Agrochemical Tank Market to USD 2.09 Billion by 2032, Owing to Rising Demand for Efficient and Sustainable Agrochemical Storage Solutions | SNS Insider

By GlobeNewswire On May 9, 2025

The Agrochemical Tank Market is experiencing significant growth due to the increasing adoption of precision agriculture and the need for efficient storage solutions that ensure the safe handling of agrochemicals, thereby enhancing crop yields and promoting sustainable farming practices.

Austin, May 09, 2025 (GLOBE NEWSWIRE) — The Agrochemical Tank Market Size was valued at USD 1.42 billion in 2023 and is expected to reach USD 2.09 billion by 2032, growing at a CAGR of 4.47% over the forecast period 2024-2032.

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The Agrochemical Tank Market report gives an in-depth analysis of the long run tendencies of the business. Rising adoption of advanced Agrochemical tanks owing to the integration of smart technologies and sustainable farming practices, is one of the factors driving the growth of the agrochemical tanks market.

The U.S. Agrochemical Tank Market was USD 0.23 billion in 2023 and is projected to grow to USD 0.38 billion by 2032 at a CAGR of 5.62% from 2024 to 2032. The increasing worldwide demand for safe and efficient storage of fertilizers, pesticides, and other agrochemicals is a significant factor contributing to this steady market growth.

Key Players:

Highberg Solutions – (AgriGuard Storage Tank, CropSafe Chemical Tank)
Poly Processing – (SAFE-Tank Dual Containment System, IMFO Vertical Tank)
Balson Polyplast Pvt. Ltd. – (Agrochemical Dosing Tank, HDPE Chemical Storage Tank)
Enduramaxx – (Cone Bottom Fertiliser Tank, Bunded Vertical Chemical Tank)
AGROCHEM INC. – (Chem-Tainer Cone Tank, AgriBlend Chemical Mixer Tank)
National Tank Outlet – (Vertical Polyethylene Chemical Tank, Cone Bottom Injection Tank)
Polymaster – (Round Chemical Storage Tank, Liquid Fertiliser Tank)
LF Manufacturing – (FRP Vertical Chemical Tank, Horizontal Fiberglass Storage Tank)
Grupo Rotoplas – (Roto Agro Tank, Multi-use Chemical Tank)
Bnh Gas Tanks – (PE Agrochemical Storage Tank, Dual Layer Chemical Tank)
Meridian Manufacturing Inc – (Liquid Hopper Tank, Vertical Chemical Storage Tank)
Sintex – (Chemical Dosing Tank, Sintex CV Tank)
Sherman Roto Tank – (Heavy-Duty Poly Tank, Cone Bottom Tank for Pesticides)
Assmann Corporation – (Double Wall Vertical Tank, Open Top Process Tank)
Balmoral Tanks Ltd. – (GRP Sectional Tank, Cylindrical Chemical Tank)
JOSHI AGRO INDUSTRIES – (Chemical Sprayer Tank, Portable Agro Tank)
NEL TANKS, SINTEX – (Vertical Water & Chemical Tank, Agricultural Dosing Tank)
Synder Industries – (Polyethylene Nurse Tank, Square Chemical Tank)
Tank Holding Corporation – (Injection-Molded Liquid Tank, Industrial Vertical Storage Tank)
FORTI TECHNOLOGY GROUP – (Agrochemical Solution Tank, PE Mixer Tank)

Agrochemical Tank Market Report Scope:

Report Attributes	Details
Market Size in 2023	USD 1.42 Billion
Market Size by 2032	USD 2.09 Billion
CAGR	CAGR of 4.47% From 2024 to 2032
Base Year	2023
Forecast Period	2024-2032
Historical Data	2020-2022
Report Scope & Coverage	Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments	• By Type – (Vertical Tanks, Conical Tanks, Horizontal Tanks, Others, Mother Tanks, PCU Tanks) • By Application – (Water Storage Tanks, Chemical Storage Tanks, Fertilizer Storage Tanks, Others, Wine/Fuel Storage Tanks) • By Size – (200–500 Liters, 500–1000 Liters, 1000–15000 Liters, 15000–30000 Liters, <30,000 Liters)
Key Drivers	• Increased Adoption of High-Capacity Storage Systems Across Commercial Farms Fuels Agrochemical Tank Market Expansion.

