Saudi Arabia Water Tanks Market by Product (Plastic, Concrete, Metal, Fiber Glass, Others), By Raw Material (LLDPE, HDPE, Stainless Steel, Cement, Others), By Size (Cylindrical, Rectangular, Others), By Application (Commercial, Residential, Municipal, Industrial), By Region, Competition, Forecast & Opportunities, 2028F

Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Water and Waste Management | Format: Report available in PDF / Excel Format

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Saudi Arabia Water Tanks Market by Product (Plastic, Concrete, Metal, Fiber Glass, Others), By Raw Material (LLDPE, HDPE, Stainless Steel, Cement, Others), By Size (Cylindrical, Rectangular, Others), By Application (Commercial, Residential, Municipal, Industrial), By Region, Competition, Forecast & Opportunities, 2028F

Saudi Arabia Water Tank market

Large amounts of water may be conveniently stored in water tanks for use in a variety of purposes, including drinking water, irrigated agriculture, fire suppression, chemical manufacture, and food preparation. Polypropylene or polyethylene materials are typically used to make them. Compared to cement tanks, they take up less area on the floor. Polyethylene, steel, or fibre glass are the most common materials used to make water tanks for residential or commercial usage. The tanks can range in size from 200 litres to more than 10,000 litres and are found at in different designs.

Saudi Arabia is one of the world's most water-stressed countries. The extreme water shortage threshold is 500 cubic metres per capital, which is why the country's need for water tanks is expected to rise in the next years.

Growing Population and Consumption of Water in the Kingdom

Due to the region's growing population and state-wide water usage as a result of local water sources drying out, the local authority needs big storage tanks to hold the water that is utilised for essential reasons.

Government Authorities Focusing on Water Conservation.

Since water scarcity becomes major problem in Saudi Arabia, the government has taken crucial steps to overcome water scarcity issues. The government has launched numerous welfare measures and taken important steps toward implementing water storage in the Kingdom. Given the remote locations, extreme weather conditions, environmental laws, and health and safety issues, it is critical to treat this water properly, efficiently, and consistently. The government is focusing more on water conservation, and local authorities are helping companies build water storage facilities in the area. This is having a positive impact on the expansion of the water tank market.

Saudi Arabia Water Tank Market Challenges

In Saudi Arabia, the water tank treatment market has challenges such as the high cost of intensive technology, lack of awareness about water tank management, and maintenance of water tanks. The collection of sand or silt in storage tanks is one of the most typical problems connected with storage tanks. This can be reduced in certain circumstances by installing a filter on the storage tank's entrance. However, in many cases, this is more expensive and less feasible than just draining and cleaning the storage tank every few years. The operating cost for installation also could be a major challenge for water tank market affecting the growth rate of the market.

Market Segments


MIR Segment1

Market Players

Major market players of

Recent Developments

In April 2020,

Attribute

Details

Base Year

2022

Historic Data

2018 â€“ 2021

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

Product

Raw Material

Size

Application

Region

Regional scope

Western Region, Northern & Central Region, Eastern Region, Southern Region

Key companies profiled

SAWACO Water Company, Al Zamil Industry and Trade Co., National Polyethylene Company, Wataniya Fiber Glass Reinforced Plastic Factory Co. W.L.L, National Water Company, Gulf Specialized Works Company, Marjan Factory Company, Pipeco Water Tanks Company, Jash Technical Services Company, CB&I Storage Solutions, Ekomaxi Sectional Panel GRP Water Tank Manufacturers

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