Water Storage Tanks Market: By Material Type, By Storage Capacity, By Installation Type, By Application, By End User and Region Forecast 2020-2031

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Water Storage Tanks Market Size, Share, Growth, Trends, and Global Industry Analysis: By Material Type (Fiberglass, Stainless Steel, Concrete, Polymer and Others), By Storage Capacity (Less than 5,000 Liters, 5,001 to 50,000 Liters, 50,001 to 250,000 Liters and Above 250,000 Liters), By Installation Type (Above Ground and Under Ground), By Application (Potable Water, Water Conservation, Wastewater, Industrial Wastewater, Fire Protection and Plumbing & Engineering Solution), By End User (Municipal, Industrial, Commercial and Residential) and Region Forecast 2020-2031

Water Storage Tanks Market size was valued at US$ 17.44 billion in 2024 and is expected to reach US$ 25.71 billion by 2031, growing at a significant CAGR of 5.7% from 2025-2031. Due to the increase in the population, rapid urbanization and industrialization rise in the water shortage in several regions has led to the widespread use of water storage tanks in the residential and non-residential sectors. In addition, population growth has led to increasing demand for drinking water in urban and rural regions. Rise in the awareness of the water conservation and growth in the technological advancement to the focus on recycled and reused water from the industrial sector boost the growth of the water storage tanks device market.

However, High cost of water storage tanks and installation & repair of water tanks are the major factors that hinder the growth of the market. This report gives comprehensive outlook on water storage tanks across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. This report gives historical, current, and future market sizes (US$ Mn) on the basis of Material type, Storage capacity, Installation type, Application, End user and region.

This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, This report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Key stakeholders of the market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global water storage tanks products. The market is surging owing to frequent acquisitions and launchings by the market players.

Key Developments:

In April 2019, CST Industries, Inc. partnered with Greatario Engineered Storage Systems to design and build bolted steel tanks and covers for liquid storage. It will help CST Industries to develop its Aqua store brand of storage tanks in the western regions of Canada.

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Water Storage Tanks Market Summary

Study Period

2025-2031

Base Year

2024

CAGR

5.7%

Largest Market

Asia-Pacific

Fastest Growing Market

North-America

Water Storage Tanks Market Dynamics

In the recent years, Due to increase in the usage of fresh water for various activities in the residential and industrial sectors which leads to increase the demand of water storage tanks. Water storage tanks which are used to conserve and store water to consume for long period of time or in water scarcity conditions. Increasing concerns about the shortage of ground water, the need for water conservation increases. This is estimated to boost the demand for industrial water storage tanks for water treatment and purification so water can be reuse.

Asia Pacific got significant share

Water Storage Tanks Market Regional Analysis

Asia Pacific accounted for larger revenue share in global market with considerable CAGR. The growth in this region can be attributed to increasing scarcity of water, inefficient recycling of industrial wastewater for reuse, rapidly increasing population & urbanization, increasing government emphasis for water conservation and reuse are some of the major key factors rising in the awareness of the conservation of water which boosting the market growth. In this region, countries like India are undergoing severe water scarcity thus, the demand for water storage systems is increasing. In North America, the expansion of the water storage tank market can also be attributed to the massive oil and gas production activities that require freshwater and also recycle & reuse.

Latin America

Europe

Asia Pacific

Middle East

North America

Water Storage Tanks Market Segmentation Analysis

Report Benchmarks	Details
Report Study Period	2025-2031
Market Size in 2024	US$ 17.44 billion
Market Size in 2031	US$ 25.71 billion
Market CAGR	5.7%
By Material Type	Fiberglass Stainless Steel Concrete Polymer Others
By Storage Capacity	Less than 5000 Liters 5001 to 50000 Liters 50001 to 250000 Liters Above 250000 Liters
By Installation Type	Above Ground Under Grounds
By Application	Potable Water Water Conservation Wastewater Industrial Wastewater Fire Protection Plumbing & Engineering Solution
By Region	North America (U.S., Canada) Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe) Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific) Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America) Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Key Features of the Report

The water storage tanks market report provides granular level information about the market size, regional market share, historic market (2020-2024), and forecast (2025-2031)
The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies.
The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
The report tracks recent innovations, key developments and startup's details that are actively working in the market.
The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario.
The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis.

