The North America fire protection water storage tanks market reached a value of US$ 193 Million in 2018. Water storage tanks help in supplying water to fire sprinkler systems, in part or in whole. These include warehouses with high-piled storage, aircraft hangers, and high-rise buildings located in earthquake-prone areas that need a secondary water supply. Fire suppression storage tanks create a dedicated location for a particular volume of water which can be utilized by fire departments to supplement or act as the main source of water during fire suppression. In areas where water is either scarce or not connected to a municipal supply, fire suppression tanks are able to supply the critical water needed for fire protection.
With rapid technological advancements and product innovations, the market for water storage tanks has gained traction across North America. The future of the North American water storage tanks market looks promising with opportunities in commercial, municipal, industrial, and residential sectors. Water storage tanks for fire protection have been exhibiting growth in recent years as technology has advanced, processes have evolved, and standards have become more rigorous resulting in increased flexibility, greater durability and lower costs. Furthermore, the construction of warehouses, hotels and offices are witnessing healthy growth rates, which is also expected to stimulate the growth of the fire protection water storage tanks market in North America in the coming years. Looking forward, the market is expected to reach a value of US$ 366 Million by 2024, exhibiting a CAGR of around 11% during 2019-2024.
Report Scope
Market Break by Material Type
Market Break by Coating Type
- Epoxy
- Glass-Fused-To-Steel
- Others
Market Break by Size
- 100,000-250,000 Gallons
- 50,000-100,000 Gallons
- 25,000-50,000 Gallons
- >250,000 Gallons
- <25,000 Gallons
Market Break by Country
Competitive Landscape:
The report has also examined the competitive landscape of the North America fire protection water storage tanks market. Some of the major players include: Superior Tank Co. Inc, Tank Connection LLC, T.F. Warren Group Inc, CST Industries Inc., National Storage Tank Inc., Fisher Tank Company, DN Tanks Inc., Gulf Coast Tank and Construction Co., Pittsburg Tank & Tower Co Inc, etc.
Key Questions Answered in This Report:
- How has the North America fire protection water storage tanks market performed so far and how will it perform in the coming years?
- What is the breakup of the North America fire protection water storage tanks market based on the material type?
- What is the breakup of the North America fire protection water storage tanks market based on the coating type?
- What is the breakup of the North America fire protection water storage tanks market based on the tank size?
- What is the breakup of the North America fire protection water storage tanks market based on the country?
- What are the various stages in the value chain of the North America fire protection water storage tanks market?
- What are the key driving factors and challenges in the North America fire protection water storage tanks market?
- What is the structure of the North America fire protection water storage tanks market industry and who are the key players?
- What is the degree of competition in the North America fire protection water storage tanks market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 North America Fire Protection Water Storage Tanks Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Forecast
