Opportunities in the plastic water storage tank market have evolved through a number of stages i.e. from water storage tanks with polyurethane coating to 7 layered water storage tanks. Lucintel has found the future of this market to be promising; the plastic water storage tank market is expected to reach $1.3 billion by 2025 with a CAGR of 3.2%. In this market, polyethylene is the largest segment by polymer, whereas residential is largest by end use. Players can benefit from the available opportunities like growing population and construction activities.
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Sintex, Niplast, Plastic Proget European, Enduramaxx, Cotteril Civil, American Tank, Protank, Nova Plastic Industry, GHP Manufacturing, and Protank and others are some of the companies profiled in this report.
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