The Asia Pacific Water Storage System Market would witness market growth of 8.2% CAGR during the forecast period (2022-2028).
The increasing water use constraints and water scarcity in many regions have propelled the use of storage tanks across the residential sectors. More residences are now adopting water use minimization and storage solutions because of the growing awareness about the decreasing replenishing abilities of water bodies.
Consequently, manufacturers have started producing residence-appropriate storage tanks. Additionally, a number of top producers are concentrating on boosting the aesthetic attractiveness of their product variations. They are offering water storage systems that can withstand toxins found in water as well as extreme weather conditions like high temperatures and earthquake loads. These are expected to increase demand for such systems in the domestic segment over the next few years.
Additionally, it is projected that growing water conservation concerns due to a lack of drinkable water will positively affect the market. The increase in population has also expedited the demand for potable water in both urban and rural areas. This demand is also raised by the growing number of industrial and commercial sectors. Potable water requirement in commercial buildings, including hotels, restaurants, malls & complexes, schools, warehouses, shops, and government buildings, is also anticipated to increase as the population grows.
Many East Asian nations in the region have established advanced water delivery and treatment systems, which have helped them in securing economic water security, similar to many developed countries. However, despite the many developments of the region across many industries, approximately 1.5 billion of the rural population and 0.6 billion of the urban population still do not receive an adequate supply of water and sanitation facilities. Policies like Clean India Mission in India are greatly helping the water distribution and preservation programs and schemes in the nation. Similar efforts throughout the region have expedited the development and expansion of the water storage system market in the region.
The China market dominated the Asia Pacific Water Storage System Market by Country in 2021; thereby, achieving a market value of $3,170 million by 2028. The Japan market is registering a CAGR of 7.5% during (2022 - 2028). Additionally, The India market is would showcase a CAGR of 8.9% during (2022 - 2028).
Based on Application, the market is segmented into Hydraulic Fracture Storage & Collection, Potable Water Storage Systems, Rainwater Harvesting & Collection, Fire Suppression Reserve & Storage, Onsite Water & Wastewater Collection and Others. Based on End Use, the market is segmented into Municipal, Industrial, Commercial and Residential. Based on Material, the market is segmented into Concrete, Steel, Fiberglass, Plastic and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Water Storage System Market is Projected to reach USD 27.8 Billion by 2028, at a CAGR of 7.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include CST Industries, Inc., Superior Tank Co., Inc., Ag Growth International, Inc., American Tank Company, Inc. (BH Tanks), McDermott International, Ltd., Fiber Technology Corporation, Maguire Iron, Inc., Preload LLC and Containment Solutions, Inc. (NOV, Inc.)
Scope of the Study
Market Segments Covered in the Report:
By Application
- Hydraulic Fracture Storage & Collection
- Potable Water Storage Systems
- Rainwater Harvesting & Collection
- Fire Suppression Reserve & Storage
- Onsite Water & Wastewater Collection
- Others
By End Use
- Municipal
- Industrial
- Commercial
- Residential
By Material
- Concrete
- Steel
- Fiberglass
- Plastic
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- CST Industries, Inc.
- Superior Tank Co., Inc.
- Ag Growth International, Inc.
- American Tank Company, Inc. (BH Tanks)
- McDermott International, Ltd.
- Fiber Technology Corporation
- Maguire Iron, Inc.
