Lucintel's latest market report analyzed that plastic water storage tank provides attractive opportunities in the sectors of residential, commercial, industrial, and municipal. The plastic water storage tank market is expected to reach $1.5 billion by 2027 with a CAGR of 4.8%. In this market, polyethylene is the largest segment by polymer, whereas residential is largest by end use. The increasing demand for four layered water storage tanks for protection from bacteria and fungus provides strategic growth path in this market.
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Based on polymer, the plastic water storage tank market is segmented into polyethylene,
and PVC, and others. The polyethylene segment accounted for the largest share
of the market in 2021 and is expected to register the highest CAGR during the
forecast period, due to because it is exceptionally durable, light weight, and
cost effective.
Browse in-depth TOC on
“Plastic Water Storage Tank Market”
XX – Tables
XX – Figures
229 – Pages
The Plastic Water
Storage Tank Market is marked by the presence of several big and small players.
Some of the prominent players offering plastic water storage tank include Sintex,
Niplast, Plastic Proget European, Enduramaxx, Cotteril Civils, American Tank,
Protank, Nova Plastic Industries, and GHP Manufacturing.
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Brandon Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
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