Water Storage Systems Market by Material (Steel, Fiberglass, Concrete, Plastic), Application, End Use (Residential, Commercial, Industrial, and Municipal), and Region (North America, Europe, APAC, MEA, South America) - Global Forecast to 2027
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Generating Response ...The global water storage systems market was valued at USD 16.5 billion in 2022 and is projected to reach USD 25.1 billion by 2027, growing at a cagr 8.7% from 2022 to 2027. The increased need for water storage systems in the rapidly expanding building and construction industry in residential, commercial, industrial, and municipal end users throughout the world is driving market expansion. This increase is ascribed, among other things, to rising water shortages, rapidly increasing population and urbanization, severe laws for water conservation and discharge, and changing climatic circumstances.
Attractive Opportunities in Water Storage Systems Market
Source: Interviews with Experts, Secondary Research, and MarketsandMarkets Analysis
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Market Dynamics
Driver: Rapid increasing population
According to a study published by the United Nations in June 2019, the global population is expected to increase to 9.7 billion by 2050 and could peak at over 11 billion by 2100. The growth is supported by changes in fertility rate and increasing urbanization. China and India are the two most populous countries in the world. The population of India is expected to surpass China by 2027. With 1,252 individuals per square kilometre, Bangladesh has the densest population—almost three times as many as India. According to the European Environment Agency, the EU-28 population will number 505 million now, rise to 510 million by 2030, then decline over the following decades to 465 million by 2100. Africa is anticipated to see more than half of the world's population growth between now and 2050. Among the major regions, Africa is experiencing the fastest population growth. Additionally, the population of sub-Saharan Africa is projected to double by 2050 (99% increase). Regions that may experience lower rates of population growth between 2019 and 2050 include Oceania excluding Australia/New Zealand (56%), Northern Africa and Western Asia (46%), Australia/New Zealand (28%), Central and Southern Asia (25%), Latin America and the Caribbean (18%), Eastern and South-eastern Asia (3%), and Europe and Northern America (2%).
Restraint:Fluctuation in raw material prices
Global steel prices are highly cyclic. Prices fluctuate every several years from peak to low. The most recent notable peaks in the price for common steel products, such as hot rolled coil (HRC) or reinforcing bar, occurred in August 2011, April 2018, and September 2021. Fitch Ratings predicted that prices would continue to decline, reaching USD 800 per ton in 2024 and USD 750 per ton in 2025 before further tumbling to USD 530 per ton in 2031. It is anticipated that a combination of slower Chinese steel consumption growth and increasing global steel market protectionism will loosen the market and increase output in impacted nations, lowering prices in the medium term. The disparity between secondary price and the costs of secondary manufacture and fluctuations in the price of primary material can have a significant impact on the economic feasibility of recycling. In addition to the prices of raw materials, manufacturers are also burdened with the additional cost incurred due to the increased crude prices, which result in higher operating costs and lower profit margins.
Opportunity: Recycling and reuse offer opportunities for growth
Currently, the plastics market has been affected due to the rise in the cost of feedstock prices. The high cost of feedstock will increase the cost of intermediate and finished goods. The plastic value chain is more circular, and recycled plastics can be more price competitive. Financial incentives to limit the use and promote circularity can be created by policies like plastics fees and recycled content targets. Several countries have lately reinforced regulations to simultaneously push supply and pull demand through recycled content targets in order to support secondary plastics markets. Positive indicators that these measures are assisting in bolstering secondary markets include the recent decoupling of prices for primary and secondary polyethylene terephthalate (PET) in Europe and rising innovation in recycling technology. The use of recycled plastic will bring down the price of finished goods, which will make the end product more economical and preferable.
Challenge: Tank and water quality issues
The goal of operating water storage tanks is to deliver the highest quality of water available to users. Inadequate tank design, inadequate maintenance, intrusion of fauna, and incorrectly applied or cured coatings and linings are some factors that can cause water quality issues in water storage tanks. It is advised by the American Water Works Association (AWWA) to examine potable water towers every three to five years. Potable water tank checks are essential for good water maintenance in addition to the tank itself. Sediment may accumulate around the bottom of tanks over time. Small levels of silt have no effect on the water's purity or the storage tank's structural integrity. These factors can affect the quality and properties of both water and tank.
The fiberglass segment is expected to register the highest CAGR during the forecast period.
The fiberglass material segment is expected to register the highest CAGR during the forecast period. Fiberglass is a strong plastic matrix reinforced with tiny glass fibers. Glass-reinforced plastic or glass-fiber reinforced plastic are other names for it. Fiberglass structures have superior mechanical strength and are resistant to degradation, rust, and corrosion. Because of its lightweight and durable qualities, fiberglass is a popular material for a variety of industrial applications. Fiberglass storage tanks have a food-grade coating on their inside surface, making the stored water drinkable for a longer duration of time.
Municipalities and facility owners are looking for ways to better manage their water resources as concerns about water shortages develop in many states across the country. Because fiberglass tanks may be constructed for dual-purpose usage, they are appropriate for commercial fire protection applications. A frequent example is fire protection backup as well as potable water.
The onsite water & wastewater collection segment is expected to be the fastest-growing segment, by application, in the water storage systems market during the forecast period.
Onsite wastewater systems are multi-stage systems that gather, filter, and distribute wastewater from a residential area or plant. Rather than being collected and transported to a wastewater treatment facility, wastewater is treated and released into the soil. A typical onsite wastewater system includes a septic tank and some type of leach field to disperse wastewater into the ground.
For effective performance, all components of an onsite wastewater system should be routinely serviced. When the sediments or scum reach a particular amount in the tank, the septic tank should be monitored and pumped. Filters in septic tanks should be examined and cleaned on a regular basis (either once or twice a year for most households and filters). To ensure equitable distribution, distribution boxes should be examined and altered. Pump tanks should be inspected for solids buildup and control panel functionality (including checking the alarm).
Water is used in chemical, petrochemical, food, textile, manufacturing, automobile, oil & gas, and several other industries. Various government and environmental rules & regulations stipulate the treatment of the water used by these industries before further reuse or release.
