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    Water Storage Systems Market Report

    Water Storage Systems Market Report
    Report code - SRCE295 Delivery - 2 Weeks
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    Water Storage Systems Market Size, Share, Trend, Forecast, & Industry Analysis – See more...

    Impact of COVID-19 on Water Storage Systems Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Water Storage Systems Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    Water storage systems market is likely to witness an impressive CAGR of 5.1% during the forecast period. Rapid growing urbanization along with imposition of stringent regulations for conservation of water is the major key driver that is contributing to the demand for water storage systems, globally.

    Water Storage Systems Market – Snapshot

    Growth

    5.1% for the next five years

    Major Material Type

    Concrete

    Key Application Type

    Hydraulic Fracture Storage & Collection

    Dominant End-Use Industry Type

    Municipal

    Region with the highest demand

    Asia-Pacific

    Key Players

    CST Industries, Inc., ZCL Composites, Inc., Synalloy Corporation, AG Growth International Inc., Grupo Rotoplas S.A.B. De C.V., Mcdermott International, Inc., BH Tank, Fiber Technology Corporation, Caldwell Tanks, Containment Solutions Inc., Maguire Iron Inc., Snyder             Industries, Crom Corporation, Tank Connection, Contain Enviro          Services Ltd., HMT LLC, DN Tanks, Hendic Bv, Sintex Plastics          Technology Limited, and Balmoral Tanks Limited.

    Segment Analysis

    Water-Storage-Systems-Market-Dominant-Segments

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    Water Storage Systems Market Share: By Material Type

    Based on the material type, the market is segmented as concrete, steel, plastic, fiberglass, and others. The concrete segment held the largest share of the market in 2020, and is expected to remain dominant during the forecast period. Durability and corrosion resistant properties of concrete is driving the growth of this segment.

    Water Storage Systems Market Share: By Application Type

    Based on the application type, the market is segmented as hydraulic fracture storage & collection, onsite water & wastewater collection, potable water storage system, fire suppression reserve & storage, rainwater harvesting & collection, and others. The hydraulic fracture storage & collection segment accounted for the largest share of the market in 2020, and is expected to maintain its dominance during the forecast period. The growth of the segment is driven by increasing oil explorations.

    Water Storage Systems Market Share: By End-Use Industry Type

    Based on the end-use industry type, the water storage systems market is segmented as municipal, industrial, commercial, and residential. The municipal segment dominates the market on account of global water scarcity. Further, growing population and increasing urbanization are likely to propel the segment’s growth during the forecast period.

    Water Storage Systems Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing market for water storage systems during the forecast period, with China, Japan, India, and Australia being the major countries with lucrative growth opportunities. The growth of the market is driven by the increasing government initiatives to conserve water as well as rapidly growing industrial, commercial, and residential developments in emerging economies of the region. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

    Water-Storage-Systems-Market-By-Region

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    Market Scope & Segmentation

    Water storage systems include containers for storing water. These systems are used to provide storage of water for use in many applications such as municipal, residential, commercial, and industrial.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Water Storage Systems Market Research Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The water storage systems market is segmented into the following categories. 

    Water Storage Systems Market Size, Share, & Forecast, by Material Type:

    • Concrete (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Steel (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Plastic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Fiberglass (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Material Type Analysis: Collapsible Tanks, Wood Tanks, and Open-Lined Pits)

    Water Storage Systems Market Size, Share, & Forecast, by Application Type:

    • Hydraulic Fracture Storage & Collection (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Onsite Water & Wastewater Collection (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Potable Water Storage System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Fire Suppression Reserve & Storage (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Rainwater Harvesting & Collection (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Application Type Analysis: Irrigation, Secondary Containment Systems, and Marine Applications)

    Water Storage Systems Market Size, Share, & Forecast, by End-Use Industry Type:

    • Municipal (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Industrial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Commercial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Residential (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Water Storage Systems Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Key Players

    Some of the major players in the water storage systems market are-

    • CST Industries, Inc.
    • ZCL Composites, Inc.
    • Synalloy Corporation
    • AG Growth International Inc.
    • Grupo Rotoplas S.A.B. De C.V.
    • Mcdermott International, Inc.
    • BH Tank
    • Fiber Technology Corporation
    • Caldwell Tanks
    • Containment Solutions Inc.
    • Maguire Iron Inc.
    • Snyder Industries
    • Crom Corporation
    • Tank Connection
    • Contain Enviro Services Ltd.
    • HMT LLC
    • DN Tanks
    • Hendic Bv
    • Sintex Plastics
    • Technology Limited
    • Balmoral Tanks Limited.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the material types by end-use industry type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]

    Frequently Asked Questions (FAQs)

    The water storage systems market is expected to witness an impressive growth of 5.1% CAGR in the foreseeable future.

    CST Industries, Inc., ZCL Composites, Inc., Synalloy Corporation, AG Growth International Inc., Grupo Rotoplas S.A.B. De C.V., Mcdermott International, Inc., BH Tank, Fiber Technology Corporation, Caldwell Tanks, Containment Solutions Inc., Maguire Iron Inc., Snyder Industries, Crom Corporation, Tank Connection, Contain Enviro Services Ltd., HMT LLC, DN Tanks, Hendic Bv, Sintex Plastics, Technology Limited, and Balmoral Tanks Limited are among the key players in the water storage systems market.

    Asia-pacific is expected to be the largest water storage systems market during the forecast period.

    The concrete segment is expected to remain dominant in the water storage systems market in the coming five years.

    The hydraulic fracture storage & collection segment is expected to remain dominant in the water storage systems market during the forecast period.

    Rapid growing urbanization along with imposition of stringent regulations for conservation of water is the key factor driving the growth of water storage systems market.

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