Projeted Growth
Moderate

Growth Potential Meter

Asia-Pacific Water Tank Market Report by Product Type (Concrete Tank, Metal Tank, Plastic Tank, Fiber Glass Tank) by Application / End User (Commercial, Residential, Municipal, Industrial) by Industry Analysis, Volume, Share, Growth, Challenges, Trends and Forecast 2018-2026

Number of pages: 111 | Report Code: PSMR- PSMR-00607 | Report Format : PDF

Report Coverage

Parameters Details

Base Year

2021

Historical Data

2016-2021

Forecast Data

2022-2028

Base Year Value (2021)

USD million

Forecast Value (2028)

USD million

CAGR (2022 to 2028)

%

Regional Scope

North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW

The Asia-Pacific water storage systems market was valued at USD 3.52 billion in 2017 and is expected to reach USD 8.38 billion by 2026, at a CAGR of 10.12 % from 2017 to 2026. A water tank is a container which is used for preserving water. Water tanks are used to provide storage of water .It is used in many applications like drinking water, irrigation agriculture, fire suppression, agricultural farming, both for plants and livestock, chemical manufacturing, food preparation and many others. Factors for rise in the water tank market is increase in population and scarcity of water is increasing day by day in Asia –pacific. The water tank Play important role in preserving the rainwater as well.  


Water Tank Market is segmented into Concrete Tank, Metal Tank, Plastic Tank, Fiber Glass Tank. Concrete water tanks and ferro-cement water tanks are generally strong and long-lasting. They are very heavy, and difficult to handle. 5000G tank would weigh about 8 tonnes. Concrete water tank Concrete water tanks are most often installed underground however smaller tanks are available for above ground. It is more durable as compared to the plastic water tank. If properly maintained, it can last for several years. It keeps water cold and clean as compared to the plastic water tank. It is easy to clean as compared to the plastic water tank.  


Among the various end-use industries, the municipal segment held the largest share of the Asia Pacific water storage systems market. Major user of the water tank is Municipal, they are responsible for the distribution and supply of water to cities, towns, and domestic & public service enterprises. The huge distribution network of municipal consists of water storage systems to store as well as deliver water when needed.Growing population and urbanization has led to the municipal to be major user of the water tank.  


Due to growing water demand in day to day life Water Tank Market is rising at a faster rate.Asia pacific accounts for the largest market share. China accounts for the major share followed by Japan , South Korea, Taiwan, India. . Water scarcity and the depleting groundwater resources in the Asia pacific will also drive the water storage systems market in the countries.  


Global Asia-Pacific Water Tank Market Report
 


Asia-Pacific Water Tank Market: Product Type

  • Concrete Tank
  • Metal Tank
  • Plastic Tank
  • Fiber Glass Tank

Asia-Pacific Water Tank Market: End Users/Application Analysis

  • Commercial
  • Residential
  • Municipal
  • Industrial

Asia-Pacific Water Tank Market : Competitive Analysis

Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Asia-Pacific Water Tank Market:

  • 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

Geographical analysis of Asia-Pacific Water Tank Market:

  • North America
    • U.S.A
    • Canada
  • Europe
    • France
    • Germany
    • Spain
    • UK
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South East Asia
  • Latin America
    • Brazil
  • Middle East and Africa

Asia-Pacific Water Tank Market Report delivers comprehensive analysis of :

  • Market Forecast for 2018-26
  • Market growth drivers
  • Challenges and Opportunities
  • Emerging and Current Market trends
  • Market player Capacity, Production, Revenue (Value)
  • Supply (Production), Consumption, Export, Import analysis
  • End user/application Analysis


Frequently Asked Questions (FAQ)


Asia-Pacific Water Tank Market was valued at around USD million in 2021 & estimated to reach USD by 2028.




Asia-Pacific Water Tank Market is likely to grow at compounded annual growth rate (CAGR) of % between 2022 to 2028.












Yes, the report includes COVID 19 impact on the market.



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