Market Overview:
The global HDPE storage tanks market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for HDPE storage tanks from various end-use industries, such as water and wastewater treatment, chemicals, oil and gas, pulp and paper, and others. In terms of type, the below 100 cubic meter segment is expected to dominate the global HDPE storage tanks market during the forecast period. This can be attributed to its low cost as compared to other types of HDPE storage tanks. In terms of application, the water and wastewater treatment segment is expected to dominate the global HDPE storage tanks market during the forecast period.
Product Definition:
HDPE Storage Tanks are tanks usually used to store liquids or gases. They are made from high-density polyethylene, a type of plastic, and are therefore very durable. This makes them ideal for use in a variety of industries, such as agriculture and food processing.
Below 100 Cubic Meter:
Below 100 cubic meter is the range where HDPE storage tanks can be installed. These tanks are widely used in industries such as water, chemicals, and wastewater treatment plants for a variety of applications. The growth factor in below 100 cubic meter HDPE storage tank market is high demand from emerging economies including China and India due to increasing population coupled with industrialization which has led to growing chemical & petrochemical industry.
100-200 Cubic Meter:
100-200 cubic meter is the range of HDPE storage tanks that are used for storing petrochemical feedstock such as crude oil, naphtha, gasoline, and other products. These storage tanks are manufactured in numerous sizes ranging from 1 thousand liters to 10 thousand liters. The 100-200 cubic meters range is commonly used in offshore facilities where large capacity storage needs are fulfilled.
Application Insights:
The chemicals segment dominated the global HDPE storage tanks market, accounting for a revenue share of over 24.0% in 2017. The growth can be attributed to the increasing demand for chemical products from various end-use industries across the globe. In addition, growing investments in developing new production technologies and expanding existing facilities are expected to augment product demand over the forecast period.
In terms of volume as well as revenue, water and wastewater treatment segment is anticipated to witness significant growth during the forecast period owing to rising population coupled with industrialization trends across several emerging economies including India China Indonesia Thailand etcetera These factors are likely to result in an increased requirement for fresh water thereby driving industry expansion at a rapid pace during future years.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 40% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for chemicals, water and wastewater treatment, oil and gas, and others.
The growing population coupled with rapid urbanization has led to increased demand for housing which is likely to boost construction activities across Asia Pacific economies such as China, India, Indonesia among others. This will drive the product demand from 2018 to 2030.
North America HDPE storage tanks market was valued at USD X million in 2017 owing its large chemical industry along with other end-user industries that require high volumes of storage space such as food processing plants are also contributing towards regional growth.
Growth Factors:
- Increasing demand for HDPE storage tanks from the oil and gas industry as a result of the growth in exploration and production activities
- Rising demand for HDPE storage tanks from the chemical industry due to the growth in end-user industries such as pharmaceuticals, agrochemicals, and food & beverages
- Growing popularity of composite tanks made from HDPE and other materials that offer superior performance characteristics compared to traditional steel tanks
- Proliferation of smart tank management systems that provide real-time data on tank levels, temperature, pressure, etc., helping users optimize their operations
- Increasing use of recycled HDPE resin in manufacturing new storage tanks, which helps reduce environmental impact
Scope Of The Report
Report Attributes
Report Details
Report Title
HDPE Storage Tanks Market Research Report
By Type
Below 100 Cubic Meter, 100-200 Cubic Meter, Above 200 Cubic Meter
By Application
Water and Wastewater Treatment, Chemicals, Oil and Gas, Pulp and Paper, Others
By Companies
Kshama Agro Industries, Shivas Reinplast Company, BINDICA POLY PLAST-, Jaibhavani Engineering, Park Plastic Products, Tank Holdings Corp., West Coast Poly, RotoTank, Industrial Poly Tanks and Vessels, Omkar Composites Pvt Ltd., SABARI PLASTIC PVT.LTD, Wydale Plastics Limited, Zeebest Plastics, SPIRAL TANKS, EIKON PLASTIC TANKS, Kaveri Plasto Containers Pvt Ltd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global HDPE Storage Tanks Market Report Segments:
The global HDPE Storage Tanks market is segmented on the basis of:
Types
Below 100 Cubic Meter, 100-200 Cubic Meter, Above 200 Cubic Meter
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Water and Wastewater Treatment, Chemicals, Oil and Gas, Pulp and Paper, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kshama Agro Industries
- Shivas Reinplast Company
- BINDICA POLY PLAST-
- Jaibhavani Engineering
- Park Plastic Products
- Tank Holdings Corp.
- West Coast Poly
- RotoTank
- Industrial Poly Tanks and Vessels
- Omkar Composites Pvt Ltd.
- SABARI PLASTIC PVT.LTD
- Wydale Plastics Limited
- Zeebest Plastics
- SPIRAL TANKS
- EIKON PLASTIC TANKS
- Kaveri Plasto Containers Pvt Ltd
Highlights of The HDPE Storage Tanks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Below 100 Cubic Meter
- 100-200 Cubic Meter
- Above 200 Cubic Meter
- By Application:
- Water and Wastewater Treatment
- Chemicals
- Oil and Gas
- Pulp and Paper
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the HDPE Storage Tanks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
HDPE storage tanks are made from high-density polyethylene and are often used to store water, oil, or other liquids. They are typically cylindrical in shape and have a diameter of around one meter.
