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Storage Tank Rental in the US Procurement Price, Data and Insights
This report is intended to assist buyers looking to rent storage tanks, which are used to temporarily store tools, hazardous and nonhazardous liquids, gases and solids used in natural gas fracking, oil well drilling, chemical processing, utilities construction, environmental remediation services, wastewater treatment and other industrial and construction applications. Suppliers primarily consist of rental companies that purchase storage tanks from manufacturers to rent out to other businesses.
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What’s included in this market coverage
IBISWorld's research coverage on the Storage Tank Rental procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Storage Tank Rental market in the United States includes Frac Tank Rental, Fuel Cell Tank Rental and Water Storage Tank Rental. Standard coding in this coverage includes HS-7309-Reservoirs, Tanks, Vats And Similar Containers; For Any Material (Excluding Compressed Or Liquefied Gas), Of Iron Or Steel, Capacity Exceeding 300L, Whether Or Not Lined Or Heat Insulated, ISIC-773-Renting and leasing of other machinery, equipment and tangible goods, NACE-77.32-Rental And Leasing Of Construction And Civil Engineering Machinery And Equipment, NAICS-532410-Construction, transportation, mining, and forestry machinery and equipment rental and leasing and UNSPSC-72154057-Storage tank rental service.
What common market terminology is included?
Common market terminology included in the Storage Tank Rental procurement coverage includes Fracking (The process of injecting liquid at high pressure into the ground to force open existing fissures and extract oil or gas.) and Polyethylene (A polymer most commonly used for plastics used today including plastic bags, plastic bottles, plastic films, etc.).
What companies are included as top suppliers?
The top companies covered in the Storage Tank Rental procurement report as suppliers are Modutank Inc., Global Tank Leasing LLC, Frac-N-Vac Tanks LLC, Western Oilfields Supply Company and Stallion Oilfield Holdings Inc..
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Storage Tank Rental market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per day, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Storage Tank Rental market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Storage Tank Rental procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Storage Tank Rental market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Storage Tank Rental market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for Storage Tank Rental?
The 2026 benchmark market price for Storage Tank Rental is $146 per day. Prices have increased at a CAGR of 1.41 from 2023-26.
Who are the top vendors in the Storage Tank Rental market?
The top vendors in the Storage Tank Rental market include Modutank Inc., Global Tank Leasing LLC, Frac-N-Vac Tanks LLC, Western Oilfields Supply Company and Stallion Oilfield Holdings Inc..
What industries supply the Storage Tank Rental market?
The top industries supplying the Storage Tank Rental market are Gasoline & Petroleum Wholesaling in the US, Petroleum Refining in the US, Mining, Oil & Gas Machinery Manufacturing in the US, Ferrous Metal Foundry Products in the US, Pump & Compressor Manufacturing in the US, Iron & Steel Manufacturing in the US, Truck & Bus Manufacturing in the US and Automobile Engine & Parts Manufacturing in the US.
What is the supply chain risk for Storage Tank Rental?
Low supplier concentration empowers buyers to drive price competition and flexible contract terms . The storage tank rental market is highly fragmented, with around 300 vendors and no dominant players. This dynamic gives buyers substantial negotiating leverage, enabling aggressive price benchmarking and fostering competition for service quality and innovation. Procurement teams can leverage this supplier diversity to secure shorter contract terms, include performance incentives, or source from multiple providers to further reduce dependency risks.
What factors affect the price of Storage Tank Rental?
Rental length significantly affects the pricing of storage tanks, with longer rental periods typically offering reduced daily rates compared to short-term rentals. For example, a month-long rental typically costs less per day than a weekly rental, incentivizing businesses to commit to longer durations for cost savings, while also reflecting the supplier's reduced turnover and maintenance efforts.
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