According to our (Global Info Research) latest study, the global Double-walled Storage Tank market size was valued at US$ 6256 million in 2025 and is forecast to a readjusted size of US$ 9828 million by 2032 with a CAGR of 6.6% during review period.
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.
This report is a detailed and comprehensive analysis for global Double-walled Storage Tank market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Double-walled Storage Tank market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Double-walled Storage Tank market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Double-walled Storage Tank market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Double-walled Storage Tank market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Double-walled Storage Tank
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Double-walled Storage Tank market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Gpi Tanks, NTO Tank, Assmann, Waterford Tank, EELIX, Millinocket Fabrication and Machine,LLC, Steel Tank and Fabricating Corp., TECHNOL, KDM Fabrication, Modern Welding Company, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Double-walled Storage Tank market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Steel
Fiberglass
Steel-plastic Composite
Market segment by Gap Monitoring Technology
Vacuum Monitoring Method
Liquid Medium Monitoring Method
Gasic Medium Monitoring Method
Others
Market segment by Capacity Range
Capacity Range: 1000-10000 Liters
Capacity Range: 10000-50000 Liters
Others
Market segment by Application
Chemicals
Pharmaceuticals
Energy
Others
Major players covered
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
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Double-walled Storage Tank product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Double-walled Storage Tank, with price, sales quantity, revenue, and global market share of Double-walled Storage Tank from 2021 to 2026.
Chapter 3, the Double-walled Storage Tank competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Double-walled Storage Tank breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Double-walled Storage Tank market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Double-walled Storage Tank.
Chapter 14 and 15, to describe Double-walled Storage Tank sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Double-walled Storage Tank. Industry analysis & Market Report on Double-walled Storage Tank is a syndicated market report, published as Global Double-walled Storage Tank Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Double-walled Storage Tank market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.