- Preload LLC
- Containment Solutions, Inc. (NOV, Inc.)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Water Storage System Market, by Application
1.4.2 Asia Pacific Water Storage System Market, by End Use
1.4.3 Asia Pacific Water Storage System Market, by Material
1.4.4 Asia Pacific Water Storage System Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Water Storage System Market by Application
3.1 Asia Pacific Hydraulic Fracture Storage & Collection Market by Country
3.2 Asia Pacific Potable Water Storage Systems Market by Country
3.3 Asia Pacific Rainwater Harvesting & Collection Market by Country
3.4 Asia Pacific Fire Suppression Reserve & Storage Market by Country
3.5 Asia Pacific Onsite Water & Wastewater Collection Market by Country
3.6 Asia Pacific Others Market by Country
Chapter 4. Asia Pacific Water Storage System Market by End Use
4.1 Asia Pacific Municipal Market by Country
4.2 Asia Pacific Industrial Market by Country
4.3 Asia Pacific Commercial Market by Country
4.4 Asia Pacific Residential Market by Country
Chapter 5. Asia Pacific Water Storage System Market by Material
5.1 Asia Pacific Concrete Market by Country
5.2 Asia Pacific Steel Market by Country
5.3 Asia Pacific Fiberglass Market by Country
5.4 Asia Pacific Plastic Market by Country
5.5 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Water Storage System Market by Country
6.1 China Water Storage System Market
6.1.1 China Water Storage System Market by Application
6.1.2 China Water Storage System Market by End Use
6.1.3 China Water Storage System Market by Material
6.2 Japan Water Storage System Market
6.2.1 Japan Water Storage System Market by Application
6.2.2 Japan Water Storage System Market by End Use
6.2.3 Japan Water Storage System Market by Material
6.3 India Water Storage System Market
6.3.1 India Water Storage System Market by Application
6.3.2 India Water Storage System Market by End Use
6.3.3 India Water Storage System Market by Material
6.4 South Korea Water Storage System Market
6.4.1 South Korea Water Storage System Market by Application
6.4.2 South Korea Water Storage System Market by End Use
6.4.3 South Korea Water Storage System Market by Material
6.5 Singapore Water Storage System Market
6.5.1 Singapore Water Storage System Market by Application
6.5.2 Singapore Water Storage System Market by End Use
6.5.3 Singapore Water Storage System Market by Material
6.6 Malaysia Water Storage System Market
6.6.1 Malaysia Water Storage System Market by Application
6.6.2 Malaysia Water Storage System Market by End Use
6.6.3 Malaysia Water Storage System Market by Material
6.7 Rest of Asia Pacific Water Storage System Market
6.7.1 Rest of Asia Pacific Water Storage System Market by Application
6.7.2 Rest of Asia Pacific Water Storage System Market by End Use
6.7.3 Rest of Asia Pacific Water Storage System Market by Material
Chapter 7. Company Profiles
7.1 Containment Solutions, Inc. (NOV, Inc.)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.2 Ag Growth International, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Recent strategies and developments:
7.2.1.1 Acquisition and Mergers:
7.3 CST Industries, Inc.
7.3.1 Company Overview
7.4 Superior Tank Co., Inc.
7.4.1 Company Overview
7.5 American Tank Company, Inc. (BH Tanks)
7.5.1 Company Overview
7.6 McDermott International, Ltd.
7.6.1 Company Overview
7.7 Fiber Technology Corporation
7.7.1 Company Overview
7.8 Maguire Iron, Inc.
7.8.1 Company Overview
7.9 Preload LLC
7.9.1 Company Overview
TABLE 1 Asia Pacific Water Storage System Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Water Storage System Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Water Storage System Market by Application, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Water Storage System Market by Application, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Hydraulic Fracture Storage & Collection Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Hydraulic Fracture Storage & Collection Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Potable Water Storage Systems Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Potable Water Storage Systems Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Rainwater Harvesting & Collection Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Rainwater Harvesting & Collection Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Fire Suppression Reserve & Storage Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Fire Suppression Reserve & Storage Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Onsite Water & Wastewater Collection Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Onsite Water & Wastewater Collection Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Water Storage System Market by End Use, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Water Storage System Market by End Use, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Municipal Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Municipal Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Industrial Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Industrial Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Commercial Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Commercial Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Residential Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Residential Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Water Storage System Market by Material, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Water Storage System Market by Material, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Concrete Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Concrete Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Steel Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Steel Market by Country, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Fiberglass Market by Country, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Fiberglass Market by Country, 2022 - 2028, USD Million
