Storage Tank Construction in Chile:
Market Snapshot to 2014
Reference code: WMCN9085MS
Published: Aug 2010
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Storage Tank Construction in Chile: Market Snapshot to 2014 Published Aug 2010
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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 Chile: Market Snapshot to 2014 Published Aug 2010
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List of Tables
Table 1: Storage Tank Construction in Chile, Market Value - US$ Million, 2005-2009 .................................................... 5
Table 2: Storage Tank Construction in Chile, Market Segmentation by Project Type, US$ Million, 2009 ......................... 6
Table 3: Storage Tank Construction in Chile, Market Forecast - US$ Million, 2009-2014 ................................................ 7
Table 4: Storage Tank Construction in Chile, Market Segmentation by Project, US$ Million, 2014 ................................. 8
List of Figures
Figure 1: Storage Tank Construction in Chile, Market Value - US$ Million, 2005-2009 ................................................... 5
Figure 2: Storage Tank Construction in Chile, Market Segmentation by Project Type, % Share, 2009 ............................ 6
Figure 3: Storage Tank Construction in Chile, Market Forecast - US$ Million, 2009-2014 .............................................. 7
Figure 4: Storage Tank Construction in Chile, Market Segmentation by Project, % Share, 2014 .................................... 8
Storage Tank Construction in Chile: Market Snapshot to 2014 Published Aug 2010
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1 SECTOR OVERVIEW
Following expansion at a compound annual rate of change 13.81% between 2005-2009, the storage tanks construction
sector in Chile reached a value of US$20.23 million in 2009, which represented an decrease of 11.02% in 2008. The
market observed its strongest performance in 2006 when it declined by 8.71% and its weakest performance in 2007,
when it fell by 20.30%.
In comparison, the fastest growing construction sector of the industrial construction market between 2005-2009 was
electricity generation plants which achieved a CAGR of 16.96%. The storage tanks construction sector was the weakest
in the industrial construction market between 2005-2009 and observed a CARC of 13.81%.
By 2009, the storage tanks accounted for 1.44% of the industrial construction. In comparison, electricity generation
plants represented 24.09% while manufacturing plants generated a further 21.43% of the market's 2009 share.
Looking ahead, the storage tanks market is expected to decline at a CARC of 7.18% between 2009-2014, reaching a
value of US$ 13.94 million in 2014. This represents total decline of 61.97% since 2005 and 31.10% since 2009.
In comparison, the fastest growing construction sector of the industrial construction market between 2009-2014 is
forecast to be electricity generation plants, which is expected to achieve a CAGR of 10.42%. The metal & material
processing plants construction sector is expected to be the weakest in the industrial construction market between 2009-
2014 and achieve a CAGR of 8.35%.
By 2014, the storage tanks is forecast to account for 0.77% of the industrial construction. In comparison, electricity
generation plants is predicted to account for 30.95% , while metal & material processing plants is expected to generate
a further 20.30% of the market's 2014 share.
Storage Tank Construction in Chile: Market Snapshot to 2014 Published Aug 2010
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2 MARKET DATA
2.1 Market Value 2005-2009
Storage tanks sector in Chile was valued at US$ 20.23 million in 2009; a decrease of 11.02% in 2008. The sector
observed a CARC of 13.81%.
Table 1: Storage Tank Construction in Chile, Market Value - US$ Million, 2005-2009
Year US$ Million % Growth
2005 36.66
2006 33.46 -8.71%
2007 26.67 -20.30%
2008 22.74 -14.75%
2009 20.23 -11.02%
CAGR 2005-2009 -13.81%
Source: World Market Intelligence Analysis © World Market Intelligence
Figure 1: Storage Tank Construction in Chile, Market Value - US$ Million, 2005-2009
40 0%
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