Steel Pressure Water Tank Market - Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented By Tank Type, By Type, By Application, By Region, and By Competition, 2020-2030F

Description

The Global Steel Pressure Water Tank Market, valued at USD 6.91 Billion in 2024, is projected to experience a CAGR of 5.1% to reach USD 9.31 Billion by 2030. Steel pressure water tanks are enclosed, durable steel vessels engineered to store water under pressure, regulating system pressure and ensuring a consistent water supply across residential, commercial, and industrial applications. The global market's expansion is primarily supported by the ongoing trends of industrialization and urbanization, creating increased demand for dependable water infrastructure in developing economies.

Market Overview
Forecast Period	2026-2030
Market Size 2024	USD 6.91 Billion
Market Size 2030	USD 9.31 Billion
CAGR 2025-2030	5.1%
Fastest Growing Segment	Horizontal
Largest Market	Europe

Key Market Drivers

Rapid industrialization and urbanization represent pivotal drivers for the Global Steel Pressure Water Tank Market, generating substantial demand for advanced water infrastructure. The global shift towards expanding urban centers and increasing industrial activity necessitates robust and efficient water storage and distribution systems. This growth catalyzes significant investments in large-scale infrastructure projects to cater to burgeoning populations and industrial requirements. According to the World Bank, in May 2024, the 'World Bank Report: $86 Billion Boosts Global Infrastructure in Low- and Middle-Income Countries' highlighted that 68 countries benefited from private infrastructure investments across 322 projects in 2023, directly increasing the demand for critical water infrastructure components like steel pressure water tanks. The continuous development of new facilities consistently requires durable water storage solutions, fueling market expansion.

Key Market Challenges

The inherent volatility of raw material prices presents a significant challenge directly hampering the growth of the Global Steel Pressure Water Tank Market. Unpredictable fluctuations in steel costs complicate production planning and budgeting for manufacturers. This leads to instability in product pricing, which can deter potential buyers seeking long-term cost predictability for their water infrastructure projects.

Key Market Trends

The integration of smart monitoring and AI-driven water management systems represents a pivotal trend in the Global Steel Pressure Water Tank Market, enhancing operational efficiency and resource conservation. These advanced systems leverage IoT sensors and artificial intelligence to provide real-time data on water levels, pressure, and quality, enabling predictive maintenance and optimizing water distribution. According to the International Water Association, a 2023 study demonstrated a 3% reduction in non-revenue water for utilities that implemented smart leak detection systems within a two-year period. This technological integration minimizes water wastage, extends equipment lifespan, and reduces manual inspection requirements, contributing to significant cost savings.

Key Market Players

CST Industries, Inc.
Superior Tank Co., Inc.
Permastore Limited
Snyder Industries, LLC
Xerxes Corporation
Containment Solutions, Inc.
Palmer Mfg. & Tank Inc.
Wessels Company
Roth Industries GmbH & Co. KG
AT&V, Inc.

Report Scope:

In this report, the Global Steel Pressure Water Tank Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Steel Pressure Water Tank Market, By Tank Type:

Diaphragm
Bladder Pressure
Air-Over-Water

Steel Pressure Water Tank Market, By Type:

Horizontal
Vertical

Steel Pressure Water Tank Market, By Application:

Commercial
Residential
Industrial
Infrastructure

Steel Pressure Water Tank Market, By Region:

North America
- United States
- Canada
- Mexico
Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
South America
- Brazil
- Argentina
- Colombia
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Steel Pressure Water Tank Market.