Some of the major companies in the hdpe storage tanks market are Kshama Agro Industries, Shivas Reinplast Company, BINDICA POLY PLAST-, Jaibhavani Engineering, Park Plastic Products, Tank Holdings Corp., West Coast Poly, RotoTank, Industrial Poly Tanks and Vessels, Omkar Composites Pvt Ltd., SABARI PLASTIC PVT.LTD, Wydale Plastics Limited, Zeebest Plastics, SPIRAL TANKS, EIKON PLASTIC TANKS, Kaveri Plasto Containers Pvt Ltd.
The hdpe storage tanks market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 HDPE Storage Tanks Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 HDPE Storage Tanks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 HDPE Storage Tanks Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the HDPE Storage Tanks Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global HDPE Storage Tanks Market Size & Forecast, 2018-2028
4.5.1 HDPE Storage Tanks Market Size and Y-o-Y Growth
4.5.2 HDPE Storage Tanks Market Absolute $ Opportunity
Chapter 5 Global HDPE Storage Tanks Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 HDPE Storage Tanks Market Size Forecast by Type
5.2.1 Below 100 Cubic Meter
5.2.2 100-200 Cubic Meter
5.2.3 Above 200 Cubic Meter
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global HDPE Storage Tanks Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 HDPE Storage Tanks Market Size Forecast by Applications
6.2.1 Water and Wastewater Treatment
6.2.2 Chemicals
6.2.3 Oil and Gas
6.2.4 Pulp and Paper
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global HDPE Storage Tanks Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 HDPE Storage Tanks Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America HDPE Storage Tanks Analysis and Forecast
9.1 Introduction
9.2 North America HDPE Storage Tanks Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America HDPE Storage Tanks Market Size Forecast by Type
9.6.1 Below 100 Cubic Meter
9.6.2 100-200 Cubic Meter
9.6.3 Above 200 Cubic Meter
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America HDPE Storage Tanks Market Size Forecast by Applications
9.10.1 Water and Wastewater Treatment
9.10.2 Chemicals
9.10.3 Oil and Gas
9.10.4 Pulp and Paper
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe HDPE Storage Tanks Analysis and Forecast
10.1 Introduction
10.2 Europe HDPE Storage Tanks Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe HDPE Storage Tanks Market Size Forecast by Type
10.6.1 Below 100 Cubic Meter
10.6.2 100-200 Cubic Meter
10.6.3 Above 200 Cubic Meter
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe HDPE Storage Tanks Market Size Forecast by Applications
10.10.1 Water and Wastewater Treatment
10.10.2 Chemicals
10.10.3 Oil and Gas
10.10.4 Pulp and Paper
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific HDPE Storage Tanks Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific HDPE Storage Tanks Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific HDPE Storage Tanks Market Size Forecast by Type
11.6.1 Below 100 Cubic Meter
11.6.2 100-200 Cubic Meter
11.6.3 Above 200 Cubic Meter
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific HDPE Storage Tanks Market Size Forecast by Applications
11.10.1 Water and Wastewater Treatment
11.10.2 Chemicals
11.10.3 Oil and Gas
11.10.4 Pulp and Paper
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America HDPE Storage Tanks Analysis and Forecast
12.1 Introduction
12.2 Latin America HDPE Storage Tanks Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America HDPE Storage Tanks Market Size Forecast by Type
12.6.1 Below 100 Cubic Meter
12.6.2 100-200 Cubic Meter
12.6.3 Above 200 Cubic Meter
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America HDPE Storage Tanks Market Size Forecast by Applications
12.10.1 Water and Wastewater Treatment
12.10.2 Chemicals
12.10.3 Oil and Gas
12.10.4 Pulp and Paper
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) HDPE Storage Tanks Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) HDPE Storage Tanks Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) HDPE Storage Tanks Market Size Forecast by Type
13.6.1 Below 100 Cubic Meter
13.6.2 100-200 Cubic Meter
13.6.3 Above 200 Cubic Meter
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) HDPE Storage Tanks Market Size Forecast by Applications
13.10.1 Water and Wastewater Treatment
13.10.2 Chemicals
13.10.3 Oil and Gas
13.10.4 Pulp and Paper
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 HDPE Storage Tanks Market: Competitive Dashboard
14.2 Global HDPE Storage Tanks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kshama Agro Industries
14.3.2 Shivas Reinplast Company
14.3.3 BINDICA POLY PLAST-
14.3.4 Jaibhavani Engineering
14.3.5 Park Plastic Products
14.3.6 Tank Holdings Corp.
14.3.7 West Coast Poly
14.3.8 RotoTank
14.3.9 Industrial Poly Tanks and Vessels
14.3.10 Omkar Composites Pvt Ltd.
14.3.11 SABARI PLASTIC PVT.LTD
14.3.12 Wydale Plastics Limited
14.3.13 Zeebest Plastics
14.3.14 SPIRAL TANKS
14.3.15 EIKON PLASTIC TANKS
14.3.16 Kaveri Plasto Containers Pvt Ltd
