Steel Pressure Water Tank Market Size and Outlook 2030

Report Description

Forecast Period	2026-2030
Market Size (2024)	USD 6.91 Billion
CAGR (2025-2030)	5.10%
Fastest Growing Segment	Horizontal
Largest Market	Europe
Market Size (2030)	USD 9.31 Billion

Market Overview

The Global Steel Pressure Water Tank Market, valued at USD 6.91 Billion in 2024, is projected to experience a CAGR of 5.10% to reach USD 9.31 Billion by 2030. Steel pressure water tanks are enclosed, durable steel vessels engineered to store water under pressure, regulating system pressure and ensuring a consistent water supply across residential, commercial, and industrial applications. The global market's expansion is primarily supported by the ongoing trends of industrialization and urbanization, creating increased demand for dependable water infrastructure in developing economies. Additionally, the enforcement of rigorous regulatory standards pertaining to water quality, safety, and environmental impact propels the adoption of compliant and long-lasting storage solutions.

The market also benefits from sustained investments in water infrastructure development and the increasing global focus on efficient water resource management. According to the World Steel Association, crude steel production for the 71 reporting countries totaled 1,882.6 million tonnes in 2024, reflecting the foundational raw material supply influencing manufacturing capacity. A significant challenge impacting market expansion is the inherent volatility of raw material prices, particularly for steel, which directly influences manufacturing expenses and overall market stability.

Key Market Drivers

Rapid industrialization and urbanization represent pivotal drivers for the Global Steel Pressure Water Tank Market, generating substantial demand for advanced water infrastructure. The global shift towards expanding urban centers and increasing industrial activity necessitates robust and efficient water storage and distribution systems. This growth catalyzes significant investments in large-scale infrastructure projects to cater to burgeoning populations and industrial requirements. According to the World Bank, in May 2024, the 'World Bank Report: $86 Billion Boosts Global Infrastructure in Low- and Middle-Income Countries' highlighted that 68 countries benefited from private infrastructure investments across 322 projects in 2023, directly increasing the demand for critical water infrastructure components like steel pressure water tanks. The continuous development of new facilities consistently requires durable water storage solutions, fueling market expansion.

Stringent water quality and safety regulations concurrently exert considerable influence on market dynamics, mandating the adoption of compliant and high-performance water storage solutions. Global regulatory bodies are enacting stricter standards for water treatment and distribution, prompting industries and municipalities to invest in robust infrastructure. This environment frequently favors durable and inert materials, such as steel, for pressure water tanks. According to the European Environment Agency (EEA), in October 2024, its report 'Europe's state of water 2024' indicated that only 29% of Europe's surface waters achieved good chemical status in 2021, underscoring the urgent need for improved water management. The overall market for steel pressure water tanks further reflects active consolidation and strategic expansion. For instance, according to BEA Technologies, in April 2024, the company acquired TECNO INOX, a producer of stainless steel pressure vessels, to enhance its automatic filtration system offerings for diverse industries, signifying ongoing investment and advancement.

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Key Market Challenges

The inherent volatility of raw material prices presents a significant challenge directly hampering the growth of the Global Steel Pressure Water Tank Market. Unpredictable fluctuations in steel costs complicate production planning and budgeting for manufacturers. This leads to instability in product pricing, which can deter potential buyers seeking long-term cost predictability for their water infrastructure projects.

Such instability directly impacts the profitability of manufacturers, making it difficult to maintain consistent margins and hindering investments in production capacity or technological advancements. According to Mintec Global, LME steel scrap prices fell by 8% year-on-year in 2023, illustrating the significant price shifts that impact manufacturing expenses and overall market stability. This creates an uncertain operating environment, slowing market expansion and the adoption of new storage solutions.

