Metal Tank Market is expected to reach $12.5 Billion by 2025 – An exclusive market research report by Lucintel

June 04 17:19 2021
Metal Tank Market is expected to reach $12.5 Billion by 2025 - An exclusive market research report by Lucintel

Trends and Forecast for the Global Metal Tank Market
Trends, opportunities and forecast in metal tank market to 2025 by end use industries (industrial, oil and gas, and municipal and others), installation type (aboveground and underground), application (fuel, water and wastewater, fire protection, industrial, food and beverage, paper and pulp and others), tank size (Below 5,000 gallons, 5,000 to 25,000 gallons, and over 25,000 gallons), and pressure type (pressure and non- pressure).

Lucintel’s latest market report analyzed that metal tank provides attractive opportunities in oil and gas, industrial, and municipal applications. The metal tank market is expected to reach $12.5 billion by 2025 with a CAGR of 2.7%. In this market, aboveground is the largest segment by installment type, whereas oil and gas is largest by end use industry. The increasing use of sidewall insulation in metal tanks to maintain temperature and growing adoption of dual seam systems to emphasize strength and corrosion resistance provides strategic growth path in this market.

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Based on installment type, the metal tank market is segmented into aboveground and underground. The aboveground segment is accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period due to easier access for repairs and maintenance.

Browse in-depth TOC on “Metal Tank Market”

109 – Tables

145 – Figures

234 – Pages

The metal tank market is marked by the presence of several big and small players. Some of the prominent players offering Metal tank include Worthington, Trinity Industries, McDermott, CIMC, Toyo Kanetsu, CST Industries, Palmer of Texas and others.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].

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