Market Overview:
The global metal water tanks market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for metal water tanks from various end-use industries, such as agricultural, oil and gas, water and waste water treatment, and others. In terms of type, the < 800 gallons segment is projected to lead the global metal water tanks market during the forecast period due to its low price point and easy installation process. However, in terms of revenue share contribution, the > 3000 gallons segment is expected to dominate the global metal water tanks market by 2030 owing to its high capacity and growing demand from various end-use industries.
Product Definition:
A metal water tank is a container used to store water. Metal tanks are often made of galvanized steel, which is resistant to corrosion. This makes them ideal for storing potable (drinkable) water or rainwater.
< 800 Gallons:
800 gallons is the capacity of a water storage tank. It can hold around 20000 gallons or more than enough water for a family of 4 to stay hydrated for at least 3 months. The average daily requirement of water for human consumption is about 2 liters, out which, about 1 liter is used directly by the body and rest are used indirectly through food etc.
The global population has been rapidly growing over the past few decades.
800-2000 Gallons:
800-2000 Gallons is the range of water capacity that a standard 55 gallon drum can hold. It is used to measure the volume of liquid waste that can be disposed off safely and legally by municipal industries, businesses, homes or individuals. The 800-2000 Gallons range has been established as a standard measurement for determining if an object may float or sink in water and also serves as a basis for setting limits on how much waste any given container can hold.
Application Insights:
The oil and gas segment dominated the global metal water tanks market in 2017, accounting for over 24.0% of the overall revenue share. The growth can be attributed to increasing demand for petroleum products across the globe, particularly in emerging economies such as China and India. Petroleum refineries require large volumes of fresh water during processing operations which are sourced from surrounding communities through municipal or private wells. This has resulted in increased demand for MWT across various industries including oil and gas, power generation, agricultural irrigation etc., globally thereby fueling growth of global metal water tanks market during recent years.
Regional Analysis:
Asia Pacific dominated the global metal water tanks market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in 2017 owing to increasing oil and gas activities, coupled with growing population, especially in China and India. In addition, rising awareness regarding energy conservation is anticipated to drive demand for HVAC systems that consume large amounts of water.
The Asia Pacific was followed by North America which accounted for a share of more than 20%in 2017 owing to high product penetration levels across U.S.
Growth Factors:
- Increasing demand from the agricultural sector for irrigation purposes
- Growing popularity of metal water tanks among homeowners due to their durability and aesthetic appeal
- Rising awareness about the benefits of using metal water tanks, especially in terms of storage capacity and temperature control
- Government initiatives aimed at promoting the use of metal water tanks in rural areas as a means to improve access to clean drinking water 5. Technological advancements that have led to the development of more efficient and durable metal water tanks
Scope Of The Report
Report Attributes
Report Details
Report Title
Metal Water Tanks Market Research Report
By Type
< 800 Gallons, 800-2000 Gallons, 2000-3000 Gallons, > 3000 Gallons
By Application
Agricultural, Oil and Gas, Water and Waste Water Treatment, Others
By Companies
CST Industries, Tank Holding, Steelcore tank, Hendic, UIG, Tank Connection, BUWATEC, SBS Tank, Florida Aquastore, Schumann Tank
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
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Metal Water Tanks Market Report Segments:
The global Metal Water Tanks market is segmented on the basis of:
Types
< 800 Gallons, 800-2000 Gallons, 2000-3000 Gallons, > 3000 Gallons
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
Agricultural, Oil and Gas, Water and Waste Water Treatment, 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:
- CST Industries
- Tank Holding
- Steelcore tank
- Hendic
- UIG
- Tank Connection
- BUWATEC
- SBS Tank
- Florida Aquastore
- Schumann Tank
Highlights of The Metal Water 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:
- < 800 Gallons
- 800-2000 Gallons
- 2000-3000 Gallons
- > 3000 Gallons
- By Application:
- Agricultural
- Oil and Gas
- Water and Waste Water Treatment
- 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 Metal Water 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Metal water tanks are made of a durable metal such as steel, aluminum, or copper. They are typically taller and wider than traditional plastic water tanks, which makes them more efficient at storing and distributing water. Metal tanks also tend to be less likely to corrode or rust over time, making them a more long-lasting option for your home's water needs.
