Global AST (Above Ground Storage Tank) Market Growth 2025-2031

Global AST (Above Ground Storage Tank) Market Growth 2025-2031

The global AST (Above Ground Storage Tank) market size is predicted to grow from US$ 3202 million in 2025 to US$ 3428 million in 2031; it is expected to grow at a CAGR of 1.1% from 2025 to 2031.

Storage tanks are containers that hold liquids, compressed gases (gas tank; or in U.S.A "pressure vessel", which is not typically labeled or regulated as a storage tank) or mediums used for the short- or long-term storage of heat or cold. The term can be used for reservoirs (artificial lakes and ponds), and for manufactured containers. The usage of the word tank for reservoirs is uncommon in American English but is moderately common in British English. In other countries, the term tends to refer only to artificial containers.

Global AST (Above Ground Storage Tank) key players include CST Industries, McDermott, CIMC, Toyo Kanetsu, ISHII IRON WORKS, etc. Global top five manufacturers hold a share about 15%.

North America is the largest market, with a share over 35%, followed by Europe and Australia, both have a share over 25 percent.

In terms of product, Hazardous for Flammable Liquids is the largest segment, with a share over 55%. And in terms of application, the largest application is Oil & Gas, followed by Chemical Industry.

LP Information, Inc. (LPI) ' newest research report, the “AST (Above Ground Storage Tank) Industry Forecast” looks at past sales and reviews total world AST (Above Ground Storage Tank) sales in 2024, providing a comprehensive analysis by region and market sector of projected AST (Above Ground Storage Tank) sales for 2025 through 2031. With AST (Above Ground Storage Tank) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world AST (Above Ground Storage Tank) industry.

This Insight Report provides a comprehensive analysis of the global AST (Above Ground Storage Tank) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on AST (Above Ground Storage Tank) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global AST (Above Ground Storage Tank) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for AST (Above Ground Storage Tank) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global AST (Above Ground Storage Tank).

This report presents a comprehensive overview, market shares, and growth opportunities of AST (Above Ground Storage Tank) market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Hazardous for Flammable Liquids
Non-hazardous Content
Hazardous for Other Materials

Segmentation by Application:
Oil & Gas
Chemical Industry
Water & Wastewater
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
CST Industries
McDermott
CIMC
Toyo Kanetsu
ISHII IRON WORKS
PermianLide
Motherwell Bridge
Fox Tank
Polymaster
Highland Tank
General Industries
Pfaudler
MEKRO

Key Questions Addressed in this Report

What is the 10-year outlook for the global AST (Above Ground Storage Tank) market?

What factors are driving AST (Above Ground Storage Tank) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do AST (Above Ground Storage Tank) market opportunities vary by end market size?

How does AST (Above Ground Storage Tank) break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.