Water Storage Systems Market Size, Share

Water Storage Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A3370

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Market Overview:

The global water storage systems market size reached US$ 16.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 23.5 Billion by 2028, exhibiting a growth rate (CAGR) of 6.3% during 2023-2028.

A water storage system stores excess water and makes it available during shortages or low supply. It is used in remote areas that do not have easy access to water resources. It is widely available in different sizes, ranging from rain barrels and water tanks to industrial reservoirs. Amongst these, water tanks are widely used for domestic and agriculture purposes. They help lower the risk of algae formation, reduce the need for chlorine treatment and minimize the overall maintenance costs. Presently, several manufacturers are offering advanced coatings, such as ceramic epoxy paints, in potable water storage tanks to expand their existing consumer base.

The growing dependence on agricultural food products, in confluence with the rising awareness about water conservation, represents one of the leading factors influencing the adoption of water storage systems. They are widely used in the agriculture sector for watering livestock, reducing erosion, and improving crop yields and production reliability. Additionally, as these systems provide secure access to water with reliable storage, they are increasingly being utilized in fire suppression water tanks and the mining industry. Other significant uses of large capacity water storage systems include energy generation for industrial and commercial sectors. Furthermore, several leading manufacturers are focusing on enhancing the aesthetic appeal of their product variants. They are also introducing water storage systems that resist water-borne chemicals and extreme environmental conditions like temperature and seismic loads, which is anticipated to escalate the demand for these systems in the residential sector in the coming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global water storage systems market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on material, application and end user.

Breakup by Material:

Concrete
Metal
Plastic
Fiberglass
Others

Breakup by Application:

Rainwater Harvesting and Collection
Fire Suppression Reserve and Storage
Portable Water Storage Systems
On-Site Water and Wastewater Collection
Hydraulic Fracture Storage and Collection
Others

Breakup by End User:

Municipal
Industrial
Commercial
Residential

Breakup by Region:

North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being AG Growth International Inc., Aqua Nishihara Corporation Limited, Balmoral Group Holdings Ltd., Caldwell Tanks Inc., Containment Solutions Inc. (National Oilwell Varco- NOV), CST Industries Inc., Dn Tanks Inc., Fiber Technology Corporation, McDermott International Inc., Sintex Plastics Technology Ltd., Snyder Industries LLC and Tank Connection L.L.C.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	US$ Billion
Segment Coverage	Material, Application, End User, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	AG Growth International Inc., Aqua Nishihara Corporation Limited, Balmoral Group Holdings Ltd., Caldwell Tanks Inc., Containment Solutions Inc. (National Oilwell Varco- NOV), CST Industries Inc., Dn Tanks Inc., Fiber Technology Corporation, McDermott International Inc., Sintex Plastics Technology Ltd., Snyder Industries LLC and Tank Connection L.L.C
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the global water storage systems market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global water storage systems market?
What are the key regional markets?
What is the breakup of the market based on the material?
What is the breakup of the market based on the application?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global water storage systems market and who are the key players?
What is the degree of competition in the industry?

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