Some of the major companies in the metal water tanks market are CST Industries, Tank Holding, Steelcore tank, Hendic, UIG, Tank Connection, BUWATEC, SBS Tank, Florida Aquastore, Schumann Tank.
The metal water 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 Metal Water 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 Metal Water Tanks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Metal Water 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 Metal Water 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 Metal Water Tanks Market Size & Forecast, 2018-2028
4.5.1 Metal Water Tanks Market Size and Y-o-Y Growth
4.5.2 Metal Water Tanks Market Absolute $ Opportunity
Chapter 5 Global Metal Water 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 Metal Water Tanks Market Size Forecast by Type
5.2.1 < 800 Gallons
5.2.2 800-2000 Gallons
5.2.3 2000-3000 Gallons
5.2.4 > 3000 Gallons
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Metal Water 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 Metal Water Tanks Market Size Forecast by Applications
6.2.1 Agricultural
6.2.2 Oil and Gas
6.2.3 Water and Waste Water Treatment
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Metal Water 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 Metal Water 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 Metal Water Tanks Analysis and Forecast
9.1 Introduction
9.2 North America Metal Water 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 Metal Water Tanks Market Size Forecast by Type
9.6.1 < 800 Gallons
9.6.2 800-2000 Gallons
9.6.3 2000-3000 Gallons
9.6.4 > 3000 Gallons
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 Metal Water Tanks Market Size Forecast by Applications
9.10.1 Agricultural
9.10.2 Oil and Gas
9.10.3 Water and Waste Water Treatment
9.10.4 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 Metal Water Tanks Analysis and Forecast
10.1 Introduction
10.2 Europe Metal Water 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 Metal Water Tanks Market Size Forecast by Type
10.6.1 < 800 Gallons
10.6.2 800-2000 Gallons
10.6.3 2000-3000 Gallons
10.6.4 > 3000 Gallons
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 Metal Water Tanks Market Size Forecast by Applications
10.10.1 Agricultural
10.10.2 Oil and Gas
10.10.3 Water and Waste Water Treatment
10.10.4 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 Metal Water Tanks Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Metal Water 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 Metal Water Tanks Market Size Forecast by Type
11.6.1 < 800 Gallons
11.6.2 800-2000 Gallons
11.6.3 2000-3000 Gallons
11.6.4 > 3000 Gallons
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 Metal Water Tanks Market Size Forecast by Applications
11.10.1 Agricultural
11.10.2 Oil and Gas
11.10.3 Water and Waste Water Treatment
11.10.4 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 Metal Water Tanks Analysis and Forecast
12.1 Introduction
12.2 Latin America Metal Water 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 Metal Water Tanks Market Size Forecast by Type
12.6.1 < 800 Gallons
12.6.2 800-2000 Gallons
12.6.3 2000-3000 Gallons
12.6.4 > 3000 Gallons
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 Metal Water Tanks Market Size Forecast by Applications
12.10.1 Agricultural
12.10.2 Oil and Gas
12.10.3 Water and Waste Water Treatment
12.10.4 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) Metal Water Tanks Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Metal Water 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) Metal Water Tanks Market Size Forecast by Type
13.6.1 < 800 Gallons
13.6.2 800-2000 Gallons
13.6.3 2000-3000 Gallons
13.6.4 > 3000 Gallons
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) Metal Water Tanks Market Size Forecast by Applications
13.10.1 Agricultural
13.10.2 Oil and Gas
13.10.3 Water and Waste Water Treatment
13.10.4 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 Metal Water Tanks Market: Competitive Dashboard
14.2 Global Metal Water Tanks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CST Industries
14.3.2 Tank Holding
14.3.3 Steelcore tank
14.3.4 Hendic
14.3.5 UIG
14.3.6 Tank Connection
14.3.7 BUWATEC
14.3.8 SBS Tank
14.3.9 Florida Aquastore
14.3.10 Schumann Tank
