Storage Tank Construction in Spain Market Snapshot to 2014 by WMIntelligence

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									Storage Tank Construction in Spain:
Market Snapshot to 2014

Reference code: WMCN9116MS
Published: May-2010




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Storage Tank Construction in Spain: Market Snapshot to 2014                                                   Published May 2010
© World Market Intelligence. This report is a licensed product and is not to be photocopied                              Page 1
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1     SECTOR OVERVIEW ............................................................................................................. 4
2     MARKET DATA ...................................................................................................................... 5
2.1     Market Value 2005-2009 ...................................................................................................................................... 5
2.2     Market Segmentation, By Project Type, 2009 ..................................................................................................... 6
2.3     Market Value Forecast, 2009-2014 ...................................................................................................................... 7
2.4     Future Market Segmentation, By Project Type, 2009-2014................................................................................. 8
3     APPENDIX .............................................................................................................................. 9
3.1     Research Methodology ........................................................................................................................................ 9
3.2     Definitions ............................................................................................................................................................ 9
      3.2.1     Additional Notes ........................................................................................................................................ 10
3.3     About World Market Intelligence ........................................................................................................................ 10




Storage Tank Construction in Spain: Market Snapshot to 2014                                                                                            Published May 2010
© World Market Intelligence. This report is a licensed product and is not to be photocopied                                                                                Page 2
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List of Tables

Table 1: Storage Tank Construction in Spain, Market Value - US$ Million, 2005-2009 ...................................................... 5

Table 2: Storage Tank Construction in Spain, Market Segmentation by Project Type, US$ Million, 2009 ......................... 6

Table 3: Storage Tank Construction in Spain, Market Forecast - US$ Million, 2009-2014 ................................................. 7

Table 4: Storage Tank Construction in Spain, Market Segmentation by Project, US$ Million, 2014 .................................. 8



List of Figures

Figure 1: Storage Tank Construction in Spain, Market Value - US$ Million, 2005-2009 ..................................................... 5

Figure 2: Storage Tank Construction in Spain, Market Segmentation by Project Type, % Share, 2009 ............................. 6

Figure 3: Storage Tank Construction in Spain, Market Forecast - US$ Million, 2009-2014 ................................................ 7

Figure 4: Storage Tank Construction in Spain, Market Segmentation by Project, % Share, 2014 ...................................... 8




Storage Tank Construction in Spain: Market Snapshot to 2014                                                        Published May 2010
© World Market Intelligence. This report is a licensed product and is not to be photocopied                                       Page 3
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1 SECTOR OVERVIEW
Following expansion at a compound annual growth rate of -3.40% between 2005-2009, the storage tanks construction
sector in Spain reached a value of US$168.72 million in 2009, which represented a decrease of 21.32% on 2008. The
market achieved its strongest performance in 2006 when it expanded by 16.98% and its weakest performance in 2009,
when it fell by 21.32%.

In comparison, the fastest growing construction sector of the industrial construction market between 2005-2009 was the
refinery buildings construction sector, which achieved a CAGR of 21.66%. The weakest performer was metal & material
processing plants, which only declined a CARC of 4.36%

By 2009, the storage tanks accounted for 1.80% of the industrial construction. In comparison, manufacturing plants
represented 21.97% while chemical & pharmaceutical plants generated a further 18.04% of the market's 2009 share.

Looking ahead, the storage tanks market is expected to expand at a CAGR of 1.87% between 2009-2014, reaching a
value of US$ 185.06 million in 2014. This represents total growth of -4.50% since 2005 and 9.68% since 2009.

In comparison, the fastest growing construction sector of the industrial construction market between 2009-2014 is
expected to be refinery buildings, which is predicted to achieve a CAGR of 6.50% The weakest performer is expected to
be metal & material processing plants, which is forecast to only decline a CARC of 1.79%.

By 2014, the storage tanks is forecast to account for 1.87% of the industrial construction. In comparison, electricity
generation plants is predicted to account for 20.20% , while waste processing plants is expected to generate a further
20.07% of the market's 2014 share.




Storage Tank Construction in Spain: Market Snapshot to 2014                                                   Published May 2010
© World Market Intelligence. This report is a licensed product and is not to be photocopied                              Page 4
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2 MARKET DATA
2.1 Market Value 2005-2009

Storage tanks sector in Spain was valued at US$ 168.72 million in 2009; a decrease of 21.32% on 2008. The sector
observed CARC of 3.4%.


Table 1: Storage Tank Construction in Spain, Market Value - US$ Million, 2005-2009

Year                                                                                            US$ Million                                 % Growth
2005                                                                                                193.77
2006                                                                                                226.69                                     17.0%
2007                                                                                                235.01                                      3.7%
2008                                                                                                214.45                                     -8.7%
2009                                                                                                168.72                                    -21.3%
                                                                                        CAGR 2005-2009                                         -3.4%
Source: World Market Intelligence Analysis                                                                     © World Market Intelligence



Figure 1: Storage Tank Construction in Spain, Market Value - US$ Million, 2005-2009

                                  250                                                                             20%

                                                                                                                  15%

                                  200
                                                                                                                  10%

                                  
								
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