The water storage systems market in Asia Pacific is expected to register the highest CAGR during the forecast period.
The Asia Pacific region is the largest market for water storage systems across the globe. Over the previous few decades, Asia has experienced rapid economic and social development. Good water management and human capital development will continue to be critical throughout Asia and the Pacific to promote economic growth and enhance overall social wellbeing, particularly in the aftermath of the coronavirus disease 2019 (COVID-19) pandemic. Despite improvements throughout Asia and the Pacific (home to 60% of the world's population), 1.5 billion people in rural regions and 0.6 billion in urban areas continue to lack access to safe drinking water and sanitation. Of the 49 Asian Growth Bank (ADB) countries from Asia and the Pacific, 27 suffer severe water limits to economic development, and 18 have yet to adequately protect their citizens from water-related disasters..
In recent years, India and China have seen double-digit GDP growth, as well as a population explosion. The countries' river basins are inadequate to supply the water demands of these densely populated countries. Furthermore, socioeconomic issues induce population growth, which is predicted to contribute to water shortages in the Asia Pacific area. Water shortage has also resulted from changing rainfall levels in various Asia Pacific nations, which is projected to raise demand for water storage systems in the near future.
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North America to grow at a similar rate as that of Asia Pacific during the forecast period.
According to Trading Economics, the GDP of the US was USD 22.99 trillion in 2021. Water is used on a large scale in the US for industrial, commercial, irrigation, and residential applications. The country has one of the main shale gas reserves in the world. Additionally, the increasing oil & gas activities, which is one of the prime sectors, along with the thermoelectric power generation sector, use large amounts of water. Factors such as growing industrialization and increasing population have led to the depletion of water resources. Government intervention and growing concerns about the availability of water have driven the country's water storage systems market to grow at a significant pace.
The exploitation of water resources has led to the monitoring of water usage by each sector as well as the adoption of conservation and effective usage plans to avoid wastage. This acts as a driver for the water storage systems market as these systems also help in the monitoring of water resources. Due to the presence of large industries and diversified applications, the demand for storage tanks is high in the US.
According to the EPA, every day at home, the typical American household uses more than 300 gallons of water. About 70% of this use takes place indoors.
Although outdoor water consumption makes up 30% of home use nationwide, it can be significantly greater in drier regions and in landscapes that require more water. Due to landscape irrigation, the arid West has some of the greatest per capita domestic water demand.
According to the US Census Bureau, the construction industry of the country is among the largest in the world, with annual spending of over USD 1,762.3 billion in June 2022. Rising GDP, growing urbanization, and increasing consumption are also encouraging the growth of the water storage systems market.
Key Market Players
CST Industries Inc. (US), ZCL Composites Inc. (Canada), Synalloy Corporation (US), AG Growth International Inc. (Canada), McDermott International Inc. (US), BH Tank (US), Fiber Technology Corporation (US), Caldwell Tanks (US), Containment Solutions Inc. (US), and Maguire Iron Inc. (US) are the key players operating in the global market.
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|
Report Metric |
Details |
|
Years considered for the study |
2017–2027 |
|
Base year |
2021 |
|
Forecast period |
2022–2027 |
|
Units considered |
Value (USD Billion) |
|
Segments |
Material, Application, and End Use |
|
Regions |
Asia Pacific, North America, Europe, the Middle East & Africa, and South America |
|
Companies |
CST Industries Inc. (US), ZCL Composites Inc. (Canada), Synalloy Corporation (US), AG Growth International Inc. (Canada), McDermott International Inc. (US), BH Tank (US), Fiber Technology Corporation (US), Caldwell Tanks (US), Containment Solutions Inc. (US), Maguire Iron Inc. (US) |
This research report categorizes the water storage systems market based on material, application, end use, and region.
Based on material, the water storage systems market has been segmented as follows:
- Steel
- Fiberglass
- Concrete
- Plastic
- Others (collapsible tanks, wood tanks, and open-lined pits)
Based on application, the water storage systems market has been segmented as follows:
- Hydraulic fracture storage & collection
- Onsite water & wastewater collection
- Potable water storage systems
- Fire suppression reserve & storage
- Rainwater harvesting & collection
- Others (irrigation, secondary containment systems, and marine)
Based on end use, the water storage systems market has been segmented as follows:
- Residential
- Commercial
- Industrial
- Municipal
Based on the region, the water storage systems market has been segmented as follows:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
Recent Developments
- In July 2021, CST Industries, Inc. (CST) announced the strategic territory expansion with Adams Brothers, Inc. Adam Brothers is based in Atlanta, Georgia, specializing in process equipment to the dry bulk industry. The company has been representing CST's iconic industry-leading epoxy coated bolted and welded storage solutions, TecTank (formerly known as Peabody TecTank and Columbian TecTank), for over six decades. Under this new agreement, Adams Brothers will be responsible for an additional two states in the eastern region of the US, Virginia and North Carolina. Its offerings in the new territory will include construction services.
- In October 2019, CST Industries, Inc., the world's leading bolted storage tank, aluminium dome, and specialty cover manufacturer announced substantial company growth led by deploying USD 8 Million in capital investments from Solace Capital Partners, a private investment firm based out of California. Since the acquisition by Solace in January 2018, CST invested heavily in the company's manufacturing operations and office facilities, from new equipment, software and hardware tools, and facility upgrades.
- In April 2019, CST Industries, Inc. partnered with Greatario Engineered Storage Systems, an established and recognized market leader in Ontario, Canada, to design and build bolted steel tanks and covers for liquid storage. With this partnership, CST Industries intends to expand its Aquastore brand of storage tanks in six province territories in the western region of Canada, including British Columbia, Alberta, Saskatchewan, Manitoba, Yukon, Northwest Territories, and Nunavut.
- In May 2018, McDermott International acquired Chicago Bridge & Iron Company N.V. (CB&I), headquartered in Hague, The Netherlands, a leading provider of conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management, and environmental services in the energy and infrastructure market. This business combination with CB&I has transformed McDermott International, Inc. into a top-tier, integrated provider of engineering and construction solutions for the energy industry.
Frequently Asked Questions (FAQ):
Does this report covers the new applications of water storage systems?
