Market Insight: Water Storage Tank Market to Reach $14 Billion by 2023

Lucintel has announced the launch of a market research report entitled “Growth Opportunities in the Global Water Storage Tank Industry.”
This market report for water storage tank identifies and predicts future opportunities for growth in the global water storage tank industry for various segments and for the various regions of North America, Europe, Asia Pacific, and the Rest of the World. It also identifies growth opportunities for water storage tank in commercial, municipal, industrial, and residential sectors.
According to our market report, the global water storage tank market is expected to reach an estimated $14 billion by 2023 with a CAGR of 3.8% from 2018 to 2023. Some of the dominant players in the global water storage tank market are McDermott International, Caldwell Tanks, Crom Corporation, Tank Connection, DN Tanks, Synalloy Corporation, Fiber Technology Corporation, ZCL Composites, Sintex Industries, and Superior Tank and others.
In the water storage tank market, commercial, municipal, industrial, and residential sectors are some of the major segments. On the basis of its comprehensive research, Lucintel forecasts that concrete water storage tank and fiberglass water tanks are expected to show above-average growth during the forecast period from 2018 to 2023.
To read more about this report, click below:
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