastructure demand across utilities and industrial manufacturing. Growth in the Tray Type Deaerator Market and Spray Type Deaerator Market is supported by rising focus on corrosion prevention, asset lifecycle extension, and thermal efficiency improvements. Increasing retrofit activity across North America and capacity additions in the Asia Pacific are strengthening the Global Deaerator Market.
Key Highlights
Asia Pacific dominated the Tray and Spray Deaerator Market, accounting for 37.79% Market Share in 2025, driven by industrial expansion in China and India.
Europe accounts for USD ** billion in 2025, supported by the modernization of district heating and compliance-driven boiler upgrades.
North America reached USD billion in 2025, expanding to USD billion by 2032, fueled by retrofit and replacement demand.
Tray Type Deaerators lead the market, valued at USD 1.16 Billion in 2025, owing to superior oxygen removal efficiency in large power plants.
The 50,001–250,000 lb/hr capacity segment dominated the Tray and Spray Deaerator Market with **% market share in 2025, reflecting its widespread application across mid-sized industrial facilities and regional power plants.
Spirax Sarco generated USD 2.25 billion in revenue in 2024 and holds a 9.28% market share in the Tray and Spray Deaerator Market.
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Tray and Spray Deaerator Market Size, By Application (2025–2032)
Power Generation remains the leading application segment in the Tray and Spray Deaerator Market, accounting for USD 0.69 Billion in 2025, driven by Thermal plant modernization programs, Capacity additions in the Asia Pacific, and Corrosion control mandates in high-pressure steam cycles.
Refinery & Petrochemical segment stands at USD ** Billion in 2025, reflecting strong demand for continuous steam generation systems across oil & gas processing facilities.
The Food & Beverage and Pulp & Paper segments provide stable, recurring demand within the industrial steam deaeration systems market.
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Tray and Spray Deaerator Market Segmentation
Segmentation Type | Segments |
By Type | Tray Type Spray Type |
By Lifecycle / Service / Aftermarket | New Installations Retrofits & Replacement Aftermarket Services (AMCs / Digital Monitoring) |
By Capacity Range | < 50,000 lb/hr (≈23 TPH) 50,001–250,000 lb/hr (≈115 TPH) 250,001–1,000,000 lb/hr (≈450 TPH) > 1,000,000 lb/hr |
By Application | Power Generation / Utilities Refinery & Petrochemical Food & Beverage Pulp & Paper Others (District Heating, CHP, etc.) |
Regional Analysis
Asia Pacific dominated the Tray and Spray Deaerator Market, generating USD 0.73 Billion in 2025, driven by thermal power expansion, refinery capacity additions, and rapid industrialization across China and India.
North America held **% market share in 2025, supported by retrofit demand, boiler modernization, and lifecycle extension strategies across utilities and industrial steam systems.
Europe accounts for USD ** Billion in 2025, backed by decarbonization initiatives, district heating upgrades, and strong compliance-driven adoption of high-efficiency steam deaerator systems.
Middle East & Africa is the fastest-growing region, registering a CAGR of 2.29% through 2032, fueled by petrochemical and refinery expansion projects.
South America shows steady growth, supported by pulp & paper and food processing steam demand.
Risk Analysis – Tray and Spray Deaerator Market
Key risks include volatility in steel prices, capital expenditure constraints in utilities, and energy transition toward renewables. However, ongoing modernization of boiler deaerator systems, rising corrosion management awareness, and long-term service contracts mitigate downside risks.
Risk Category | North America | Europe | Asia Pacific | Middle East & Africa | South America |
Raw Material Price Volatility | Medium | High | High | Medium | Medium |
Capital Expenditure Delays | Medium | Medium | High | High | Medium |
Energy Transition Risk | Medium | High | Medium | Low | Low |
Supply Chain Disruptions | Medium | Medium | High | Medium | Medium |
Regulatory & Compliance Changes | Medium | High | Medium | Low | Low |
Skilled Workforce Shortage | High | Medium | Medium | Medium | Medium |
Competitive Analysis of the Leading Companies in Tray and Spray Deaerator Market
The Tray and Spray Deaerator Market Competitive Landscape is moderately consolidated, comprising global boiler OEMs and specialized industrial steam deaeration system manufacturers. Leading players are focusing on the Modular system design, Digital monitoring & automation integration, Corrosion-resistant material innovation, and Lifecycle service and aftermarket expansion.
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The Tray and Spray Deaerator Market is expected to witness steady growth through 2032, driven by rising industrial steam demand, boiler efficiency requirements, and strict water quality standards. Tray-type systems continue to dominate large-scale power generation facilities, while spray-type units gain traction across mid-sized industrial operations. Asia Pacific remains the fastest-growing region, supported by infrastructure expansion, while North America and Europe sustain demand through retrofits and modernization of aging boiler systems.