Pillow Tank Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
- Transparency Market Research
Storage of essential commodities such as potable water, fuel, and expensive chemicals to remote and deserted areas is a big challenge currently. Scarcity of resources and diminishing natural resources present a considerable challenge before the storage industry. Development of the pillow tank storage system is proving to be a robust and effective medium to store and transport essential and vital commodities around the globe safely. Pillow tanks, also known as pillow bladders, are primarily collapsible liquid storage tank systems. Pillow tanks are used for the temporary storage of water, chemicals, oils, and fuel for a short duration. Pillow tanks are known by different names across various industries, and these are utilized for a variety of purposes to meet specific needs and requirements. They are made from various fabricating materials. Some fabricating materials used in the manufacturing of pillow tanks are elvaloy, polyurethane, coated PVC, and epoxy resins. Pillow tanks also require fitting materials for extra durability, which includes stainless steel, aluminum, and polypropylene. High quality collapsible storage tanks are typically manufactured from XR-5 fabric, which offers UV and chemical-corrosion protection. Special types of fabric such as NSF 61 are also utilized for specific applications such as storage and transport of hazardous chemicals.
A significant advantage of a pillow-shaped tank is that it does not require any assembly or support structure, which helps to have a very low profile. This provides stability even during windy conditions. A commonly utilized pillow tank is the drinking water pillow tank. Drinking water pillow tanks are flexible storage units primarily designed for commercial, residential, and industrial potable water storage applications. Furthermore, pillow tanks offer high level of customization, depending on the type of liquid to be stored in them. Most commonly used customization includes the installation of emergency plugs, optional items ports, spare tank parts, repair kits, and pressure relief valves. The exterior of the pillow tank is made of robust and durable fabric, which is resistant to outdoor elements such as pollutants, dust, and temperature changes.
Portable liquid storage containers such as pillow tanks are the need of the hour, presently, due to increasing droughts, potable water shortage, scarcity in rainfall, and rising agricultural and industrial needs. Pillow tanks can serve as a critical medium for fulfilling the storage and transportation needs of a variety of agricultural and industrial applications. Moreover, pillow tanks are used in a variety of applications in the military due to their ease of use and ease of deployment. They also prove to be valuable for emergency management organizations, local, state, and global governmental bodies, which need to respond quickly to a broad range of environmental or weather-related disasters.
Pillow water storage tanks are available in a wide variety of sizes according to the type of application. Most commonly found storage pillow water tanks are used for residential purposes, with a storage range of 400, 1000, 2,000 and 5,000 liters. Pillow storage tanks are also utilized widely for rainwater harvesting, which can help reduce water scarcity and promote sustainability around the globe.
Increasing disaster relief activities, water scarcity, and commodity storage requirements across the globe provide vast potential for the pillow tank market. Rising demand for pillow tanks in disaster management programs is also driving the market around the globe. Lack of public awareness and material quality issues in emerging economies are the key restraints of the pillow tank market.
Currently, Asia Pacific and Europe lead the global pillow tank market in
terms of consumption. China, India, and other countries of Southeast Asia
are major consumers of pillow tanks in Asia Pacific. Technological
advancements in material science and rapid economic expansion in countries
of Asia Pacific are estimated to provide significant growth opportunities
to global players in the pillow tank market. Prominent global players that
manufacture pillow tanks are Flexi Tank, Husky Portable Containment,
Simflex LLC, Canflex USA Inc., Genap B.V., and Chemtex Inc. Increase in
investments for disaster management, promoting sustainability, rainwater
harvesting, and potable water storage in deserted places led by the rise in
per capita GDP of countries in Southeast Asia, are anticipated to boost the
demand for pillow tanks in the near future.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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