Yes the report covers the new applications of water storage systems.
What is the current competitive landscape in the water storage systems market in terms of new applications, production, and sales?
The market has various large, medium, and small-scale players operating across the globe. Many players are constantly innovating and developing new products and expanding to developing countries where the demand is constantly growing; thereby boosting sales.
Which all countries are considered in the report?
US, China, Japan, Germany, UK and France are major countries considered in the report. .
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 30)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
1.3.1 WATER STORAGE SYSTEMS: MARKET SEGMENTATION
1.3.2 REGIONS COVERED
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 34)
2.1 RESEARCH DATA
FIGURE 1 WATER STORAGE SYSTEMS MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key primary data sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primary interviews
2.2 MARKET SIZE ESTIMATION
2.2.1 TOP-DOWN APPROACH
FIGURE 2 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
FIGURE 3 WATER STORAGE SYSTEMS MARKET SIZE ESTIMATION, BY REGION
FIGURE 4 WATER STORAGE SYSTEMS MARKET, BY END USE
2.2.2 SUPPLY-SIDE FORECAST
FIGURE 5 WATER STORAGE SYSTEMS MARKET: SUPPLY-SIDE FORECAST
FIGURE 6 METHODOLOGY FOR SUPPLY-SIDE SIZING OF WATER STORAGE SYSTEMS MARKET
2.2.3 DEMAND-SIDE FORECAST
FIGURE 7 WATER STORAGE SYSTEMS MARKET: DEMAND-SIDE FORECAST
2.2.4 FACTOR ANALYSIS
FIGURE 8 FACTOR ANALYSIS OF WASTE STORAGE SYSTEMS MARKET
2.3 DATA TRIANGULATION
FIGURE 9 WATER STORAGE SYSTEMS MARKET: DATA TRIANGULATION
2.4 ASSUMPTIONS
2.5 LIMITATIONS
2.6 GROWTH RATE FORECAST
3 EXECUTIVE SUMMARY (Page No. - 44)
TABLE 1 WATER STORAGE SYSTEMS MARKET SNAPSHOT (2022 VS. 2027)
FIGURE 10 CONCRETE WATER STORAGE SYSTEMS TO LEAD OVERALL MARKET DURING FORECAST PERIOD
FIGURE 11 ONSITE WATER & WASTEWATER COLLECTION SEGMENT EXPECTED TO REGISTER HIGHEST CAGR BETWEEN 2022 AND 2027
FIGURE 12 MUNICIPAL END USE TO ACCOUNT FOR HIGHEST SHARE DURING FORECAST PERIOD
FIGURE 13 ASIA PACIFIC TO BE LARGEST AND FASTEST-GROWING MARKET
4 PREMIUM INSIGHTS (Page No. - 49)
4.1 ATTRACTIVE OPPORTUNITIES IN WATER STORAGE SYSTEMS MARKET
FIGURE 14 MARKET TO WITNESS MODERATE GROWTH BETWEEN 2022 AND 2027
4.2 WATER STORAGE SYSTEMS MARKET, BY END USE
FIGURE 15 MUNICIPAL TO BE LARGEST END-USE SEGMENT DURING FORECAST PERIOD
4.3 WATER STORAGE SYSTEMS MARKET: DEVELOPED VS. EMERGING COUNTRIES
FIGURE 16 EMERGING COUNTRIES TO WITNESS HIGHER GROWTH DURING FORECAST PERIOD
4.4 ASIA PACIFIC WATER STORAGE SYSTEMS MARKET, BY END USE AND COUNTRY, 2021
FIGURE 17 CHINA ACCOUNTED FOR LARGEST MARKET SHARE IN ASIA PACIFIC
4.5 WATER STORAGE SYSTEMS MARKET, BY MAJOR COUNTRIES
FIGURE 18 CHINA TO REGISTER HIGHEST CAGR IN WATER STORAGE SYSTEMS MARKET
5 MARKET OVERVIEW (Page No. - 52)
5.1 INTRODUCTION
FIGURE 19 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN WATER STORAGE SYSTEMS MARKET
5.1.1 DRIVERS
5.1.1.1 Rapidly increasing population
TABLE 2 POPULATION OF TOP FOUR COUNTRIES, 2009 & 2050
5.1.1.2 Limited availability of water
5.1.1.3 Growth of end-use industries
5.1.2 RESTRAINTS
5.1.2.1 Fluctuation in raw material prices
5.1.2.2 High initial investment
5.1.3 OPPORTUNITIES
5.1.3.1 Recycling and reuse offer opportunities for growth
5.1.3.2 Significant opportunities for growth in emerging countries
5.1.4 CHALLENGES
5.1.4.1 Tank and water quality issues
5.2 TYPES OF WATER STORAGE SYSTEMS
5.2.1 UNDERGROUND TANKS
5.2.2 ABOVEGROUND TANKS
5.3 VALUE CHAIN ANALYSIS
FIGURE 20 WATER STORAGE SYSTEMS MARKET: VALUE CHAIN ANALYSIS
TABLE 3 WATER STORAGE SYSTEMS MARKET: ECOSYSTEM
5.4 PORTER'S FIVE FORCES ANALYSIS
FIGURE 21 PORTER'S FIVE FORCES ANALYSIS: WATER STORAGE SYSTEMS MARKET
TABLE 4 WATER STORAGE SYSTEMS MARKET: PORTER'S FIVE FORCES ANALYSIS
5.4.1 THREAT OF NEW ENTRANTS
5.4.2 THREAT OF SUBSTITUTES
5.4.3 BARGAINING POWER OF SUPPLIERS
5.4.4 BARGAINING POWER OF BUYERS
5.4.5 INTENSITY OF COMPETITIVE RIVALRY
5.5 MACROECONOMIC INDICATORS
5.5.1 INTRODUCTION
5.5.2 GDP TRENDS AND FORECAST
TABLE 5 GDP TRENDS AND FORECAST, PERCENTAGE CHANGE
5.5.3 TRENDS AND FORECASTS FOR GLOBAL CONSTRUCTION INDUSTRY
FIGURE 22 GLOBAL SPENDING IN CONSTRUCTION INDUSTRY, 2014–2035
5.5.4 EXPORT-IMPORT TRADE STATISTICS
TABLE 6 EXPORT DATA FOR RESERVOIRS, TANKS, VATS, AND SIMILAR CONTAINERS, OF IRON OR STEEL, FOR ANY MATERIAL OTHER THAN COMPRESSED OR LIQUEFIED GAS, OF A CAPACITY OF > 300 L, NOT FITTED WITH MECHANICAL OR THERMAL EQUIPMENT, WHETHER OR NOT LINED OR HEAT-INSULATED (USD THOUSAND) – HS CODE (730900)
TABLE 7 IMPORT DATA FOR RESERVOIRS, TANKS, VATS, AND SIMILAR CONTAINERS, OF IRON OR STEEL, FOR ANY MATERIAL OTHER THAN COMPRESSED OR LIQUEFIED GAS, OF A CAPACITY OF > 300 L, NOT FITTED WITH MECHANICAL OR THERMAL EQUIPMENT, WHETHER OR NOT LINED OR HEAT-INSULATED (USD THOUSAND) – HS CODE (730900)
