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Report
Saudi Arabia 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
Market Report (3 business days) I 2023-09-05 I 85 Pages I TechSci Research
Saudi Arabia Water Tank market is anticipated to grow at a steady CAGR during the forecast period 2024-2028. A water storage tank is a vessel used to keep water for both home and commercial purposes. Tanks for storing water come in a variety of sizes and designs. They may be horizontal, vertical, subterranean, and is composed of stone, concrete, fibreglass, plastic, or any combination of those materials. Common threats to the water tank include corrosion, bacterial development, and leaks.
Large amounts of water may be conveniently stored in water tanks for use in a variety of purposes, including drinking water, irrigated agriculture, fire suppression, chemical manufacture, and food preparation. Polypropylene or polyethylene materials are typically used to make them. Compared to cement tanks, they take up less area on the floor. Polyethylene, steel, or fibre glass are the most common materials used to make water tanks for residential or commercial usage. The tanks can range in size from 200 litres to more than 10,000 litres and are available in different designs.
Saudi Arabia is one of the world's most water-stressed countries. The extreme water shortage threshold is 500 cubic metres per capital, 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 Kingdom
Due to the region's growing population and state-wide water usage as a result of local water sources drying out, the local authority needs big storage tanks to hold the water that is utilised for essential reasons. As a result, as the population grows, the kingdom uses more water, which raises the demand for water and water storage in the nation. Considering the demand of people for water consumption in Saudi Arabia, this is creating a significant volume of water tanks, promoting growth in the water tank market.
Government Authorities Focusing on Water Conservation.
Since water scarcity becomes major problem in Saudi Arabia, the government has taken crucial steps to overcome water scarcity issues. The government has introduced numerous welfare measures and taken important steps toward implementing water storage in the Kingdom. Given the remote locations, extreme weather conditions, environmental laws, and health and safety issues, it is critical to treat this water properly, efficiently, and consistently. The government is focusing more on water conservation, and local authorities are helping companies build water storage facilities in the area. This is having a positive impact on the expansion of the water tank market.
Saudi Arabia Water Tank Market Challenges
In Saudi Arabia, the water tank treatment market has challenges such as the high cost of intensive technology, lack of awareness about water tank management, and maintenance of water tanks. The collection of sand or silt in storage tanks is one of the most typical problems connected with storage tanks. This can be reduced in certain circumstances by installing a filter on the storage tank's entrance. However, in many cases, this is more expensive and less feasible than just draining and cleaning the storage tank every few years. The operating cost for installation also could be a major challenge for water tank market affecting the growth rate of the market.
Market Segments
Saudi Arabia Water Tank Market is divided on the basis of Product, 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.
Market Players
Major market players of Saudi Arabia Water Tank Market are SAWACO Water Company, Al Zamil Industry and Trade Co., National Polyethylene Company, Wataniya Fiber Glass Reinforced Plastic Factory Co. W.L.L, National Water Company, Pipeco Water Tanks Company, Gulf Specialized Works Company, Marjan Factory Company, Ekomaxi Sectional Panel GRP Water Tank Manufacturers, CB&I Storage Solutions, and Jash Technical Services Company.
Report Scope:
In this report, Saudi Arabia Water Tank Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Saudi Arabia Water Tank Market, By Product:
o Plastic
o Concrete
o Metal
o Fiber Glass
o Others
- Saudi Arabia Water Tank Market, By Raw Material:
o LLDPE
o HDPE
o Stainless Steel
o Cement
o Others
- Saudi Arabia Water Tank Market, By Size:
o Cylindrical
o Rectangular
o Others
- Saudi Arabia Water Tank Market, By Application:
o Commercial
o Residential
o Municipal
o Industrial
- Saudi Arabia Water Tank Market, By Region:
o Western Region
o Northern & Central Region
o Eastern Region
o Southern Region
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Saudi Arabia Water Tank Market.
