Scope of the Study
Water storage tank, an essentials part of daily routine for residential, commercial and industrial purpose. Increasing government initiatives in renewing the old standard for water discharge from numerous industries by restricting the discharge of wastewater into public water bodies in both developing and developed economies. As a result, the surging stringent government regulations for wastewater treatment will drive the industrial water storage tanks market in the upcoming years.
The market study is being classified by Type (Less than 5,000, Liters 5,001 to 50,000 Liters, 50,001 to 250,000 Liters and Above 250,000 Liters), by Application (Residential, Commercial and Industrial) and major geographies with country level break-up.
CST Industries (United States), Chicago Bridge & Iron Company (CB&I) ((United States)), PermianLide (United States), Highland Tank & Manufacturing Company Inc. (United States), Lanpec Technologies Limited (China), ZCL Composites (Canada), OPW Corporate (United States), Fox Tank Co. (United States), Motherwell Bridge Industries Ltd. (Malta), Ishii Iron Works Co.,Ltd. (Japan), Pfaudler (United States) and CIMC ENRIC HOlDINGS LIMITED (China) are some of the key players profiled in the study.
The industrial water storage tanks market is moderately fragmented. Companies are focusing on installing portable water storage tanks, which can be easily moved in case the plant gets shifted. Research Analyst at AMA predicts that United States and Chinese Manufacturers will contribute to the maximum growth of Global Steel Water Storage Tank market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Steel Water Storage Tank market by Type, Application and Region.
On the basis of geography, the market of Steel Water Storage Tank has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
- Increasing Demand of Steel Water Storage Tank in Commercial and Industrial Purpose
- Stringent Government Regulations for Wastewater Treatment
- Surging Demand of Four Layered Water Storage Tanks Worldwide
- High Manufacturing and Maintenance Cost
- Increasing Government Initiatives to Preserve Water Bodies and Reduce the Scarcity of Water
- Surging Use of Roto-Molding Powder to Manufacture Cost Effective Tanks
- High Voluminous Size Consists High Transportation Cost Ultimately Turns into a Restrain for Interstate or International Trades
Key Target AudienceSteel Water Storage Tank Manufacturers, Raw Material Suppliers, End Users and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase