Water Storage Systems Market : Competitive Analysis and Global Outlook 2021-2026

July 20, 2021

Stratview Research announces the launch of a new research report on the Water Storage Systems Market is Segmented by Material Type (Concrete, Steel, Plastic, Fiberglass, and Others [Collapsible Tanks, Wood Tanks, and Open-Lined Pits]), by Application Type (Hydraulic Fracture Storage & Collection, Onsite Water & Wastewater Collection, Potable Water Storage System, Fire Suppression Reserve & Storage, Rainwater Harvesting & Collection, and Others [Irrigation, Secondary Containment Systems, and Marine Applications]),  by End-Use Industry Type (Municipal, Industrial, Commercial, and Residential), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

The report calculates the short- and long-term ramifications of the COVID-19 pandemic on Water Storage Systems Market consumption at the global, regional, and nation scales. The report also compares pre-COVID and post-COVID scenarios to evaluate the potential loss to the industry. The vital data provided in the report can play a crucial role for market participants as well as investors in formulating short-term as well as long-term growth strategies.

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Report Features                           

The report delivers a detailed view of the industry based on Water Storage Systems Market  size, market growth, and opportunities. The report also analyses market key aspects such as-

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Covid-19 Impact analysis.
• Market environment analysis: Growth drivers and constraints, and SWOT analysis.
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players

Highlights from the Report

Water storage systems market is likely to witness an impressive CAGR of 5.1% during the forecast period. Rapid growing urbanization along with imposition of stringent regulations for conservation of water is the major key driver that is contributing to the demand for water storage systems, globally.

Regional Analysis:

In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing market for water storage systems during the forecast period, with China, Japan, India, and Australia being the major countries with lucrative growth opportunities. The growth of the market is driven by the increasing government initiatives to conserve water as well as rapidly growing industrial, commercial, and residential developments in emerging economies of the region. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

According to the report, the key players of the market are –

• CST Industries, Inc.
• ZCL Composites, Inc.
• Synalloy Corporation
• AG Growth International Inc.
• Grupo Rotoplas S.A.B. De C.V.
• Mcdermott International, Inc.
• BH Tank
• Fiber Technology Corporation
• Caldwell Tanks
• Containment Solutions Inc.
• Maguire Iron Inc.
• Snyder Industries
• Crom Corporation
• Tank Connection
• Contain Enviro Services Ltd.
• HMT LLC
• DN Tanks
• Hendic Bv
• Sintex Plastics
• Technology Limited
• Balmoral Tanks Limited

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Author : Meha Prasad