Available Customizations:
Saudi Arabia Water Tank with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on Saudi Arabia Water Tank Market
4. Executive Summary
5. Voice of Customers
6. Saudi Arabia Water Tank Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Product (Plastic, Concrete, Metal, Fiber Glass, Others)
6.2.2. By Raw Material (LLDPE, HDPE, Stainless Steel, Cement, Others)
6.2.3. By Size (Cylindrical, Rectangular, Others)
6.2.4. By Application (Commercial, Residential, Municipal, and Industrial)
6.2.5. By Region
6.3. By Company (2022)
6.4. Market Map
7. Western Region Water Tank Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Product
7.2.2. By Raw Material
7.2.3. By Size
7.2.4. By Application
8. Northern & Central Region Water Tank Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Product
8.2.2. By Raw Material
8.2.3. By Size
8.2.4. By Application
9. Eastern Region Water Tank Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Product
9.2.2. By Raw Material
9.2.3. By Size
9.2.4. By Application
10. Southern Region Water Tank Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Product
10.2.2. By Raw Material
10.2.3. By Size
10.2.4. By Application
11. Market Dynamics
11.1. Drivers
11.1.1. Growing Population and consumption of water in the Kingdom.
11.1.2. Increase in Infrastructure Expenditure
11.1.3. Government initiatives on Water Conservation.
11.2. Challenges
11.2.1. Over expense in maintenance of operating cost
11.2.2. Treatment of Water Tank.
12. Market Trends & Developments
12.1. Increasing the use of technological processes
12.2. Increasing commercial construction activities
12.3. Rise in application of water storage tanks
13. Policy & Regulatory Landscape
14. Saudi Arabia Economic Profile
15. Company Profiles
15.1. SAWACO Water Company
15.1.1. Business Overview
15.1.2. Key Revenue and Financials (If available)
15.1.3. Recent Developments
15.1.4. Key Personnel
15.1.5. Key Product/Services
15.2. Al Zamil Industry and Trade Co.
15.2.1. Business Overview
15.2.2. Key Revenue and Financials (If available)
15.2.3. Recent Developments
15.2.4. Key Personnel
15.2.5. Key Product/Services
15.3. National Polyethylene Company
15.3.1. Business Overview
15.3.2. Key Revenue and Financials (If available)
15.3.3. Recent Developments
15.3.4. Key Personnel
15.3.5. Key Product/Services
15.4. Wataniya Fiber Glass Reinforced Plastic Factory Co. W.L.L
15.4.1. Business Overview
15.4.2. Key Revenue and Financials (If available)
15.4.3. Recent Developments
15.4.4. Key Personnel
15.4.5. Key Product/Services
15.5. National Water Company
15.5.1. Business Overview
15.5.2. Key Revenue and Financials (If available)
15.5.3. Recent Developments
15.5.4. Key Personnel
15.5.5. Key Product/Services
15.6. Marjan Factory Company
15.6.1. Business Overview
15.6.2. Key Revenue and Financials (If available)
15.6.3. Recent Developments
15.6.4. Key Personnel
15.6.5. Key Product/Services
15.7. Pipeco Water Tanks Company
15.7.1. Business Overview
15.7.2. Key Revenue and Financials (If available)
15.7.3. Recent Developments
15.7.4. Key Personnel
15.7.5. Key Product/Services
15.8. Jash Technical Services Company
15.8.1. Business Overview
15.8.2. Key Revenue and Financials (If available)
15.8.3. Recent Developments
15.8.4. Key Personnel
15.8.5. Key Product/Services
15.9. CB&I Storage Solutions
15.9.1. Business Overview
15.9.2. Key Revenue and Financials (If available)
15.9.3. Recent Developments
15.9.4. Key Personnel
15.9.5. Key Product/Services
15.10. Ekomaxi Sectional Panel GRP Water Tank Manufacturers
15.10.1. Business Overview
15.10.2. Key Revenue and Financials (If available)
15.10.3. Recent Developments
15.10.4. Key Personnel
15.10.5. Key Product/Services
15.11. Gulf Specialized Works Company
15.11.1. Business Overview
15.11.2. Key Revenue and Financials (If available)
15.11.3. Recent Developments
15.11.4. Key Personnel
15.11.5. Key Product/Services
16. Strategic Recommendations
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