Report Description

Forecast Period

2024-2028

Market Size (2022)

USD 247.67 Million

CAGR (2023-2028)

8.48%

Fastest Growing Segment

Fiberglass

Largest Market

Dubai

 

“UAE Water Tank Market is anticipated to grow at a steady CAGR during the forecast period of 2024-2028." A water storage tank is a vessel that holds water for both domestic and commercial usage. Water storage tanks come in a range of sizes and styles. They can be horizontal, vertical, or underground, and can be made from stone, concrete, fibreglass, plastic, or any combination of these materials. Corrosion, bacterial growth, and leakage are all potential threats to the water tank.

Water tanks can readily store large volumes of water for use in a range of applications, including drinking water, irrigated agriculture, fire suppression, chemical manufacturing, and food preparation. Polypropylene or polyethylene materials are commonly employed in their manufacture. They take less space on the floor than cement tanks. The most popular materials used to manufacture water tanks for home or commercial use are polyethylene, steel, or fibre glass. UAE is one of the world's most water-stressed countries., 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 UAE region.

The need for water in the region is growing due to the state's expanding population and use of water as local sources of water have dried up, thus the local authority requires massive storage tanks to keep the water that is utilised for important functions. Consumption rises as the population grows. Considering the need for water usage in the UAE, a substantial volume of Water Tank is being produced, fuelling growth in the Water Tank Market.

Government authorities focusing on water conservation.

Since water scarcity has become a major worry in the UAE, the government has taken essential steps to solve the problem. The government has taken great steps to develop water storage across the kingdom, including social measures. Given the remote locations, severe weather, environmental regulations, health, and safety issues, treating this water effectively, and consistently is crucial. The government is more concerned about water conservation, and local governments help enterprises build water storage tanks in their localities. This has a positive impact on the UAE Water Tank Market growth.

UAE Water Tank Market Challenges

The water tank treatment market in UAE has problems such as high cost of sophisticated technology, lack of understanding about water tank management, and water tank maintenance. One of the most common concerns associated with storage tanks is the accumulation of sand or silt. In some situations, this can be decreased by putting a filter at the storage tank's entry, but in many others, this is more expensive and less viable than just draining and cleaning the storage tank every few years. The operational costs for installation may also be a big barrier for the water tank industry affecting the market's growth rate.

 

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Market Segments

UAE Water Tank Market is divided based on products, raw material, size, and application. Based on products, the market is further bifurcated into plastic, concrete, metal, fiber glass, and others. Based on raw material, the market is divided into LLDPE (linear low-density polyethylene), HDPE (high density polyethylene), stainless steel, cement, and others. Based on size, the market is segmented into cylindrical, rectangular, and others. Based on application, the market is further segmented into commercial, residential, municipal, and industrial. The UAE Water Tank Market stood at USD XX Million in 2022 and is expected to register a steady CAGR during the forecast period.

Market Players

Major market players of UAE Water Tank Market are Alwafaa Group (Fibre Concepts), Al Murjan Star General Trading LLC (gooxoom), Cochin Steel LLC, Dubai Polymer L.L.C, Al Halabi Tanks Factory, Gulf Specialized Works Company, Reem Al Falaj Trading Co, Pioneer Water Tanks, Grp Tanks Trading LLC, and Al Shamsi Group of Industries.

Recent Developments

In Dec 2022, Water Line Tanks, a Reem Group firm, has been appointed as the UAE's Exclusive Distributor of SUNGIL GRP Tanks.

Attribute

Details

Base Year

2022

Historic Data

2018 – 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

Dubai, Abu Dhabi, Sharjah, Rest of UAE

Key companies profiled

Alwafaa Group (Fibre Concepts), Al Murjan Star General Trading LLC (gooxoom), Cochin Steel LLC, Dubai Polymer L.L.C, Gulf Specialized Works Company, Reem Al Falaj Trading Co, Al Halabi Tanks Factory, Al Shamsi Group of Industries, Grp Tanks Trading LLC, Pioneer Water Tanks

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, UAE Water Tank Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • UAE Water Tank Market, By Product:

o   Plastic

o   Concrete

o   Metal

o   Fiber Glass

o   Others  

  • UAE Water Tank Market, By Raw Material:

o   LLDPE

o   HDPE

o   Stainless Steel

o   Cement

o   Others

  • UAE Water Tank Market, By Size:

o   Cylindrical

o   Rectangular

o   Others

  • UAE Water Tank Market, By Application:

o   Commercial

o   Residential

o   Municipal

o   Industrial

  • UAE Water Tank Market, By Region:

o   Dubai

o   Abu Dhabi

o   Sharjah

o   Rest of UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in UAE Water Tank Market.

