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Water Tank Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030

ID : MRU_24920 | Date : Jan, 2023 | Pages : 186 | Region : Global

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A water tank is a container for storing water. Water tanks are used to provide storage of water for use in many applications, drinking water, irrigation agriculture, fire suppression, agricultural farming, both for plants and livestock, chemical manufacturing, food preparation as well as many other uses. Water tank parameters include the general design of the tank, and choice of construction materials, linings. Various materials are used for making a water tank: plastics (polyethylene, polypropylene), fiberglass, concrete, stone, steel (welded or bolted, carbon, or stainless). Earthen pots also function as water storages. Water tanks are an efficient way to help developing countries to store clean water.
North America was the largest market with a market share of 64.34% in 2012 and 64.41% in 2016 with a slight increase. Europe ranked the second markets with the market share of 20.44% in 2016.
Municipal is the largest end-use industry in the market, which accounted 50.43% market share in 2016, as it is engaged in the supply and distribution of potable water to urban, semi-urban, and rural regions. Municipalities look after a vast network of Water Tank to store and deliver water according to the needs of communities. In terms of application, the global Water Tank market has been witnessing significant demand from the oil and gas industry, where hydraulic fracture requires a large amount of water to be stored. The used water after the fracturing process needs to be further stored and treated before being released into the environment. Rise in oil and gas exploration activities has contributed to the demand for Water Tank.

The Global Water Tank Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023 - 2030.

As the report focuses on global Water Tank Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-

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.

In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:

Concrete Tank
Metal Tank
Plastic Tank
Fiber Glass Tank
In Market segmentation by applications :

Commercial
Residential
Municipal
Industrial

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Water Tank Market for the forecast period 2023 - 2030?
• What are the driving forces in the Water Tank Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Water Tank industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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