108 Market Water scarcity is expected to affect about half of the world's population within the next few decades. As a result of this, a surge in concerns about conventional water usage may be driving the global market for plastic water tanks.The market for plastic water storage tanks is also expected to be bolstered by the growth of global construction and industrialisation activities.With an increase in population, the demand for plastic storage tanks has grown in both rural and urban areas. Storage of water is essential for residential, commercial, and industrial applications. Plastic water storage tanks are an excellent alternative to the traditional method of storing water. As compared to concrete or cement tanks, plastic tanks are highly durable, lightweight and easier to install.These are some of the factors driving the market for plastic water storage tanks. Applications such as agriculture and irrigation, suppression reserves, chemical manufacturing, wastewater containers, and food processing are increasing the demand for plastic water storage tanks.The result of this is quite visible.Vectus water storage solutions have eased itself into millions of homes and has become a consumerrecognised brand name in the market. Concurrent to its position of leadership, the company has witnessed massive growth in the last three years. Catering to extremely diverse needs, Vectus has established itself as a complete solutions provider in the business of polymerbased water storage products and piping solutions. Achievements Registering a strong pan-India presence with over seventeen manufacturing plants, 4,300+ distributors, 30,000+ retail counters and 90,000+ plumbers,Vectus is steadfast as well as aggressive in setting its foot in the polymer-based water storage and piping solutions industry. In 2019, Vectus Industries Limited won Best Manufacturing Company Award at Business Today's Business Leaders of Madhya Pradesh award.With a consumer validated Superbrands title as the recent addition to its list of accolades,Vectus has penetrated deeply into the market and is one of the leading players in the game that continues to innovate and diversify. To maintain its position as an industry leader, Vectus has always relied on innovation and on the use of updated technology.Vectus Industries Limited has been felicitated by the prestigious SAP HANA Innovation Award, 2017 for reducing operational costs by implementing SAP S/4 HANA across pan-India operations.The company achieved the Restriction of Hazardous Substances (RoHS) European cer tification in recognition of its consistent quality and environmental consciousness for its anti-bacterial and heavy metal-free tanks.Vectus has also achieved the prestigious World's Greatest Brands and Leaders, 2015 Asia and GCC Award. Armed with an impeccable track record and a string of achievements,Vectus pioneered the manufacture of highly durable and cost-effective blow moulded water storage tanks in the world. History Vectus’ history dates back to 1989 when the company laid its foundation with the manufacturing of rotational moulded water storage tanks, and gradually, it entered the piping systems category as well, with PPR and a variety of PVC piping systems in the year 2006.Vectus introduced the composite piping system in 2008. Vectus has established itself as a complete solutions provider in the polymer-based water storage products. It pioneered the manufacture of highly durable and cost-effective blow moulded water storage tanks in the world.To maintain its leadership position, it believes that growth can be derived by investing in cutting-edge technologies and by its dedication to excellence and continually striving to improve, which is reflected in the precision, quality, and performance of its products. Vectus Tanks are protected by Microban® Technology with is proven to eliminate bacteria by 99.9% up to Superbrands 2022 in.superbrands.com
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