Glass Fused to Steel Tanks Market, Global Outlook and Forecast 2024-2030
The global Glass Fused to Steel Tanks market size was valued at US$ 456.7 million in 2024 and is projected to reach US$ 634.5 million by 2030, at a CAGR of 5.6% during the forecast period 2024-2030.
The United States Glass Fused to Steel Tanks market size was valued at US$ 123.4 million in 2024 and is projected to reach US$ 165.8 million by 2030, at a CAGR of 5.0% during the forecast period 2024-2030.
Glass Fused to Steel Tanks are storage vessels featuring a glass-fused-to-steel coating technology that provides superior corrosion resistance and durability for various liquid storage applications.
The global Glass Fused to Steel Tanks market is expanding moderately, driven by water treatment infrastructure and industrial storage needs. In 2023, total installed capacity reached 15 million cubic meters, with municipal water storage accounting for 45% of installations. The market saw an 18% increase in demand for larger capacity tanks in 2023. Water storage tanks dominate with a 50% market share, while industrial storage applications are growing at 8% annually. Europe leads with a 35% market share, while Asia Pacific is the fastest-growing region at 6.8% CAGR. The industry is focusing on developing advanced coating technologies, with a 22% growth in R&D investments for enhanced durability and chemical resistance.
Report Overview
This report provides a deep insight into the global Glass Fused to Steel Tanks market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Glass Fused to Steel Tanks Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Glass Fused to Steel Tanks market in any manner.
Global Glass Fused to Steel Tanks Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
CST
Center Enamel
YHR Tanks
APRO Industrie
UIG Tanks
Climate Tanks
TF Warren Group
Hayes GFS
Greatario
Permastore
National Storage Tank
Contain Water Tanks
MB Holding
Market Segmentation (by Type)
Two-Layer Sheet
Single-Layer Sheet
Market Segmentation (by Application)
Bio-Energy
Municipal Sewage
Landfill Leachate
Industrial Wastewater Treatment
Other
Geographic Segmentation
