Water Tank Market is valued at approximately USD 14.53 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 3.80% over the forecast period 2020-2027. Water storage tank are generally made up of polyethylene, steel, or fiber glass highly durable light weight and are best alternative for water storage methods. The tanks are used to store rain water, water for construction, irrigation, indoor house use and others. With growing population, the demand for portable water is also growing. For instance, according to WHO (world Health organization) In 2017, (71%) of the global population (5.3 billion people) used a safely managed drinking-water service - that is, one located on premises, available when needed, and free from contamination. Therefore, this factor may strengthen the adoption for water storage tank market across the globe. Moreover, the application for water tanks in areas such as agriculture, construction and aquaculture around the world are the few factors responsible for the CAGR of the market during the forecast period. However, as plastic alter the properties of water tanks due to water safety with plastic tanks is one of the factors that restraining the market growth over the forecast period of 2020-2027.
The regional analysis of the global Asphalt Plant market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share owing to high population and rise in the construction. Whereas North America is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027.
Major market player included in this report are:
MARINI
Ammann
Lintec
Wirtgen
Astec
Nikko
Sany
Tietuo Machinery
XRMC
Roady
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By material:
Concrete
Steel
Plastic
Fiberglas
Others
By Application:
Rainwater Harvesting & Collection
Fire Suppression Reserve & Storage
On-site Water & Wastewater Collection
Hydraulic Fracture Storage & Collection
By storage type
Less than 5,000 Liters
5,001 to 50,000 Liters
50,001 to 250,000 Liter
By end use
Municipal
Industrial
Commercial
Residential
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2017, 2018
Base year - 2019
Forecast period - 2020 to 2027
Target Audience of the Global Asphalt Plant Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
