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.
The classification of Above Ground Storage Tank includes Hazardous for Flammable Liquids, Hazardous for Other Materials and Non-hazardous Content. The proportion of Hazardous for Flammable Liquids in 2017 is about 57%.
RoW is the largest consumption place, with a consumption market share nearly 38% in 2017. Following North America, NA is the second largest consumption place with the consumption market share of 37%.
Market concentration degree is rather dispersion. CST Industries, McDermott, CIMC, Toyo Kanetsu, ISHII IRON WORKS, PermianLide, Motherwell Bridge, Fox Tank, Polymaster and Highland Tank are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
According to this study, over the next five years the AST (Above Ground Storage Tank) market will register a 1.1% CAGR in terms of revenue, the global market size will reach US$ 3189.2 million by 2024, from US$ 3021.1 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in AST (Above Ground Storage Tank) business, shared in Chapter 3.
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.
This study considers the AST (Above Ground Storage Tank) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Hazardous for Flammable Liquids
Non-hazardous Content
Hazardous for Other Materials
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Oil & Gas
Chemical Industry
Water & Wastewater
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
CST Industries
McDermott
CIMC
Toyo Kanetsu
ISHII IRON WORKS
PermianLide
Motherwell Bridge
Fox Tank
Polymaster
Highland Tank
General Industries
Pfaudler
MEKRO
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global AST (Above Ground Storage Tank) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of AST (Above Ground Storage Tank) market by identifying its various subsegments.
Focuses on the key global AST (Above Ground Storage Tank) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the AST (Above Ground Storage Tank) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of AST (Above Ground Storage Tank) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on AST (Above Ground Storage Tank) . Industry analysis & Market Report on AST (Above Ground Storage Tank) is a syndicated market report, published as Global AST (Above Ground Storage Tank) Market Growth 2019-2024. It is complete Research Study and Industry Analysis of AST (Above Ground Storage Tank) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.