Los Angeles, CA -- (SBWire) -- 05/31/2019 --The classification of Above Ground Storage Tank includes Hazardous for Flammable Liquids, Hazardous for Other Materials and Non-hazardous Content. The proportion of Hazardous for Flammable Liquids in 2017 is about 57%.
RoW is the largest consumption place, with a consumption market share nearly 38% in 2017. Following North America, NA is the second largest consumption place with the consumption market share of 37%.
Market concentration degree is rather dispersion. CST Industries, McDermott, CIMC, Toyo Kanetsu, ISHII IRON WORKS, PermianLide, Motherwell Bridge, Fox Tank, Polymaster and Highland Tank are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
The global AST (Above Ground Storage Tank) market was 3088.2 million US$ in 2018 and is expected to 3322.5 million US$ by the end of 2025, growing at a CAGR of 1.1% between 2019 and 2025.
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This report studies the AST (Above Ground Storage Tank) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of AST (Above Ground Storage Tank) in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
CST Industries
McDermott
CIMC
Toyo Kanetsu
ISHII IRON WORKS
PermianLide
Motherwell Bridge
Fox Tank
Polymaster
Highland Tank
General Industries
Pfaudler
MEKRO
By the product type, the market is primarily split into
Hazardous for Flammable Liquids
Non-hazardous Content
Hazardous for Other Materials
By the end users/application, this report covers the following segments
Oil & Gas
Chemical Industry
Water & Wastewater
Others
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Global Above Ground Storage Tank Market Expected to Reach 3322.5 Million US$ by the End of 2025
QY Research has lately published a new report on “Global AST (Above Ground Storage Tank) Market Report, History and Forecast 2014-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application,” for the forecasted period 6-years, i.e. between 2019 and 2025.