India Water Tanks Market is expected to increase during the forecast period owing to the factors including rising construction activities, increasing focus on wastewater management, and rise in demand for plastic water tanks.

A water tank is a container used for storing water for applications such as agriculture farming, drinking purpose, fire suppression, food preparation, chemical manufacturing, etc. Moreover, water tanks are available in many shapes and sizes. They can be cylindrical, rectangular, underground, and can be made from plastic, steel, fiberglass, stone, or concrete. Water tank leakage and corrosion as well as bacterial growth are threats to the tank.

Rising Construction Activities

The major sectors that fall under the Indian construction industry are residential, commercial, industrial, infrastructure construction, institutional construction, etc. All these sectors seem to have grown in forecast tenure owing to the following factors: the Indian government's focus on the development of infrastructure construction through focused policies like open FDI norms, large budget allocation, the smart city mission, etc. Hence, with the growing construction activities, the demand for water tanks is increasing as water tanks are the major product that used during and after the construction for many purposes, including drinking water, harvesting rainwater, storing stock water for later use, and providing additional water sources for plumbing apart from the water.

v  Some Other Major Investments/Policies in Construction Industry Introduced by the Indian Government Are:

o   Raised to 100% the FDI cap for real estate projects in Special Economic Zones (SEZs).

o   It is anticipated that India's real estate market will generate USD 1 trillion in revenue by 2030 and make up 13% of the country's GDP by 2025.

o   The mission of smart cities is to advance urban areas that offer basic services, like fair living conditions for residents, a healthy environment, and the use of smart technologies.

Increasing Focus on Wastewater Management

In many areas of India, water shortages have been a persistent issue. Over 10% Indians, according to the Centre for Science and Environment, experience severe or acute water scarcity. The issue is exacerbated by a lack of access to safe drinking water, insufficient sanitary infrastructure, ineffective management of urban resources, and a lack of knowledge about water conservation. Addressing this issue, the Indian government is improving water infrastructure (groundwater wells, dams, storage tanks, pipelines, etc.), which will not only help to minimise the amount of clean water squandered but also the number of people who are continually looking for clean water. In addition, the government implements on-site systems under Urban Wastewater Management (UWM) to collect sludge, water tanks, and wastewater near the toilet in a pit. As a result of the growing wastewater management operations is taking place throughout the country, the need for water tanks is anticipated to rise soon.

v  Some Major Wastewater Management Initiatives/Schemes/Goals Which Augments the Water Tanks Demand in India:

o   Sustainable Development Goals (SDG) target 6.3 is focused on wastewater and aims to half the proportion of untreated wastewater discharged into the water bodies and increase recycling and safe reuse globally.

o   Under the Swachh Bharat Mission (Urban) 2.0 launched in October 2021, INR 15883 crore has been allocated to States/UTs for wastewater/used water management, including setting up of STPs and FSTPs (fecal sludge treatment plants).

Rise in Demand for Plastic Water Tanks

Plastic water tanks are replacing steel, aluminium, and wooden tanks because they are lightweight, non-corrosive, have a high burst strength, and low initial cost. Plastic tanks are increasingly being used in housing, oil industries, chemical industries producing acids, alkalis, and other chemicals, and gas producing industries where they are filled under high pressure. Moreover, as water supply tanks for domestic use, they have found a place in every modern home, flat, and building. Every house built today has water storage tanks. Plastic tanks are the best option. The consumption of plastic water tanks is linked with housing development. Thus, the ever-increasing demands for plastic water tanks commensurate with the development of housing, both in rural and urban areas and in industries.


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Market Segments

India Water Tanks Market is segmented into product, raw material, water storage capacity, shape, application, and region. Based on product, the market is segmented into plastic, concrete, metal, fiber glass, and others. Based on raw material, the market is segmented into LLDPE, HDPE, stainless steel, cement, and others. Based on water storage capacity, the market is segmented into Up to 500-liter, 501-1000 liter, 1000-5000 liter, 5000-15000 liter, 15000 liter-100000 liter, and above 1,00000 liter. Based on shape, the market is segmented into cylindrical, rectangular, square, and others. Based on application, the market is segmented into commercial, residential, municipal, and industrial.

