Market Overview:
The global non-metallic chemical storage tank market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for non-metallic chemical storage tanks from various end-use industries, such as wastewater treatment, fuel and oil, and other applications. In terms of type, the plastic storage tank segment is projected to lead the global non-metallic chemical storage tank market during the forecast period. This can be attributed to its properties such as corrosion resistance and lightweight. In terms of application, the wastewater treatment segment is projected to lead the global non-metallic chemical storage tank market during the forecast period.
Product Definition:
A non-metallic chemical storage tank is a container made from a material that does not corrode or react with the stored chemicals. This type of tank is important because it can be used to store corrosive and reactive chemicals without causing damage to the tank.
Plastic Storage Tank:
Plastic storage tanks are used to store non-metallic chemicals. These tanks are made of plastic and have a capacity of holding approximately 1,000 gallons. They can be used in various industries including agriculture, manufacturing, construction and chemical among others. The demand for these products is expected to witness significant growth over the forecast period owing to their cost effectiveness as compared to metal containers which increases the overall profit margin for the industry participants.
Ceramic Storage Tank:
Ceramic storage tank is made of ceramic material and it's used for the storage of non-metallic chemicals. These tanks are suitable for storing flammable, corrosive or aggressive liquids and gases. They have properties such as low thermal expansion, high compressive strength, excellent mechanical resistance to corrosion & thermal shock and good electrical insulation.
Application Insights:
The other application segment includes food and beverages, wastewater treatment, industrial cleaning products and others. The demand for the product in this segment is expected to be driven by rising applications in wastewater treatment. In addition, favorable government regulations on the use of chemical storage tanks are projected to drive growth over the forecast period.
Non-metallic chemical storage tanks are used for a variety of purposes including transportation & distribution of chemicals; filling & dispensing; temperature maintenance; pressure maintenance & control; filtration services such as oil/gas/chemical filter service or water/chemical filter service (including activated carbon); emergency services such as fire protection or leakage detection among others. Storage tankers used for these purposes have varying types according to their specific requirements which include butyl rubber bladder tankers, aluminum alloy trucks with plastic liners, fiberglass composite trucks with steel frames and ceramic insulation between layers which provides heat resistance along with excellent durability required for long-distance transports across various climate zones around the globe.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid urbanization, which has resulted in an increasing demand for construction materials. In addition, rising industrial output coupled with growing population is likely to drive product demand over the coming years.
The presence of a large number of chemical manufacturers coupled with stringent regulations regarding environmental protection by various regulatory bodies such as EPA and DBEH are expected to drive product demand in Europe during the forecast period. In addition, strict implementation of EU directives pertaining to wastewater treatment is anticipated to propel industry growth over the next eight years.
North America accounted for a significant share owing to high consumption volumes generated from municipal & industrial wastewater treatment applications across U.S.
Growth Factors:
- Increasing demand for non-metallic chemical storage tanks from the end-use industries, owing to the growing need for storage of hazardous and flammable chemicals
- Rising investments in research and development activities by tank manufacturers to develop new and innovative products that meet the specific requirements of various end-use industries
- Growing popularity of composite tanks made from fiberglass, polyethylene, or polypropylene over traditional metallic tanks due to their high strength-to-weight ratio and corrosion resistance
- Proliferation of small and medium scale enterprises (SMEs) in developing countries that are increasingly adopting non-metallic chemical storage tanks as a cost effective solution for their storage needs
- Technological advancements that have led to the development of smart tank systems with advanced features such as remote monitoring and data logging
Scope Of The Report
Report Attributes
Report Details
Report Title
Non-Metallic Chemical Storage Tank Market Research Report
By Type
Plastic Storage Tank, Ceramic Storage Tank, Fiberglass Storage Tank
By Application
Ordinary Chemical, Fuel and Oil, Wastewater, Other
By Companies
CST, ZCL Composites, Snyder Industrial Tanks, BELCO, Poly Processing, Containment Solutions, Synalloy(Palmer), Highland Tank, L.F. Manufacturing, Red Ewald, CST, Holvrieka, Enduro, Polymaster, Assmann, Tuffa
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Non-Metallic Chemical Storage Tank Market Report Segments:
The global Non-Metallic Chemical Storage Tank market is segmented on the basis of:
Types
Plastic Storage Tank, Ceramic Storage Tank, Fiberglass Storage Tank
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
Ordinary Chemical, Fuel and Oil, Wastewater, Other
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
- ZCL Composites
- Snyder Industrial Tanks
- BELCO
- Poly Processing
- Containment Solutions
- Synalloy(Palmer)
- Highland Tank
- L.F. Manufacturing
- Red Ewald
- CST
- Holvrieka
- Enduro
- Polymaster
- Assmann
- Tuffa
Highlights of The Non-Metallic Chemical Storage Tank 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:
- Plastic Storage Tank
- Ceramic Storage Tank
- Fiberglass Storage Tank
- By Application:
- Ordinary Chemical
- Fuel and Oil
- Wastewater
- Other
- 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 Non-Metallic Chemical Storage Tank 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
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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 non-metallic chemical storage tank is a type of storage tank made from a material other than metal. Non-metallic tanks are often used for storing chemicals that are sensitive to corrosion, such as acids and bases.
