Market Overview:
The global municipal water storage system 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 potable water and rising concerns over water security. In addition, the growing awareness about rainwater harvesting and collection is also propelling the growth of this market. The municipal water storage system market can be segmented on the basis of type into steel, plastic, fiberglass, and others. The plastic segment is expected to grow at a higher CAGR during the forecast period as compared to other segments owing to its properties such as durability, light weight, and corrosion resistance. On the basis of application, this market can be divided into rainwater harvesting and collection, fire suppression reserve and storage, on-site water and wastewater collection systems hydraulic fracture storage ad collection systems), potable water storage systems,, among others).
Product Definition:
A municipal water storage system is a collection of tanks and reservoirs used to store water for public use. The importance of a municipal water storage system is twofold: it ensures an adequate supply of clean drinking water for the community and it also helps to regulate the flow of water into the distribution system.
Steel:
Steel is a key material used in the construction of water tanks. It provides strength and durability to these storage systems. The growth factor for steel in the market is its ability to be recycled, re-used and replaced when it gets old or damaged, thus reducing wastage which further reduces overall cost associated with water storage system.
The global municipal water storage system industry was valued at USD 21 billion in 2015.
Plastic:
Plastic is a non-renewable resource that has been used extensively in the manufacturing of water storage systems. It is widely used due to its properties such as lightweight, durability, and flexibility. Plastic provides ease in product designing and offers high resistance towards chemical reactions with water.
Application Insights:
On-site water and wastewater collection, fire suppression reserve and storage, rainwater harvesting and collection, hydraulic fracture storage ad collection are some of the applications municipal water storage systems find application. On-site wastewater treatment is one of the essential components in a city's infrastructure as it helps in reducing the discharge from industrial sources before sending it to sewage plants through drainage systems. It also helps prevent pollution by disposing off any excess sludge from various processes including paper manufacturing, chemical plants along with providing potable or freshwater for human consumption.
The on-site water & wastewater segment accounted for over 40% of market share in 2017 owing to its wide scope across numerous applications such as fire protection services during emergencies along with regularity maintenance activities required to keep these facilities operational at all times.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The region has been witnessing heavy rainfall which has resulted in waterlogging and flooding. In an attempt to contain such incidents, many cities have started building large underground water storage tanks for use during peak demand periods. This trend is expected to continue over the next few years, thereby driving demand for such systems in this region.
The Middle East & Africa was one of the largest markets with respect to volume as well as revenue generation owing largely on oil & gas industry that provides a stable source of income across countries including Saudi Arabia and UAE’s need for massive amounts of water during drilling operations coupled with shale boom in countries including Israel.
North America held a significant share owing mainly on U.S.
Growth Factors:
- Increasing population and their demand for water: The global population is increasing at a rapid pace. This is resulting in an increase in the demand for water, which in turn is driving the growth of the municipal water storage system market.
- Rapid urbanization: There has been a rapid urbanization across the globe in recent years. This has led to an increase in the number of cities and towns, which are facing problems related to water supply and sanitation. As a result, there is an increased demand for municipal water storage systems to meet these needs.
- Growing awareness about efficient use of resources: There has been a growing awareness among people about efficient use of resources, including water resources. This is leading to governments and municipalities investing more in municipal water storage systems that can help store excess rainwater or wastewater until it can be used efficiently without causing any damage to the environment or public health hazards..
Scope Of The Report
Report Attributes
Report Details
Report Title
Municipal Water Storage System Market Research Report
By Type
Steel, Plastic, Fiberglass, Others
By Application
Rainwater Harvesting and Collection, Fire Suppression Reserve and Storage, On-site Water and Wastewater Collection, Hydraulic Fracture Storage ad Collection, Potable Water Storage System, Others
By Companies
CST Industries, McDermott International, Containment Solutions, DN Tanks, Caldwell Tanks, Synalloy Corporation
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
162
Number of Tables & Figures
114
Customization Available
Yes, the report can be customized as per your need.