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Frequently Asked Questions

The water storage tanks market size was valued at US$ 17.44 billion in 2024 and is projected to grow at a CAGR of 5.7% from 2025 to 2031.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

1.Executive Summary

2.Global Water Storage Tanks Market Introduction

2.1.Global Water Storage Tanks Market - Taxonomy

2.2.Global Water Storage Tanks Market - Definitions

2.2.1.Material Type

2.2.2.Storage Capacity

2.2.3.Installation Type

2.2.4.Application

2.2.5.Region

3.Global Water Storage Tanks Market Dynamics

3.1. Drivers

3.2. Restraints

3.3. Opportunities/Unmet Needs of the Market

3.4. Trends

3.5. Product Landscape

3.6. New Product Launches

3.7. Impact of COVID 19 on Market

4.Global Water Storage Tanks Market Analysis, 2020 - 2024 and Forecast 2025 - 2031

4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)

4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%)

4.3. Market Opportunity Analysis

5.Global Water Storage Tanks Market By Material Type, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)

5.1. Fiberglass

5.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)

5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.1.3. Market Opportunity Analysis

5.2. Stainless Steel

5.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)

5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.2.3. Market Opportunity Analysis

5.3. Concrete

5.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)

5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.3.3. Market Opportunity Analysis

5.4. Polymer

5.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)

5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.4.3. Market Opportunity Analysis

5.5. Others

5.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)

5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.5.3. Market Opportunity Analysis

6.Global Water Storage Tanks Market By Storage Capacity, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)

6.1. Less than 5000 Liters

6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)

6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.1.3. Market Opportunity Analysis

6.2. 5001 to 50000 Liters

6.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)

6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.2.3. Market Opportunity Analysis

6.3. 50001 to 250000 Liters

6.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)

6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.3.3. Market Opportunity Analysis

6.4. Above 250000 Liters

6.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)

6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.4.3. Market Opportunity Analysis

7.Global Water Storage Tanks Market By Installation Type, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)

7.1. Above Ground

7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)

7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.1.3. Market Opportunity Analysis

7.2. Under Grounds

7.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)

7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.2.3. Market Opportunity Analysis

8.Global Water Storage Tanks Market By Application , 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)

8.1. Potable Water

8.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)

8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.1.3. Market Opportunity Analysis

8.2. Water Conservation

8.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)

8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.2.3. Market Opportunity Analysis

8.3. Wastewater

8.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)

8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.3.3. Market Opportunity Analysis

8.4. Industrial Wastewater

8.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)

8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.4.3. Market Opportunity Analysis

8.5. Fire Protection

8.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)

8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.5.3. Market Opportunity Analysis

8.6. Plumbing & Engineering Solution

8.6.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)

8.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.6.3. Market Opportunity Analysis

9.Global Water Storage Tanks Market By Region, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)

9.1. North America

9.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)

9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

9.1.3. Market Opportunity Analysis

9.2. Europe

9.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)

9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

9.2.3. Market Opportunity Analysis

9.3. Asia Pacific (APAC)

9.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)

9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

9.3.3. Market Opportunity Analysis

9.4. Middle East and Africa (MEA)

9.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)

9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

9.4.3. Market Opportunity Analysis

9.5. Latin America

9.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)

9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

9.5.3. Market Opportunity Analysis

10.North America Water Storage Tanks Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)

10.1. Material Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

10.1.1.Fiberglass

10.1.2.Stainless Steel

10.1.3.Concrete

10.1.4.Polymer

10.1.5.Others

10.2. Storage Capacity Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

10.2.1.Less than 5000 Liters

10.2.2.5001 to 50000 Liters

10.2.3.50001 to 250000 Liters

10.2.4.Above 250000 Liters

10.3. Installation Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

10.3.1.Above Ground

10.3.2.Under Grounds

10.4. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

10.4.1.Potable Water

10.4.2.Water Conservation

10.4.3.Wastewater

10.4.4.Industrial Wastewater

10.4.5.Fire Protection

10.4.6.Plumbing & Engineering Solution

10.5. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

10.5.1.United States of America (USA)

10.5.2.Canada

11.Europe Water Storage Tanks Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)