6 Market Breakup by Material Type
6.1 Steel
6.1.1 Market Trends
6.1.2 Market Breakup by Type
6.1.2.1 Steel Welded
6.1.2.1.1 Market Trends
6.1.2.1.2 Market Forecast
6.1.2.2 Steel Bolted
6.1.2.2.1 Market Trends
6.1.2.2.2 Market Forecast
6.1.3 Market Forecast
6.2 Fiberglass
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Coating Type
7.1 Epoxy
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Glass-Fused-To-Steel
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Country
8.1 United States
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Canada
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Size
9.1 100,000-250,000 Gallons
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 50,000-100,000 Gallons
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 25,000-50,000 Gallons
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 >250,000 Gallons
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 <25,000 Gallons
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Application
10.1 Commercial
10.1.1 Market Trends
10.1.2 Market Breakup by Type
10.1.2.1 Large Warehouses
10.1.2.1.1 Market Trends
10.1.2.1.2 Market Forecast
10.1.2.2 Shopping Centers
10.1.2.2.1 Market Trends
10.1.2.2.2 Market Forecast
10.1.2.3 Hospitals
10.1.2.3.1 Market Trends
10.1.2.3.2 Market Forecast
10.1.2.4 Office Buildings
10.1.2.4.1 Market Trends
10.1.2.4.2 Market Forecast
10.1.2.5 Others
10.1.2.5.1 Market Trends
10.1.2.5.2 Market Forecast
10.1.3 Market Forecast
10.2 Industrial
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Residential
10.3.1 Market Trends
10.3.2 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weakness
11.4 Opportunities
11.5 Threat
12 Value Chain Analysis
13 Porter’s Five Forces Analysis
13.1 Bargaining Power of Buyers
13.2 Bargaining Power of Suppliers
13.3 Degree of Competition
13.4 Threat of New Entrants
13.5 Threat of Substitutes
14 PESTEL Analysis
14.1 Overview
14.2 Political
14.3 Economic
14.4 Social
14.5 Technological
14.6 Environmental
14.7 Legal
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Superior Tank Co., Inc
15.3.2 Tank Connection, LLC
15.3.3 T.F. Warren Group Inc
15.3.4 CST Industries, Inc
15.3.5 National Storage Tank, Inc
15.3.6 Fisher Tank Company
15.3.7 DN Tanks, Inc
15.3.8 Gulf Coast Tank and Construction Co.
15.3.9 Pittsburg Tank & Tower Co Inc.
List of Figures
Figure 1: North America: Fire Protection Water Storage Tanks Market: Major Drivers and Challenges
Figure 2: North America: Fire Protection Water Storage Tanks Market: Sales Value (in Million US$), 2013-2018
Figure 3: North America: Fire Protection Water Storage Tanks Market: Breakup by Material Type
Figure 4: North America: Fire Protection Water Storage Tanks Market: Breakup by Coating Type (in %), 2018
Figure 5: North America: Fire Protection Water Storage Tanks Market: Breakup by Country (in %), 2018
Figure 6: North America: Fire Protection Water Storage Tanks Market: Breakup by Size (in %), 2018
Figure 7: North America: Fire Protection Water Storage Tanks Market: Breakup by Application (in %), 2018
Figure 8: North America: Fire Protection Water Storage Tanks Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 9: North America: Fire Protection Water Storage Tanks (Steel) Market: Value Trends (in Million US$), 2013 & 2018
Figure 10: North America: Steel Fire Protection Water Storage Tanks Market: Breakup by Type (in %), 2018
Figure 11: North America: Steel Fire Protection Water Storage Tanks (Steel Welded) Market: Value Trends (in Million US$), 2013 & 2018
Figure 12: North America: Steel Fire Protection Water Storage Tanks (Steel Welded) Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 13: North America: Steel Fire Protection Water Storage Tanks (Steel Bolted) Market: Value Trends (in Million US$), 2013 & 2018
Figure 14: North America: Fire Protection Water Storage Tanks (Steel) Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 15: North America: Fire Protection Water Storage Tanks (Fiber Glass) Market: Value Trends (in Million US$), 2013 & 2018
Figure 16: North America: Fire Protection Water Storage Tanks (Fiber Glass) Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 17: North America: Fire Protection Water Storage Tanks (Other Materials) Market: Value Trends (in Million US$), 2013 & 2018
Figure 18: North America: Fire Protection Water Storage Tanks (Other Materials) Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 19: North America: Fire Protection Water Storage Tanks (Epoxy) Market: Value Trends (in Million US$), 2013 & 2018
Figure 20: North America: Fire Protection Water Storage Tanks (Epoxy) Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 21: North America: Fire Protection Water Storage Tanks (Glass-Fused-To-Steel) Market: Value Trends (in Million US$), 2013 & 2018
Figure 22: North America: Fire Protection Water Storage Tanks (Glass-Fused-To-Steel) Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 23: North America: Fire Protection Water Storage Tanks (Other Coatings) Market: Value Trends (in Million US$), 2013 & 2018
Figure 24: North America: Fire Protection Water Storage Tanks (Other Coatings) Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 25: United States: Fire Protection Water Storage Tanks Market: Value Trends (in Million US$), 2013 & 2018
Figure 26: United States: Fire Protection Water Storage Tanks Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 27: Canada: Fire Protection Water Storage Tanks Market: Value Trends (in Million US$), 2013 & 2018