Key Market Trends

The integration of smart monitoring and AI-driven water management systems represents a pivotal trend in the Global Steel Pressure Water Tank Market, enhancing operational efficiency and resource conservation. These advanced systems leverage IoT sensors and artificial intelligence to provide real-time data on water levels, pressure, and quality, enabling predictive maintenance and optimizing water distribution. According to the International Water Association, a 2023 study demonstrated a 30% reduction in non-revenue water for utilities that implemented smart leak detection systems within a two-year period. This technological integration minimizes water wastage, extends equipment lifespan, and reduces manual inspection requirements, contributing to significant cost savings. For example, Red River reported in June 2025 that many facilities experience productivity increases of 15-20% after implementing comprehensive smart monitoring systems for pressure vessels, underscoring the tangible benefits of these solutions.

Sustainable product design and material innovation is another critical trend shaping the steel pressure water tank market, driven by increasing environmental consciousness and demand for durable infrastructure. This trend focuses on developing tanks with longer lifecycles, reduced environmental footprints, and improved material efficiency through advancements in coatings and steel alloys. The World Stainless Association reported that global stainless steel melt shop production increased by 5.5% year-on-year in the first quarter of 2024, reaching 14.6 million metric tons, indicating sustained demand for high-performance, durable materials essential for sustainable designs. This emphasis on sustainability extends to innovative protective coatings that enhance longevity. Aquadam, for instance, introduced the Rhino Tank in October 2025, a bolted steel tank featuring a Fusion Bonded Epoxy (FBE) coating designed to provide a corrosion-resistant barrier and significantly extend the tank's operational lifespan, reducing the need for frequent replacements.

Segmental Insights

Despite extensive research, the provided information does not explicitly identify the "Horizontal" segment as the fastest-growing within the Global Steel Pressure Water Tank Market. While several factors contribute to the overall growth of the steel pressure water tank market, such as increasing industrialization, urbanization, and stringent regulatory standards, specific data confirming the rapid growth of the horizontal segment compared to other tank types is not available in the search results. Information on horizontal tanks highlights their advantages in certain applications, including their suitability for spaces with limited height and easier transportability, which are crucial in specific industrial and commercial settings. However, the provided sources do not offer a clear, reasoned explanation directly supporting "Horizontal" as the segment experiencing the most rapid growth.

Regional Insights

Europe holds a leading position in the Global Steel Pressure Water Tank Market, primarily driven by its stringent regulatory framework governing water storage solutions. Robust directives, such as the European Pressure Equipment Directive 2014/68/EU and the Simple Pressure Vessels Directive 2009/105/EC, mandate high standards for product quality and safety, which manufacturers adhere to across residential, commercial, and industrial applications. This comprehensive regulatory environment, combined with a pronounced regional emphasis on sustainable water management practices and substantial investments in upgrading aging infrastructure, consistently fuels demand for durable and efficient steel pressure water tanks. Furthermore, continuous technological advancements and innovation by European manufacturers solidify the region's market dominance.

Recent Developments

In September 2025, Gpi Tanks Poland completed a significant delivery of eight stainless steel tanks for Oliehoorn, a Dutch family-owned company. This collaboration was part of Oliehoorn's new factory construction project, which focused on sustainable operations, being entirely gas-free and electric. Gpi Tanks supplied these stainless steel tanks to replace existing indoor tanks, supporting the advanced production needs within the food industry. This initiative highlights the ongoing demand for specialized steel pressure water tanks in industrial processes, emphasizing efficiency and sustainability as key drivers in the global market. The partnership demonstrated Gpi Tanks' capability in providing crucial infrastructure for environmentally conscious industrial expansion.

In February 2025, the Steel Tank Institute/Steel Plate Fabricators Association (STI/SPFA) announced the winners of its 2024 Steel Product Awards, recognizing significant projects in the steel pressure water tank sector. Among the honored projects was a 2.0 million-gallon welded steel reservoir constructed by Paso Robles Tank, Inc., which served as an addition to an existing site and included extensive earthwork and piping. Another notable project was an API 620 Low Pressure Liquid Storage Tank by CB&I Plainfield. These awards celebrated the application of advanced steel fabrication techniques and engineering excellence in meeting critical water storage and pressure vessel demands within the global steel pressure water tank market.

