Market Research Report
Water Storage Tank Market Report: Trends, Forecast and Competitive Analysis
|Published by||Lucintel||Product code||691717|
|Published||Content info||250 Pages
Delivery time: 1-2 business days
|Water Storage Tank Market Report: Trends, Forecast and Competitive Analysis|
|Published: August 1, 2018||Content info: 250 Pages||
The future of the global water storage tank market looks promising with opportunities in commercial, municipal, industrial, and residential sectors. The global water storage tank market is expected to reach an estimated $14 billion by 2023 with a CAGR of 3.8% from 2018 to 2023. The major growth drivers for this market are growing construction activities, increasing concerns about water conservation, increasing government regulations for wastewater, and aging water infrastructure.
Emerging trends which have a direct impact on the dynamics of the water storage tank industry include increasing use of roto-molding powder to manufacture cost effective tanks and increasing demand of four layered water storage tanks.
A total of 175 figures / charts and 133 tables are provided in this 250 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this water storage tank market report, download the report brochure.
water storage tank market by application
water storage tank market
water storage tank manufacturers
Water Storage Tank Market by Application Type [Value ($ Million) from 2012 to 2023]:
Potable Water Water Conservation Wastewater Industrial Wastewater Fire Protection Plumbing & Engineering Solution
Water Storage Tank Market by Material Type [Value ($ Million) from 2012 to 2023]:
Fiberglass Steel Concrete (Built in Place and Precast) Polymer Others
Water Storage Tank Market by Storage Capacity [Value ($ Million) from 2012 to 2023]:
Less than 5,000 Liters 5,001 to 50,000 Liters 50,001 to 250,000 Liters Above 250,000 Liters
Water Storage Tank Market by End Use [Value ($ Million) from 2012 to 2023]:
Municipal Industrial Commercial Residential
Water Storage Tank Market by Installation Type [Value ($ Million) from 2012 to 2023]:
Above Ground Under Ground
Water Storage Tank Market by Region [Value ($ Million) from 2012 to 2023]:
North America US Canada Mexico Europe Germany France UK Russia Spain Italy APAC China Japan India ROW Brazil
Some of the water storage tanks companies profiled in this report include McDermott International, Caldwell Tanks, Crom Corporation, Tank Connection, DN Tanks, Synalloy Corporation, Fiber Technology Corporation, ZCL Composites, Sintex Industries, and Superior Tank and others.
On the basis of comprehensive research, Lucintel forecasts that the concrete water storage tank is expected to remain the largest segment over the forecast period due to low-cost, durability, and minimal maintenance requirements. Lucintel predicts that fiberglass water tanks will witness the highest growth because of light weight, high degree of chemical resistance, service life, and low maintenance cost.
Within the global water storage tank market, the municipal will remain the largest end use segment during the forecast period due to increasing infrastructure spending. The commercial segment is expected to witness the highest growth due to increasing commercial construction activities.
APAC is expected to remain the largest market and also witness the highest growth over the forecast period due to growing population and construction activities in this region.
Table 3.42: Market Size and CAGR of Various Regions of Municipal in the Global Water Storage Tank Market by Value (2018-2023)
Table 3.43: Market Size and CAGR of Various Regions of Industrial in the Global Water Storage Tank Market by Value (2012-2017)