The Global Water Storage Systems Market research report is a complete study that summarises the most recent changes and advancements in the Water Storage Systems industry, with 2018 acting as the base year and the forecast year being 2020–2027. The analysis provides useful details on the market's size, share, sales channels, distribution system, market segmentation, consumer needs, industry trends, and potential for future growth. The research also looks at both the global and regional market growth. The paper examines the COVID-19 pandemic's implications on the market for Water Storage Systems and its key segments.

According to a recent estimate by Emergen Research, the market for water storage systems would likely reach a value of USD 24.36 billion by 2027. The market's expansion can be linked to people being more conscious of the need of drinking clean water and the scarcity of fresh water. The market for water shortage systems is expanding in part due to recycling of wastewater produced by various sectors. Water storage systems are being adopted more frequently by nations with harsh climatic conditions and a significant danger of drought. In the near future, farmers are anticipated to use water harvesting more frequently in order to decrease erosion, boost crop yields, and improve product reliability.

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Global Water Storage Systems Market Highlights:

• Regional demand estimation and forecast
• Product Mix Matrix
• R&D Analysis
• Cost-Benefit Analysis
• Pre-commodity pricing volatility
• Supply chain optimization analysis
• Technological updates analysis
• Raw Material Sourcing Strategy
• Competitive Analysis
• Mergers & Acquisitions
• Location Quotients Analysis
• Carbon Footprint Analysis
• Patent Analysis
• Vendor Management

Competitive Landscape:

The latest study provides an insightful analysis of the broad competitive landscape of the global Water Storage Systems market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Water Storage Systems market and pinpoint the fundamental growth trends.  

Key Companies Profiled in the Report are:

Synalloy Corporation, CST Industries, Inc., Mcdermott International, Inc., AG Growth International Inc., BH Tank, Caldwell Tanks, Sintex Plastics Technology Limited, Fiber Technology Corporation, Snyder Industries, Containment Solutions, Inc.

Key Parameters Analyzed in This Section:

• Company Profiles
• Gross Revenue
• Profit margins
• Product sales trends
• Product pricing
• Industry Analysis
• Sales & distribution channels

Regional Segmentation:

• North America
• Latin America
• Europe
• Middle East & Africa
• Asia Pacific

Key Points Covered in This Section:

• Regional contribution
• Estimated revenue generation
• Vital data and information about the consumption rate in all the leading regional segments
• An expected rise in market share
• Forecast growth in the overall consumption rate

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Key Highlights of Report

• In March 2019, AG Growth International, Inc. acquired Intellifarms, which provides technology-based products such as hardware and software for monitoring grain conditions during storage for growers and grain processors. The acquisition is expected to help AG Growth International; Inc. expand its controls, technology, and project management capabilities.
• The hydraulic fracture storage & collection segment held the largest market share of 39.1% in 2019. Increasing utilization of treated and fresh water in oil and gas refineries is expected to drive the segment during the forecast period.
• The fiberglass material segment is projected to expand at the most rapid CAGR of 6.7% during the forecast period. Anti-aging, safe, reliable, and fire-resistant nature of fiberglass and its long service life is boosting usage of fiberglass material-based water tanks in commercial and industrial sectors.
• The municipal segment accounted for the largest market share in 2019. Growing government initiatives regarding water conservation led by rising scarcity of water have driven utilization of water storage systems by municipalities.
• The Asia Pacific region is expected to be the most rapidly expanding region of the global market during the forecast period. Rapid urbanization and industrialization and increasing population in developing economies is driving the water storage systems market in the region.

Market Overview:

The report bifurcates the Water Storage Systems market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

• Application Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017–2027)
• Hydraulic Fracture Storage & Collection
• Rainwater Harvesting & Collection
• On-site Water & Wastewater Collection
• Potable Water Storage System
• Fire Suppression Reserve & Storage
• Others

• Material Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017–2027)
• Plastic
• Concrete
• Fiberglass
• Steel
• Others

• End-use Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017–2027)
• Commercial
• Municipal
• Residential
• Industrial

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Additional information offered by the report:

• Along with a complete overview of the global Cobots market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
• The report elaborates on the global Cobots market size and share governed by the major geographies.
• It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
• It further presents a detailed description of the company profiles of the key market contenders.

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