In December 2024, Sun Stellar participated in the Acetech exhibition in Delhi, where the company showcased its latest range of stainless steel water tanks and related water management solutions. During the event, Sun Stellar highlighted a collaboration with a German company to integrate new technologies into its offerings. The featured stainless steel water tanks included a "seven-layer technology" and a surgical-grade 316L inner layer, designed to maintain water purity. This initiative underlined Sun Stellar's commitment to advancing steel water tank technology and expanding its product portfolio through international partnerships to meet diverse customer needs in the steel pressure water tank market.

In 2024, Jianyun Zhishui (Qingdao) Industrial Technology Co., Ltd. introduced the VLLRO stainless steel automatic pressure tank to the market. This new product, designed for reliable water storage, features a fully thickened body constructed from high-tensile, corrosion-resistant stainless steel. The tank aims to offer superior protection against rust, corrosion, and wear, ensuring long-term stability and efficiency for water supply systems. Engineered to meet high industry standards, it can withstand extreme pressures and temperatures, making it suitable for both residential and commercial applications within the global steel pressure water tank market. Its advanced sealing technology helps prevent leaks and contamination, guaranteeing the purity of stored water for decades.

Key Market Players

CST Industries, Inc.
Superior Tank Co., Inc.
Permastore Limited
Snyder Industries, LLC
Xerxes Corporation
Containment Solutions, Inc.
Palmer Mfg. & Tank Inc.
Wessels Company
Roth Industries GmbH & Co. KG
AT&V, Inc.

By Tank Type	By Type	By Application	By Region
Diaphragm Bladder Pressure Air-Over-Water	Horizontal Vertical	Commercial Residential Industrial Infrastructure	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Steel Pressure Water Tank Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Steel Pressure Water Tank Market, By Tank Type:

o Diaphragm

o Bladder Pressure

o Air-Over-Water

Steel Pressure Water Tank Market, By Type:

o Horizontal

o Vertical

Steel Pressure Water Tank Market, By Application:

o Commercial

o Residential

o Industrial

o Infrastructure

Steel Pressure Water Tank Market, By Region:

o North America

§ United States

§ Canada

§ Mexico

o Europe

§ France

§ United Kingdom

§ Italy

§ Germany

§ Spain

o Asia Pacific

§ China

§ India

§ Japan

§ Australia

§ South Korea

o South America

§ Brazil

§ Argentina

§ Colombia

o Middle East & Africa

§ South Africa

§ Saudi Arabia

§ UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Steel Pressure Water Tank Market.

Available Customizations:

Global Steel Pressure Water Tank Market report with the given market data, TechSci 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).

Global Steel Pressure Water Tank Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Steel Pressure Water Tank Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Tank Type (Diaphragm, Bladder Pressure, Air-Over-Water)