Global Municipal Water Storage System Market Report Segments:
The global Municipal Water Storage System market is segmented on the basis of:
Types
Steel, Plastic, Fiberglass, Others
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
Rainwater Harvesting and Collection, Fire Suppression Reserve and Storage, On-site Water and Wastewater Collection, Hydraulic Fracture Storage ad Collection, Potable Water Storage System, 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
- McDermott International
- Containment Solutions
- DN Tanks
- Caldwell Tanks
- Synalloy Corporation
Highlights of The Municipal Water Storage System 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:
- Steel
- Plastic
- Fiberglass
- Others
- By Application:
- Rainwater Harvesting and Collection
- Fire Suppression Reserve and Storage
- On-site Water and Wastewater Collection
- Hydraulic Fracture Storage ad Collection
- Potable Water Storage System
- 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 Municipal Water Storage System 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?
A municipal water storage system is a large reservoir or tanks that stores water for use by a municipality.
Some of the major companies in the municipal water storage system market are CST Industries, McDermott International, Containment Solutions, DN Tanks, Caldwell Tanks, Synalloy Corporation.
The municipal water storage system market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Municipal Water Storage System 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 Municipal Water Storage System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Municipal Water Storage System 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 Municipal Water Storage System 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 Municipal Water Storage System Market Size & Forecast, 2020-2028
4.5.1 Municipal Water Storage System Market Size and Y-o-Y Growth
4.5.2 Municipal Water Storage System Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Steel
5.2.2 Plastic
5.2.3 Fiberglass
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Rainwater Harvesting and Collection
6.2.2 Fire Suppression Reserve and Storage
6.2.3 On-site Water and Wastewater Collection
6.2.4 Hydraulic Fracture Storage ad Collection
6.2.5 Potable Water Storage System
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Municipal Water Storage System 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 Municipal Water Storage System 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Steel
9.6.2 Plastic
9.6.3 Fiberglass
9.6.4 Others
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 Market Size Forecast by Applications
9.10.1 Rainwater Harvesting and Collection
9.10.2 Fire Suppression Reserve and Storage
9.10.3 On-site Water and Wastewater Collection
9.10.4 Hydraulic Fracture Storage ad Collection
9.10.5 Potable Water Storage System
9.10.6 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Steel
10.6.2 Plastic
10.6.3 Fiberglass
10.6.4 Others
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 Market Size Forecast by Applications
10.10.1 Rainwater Harvesting and Collection
10.10.2 Fire Suppression Reserve and Storage
10.10.3 On-site Water and Wastewater Collection
10.10.4 Hydraulic Fracture Storage ad Collection
10.10.5 Potable Water Storage System
10.10.6 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Steel
11.6.2 Plastic
11.6.3 Fiberglass
11.6.4 Others
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 Market Size Forecast by Applications
11.10.1 Rainwater Harvesting and Collection
11.10.2 Fire Suppression Reserve and Storage
11.10.3 On-site Water and Wastewater Collection
11.10.4 Hydraulic Fracture Storage ad Collection
11.10.5 Potable Water Storage System
11.10.6 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Steel
12.6.2 Plastic
12.6.3 Fiberglass
12.6.4 Others
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 Market Size Forecast by Applications
12.10.1 Rainwater Harvesting and Collection
12.10.2 Fire Suppression Reserve and Storage
12.10.3 On-site Water and Wastewater Collection
12.10.4 Hydraulic Fracture Storage ad Collection
12.10.5 Potable Water Storage System
12.10.6 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Steel
13.6.2 Plastic
13.6.3 Fiberglass
13.6.4 Others
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) Market Size Forecast by Applications
13.10.1 Rainwater Harvesting and Collection
13.10.2 Fire Suppression Reserve and Storage
13.10.3 On-site Water and Wastewater Collection
13.10.4 Hydraulic Fracture Storage ad Collection
13.10.5 Potable Water Storage System
13.10.6 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 Municipal Water Storage System Market: Competitive Dashboard
14.2 Global Municipal Water Storage System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CST Industries
14.3.2 McDermott International
14.3.3 Containment Solutions
14.3.4 DN Tanks
14.3.5 Caldwell Tanks
14.3.6 Synalloy Corporation
