Water storage systems are systems used to store large amounts of water for a variety of uses. These systems are used in agricultural, urban, and industrial settings to store water for drinking, irrigation, and other purposes. The demand for these systems is driven by water scarcity and increased water consumption, as well as by environmental regulations and the need for reliable water sources. Water storage systems can range from small tanks to large-scale reservoirs and can be constructed from a variety of materials, including concrete, steel, and plastic.

In terms of value, the global water storage systems market size is projected to reach USD 25.1 billion by 2027 from USD 16.5 billion in 2022 growing at a CAGR of 8.7%. Rapidly increasing population, water scarcity, ineffective water management, recycling of industrial wastewater, increasing urbanization, stringent regulation for conservation & consumption of water, and falling levels of rainfall are among major drivers for the growth of the water storage systems industry.

Water Storage Systems are systems designed to store and contain non-potable water in order to supply water for various purposes such as drinking, irrigation, and sanitation. The systems range from large-scale public water supply systems to small-scale rainwater harvesting systems. Water storage systems are used to store and manage water resources, and to ensure that a reliable water supply is available when needed. They are a vital component of any water system and are essential for water security and public health.

Major companies operating in the water storage systems market include CST Industries, Inc. (US) and McDermott International Inc. (US), Containment Solutions Inc., (US), DN Tanks (US), Caldwell Tanks (US), Balmoral Tanks Limited (UK), and Synalloy Corporation (US), among others. Moreover, these companies hold a potential share in the water storage systems industry.

CST Industries, Inc. (US) is one of the leading players in the water storage systems market, which has been adopting inorganic strategies to sustain their market position. For instance, in April 2019, CST Industries, Inc. partnered with Greatario Engineered Storage Systems, an established and recognized market leader in Ontario, Canada, to design and build bolted steel tanks & covers for liquid storage. With this partnership, CST Industries intends to expand its Aquastore brand of storage tanks in six province territories in the western region of Canada, including British Columbia, Alberta, Saskatchewan, Manitoba, Yukon, Northwest Territories, and Nunavut. Moreover, in January 2018, the company announced the expansion of its product portfolio with pre-configured epoxy coated storage tank systems. The company launched Vulcan; a pre-engineered, pre-configured flat panel bolted storage tank line. The storage tank is made available in capacities of 15 cubic meters to 3,000 cubic meters and is designed specifically for the municipal water