The Elevated Water Storage Tanks Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Elevated Water Storage Tanks Market?
The global market size for elevated water storage tanks has experienced significant growth in the past. The market was valued at $6.21 billion in 2024 and is projected to reach $6.58 billion in 2025, growing at a compound annual growth rate (CAGR) of 6.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Elevated Water Storage Tanks Industry?
The Elevated Water Storage Tanks Global Market is predicted to reach a market size of $8.22 billion by 2029, with a compound annual growth rate (CAGR) of 5.7%.
Download Your Free Sample of the 2025 Elevated Water Storage Tanks Market Report and Uncover Key Trends Now!
What are the Key Growth Drivers Fueling the Elevated Water Storage Tanks Market?
The key drivers in the elevated water storage tanks market are:
• Growth driven by climate change and associated water scarcity
• Demand from agricultural production and manufacturing facility construction
• Increase in disposable incomes potentially fueling more purchases
• Technological advancements, including smart technologies and integrated monitoring systems
Global Market Segmentation: Identifying Major Elevated Water Storage Tanks Industry Segments
The elevated water storage tanksmarket covered in this report is segmented –
1) By Type: Steel, Plastic, Fiberglass, Other Types
2) By Installation: Underground, Outdoor, Indoor
3) By Application: Water Supply, Fire Protection, Irrigation, Emergency Water Storage
4) By End-Use: Residential, Commercial, Industrial, Utility
Pre-order the 2025 Elevated Water Storage Tanks Global Market Report for Fast Delivery & Comprehensive Insights!
What are the emerging Trends Shaping the Future of the Elevated Water Storage Tanks Market?
The key trends in the elevated water storage tanks market are:
• Green technologies are becoming more widely adopted in the industry.
• Technological developments are consistently shaping the market.
• Smart technologies are increasingly being adopted.
• There is a rising trend of using advanced composite materials and integrating monitoring systems.
Who Are the Top Competitors & Leading Players in the Elevated Water Storage Tanks Market?
Major companies in the elevated water storage tanks market are:
• McDermott
• KLM Engineering Inc.
• Chicago Bridge & Iron Company
• J.F. Ahern Co.
• Caldwell Tanks
• CST Industries
• Apex NC
• Tnemec
• Pittsburg Tank & Tower Group
• Aquatech International Corp.
• DN Tanks
• Tank Connection
• Phoenix Fabricators and Erectors LLC
• Balmoral Tanks Ltd.
• Landmark Structures
• Brown-Minneapolis Tank Co.
• Norwesco Inc.
• Fiber Technology Corporation
• Design Tanks Inc.
• BUWATEC
• RC Plasto Tanks and Pipes Pvt. Ltd.
• Steelcore tank
• Schier Construction Co.
• Easytanks
• Sintex Plastics Technology Limited
Regional Dominance: Which Area Leads the Global Elevated Water Storage Tanks Market?
Asia-Pacific was the largest region in the elevated water storage tanks market in 2024
