A water tank is a container for storing water. Water tanks are used to provide storage of water for use in many applications, drinking water, irrigation agriculture, fire suppression, agricultural farming, both for plants and livestock, chemical manufacturing, food preparation as well as many other uses. Water tank parameters include the general design of the tank, and choice of construction materials, linings. Various materials are used for making a water tank: plastics (polyethylene, polypropylene), fiberglass, concrete, stone, steel (welded or bolted, carbon, or stainless). Earthen pots also function as water storages. Water tanks are an efficient way to help developing countries to store clean water.
North America was the largest market with a market share of 64.34% in 2012 and 64.41% in 2016 with a slight increase. Europe ranked the second markets with the market share of 20.44% in 2016.
Municipal is the largest end-use industry in the market, which accounted 50.43% market share in 2016, as it is engaged in the supply and distribution of potable water to urban, semi-urban, and rural regions. Municipalities look after a vast network of Water Tank to store and deliver water according to the needs of communities. In terms of application, the global Water Tank market has been witnessing significant demand from the oil and gas industry, where hydraulic fracture requires a large amount of water to be stored. The used water after the fracturing process needs to be further stored and treated before being released into the environment. Rise in oil and gas exploration activities has contributed to the demand for Water Tank.
According to this study, over the next five years the Water Tank market will register a xx% CAGR in terms of revenue, the global market size will reach USD xx million by 2024, from USD xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Water Tank business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Water Tank market by product type, application, key manufacturers and key regions and countries.
This study considers the Water Tank value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Concrete Tank
Metal Tank
Plastic Tank
Fiber Glass Tank
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Commercial
Residential
Municipal
Industrial
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
ZCL Composites Inc.
CST Industries, Inc.
Tank Connection
Schumann Tank
UIG
DN Tanks
American Tank Company
Crom Corporation
Chicago Bridge & Iron Company N.V. (CB&I)
Caldwell Tanks
Maguire Iron Inc.
Snyder Industries Inc.
Norwesco Industries
Promax Plastics
Containment Solutions, Inc.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Water Tank consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Water Tank market by identifying its various subsegments.
Focuses on the key global Water Tank manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Water Tank with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Water Tank submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
