Market Overview:
The global plastic water storage systems 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 potable water, rising awareness about water conservation, and growing investments in municipal infrastructure projects. The polyethylene segment is expected to dominate the global plastic water storage systems market during the forecast period, owing to its low cost and high durability. However, the fiber glass segment is projected to grow at a higher CAGR than other segments during the forecast period due its superior properties such as resistance against corrosion and weathering. In terms of application, commercial applications are expected to account for a major share of the global plastic water storage systems market during the forecast period.
Product Definition:
A plastic water storage system is a container used to store potable water. These containers are typically made of high-density polyethylene (HDPE) and are designed to be lightweight, durable, and easy to transport. They can also be easily assembled and disassembled for cleaning or relocation.
Plastic water storage systems are an important tool for disaster relief efforts and other emergency situations where access to clean drinking water is limited or unavailable. They can also be used in recreational settings, such as camping or fishing, to store fresh drinking water.
Polyethylene:
Polyethylene is a widely used polymer in the plastic industry. It is a soft and lightweight material, which offers excellent chemical & temperature resistance properties. PE can be recycled many times without any loss of quality or strength. It has high recycling rate compared to other plastics such as polypropylene and polystyrene, which makes it suitable for water storage systems market application.
PE has good impact strength.
Fiber Glass:
Fiberglass is a type of glass that is made up of sand, along with other materials such as lime, sodium carbonate and soda. When molten, it forms a network throughout the entire mold. It has high thermal conductivity and low heat capacity which allows it to be used in applications where heat transfer is important.
Application Insights:
The commercial application segment accounted for the largest share of more than 60.0% in 2017. The growing construction and infrastructure sector, particularly across the emerging economies including China, India and Brazil is expected to remain a key factor driving demand over the forecast period.
In addition, favorable government policies related to water storage are also anticipated to drive industry growth over the forecast period in various regions including Asia Pacific and Middle East & Africa. For instance, Saudi Arabia has announced plans for developing large-scale plastic water storage facilities that will be used by both domestic as well as industrial consumers. Such initiatives by governments are likely to result in increased spending on new capacity development which is further likely to fuel industry expansion over the coming years (see table below).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of a large number of plastic water storage system manufacturers coupled with growing demand for these products from residential, commercial, and industrial sectors is anticipated to drive growth in this region.
The increasing population coupled with rising urbanization has resulted in increased demand for water-based infrastructure across Asia Pacific countries such as India, China, Japan, Australia among others. This factor is projected to fuel product demand over the forecast period. In addition, favorable government regulations aimed at encouraging investments through FDI are projected to provide further impetus to regional market growth during the same period.
North America accounted for a significant share owing to early adoption by U.S.
Growth Factors:
- Increasing demand from end-use industries: The global plastic water storage systems market is witnessing a significant growth due to the increasing demand from various end-use industries such as food and beverage, pharmaceuticals, and cosmetics.
- Growing awareness about hygiene and sanitation: There is a growing awareness among people about the importance of hygiene and sanitation, which is driving the demand for plastic water storage systems globally.
- Technological advancements: The global plastic water storage systems market is witnessing rapid technological advancements that are helping manufacturers to offer innovative products with better features to consumers. This is aiding in the overall growth of the market.
- Rising disposable income levels: With rising disposable income levels, consumers are increasingly spending on luxury items such as plastic water storage systems, thereby propelling the growth of this market globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Plastic Water Storage Systems Market Research Report
By Type
Polyethylene, Fiber Glass, Others
By Application
Commercial, Residential, Municipal, Industrial
By Companies
Sintex Industries Ltd, Niplast Storage Tanks, American Tank Co., Inc., Protank (USA), GHP Manufacturing Pty Ltd, Karplas Composite Plastic Fiberglass Co., Emiliana Serbatoi S.r.l., Cotterill Civils Ltd., Carbery Plastics Limited, Plastic Proget European (PPE) S.r.l., Enduramaxx Limited, Al Bassam International Factories L.L.C., Nova Plastic Industries L.L.C.
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Plastic Water Storage Systems Market Report Segments:
The global Plastic Water Storage Systems market is segmented on the basis of:
Types
Polyethylene, Fiber Glass, 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
Commercial, Residential, Municipal, Industrial
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:
- Sintex Industries Ltd
- Niplast Storage Tanks
- American Tank Co., Inc.
- Protank (USA)
- GHP Manufacturing Pty Ltd
- Karplas Composite Plastic Fiberglass Co.
- Emiliana Serbatoi S.r.l.
- Cotterill Civils Ltd.
- Carbery Plastics Limited
- Plastic Proget European (PPE) S.r.l.
- Enduramaxx Limited
- Al Bassam International Factories L.L.C.
- Nova Plastic Industries L.L.C.