Some of the major players in the non-metallic chemical storage tank market are CST, ZCL Composites, Snyder Industrial Tanks, BELCO, Poly Processing, Containment Solutions, Synalloy(Palmer), Highland Tank, L.F. Manufacturing, Red Ewald, CST, Holvrieka, Enduro, Polymaster, Assmann, Tuffa.
The non-metallic chemical storage tank 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 Non-Metallic Chemical Storage Tank 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 Non-Metallic Chemical Storage Tank Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Non-Metallic Chemical Storage Tank 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 Non-Metallic Chemical Storage Tank 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 Non-Metallic Chemical Storage Tank Market Size & Forecast, 2020-2028
4.5.1 Non-Metallic Chemical Storage Tank Market Size and Y-o-Y Growth
4.5.2 Non-Metallic Chemical Storage Tank 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 Plastic Storage Tank
5.2.2 Ceramic Storage Tank
5.2.3 Fiberglass Storage Tank
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 Ordinary Chemical
6.2.2 Fuel and Oil
6.2.3 Wastewater
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Non-Metallic Chemical Storage Tank 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 Non-Metallic Chemical Storage Tank 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 Plastic Storage Tank
9.6.2 Ceramic Storage Tank
9.6.3 Fiberglass Storage Tank
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 Ordinary Chemical
9.10.2 Fuel and Oil
9.10.3 Wastewater
9.10.4 Other
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 Plastic Storage Tank
10.6.2 Ceramic Storage Tank
10.6.3 Fiberglass Storage Tank
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 Ordinary Chemical
10.10.2 Fuel and Oil
10.10.3 Wastewater
10.10.4 Other
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 Plastic Storage Tank
11.6.2 Ceramic Storage Tank
11.6.3 Fiberglass Storage Tank
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 Ordinary Chemical
11.10.2 Fuel and Oil
11.10.3 Wastewater
11.10.4 Other
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 Plastic Storage Tank
12.6.2 Ceramic Storage Tank
12.6.3 Fiberglass Storage Tank
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 Ordinary Chemical
12.10.2 Fuel and Oil
12.10.3 Wastewater
12.10.4 Other
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 Plastic Storage Tank
13.6.2 Ceramic Storage Tank
13.6.3 Fiberglass Storage Tank
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 Ordinary Chemical
13.10.2 Fuel and Oil
13.10.3 Wastewater
13.10.4 Other
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 Non-Metallic Chemical Storage Tank Market: Competitive Dashboard
14.2 Global Non-Metallic Chemical Storage Tank Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CST
14.3.2 ZCL Composites
14.3.3 Snyder Industrial Tanks
14.3.4 BELCO
14.3.5 Poly Processing
14.3.6 Containment Solutions
14.3.7 Synalloy(Palmer)
14.3.8 Highland Tank
14.3.9 L.F. Manufacturing
14.3.10 Red Ewald
14.3.11 CST
14.3.12 Holvrieka
14.3.13 Enduro
14.3.14 Polymaster
14.3.15 Assmann
14.3.16 Tuffa
