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Global Double-walled Storage Tank Market Growth 2026-2032

Publisher LP Information, Inc.
Published Jan 07, 2026
Length 138 Pages
SKU # LPI20697826

Description

The global Double-walled Storage Tank market size is predicted to grow from US$ 5948 million in 2025 to US$ 9563 million in 2032; it is expected to grow at a CAGR of 7.1% from 2026 to 2032.

In 2025, global sales of double-walled storage tanks reached 380,000 units, with an average selling price of US$16,000. Double-walled tanks are safety storage devices with a secondary protective structure formed by an inner and outer tank. They are mainly used for leak-proof storage of oil, chemicals, and hazardous liquids, with their core value lying in improving environmental safety and compliance. Upstream raw materials primarily consist of carbon steel, stainless steel, fiberglass resin, and anti-corrosion coating materials. On average, each unit consumes approximately 1.8 tons of steel and 120 kg of resin and coating materials. Midstream processes, including molding, welding, and testing, are handled by specialized tank manufacturers. Downstream applications mainly supply gas stations, chemical industrial parks, industrial enterprises, municipal emergency reserves, and new energy supporting facilities. The oil and gas and chemical sectors account for approximately 62% of consumption, municipal and environmental protection sectors account for approximately 23%, and other industrial applications account for approximately 15%. The total global designed production capacity is approximately 520,000 units per year, with an industry average capacity utilization rate of approximately 73% and an overall gross profit margin ranging from 28% to 35%. The future lies in increasingly stringent environmental regulations, the release of demand for the replacement of underground storage tanks with double-walled tanks, and the expansion of new energy liquid media storage scenarios. Coupled with the advancement of infrastructure construction in developing countries, double-walled storage tanks will continue to have stable demand and mid-to-high-end product opportunities driven by safety upgrades and replacement of existing stock.

United States market for Double-walled Storage Tank is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.

China market for Double-walled Storage Tank is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.

Europe market for Double-walled Storage Tank is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.

Global key Double-walled Storage Tank players cover Gpi Tanks, NTO Tank, Assmann, Waterford Tank, EELIX, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2025.

LP Information, Inc. (LPI) ' newest research report, the “Double-walled Storage Tank Industry Forecast” looks at past sales and reviews total world Double-walled Storage Tank sales in 2025, providing a comprehensive analysis by region and market sector of projected Double-walled Storage Tank sales for 2026 through 2032. With Double-walled Storage Tank sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Double-walled Storage Tank industry.

This Insight Report provides a comprehensive analysis of the global Double-walled Storage Tank landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Double-walled Storage Tank portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Double-walled Storage Tank market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Double-walled Storage Tank and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Double-walled Storage Tank.

This report presents a comprehensive overview, market shares, and growth opportunities of Double-walled Storage Tank market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Steel
Fiberglass
Steel-plastic Composite

Segmentation by Gap Monitoring Technology:
Vacuum Monitoring Method
Liquid Medium Monitoring Method
Gasic Medium Monitoring Method
Others

Segmentation by Capacity Range:
Capacity Range: 1000-10000 Liters
Capacity Range: 10000-50000 Liters
Others

Segmentation by Application:
Chemicals
Pharmaceuticals
Energy
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Gpi Tanks
NTO Tank
Assmann
Waterford Tank
EELIX
Millinocket Fabrication and Machine,LLC
Steel Tank and Fabricating Corp.
TECHNOL
KDM Fabrication
Modern Welding Company
Hassco Industries
FRP Mocoat Fiberglass Ltd
Safe-T-Tank
Lannon Tank
KBK Industries
ZHENKONG

Key Questions Addressed in this Report

What is the 10-year outlook for the global Double-walled Storage Tank market?

What factors are driving Double-walled Storage Tank market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Double-walled Storage Tank market opportunities vary by end market size?

How does Double-walled Storage Tank break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.

Table of Contents

138 Pages
*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Global by Company
4 World Historic Review for Double-walled Storage Tank by Geographic Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Double-walled Storage Tank by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion

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