5.5.5 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 8 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 9 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 10 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
6 WATER STORAGE SYSTEMS MARKET, BY MATERIAL (Page No. - 74)
6.1 INTRODUCTION
FIGURE 23 FIBERGLASS SEGMENT PROJECTED TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
TABLE 11 WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
TABLE 12 WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
6.2 CONCRETE
6.2.1 SUPERIOR STRENGTH, RESISTANCE TO CORROSION, AND DURABILITY TO DRIVE DEMAND FOR CONCRETE WATER STORAGE TANKS
TABLE 13 CONCRETE: WATER STORAGE SYSTEMS MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 14 CONCRETE: WATER STORAGE SYSTEMS MARKET, BY REGION, 2022–2027 (USD MILLION)
6.3 STEEL
6.3.1 COST-EFFECTIVENESS OF STEEL WATER STORAGE SYSTEMS TO DRIVE GROWTH
TABLE 15 STEEL: WATER STORAGE SYSTEMS MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 16 STEEL: WATER STORAGE SYSTEMS MARKET, BY REGION, 2022–2027 (USD MILLION)
6.4 FIBERGLASS
6.4.1 FIBERGLASS OFFERS HIGH MECHANICAL STRENGTH, MINIMAL DETERIORATION, AND NON-CORROSION
TABLE 17 FIBERGLASS: WATER STORAGE SYSTEMS MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 18 FIBERGLASS: WATER STORAGE SYSTEMS MARKET, BY REGION, 2022–2027 (USD MILLION)
6.5 PLASTIC
6.5.1 ASIA PACIFIC TO WITNESS HIGHEST GROWTH FOR PLASTIC WATER STORAGE SYSTEMS MARKET
TABLE 19 PLASTIC: WATER STORAGE SYSTEMS MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 20 PLASTIC: WATER STORAGE SYSTEMS MARKET, BY REGION, 2022–2027 (USD MILLION)
6.6 OTHERS
6.6.1 ASIA PACIFIC TO REMAIN DOMINANT MARKET FOR OTHERS SEGMENT
TABLE 21 OTHERS: WATER STORAGE SYSTEMS MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 22 OTHERS: WATER STORAGE SYSTEMS MARKET, BY REGION, 2022–2027 (USD MILLION)
7 WATER STORAGE SYSTEMS MARKET, BY APPLICATION (Page No. - 82)
7.1 INTRODUCTION
FIGURE 24 RAINWATER HARVESTING & COLLECTION SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 23 WATER STORAGE SYSTEMS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 24 WATER STORAGE SYSTEMS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
7.2 HYDRAULIC FRACTURE STORAGE & COLLECTION
7.2.1 INCREASING OIL & GAS ACTIVITIES TO DRIVE GROWTH OF HYDRAULIC FRACTURE STORAGE & COLLECTION SYSTEMS
TABLE 25 HYDRAULIC FRACTURE STORAGE & COLLECTION: WATER STORAGE SYSTEMS MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 26 HYDRAULIC FRACTURE STORAGE & COLLECTION: WATER STORAGE SYSTEMS MARKET, BY REGION, 2022–2027 (USD MILLION)
7.3 ONSITE WATER & WASTEWATER COLLECTION
7.3.1 STRINGENT ENVIRONMENTAL REGULATIONS ABOUT REUSE & RELEASE OF POLLUTED PROCESSED WATER TO DRIVE MARKET
TABLE 27 ONSITE WATER & WASTEWATER COLLECTION: WATER STORAGE SYSTEMS MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 28 ONSITE WATER & WASTEWATER COLLECTION: WATER STORAGE SYSTEMS MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
7.4 POTABLE WATER STORAGE
7.4.1 FRESHWATER SCARCITY COUPLED WITH INCREASING POPULATION TO DRIVE DEMAND IN POTABLE WATER STORAGE APPLICATION
TABLE 29 POTABLE WATER STORAGE: WATER STORAGE SYSTEMS MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 30 POTABLE WATER STORAGE: WATER STORAGE SYSTEMS MARKET, BY REGION, 2022–2027 (USD MILLION)
7.5 RAINWATER HARVESTING & COLLECTION
7.5.1 INCREASING CONCERNS REGARDING AVAILABILITY OF WATER RESOURCES TO DRIVE RAINWATER HARVESTING & COLLECTION
TABLE 31 RAINWATER HARVESTING & COLLECTION: WATER STORAGE SYSTEMS MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 32 RAINWATER HARVESTING & COLLECTION: WATER STORAGE SYSTEMS MARKET, BY REGION, 2022–2027 (USD MILLION)
7.6 FIRE SUPPRESSION RESERVE & STORAGE
7.6.1 INCREASING SAFETY STANDARDS AND GOVERNMENT REGULATIONS REGARDING PROTECTION AGAINST FIRE TO FUEL GROWTH
TABLE 33 FIRE SUPPRESSION RESERVE & STORAGE: WATER STORAGE SYSTEMS MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 34 FIRE SUPPRESSION RESERVE & STORAGE: WATER STORAGE SYSTEMS MARKET, BY REGION, 2022–2027 (USD MILLION)
7.7 OTHERS
7.7.1 INCREASING IRRIGATION ACTIVITIES TO DRIVE MARKET IN OTHER APPLICATIONS SEGMENT
TABLE 35 OTHER APPLICATIONS: WATER STORAGE SYSTEMS MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 36 OTHER APPLICATIONS: WATER STORAGE SYSTEMS MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
8 WATER STORAGE SYSTEMS MARKET, BY END USE (Page No. - 92)
8.1 INTRODUCTION
FIGURE 25 MUNICIPAL SEGMENT DOMINATES WATER STORAGE SYSTEMS MARKET
TABLE 37 WATER STORAGE SYSTEMS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 38 WATER STORAGE SYSTEMS MARKET, BY END USE, 2022–2027 (USD MILLION)
8.2 MUNICIPAL
8.2.1 INCREASING POPULATION AND RAPID URBANIZATION DRIVING DEMAND IN MUNICIPAL SEGMENT
TABLE 39 MUNICIPAL: WATER STORAGE SYSTEMS MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 40 MUNICIPAL: WATER STORAGE SYSTEMS MARKET, BY REGION, 2022–2027 (USD MILLION)
8.3 INDUSTRIAL
8.3.1 GOVERNMENT REGULATIONS, ENVIRONMENTAL NORMS, AND INDUSTRIALIZATION TO DRIVE INDUSTRIAL WATER STORAGE SYSTEMS MARKET
