Product Code: ETC033239 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Saudi Arabia has witnessed a large growth in its metal tank market in the past few years due to rising demand from various industries such as oil & gas, water & wastewater treatment, and chemicals. The country is considered one of the most promising markets for metal tanks due to its vast mineral resources, advanced technology, and competitive cost structure. Metal tanks are used for storage of chemical products, liquid fuels, agricultural liquids, solids materials or other hazardous liquids/solids. Additionally, increasing focus on efficient waste management processes is expected to drive the demand for these tanks over the forecast period.
Increasing investments in infrastructure development activities across several industrial sectors including manufacturing and energy production are some of the key factors that will positively influence market growth over the forecast period. Furthermore, initiatives taken by government organizations such as Saudi Basic Industries Corporation (SABIC) towards modernizing their existing facilities via up-gradation will further boost product uptake among customers during this period. In addition to this stringent regulations by local authorities regarding safety standards & pollution control measures have resulted in increased adoption of these tanks which would eventually propel industry growth during 2025-2031 period.
Increase in raw material prices coupled with rise in transportation costs may hinder industry expansion over the coming years due to high total cost associated with installation & maintenance process when compared with conventional technologies available for storage solutions. Moreover availability issues related with certain components required while constructing tankers could further hamper potential investment opportunities within region negatively impacting overall segment value during assessment timeline.
With outbreak of Covid - 19 pandemic followed by complete lockdown imposed across country , majority of operational units have been forced to close down leading disruption into supply chain movement . This has caused considerable amount reduction within respective spendings since consumer demand has plummeted significantly resulting into decreased sales revenue generated from export orders . Despite situation gradually improving out there , present crisis still remains same limiting any kind developments observed within specific domain.
The top players operating in Saudi Arabia Metal Tank market include Al Khaleej Steel Industries Co., LTD., Al Zamil Metal Works Co., Jeddah Industrial & Contracting Est.(JICE), National Petrochemicals Industrial Company (NATPET), Arabia Metals Manufacturing LLC, ALESAYI Group, Golden Line Containers Factory Ltd., Midas International Corporation Ltd., Taisei Riko Global Trading Co., Ltd., Yeson Engineering Private Limited etc.
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 Saudi Arabia Metal Tank Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Metal Tank Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Metal Tank Market - Industry Life Cycle |
3.4 Saudi Arabia Metal Tank Market - Porter's Five Forces |
3.5 Saudi Arabia Metal Tank Market Revenues & Volume Share, By Installation Type, 2021 & 2031F |
3.6 Saudi Arabia Metal Tank Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
3.7 Saudi Arabia Metal Tank Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.8 Saudi Arabia Metal Tank Market Revenues & Volume Share, By Size, 2021 & 2031F |
3.9 Saudi Arabia Metal Tank Market Revenues & Volume Share, By Pressure Type, 2021 & 2031F |
3.10 Saudi Arabia Metal Tank Market Revenues & Volume Share, By Build Type, 2021 & 2031F |
4 Saudi Arabia Metal Tank Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrialization and urbanization in Saudi Arabia leading to higher demand for metal tanks in various sectors. |
4.2.2 Growth in the oil and gas industry in the region driving the need for storage solutions like metal tanks. |
4.2.3 Government initiatives to improve water infrastructure and storage facilities boosting the metal tank market. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the overall cost of metal tanks. |
4.3.2 Intense competition from alternative storage solutions like plastic tanks affecting market growth. |
4.3.3 Economic fluctuations and geopolitical factors influencing investment decisions in infrastructure projects. |
5 Saudi Arabia Metal Tank Market Trends |
6 Saudi Arabia Metal Tank Market, By Types |
6.1 Saudi Arabia Metal Tank Market, By Installation Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Metal Tank Market Revenues & Volume, By Installation Type, 2021-2031F |
6.1.3 Saudi Arabia Metal Tank Market Revenues & Volume, By Aboveground, 2021-2031F |
6.1.4 Saudi Arabia Metal Tank Market Revenues & Volume, By Underground, 2021-2031F |
6.2 Saudi Arabia Metal Tank Market, By End-Users |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Metal Tank Market Revenues & Volume, By Oil and gas, 2021-2031F |
6.2.3 Saudi Arabia Metal Tank Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Saudi Arabia Metal Tank Market Revenues & Volume, By Municipal and Others, 2021-2031F |
6.3 Saudi Arabia Metal Tank Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Metal Tank Market Revenues & Volume, By Fuel, 2021-2031F |
6.3.3 Saudi Arabia Metal Tank Market Revenues & Volume, By Water and Wastewater, 2021-2031F |
6.3.4 Saudi Arabia Metal Tank Market Revenues & Volume, By Fire Protection, 2021-2031F |
6.3.5 Saudi Arabia Metal Tank Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.6 Saudi Arabia Metal Tank Market Revenues & Volume, By Food and Beverage, 2021-2031F |
6.3.7 Saudi Arabia Metal Tank Market Revenues & Volume, By Paper and Pulp, 2021-2031F |
6.4 Saudi Arabia Metal Tank Market, By Size |
6.4.1 Overview and Analysis |
6.4.2 Saudi Arabia Metal Tank Market Revenues & Volume, By Below 5,000 Gallons, 2021-2031F |
6.4.3 Saudi Arabia Metal Tank Market Revenues & Volume, By 5,000 to 25,000 Gallons, 2021-2031F |
6.4.4 Saudi Arabia Metal Tank Market Revenues & Volume, By Over 25,000 Gallons, 2021-2031F |
6.5 Saudi Arabia Metal Tank Market, By Pressure Type |
6.5.1 Overview and Analysis |
6.5.2 Saudi Arabia Metal Tank Market Revenues & Volume, By Pressure, 2021-2031F |
6.5.3 Saudi Arabia Metal Tank Market Revenues & Volume, By Non- Pressure , 2021-2031F |
6.6 Saudi Arabia Metal Tank Market, By Build Type |
6.6.1 Overview and Analysis |
6.6.2 Saudi Arabia Metal Tank Market Revenues & Volume, By Custom Fabricated at the Factory, 2021-2031F |
6.6.3 Saudi Arabia Metal Tank Market Revenues & Volume, By Custom Fabricated and Field Erected, 2021-2031F |
7 Saudi Arabia Metal Tank Market Import-Export Trade Statistics |
7.1 Saudi Arabia Metal Tank Market Export to Major Countries |
7.2 Saudi Arabia Metal Tank Market Imports from Major Countries |
8 Saudi Arabia Metal Tank Market Key Performance Indicators |
8.1 Average lead time for metal tank manufacturing and delivery. |
8.2 Rate of adoption of advanced technologies in metal tank production. |
8.3 Percentage of market share held by key players in the Saudi Arabia metal tank market. |
9 Saudi Arabia Metal Tank Market - Opportunity Assessment |
9.1 Saudi Arabia Metal Tank Market Opportunity Assessment, By Installation Type, 2021 & 2031F |
9.2 Saudi Arabia Metal Tank Market Opportunity Assessment, By End-Users, 2021 & 2031F |
9.3 Saudi Arabia Metal Tank Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.4 Saudi Arabia Metal Tank Market Opportunity Assessment, By Size, 2021 & 2031F |
9.5 Saudi Arabia Metal Tank Market Opportunity Assessment, By Pressure Type, 2021 & 2031F |
9.6 Saudi Arabia Metal Tank Market Opportunity Assessment, By Build Type, 2021 & 2031F |
10 Saudi Arabia Metal Tank Market - Competitive Landscape |
10.1 Saudi Arabia Metal Tank Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Metal Tank Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |