The Storage Tank Global Market Report 2023 by The Business Research Company, provides storage tank market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
Learn More On The Storage Tank Market:
https://www.thebusinessresearchcompany.com/report/storage-tank-global-market-report
According to The Business Research Company’s Storage Tank Global Market Report 2023, the market size will grow from $14.22 billion in 2022 to $15.16 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global storage tank is expected to grow to $19.55 billion in 2027 at a CAGR of 6.6%.
Increasing water scarcity in several regions is the key factor driving the storage tank market going forward. Water scarcity limits access to safe water for drinking and for practising basic hygiene at home, in schools, and in healthcare facilities. Storage tanks are used to store water and make it accessible for multiple uses, including drinking, irrigation, fire suppression, and others
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample_request?id=6922&type=smp
The storage tank market is segmented:
1) By Type: Aboveground Storage Tanks, Underground Storage Tanks
2) By Material: Steel, Concrete, Polyethylene, Other Materials
3) By Application: Petroleum Industry, Chemical Industry, Grain and Oil Industry, Food Industry, Other Applications
Product innovations are a key trend gaining popularity within the storage tank market. Companies operating in the storage tank market are developing new products to strengthen their position in the market. For instance, in November 2020, Eddyfi Technologies, the world leader in advanced non-destructive testing solutions operating in storage tanks, launched its new FloormapX, a patented magnetic flux leakage array tank floor scanner. The tank floor scanner helps in ensuring the safety and integrity of storage tanks and prevents leakage and decontamination.
The storage tank market report table of contents includes:
1. Executive Summary
2. Storage Tank Market Characteristics
3. Storage Tank Market Trends And Strategies
4. Storage Tank Market – Macro Economic Scenario
5. Storage Tank Market Size And Growth
.
.
.
26. Africa Storage Tank Market
27. Storage Tank Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Storage Tank Market
29. Storage Tank Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- McDermott (US)
- CST Industries (US)
- PermianLide (US)
- Fox Tank Company (US)
- Highland Tank & Manufacturing Company Inc., (US)
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