5.2.2. By Type (Horizontal, Vertical)

5.2.3. By Application (Commercial, Residential, Industrial, Infrastructure)

5.2.4. By Region

5.2.5. By Company (2024)

5.3. Market Map

6. North America Steel Pressure Water Tank Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Tank Type

6.2.2. By Type

6.2.3. By Application

6.2.4. By Country

6.3. North America: Country Analysis

6.3.1. United States Steel Pressure Water Tank Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Tank Type

6.3.1.2.2. By Type

6.3.1.2.3. By Application

6.3.2. Canada Steel Pressure Water Tank Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Tank Type

6.3.2.2.2. By Type

6.3.2.2.3. By Application

6.3.3. Mexico Steel Pressure Water Tank Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Tank Type

6.3.3.2.2. By Type

6.3.3.2.3. By Application

7. Europe Steel Pressure Water Tank Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Tank Type

7.2.2. By Type

7.2.3. By Application

7.2.4. By Country

7.3. Europe: Country Analysis

7.3.1. Germany Steel Pressure Water Tank Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Tank Type

7.3.1.2.2. By Type

7.3.1.2.3. By Application

7.3.2. France Steel Pressure Water Tank Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Tank Type

7.3.2.2.2. By Type

7.3.2.2.3. By Application

7.3.3. United Kingdom Steel Pressure Water Tank Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Tank Type

7.3.3.2.2. By Type

7.3.3.2.3. By Application

7.3.4. Italy Steel Pressure Water Tank Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Tank Type

7.3.4.2.2. By Type

7.3.4.2.3. By Application

7.3.5. Spain Steel Pressure Water Tank Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Tank Type

7.3.5.2.2. By Type

7.3.5.2.3. By Application

8. Asia Pacific Steel Pressure Water Tank Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Tank Type

8.2.2. By Type

8.2.3. By Application

8.2.4. By Country

8.3. Asia Pacific: Country Analysis

8.3.1. China Steel Pressure Water Tank Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Tank Type

8.3.1.2.2. By Type

8.3.1.2.3. By Application

8.3.2. India Steel Pressure Water Tank Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Tank Type

8.3.2.2.2. By Type

8.3.2.2.3. By Application

8.3.3. Japan Steel Pressure Water Tank Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Tank Type

8.3.3.2.2. By Type

8.3.3.2.3. By Application

8.3.4. South Korea Steel Pressure Water Tank Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Tank Type

8.3.4.2.2. By Type

8.3.4.2.3. By Application

8.3.5. Australia Steel Pressure Water Tank Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Tank Type

8.3.5.2.2. By Type

8.3.5.2.3. By Application

9. Middle East & Africa Steel Pressure Water Tank Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Tank Type

9.2.2. By Type

9.2.3. By Application

9.2.4. By Country

9.3. Middle East & Africa: Country Analysis

9.3.1. Saudi Arabia Steel Pressure Water Tank Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Tank Type

9.3.1.2.2. By Type

9.3.1.2.3. By Application

9.3.2. UAE Steel Pressure Water Tank Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Tank Type

9.3.2.2.2. By Type

9.3.2.2.3. By Application

9.3.3. South Africa Steel Pressure Water Tank Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Tank Type

9.3.3.2.2. By Type

9.3.3.2.3. By Application

10. South America Steel Pressure Water Tank Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Tank Type

10.2.2. By Type

10.2.3. By Application

10.2.4. By Country

10.3. South America: Country Analysis

10.3.1. Brazil Steel Pressure Water Tank Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Tank Type

10.3.1.2.2. By Type

10.3.1.2.3. By Application

10.3.2. Colombia Steel Pressure Water Tank Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Tank Type

10.3.2.2.2. By Type

10.3.2.2.3. By Application

10.3.3. Argentina Steel Pressure Water Tank Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Tank Type

10.3.3.2.2. By Type

10.3.3.2.3. By Application

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)

12.2. Product Launches (If Any)

12.3. Recent Developments

13. Global Steel Pressure Water Tank Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry

14.2. Potential of New Entrants

14.3. Power of Suppliers

14.4. Power of Customers

14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. CST Industries, Inc.

15.1.1. Business Overview

15.1.2. Products & Services

15.1.3. Recent Developments

15.1.4. Key Personnel

15.1.5. SWOT Analysis

15.2. Superior Tank Co., Inc.

15.3. Permastore Limited

15.4. Snyder Industries, LLC

15.5. Xerxes Corporation

15.6. Containment Solutions, Inc.

15.7. Palmer Mfg. & Tank Inc.

15.8. Wessels Company

15.9. Roth Industries GmbH & Co. KG

15.10. AT&V, Inc.

16. Strategic Recommendations

17. About Us & Disclaimer

Report Description

Table of content

Figures and Tables

Frequently asked questions

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