Industrial Storage Tanks are containers that hold liquids, compressed gases or mediums used for the short- or long-term storage of heat or cold.
Industrial Storage tanks are extensively used to store liquid chemicals or fluids up to 25,000 units.
These tanks function as large pipes as they have no input or output. The cylindrical tanks form 90-degree angle with the ground. Strict regulations are maintained while building them.
Due to COVID-19 pandemic, the global Industrial Storage Tank market size is estimated to be worth US$ 4622.6 million in 2021 and is forecast to a readjusted size of USD 6354.