North America Fire Protection Water Storage Tanks Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The North America fire protection water storage tanks market size reached US$ 301.9 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 479.1 Million by 2028, exhibiting a growth rate (CAGR) of 7.5% during 2023-2028.
Water storage tanks help in supplying water to fire sprinkler systems, in part or in whole. These include warehouses with high-piled storage, aircraft hangers, and high-rise buildings located in earthquake-prone areas that need a secondary water supply. Fire suppression storage tanks create a dedicated location for a particular volume of water which can be utilized by fire departments to supplement or act as the main source of water during fire suppression. In areas where water is either scarce or not connected to a municipal supply, fire suppression tanks are able to supply the critical water needed for fire protection.
With rapid technological advancements and product innovations, the market for water storage tanks has gained traction across North America. The future of the North American water storage tanks market looks promising with opportunities in commercial, municipal, industrial, and residential sectors. Water storage tanks for fire protection have been exhibiting growth in recent years as technology has advanced, processes have evolved, and standards have become more rigorous resulting in increased flexibility, greater durability and lower costs. Furthermore, the construction of warehouses, hotels and offices are witnessing healthy growth rates, which is also expected to stimulate the growth of the fire protection water storage tanks market in North America in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the North America fire protection water storage tanks market report, along with forecasts at the regional and country levels from 2023-2028. Our report has categorized the market based on material type, coating type, size and application.
Breakup by Material Type:
Steel
Steel Welded
Steel Bolted
Fiberglass
Others
Breakup by Coating Type:
Epoxy
Glass-Fused-To-Steel
Others
Breakup by Size:
100,000-250,000 Gallons
50,000-100,000 Gallons
25,000-50,000 Gallons
>250,000 Gallons
<25,000 Gallons
Breakup by Application:
Commercial
Large Warehouses
Shopping Centers
Hospitals
Office Buildings
Others
Industrial
Residential
Breakup by Country:
United States
Canada
Competitive Landscape:
The report has also examined the competitive landscape of the North America fire protection water storage tanks market. Some of the major players include: Superior Tank Co. Inc, Tank Connection LLC, T.F. Warren Group Inc, CST Industries Inc., National Storage Tank Inc., Fisher Tank Company, DN Tanks Inc., Gulf Coast Tank and Construction Co., Pittsburg Tank & Tower Co Inc, etc.
Key Questions Answered in This Report
1. How big is the North America fire protection water storage tanks market?
2. What is the expected growth rate of the North America fire protection water storage tanks market during 2023-2028?
3. What are the key factors driving the North America fire protection water storage tanks market?
4. What has been the impact of COVID-19 on the North America fire protection water storage tanks market?
5. What is the breakup of the North America fire protection water storage tanks market based on the material type?
6. What is the breakup of the North America fire protection water storage tanks market based on the coating type?
7. What is the breakup of the North America fire protection water storage tanks market based on the size?
8. What is the breakup of the North America fire protection water storage tanks market based on the application?
9. What are the key regions in the North America fire protection water storage tanks market?
10. Who are the key players/companies in the North America fire protection water storage tanks market?
- 1 Preface
- 2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
- 5 North America Fire Protection Water Storage Tanks Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
- 6 Market Breakup by Material Type
- 6.1 Steel
- 6.1.1 Market Trends
- 6.1.2 Market Breakup by Type
- 6.1.2.1 Steel Welded
- 6.1.2.1.1 Market Trends
- 6.1.2.1.2 Market Forecast
- 6.1.2.2 Steel Bolted
- 6.1.2.2.1 Market Trends
- 6.1.2.2.2 Market Forecast
- 6.1.3 Market Forecast
- 6.2 Fiberglass
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Others
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 7 Market Breakup by Coating Type
- 7.1 Epoxy
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Glass-Fused-To-Steel
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Others
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 8 Market Breakup by Country
- 8.1 United States
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Canada
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 9 Market Breakup by Size
- 9.1 100,000-250,000 Gallons
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 50,000-100,000 Gallons
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 25,000-50,000 Gallons
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 >250,000 Gallons
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 <25,000 Gallons
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
- 10 Market Breakup by Application
- 10.1 Commercial
- 10.1.1 Market Trends
- 10.1.2 Market Breakup by Type
- 10.1.2.1 Large Warehouses
- 10.1.2.1.1 Market Trends
- 10.1.2.1.2 Market Forecast
- 10.1.2.2 Shopping Centers
- 10.1.2.2.1 Market Trends
- 10.1.2.2.2 Market Forecast
- 10.1.2.3 Hospitals
- 10.1.2.3.1 Market Trends
- 10.1.2.3.2 Market Forecast
- 10.1.2.4 Office Buildings
- 10.1.2.4.1 Market Trends
- 10.1.2.4.2 Market Forecast
- 10.1.2.5 Others
- 10.1.2.5.1 Market Trends
- 10.1.2.5.2 Market Forecast
- 10.1.3 Market Forecast
- 10.2 Industrial
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 Residential
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
- 11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weakness
- 11.4 Opportunities
- 11.5 Threat
- 12 Value Chain Analysis
- 13 Porter’s Five Forces Analysis
- 13.1 Bargaining Power of Buyers
- 13.2 Bargaining Power of Suppliers
- 13.3 Degree of Competition
- 13.4 Threat of New Entrants
- 13.5 Threat of Substitutes
- 14 PESTEL Analysis
- 14.1 Overview
- 14.2 Political
- 14.3 Economic
- 14.4 Social
- 14.5 Technological
- 14.6 Environmental
- 14.7 Legal
- 15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Superior Tank Co., Inc
- 15.3.2 Tank Connection, LLC
- 15.3.3 T.F. Warren Group Inc
- 15.3.4 CST Industries, Inc
- 15.3.5 National Storage Tank, Inc
- 15.3.6 Fisher Tank Company
- 15.3.7 DN Tanks, Inc
- 15.3.8 Gulf Coast Tank and Construction Co.
- 15.3.9 Pittsburg Tank & Tower Co Inc.
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