Metal Tank Manufacturing in Canada - Industry Market Research Report
Metal Tank Manufacturing in Canada
Metal tank manufacturers produce and occasional install metal tanks that store various material, including grain, dairy, oil, gas, chemicals and water. Revenue has fallen over the five years to 2023, largely due to pandemic-related disruptions and inflation rising faster than industry volumes and prices. As the broader Canadian economy continues to slow, the industry performance will slide. Overall, industry revenue has dropped at a CAGR 4.9% to $1.2 billion over the five years to 2023, including a decrease of 5.3% in 2023 alone.
The Metal Tank Manufacturing industry in Canada manufactures metal tanks, vessels and other containers by cutting, forming and joining heavy gauge metals. Products include acetylene cylinders, cryogenic tanks, farm storage tanks, fermentation tanks, gas storage tanks, liquefied petroleum gas cylinders, oil storage tanks, septic tanks, storage tanks, water tanks and vats.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
ABOUT THIS INDUSTRY
Industry Definition Main Activities Similar Industries Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary Key External Drivers Current Performance Industry Outlook Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain Products & Services Demand Determinants Major Markets Markets International Trade Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration Key Success Factors Cost Structure Benchmarks Basis of Competition Barriers to Entry Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity Technology & Systems Revenue Volatility Regulation & Policy Industry Assistance