Available Customizations:

Global Steel Pressure Water Tank Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Steel Pressure Water Tank Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Tank Type (Diaphragm, Bladder Pressure, Air-Over-Water)
- 5.2.2. By Type (Horizontal, Vertical)
- 5.2.3. By Application (Commercial, Residential, Industrial, Infrastructure)
- 5.2.4. By Region
- 5.2.5. By Company (2024)
5.3. Market Map

6. North America Steel Pressure Water Tank Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Tank Type
- 6.2.2. By Type
- 6.2.3. By Application
- 6.2.4. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Steel Pressure Water Tank Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Tank Type
    - 6.3.1.2.2. By Type
    - 6.3.1.2.3. By Application
- 6.3.2. Canada Steel Pressure Water Tank Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Tank Type
    - 6.3.2.2.2. By Type
    - 6.3.2.2.3. By Application
- 6.3.3. Mexico Steel Pressure Water Tank Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Tank Type
    - 6.3.3.2.2. By Type
    - 6.3.3.2.3. By Application

7. Europe Steel Pressure Water Tank Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Tank Type
- 7.2.2. By Type
- 7.2.3. By Application
- 7.2.4. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Steel Pressure Water Tank Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Tank Type
    - 7.3.1.2.2. By Type
    - 7.3.1.2.3. By Application
- 7.3.2. France Steel Pressure Water Tank Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Tank Type
    - 7.3.2.2.2. By Type
    - 7.3.2.2.3. By Application
- 7.3.3. United Kingdom Steel Pressure Water Tank Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Tank Type
    - 7.3.3.2.2. By Type
    - 7.3.3.2.3. By Application
- 7.3.4. Italy Steel Pressure Water Tank Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Tank Type
    - 7.3.4.2.2. By Type
    - 7.3.4.2.3. By Application
- 7.3.5. Spain Steel Pressure Water Tank Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Tank Type
    - 7.3.5.2.2. By Type
    - 7.3.5.2.3. By Application

8. Asia Pacific Steel Pressure Water Tank Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Tank Type
- 8.2.2. By Type
- 8.2.3. By Application
- 8.2.4. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Steel Pressure Water Tank Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Tank Type
    - 8.3.1.2.2. By Type
    - 8.3.1.2.3. By Application
- 8.3.2. India Steel Pressure Water Tank Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Tank Type
    - 8.3.2.2.2. By Type
    - 8.3.2.2.3. By Application
- 8.3.3. Japan Steel Pressure Water Tank Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Tank Type
    - 8.3.3.2.2. By Type
    - 8.3.3.2.3. By Application
- 8.3.4. South Korea Steel Pressure Water Tank Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Tank Type
    - 8.3.4.2.2. By Type
    - 8.3.4.2.3. By Application
- 8.3.5. Australia Steel Pressure Water Tank Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Tank Type
    - 8.3.5.2.2. By Type
    - 8.3.5.2.3. By Application

9. Middle East & Africa Steel Pressure Water Tank Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Tank Type
- 9.2.2. By Type
- 9.2.3. By Application
- 9.2.4. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Steel Pressure Water Tank Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Tank Type
    - 9.3.1.2.2. By Type
    - 9.3.1.2.3. By Application
- 9.3.2. UAE Steel Pressure Water Tank Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Tank Type
    - 9.3.2.2.2. By Type
    - 9.3.2.2.3. By Application
- 9.3.3. South Africa Steel Pressure Water Tank Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Tank Type
    - 9.3.3.2.2. By Type
    - 9.3.3.2.3. By Application

10. South America Steel Pressure Water Tank Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Tank Type
- 10.2.2. By Type
- 10.2.3. By Application
- 10.2.4. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Steel Pressure Water Tank Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Tank Type
    - 10.3.1.2.2. By Type
    - 10.3.1.2.3. By Application
- 10.3.2. Colombia Steel Pressure Water Tank Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Tank Type
    - 10.3.2.2.2. By Type
    - 10.3.2.2.3. By Application
- 10.3.3. Argentina Steel Pressure Water Tank Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Tank Type
    - 10.3.3.2.2. By Type
    - 10.3.3.2.3. By Application

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Steel Pressure Water Tank Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. CST Industries, Inc.
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. Superior Tank Co., Inc.
15.3. Permastore Limited
15.4. Snyder Industries, LLC
15.5. Xerxes Corporation
15.6. Containment Solutions, Inc.
15.7. Palmer Mfg. & Tank Inc.
15.8. Wessels Company
15.9. Roth Industries GmbH & Co. KG
15.10. AT&V, Inc.