The global oil storage market size accounted for US$ 12.6 Bn in 2021 and is projected to reach around USD 12.6 Bn by 2030, growing at a CAGR of 8.24% from 2022 to 2030.
Report Summary
The global oil storage market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.
The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the oil storage market across the globe.
A comprehensive estimate on the oil storage market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of oil storage during the forecast period. Price point comparison by region with global average price is also considered in the study.
Oil Storage Market Scope
| Report Coverage | Details |
| Market Size in 2022 | USD 13.64 Billion |
| Market Size by 2030 | USD 25.7 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 8.24% |
| Largest Market | Middle East and Africa |
| Fastest Growing Market | Asia Pacific |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Product Type, Storage Type, Material, Reserve Type, and Geography |
Oil Storage Market Key Highlights:
Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized oil storage market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.
Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.
Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.
Also Read: Healthcare Service Robots Market Size Analysis 2022 To 2030
Market Players
The report includes the profiles of key oil storage market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.
Major companies operating in this area are VTTI, Containment Solutions, Inc., Shawcor, Belco, CST Industries, Superior Tank Co., Inc., DELTA OIL TANKING BV, Royal Vopak, Oiltanking GmbH, Buckeye Partners, LP
Oil Storage Market Segmentation
By Product Type
- Crude Oil
- Gasoline
- Aviation Fuel
- Middle Distillates
- LPG
- Diesel
- Others
By Storage Type
- Open Top Tanks
- Fixed Roof Tanks
- Floating Roof Tanks
- Other Storage Facilities
By Material
- Steel
- Carbon Steel
- Fiberglass-reinforced Plastic (FRP)
By Reserve Type
- Strategic Petroleum Reserve
- Commercial Petroleum Reserve
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa (MEA)
Regional Segmentation
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
- Latin America (Brazil and Rest of Latin America)
- Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Research Methodology
Secondary Research
It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.
The secondary research sources referred in the process are as follows:
- Governmental bodies, and organizations creating economic policies
- National and international social welfare institutions
- Company websites, financial reports and SEC filings, broker and investor reports
- Related patent and regulatory databases
- Statistical databases and market reports
- Corporate Presentations, news, press release, and specification sheet of Manufacturers
Primary Research
Primary research includes face-to-face interviews, online surveys, and telephonic interviews.
- Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
- In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Oil Storage Market
5.1. COVID-19 Landscape: Oil Storage Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Oil Storage Market, By Product Type
8.1. Oil Storage Market, by Product Type, 2022-2030
8.1.1. Crude Oil
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Gasoline
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Aviation Fuel
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Middle Distillates
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. LPG
8.1.5.1. Market Revenue and Forecast (2017-2030)
8.1.6. Diesel
8.1.6.1. Market Revenue and Forecast (2017-2030)
8.1.7. Others
8.1.7.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Oil Storage Market, By Storage Type
9.1. Oil Storage Market, by Storage Type, 2022-2030
9.1.1. Open Top Tanks
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Fixed Roof Tanks
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Floating Roof Tanks
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Other Storage Facilities
9.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Oil Storage Market, By Material
10.1. Oil Storage Market, by Material, 2022-2030
10.1.1. Steel
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Carbon Steel
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Fiberglass-reinforced Plastic (FRP)
10.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Oil Storage Market, By Reserve Type
11.1. Oil Storage Market, by Reserve Type, 2022-2030
11.1.1. Strategic Petroleum Reserve
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Commercial Petroleum Reserve
11.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Oil Storage Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Product Type (2017-2030)
12.1.2. Market Revenue and Forecast, by Storage Type (2017-2030)
12.1.3. Market Revenue and Forecast, by Material (2017-2030)
12.1.4. Market Revenue and Forecast, by Reserve Type (2017-2030)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Product Type (2017-2030)
12.1.5.2. Market Revenue and Forecast, by Storage Type (2017-2030)
12.1.5.3. Market Revenue and Forecast, by Material (2017-2030)
12.1.5.4. Market Revenue and Forecast, by Reserve Type (2017-2030)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Product Type (2017-2030)
12.1.6.2. Market Revenue and Forecast, by Storage Type (2017-2030)
12.1.6.3. Market Revenue and Forecast, by Material (2017-2030)
12.1.6.4. Market Revenue and Forecast, by Reserve Type (2017-2030)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Product Type (2017-2030)