TABLE 41 INDUSTRIAL: WATER STORAGE SYSTEMS MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 42 INDUSTRIAL: WATER STORAGE SYSTEMS MARKET, BY REGION, 2022–2027 (USD MILLION)
8.4 COMMERCIAL
8.4.1 GROWING URBANIZATION DRIVING GROWTH OF MARKET IN COMMERCIAL SECTOR
TABLE 43 COMMERCIAL: WATER STORAGE SYSTEMS MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 44 COMMERCIAL: WATER STORAGE SYSTEMS MARKET, BY REGION, 2022–2027 (USD MILLION)
8.5 RESIDENTIAL
8.5.1 RISING WATER DEMAND AND GROWING WATER SCARCITY FUELING NEED FOR RESIDENTIAL WATER STORAGE SYSTEMS
TABLE 45 RESIDENTIAL: WATER STORAGE SYSTEMS MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 46 RESIDENTIAL: WATER STORAGE SYSTEMS MARKET, BY REGION, 2022–2027 (USD MILLION)
9 WATER STORAGE SYSTEMS MARKET, BY REGION (Page No. - 99)
9.1 INTRODUCTION
FIGURE 26 ASIA PACIFIC WATER STORAGE SYSTEMS MARKET PROJECTED TO REGISTER HIGHEST CAGR FROM 2022 TO 2027
TABLE 47 WATER STORAGE SYSTEMS MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 48 WATER STORAGE SYSTEMS MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 49 WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
TABLE 50 WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
TABLE 51 WATER STORAGE SYSTEMS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 52 WATER STORAGE SYSTEMS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 53 WATER STORAGE SYSTEMS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 54 WATER STORAGE SYSTEMS MARKET, BY END USE, 2022–2027 (USD MILLION)
9.2 ASIA PACIFIC
FIGURE 27 ASIA PACIFIC: WATER STORAGE SYSTEMS MARKET SNAPSHOT
TABLE 55 ASIA PACIFIC: WATER STORAGE SYSTEMS MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 56 ASIA PACIFIC: WATER STORAGE SYSTEMS MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 57 ASIA PACIFIC: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
TABLE 58 ASIA PACIFIC: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
TABLE 59 ASIA PACIFIC: WATER STORAGE SYSTEMS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 60 ASIA PACIFIC: WATER STORAGE SYSTEMS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 61 ASIA PACIFIC: WATER STORAGE SYSTEMS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 62 ASIA PACIFIC: WATER STORAGE SYSTEMS MARKET, BY END USE, 2022–2027 (USD MILLION)
9.2.1 CHINA
9.2.1.1 China to lead water storage systems market in Asia Pacific
TABLE 63 CHINA: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
TABLE 64 CHINA: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
9.2.2 JAPAN
9.2.2.1 Fiberglass to be fastest-growing material type during forecast period
TABLE 65 JAPAN: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
TABLE 66 JAPAN: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
9.2.3 INDIA
9.2.3.1 Booming economy, population growth, and rapid urbanization to drive market
TABLE 67 INDIA: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
TABLE 68 INDIA: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
9.2.4 SOUTH KOREA
9.2.4.1 Growing awareness about water scarcity to drive water storage systems market
TABLE 69 SOUTH KOREA: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
TABLE 70 SOUTH KOREA: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
9.2.5 AUSTRALIA
9.2.5.1 Stringent regulations and fluctuating rainfall to drive growth of water storage systems
TABLE 71 AUSTRALIA: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
TABLE 72 AUSTRALIA: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
9.2.6 REST OF ASIA PACIFIC
9.2.6.1 Increasing population and scarcity of water to drive growth in Rest of Asia Pacific
TABLE 73 REST OF ASIA PACIFIC: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
TABLE 74 REST OF ASIA PACIFIC: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
9.3 NORTH AMERICA
FIGURE 28 NORTH AMERICA: WATER STORAGE SYSTEMS MARKET SNAPSHOT
TABLE 75 NORTH AMERICA: WATER STORAGE SYSTEMS MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 76 NORTH AMERICA: WATER STORAGE SYSTEMS MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 77 NORTH AMERICA: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
TABLE 78 NORTH AMERICA: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
TABLE 79 NORTH AMERICA: WATER STORAGE SYSTEMS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 80 NORTH AMERICA: WATER STORAGE SYSTEMS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 81 NORTH AMERICA: WATER STORAGE SYSTEMS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 82 NORTH AMERICA: WATER STORAGE SYSTEMS MARKET, BY END USE, 2022–2027 (USD MILLION)
9.3.1 US
9.3.1.1 Aging water infrastructure and significant capital investment to drive market
TABLE 83 US: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
TABLE 84 US: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
9.3.2 CANADA
9.3.2.1 Lack of investment in water infrastructure to restrain market growth during forecast period
TABLE 85 CANADA: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
