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What is Corrugated Galvanized Iron?
Corrugated Galvanized Iron or steel is a corrosion-resistant material used for building purposes. It is made of sheets of hot-dip galvanized mild steel, cold-rolled to produce a linear corrugated pattern. It is used as sheds and water tanks. Henry Robinson Palmer invented CGI in 1820s in Britain. It was originally made of wrought iron but is now made of mild steel.
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What are Corrugated Tanks made of? Corrugated Tanks are composed of corrugated steel plated incorporated with a tank tarp, a tank cover system and accessories which provide for the storage of liquids. G115 and G140 galvanization are mostly used to make these tanks. The corrugated steel sheets make the tanks rigid. Where can they be installed? Corrugated tanks can be installed on the outer side of a road, in the backyard or even on the terrace.
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Applications
- Rainwater collection
- Storm water collection
- Portable water supply
- Fire suppression
Indian Manufacturers and Suppliers
|
S.No
|
Manufacturers & Suppliers
|
Type
|
Location
|
Price
|
Capacity
|
|
1.
|
Subham Acqualink (India) Private Limited
|
Corrugated Water Tank
|
Wagle Industrial Estate, Thane
|
Rs 6/Litre
|
NA
|
|
2.
|
Modular Tanks Private Limited
|
Blue Scope Steel or Colorbond sheets
|
Race Cource, Vadodara
|
Rs 5 Lakh/Number
|
30000L-5000000L
|
|
3.
|
Matrix Industries
|
Metal Round Corrugated Tank
|
Mulund West, Mumbai
|
NA
|
50000L
|
|
4.
|
GNP Consulting and Engineering Private Limited
|
Galvanized Steel, Cylindrical
|
Ajwa Chwk, Vadodara
|
Rs 5/Litre
|
100KL- 4000KL
|
|
5.
|
Unitech Industries
|
1250 KVA Corrugated Tanks
|
Jhotwara, Jaipur
|
NA
|
NA
|
|
6.
|
Shalimar Enviro Pvt. Ltd.
|
Circular Corrugated Tanks
|
Wazirpur, New Delhi
|
NA
|
5000L-400KL
|
|
7.
|
Sakthi Pack
|
Backyard Corrugated Tank
|
Porur, Chennai
|
NA
|
NA
|
|
8.
|
Thermo Heat Transfers Private Limited
|
Corrugated Tanks
|
Sinnar, Nashik
|
NA
|
NA
|
|
9.
|
Jai Narayan Fabrication
|
Corrugated Wall Tanks
|
Savli GIDC, vadodara
|
NA
|
NA
|
|
|
Key Market Drivers
- Water scarcity round the globe: Water scarcity is one of the worst outcomes of Global Warming. In United Nations, the demand for water may surpass supply by 40% resulting in terrific water Due to this reason, the market for water tanks has increased so that drinking water could be stored for future.
- Demand for corrugated tanks in different industries: Industries need water for different purposes. The rise in gas and oil exploration activities has lead to more demand for storage of water.
Market Analysis – Forecast Period: 2020 -2025 There is an optimistic future for the global market of Corrugated Tanks. According to estimation, the market will reach $14.7 billion by 2025 with a CAGR increasing from 2% to 4%. R
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Segmentation and growth
The global market for corrugated tanks can be divided into four segments – North America, Europe, Asia Pacific, Latin America and rest of the world. North America and Europe are the greatest contributors to the global market. Also, the Asia Pacific region has a great potential to expand their market as they are facing great drinking water scarcity. India is one of such countries where there is increasing awareness of storage of water due to water scarcity. The market growth in North America can be contributed to its extensive gas and oil exploration activities.
India as an exporter
India exports water tanks to Mozambique, China, UAE, Nepal, Vietnam, Tanzania, Haiti, Russia, South Africa, North Korea, Senegal, Saudi Arabia, Maldives, Seychelles and many other countries. We know corrugation gives strength. Imagine applying pressure to a plain sheet of iron! Corrugated tanks are used for various purposes. Also, they have a longer life span. We know that steel is safe for the environment. Yes, the initial cost will be huge but it would be worth it. With so many advantages people would definitely go for corrugated tanks over plastic tanks as plastic can melt and it is harmful for the environment. India is one of the largest exporters of corrugated water tanks. We can conclude that it would be an excellent idea for Indian businessmen to enter into manufacturing of corrugated tanks. In the near future, water crisis will increase and people are becoming more aware of storing and saving water.
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