According to the latest report by IMARC Group, titled “North America Fire Protection Water Storage Tanks Market Share: Industry Trends, Size, Growth, Opportunity and Forecast 2021-2026”, the North America fire protection water storage tanks market reached a value of US$ 247 Million in 2020. Looking forward, IMARC Group expects the market to exhibit strong growth during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Fire protection water storage tanks are widely used for supplying water to fire sprinkler systems. They are commonly utilized in high-rise buildings and warehouses with high-piled storage. These systems create a dedicated location for certain volumes of water that can be utilized for dousing fire. They are affordable and highly durable in nature with an extended service life. As a result, they are extensively utilized in residential and commercial spaces for avoiding fire-related injuries or deaths.
The North America fire protection water storage tanks market is majorly driven by the increasing incidences of fire-related injuries. The usage of fire protection water storage systems acts as a first line of defense against fire to provide enough time for individuals to escape imminent danger. The market is further driven by the rising demand for water storage tanks that ensure minimal water loss. Some of the other factors contributing to the market growth include rapid industrialization and the launch of high-performance smart variants in the market.
North America Fire Protection Water Storage Tanks Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the north america fire protection water storage tanks market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Superior Tank Co., Inc
- Tank Connection, LLC
- F. Warren Group Inc
- CST Industries, Inc
- National Storage Tank, Inc
- Fisher Tank Company
- DN Tanks, Inc
- Gulf Coast Tank and Construction Co.
- Pittsburg Tank & Tower Co Inc.
Key Market Segmentation:
The report has segmented the north america fire protection water storage tanks market on the basis of material type, coating type, country, size and application.
Breakup by Material Type:
- Steel
- Fiberglass
- Others
Breakup by Coating Type:
- Epoxy
- Glass-Fused-To-Steel
- Others
Breakup by Country:
- United States
- Canada
Breakup by Size:
- 100,000-250,000 Gallons
- 50,000-100,000 Gallons
- 25,000-50,000 Gallons
- >250,000 Gallons
- <25,000 Gallons
Breakup by Application:
- Commercial
- Industrial
- Residential
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/north-america-fire-protection-water-storage-tanks-market
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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