TABLE 86 CANADA: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
9.3.3 MEXICO
9.3.3.1 Rainwater harvesting to cope with severe water scarcity to drive market
TABLE 87 MEXICO: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
TABLE 88 MEXICO: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
9.4 EUROPE
FIGURE 29 EUROPE: WATER STORAGE SYSTEMS MARKET SNAPSHOT
TABLE 89 EUROPE: WATER STORAGE SYSTEMS MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 90 EUROPE: WATER STORAGE SYSTEMS MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 91 EUROPE: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
TABLE 92 EUROPE: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
TABLE 93 EUROPE: WATER STORAGE SYSTEMS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 94 EUROPE: WATER STORAGE SYSTEMS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 95 EUROPE: WATER STORAGE SYSTEMS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 96 EUROPE: WATER STORAGE SYSTEMS MARKET, BY END USE, 2022–2027 (USD MILLION)
9.4.1 GERMANY
9.4.1.1 High population expected to drive growth of water storage systems market
TABLE 97 GERMANY: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
TABLE 98 GERMANY: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
9.4.2 FRANCE
9.4.2.1 Climate change expected to influence water storage systems market in France
TABLE 99 FRANCE: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
TABLE 100 FRANCE: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
9.4.3 UK
9.4.3.1 Scarcity of water to drive growth of water storage systems market in UK
TABLE 101 UK: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
TABLE 102 UK: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
9.4.4 ITALY
9.4.4.1 Rainwater harvesting and stringent regulations to fuel growth of market
TABLE 103 ITALY: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
TABLE 104 ITALY: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
9.4.5 SPAIN
9.4.5.1 Dependence on reservoirs to drive growth of water storage systems market
TABLE 105 SPAIN: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
TABLE 106 SPAIN: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
9.4.6 REST OF EUROPE
9.4.6.1 Increasing capital expenditure on maintenance of water reserves to fuel growth
TABLE 107 REST OF EUROPE: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
TABLE 108 REST OF EUROPE: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
9.5 MIDDLE EAST & AFRICA
FIGURE 30 SOUTH AFRICA TO REGISTER HIGHEST GROWTH IN MIDDLE EAST & AFRICA
TABLE 109 MIDDLE EAST & AFRICA: WATER STORAGE SYSTEMS MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 110 MIDDLE EAST & AFRICA: WATER STORAGE SYSTEMS MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 111 MIDDLE EAST & AFRICA: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
TABLE 112 MIDDLE EAST & AFRICA: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
TABLE 113 MIDDLE EAST & AFRICA: WATER STORAGE SYSTEMS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 114 MIDDLE EAST & AFRICA: WATER STORAGE SYSTEMS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 115 MIDDLE EAST & AFRICA: WATER STORAGE SYSTEMS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 116 MIDDLE EAST & AFRICA: WATER STORAGE SYSTEMS MARKET, BY END USE, 2022–2027 (USD MILLION)
9.5.1 SAUDI ARABIA
9.5.1.1 Concrete remains dominant water storage systems market in Saudi Arabia
TABLE 117 SAUDI ARABIA: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
TABLE 118 SAUDI ARABIA: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
9.5.2 UAE
9.5.2.1 High consumption in air conditioning systems driving growth in UAE
TABLE 119 UAE: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
TABLE 120 UAE: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
9.5.3 SOUTH AFRICA
9.5.3.1 Government support to drive growth of water storage systems market in South Africa
TABLE 121 SOUTH AFRICA: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
TABLE 122 SOUTH AFRICA: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
9.5.4 REST OF MIDDLE EAST & AFRICA
9.5.4.1 Increasing population and water scarcity fueling growth of water storage systems
TABLE 123 REST OF MIDDLE EAST & AFRICA: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
TABLE 124 REST OF MIDDLE EAST & AFRICA: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
9.6 SOUTH AMERICA
FIGURE 31 BRAZIL ACCOUNTS FOR HIGHEST SHARE OF SOUTH AMERICAN WATER STORAGE SYSTEMS MARKET
TABLE 125 SOUTH AMERICA: WATER STORAGE SYSTEMS MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 126 SOUTH AMERICA: WATER STORAGE SYSTEMS MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 127 SOUTH AMERICA WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
TABLE 128 SOUTH AMERICA: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
TABLE 129 SOUTH AMERICA: WATER STORAGE SYSTEMS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 130 SOUTH AMERICA: WATER STORAGE SYSTEMS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 131 SOUTH AMERICA: WATER STORAGE SYSTEMS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 132 SOUTH AMERICA: WATER STORAGE SYSTEMS MARKET, BY END USE, 2022–2027 (USD MILLION)
