Market Overview:
The global settling 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 water treatment and water supply engineering applications, and the growing industrial sector. In terms of type, the horizontal settling tank segment is expected to lead the global settling tank market during the forecast period. This can be attributed to its low installation cost and easy operation & maintenance.
Product Definition:
A settling tank is a chamber in which solids settle out of a liquid suspension. The tank may be horizontal or vertical, and the liquid may flow through it under gravity or be pumped in.
Horizontal Settling Tank:
Horizontal Settling Tank (HST) is a type of sedimentation tank used for the separation of solid from liquid or gaseous streams. The basic principle on which HST operates is based on the settling velocity, viscosity and density differences between two liquids or gases. These tanks are widely utilized in industries such as petrochemical, oil & gas and power generation where high quality products are required.
Vertical Settling Tank:
Vertical Settling Tank (VST) is a device used to separate liquid from solids in wastewater treatment plants. It is also known assettling tank, sometimes referred to as the clarifier or separator. The VST allows particles to settle so that the clear liquids can be collected at the bottom of the tank while solid particles rise towards the top ofthe tank due to their weight and density.
Application Insights:
The water treatment application segment led the global settling tank market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to growing demand for industrial wastewater treatment across various industries, such as food & beverage, chemical, pulp & paper and petroleum refining.
Settling tanks are used in water supply engineering applications for storage of raw or processed municipal or industrial water supplies that require sedimentation before they are discharged into the drainage system or freshwater lake/reservoirs. Growing urbanization along with increasing population and industrial activities have resulted in an increased demand for freshwater resources globally; this has driven governments to take numerous initiatives regarding conservation of freshwater resources including through proper planning, designing and management of infrastructure projects including reservoirs, dams etc., thereby boosting settling tanks market growth over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and urbanization in the region. In addition, increasing population coupled with rising demand for water resources is anticipated to drive the industry growth over the forecast period.
Europe was valued at USD X million in 2017 and is projected to witness steady growth over the forecast period owing to growing awareness regarding wastewater treatment processes along with stringent regulations by governing bodies such as EU Parliament and European Commission (EC). Moreover, presence of key players in countries including Germany, France, Italy etc will boost product penetration rate across Europe during the forecast period.
Growth Factors:
- Increasing demand for water treatment across the globe
- Rising need to settle and purify wastewater for reuse in various industrial sectors
- Growing popularity of membrane settling tanks among municipal and industrial wastewater treatment operators
- Proliferation of nanotechnology-based settling tank products and systems
- Emergence of smart settlement tanks with built-in sensors and controllers
Scope Of The Report
Report Attributes
Report Details
Report Title
Settling Tank Market Research Report
By Type
Horizontal Settling Tank, Vertical Settling Tank, Radial Flow Settling Tank, New Type Settling Tank
By Application
Water Treatment, Water Supply Engineering, Industrial, Drainage Engineering
By Companies
BakerCorp, BIOROCK, Duecinox, Environtec Ltd, Metso Corporation, TECNOFER, Toro Equipment, WPL Ltd, Tongguang Jiaoyi, F&M, Ao Feng
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 Settling Tank Market Report Segments:
The global Settling Tank market is segmented on the basis of:
Types
Horizontal Settling Tank, Vertical Settling Tank, Radial Flow Settling Tank, New Type Settling 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
Water Treatment, Water Supply Engineering, Industrial, Drainage Engineering
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:
- BakerCorp
- BIOROCK
- Duecinox
- Environtec Ltd
- Metso Corporation
- TECNOFER
- Toro Equipment
- WPL Ltd
- Tongguang Jiaoyi
- F&M
- Ao Feng
Highlights of The Settling 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:
- Horizontal Settling Tank
- Vertical Settling Tank
- Radial Flow Settling Tank
- New Type Settling Tank
- By Application:
- Water Treatment
- Water Supply Engineering
- Industrial
- Drainage Engineering
- 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 Settling 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
- 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?
A settling tank is a device used to settle liquids. It consists of a container with a sloping bottom and sides, and an outlet at the top. The liquid is poured into the tank until it reaches the level of the outlet. Gravity causes the liquid to flow down towards the outlet, where it collects in a basin or cup at its base.
Some of the key players operating in the settling tank market are BakerCorp, BIOROCK, Duecinox, Environtec Ltd, Metso Corporation, TECNOFER, Toro Equipment, WPL Ltd, Tongguang Jiaoyi, F&M, Ao Feng.
The settling tank 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 Settling 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 Settling Tank Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Settling 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 Settling 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 Settling Tank Market Size & Forecast, 2020-2028
4.5.1 Settling Tank Market Size and Y-o-Y Growth
4.5.2 Settling 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 Horizontal Settling Tank
5.2.2 Vertical Settling Tank
5.2.3 Radial Flow Settling Tank
5.2.4 New Type Settling 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 Water Treatment
6.2.2 Water Supply Engineering
6.2.3 Industrial
6.2.4 Drainage Engineering
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Settling 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 Settling 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 Horizontal Settling Tank
9.6.2 Vertical Settling Tank
9.6.3 Radial Flow Settling Tank
9.6.4 New Type Settling 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 Water Treatment
9.10.2 Water Supply Engineering
9.10.3 Industrial
9.10.4 Drainage Engineering
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 Horizontal Settling Tank
10.6.2 Vertical Settling Tank
10.6.3 Radial Flow Settling Tank
10.6.4 New Type Settling 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 Water Treatment
10.10.2 Water Supply Engineering
10.10.3 Industrial
10.10.4 Drainage Engineering
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 Horizontal Settling Tank
11.6.2 Vertical Settling Tank
11.6.3 Radial Flow Settling Tank
11.6.4 New Type Settling 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 Water Treatment
11.10.2 Water Supply Engineering
11.10.3 Industrial
11.10.4 Drainage Engineering
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 Horizontal Settling Tank
12.6.2 Vertical Settling Tank
12.6.3 Radial Flow Settling Tank
12.6.4 New Type Settling 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 Water Treatment
12.10.2 Water Supply Engineering
12.10.3 Industrial
12.10.4 Drainage Engineering
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 Horizontal Settling Tank
13.6.2 Vertical Settling Tank
13.6.3 Radial Flow Settling Tank
13.6.4 New Type Settling 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 Water Treatment
13.10.2 Water Supply Engineering
13.10.3 Industrial
13.10.4 Drainage Engineering
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 Settling Tank Market: Competitive Dashboard
14.2 Global Settling Tank Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BakerCorp
14.3.2 BIOROCK
14.3.3 Duecinox
14.3.4 Environtec Ltd
14.3.5 Metso Corporation
14.3.6 TECNOFER
14.3.7 Toro Equipment
14.3.8 WPL Ltd
14.3.9 Tongguang Jiaoyi
14.3.10 F&M
14.3.11 Ao Feng
