DUBLIN, Mar. 04, 2014 /PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/mjzkd9/north_america) has announced the addition of the "Concise Analysis of the North American Water Storage Systems Market - Forecasts to 2018" report to their offering.
The North American water storage systems market is witnessing very high growth on account of rising demand for recycling and reuse of water, coupled with conservation and efficient use of it. It is estimated this need will become more pronounced in the future, especially in the North American region. Water storage systems enable saving and the containment of excess water for future use. These systems are mandatory as water is one of the vital natural resource and the availability of good quality fresh water is generally low.
It is of utmost importance that water is used sustainably for it to be available for future generations. Prevention of water losses (through leakage) and consumption monitoring can be achieved by using advanced storage tanks. New tanks available in the market are made from materials such as fiberglass-reinforced plastics and steel coated with advanced materials such as aluminum and epoxy resins. Such tanks have a better life span when compared with normal water storage tanks, thereby minimizing leakage problems. Technology also allows better monitoring of water usage, saving water resources to a huge extent. Increasing usage in the end user segment, such as hydraulic fracturing, on-site water and waste water collection, rain water harvesting, and others are also creating a strong market for these products in North America.
Several governments place emphasis on the installation of various water storage systems to harness the resource, so that it can be used optimally for varied purposes. Governmental regulations drive the storage of water, not only at the industrial level, but also at the residential level resulting in a mandatory usage of such storage systems everywhere. Hence, these systems play a crucial role in any infrastructure planning.
In the North American market, the industry comprises of a large number of small market participants with only a few major companies. Due to the presence of several players, the market is highly competitive.
Considerable capital investment and funding requirement, and apathy towards conservative water use in some sections are the major growth inhibitors of this market. The start of the green movement, and possible changes in EPA norms in the future will create market opportunities for the players in this industry. During the recovery from natural disaster, significant water storage infrastructure is required which provides a short term boom in this market.
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Market Overview
5 North America Water Storage Systems Market, By End Uses
6 Water Storage Systems Market, By Applications
7 Water Storage Systems Market, By Types
8 North America Water Storage Systems Market, By Countries
9 Competitive Landscape
10 Company Profiles
- BH Tank Inc
- Bushman USA
- CST Industries Inc
- Caldwell Tanks Inc
- Contain Water Systems Inc
- Containment Solutions Inc
- DN Tanks
- HMT Inc
- Maguire Iron Inc
- Preload Inc
- Rainwater Hog Llc
- Ridgeline Energy Services Inc
- Rockwater Energy Solutions
- Roth North America
- Snyder Industries Inc
- Tank Connection Llc
- The Crom Corporation
- Westeel Storage Solutions
- Xerxes Corporation
For more information visit http://www.researchandmarkets.com/research/mjzkd9/north_america
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SOURCE Research and Markets