- Concrete Tank
- Metal Tank
- Plastic Tank
- Fiber Glass Tank
- Commercial
- Residential
- Municipal
- Industrial
- ZCL Composites Inc
- CST Industries, Inc
- Tank Connection
- Schumann Tank
- UIG
- DN Tanks
- American Tank Company
- Crom Corporation
- Chicago Bridge & Iron Company N.V. (CB&I)
- Caldwell Tanks
- Maguire Iron Inc
- Snyder Industries Inc
- Norwesco Industries
- Promax Plastics
- Containment Solutions, Inc
- China
- Japan
- India
- South East Asia
- Market Forecast for 2024-2030
- Market growth drivers
- Challenges and Opportunities
- Emerging and Current market trends
- Market player Capacity, Production, Revenue (Value)
- Supply (Production), Consumption, Export, Import analysis
- End user/application Analysis
Asia-Pacific Water Tank Market Analysis & Forecast 2024-2030
Asia-Pacific Water Tank Market Report by Product Type (Concrete Tank, Metal Tank, Plastic Tank, Fiber Glass Tank) by Application / End User (Commercial, Residential, Municipal, Industrial) by Industry Analysis, Volume, Share, Growth, Challenges, Trends and Forecast 2024-2030, Regional Outlook ( North America, Europe, Asia-Pacific, Middle-East, Africa)
Global Asia-Pacific Water Tank Market is expected to reach USD 12296.40 million by 2031 with CAGR of 10.1 % between 2025 and 2031
Asia-Pacific Water Tank Market is expected to reach CAGR of 10.12 % from 2024 to 2030. A water tank is a container which is used for preserving water. Water tanks are used to provide storage of water. It is used in many applications like drinking water, irrigation agriculture, fire suppression, agricultural farming, both for plants and livestock, chemical manufacturing, food preparation and many others. Factors for rise in the water tank market is increase in population and scarcity of water is increasing day by day in Asia –pacific. The water tank Play important role in preserving the rainwater as well.
Water Tank Market is segmented into Concrete Tank, Metal Tank, Plastic Tank, Fiber Glass Tank. Concrete water tanks and ferro-cement water tanks are generally strong and long-lasting. They are very heavy, and difficult to handle. 5000G tank would weigh about 8 tonnes. Concrete water tanks are most often installed underground however smaller tanks are available for above ground. It is more durable as compared to the plastic water tank. If properly maintained, it can last for several years. It keeps water cold and clean as compared to the plastic water tank. It is easy to clean as compared to the plastic water tank.
Among the various end-use industries, the municipal segment held the largest share of the Asia Pacific water storage systems market. Major user of the water tank is Municipal, they are responsible for the distribution and supply of water to cities, towns, and domestic & public service enterprises. The huge distribution network of municipal consists of water storage systems to store as well as deliver water when needed. Growing population and urbanization has led to the municipal to be major user of the water tank.
Due to growing water demand in day-to-day life Water Tank Market is rising at a faster rate. Asia pacific accounts for the largest market share. China accounts for the major share followed by Japan, South Korea, Taiwan, India. Water scarcity and the depleting groundwater resources in the Asia pacific will also drive the water storage systems market in the countries.
Asia-Pacific Water Tank Market: Product Type
Asia-Pacific Water Tank Market: End Users/Application Analysis
Asia-Pacific Water Tank Market : Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study consists of following key players in Asia-Pacific Water Tank Market:
Geographical analysis of Asia-Pacific Water Tank Market:
Global Asia-Pacific Water Tank Market Report delivers a comprehensive analysis of the following parameters:
Report Coverage
| Parameters | Details |
|---|---|
Base Year |
2024 |
Historical Data |
2018-2023 |
Forecast Data |
2024-2030 |
Base Year Value (2024) |
USD 6269.99 million |
Forecast Value (2031) |
USD 12296.40 million |
CAGR (2025-2030) |
10.1 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Frequently Asked Questions (FAQ)
Asia-Pacific Water Tank Market was valued at around USD 6269.99 million in 2023 & estimated to reach USD 12296.40 million by 2030.
Asia-Pacific Water Tank Market is likely to grow at Compound Annual Growth Rate (CAGR) of 10.1% between 2024 to 2030.
Asia-Pacific Water Tank Market is dominated by the Residential segment and the China region holds the highest market share in 2023.
Some of the top key players in the Asia-Pacific Water Tank Market are ZCL Composites Inc, CST Industries, Inc, Tank Connection, Schumann Tank, UIG, DN Tanks, American Tank Company, Crom Corporation, Chicago Bridge & Iron Company N.V. (CB&I), Caldwell Tanks, Maguire Iron Inc, Snyder Industries Inc, Norwesco Industries, Promax Plastics, Containment Solutions, Inc.
Primary driving factors for the growth of the Asia-Pacific Water Tank Market include Water scarcity and the depleting groundwater resources in the region along with high population.
Yes, the report includes COVID 19 impact on the market.
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