| Product Code: ETC6321787 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Barbados saw a significant rise in storage tank imports in 2024, with top exporters being Austria, USA, China, and Norway. Despite excluding certain countries like Italy, the market remained highly concentrated, indicating limited competition. The industry showed steady growth with a CAGR of 3.02% from 2020 to 2024. Notably, the growth rate spiked by 185.74% from 2023 to 2024, reflecting a surge in demand for storage tanks in Barbados during that period.

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 Barbados Storage Tank Market Overview |
3.1 Barbados Country Macro Economic Indicators |
3.2 Barbados Storage Tank Market Revenues & Volume, 2021 & 2031F |
3.3 Barbados Storage Tank Market - Industry Life Cycle |
3.4 Barbados Storage Tank Market - Porter's Five Forces |
3.5 Barbados Storage Tank Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Barbados Storage Tank Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Barbados Storage Tank Market Revenues & Volume Share, By Installation Type, 2021 & 2031F |
3.8 Barbados Storage Tank Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.9 Barbados Storage Tank Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Barbados Storage Tank Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Barbados Storage Tank Market Trends |
6 Barbados Storage Tank Market, By Types |
6.1 Barbados Storage Tank Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Barbados Storage Tank Market Revenues & Volume, By Material Type, 2021- 2031F |
6.1.3 Barbados Storage Tank Market Revenues & Volume, By Top Wear, 2021- 2031F |
6.1.4 Barbados Storage Tank Market Revenues & Volume, By Plastic, 2021- 2031F |
6.1.5 Barbados Storage Tank Market Revenues & Volume, By Metal, 2021- 2031F |
6.1.6 Barbados Storage Tank Market Revenues & Volume, By FRP, 2021- 2031F |
6.1.7 Barbados Storage Tank Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Barbados Storage Tank Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Barbados Storage Tank Market Revenues & Volume, By Fluorocarbon, 2021- 2031F |
6.2.3 Barbados Storage Tank Market Revenues & Volume, By Inorganic, 2021- 2031F |
6.2.4 Barbados Storage Tank Market Revenues & Volume, By Hydrocarbon/Natural, 2021- 2031F |
6.3 Barbados Storage Tank Market, By Installation Type |
6.3.1 Overview and Analysis |
6.3.2 Barbados Storage Tank Market Revenues & Volume, By Up to 50 cu. ft., 2021- 2031F |
6.3.3 Barbados Storage Tank Market Revenues & Volume, By 50 cu. ft. to 100 cu. ft., 2021- 2031F |
6.3.4 Barbados Storage Tank Market Revenues & Volume, By Above 100 cu. ft., 2021- 2031F |
6.4 Barbados Storage Tank Market, By Capacity |
6.4.1 Overview and Analysis |
6.4.2 Barbados Storage Tank Market Revenues & Volume, By Less than 1,000 Gallons, 2021- 2031F |
6.4.3 Barbados Storage Tank Market Revenues & Volume, By 1,001 to 10,000 Gallons, 2021- 2031F |
6.4.4 Barbados Storage Tank Market Revenues & Volume, By Above 10,001 Gallons, 2021- 2031F |
6.5 Barbados Storage Tank Market, By End-use Industry |
6.5.1 Overview and Analysis |
6.5.2 Barbados Storage Tank Market Revenues & Volume, By Power Generation, 2021- 2031F |
6.5.3 Barbados Storage Tank Market Revenues & Volume, By Petrochemical, 2021- 2031F |
6.5.4 Barbados Storage Tank Market Revenues & Volume, By Paper & Pulp, 2021- 2031F |
6.5.5 Barbados Storage Tank Market Revenues & Volume, By Food & Beverage, 2021- 2031F |
6.5.6 Barbados Storage Tank Market Revenues & Volume, By Water & Wastewater, 2021- 2031F |
6.5.7 Barbados Storage Tank Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
7 Barbados Storage Tank Market Import-Export Trade Statistics |
7.1 Barbados Storage Tank Market Export to Major Countries |
7.2 Barbados Storage Tank Market Imports from Major Countries |
8 Barbados Storage Tank Market Key Performance Indicators |
9 Barbados Storage Tank Market - Opportunity Assessment |
9.1 Barbados Storage Tank Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Barbados Storage Tank Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Barbados Storage Tank Market Opportunity Assessment, By Installation Type, 2021 & 2031F |
9.4 Barbados Storage Tank Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.5 Barbados Storage Tank Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Barbados Storage Tank Market - Competitive Landscape |
10.1 Barbados Storage Tank Market Revenue Share, By Companies, 2024 |
10.2 Barbados Storage Tank Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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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