Available Customizations:

UAE Water Tank with the given market data, Tech Sci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

UAE Water Tank Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Impact of COVID-19 on UAE Water Tank Market

4.    Executive Summary

5.    Voice of Customers

6.    UAE Water Tank Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Product (Plastic, Concrete, Metal, Fiber Glass, Others)

6.2.2.    By Raw Material (LLDPE, HDPE, Stainless Steel, Cement, Others)

6.2.3.    By Size (Cylindrical, Rectangular, Others)

6.2.4.    By Application (Commercial, Residential, Municipal, and Industrial)

6.3.  By Region

6.4.  Market Map

7.    Dubai Water Tank Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Product

7.2.2.    By Raw Material

7.2.3.    By Size

7.2.4.    By Application

8.    Abu Dhabi Water Tank Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Product

8.2.2.    By Raw Material

8.2.3.    By Size

8.2.4.    By Application

9.    Sharjah Water Tank Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Product

9.2.2.    By Raw Material

9.2.3.    By Size

9.2.4.    By Application

10.  Market Dynamics

10.1.               Drivers

10.2.               Challenges

11.  Market Trends & Developments

12.  Policy & Regulatory Landscape

13.  UAE Economic Profile

14.  Company Profiles

14.1.               Alwafaa Group (Fibre Concepts)

14.1.1. Business Overview

14.1.2. Key Revenue and Financials (If available)

14.1.3. Recent Developments

14.1.4. Key Personnel

14.1.5. Key Product/Services

14.2.                Al Murjan Star General Trading LLC (gooxoom)

14.2.1. Business Overview

14.2.2. Key Revenue and Financials (If available)

14.2.3. Recent Developments

14.2.4. Key Personnel

14.2.5. Key Product/Services

14.3.               Cochin Steel LLC

14.3.1. Business Overview

14.3.2. Key Revenue and Financials (If available)

14.3.3. Recent Developments

14.3.4. Key Personnel

14.3.5. Key Product/Services

14.4.               Dubai Polymer L.L.C

14.4.1. Business Overview

14.4.2. Key Revenue and Financials (If available)

14.4.3. Recent Developments

14.4.4. Key Personnel

14.4.5. Key Product/Services

14.5.               Reem Al Falaj Trading Co

14.5.1. Business Overview

14.5.2. Key Revenue and Financials (If available)

14.5.3. Recent Developments

14.5.4. Key Personnel

14.5.5. Key Product/Services

14.6.               Al Halabi Tanks Factory

14.6.1. Business Overview

14.6.2. Key Revenue and Financials (If available)

14.6.3. Recent Developments

14.6.4. Key Personnel

14.6.5. Key Product/Services

14.7.               Al Shamsi Group of Industries

14.7.1. Business Overview

14.7.2. Key Revenue and Financials (If available)

14.7.3. Recent Developments

14.7.4. Key Personnel

14.7.5. Key Product/Services

14.8.               GRP Tanks Trading LLC

14.8.1. Business Overview

14.8.2. Key Revenue and Financials (If available)

14.8.3. Recent Developments

14.8.4. Key Personnel

14.8.5. Key Product/Services

14.9.               Pioneer Water Tanks

14.9.1. Business Overview

14.9.2. Key Revenue and Financials (If available)

14.9.3. Recent Developments

14.9.4. Key Personnel

14.9.5. Key Product/Services

14.10.             Gulf Specialized Works Company

14.10.1.               Business Overview

14.10.2.               Key Revenue and Financials (If available)

14.10.3.               Recent Developments

14.10.4.               Key Personnel

14.10.5.               Key Product/Services

15.  Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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Main market players in UAE Water Tank Market are Alwafaa Group (Fibre Concepts), Al Murjan Star General Trading LLC (gooxoom), Cochin Steel LLC, Gulf Specialized Works Company Dubai Polymer L.L.C, Reem Al Falaj Trading Co, Al Halabi Tanks Factory, Al Shamsi Group of Industries, Grp Tanks Trading LLC, Pioneer Water Tanks.

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Water tanks are used to store water for use in a variety of applications, including drinking water, irrigation agriculture, fire control, agricultural farming for both plants and livestock, chemical manufacture, food preparation, and many others.

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Dubai is the fastest growing region in the UAE Water Tank Market.

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Growing Population, consumption of water in the Kingdom, increase in the demand for water tanks in the agriculture and infrastructure sectors are the crucial factors driving the growth of UAE's Water Tank Market.

profile

Parvati Sharma

Account Manager BD
Press Release

UAE Water Tank market is expected to register a steady CAGR during the forecast period 2024-2028

Apr, 2023

Increased demand for water tanks in the agriculture and infrastructure sectors propels the UAE water tank market during the forecast period.