North America Fire Protection Water Storage Tanks Market Size, Share, Demand, Manufacturers and Forecast 2023-2028

IMARC Group, a leading market research company, has recently released a report titled "North America Fire Protection Water Storage Tanks Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028." The study provides a detailed analysis of the industry, including the North America fire protection water storage tanks market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How big is the North America fire protection water storage tanks market?

The North America fire protection water storage tanks market size reached US$ 276.5 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 445.5 Million by 2027, exhibiting a growth rate (CAGR) of 7.8% during 2022-2027.

Market Outlook:

Water storage tanks for fire protection are elevated containers that supply an adequate amount of water to fire sprinkler systems and other fighting measures. They are usually manufactured from steel and fiberglass materials and then coated with epoxy and glass-fused-to-steel. These systems are inexpensive, durable, have a long service life, and prevent loss of property by providing safety in unpredictable circumstances. Therefore, these water tanks are incorporated in dedicated areas or locations to enable water supply for dousing a fire. Consequently, they are further installed in home and business settings, high-rise buildings, warehouses with high-piled storage, and aircraft hangars in earthquake-prone areas to prevent fire-related injuries or deaths.

Download a free sample report to get a detailed overview of the market: https://www.imarcgroup.com/north-america-fire-protection-water-storage-tanks-market/requestsample

Market Trends and Demand: 

The increasing incidences of fire-related injuries across various commercial and industrial sectors and the rising need for water-supplying systems to reduce fire and protect workers from severe danger are primarily driving the market growth. In line with this, the introduction of more adaptable, robust, and economical product variants that can be easily installed in commercial, residential, and industrial sectors is favoring the market growth.

Additionally, the ongoing development of innovative, high-performance, state-of-the-art fire protection water storage tanks in different capacities and the increasing demand for water storage tanks with minimal water loss property are impelling the market growth. Besides this, rapid urbanization, industrialization, and the expanding construction of warehouses, hotels, and offices in the region are supplementing the product demand in the regional market.

North America Fire Protection Water Storage Tanks Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape with Key Players:                                           

The competitive landscape of the North America fire protection water storage tanks market has been studied in the report with the detailed profiles of the key players operating in the market.

List of Key Companies Covered in this Market Report:

• Superior Tank Co. Inc
• Tank Connection LLC
• T.F. Warren Group Inc
• CST Industries Inc.
• National Storage Tank Inc.
• Fisher Tank Company
• DN Tanks Inc.
• Gulf Coast Tank and Construction Co.
• Pittsburg Tank & Tower Co Inc.

Explore Full Report Description At: https://www.imarcgroup.com/north-america-fire-protection-water-storage-tanks-market

Key Market Segmentation:

The report has segmented the North America fire protection water storage tanks market on the basis of ingredient, additives, product form, end user and region.

Breakup by Material Type:

• Steel
• Steel Welded
• Steel Bolted
• Fiberglass
• Others

Breakup by Coating Type:

• Epoxy
• Glass-Fused-To-Steel
• Others

Breakup by Size:

• 100,000-250,000 Gallons
• 50,000-100,000 Gallons
• 25,000-50,000 Gallons
• >250,000 Gallons
•

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