Figure 28: Canada: Fire Protection Water Storage Tanks Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 29: Others: Fire Protection Water Storage Tanks Market: Value Trends (in Million US$), 2013 & 2018
Figure 30: Others: Fire Protection Water Storage Tanks Market: Value Trends (in Million US$), 2013 & 2018
Figure 31: North America: Fire Protection Water Storage Tanks Market (100,000-250,000 Gallons): Value Trends (in Million US$), 2013 & 2018
Figure 32: North America: Fire Protection Water Storage Tanks Market Forecast (100,000-250,000 Gallons): Value Trends (in Million US$), 2019-2024
Figure 33: North America: Fire Protection Water Storage Tanks Market (50,000-100,000 Gallons): Value Trends (in Million US$), 2013 & 2018
Figure 34: North America: Fire Protection Water Storage Tanks Market Forecast (50,000-100,000 Gallons): Value Trends (in Million US$), 2019-2024
Figure 35: North America: Fire Protection Water Storage Tanks Market (25,000-50,000 Gallons): Value Trends (in Million US$), 2013 & 2018
Figure 36: North America: Fire Protection Water Storage Tanks Market Forecast (25,000-50,000 Gallons): Value Trends (in Million US$), 2019-2024
Figure 37: North America: Fire Protection Water Storage Tanks Market (>250,000 Gallons): Value Trends (in Million US$), 2013 & 2018
Figure 38: North America: Fire Protection Water Storage Tanks Market Forecast (>250,000 Gallons): Value Trends (in Million US$), 2019-2024
Figure 39: North America: Fire Protection Water Storage Tanks Market (< 25,000 Gallons): Value Trends (in Million US$), 2013 & 2018
Figure 40: North America: Fire Protection Water Storage Tanks Market Forecast (< 25,000 Gallons): Value Trends (in Million US$), 2019-2024
Figure 41: North America: Fire Protection Water Storage Tanks Market (Commercial): Value Trends (in Million US$), 2013 & 2018
Figure 42: North America: Commercial Fire Protection Water Storage Tanks Market: Breakup by Application (in %), 2018
Figure 43: North America: Steel Fire Protection Water Storage Tanks (Large Warehouses) Market: Value Trends (in Million US$), 2013 & 2018
Figure 44: North America: Steel Fire Protection Water Storage Tanks (Large Warehouses) Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 45: North America: Steel Fire Protection Water Storage Tanks (Shopping Centers) Market: Value Trends (in Million US$), 2013 & 2018
Figure 46: North America: Steel Fire Protection Water Storage Tanks (Shopping Centres) Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 47: North America: Steel Fire Protection Water Storage Tanks (Hospitals) Market: Value Trends (in Million US$), 2013 & 2018
Figure 48: North America: Steel Fire Protection Water Storage Tanks (Hospitals) Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 49: North America: Steel Fire Protection Water Storage Tanks (Office Buildings) Market: Value Trends (in Million US$), 2013 & 2018
Figure 50: North America: Steel Fire Protection Water Storage Tanks (Office Buildings) Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 51: North America: Steel Fire Protection Water Storage Tanks (Other Applications) Market: Value Trends (in Million US$), 2013 & 2018
Figure 52: North America: Steel Fire Protection Water Storage Tanks (Other Applications) Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 53: North America: Fire Protection Water Storage Tanks Market Forecast (Commercial): Value Trends (in Million US$), 2019-2024
Figure 54: North America: Fire Protection Water Storage Tanks Market (Industrial): Value Trends (in Million US$), 2013 & 2018
Figure 55: North America: Fire Protection Water Storage Tanks Market Forecast (Industrial): Value Trends (in Million US$), 2019-2024
Figure 56: North America: Fire Protection Water Storage Tanks Market (Other Applications): Value Trends (in Million US$), 2013 & 2018
Figure 57: North America: Fire Protection Water Storage Tanks Market Forecast (Other Applications): Value Trends (in Million US$), 2019-2024
Figure 58: North America: Fire Protection Water Storage Tanks Industry: SWOT Analysis
Figure 59: North America: Fire Protection Water Storage Tanks Industry: Value Chain Analysis
Figure 60: North America: Fire Protection Water Storage Tanks: Porter’s Five Forces Analysis
Figure 61: North America: Fire Protection Water Storage Tanks Industry: PESTEL Analysis
Figure 62: Fire Protection Water Storage Tanks Industry: Breakup of Production Cost (in %)
List of Tables
Table 1: North America: Fire Protection Water Storage Tanks Market: Key Industry Highlights, 2018 and 2024
Table 2: North America: Fire Protection Water Storage Tanks Market Forecast: Breakup by Material Type (in Million US$), 2019-2024
Table 3: North America: Fire Protection Water Storage Tanks Market Forecast: Breakup by Coating Type (in Million US$), 2019-2024
Table 4: North America: Fire protection water storage tanks Market: Breakup by Country (in Millions US$), 2019-2024
Table 5: North America: Fire Protection Water Storage Tanks Market Forecast: Breakup by Size (in Million US$), 2019-2024
Table 6: North America: Fire Protection Water Storage Tanks Market Forecast: Breakup by Application (in Million US$), 2019-2024
Table 7: North America: Fire Protection Water Storage Tanks Industry: Competitive Structure
Table 8: North America: Fire Protection Water Storage Tanks Market: Key Players