| Product Code: ETC10899361 | 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 | |
The Philippines tank import market in 2024 continued to be dominated by key players such as China, USA, South Korea, Japan, and Malaysia. Despite a negative CAGR of -1.16% from 2020 to 2024, the industry experienced a significant growth rate of 25.69% from 2023 to 2024. The high Herfindahl-Hirschman Index (HHI) concentration suggests a competitive market landscape with top exporters solidifying their positions. This data indicates both challenges and opportunities for market players looking to capitalize on the growing demand for tank imports in the Philippines.

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 Tank Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Tank Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Tank Market - Industry Life Cycle |
3.4 Philippines Tank Market - Porter's Five Forces |
3.5 Philippines Tank Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Tank Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines Tank Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.8 Philippines Tank Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.9 Philippines Tank Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 Philippines Tank Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in industrial activities and infrastructure development leading to increased demand for storage tanks in the Philippines. |
4.2.2 Rising adoption of renewable energy sources, such as solar and wind power, necessitating the use of tanks for storage of energy. |
4.2.3 Government initiatives and investments in water supply and wastewater management projects driving the demand for tanks in the country. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the manufacturing cost of tanks. |
4.3.2 Stringent regulations and compliance requirements related to environmental standards and safety, adding complexity and cost to tank manufacturing. |
4.3.3 Competition from alternative storage solutions, such as underground tanks or flexible tanks, posing a challenge to the traditional tank market. |
5 Philippines Tank Market Trends |
6 Philippines Tank Market, By Types |
6.1 Philippines Tank Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Tank Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Philippines Tank Market Revenues & Volume, By Storage Tank, 2021 - 2031F |
6.1.4 Philippines Tank Market Revenues & Volume, By Process Tank, 2021 - 2031F |
6.1.5 Philippines Tank Market Revenues & Volume, By Water Tank, 2021 - 2031F |
6.2 Philippines Tank Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Tank Market Revenues & Volume, By Oil Storage, 2021 - 2031F |
6.2.3 Philippines Tank Market Revenues & Volume, By Chemical Processing, 2021 - 2031F |
6.2.4 Philippines Tank Market Revenues & Volume, By Water Storage, 2021 - 2031F |
6.3 Philippines Tank Market, By Material Type |
6.3.1 Overview and Analysis |
6.3.2 Philippines Tank Market Revenues & Volume, By Steel, 2021 - 2031F |
6.3.3 Philippines Tank Market Revenues & Volume, By Fiberglass, 2021 - 2031F |
6.3.4 Philippines Tank Market Revenues & Volume, By Polyethylene, 2021 - 2031F |
6.4 Philippines Tank Market, By Capacity |
6.4.1 Overview and Analysis |
6.4.2 Philippines Tank Market Revenues & Volume, By Large Volume, 2021 - 2031F |
6.4.3 Philippines Tank Market Revenues & Volume, By Medium Volume, 2021 - 2031F |
6.4.4 Philippines Tank Market Revenues & Volume, By Small Volume, 2021 - 2031F |
6.5 Philippines Tank Market, By Industry |
6.5.1 Overview and Analysis |
6.5.2 Philippines Tank Market Revenues & Volume, By Energy Sector, 2021 - 2031F |
6.5.3 Philippines Tank Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
6.5.4 Philippines Tank Market Revenues & Volume, By Municipal Water Supply, 2021 - 2031F |
7 Philippines Tank Market Import-Export Trade Statistics |
7.1 Philippines Tank Market Export to Major Countries |
7.2 Philippines Tank Market Imports from Major Countries |
8 Philippines Tank Market Key Performance Indicators |
8.1 Average capacity utilization rate of tanks in the Philippines. |
8.2 Number of new tank installations or expansions in key industries. |
8.3 Percentage of tanks in compliance with environmental and safety regulations. |
8.4 Adoption rate of innovative tank technologies or materials in the market. |
8.5 Frequency of maintenance and refurbishment activities for existing tanks. |
9 Philippines Tank Market - Opportunity Assessment |
9.1 Philippines Tank Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Tank Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines Tank Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.4 Philippines Tank Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.5 Philippines Tank Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 Philippines Tank Market - Competitive Landscape |
10.1 Philippines Tank Market Revenue Share, By Companies, 2024 |
10.2 Philippines Tank Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |