The global Water Storage Systems industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The global water storage systems market is likely to reach value of USD 24.36 Billion by 2027, according to a current analysis by Emergen Research. This growth of the market can be attributed to rising awareness regarding scarcity of fresh water and consumption of clean drinking water. Recycling of the wastewater generated through industries is also contributing to growth of the water shortage systems market. Countries facing severe climatic conditions and a high risk of drought are increasingly adopting water storage systems. Rising utilization of water harvesting by farmers to reduce erosion and increase crop yields and product reliability is expected to drive the water storage systems market in the near future. Rising demand for treated water in oil and gas refineries and growth in oil gas exploration activities globally are likely to offer lucrative opportunities for major market players in the water storage systems market in the near future.
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Competitive Outlook: The leading companies operating in the Water Storage Systems market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Water Storage Systems Market and Profiled in the Report are:
Synalloy Corporation, CST Industries, Inc., Mcdermott International, Inc., AG Growth International Inc., BH Tank, Caldwell Tanks, Sintex Plastics Technology Limited, Fiber Technology Corporation, Snyder Industries, Containment Solutions, Inc.
Objectives of the Report:
- Study of the global Water Storage Systems market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
- Industrial structure analysis of the Water Storage Systems market by identification of various sub-segments
- Extensive analysis of key market players along with their SWOT analysis
- Competitive landscape benchmarking
- Analysis of Water Storage Systems market based on growth trends, futuristic outlook, and contribution to the total growth of the market
- Analysis of drivers, constraints, opportunities, challenges, and risks in the global Water Storage Systems market
- Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
Application Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017–2027)
- Hydraulic Fracture Storage Collection
- Rainwater Harvesting Collection
- On-site Water Wastewater Collection
- Potable Water Storage System
- Fire Suppression Reserve Storage
- Others
Material Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017–2027)
- Plastic
- Concrete
- Fiberglass
- Steel
- Others
End-use Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017–2027)
- Commercial
- Municipal
- Residential
- Industrial
Water Storage Systems Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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