| Product Code: ETC13125213 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Despite a decline in growth rate from 2023 to 2024, Nigeria continues to import potable water tank coatings mainly from top exporters such as Germany, China, UAE, Singapore, and South Africa. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially leading to competitive challenges. The significant negative Compound Annual Growth Rate (CAGR) from 2020 to 2024 highlights a downward trend in import volumes. It is crucial for stakeholders to closely monitor market dynamics and adapt strategies to navigate the changing landscape in the potable water tank coatings sector in Nigeria.

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 Nigeria Potable Water Tank Coatings Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Potable Water Tank Coatings Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Potable Water Tank Coatings Market - Industry Life Cycle |
3.4 Nigeria Potable Water Tank Coatings Market - Porter's Five Forces |
3.5 Nigeria Potable Water Tank Coatings Market Revenues & Volume Share, By Coating Type, 2021 & 2031F |
3.6 Nigeria Potable Water Tank Coatings Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Nigeria Potable Water Tank Coatings Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
3.8 Nigeria Potable Water Tank Coatings Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
4 Nigeria Potable Water Tank Coatings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and industrialization leading to the construction of more potable water storage facilities in Nigeria |
4.2.2 Growing awareness about the importance of water quality and the need for proper maintenance of water tanks |
4.2.3 Government initiatives and regulations promoting the use of high-quality coatings for potable water tanks |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the cost of manufacturing water tank coatings |
4.3.2 Presence of low-cost alternatives or traditional methods for coating water tanks |
4.3.3 Lack of skilled labor for applying specialized coatings on potable water tanks |
5 Nigeria Potable Water Tank Coatings Market Trends |
6 Nigeria Potable Water Tank Coatings Market, By Types |
6.1 Nigeria Potable Water Tank Coatings Market, By Coating Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Potable Water Tank Coatings Market Revenues & Volume, By Coating Type, 2021 - 2031F |
6.1.3 Nigeria Potable Water Tank Coatings Market Revenues & Volume, By Epoxy, 2021 - 2031F |
6.1.4 Nigeria Potable Water Tank Coatings Market Revenues & Volume, By Polyurethane, 2021 - 2031F |
6.1.5 Nigeria Potable Water Tank Coatings Market Revenues & Volume, By Acrylic, 2021 - 2031F |
6.1.6 Nigeria Potable Water Tank Coatings Market Revenues & Volume, By Zinc-Rich, 2021 - 2031F |
6.1.7 Nigeria Potable Water Tank Coatings Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Nigeria Potable Water Tank Coatings Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Potable Water Tank Coatings Market Revenues & Volume, By Steel Tanks, 2021 - 2031F |
6.2.3 Nigeria Potable Water Tank Coatings Market Revenues & Volume, By Concrete Tanks, 2021 - 2031F |
6.2.4 Nigeria Potable Water Tank Coatings Market Revenues & Volume, By Underground Tanks, 2021 - 2031F |
6.2.5 Nigeria Potable Water Tank Coatings Market Revenues & Volume, By Overhead Tanks, 2021 - 2031F |
6.3 Nigeria Potable Water Tank Coatings Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Potable Water Tank Coatings Market Revenues & Volume, By Water Treatment, 2021 - 2031F |
6.3.3 Nigeria Potable Water Tank Coatings Market Revenues & Volume, By Municipal, 2021 - 2031F |
6.3.4 Nigeria Potable Water Tank Coatings Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.5 Nigeria Potable Water Tank Coatings Market Revenues & Volume, By Residential, 2021 - 2031F |
6.4 Nigeria Potable Water Tank Coatings Market, By Material Type |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Potable Water Tank Coatings Market Revenues & Volume, By Organic, 2021 - 2031F |
6.4.3 Nigeria Potable Water Tank Coatings Market Revenues & Volume, By Inorganic, 2021 - 2031F |
6.4.4 Nigeria Potable Water Tank Coatings Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.4.5 Nigeria Potable Water Tank Coatings Market Revenues & Volume, By Others, 2021 - 2031F |
7 Nigeria Potable Water Tank Coatings Market Import-Export Trade Statistics |
7.1 Nigeria Potable Water Tank Coatings Market Export to Major Countries |
7.2 Nigeria Potable Water Tank Coatings Market Imports from Major Countries |
8 Nigeria Potable Water Tank Coatings Market Key Performance Indicators |
8.1 Compliance rate with government standards for potable water tank coatings |
8.2 Rate of adoption of advanced coating technologies in the water tank industry |
8.3 Percentage of water tank maintenance contracts that include coating services |
9 Nigeria Potable Water Tank Coatings Market - Opportunity Assessment |
9.1 Nigeria Potable Water Tank Coatings Market Opportunity Assessment, By Coating Type, 2021 & 2031F |
9.2 Nigeria Potable Water Tank Coatings Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Nigeria Potable Water Tank Coatings Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
9.4 Nigeria Potable Water Tank Coatings Market Opportunity Assessment, By Material Type, 2021 & 2031F |
10 Nigeria Potable Water Tank Coatings Market - Competitive Landscape |
10.1 Nigeria Potable Water Tank Coatings Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Potable Water Tank Coatings Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |