India Storage Tank Market (2025-2031) | Segmentation, Companies, Trends, Growth, Value, Analysis, Outlook, Forecast, Size & Revenue, Industry, Share, Competitive Landscape

Name: India Storage Tank Market (2025-2031) | Segmentation & Companies
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Storage Tank Market, India Storage Tank Market, India Storage Tank Market Revenues, India Storage Tank Market Share, India Storage Tank Market Size, India Storage Tank Market Outlook, India Storage Tank Market Report, India Storage Tank Market Competition, India Storage Tank Market Overview, India Storage Tank Market Trends, India Storage Tank Market Forecast

Market Forecast By Material Type (Top Wear, Plastic, Metal, FRP, Others), By Application (Fluorocarbon, Inorganic, Hydrocarbon/Natural), By Installation Type (Up to 50 cu. ft., 50 cu. ft. to 100 cu. ft., Above 100 cu. ft.), By Capacity (Less than 1,000 Gallons, 1,001 to 10,000 Gallons, Above 10,001 Gallons), By End-use Industry (Power Generation, Petrochemical, Paper & Pulp, Food & Beverage, Water & Wastewater, Oil & Gas, Others) And Competitive Landscape

Product Code: ETC7554697	Publication Date: Sep 2024	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Summon Dutta	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

India Storage Tank Market Top 5 Importing Countries and Market Competition (HHI) Analysis

India`s storage tank import shipments in 2024 continued to be dominated by top exporters including China, USA, Brazil, Italy, and Malaysia. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. However, the industry experienced a significant decline with a negative compound annual growth rate (CAGR) of -18.54% from 2020 to 2024. The growth rate in 2024 alone plummeted by -48.34%, reflecting challenging dynamics in the market. Observing these trends could provide valuable insights for stakeholders navigating the evolving landscape of storage tank imports in India.

India Storage Tank Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

India Storage Tank Market Outlook
Market Size of India Storage Tank Market, 2024
Forecast of India Storage Tank Market, 2031
Historical Data and Forecast of India Storage Tank Revenues & Volume for the Period 2021- 2031
India Storage Tank Market Trend Evolution
India Storage Tank Market Drivers and Challenges
India Storage Tank Price Trends
India Storage Tank Porter's Five Forces
India Storage Tank Industry Life Cycle
Historical Data and Forecast of India Storage Tank Market Revenues & Volume By Material Type for the Period 2021- 2031
Historical Data and Forecast of India Storage Tank Market Revenues & Volume By Top Wear for the Period 2021- 2031
Historical Data and Forecast of India Storage Tank Market Revenues & Volume By Plastic for the Period 2021- 2031
Historical Data and Forecast of India Storage Tank Market Revenues & Volume By Metal for the Period 2021- 2031
Historical Data and Forecast of India Storage Tank Market Revenues & Volume By FRP for the Period 2021- 2031
Historical Data and Forecast of India Storage Tank Market Revenues & Volume By Others for the Period 2021- 2031
Historical Data and Forecast of India Storage Tank Market Revenues & Volume By Application for the Period 2021- 2031
Historical Data and Forecast of India Storage Tank Market Revenues & Volume By Fluorocarbon for the Period 2021- 2031
Historical Data and Forecast of India Storage Tank Market Revenues & Volume By Inorganic for the Period 2021- 2031
Historical Data and Forecast of India Storage Tank Market Revenues & Volume By Hydrocarbon/Natural for the Period 2021- 2031
Historical Data and Forecast of India Storage Tank Market Revenues & Volume By Installation Type for the Period 2021- 2031
Historical Data and Forecast of India Storage Tank Market Revenues & Volume By Up to 50 cu. ft. for the Period 2021- 2031
Historical Data and Forecast of India Storage Tank Market Revenues & Volume By 50 cu. ft. to 100 cu. ft. for the Period 2021- 2031
Historical Data and Forecast of India Storage Tank Market Revenues & Volume By Above 100 cu. ft. for the Period 2021- 2031
Historical Data and Forecast of India Storage Tank Market Revenues & Volume By Capacity for the Period 2021- 2031
Historical Data and Forecast of India Storage Tank Market Revenues & Volume By Less than 1,000 Gallons for the Period 2021- 2031
Historical Data and Forecast of India Storage Tank Market Revenues & Volume By 1,001 to 10,000 Gallons for the Period 2021- 2031
Historical Data and Forecast of India Storage Tank Market Revenues & Volume By Above 10,001 Gallons for the Period 2021- 2031
Historical Data and Forecast of India Storage Tank Market Revenues & Volume By End-use Industry for the Period 2021- 2031
Historical Data and Forecast of India Storage Tank Market Revenues & Volume By Power Generation for the Period 2021- 2031
Historical Data and Forecast of India Storage Tank Market Revenues & Volume By Petrochemical for the Period 2021- 2031
Historical Data and Forecast of India Storage Tank Market Revenues & Volume By Paper & Pulp for the Period 2021- 2031
Historical Data and Forecast of India Storage Tank Market Revenues & Volume By Food & Beverage for the Period 2021- 2031
Historical Data and Forecast of India Storage Tank Market Revenues & Volume By Water & Wastewater for the Period 2021- 2031
Historical Data and Forecast of India Storage Tank Market Revenues & Volume By Oil & Gas for the Period 2021- 2031
Historical Data and Forecast of India Storage Tank Market Revenues & Volume By Others for the Period 2021- 2031
India Storage Tank Import Export Trade Statistics
Market Opportunity Assessment By Material Type
Market Opportunity Assessment By Application
Market Opportunity Assessment By Installation Type
Market Opportunity Assessment By Capacity
Market Opportunity Assessment By End-use Industry
India Storage Tank Top Companies Market Share
India Storage Tank Competitive Benchmarking By Technical and Operational Parameters
India Storage Tank Company Profiles
India Storage Tank Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Storage Tank Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Storage Tank Market Revenues & Volume, 2021 & 2031F