Dominance of Vertical Tanks, Water Storage, and the 1000–15000 Liters Segment in the Agrochemical Tank Market

By Type: The Vertical Tanks segment dominated the Agrochemical Tank Market in 2023, capturing the largest revenue share of 31.59%. They are dominant due to their superior efficiency for hosting agrochemicals, presenting higher structural integrity to limit any leakage or contamination. For farms where ground limited whose isn’t, vertical tanks also offer better space utilisation. They are designed in such a way as to facilitate easier maintenance and cleaning of the equipment, which helps improve the overall operational efficiency. Vertical size tanks also integrate smoothly with established farm infrastructure and irrigation systems, further adding to their popularity with farmers.

By Application: The Water Storage Tanks segment commanded the highest share of 36.45% in 2023. The demand for efficient water use in agriculture due to changing climatic factors, along with the demand for sustainable irrigation, is a crucial factor driving the growth. Water storage tanks are the most crucial component in rainwater harvesting, storing treated water, or supplying water during dry spells between irrigation. Farmers are now purchasing these tanks to grow better crops and save water in the long run. In addition, with the improvement of tank material and construction, which enhances the longevity and the quality of water retention, tanks can be adopted for both small-scale and large-scale practices.

By Size: The 1000–15000 liters segment had the highest revenue share in 2023, with 28.98%. This size variety is widely used for its perfect harmony of ability and portability, making it designed for mid-to-large farms requiring flexible and productive agrochemical storage area solutions. These tanks have enough volume capacity to be able to fill substantial amounts of fertilizers and pesticides, but are small enough to allow you to be easily moved or placed within the farm at another spot. This makes them versatile when it comes to field applications as they can be loaded onto transport easily and are compatible with several farm equipment. In addition, the size is economical, meaning, farm owners can scale their operations with little to no infrastructure changes.

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Asia Pacific Leads Agrochemical Tank Market, North America Poised for Rapid Growth

The Asia Pacific region dominated the Agrochemical Tank Market with the largest market share in 2023 at 30.65% of all revenue. The region is mainly driven by the strong agricultural base, high demand for crop protection chemicals, and rising investment in agricultural infrastructure. The countries such as China and India, have extensive sprawling farms that fuel the demand for efficient agrochemical storage and application systems. Moreover, favourable government policies and rising adaptation towards pioneering agriculture technologies, with the presence of a high population relying on agriculture, add to the market growth.

North America is expected to experience the highest growth in the Agrochemical Tank Market at a CAGR of 5.74% over the forecast period, driven by technological innovations and the growing use of precision farming. The explosive growth offers new opportunities for advanced farming technologies, which have seen an increase in adoption and an uprising in demand for precision agriculture. These strategic techniques that manage crop farming field variability are known as precision farming, thereby driving the need for specific and efficient agrochemical tanks due to a need for proper management of data and GPS-based equipment within these fields. In addition, favorable government activities, growing awareness about producing safe food, and the necessity for high soil productivity are further driving farmers to seek quality agrochemical storage facilities.

Recent Developments:

In February 2025: Jamaica’s Ministry of Agriculture, Fisheries, and Mining committed USD 79 million toward acquiring water tanks and drip irrigation hoses for local farmers. In recent months, the ministry has already distributed 171 irrigation kits and 178 water tanks as part of this initiative.

Table of Contents – Major Key Points

1. Introduction

2. Executive Summary

3. Research Methodology

4. Market Dynamics Impact Analysis

5. Statistical Insights and Trends Reporting

6. Competitive Landscape

7. Agrochemical Tank Market Segmentation, By Application

8. Agrochemical Tank Market Segmentation, By Size

9. Agrochemical Tank Market Segmentation, By Type

10. Regional Analysis

11. Company Profiles

12. Use Cases and Best Practice

13. Conclusion

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