11.1. Material Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

11.1.1.Fiberglass

11.1.2.Stainless Steel

11.1.3.Concrete

11.1.4.Polymer

11.1.5.Others

11.2. Storage Capacity Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

11.2.1.Less than 5000 Liters

11.2.2.5001 to 50000 Liters

11.2.3.50001 to 250000 Liters

11.2.4.Above 250000 Liters

11.3. Installation Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

11.3.1.Above Ground

11.3.2.Under Grounds

11.4. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

11.4.1.Potable Water

11.4.2.Water Conservation

11.4.3.Wastewater

11.4.4.Industrial Wastewater

11.4.5.Fire Protection

11.4.6.Plumbing & Engineering Solution

11.5. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

11.5.1.Germany

11.5.2.France

11.5.3.Italy

11.5.4.United Kingdom (UK)

11.5.5.Spain

12.Asia Pacific (APAC) Water Storage Tanks Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)

12.1. Material Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

12.1.1.Fiberglass

12.1.2.Stainless Steel

12.1.3.Concrete

12.1.4.Polymer

12.1.5.Others

12.2. Storage Capacity Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

12.2.1.Less than 5000 Liters

12.2.2.5001 to 50000 Liters

12.2.3.50001 to 250000 Liters

12.2.4.Above 250000 Liters

12.3. Installation Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

12.3.1.Above Ground

12.3.2.Under Grounds

12.4. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

12.4.1.Potable Water

12.4.2.Water Conservation

12.4.3.Wastewater

12.4.4.Industrial Wastewater

12.4.5.Fire Protection

12.4.6.Plumbing & Engineering Solution

12.5. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

12.5.1.China

12.5.2.India

12.5.3.Australia and New Zealand (ANZ)

12.5.4.Japan

12.5.5.Rest of APAC

13.Middle East and Africa (MEA) Water Storage Tanks Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)

13.1. Material Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

13.1.1.Fiberglass

13.1.2.Stainless Steel

13.1.3.Concrete

13.1.4.Polymer

13.1.5.Others

13.2. Storage Capacity Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

13.2.1.Less than 5000 Liters

13.2.2.5001 to 50000 Liters

13.2.3.50001 to 250000 Liters

13.2.4.Above 250000 Liters

13.3. Installation Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

13.3.1.Above Ground

13.3.2.Under Grounds

13.4. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

13.4.1.Potable Water

13.4.2.Water Conservation

13.4.3.Wastewater

13.4.4.Industrial Wastewater

13.4.5.Fire Protection

13.4.6.Plumbing & Engineering Solution

13.5. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

13.5.1.GCC Countries

13.5.2.South Africa

13.5.3.Rest of MEA

14.Latin America Water Storage Tanks Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)

14.1. Material Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

14.1.1.Fiberglass

14.1.2.Stainless Steel

14.1.3.Concrete

14.1.4.Polymer

14.1.5.Others

14.2. Storage Capacity Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

14.2.1.Less than 5000 Liters

14.2.2.5001 to 50000 Liters

14.2.3.50001 to 250000 Liters

14.2.4.Above 250000 Liters

14.3. Installation Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

14.3.1.Above Ground

14.3.2.Under Grounds

14.4. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

14.4.1.Potable Water

14.4.2.Water Conservation

14.4.3.Wastewater

14.4.4.Industrial Wastewater

14.4.5.Fire Protection

14.4.6.Plumbing & Engineering Solution

14.5. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%)

14.5.1.Brazil

14.5.2.Mexico

14.5.3.Rest of LA

15. Competition Landscape

15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis)

15.2.1.AG Growth International Inc.

15.2.2.BH Tank

15.2.3.Caldwell Tanks

15.2.4.Contain Enviro Services Ltd.

15.2.5.Containment Solutions Inc.

15.2.6.Crom Corporation

15.2.7.CST Industries, Inc.

15.2.8.DN Tanks

15.2.9.Fiber Technology Corporation

15.2.10.Grupo Rotoplas S.A.B. De C.V.

15.2.11.HMT LLC

15.2.12.Maguire Iron Inc.

15.2.13.Mcdermott International, Inc.

15.2.14.Snyder Industries

15.2.15.Synalloy Corporation

15.2.16.Tank Connection

15.2.17.ZCL Composites, Inc.

16. Research Methodology

17. Appendix and Abbreviations

Key Market Players

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

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