The Different Types Of Industrial Storage Tanks Explained

28 Jul.,2025

 

The Different Types Of Industrial Storage Tanks Explained

Choosing the right industrial storage tank for your business can sometimes be challenging due to the various types available in the market. Even more so with the advancement of new technology enhancing the features of the storage tanks. 

If you are looking for more details, kindly visit CNCD.

Industrial storage tanks are essential for many types of businesses that deal with various elements, such as water, chemicals, fertilisers, petroleum, etc. Hence, picking the ideal type is important to ensure that the components will not be contaminated. 

Let's take a look at some of the different types of industrial storage tanks. 

Industrial Fuel Storage Tank

Industrial fuel storage tanks, also known as petroleum tanks, can hold a variety of liquids. They are commonly used for the storage of both organic and inorganic fluids. In addition to storing flammable liquids, they can also keep vapour. Fuel storage tanks come in a variety of shapes and dimensions. They are built to hold a range of fuels, vapour, and industrial liquids.

Here are some different types of industrial fuel storage tanks.

Underground fuel tanks (UST)

At least 10% of the stored volume of an underground storage tank (UST) is buried underground. These tanks must be registered with the EPA if they are used to store regulated hazardous items or fuels. These tanks are a good option for anyone wishing to increase their property's size or value.

Aboveground fuel tanks (AST)

Due to the lower upfront investments and regular maintenance, aboveground fuel tanks (AST) are rather popular. Compared to UST, these tanks are more affordable to build because they don't require costly backfilling, extensive excavation, or elaborate plumbing. Aboveground fuel tanks are also easier to maintain than underground tanks.

Industrial Chemical Storage Tanks

Materials that are stored in these tanks include:

  • Fertilisers
  • Propane
  • Liquefied natural gas
  • Petroleum products
  • Crude oil

There are numerous sizes and shapes for industrial chemical storage tanks as well. In addition to storing chemicals, industrial chemical storage tanks can be used to do the following:

  • Mixing
  • Processing
  • Static storage
  • Transporting finished chemical products

The various types of these tanks include:

Fibreglass tanks

Due to its qualities that prevent corrosion, fibreglass has been employed more and more in piping applications for corrosive fluids since the s. Fibreglass tanks have since been widely used in stock trade wastewater and chemical storage applications.

Polyethene storage

Chemical storage tanks made of polyethene are strong, durable, and inexpensive. Therefore, any chemical that you want to store can be stored in polyethene industrial storage tanks. Additionally, polyethene storage tanks are produced in moulds to eliminate the possibility of human error.

Stainless steel tanks

Stainless steel chemical tanks have evolved into a practical solution for everyone to meet the tremendous storage needs of companies. Various types of stainless steel tanks on the market are renowned for their strength, reliability, durability, storage capacities, affordability, a wide range of uses, and corrosion resistance. To meet your needs, they are meticulously manufactured and specially tailored.

Industrial Oil Storage Tanks

Oil storage tanks are reservoirs or vessels that temporarily store oil during the various processing stages into oil products of different types or before it is consumed or used. Industrial oil storage tanks are made of various materials depending on their intended use as well as the safety, environmental, and regulatory requirements of other types in the storage area.

From the initial production of crude oil to the distribution and refinement of various petroleum oil products, oil storage tanks of different sizes, forms, materials, and types are utilised.

Nowadays, modern industrial oil storage tanks are made of different materials, including:

  • Carbon steel
  • Stainless steel
  • Reinforced concrete
  • Plastic

Here are some of the different types of these tanks:

Bunded tank

Bunded tanks are either surrounded by another tank or a containment dike. The containment dike or outside tank serves as a catch system to stop leaks, spills, or other oil contamination from spreading to the surrounding area.

Floating roof tank

A floating roof that rises or lowers in response to the amount of oil in the tank makes up the floating roof tank. The floating roof is a safety precaution for these tanks to avoid the accumulation of vapour inside the tank.

