| Product Code: ETC10899342 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
India`s tank import shipments in 2024 saw a significant growth rate of 30.31%, with the top exporting countries being China, Netherlands, USA, Malaysia, and India itself. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained low in 2024 compared to 2023. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 13.31%, indicating a positive trend in the tank import market in India. This data suggests a continued interest and demand for tank imports in the country, with diverse sources contributing to the supply chain.

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 India Tank Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Tank Market Revenues & Volume, 2021 & 2031F |
3.3 India Tank Market - Industry Life Cycle |
3.4 India Tank Market - Porter's Five Forces |
3.5 India Tank Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Tank Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Tank Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.8 India Tank Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.9 India Tank Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 India Tank Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrialization and infrastructure development in India leading to higher demand for tanks for storage of various liquids. |
4.2.2 Growing agricultural sector driving the need for irrigation water storage tanks. |
4.2.3 Government initiatives promoting water conservation and rainwater harvesting, boosting the demand for tanks. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the manufacturing cost of tanks. |
4.3.2 Lack of awareness about the benefits of using tanks for water storage among certain consumer segments. |
4.3.3 Competition from alternative storage solutions like concrete tanks or underground tanks. |
5 India Tank Market Trends |
6 India Tank Market, By Types |
6.1 India Tank Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Tank Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 India Tank Market Revenues & Volume, By Storage Tank, 2021 - 2031F |
6.1.4 India Tank Market Revenues & Volume, By Process Tank, 2021 - 2031F |
6.1.5 India Tank Market Revenues & Volume, By Water Tank, 2021 - 2031F |
6.2 India Tank Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Tank Market Revenues & Volume, By Oil Storage, 2021 - 2031F |
6.2.3 India Tank Market Revenues & Volume, By Chemical Processing, 2021 - 2031F |
6.2.4 India Tank Market Revenues & Volume, By Water Storage, 2021 - 2031F |
6.3 India Tank Market, By Material Type |
6.3.1 Overview and Analysis |
6.3.2 India Tank Market Revenues & Volume, By Steel, 2021 - 2031F |
6.3.3 India Tank Market Revenues & Volume, By Fiberglass, 2021 - 2031F |
6.3.4 India Tank Market Revenues & Volume, By Polyethylene, 2021 - 2031F |
6.4 India Tank Market, By Capacity |
6.4.1 Overview and Analysis |
6.4.2 India Tank Market Revenues & Volume, By Large Volume, 2021 - 2031F |
6.4.3 India Tank Market Revenues & Volume, By Medium Volume, 2021 - 2031F |
6.4.4 India Tank Market Revenues & Volume, By Small Volume, 2021 - 2031F |
6.5 India Tank Market, By Industry |
6.5.1 Overview and Analysis |
6.5.2 India Tank Market Revenues & Volume, By Energy Sector, 2021 - 2031F |
6.5.3 India Tank Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
6.5.4 India Tank Market Revenues & Volume, By Municipal Water Supply, 2021 - 2031F |
7 India Tank Market Import-Export Trade Statistics |
7.1 India Tank Market Export to Major Countries |
7.2 India Tank Market Imports from Major Countries |
8 India Tank Market Key Performance Indicators |
8.1 Average capacity utilization rate of tank manufacturing facilities. |
8.2 Number of government projects related to water conservation and infrastructure development that include tank installations. |
8.3 Percentage increase in the number of households opting for water storage tanks for rainwater harvesting. |
9 India Tank Market - Opportunity Assessment |
9.1 India Tank Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Tank Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Tank Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.4 India Tank Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.5 India Tank Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 India Tank Market - Competitive Landscape |
10.1 India Tank Market Revenue Share, By Companies, 2024 |
10.2 India 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.
To discover high-growth global markets and optimize your business strategy:
Click Here