Water Tank Market Experience Some Large Growth In Near Future | Plastic Proget European Srl, Synalloy Corporation

Water tank is container that serves the purpose of storing liquid. It is used to store potable water, rain water, water for irrigation, water for construction, water for livestock, water for indoor house use, and others. Water tanks used at home or for institutional use are generally made of polyethylene, steel, or fiber glass. They are available in various shapes and sizes ranging from 200 liters up to more than 10,000 liters. The plastic or the polyethylene water tank is the most widely used water tank all around the world owing to easy availability and installation process.

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The water tank market is primarily driven by growth in number of houses or buildings being built every year all around the world. Moreover, application of water tanks in areas such as construction, agriculture, and aquaculture has led to consistent sale of water tanks all around the world and hence has made way for the growth of water tanks industry. However, issue of water safety in plastic water tanks remains the major restraint for the water tank market as most plastic tanks are known to alter the properties of water it stores. On the contrary, rise in use of water tanks for underground water storage for conservation and surge in demand for portable water tanks is expected to provide opportunities for growth.

The water tank market is segmented into type, application, location, and region. The type segment includes steel, plastic and fiberglass. On the basis of application, the market is divided into household and institutional. By location, the water tank market is classified into underground, outdoor and indoor. Region wise, it is analyzed across North America (U.S., Mexico, and Canada), Europe (Germany, UK, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, India, Japan, Indonesia, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa and Rest of LAMEA).

KEY BENEFITS FOR STAKEHOLDERS
- The report provides a quantitative analysis of the current market trends, estimations, and dynamics of the market size from 2019 to 2027 to identify the prevailing water tank opportunities.
- Porter's five forces analysis highlights the potency of buyers and supplier's tenable stakeholder's make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the size and segmentation assists to determine the prevailing market opportunities.
- The major countries in each region are mapped according their revenue contribution the industry.
- The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the water tank industry.

The key players profiled in this report include Beltenco Corporation, Sintex, Pipeco Tanks, Design Tank, Fiber Technology Corporation, Crom Corporation, Plastic Proget European Srl, Synalloy Corporation, ZCL Composites, and DN Tanks, Inc.

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KEY MARKET SEGMENTATION
- Type
o Steel
o Plastic
o Fiberglass

- Application
o Household
o Institutional

- Location
o Underground
o Outdoor
o Indoor

- Region
o North America
? U.S.
? Canada
? Mexico
o Europe
? Germany
? UK
? France
? Italy
? Spain
? Rest of Europe
o Asia-Pacific
? China
? India
? Japan
? Indonesia
? Australia
? Rest of Asia-Pacific
o LAMEA
? Brazil
? Argentina
? South Africa
? Rest of LAMEA

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