According to the recent study the plastic water storage tank market is projected to reach an estimated $2 billion by 2030 at a CAGR of 4% from 2023 to 2030. Growth in this market is primarily driven by growing construction activities and increasing concerns about water conservation.
A more than 150-page
report to understand trends, opportunities and forecast in plastic water
storage tank market by application (potable water, water conservation,
wastewater, industrial wastewater, fire protection, plumbing and engineering
solution), end use (residential, industrial, commercial, and municipal),
polymer (polyethylene, and PVC, and others) process (fresh and recycled), size
(less than 1,000 liters, 1,000 to 5,000 liters, and more than 5,000 liters)
type (aboveground and underground) and region (North America, Europe, Asia
Pacific, and the Rest of the World).
Lucintel forecasts that
polyethylene will remain the largest polymer segment and it is also expected to
witness the highest growth because it is exceptionally durable, light weight,
and cost effective.
Within the global
plastic water storage tank market, residential will remain the largest end use
industry due to increasing housing starts and growing population.
Download sample by clicking on plastic
water storage tank market.
In this market,
underground plastic water storage tanks are more predominant due to increasing
government regulation towards wastewater treatment and water conservation.
Asia Pacific will remain
the largest region. It is also expected to witness the highest growth over the
forecast period due to growing population and construction activities in this
region.
Sintex, Niplast, Plastic
Proget European, Enduramaxx, Cotteril Civils, American Tank, Protank, Nova
Plastic Industries, and GHP Manufacturing are the major suppliers in the plastic
water storage tank market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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