The report offers detailed coverage of Water Tank industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Water Tank by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
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.
The report forecast global Water Tank market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Water Tank market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
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.
At the same time, we classify Water Tank according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Concrete Tank
Metal Tank
Plastic Tank
Fiber Glass Tank
Market by Application
Commercial
Residential
Municipal
Industrial
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Water Tank market for the forecast period 2021 - 2025?
• What are the driving forces in the Water Tank market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Water Tank industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?