 

Market Players

India water tanks market players include CST Industries, Inc., Sintex Plastics Technology Ltd., Shubham Acqualink (India) Pvt. Ltd., UIG Water Tanks India Pvt Ltd., Joemillars Aquatek India (P) Ltd., Frontier Polymers Pvt. Ltd., Beltechno India Pvt. Ltd., Indraprastha Aqua Solution, Jindal Plast (INDIA), Shree Balaji Polymer.

Attribute

Details

Base Year

2022                   

Historic Data

2018 – 2022

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, company share, growth factors, and trends

Segments covered

By Product

By Raw Material

By Water Storage Capacity

By Shape

By Application

By Region

Regional Scope

North India, West India, South India, East India

Key companies profiled

CST Industries, Inc., Sintex Plastics Technology Ltd., Shubham Acqualink (India) Pvt. Ltd., UIG Water Tanks India Pvt Ltd., Joemillars Aquatek India (P) Ltd., Frontier Polymers Pvt. Ltd., Beltechno India Pvt. Ltd., Indraprastha Aqua Solution, Jindal Plast (INDIA), Shree Balaji Polymer

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, India water tanks market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • India Water Tanks Market, By Product:
    • Plastic
    • Concrete
    • Metal
    • Fiber Glass
    • Others
  • India Water Tanks Market, By Raw Material:
    • LLDPE
    • HDPE
    • Stainless Steel
    • Cement
    • Others
  • India Water Tanks Market, By Water Storage Capacity:
    • Up to 500 liter
    • 501-1000 liter
    • 1000-5000 liter
    • 5000-15000 liter
    • 15000 liter-100000 liter
    • Above 1,00000 liter
  • India Water Tanks Market, By Shape:
    • Cylindrical
    • Rectangular
    • Square
    • Others
  • India Water Tanks Market, By Application:
    • Commercial
    • Residential
    • Municipal
    • Industrial
  • India Water Tanks Market, By Region:
    • North India
    • West India
    • South India
    • East India

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India water tanks market.

Available Customizations:

India water tanks market 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).

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1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Study

2.    Research Methodology

2.1.  Baseline Methodology

2.2.  Methodology Followed for Calculation of Market Size

2.3.  Methodology Followed for Calculation of Market Shares

2.4.  Methodology Followed for Forecasting

3.    Executive Summary

4.    Impact of COVID-19 on India Water Tanks Market

5.    Voice of Customer

5.1.  Brand Awareness

5.2.  Key Factors Influencing Vendor Selection

5.3.  Major Challenges Faced post purchase (Need-Gap Analysis)

6.    India Water Tanks Market Outlook

6.1.   Market Size & Forecast

6.1.1.     By Value & Volume

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 Water Storage Capacity (Up to 500-liter, 501-1000 liter, 1000-5000 liter, 5000-15000 liter, 15000 liter-100000 liter, above 1,00000 liter)

