Water Storage Tank Market Size, Share By Top Leading Players: Caldwell Tanks, CROM, DN Tanks, Fiber Technology Corporation Inc., McDermott

A water storage tank is a container used to store water. Water tanks are used to provide stored water for various applications such as drinking, agriculture, fire suppression, chemical manufacturing, food preparation, etc. Different type of materials is used for making water storage tank which includes plastics, fiberglass, concrete, stone and steel. Water tanks are the most efficient way to store clean water in developing countries. Water storage tanks are kept outside, underground or above ground.

The increase in population has resulted in high demand for water storage tanks in rural and urban areas. Furthermore, there is a limited supply of fresh water in developed and developing countries. As a result, the growing concern over the use of conventional water due to lack of drinking water in many areas is boosting the market for water storage tanks. In addition, an increase in global construction and industrialization activities is propelling the demand for water storage tanks globally.

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Emerging Players in Water Storage Tank Market are :
Caldwell Tanks,CROM,DN Tanks,Fiber Technology Corporation Inc.,McDermott,Sintex Plastics Technology Ltd,Superior Tank Co., Inc,Synalloy Corporation,Tank Connection,ZCL Composites Inc.

The main drivers of growth in this market are the rising concern for water conservation and the increase in government regulation of wastewater and aging water infrastructure. Also, the need for treated, recycled and soft water for various purposes in the industrial and commercial sectors, particularly in refineries, is driving demand for water storage tanks. The Asia Pacific region is forecast to provide a lucrative growth opportunity for the market due to growing population and construction activities in this region.

Market Segmentation:
By Material
o Fiberglass
o Steel
o Concrete
o Polymer

By Size
o Less than 5,000 Liters
o 5,001 to 50,000 Liters
o 50,001 to 250,000 Liters
o Above 250,000 Liters

By Type
o Aboveground
o Underground

By End User
o Municipal
o Industrial
o Commercial
o Residential

By Application
o Potable Water
o Water Conservation
o Wastewater
o Fire Protection
o Plumbing and Engineering Solutions

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the water storage tank market. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last 3 years.

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