9.6.1 BRAZIL
9.6.1.1 Brazil dominates water storage systems market in South America
TABLE 133 BRAZIL: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
TABLE 134 BRAZIL: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
9.6.2 ARGENTINA
9.6.2.1 Increasing oil & gas exploration to drive growth of market in Argentina
TABLE 135 ARGENTINA: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
TABLE 136 ARGENTINA: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
9.6.3 REST OF SOUTH AMERICA
9.6.3.1 Plastic material segment to account for largest share in Rest of South America
TABLE 137 REST OF SOUTH AMERICA: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
TABLE 138 REST OF SOUTH AMERICA: WATER STORAGE SYSTEMS MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
10 COMPETITIVE LANDSCAPE (Page No. - 146)
10.1 OVERVIEW
TABLE 139 OVERVIEW OF STRATEGIES ADOPTED BY KEY WATER STORAGE SYSTEMS PLAYERS (2018–2022)
10.2 COMPETITIVE LEADERSHIP MAPPING, 2021
10.2.1 STARS
10.2.2 EMERGING LEADERS
10.2.3 PARTICIPANTS
10.2.4 PERVASIVE PLAYERS
FIGURE 32 WATER STORAGE SYSTEMS MARKET: COMPETITIVE LEADERSHIP MAPPING, 2021
10.3 SME MATRIX, 2021
10.3.1 RESPONSIVE COMPANIES
10.3.2 PROGRESSIVE COMPANIES
10.3.3 STARTING BLOCKS
10.3.4 DYNAMIC COMPANIES
FIGURE 33 WATER STORAGE SYSTEMS MARKET: START-UP/SME COMPETITIVE LEADERSHIP MAPPING, 2021
10.4 STRENGTH OF PRODUCT PORTFOLIO
FIGURE 34 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN WATER STORAGE SYSTEMS MARKET
10.5 BUSINESS STRATEGY EXCELLENCE
FIGURE 35 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN WATER STORAGE SYSTEMS MARKET
10.6 COMPETITIVE BENCHMARKING
TABLE 140 WATER STORAGE SYSTEMS MARKET: DETAILED LIST OF KEY START-UPS/SMES
TABLE 141 WATER STORAGE SYSTEMS MARKET: COMPETITIVE BENCHMARKING OF START-UPS/SMES
TABLE 142 COMPANY EVALUATION MATRIX: WATER STORAGE SYSTEMS
10.7 MARKET SHARE ANALYSIS
FIGURE 36 MARKET SHARE OF KEY PLAYERS (2021)
TABLE 143 WATER STORAGE SYSTEMS MARKET: DEGREE OF COMPETITION, 2021
10.8 MARKET RANKING ANALYSIS
FIGURE 37 MARKET RANKING ANALYSIS, 2021
10.9 REVENUE ANALYSIS
FIGURE 38 REVENUE ANALYSIS OF TOP 5 PLAYERS, 2016–2020
10.1 COMPETITIVE SCENARIO
10.10.1 MARKET EVALUATION FRAMEWORK
TABLE 144 STRATEGIC DEVELOPMENTS BY MARKET PLAYERS
TABLE 145 MOST ADOPTED STRATEGIES
TABLE 146 NUMBER OF GROWTH STRATEGIES ADOPTED BY KEY PLAYERS
10.10.2 MARKET EVALUATION MATRIX
TABLE 147 COMPANY END-USE FOOTPRINT
TABLE 148 COMPANY REGION FOOTPRINT
TABLE 149 COMPANY OVERALL FOOTPRINT
10.11 STRATEGIC DEVELOPMENTS
TABLE 150 WATER STORAGE SYSTEMS MARKET: PRODUCT LAUNCHES, 2018–2022
TABLE 151 WATER STORAGE SYSTEMS MARKET: DEALS, 2018–2022
TABLE 152 WATER STORAGE SYSTEMS MARKET: OTHERS, 2018–2022
11 COMPANY PROFILES (Page No. - 162)
11.1 KEY PLAYERS
(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)*
11.1.1 CST INDUSTRIES, INC.
TABLE 153 CST INDUSTRIES, INC.: COMPANY OVERVIEW
TABLE 154 CST INDUSTRIES, INC.: PRODUCT LAUNCHES
TABLE 155 CST INDUSTRIES, INC.: DEALS
TABLE 156 CST INDUSTRIES, INC.: OTHERS
11.1.2 ZCL COMPOSITES, INC.
TABLE 157 ZCL COMPOSITES, INC: COMPANY OVERVIEW
11.1.3 SYNALLOY CORPORATION
TABLE 158 SYNALLOY CORPORATION: COMPANY OVERVIEW
FIGURE 39 SYNALLOY CORPORATION: COMPANY SNAPSHOT
11.1.4 AG GROWTH INTERNATIONAL INC.
TABLE 159 AG GROWTH INTERNATIONAL INC.: COMPANY OVERVIEW
FIGURE 40 AG GROWTH INTERNATIONAL INC.: COMPANY SNAPSHOT
11.1.5 MCDERMOTT INTERNATIONAL, INC.
TABLE 160 MCDERMOTT INTERNATIONAL, INC.: COMPANY OVERVIEW
FIGURE 41 MCDERMOTT INTERNATIONAL, INC.: COMPANY SNAPSHOT
TABLE 161 MCDERMOTT INTERNATIONAL, INC.: DEALS
11.1.6 BH TANK
TABLE 162 BH TANK: COMPANY OVERVIEW
11.1.7 FIBER TECHNOLOGY CORPORATION
TABLE 163 FIBER TECHNOLOGY CORPORATION: COMPANY OVERVIEW
11.1.8 CALDWELL TANKS
TABLE 164 CALDWELL TANKS: COMPANY OVERVIEW
11.1.9 CONTAINMENT SOLUTIONS INC.
TABLE 165 CONTAINMENT SOLUTIONS INC: COMPANY OVERVIEW
11.1.10 MAGUIRE IRON INC.
TABLE 166 MAGUIRE IRON INC.: COMPANY OVERVIEW
11.2 OTHER PLAYERS
11.2.1 SNYDER INDUSTRIES
TABLE 167 SNYDER INDUSTRIES: COMPANY OVERVIEW
11.2.2 CROM CORPORATION
TABLE 168 CROM CORPORATION: COMPANY OVERVIEW
11.2.3 TANK CONNECTION
TABLE 169 TANK CONNECTION: COMPANY OVERVIEW
11.2.4 CONTAIN ENVIRO SERVICES LTD
TABLE 170 CONTAIN ENVIRO SERVICES LTD: COMPANY OVERVIEW
11.2.5 HMT LLC
TABLE 171 HMT LLC: COMPANY OVERVIEW
11.2.6 DN TANKS
TABLE 172 DN TANKS: COMPANY OVERVIEW
11.2.7 SINTEX PLASTICS TECHNOLOGY LIMITED
TABLE 173 SINTEX PLASTICS TECHNOLOGY LIMITED: COMPANY OVERVIEW
11.2.8 BALMORAL TANKS LIMITED
TABLE 174 BALMORAL TANKS LIMITED: COMPANY OVERVIEW
11.2.9 SUPERIOR TANK CO. INC
TABLE 175 SUPERIOR TANK CO. INC: COMPANY OVERVIEW
11.2.10 PITTSBURG TANK & TOWER GROUP
TABLE 176 PITTSBURG TANK & TOWER GROUP: COMPANY OVERVIEW
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)* might not be captured in case of unlisted companies.
