| Product Code: ETC8852412 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines steel pressure water tank import market saw significant growth in 2024, with top exporting countries including China, USA, India, Malaysia, and Japan. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced a slight decrease in concentration from 2023 to 2024. The compound annual growth rate (CAGR) for the period 2020-2024 was -3.76%, but there was a notable growth spurt in 2024 with a growth rate of 47.43% compared to the previous year. This suggests a dynamic and evolving market landscape for steel pressure water tanks in the Philippines.

The demand for steel pressure water tanks in the Philippines is rising as industries and households seek durable water storage solutions. These tanks are widely used in residential, agricultural, and commercial applications, benefiting from their corrosion resistance and ability to withstand high pressures. Infrastructure development projects are also contributing to market growth.
The demand for steel pressure water tanks in the Philippines is rising as industries and households seek durable and corrosion-resistant water storage solutions. These tanks are widely used in commercial buildings, industrial facilities, and agricultural applications. The market is being driven by infrastructure development projects and increasing awareness of water conservation practices.
The steel pressure water tank market in the Philippines encounters challenges related to high production costs and competition from alternative materials such as plastic and composite tanks. Corrosion issues in coastal and high-humidity areas also limit the long-term reliability of steel tanks. Additionally, installation and maintenance costs deter some consumers, particularly in residential applications.
With increasing demand for water storage solutions in residential, agricultural, and industrial applications, the steel pressure water tank market presents strong investment opportunities. Companies investing in corrosion-resistant materials, modular tank designs, and IoT-enabled water monitoring systems can benefit from market expansion.
Government policies require manufacturers of steel pressure water tanks to adhere to Philippine National Standards (PNS) for safety and durability. The National Water Resources Board (NWRB) and the DENR oversee regulations ensuring that these tanks contribute to sustainable water management practices. The government also promotes local production through investment incentives.
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 Philippines Steel Pressure Water Tank Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Steel Pressure Water Tank Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Steel Pressure Water Tank Market - Industry Life Cycle |
3.4 Philippines Steel Pressure Water Tank Market - Porter's Five Forces |
3.5 Philippines Steel Pressure Water Tank Market Revenues & Volume Share, By Tank Type, 2021 & 2031F |
3.6 Philippines Steel Pressure Water Tank Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Philippines Steel Pressure Water Tank Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Philippines Steel Pressure Water Tank Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and industrialization in the Philippines leading to higher demand for steel pressure water tanks. |
4.2.2 Government initiatives and infrastructure development projects requiring water storage solutions. |
4.2.3 Growing awareness about the importance of water conservation and storage driving the adoption of steel pressure water tanks. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the manufacturing cost of steel pressure water tanks. |
4.3.2 Competition from alternative materials like plastic and fiberglass water tanks. |
4.3.3 Economic uncertainties affecting consumer spending and investment in water storage solutions. |
5 Philippines Steel Pressure Water Tank Market Trends |
6 Philippines Steel Pressure Water Tank Market, By Types |
6.1 Philippines Steel Pressure Water Tank Market, By Tank Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Steel Pressure Water Tank Market Revenues & Volume, By Tank Type, 2021- 2031F |
6.1.3 Philippines Steel Pressure Water Tank Market Revenues & Volume, By Diaphragm, 2021- 2031F |
6.1.4 Philippines Steel Pressure Water Tank Market Revenues & Volume, By Bladder Pressure, 2021- 2031F |
6.1.5 Philippines Steel Pressure Water Tank Market Revenues & Volume, By Air-Over-Water, 2021- 2031F |
6.2 Philippines Steel Pressure Water Tank Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Steel Pressure Water Tank Market Revenues & Volume, By Horizontal, 2021- 2031F |
6.2.3 Philippines Steel Pressure Water Tank Market Revenues & Volume, By Vertical, 2021- 2031F |
6.3 Philippines Steel Pressure Water Tank Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Philippines Steel Pressure Water Tank Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.3 Philippines Steel Pressure Water Tank Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.4 Philippines Steel Pressure Water Tank Market Revenues & Volume, By Industrial, 2021- 2031F |
6.3.5 Philippines Steel Pressure Water Tank Market Revenues & Volume, By Infrastructure, 2021- 2031F |
7 Philippines Steel Pressure Water Tank Market Import-Export Trade Statistics |
7.1 Philippines Steel Pressure Water Tank Market Export to Major Countries |
7.2 Philippines Steel Pressure Water Tank Market Imports from Major Countries |
8 Philippines Steel Pressure Water Tank Market Key Performance Indicators |
8.1 Average annual growth rate of steel pressure water tank installations. |
8.2 Percentage of infrastructure projects that specify the use of steel pressure water tanks. |
8.3 Number of manufacturers offering steel pressure water tanks with innovative features. |
9 Philippines Steel Pressure Water Tank Market - Opportunity Assessment |
9.1 Philippines Steel Pressure Water Tank Market Opportunity Assessment, By Tank Type, 2021 & 2031F |
9.2 Philippines Steel Pressure Water Tank Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Philippines Steel Pressure Water Tank Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Philippines Steel Pressure Water Tank Market - Competitive Landscape |
10.1 Philippines Steel Pressure Water Tank Market Revenue Share, By Companies, 2024 |
10.2 Philippines Steel Pressure Water Tank Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |