New Research: Lucintel Predicts a Bright Future for the Plastic Water Storage Tank Market

Did you know that Lucintel recently published a market research report entitled “Growth Opportunities in the Global Plastic Water Storage Tank Industry”?

This market report for plastic water storage tank identifies and predicts future opportunities for growth in global plastic water storage tank industry for various segments as well as for various regions such as North America, Europe, Asia Pacific, and the Rest of the World. It also identifies growth opportunities for plastic water storage tank in the residential, commercial, industrial, and municipal.

According to Lucintel’s market report, the global plastic water storage tank market is expected to reach an estimated $1.3 billion by 2024 with a CAGR of 3.4% from 2019 to 2024. Some of the dominant players in the global plastic water storage tank market are Sintex, Niplast, Plastic Proget European, Enduramaxx, Cotteril Civil, American Tank, Protank, Nova Plastic Industry, GHP Manufacturing, and Protank and others.

There are some interesting developments in global plastic water storage tank market as competition heats up and players try to increase their market share. Some of the emerging trends shaping the market dynamics include the increasing demand for four layered water storage tanks for protection from bacteria and fungus.

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