12 ADJACENT & RELATED MARKETS (Page No. - 195)
12.1 INTRODUCTION
12.2 LIMITATIONS
12.3 WASTEWATER TREATMENT SERVICES MARKET
12.3.1 MARKET DEFINITION
12.3.2 MARKET OVERVIEW
12.3.3 WASTEWATER TREATMENT SERVICES MARKET, BY SERVICE TYPE
TABLE 177 WASTEWATER TREATMENT SERVICES MARKET SIZE, BY SERVICE TYPE, 2016–2019 (USD MILLION)
TABLE 178 WASTEWATER TREATMENT SERVICES MARKET SIZE, BY SERVICE TYPE, 2020–2026 (USD MILLION)
12.3.3.1 Design & engineering consulting
12.3.3.2 Building & installation service
12.3.3.3 Operation & process control
12.3.3.4 Maintenance & repair
12.3.3.5 Others
12.3.4 WASTEWATER TREATMENT SERVICES MARKET, BY END-USE INDUSTRY
TABLE 179 WASTEWATER TREATMENT SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2016–2019 (USD MILLION)
TABLE 180 WASTEWATER TREATMENT SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (USD MILLION)
12.3.4.1 Municipal
12.3.4.2 Industrial
TABLE 181 WASTEWATER TREATMENT SERVICES MARKET SIZE IN INDUSTRIAL END-USE INDUSTRY, BY INDUSTRY TYPE, 2016–2019 (USD MILLION)
TABLE 182 WASTEWATER TREATMENT SERVICES MARKET SIZE IN INDUSTRIAL END-USE INDUSTRY, BY INDUSTRY TYPE, 2020–2026 (USD MILLION)
12.3.4.2.1 Chemical & pharma
12.3.4.2.2 Oil & gas
12.3.4.2.3 Food, pulp & paper
12.3.4.2.4 Metal & mining
12.3.4.2.5 Power generation
12.3.4.2.6 Others
12.3.5 WASTEWATER TREATMENT SERVICES MARKET, BY REGION
TABLE 183 WASTEWATER TREATMENT SERVICES MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
TABLE 184 WASTEWATER TREATMENT SERVICES MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
12.3.5.1 North America
12.3.5.2 Europe
12.3.5.3 Asia Pacific
12.3.5.4 Middle East & Africa
12.3.5.5 South America
13 APPENDIX (Page No. - 204)
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 CUSTOMIZATION OPTIONS
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS
The study involved four major activities in estimating the current market size of water storage systems. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both supply-side and demand-side approaches were employed to estimate the complete market size. After that, the market breakdown and data triangulation methods were used to estimate the size of the segments and subsegments of the overall market.
Secondary Research
This research report involves the use of extensive secondary sources, directories, and databases, such as Bloomberg, BusinessWeek, Factiva, ICIS, and OneSource to identify and collect information useful for the technical, market-oriented, and commercial study of the water storage systems market. The secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, and articles from recognized authors, authenticated directories, and databases.
Primary Research
The water storage systems market comprises several stakeholders, such as raw material suppliers, processors, end-product manufacturers, and regulatory organizations. The demand side of this market is characterized by the development of the construction industry and its end uses such as residential, commercial, industrial, and municipal. The supply side included industry experts, such as CEOs, vice presidents, marketing directors, technology and innovation directors, and related key executives from various companies and organizations operating in the market. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.
Following is the breakdown of primary respondents:
Notes: Companies are classified based on their revenue–Tier 1 = >USD 7 billion, Tier 2 = USD 500 million to USD 7 billion, and Tier 3 =
Others include sales, marketing, and product managers.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
In the market engineering process (which includes calculations for market statistics, market breakdown, market size estimations, market forecast, and data triangulation), both the top-down and bottom-up approaches have been extensively used, along with several data triangulation methods to gather, verify, and validate the market figures arrived at. Extensive qualitative and quantitative analyses have been performed on the complete market engineering process to provide key information/insights throughout the report. The research methodology used to estimate the market size included the following steps:
- The key players in the market have been identified in the respective regions through primary and secondary research.
- All percentage shares, splits, and breakdowns have been determined by using secondary sources and verified through primary sources.
- All possible parameters that affect the market and submarkets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The data has been consolidated and added with detailed inputs and analysis from MNM data repository and presented in this report.
Global Water Storage Systems Market: Top-Down Approach
Source: Secondary Research, and Interviews with Experts
To know about the assumptions considered for the study, Request for Free Sample Report
Data Triangulation
After arriving at the overall market size from the estimation process explained above, the total market has been split into several segments and sub-segments. Data triangulation and market breakdown procedures have been used wherever applicable to complete the overall market engineering process and to arrive at the exact statistics for all the segments and sub-segments. The data has been triangulated by studying various factors and trends from both the demand and supply sides. In addition, the market has been validated using both the top-down and bottom-up approaches. Then, it was verified through primary interviews. Hence, for every data segment, there are three sources — the top-down approach, the bottom-up approach, and expert interviews. Only when the values arrived at from the three points matched, the data has been assumed to be correct.
Report Objectives
- To analyze and forecast the size of the water storage systems market in terms of value
- To provide detailed information regarding the key factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market and its submarkets
- To define, describe, and forecast the size of the market by material, application, end use, and region
- To forecast the size of the market and its submarkets with respect to five regions (along with their major countries), namely, Asia Pacific, Europe, North America, Middle East & Africa, and South America
- To strategically analyze each micro markets with respect to individual growth trends, prospects, and their contribution to the overall market
- To analyze opportunities in the market for stakeholders by identifying high-growth segments and provide a competitive landscape of market leaders
- To track and analyze competitive developments such as new product launches, mergers & acquisitions, investment & expansions, and joint ventures in the market
- To strategically profile the key market players and comprehensively analyze their core competencies
Available Customizations
MarketsandMarkets offers customizations according to the specific needs of the companies with the given market data.
The following customization options are available for the report:
Regional Analysis
- Further breakdown of a region with respect to a particular country
Company Information
- Detailed analysis and profiling of additional market players
Growth opportunities and latent adjacency in Water Storage Systems Market