From GlobeNewswire: 2025-05-09 09:30:00

The Agrochemical Tank Market is on the rise, with a value of USD 1.42 billion in 2023 and projected to reach USD 2.09 billion by 2032, growing at a CAGR of 4.47%. The U.S. market is expected to grow from USD 0.23 billion in 2023 to USD 0.38 billion by 2032 at a CAGR of 5.62%.

Key players in the market include Highberg Solutions, Poly Processing, Balson Polyplast Pvt. Ltd., Enduramaxx, and more, offering a variety of agrochemical tank solutions.

Asia Pacific leads the Agrochemical Tank Market, with North America expected to see rapid growth at a CAGR of 5.74%. Factors driving growth include increased adoption of high-capacity storage systems and precision farming techniques.

Recent developments include Jamaica’s Ministry of Agriculture committing USD 79 million towards acquiring water tanks and drip irrigation hoses for local farmers.

Vertical tanks dominate the market, water storage tanks lead in application, and the 1000–15000 liters segment is popular in size due to its versatility and portability.

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