Press release
The Thorough Analysis Of The Global chemical storage tank Market Research During COVID-19 Health Crisis
The future of the chemical storage tank market looks promising with opportunities in the petrochemical, food and beverage, pharmaceutical, and pulp and paper industries for various tank applications. The global chemical storage tank market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $5.3 billion by 2025 with a CAGR of 2% to 4% from 2020 to 2025. . The major drivers for this market are increasing refineries, growing industrialization, and replacement of aging chemical storage tanks.Top Companies Covered in this Report:
CIMC, ZCL Composites, CST Industries, Worthington, Snyder Industrial, Synalloy, Containment Solutions, Highland Tank, Enduro Composites, Sintex Industries and others.
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Emerging trends which have a direct impact on the dynamics of the chemical storage tank industry include increasing use of double wall chemical storage tanks for protection against hazardous chemical spills and adoption of hydrostatic monitoring system for continuous leak-detection in underground fuel tanks.
A total of 148 figures / charts and 85 tables are provided in this 211 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this chemical storage tank market report download the report brochure.
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Table Of Content
1. Executive Summary
2. Market Background and Classifications
3. Market Trends and Forecast Analysis from 2014 to 2025
4. Market Trends and Forecast Analysis by Region
5. Competitor Analysis
6. Cost Structure Analysis
7. Growth Opportunities and Strategic Analysis
8. Company Profiles of Leading Players
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Sameer Joshi
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Pune
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