Single-skin and double-skin tank

A single-skin tank has one layer of plastic or steel, while a double-skin tank has two layers. Tanks with two skins are often known as twin-walled tanks.

Industrial Hot Water Storage Tanks

Industrial hot water storage tanks are ASME-certified and designed for industrial applications where a steady hot water supply is necessary. In the water storage tank, water is heated and stored during times of low demand so that it will be ready for use when there is a high demand for hot water. As a result, hot food is always available while utilising energy efficiently.

A well-insulated industrial hot water tank can hold the heat for extended periods, lowering fuel consumption. Industrial storage tanks sometimes have electric immersion heaters and built-in oil or gas burner systems. Some hot water tanks use an external heat exchanger, like a central heating system. 

Industrial Water and Liquid Storage Tanks

Aside from storing a wide range of the following liquids, industrial water and liquid storage tanks are designed for underground burial and pressurised application. The different types of liquids include:

  • Kerosene
  • Jet A
  • Diesel
  • Gasoline
  • Waste oil

Here are some of the different types of industrial water and liquid storage tanks:

Corrugated steel tanks

The tanks made of corrugated steel for liquid storage are adaptable, strong, affordable, and have a long lifespan. They are created from corrugated steel that has been galvanised.

These tanks are used for the following: 

  • collecting rainwater
  • industrial process water 
  • fire suppression

Poly tanks

Poly tanks can also be used in homes. These tanks have many uses, such as storing drinking water and collecting rainwater. There are various varieties of poly tanks, including: 

  • wastewater tanks 
  • transportable tanks 
  • aboveground tanks

Fibreglass tanks

Due to their resistance to rust and corrosion, fibreglass liquid storage tanks are long-lasting. The temperature resistance of these tanks is remarkable. They are available with various coatings to provide the best performance for different liquid storage demands, including: 

  • Rainwater 
  • Drinking water
  • Waste water

Industrial Plastic Storage Tanks

Water storage is essential for domestic, residential, commercial, industrial, and industrial needs. One of the greatest options for conventional water storage is plastic storage tanks. Plastic storage containers are more compact, lightweight, and highly durable than cement and concrete tanks. In addition, plastic tanks are more flexible than traditional storage tanks.

Your Business Deserves The Best Quality And Ideal Industrial Storage Tanks

Knowing a bit more about industrial storage tanks can help you choose the one that best suits your requirements. Make sure to consult a specialist if you have any questions. When operating any form of tank, always keep in mind to adhere to the manufacturer's guidelines.

Looking for a quality industrial storage tank fabrication company in Malaysia ? Choose Choong Ngai Engineering! 

So, if you're looking for stainless steel tank fabrication in Malaysia, visit us at Choong Ngai Engineering today to speak to our experts. We at Choong Ngai Engineering have years of experience and knowledge to answer your doubts or concerns, and we ensure to provide you with the quality solution you're looking for. Call us now!

Choosing Water Storage Tank Solutions for Your Facility - PALA Group

When it comes to water storage in industrial settings, choosing the right aboveground storage tank is critical to ensure safe, reliable, and efficient operations. With so many variables at play—tank material, size, type, placement, and compliance requirements—it can be challenging to know where to start. The tank you select must align with your industry’s unique demands.

That’s why we’ve created this guide: to help you confidently choose a water storage tank.

7 Steps: How To Choose an Aboveground Water Storage Tank

Whether you’re upgrading your current system or planning a new installation, the following steps will walk you through what to consider during water storage tank selection.

1. Determine Your Application and Industry Needs

The first step in selecting the right aboveground water storage tank is understanding your specific application and industry’s demands. Each sector—refining, manufacturing, food and beverage, chemical processing, etc.—has its own requirements.

For example, facilities may need tanks for:

  • Potable water (safe for human use)
  • Non-potable water (for industrial or utility purposes)
  • Process water (used directly in manufacturing operations)
  • Emergency reserves (such as for fire suppression)

It’s also important to consider the chemical compatibility of the stored water or liquids. Certain substances can accelerate corrosion or degradation if the tank material isn’t suited for the job.

2. Choose the Right Water Storage Tank Material

The appropriate water storage tank material is essential to ensure safety, durability, and long-term performance. The material must be compatible with both the stored contents and the surrounding environment.

Here are some of the most commonly used materials for aboveground water storage tanks:

  • Carbon SteelA strong, cost-effective option for storing many types of industrial liquids. Carbon steel tanks are widely used due to their durability and ease of fabrication. They’re ideal for general-purpose water storage where corrosion risk is minimal.
  • Stainless SteelKnown for its excellent corrosion resistance, stainless steel is ideal for storing aggressive or chemically reactive substances. It’s popular in food and beverage, chemical processing, and pharmaceuticals, where hygiene and chemical resistance are priorities.
  • Alloy OptionsCustom alloy materials may be required for highly specialized applications. Alloys like Hastelloy or Inconel offer enhanced corrosion resistance, especially when storing reactive or acidic contents.

The right material depends not only on what you’re storing, but also on the tank’s location and exposure to elements like humidity, temperature fluctuations, and industrial pollutants.

3. Select the Right Water Tank Storage Size and Capacity

When selecting an aboveground water storage tank, water storage tank capacity and size are critical considerations. A tank that’s too small can disrupt operations, and an oversized tank may waste space and resources. The ideal capacity depends on several key factors:

  • Daily Usage
    Consider how much water your facility uses during normal operations. This includes process water, cooling systems, cleaning, and other ongoing needs.
  • Emergency Reserves
    Many facilities require backup water storage for fire suppression systems, equipment failures, or natural disasters. These reserves should be factored into total capacity.
  • Future Expansion Plans
    If your facility plans to scale production or add new lines, it’s wise to build in extra capacity now to avoid costly retrofits later.

Aboveground water storage tanks can range from 10,000 gallons to over 1 million gallons in size. Determining the right size also involves accounting for:

  • Pressure Ratings – Higher volumes may require reinforced tank walls or support systems.
  • Usage Fluctuations – If your water demand spikes at certain times, your tank needs to accommodate peak capacity.
  • Footprint Constraints – Available space on-site may limit diameter or height, influencing the overall shape and configuration.

PALA works closely with clients to assess these variables and design custom tanks that match capacity needs without overbuilding. Our expert team can help you right-size your tank to ensure cost-efficiency, operational reliability, and compliance.

4. Understand the Types of Aboveground Storage Tanks

There are several water storage tank types to choose from, each offering different benefits depending on your facility’s needs, layout, and operations. Understanding the basic configurations can help you select the most efficient and cost-effective option.

Vertical Tanks

These upright, cylindrical tanks are ideal for facilities with a limited footprint. They’re commonly used in industries where height is less of a constraint than ground space. Vertical tanks are easy to inspect and maintain and offer excellent structural strength.

Horizontal Tanks

Built to lie flat on the ground, horizontal tanks are often used when height is limited or for mobile applications. Their low profile makes them suitable for temporary or transportable setups.

Welded Steel Tanks

These tanks are constructed on-site or in-shop by welding steel components to create a seamless, high-strength structure. Welded tanks are extremely durable and ideal for long-term, high-volume storage. 

Modular or Bolted Tanks

Designed for easy transportation and assembly, bolted tanks arrive in prefabricated panels that are connected on-site. They’re well-suited for remote or space-limited locations and can be disassembled and relocated if needed. However, they may require more maintenance to ensure seal integrity over time.

5. Evaluate Location and Installation Considerations

Your aboveground storage tank’s location and installation method directly impact performance, longevity, and maintenance accessibility. Before finalizing your tank design, it’s essential to consider your site’s physical environment and structural requirements.

Indoor vs. Outdoor Placement:

  • Indoor tanks – Protected from the elements, but may be limited by ceiling height, floor load capacity, or access for installation and maintenance.
  • Outdoor tanks – Allow for more flexibility in size and layout, but must be designed to withstand weather conditions and environmental exposure.

Ground-Level vs. Elevated Systems:

  • Ground-level tanks – Easier to install and maintain, with simpler access for inspections, cleaning, and repairs.
  • Elevated tanks – Provide water pressure through gravity, making them ideal for fire suppression or areas without pump systems—but they require structural support and additional safety considerations.

Environmental Exposure:

Outdoor tanks must be designed to endure factors like:

  • UV radiation
  • High winds
  • Temperature extremes
  • Corrosive atmospheres
  • Seismic activity (in some regions)

Note: Protective coatings, insulation, anchoring systems, and materials rated for specific conditions may be required to ensure structural integrity and safety.

Foundation and Support Requirements

Aboveground tanks need a stable, level base capable of supporting the tank and its contents. The type of foundation (concrete, gravel, steel ring, etc.) will depend on tank size, material, and site conditions. In some cases, custom structural supports or anchoring systems are necessary.

Accessibility for Inspection and Maintenance

Proper tank access should always be factored into the design. Features like platforms, ladders, catwalks, and clearances should support safe, efficient inspections and upkeep.

At PALA, we consider all of these variables during the planning phase to ensure a smooth installation and long-term functionality, regardless of where your tank is located.

6. Comply with Industry and Environmental Storage Tank Regulations

Compliance is non-negotiable when selecting and installing an aboveground water storage tank. Tank regulations are in place to ensure safety, prevent environmental contamination, and protect public health. Understanding which standards apply to your operation is essential.

Key Regulatory Standards:

  • API-650 & API-620These American Petroleum Institute standards govern the design and construction of large, welded steel tanks. API-650 is most commonly used for atmospheric tanks, while API-620 covers tanks designed to withstand low-pressure applications. 
  • ASME (American Society of Mechanical Engineers)Tanks used for pressurized storage or process applications may fall under ASME standards, especially if they are considered pressure vessels. ASME code compliance ensures structural integrity under pressure. 
  • EPA SPCC (40 CFR 112)The Environmental Protection Agency’s Spill Prevention, Control, and Countermeasure (SPCC) rule requires facilities storing specific quantities of oil or hazardous substances to have containment and prevention plans in place. Even water storage tanks can be subject to these rules if there’s a risk of contamination or chemical additives involved.

Don’t Overlook State and Local Regulations

While federal codes provide a framework, individual states, municipalities, or industry-specific agencies may have additional requirements related to containment, piping, fire protection, inspections, or permitting. These can vary widely by location.

We strongly recommend consulting with local regulatory bodies or working with a qualified contractor like PALA to ensure full compliance.

Keep Up with Recordkeeping and Inspection Requirements

Most governing bodies require regular tank inspections, maintenance logs, and repair documentation. Staying ahead of these requirements not only ensures compliance but also extends the lifespan of your tank and minimizes risk.

7. Partner with a Trusted Tank Fabricator and Installer

Even the best tank design can fall short without expert fabrication and installation. That’s why partnering with a trusted, turnkey provider like PALA makes all the difference.

Why Choose PALA?

  • Custom FabricationOur 94,000 sq. ft. Louisiana-based fabrication facility is equipped to handle projects of all sizes and complexities. Whether you need a standard API-650 tank or a highly customized solution, we can deliver with precision and efficiency.
  • Safety-First InstallationPALA’s commitment to safety is woven into every project. Our crews follow strict protocols to ensure your tank is installed to the highest safety and quality standards.
  • Long-Term SupportWe don’t walk away once the job is done. We provide ongoing support to help you get the most out of your investment.

When it’s time to choose a water storage tank for your facility, choose a partner with expertise, reliability, and a proven track record—PALA.

Ready to Choose the Right Water Storage Tank?

When you’re ready to move forward, partner with a team that understands the full scope of your project. PALA offers turnkey tank design, custom fabrication, and safe, expert installation—all backed by decades of experience.