| Product Code: ETC6191922 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Australia steel pressure water tank market, the import trend experienced a -8.03% growth rate from 2023 to 2024, with a compound annual growth rate (CAGR) of 4.9% from 2020 to 2024. This decline in import momentum in 2024 could be attributed to shifting demand patterns or changes in trade policies impacting market stability.
The steel pressure water tank market in Australia is expanding due to the growing demand for durable and reliable water storage solutions in both residential and commercial sectors. Steel pressure tanks are widely used for water distribution, irrigation systems, and in industries that require high-pressure water systems. The market is supported by the construction of new infrastructure, increased water management needs, and the expansion of industries such as mining and agriculture, which rely on efficient water systems.
The Australia steel pressure water tank market is growing in response to the need for reliable water storage solutions in both residential and industrial sectors. A key trend is the increasing demand for corrosion-resistant steel tanks, driven by the need for long-lasting, low-maintenance water storage solutions. Additionally, there is a growing interest in modular and customizable steel tanks, which allow for scalable and flexible water storage solutions. As water scarcity becomes a more pressing concern, there is also a focus on improving the efficiency and sustainability of water tank systems.
This market is impacted by the fluctuating prices of raw materials like steel, which affect production costs. Moreover, the need to adhere to high safety and corrosion-resistance standards requires investments in coatings and treatments. The growing popularity of plastic and composite tanks due to their cost-effectiveness and portability threatens the market share of steel tanks.
Investments in steel pressure water tanks benefit from Australias water infrastructure and rural development initiatives. Local councils and federal agencies support such investments through sustainability-focused grants and drought resilience funding. Foreign investors are welcomed, especially when introducing advanced corrosion-resistant technologies or modular solutions for remote communities.
The steel pressure water tank market is shaped by government standards on water safety, construction compliance, and environmental sustainability. Tanks used for potable water must meet Australia Standard AS/NZS 4020 for drinking water contact materials. Building codes and state-based regulations govern the installation of pressure tanks, particularly in rural and agricultural zones. Additionally, water conservation policies encourage the use of durable, efficient water storage solutions, indirectly supporting the market.
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 Australia Steel Pressure Water Tank Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Steel Pressure Water Tank Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Steel Pressure Water Tank Market - Industry Life Cycle |
3.4 Australia Steel Pressure Water Tank Market - Porter's Five Forces |
3.5 Australia Steel Pressure Water Tank Market Revenues & Volume Share, By Tank Type, 2021 & 2031F |
3.6 Australia Steel Pressure Water Tank Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Australia Steel Pressure Water Tank Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Australia Steel Pressure Water Tank Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for sustainable water storage solutions |
4.2.2 Increasing urbanization and industrialization leading to higher water consumption |
4.2.3 Government initiatives promoting water conservation and storage infrastructure development |
4.3 Market Restraints |
4.3.1 Volatile raw material prices impacting production costs |
4.3.2 Competition from alternative materials such as plastic and fiberglass tanks |
4.3.3 Regulatory challenges related to environmental standards and certifications |
5 Australia Steel Pressure Water Tank Market Trends |
6 Australia Steel Pressure Water Tank Market, By Types |
6.1 Australia Steel Pressure Water Tank Market, By Tank Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Steel Pressure Water Tank Market Revenues & Volume, By Tank Type, 2021- 2031F |
6.1.3 Australia Steel Pressure Water Tank Market Revenues & Volume, By Diaphragm, 2021- 2031F |
6.1.4 Australia Steel Pressure Water Tank Market Revenues & Volume, By Bladder Pressure, 2021- 2031F |
6.1.5 Australia Steel Pressure Water Tank Market Revenues & Volume, By Air-Over-Water, 2021- 2031F |
6.2 Australia Steel Pressure Water Tank Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Australia Steel Pressure Water Tank Market Revenues & Volume, By Horizontal, 2021- 2031F |
6.2.3 Australia Steel Pressure Water Tank Market Revenues & Volume, By Vertical, 2021- 2031F |
6.3 Australia Steel Pressure Water Tank Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Australia Steel Pressure Water Tank Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.3 Australia Steel Pressure Water Tank Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.4 Australia Steel Pressure Water Tank Market Revenues & Volume, By Industrial, 2021- 2031F |
6.3.5 Australia Steel Pressure Water Tank Market Revenues & Volume, By Infrastructure, 2021- 2031F |
7 Australia Steel Pressure Water Tank Market Import-Export Trade Statistics |
7.1 Australia Steel Pressure Water Tank Market Export to Major Countries |
7.2 Australia Steel Pressure Water Tank Market Imports from Major Countries |
8 Australia Steel Pressure Water Tank Market Key Performance Indicators |
8.1 Average selling price of steel pressure water tanks |
8.2 Adoption rate of steel pressure water tanks in commercial and industrial sectors |
8.3 Number of government projects incorporating steel pressure water tanks for water storage and conservation |
8.4 Customer satisfaction and retention rates for steel pressure water tank manufacturers |
9 Australia Steel Pressure Water Tank Market - Opportunity Assessment |
9.1 Australia Steel Pressure Water Tank Market Opportunity Assessment, By Tank Type, 2021 & 2031F |
9.2 Australia Steel Pressure Water Tank Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Australia Steel Pressure Water Tank Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Australia Steel Pressure Water Tank Market - Competitive Landscape |
10.1 Australia Steel Pressure Water Tank Market Revenue Share, By Companies, 2024 |
10.2 Australia Steel Pressure Water Tank Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |