DUBLIN--(BUSINESS WIRE)--The "North America Fire Protection Water Storage Tanks Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
The market is expected to reach a value of US$ 366 Million by 2024, exhibiting a CAGR of around 11% during 2019-2024.
The North America fire protection water storage tanks market reached a value of US$ 193 Million in 2018. Water storage tanks help in supplying water to fire sprinkler systems, in part or in whole. These include warehouses with high-piled storage, aircraft hangers, and high-rise buildings located in earthquake-prone areas that need a secondary water supply. Fire suppression storage tanks create a dedicated location for a particular volume of water which can be utilized by fire departments to supplement or act as the main source of water during fire suppression. In areas where water is either scarce or not connected to a municipal supply, fire suppression tanks are able to supply the critical water needed for fire protection.
With rapid technological advancements and product innovations, the market for water storage tanks has gained traction across North America. The future of the North American water storage tanks market looks promising with opportunities in commercial, municipal, industrial, and residential sectors. Water storage tanks for fire protection have been exhibiting growth in recent years as technology has advanced, processes have evolved, and standards have become more rigorous resulting in increased flexibility, greater durability and lower costs. Furthermore, the construction of warehouses, hotels and offices are witnessing healthy growth rates, which is also expected to stimulate the growth of the fire protection water storage tanks market in North America in the coming years.
Key Questions Answered in This Report:
- How has the North America fire protection water storage tanks market performed so far and how will it perform in the coming years?
- What is the breakup of the North America fire protection water storage tanks market based on the material type?
- What is the breakup of the North America fire protection water storage tanks market based on the coating type?
- What is the breakup of the North America fire protection water storage tanks market based on the tank size?
- What is the breakup of the North America fire protection water storage tanks market based on the country?
- What are the various stages in the value chain of the North America fire protection water storage tanks market?
- What are the key driving factors and challenges in the North America fire protection water storage tanks market?
- What is the structure of the North America fire protection water storage tanks market industry and who are the key players?
- What is the degree of competition in the North America fire protection water storage tanks market?
Key Topics Covered:
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 North America Fire Protection Water Storage Tanks Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Forecast
6 Market Breakup by Material Type
6.1 Steel
6.1.1 Market Trends
6.1.2 Market Breakup by Type
6.1.2.1 Steel Welded
6.1.2.2 Steel Bolted
6.2 Fiberglass
6.3 Others
7 Market Breakup by Coating Type
7.1 Epoxy
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Glass-Fused-To-Steel
7.3 Others
8 Market Breakup by Country
8.1 United States
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Canada
9 Market Breakup by Size
9.1 100,000-250,000 Gallons
9.2 50,000-100,000 Gallons
9.3 25,000-50,000 Gallons
9.4 >250,000 Gallons
9.5 < 25,000 Gallons
10 Market Breakup by Application
10.1 Commercial
10.1.1 Market Trends
10.1.2 Market Breakup by Type
10.1.2.1 Large Warehouses
10.1.2.2 Shopping Centers
10.1.2.3 Hospitals
10.1.2.4 Office Buildings
10.1.2.5 Others
10.2 Industrial
10.3 Residential
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weakness
11.4 Opportunities
11.5 Threat
12 Value Chain Analysis
13 Porter's Five Forces Analysis
13.1 Bargaining Power of Buyers
13.2 Bargaining Power of Suppliers
13.3 Degree of Competition
13.4 Threat of New Entrants
13.5 Threat of Substitutes
14 PESTEL Analysis
14.1 Overview
14.2 Political
14.3 Economic
14.4 Social
14.5 Technological
14.6 Environmental
14.7 Legal
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Superior Tank Co., Inc
15.3.2 Tank Connection, LLC
15.3.3 T.F. Warren Group Inc
15.3.4 CST Industries, Inc
15.3.5 National Storage Tank, Inc
15.3.6 Fisher Tank Company
15.3.7 DN Tanks, Inc
15.3.8 Gulf Coast Tank and Construction Co.
15.3.9 Pittsburg Tank & Tower Co Inc.
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