TABLE 35 Asia Pacific Plastic Market by Country, 2018 - 2021, USD Million
TABLE 36 Asia Pacific Plastic Market by Country, 2022 - 2028, USD Million
TABLE 37 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 38 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 39 Asia Pacific Water Storage System Market by Country, 2018 - 2021, USD Million
TABLE 40 Asia Pacific Water Storage System Market by Country, 2022 - 2028, USD Million
TABLE 41 China Water Storage System Market, 2018 - 2021, USD Million
TABLE 42 China Water Storage System Market, 2022 - 2028, USD Million
TABLE 43 China Water Storage System Market by Application, 2018 - 2021, USD Million
TABLE 44 China Water Storage System Market by Application, 2022 - 2028, USD Million
TABLE 45 China Water Storage System Market by End Use, 2018 - 2021, USD Million
TABLE 46 China Water Storage System Market by End Use, 2022 - 2028, USD Million
TABLE 47 China Water Storage System Market by Material, 2018 - 2021, USD Million
TABLE 48 China Water Storage System Market by Material, 2022 - 2028, USD Million
TABLE 49 Japan Water Storage System Market, 2018 - 2021, USD Million
TABLE 50 Japan Water Storage System Market, 2022 - 2028, USD Million
TABLE 51 Japan Water Storage System Market by Application, 2018 - 2021, USD Million
TABLE 52 Japan Water Storage System Market by Application, 2022 - 2028, USD Million
TABLE 53 Japan Water Storage System Market by End Use, 2018 - 2021, USD Million
TABLE 54 Japan Water Storage System Market by End Use, 2022 - 2028, USD Million
TABLE 55 Japan Water Storage System Market by Material, 2018 - 2021, USD Million
TABLE 56 Japan Water Storage System Market by Material, 2022 - 2028, USD Million
TABLE 57 India Water Storage System Market, 2018 - 2021, USD Million
TABLE 58 India Water Storage System Market, 2022 - 2028, USD Million
TABLE 59 India Water Storage System Market by Application, 2018 - 2021, USD Million
TABLE 60 India Water Storage System Market by Application, 2022 - 2028, USD Million
TABLE 61 India Water Storage System Market by End Use, 2018 - 2021, USD Million
TABLE 62 India Water Storage System Market by End Use, 2022 - 2028, USD Million
TABLE 63 India Water Storage System Market by Material, 2018 - 2021, USD Million
TABLE 64 India Water Storage System Market by Material, 2022 - 2028, USD Million
TABLE 65 South Korea Water Storage System Market, 2018 - 2021, USD Million
TABLE 66 South Korea Water Storage System Market, 2022 - 2028, USD Million
TABLE 67 South Korea Water Storage System Market by Application, 2018 - 2021, USD Million
TABLE 68 South Korea Water Storage System Market by Application, 2022 - 2028, USD Million
TABLE 69 South Korea Water Storage System Market by End Use, 2018 - 2021, USD Million
TABLE 70 South Korea Water Storage System Market by End Use, 2022 - 2028, USD Million
TABLE 71 South Korea Water Storage System Market by Material, 2018 - 2021, USD Million
TABLE 72 South Korea Water Storage System Market by Material, 2022 - 2028, USD Million
TABLE 73 Singapore Water Storage System Market, 2018 - 2021, USD Million
TABLE 74 Singapore Water Storage System Market, 2022 - 2028, USD Million
TABLE 75 Singapore Water Storage System Market by Application, 2018 - 2021, USD Million
TABLE 76 Singapore Water Storage System Market by Application, 2022 - 2028, USD Million
TABLE 77 Singapore Water Storage System Market by End Use, 2018 - 2021, USD Million
TABLE 78 Singapore Water Storage System Market by End Use, 2022 - 2028, USD Million
TABLE 79 Singapore Water Storage System Market by Material, 2018 - 2021, USD Million
TABLE 80 Singapore Water Storage System Market by Material, 2022 - 2028, USD Million
TABLE 81 Malaysia Water Storage System Market, 2018 - 2021, USD Million
TABLE 82 Malaysia Water Storage System Market, 2022 - 2028, USD Million
TABLE 83 Malaysia Water Storage System Market by Application, 2018 - 2021, USD Million
TABLE 84 Malaysia Water Storage System Market by Application, 2022 - 2028, USD Million
TABLE 85 Malaysia Water Storage System Market by End Use, 2018 - 2021, USD Million
TABLE 86 Malaysia Water Storage System Market by End Use, 2022 - 2028, USD Million
TABLE 87 Malaysia Water Storage System Market by Material, 2018 - 2021, USD Million
TABLE 88 Malaysia Water Storage System Market by Material, 2022 - 2028, USD Million
TABLE 89 Rest of Asia Pacific Water Storage System Market, 2018 - 2021, USD Million
TABLE 90 Rest of Asia Pacific Water Storage System Market, 2022 - 2028, USD Million
TABLE 91 Rest of Asia Pacific Water Storage System Market by Application, 2018 - 2021, USD Million
TABLE 92 Rest of Asia Pacific Water Storage System Market by Application, 2022 - 2028, USD Million
TABLE 93 Rest of Asia Pacific Water Storage System Market by End Use, 2018 - 2021, USD Million
TABLE 94 Rest of Asia Pacific Water Storage System Market by End Use, 2022 - 2028, USD Million
TABLE 95 Rest of Asia Pacific Water Storage System Market by Material, 2018 - 2021, USD Million
TABLE 96 Rest of Asia Pacific Water Storage System Market by Material, 2022 - 2028, USD Million
TABLE 97 Key Information – Containment Solutions, Inc.
TABLE 98 Key Information – Ag Growth International, Inc.
TABLE 99 Key Information – CST Industries, Inc.
TABLE 100 Key Information – Superior Tank Co., Inc.
TABLE 101 Key Information – American Tank Company, Inc.
TABLE 102 Key Information – McDermott International, Ltd.
TABLE 103 Key Information – Fiber Technology Corporation
TABLE 104 Key Information – Maguire Iron, Inc.
TABLE 105 Key Information – Preload LLC
List of Figures
FIG 1 Methodology for the research