UAE Water Tanks Market by Product (Plastic, Concrete, Metal, Fiber Glass, Others), By Raw Material (LLDPE, HDPE, Stainless Steel, Cement, Others), By Size (Cylindrical, Rectangular, Others), By Application (Commercial, Residential, Municipal, Industrial), By Region, Competition, Forecast & Opportunities, 2028F
“UAE Water Tank Market is anticipated to grow at a steady CAGR during the forecast period of 2024-2028." A water storage tank is a vessel that holds water for both domestic and commercial usage. Water storage tanks come in a range of sizes and styles. They can be horizontal, vertical, or underground, and can be made from stone, concrete, fibreglass, plastic, or any combination of these materials. Corrosion, bacterial growth, and leakage are all potential threats to the water tank.
Water tanks can readily store large volumes of water for use in a range of applications, including drinking water, irrigated agriculture, fire suppression, chemical manufacturing, and food preparation. Polypropylene or polyethylene materials are commonly employed in their manufacture. They take less space on the floor than cement tanks. The most popular materials used to manufacture water tanks for home or commercial use are polyethylene, steel, or fibre glass. UAE is one of the world's most water-stressed countries., which is why the country's need for water tanks is expected to rise in the next years.
Growing Population and consumption of water in the UAE region.
The need for water in the region is growing due to the state's expanding population and use of water as local sources of water have dried up, thus the local authority requires massive storage tanks to keep the water that is utilised for important functions. Consumption rises as the population grows. Considering the need for water usage in the UAE, a substantial volume of Water Tank is being produced, fuelling growth in the Water Tank Market.
Government authorities focusing on water conservation.
Since water scarcity has become a major worry in the UAE, the government has taken essential steps to solve the problem. The government has taken great steps to develop water storage across the kingdom, including social measures. Given the remote locations, severe weather, environmental regulations, health, and safety issues, treating this water effectively, and consistently is crucial. The government is more concerned about water conservation, and local governments help enterprises build water storage tanks in their localities. This has a positive impact on the UAE Water Tank Market growth.
UAE Water Tank Market Challenges
The water tank treatment market in UAE has problems such as high cost of sophisticated technology, lack of understanding about water tank management, and water tank maintenance. One of the most common concerns associated with storage tanks is the accumulation of sand or silt. In some situations, this can be decreased by putting a filter at the storage tank's entry, but in many others, this is more expensive and less viable than just draining and cleaning the storage tank every few years. The operational costs for installation may also be a big barrier for the water tank industry affecting the market's growth rate.
Market Segments
UAE Water Tank Market is divided based on products, raw material, size, and application. Based on products, the market is further bifurcated into plastic, concrete, metal, fiber glass, and others. Based on raw material, the market is divided into LLDPE (linear low-density polyethylene), HDPE (high density polyethylene), stainless steel, cement, and others. Based on size, the market is segmented into cylindrical, rectangular, and others. Based on application, the market is further segmented into commercial, residential, municipal, and industrial. The UAE Water Tank Market stood at USD XX Million in 2022 and is expected to register a steady CAGR during the forecast period.
Market Players
Major market players of UAE Water Tank Market are Alwafaa Group (Fibre Concepts), Al Murjan Star General Trading LLC (gooxoom), Cochin Steel LLC, Dubai Polymer L.L.C, Al Halabi Tanks Factory, Gulf Specialized Works Company, Reem Al Falaj Trading Co, Pioneer Water Tanks, Grp Tanks Trading LLC, and Al Shamsi Group of Industries.
Report Scope:
In this report, UAE Water Tank Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- UAE Water Tank Market, By Product:
- Plastic
- Concrete
- Metal
- Fiber Glass
- Others
- UAE Water Tank Market, By Raw Material:
- LLDPE
- HDPE
- Stainless Steel
- Cement
- Others
- UAE Water Tank Market, By Size:
- Cylindrical
- Rectangular
- Others
- UAE Water Tank Market, By Application:
- Commercial
- Residential
- Municipal
- ndustrial
- UAE Water Tank Market, By Region:
- Dubai
- Abu Dhabi
- Sharjah
- Rest of UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in UAE Water Tank Market.
Company Information
- Detailed analysis and profiling of additional market players (up to five).
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