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Global Well Water Tank Market Is Expected to Reach US$ 320 Mn by 2025

Analysis of Global Well Water Tank market with detailed market segmentation, The report also includes the detailed company profiles of the key players in the market along with their market strategies.

 

Los Angeles, CA -- (SBWIRE) -- 02/22/2019 -- This report presents the worldwide Well Water Tank market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

A pressure tank is required in independent water system to maintain pressure in the system when the pump is not in operation. Currently, Well Tanks raw materials are mainly steel or composite.

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A pressure tank is required in independent water system to maintain pressure in the system when the pump is not in operation. Currently, Well Tanks raw materials are mainly steel or composite.

The major players are Pentair, Amtrol, A.O. Smith, Swan Group (Flexcon Industries), GRUNDFOS, Wessels Company and etc. the top 3 players cover % revenue market share.

The major types are Steel Well Tanks and Composite Well Tanks, Steel Well Tanks take a 64% revenue market share in 2017, and Composite Well Tanks take a 36% revenue market share in 2017.

The Well Water Tank market was valued at 290 Million US$ in 2017 and is projected to reach 320 Million US$ by 2025, at a CAGR of 1.5% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Well Water Tank.

The following manufacturers are covered:

Pentair (Ireland), Amtrol (USA), A.O. Smith (USA), Swan Group (USA), GRUNDFOS (Denmark), Wessels Company (USA)

Segment by Type
Steel Tanks, Composite Tanks

Segment by Application
Home Use, Commercial Use

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