6.2.4.     By Shape (Cylindrical, Rectangular, Square and Others)

6.2.5.     By Application (Commercial, Residential, Municipal, Industrial)

6.2.6.     By Region

6.2.7.     By Company (2022)

6.3.  Market Map (By Product, By Raw Material, By Water Storage Capacity, By Shape, By Application, By Region)

7.    North India Water Tanks Market Outlook

7.1.   Market Size & Forecast

7.1.1.     By Value & Volume

7.2.   Market Share & Forecast

7.2.1.     By Product

7.2.2.     By Water Storage Capacity

7.2.3.     By Application

8.    West India Water Tanks Market Outlook

8.1.   Market Size & Forecast

8.1.1.     By Value & Volume

8.2.   Market Share & Forecast

8.2.1.     By Product

8.2.2.     By Water Storage Capacity

8.2.3.     By Application

9.    South India Water Tanks Market Outlook

9.1.   Market Size & Forecast

9.1.1.     By Value & Volume

9.2.   Market Share & Forecast

9.2.1.     By Product

9.2.2.     By Water Storage Capacity

9.2.3.     By Application

10. East India Water Tanks Market Outlook

10.1.        Market Size & Forecast

10.1.1.  By Value & Volume

10.2.   Market Share & Forecast

10.2.1.  By Product

10.2.2.  By Water Storage Capacity

10.2.3.  By Application

11. Value Chain Analysis

12. Import & Export Analysis

13. Market Dynamics                                                                                                      

13.1.  Drivers/ Opportunities

13.2.  Challenges              

14. Market Trends and Developments

15. Policy & Regulatory Landscape

16. India Economic Profile                                                                                                 

17. Competitive Landscape

17.1.             Competition Outlook

17.2.             Company Profiles (Up to 10 Leading Companies in India including Domestic & Foreign Players)

17.2.1. CST Industries, Inc.

17.2.1.1.  Company Overview

17.2.1.2.  Product Portfolio

17.2.1.3.  Financials (If Available)

17.2.1.4.  Key Personals

17.2.1.5.  Client Portfolio (If Available)

17.2.1.6.  Major Projects (If Available)

17.2.1.7.  Recent Developments/Updates

17.2.2. Sintex Plastics Technology Ltd.

17.2.2.1.  Company Overview

17.2.2.2.  Product Portfolio

17.2.2.3.  Financials (If Available)

17.2.2.4.  Key Personals

17.2.2.5.  Client Portfolio (If Available)

17.2.2.6.  Major Projects (If Available)

17.2.2.7.  Recent Developments/Updates

17.2.3. Shubham Acqualink (India) Pvt. Ltd.

17.2.3.1.  Company Overview

17.2.3.2.  Product Portfolio

17.2.3.3.  Financials (If Available)

17.2.3.4.  Key Personals

17.2.3.5.  Client Portfolio (If Available)

17.2.3.6.  Major Projects (If Available)

17.2.3.7.  Recent Developments/Updates

17.2.4. UIG Water Tanks India Pvt Ltd.

17.2.4.1.  Company Overview

17.2.4.2.  Product Portfolio

17.2.4.3.  Financials (If Available)

17.2.4.4.  Key Personals

17.2.4.5.  Client Portfolio (If Available)

17.2.4.6.  Major Projects (If Available)

17.2.4.7.    Recent Developments/Updates

17.2.5. Joemillars Aquatek India (P) Ltd.

17.2.5.1.  Company Overview

17.2.5.2.  Product Portfolio

17.2.5.3.  Financials (If Available)

17.2.5.4.  Key Personals

17.2.5.5.  Client Portfolio (If Available)

17.2.5.6.  Major Projects (If Available)

17.2.5.7.  Recent Developments/Updates

17.2.6. Frontier Polymers Pvt. Ltd.

17.2.6.1.  Company Overview

17.2.6.2.  Product Portfolio

17.2.6.3.  Financials (If Available)

17.2.6.4.  Key Personals

17.2.6.5.  Client Portfolio (If Available)

17.2.6.6.  Major Projects (If Available)

17.2.6.7.  Recent Developments/Updates

17.2.7. Beltechno India Pvt. Ltd.

17.2.7.1.  Company Overview

17.2.7.2.  Product Portfolio

17.2.7.3.  Financials (If Available)

17.2.7.4.  Key Personals

17.2.7.5.  Client Portfolio (If Available)

17.2.7.6.  Major Projects (If Available)

17.2.7.7.  Recent Developments/Updates

17.2.8. Indraprastha Aqua Solution

17.2.8.1.  Company Overview

17.2.8.2.  Product Portfolio

17.2.8.3.  Financials (If Available)

17.2.8.4.  Key Personals

17.2.8.5.  Client Portfolio (If Available)

17.2.8.6.  Major Projects (If Available)

17.2.8.7.  Recent Developments/Updates

17.2.9. Jindal Plast (INDIA)

17.2.9.1.  Company Overview

17.2.9.2.  Product Portfolio

17.2.9.3.  Financials (If Available)

17.2.9.4.  Key Personals

17.2.9.5.  Client Portfolio (If Available)

17.2.9.6.  Major Projects (If Available)

17.2.9.7.  Recent Developments/Updates

17.2.10.    Shree Balaji Polymer

17.2.10.1. Company Overview

17.2.10.2. Product Portfolio

17.2.10.3. Financials (If Available)

17.2.10.4. Key Personals

17.2.10.5. Client Portfolio (If Available)

17.2.10.6. Major Projects (If Available)

17.2.10.7. Recent Developments/Updates

18. Strategic Recommendations

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