12.2.2. Market Revenue and Forecast, by Storage Type (2017-2030)
12.2.3. Market Revenue and Forecast, by Material (2017-2030)
12.2.4. Market Revenue and Forecast, by Reserve Type (2017-2030)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Product Type (2017-2030)
12.2.5.2. Market Revenue and Forecast, by Storage Type (2017-2030)
12.2.5.3. Market Revenue and Forecast, by Material (2017-2030)
12.2.5.4. Market Revenue and Forecast, by Reserve Type (2017-2030)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Product Type (2017-2030)
12.2.6.2. Market Revenue and Forecast, by Storage Type (2017-2030)
12.2.6.3. Market Revenue and Forecast, by Material (2017-2030)
12.2.6.4. Market Revenue and Forecast, by Reserve Type (2017-2030)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Product Type (2017-2030)
12.2.7.2. Market Revenue and Forecast, by Storage Type (2017-2030)
12.2.7.3. Market Revenue and Forecast, by Material (2017-2030)
12.2.7.4. Market Revenue and Forecast, by Reserve Type (2017-2030)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Product Type (2017-2030)
12.2.8.2. Market Revenue and Forecast, by Storage Type (2017-2030)
12.2.8.3. Market Revenue and Forecast, by Material (2017-2030)
12.2.8.4. Market Revenue and Forecast, by Reserve Type (2017-2030)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Product Type (2017-2030)
12.3.2. Market Revenue and Forecast, by Storage Type (2017-2030)
12.3.3. Market Revenue and Forecast, by Material (2017-2030)
12.3.4. Market Revenue and Forecast, by Reserve Type (2017-2030)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Product Type (2017-2030)
12.3.5.2. Market Revenue and Forecast, by Storage Type (2017-2030)
12.3.5.3. Market Revenue and Forecast, by Material (2017-2030)
12.3.5.4. Market Revenue and Forecast, by Reserve Type (2017-2030)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Product Type (2017-2030)
12.3.6.2. Market Revenue and Forecast, by Storage Type (2017-2030)
12.3.6.3. Market Revenue and Forecast, by Material (2017-2030)
12.3.6.4. Market Revenue and Forecast, by Reserve Type (2017-2030)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Product Type (2017-2030)
12.3.7.2. Market Revenue and Forecast, by Storage Type (2017-2030)
12.3.7.3. Market Revenue and Forecast, by Material (2017-2030)
12.3.7.4. Market Revenue and Forecast, by Reserve Type (2017-2030)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Product Type (2017-2030)
12.3.8.2. Market Revenue and Forecast, by Storage Type (2017-2030)
12.3.8.3. Market Revenue and Forecast, by Material (2017-2030)
12.3.8.4. Market Revenue and Forecast, by Reserve Type (2017-2030)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Product Type (2017-2030)
12.4.2. Market Revenue and Forecast, by Storage Type (2017-2030)
12.4.3. Market Revenue and Forecast, by Material (2017-2030)
12.4.4. Market Revenue and Forecast, by Reserve Type (2017-2030)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Product Type (2017-2030)
12.4.5.2. Market Revenue and Forecast, by Storage Type (2017-2030)
12.4.5.3. Market Revenue and Forecast, by Material (2017-2030)
12.4.5.4. Market Revenue and Forecast, by Reserve Type (2017-2030)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Product Type (2017-2030)
12.4.6.2. Market Revenue and Forecast, by Storage Type (2017-2030)
12.4.6.3. Market Revenue and Forecast, by Material (2017-2030)
12.4.6.4. Market Revenue and Forecast, by Reserve Type (2017-2030)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Product Type (2017-2030)
12.4.7.2. Market Revenue and Forecast, by Storage Type (2017-2030)
12.4.7.3. Market Revenue and Forecast, by Material (2017-2030)
12.4.7.4. Market Revenue and Forecast, by Reserve Type (2017-2030)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Product Type (2017-2030)
12.4.8.2. Market Revenue and Forecast, by Storage Type (2017-2030)
12.4.8.3. Market Revenue and Forecast, by Material (2017-2030)
12.4.8.4. Market Revenue and Forecast, by Reserve Type (2017-2030)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Product Type (2017-2030)
12.5.2. Market Revenue and Forecast, by Storage Type (2017-2030)
12.5.3. Market Revenue and Forecast, by Material (2017-2030)
12.5.4. Market Revenue and Forecast, by Reserve Type (2017-2030)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Product Type (2017-2030)
12.5.5.2. Market Revenue and Forecast, by Storage Type (2017-2030)
12.5.5.3. Market Revenue and Forecast, by Material (2017-2030)
12.5.5.4. Market Revenue and Forecast, by Reserve Type (2017-2030)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Product Type (2017-2030)
12.5.6.2. Market Revenue and Forecast, by Storage Type (2017-2030)
12.5.6.3. Market Revenue and Forecast, by Material (2017-2030)
12.5.6.4. Market Revenue and Forecast, by Reserve Type (2017-2030)
Chapter 13. Company Profiles
13.1. VTTI
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Containment Solutions, Inc.
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Shawcor
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Belco
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. CST Industries
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Superior Tank Co., Inc.
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. DELTA OIL TANKING BV
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Royal Vopak
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Oiltanking GmbH
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Buckeye Partners
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
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