3.3 India Storage Tank Market - Industry Life Cycle

3.4 India Storage Tank Market - Porter's Five Forces

3.5 India Storage Tank Market Revenues & Volume Share, By Material Type, 2021 & 2031F

3.6 India Storage Tank Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 India Storage Tank Market Revenues & Volume Share, By Installation Type, 2021 & 2031F

3.8 India Storage Tank Market Revenues & Volume Share, By Capacity, 2021 & 2031F

3.9 India Storage Tank Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F

4 India Storage Tank Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing industrialization and infrastructure development in India leading to higher demand for storage tanks.

4.2.2 Growth in the oil and gas industry, particularly the expansion of refineries and petrochemical plants, driving the need for storage facilities.

4.2.3 Government initiatives and investments in sectors like water treatment, agriculture, and pharmaceuticals boosting the storage tank market.

4.3 Market Restraints

4.3.1 Fluctuating raw material prices impacting the overall cost of storage tank production.

4.3.2 Stringent regulations and compliance requirements for storage tank installations, leading to increased operational costs.

4.3.3 Competition from alternative storage solutions such as flexible tanks and underground storage reducing the demand for traditional storage tanks.

5 India Storage Tank Market Trends

6 India Storage Tank Market, By Types

6.1 India Storage Tank Market, By Material Type

6.1.1 Overview and Analysis

6.1.2 India Storage Tank Market Revenues & Volume, By Material Type, 2021- 2031F

6.1.3 India Storage Tank Market Revenues & Volume, By Top Wear, 2021- 2031F

6.1.4 India Storage Tank Market Revenues & Volume, By Plastic, 2021- 2031F

6.1.5 India Storage Tank Market Revenues & Volume, By Metal, 2021- 2031F

6.1.6 India Storage Tank Market Revenues & Volume, By FRP, 2021- 2031F

6.1.7 India Storage Tank Market Revenues & Volume, By Others, 2021- 2031F

6.2 India Storage Tank Market, By Application

6.2.1 Overview and Analysis

6.2.2 India Storage Tank Market Revenues & Volume, By Fluorocarbon, 2021- 2031F

6.2.3 India Storage Tank Market Revenues & Volume, By Inorganic, 2021- 2031F

6.2.4 India Storage Tank Market Revenues & Volume, By Hydrocarbon/Natural, 2021- 2031F

6.3 India Storage Tank Market, By Installation Type

6.3.1 Overview and Analysis

6.3.2 India Storage Tank Market Revenues & Volume, By Up to 50 cu. ft., 2021- 2031F

6.3.3 India Storage Tank Market Revenues & Volume, By 50 cu. ft. to 100 cu. ft., 2021- 2031F

6.3.4 India Storage Tank Market Revenues & Volume, By Above 100 cu. ft., 2021- 2031F

6.4 India Storage Tank Market, By Capacity

6.4.1 Overview and Analysis

6.4.2 India Storage Tank Market Revenues & Volume, By Less than 1,000 Gallons, 2021- 2031F

6.4.3 India Storage Tank Market Revenues & Volume, By 1,001 to 10,000 Gallons, 2021- 2031F

6.4.4 India Storage Tank Market Revenues & Volume, By Above 10,001 Gallons, 2021- 2031F

6.5 India Storage Tank Market, By End-use Industry

6.5.1 Overview and Analysis

6.5.2 India Storage Tank Market Revenues & Volume, By Power Generation, 2021- 2031F

6.5.3 India Storage Tank Market Revenues & Volume, By Petrochemical, 2021- 2031F

6.5.4 India Storage Tank Market Revenues & Volume, By Paper & Pulp, 2021- 2031F

6.5.5 India Storage Tank Market Revenues & Volume, By Food & Beverage, 2021- 2031F

6.5.6 India Storage Tank Market Revenues & Volume, By Water & Wastewater, 2021- 2031F

6.5.7 India Storage Tank Market Revenues & Volume, By Oil & Gas, 2021- 2031F

7 India Storage Tank Market Import-Export Trade Statistics

7.1 India Storage Tank Market Export to Major Countries

7.2 India Storage Tank Market Imports from Major Countries

8 India Storage Tank Market Key Performance Indicators

8.1 Average capacity utilization rate of storage tanks in India.

8.2 Number of new storage tank installations in key industries.

8.3 Average lead time for storage tank project completion.

8.4 Percentage of storage tank failures or leaks reported.

8.5 Adoption rate of innovative technologies in storage tank manufacturing and maintenance.

9 India Storage Tank Market - Opportunity Assessment

9.1 India Storage Tank Market Opportunity Assessment, By Material Type, 2021 & 2031F

9.2 India Storage Tank Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 India Storage Tank Market Opportunity Assessment, By Installation Type, 2021 & 2031F

9.4 India Storage Tank Market Opportunity Assessment, By Capacity, 2021 & 2031F

9.5 India Storage Tank Market Opportunity Assessment, By End-use Industry, 2021 & 2031F

10 India Storage Tank Market - Competitive Landscape

10.1 India Storage Tank Market Revenue Share, By Companies, 2024

10.2 India Storage Tank Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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