Highlights of The Plastic Water Storage Systems 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:
- Polyethylene
- Fiber Glass
- Others
- By Application:
- Commercial
- Residential
- Municipal
- Industrial
- 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 Plastic Water Storage Systems 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 plastic water storage system is a type of water storage container that is made from plastic. These containers are often used to store drinking water, and they can be filled with either tap or bottled water.
Some of the key players operating in the plastic water storage systems market are Sintex Industries Ltd, Niplast Storage Tanks, American Tank Co., Inc., Protank (USA), GHP Manufacturing Pty Ltd, Karplas Composite Plastic Fiberglass Co., Emiliana Serbatoi S.r.l., Cotterill Civils Ltd., Carbery Plastics Limited, Plastic Proget European (PPE) S.r.l., Enduramaxx Limited, Al Bassam International Factories L.L.C., Nova Plastic Industries L.L.C..
The plastic water storage systems market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Plastic Water Storage Systems Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Plastic Water Storage Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Plastic Water Storage Systems Market - Supply Chain
4.5. Global Plastic Water Storage Systems Market Forecast
4.5.1. Plastic Water Storage Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Plastic Water Storage Systems Market Size (000 Units) and Y-o-Y Growth
4.5.3. Plastic Water Storage Systems Market Absolute $ Opportunity
5. Global Plastic Water Storage Systems Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Plastic Water Storage Systems Market Size and Volume Forecast by Type
5.3.1. Polyethylene
5.3.2. Fiber Glass
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Plastic Water Storage Systems Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Plastic Water Storage Systems Market Size and Volume Forecast by Application
6.3.1. Commercial
6.3.2. Residential
6.3.3. Municipal
6.3.4. Industrial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Plastic Water Storage Systems Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Plastic Water Storage Systems Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Plastic Water Storage Systems Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Plastic Water Storage Systems Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Plastic Water Storage Systems Demand Share Forecast, 2019-2026
9. North America Plastic Water Storage Systems Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Plastic Water Storage Systems Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Plastic Water Storage Systems Market Size and Volume Forecast by Application
9.4.1. Commercial
9.4.2. Residential
9.4.3. Municipal
9.4.4. Industrial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Plastic Water Storage Systems Market Size and Volume Forecast by Type
9.7.1. Polyethylene
9.7.2. Fiber Glass
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Plastic Water Storage Systems Demand Share Forecast, 2019-2026
10. Latin America Plastic Water Storage Systems Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Plastic Water Storage Systems Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Plastic Water Storage Systems Market Size and Volume Forecast by Application
10.4.1. Commercial
10.4.2. Residential
10.4.3. Municipal
10.4.4. Industrial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Plastic Water Storage Systems Market Size and Volume Forecast by Type
10.7.1. Polyethylene
10.7.2. Fiber Glass
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Plastic Water Storage Systems Demand Share Forecast, 2019-2026
11. Europe Plastic Water Storage Systems Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Plastic Water Storage Systems Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Plastic Water Storage Systems Market Size and Volume Forecast by Application
11.4.1. Commercial
11.4.2. Residential
11.4.3. Municipal
11.4.4. Industrial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Plastic Water Storage Systems Market Size and Volume Forecast by Type
11.7.1. Polyethylene
11.7.2. Fiber Glass
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Plastic Water Storage Systems Demand Share, 2019-2026
12. Asia Pacific Plastic Water Storage Systems Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Plastic Water Storage Systems Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Plastic Water Storage Systems Market Size and Volume Forecast by Application
12.4.1. Commercial
12.4.2. Residential
12.4.3. Municipal
12.4.4. Industrial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Plastic Water Storage Systems Market Size and Volume Forecast by Type
12.7.1. Polyethylene
12.7.2. Fiber Glass
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Plastic Water Storage Systems Demand Share, 2019-2026
13. Middle East & Africa Plastic Water Storage Systems Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Plastic Water Storage Systems Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Plastic Water Storage Systems Market Size and Volume Forecast by Application
13.4.1. Commercial
13.4.2. Residential
13.4.3. Municipal
13.4.4. Industrial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Plastic Water Storage Systems Market Size and Volume Forecast by Type
13.7.1. Polyethylene
13.7.2. Fiber Glass
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Plastic Water Storage Systems Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Plastic Water Storage Systems Market: Market Share Analysis
14.2. Plastic Water Storage Systems Distributors and Customers
14.3. Plastic Water Storage Systems Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sintex Industries Ltd
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Niplast Storage Tanks
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. American Tank Co., Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Protank (USA)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. GHP Manufacturing Pty Ltd
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Karplas Composite Plastic Fiberglass Co.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Emiliana Serbatoi S.r.l.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Cotterill Civils Ltd.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Carbery Plastics Limited
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Plastic Proget European (PPE) S.r.l.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Enduramaxx Limited
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Al Bassam International Factories L.L.C.
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Nova Plastic Industries L.L.C.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook