Storage tanks are containers that hold liquids, compressed gases (gas tank; or in U.S.A pressure vessel, which is not typically labeled or regulated as a storage tank) or mediums used for the short- or long-term storage of heat or cold. The term can be used for reservoirs (artificial lakes and ponds), and for manufactured containers. The usage of the word tank for reservoirs is uncommon in American English but is moderately common in British English. In other countries, the term tends to refer only to artificial containers.
The classification of Above Ground Storage Tank includes Hazardous for Flammable Liquids, Hazardous for Other Materials and Non-hazardous Content. The proportion of Hazardous for Flammable Liquids in 2017 is about 57%.
RoW is the largest consumption place, with a consumption market share nearly 38% in 2017. Following North America, NA is the second largest consumption place with the consumption market share of 37%.
Market concentration degree is rather dispersion. CST Industries, McDermott, CIMC, Toyo Kanetsu, ISHII IRON WORKS, PermianLide, Motherwell Bridge, Fox Tank, Polymaster and Highland Tank are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
The Global AST (Above Ground Storage Tank) Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global AST (Above Ground Storage Tank) Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
CST Industries
McDermott
CIMC
Toyo Kanetsu
ISHII IRON WORKS
PermianLide
Motherwell Bridge
Fox Tank
Polymaster
Highland Tank
General Industries
Pfaudler
MEKRO
In Market segmentation by geographical regions, the report has analysed 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 :
Hazardous for Flammable Liquids
Non-hazardous Content
Hazardous for Other Materials In Market segmentation by applications :
Oil & Gas
Chemical Industry
Water & Wastewater
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the AST (Above Ground Storage Tank) Market for the forecast period 2023 - 2030?
• What are the driving forces in the AST (Above Ground Storage 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 AST (Above Ground Storage 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? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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