Water Storage Systems Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

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Water Storage Systems Market - Global
Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2016 - 2024
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REPORT DESCRIPTION
Global Water Storage Systems Market
Water scarcity in various regions has led to the extensive usage of water storage systems across the residential and
municipal sectors. In the commercial and industrial sectors, the need for recycled or treated and fresh water for
different purposes, especially in oil and gas refineries, has propelled the demand for water storage systems. Water
storage systems are composed of materials such as steel, fiberglass, plastic, and concrete. Water storage systems
made of concrete are usually preferred by consumers.
Complete Report with TOC : http://www.transparencymarketresearch.com/water-storage-systemsmarket.html
Water storage systems are used in various end-use industries such as commercial, residential, municipal, and
industrial. Municipal is the largest end-use industry in the market, as it is engaged in the supply and distribution of
potable water to urban, semi-urban, and rural regions. Municipalities look after a vast network of water storage
systems to store and deliver water according to the needs of communities. In terms of application, the global water
storage systems market has been witnessing significant demand from the oil and gas industry, where hydraulic
fracture requires a large amount of water to be stored. The used water after the fracturing process needs to be
further stored and treated before being released into the environment. Rise in oil and gas exploration activities has
contributed to the demand for water storage systems.
Global Water Storage Systems Market: Overview
Rapid increase in population has led to a rising demand for potable water across urban and rural areas and domestic
and public service enterprises. Water scarcity is expected to be the single most impactful outcome of global
warming. According to a new report by the United Nations, about half of the world’s population could be facing
severe water scarcity by 2030, when demand is expected to outstrip supply by 40%. Growing concerns for
conservative water usage due to the scarcity of potable water across various regions has propelled the growth of the
global water storage systems market. Increase in the usage of water across the industrial and commercial sectors
has also fuelled the demand for water storage systems. However, high capital investment and funding required for
the installation of water storage systems is expected to hamper the growth of the market in the near future. The
global water storage systems market offers immense growth opportunities, led by the increased focus on recycled
and reused water by the industrial sector. Focus on innovation and modification of water storage systems is also
expected to boost the market.
Global Water Storage Systems Market: Region-wise Outlook
The global water storage systems market has been segmented into four key regions: Europe, North America, Asia
Pacific, and Rest of the World. Developed economies in North America and Europe have contributed significantly
toward the growth of the global water storage systems market; however, the market in Asia Pacific and Rest of the
World has high potential to expand, as rising scarcity of potable water has led to increased awareness about water
conservation in these regions. This has fueled the demand for water storage systems. In Asia Pacific, countries such
as India are witnessing severe water shortage. As a result, the demand for water storage systems is rising. In North
America, the rapid growth of the water storage systems market can be attributed to extensive oil and gas extraction
activities that require reused as well as fresh water.
Key players operating in the global water storage systems market include AG Growth International Inc.,
Synalloy Corporation, Aqua Dam Inc., Fiber Technology Corporation Inc., American Structures Inc., Aqua
Nishihara Corporation Limited, DN Tanks, Pulsed Hydraulics Inc., De Nora Water Technologies, Superior
Tank Co. Inc., and GENMOD SERV. Key market players are exploring mergers and acquisitions, while focusing on
the development of water storage systems with novel materials.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical
data, and verifiable projections about market size. The projections featured in the report have been derived using
proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis
and information for every facet of the market, including but not limited to: Regional markets, technology, types, and
applications.
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Complete Report with TOC : http://www.transparencymarketresearch.com/water-storagesystems-market.html

Global Water Storage Systems Market Water scarcity in various regions has led to the extensive usage of water storage systems across the residential and municipal sectors. In the commercial and industrial sectors, the need for recycled or treated and fresh water for different purposes, especially in oil and gas refineries, has propelled the demand for water storage systems. Water storage systems are composed of materials such as steel, fiberglass, plastic, and concrete. Water storage systems made of concrete are usually preferred by consumers. Download Free exclusive Sample of this report : http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=11723