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| ✷ Report Code: A01887 | Feb 2022 | Pages: 260 | ||
| Tables: 199 | Charts: 50 |
| |
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Oil Storage Market
Request Now !The global oil storage market size was valued at $12.2 billion in 2020, and is projected to reach $18.4 billion by 2030, growing at a CAGR of 4.3% from 2021 to 2030. Oil storage tanks are required in the production, refining, and distribution of petroleum products. Small bolted tanks are ideal for production fields while larger, welded storage tanks are used in distribution terminals and refineries throughout the world. Product operating conditions, storage capacities, and specific design issues can affect the tank selection process. The petroleum industry has experienced significant changes in the types of products used to feed the refineries around the world. Increased use of petroleum products has prompted the industry to turn to other sources for supply. Changes in product, physical, and chemical properties impose new challenges to the storage tank industry. Environmental and safety requirements continue to be a significant factor in the selection and design of storage tanks used by the petroleum industry.
The COVID-19 pandemic has negatively impacted the Global Oil Storage market. The decrease in demand for many non-essential products and shut down of construction has created a negative impact on the development of global oil storage market.
The general types of atmospheric storage tanks (AST) in use may be open top tanks (OTT), fixed-roof tanks (FRT), external floating-roof tanks (EFRT), or internal floating-roof tanks (IFRT). Depending on the product, a closed floating-roof tank (CFRT) may even be selected. Increase in oil & gas production activities and surge in demand for crude oil in several end-use sectors are expected to drive the market over the forecast period. Suppliers are focusing on inventories and infrastructure development owing to rising crude oil demand and to store crude oil in large quantities. In addition, fluctuating crude oil prices have resulted in oil-importing countries safeguarding their energy security through enhanced oil storage. Moreover, the growing trend for strategic petroleum reserves across several countries will positively influence the growth of the market. The global oil storage market is segmented into type, material, product design, and region.
Depending on type, the global oil storage market is categorized into crude oil, gasoline, aviation fuel, naphtha, diesel, kerosene, and liquefied petroleum gas. In terms of value, the crude oil segment accounted for the largest share in 2020. By material, the market is segregated into steel, carbon steel, and fiberglass-reinforced plastic. In terms of value, the carbon steel segment accounted for the largest share in 2020. On the basis of product design, the market is fragmented into open top tank, fixed roof tank, floating roof tank, and others. In terms of value, the floating roof tanks segment accounted for the largest share in 2020.
Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. LAMEA accounted for the largest share of the market in 2020, with Asia-Pacific being the fastest growing region. The major companies profiled in this report include Belco manufacturing co., Inc., Brooge Energy, Containment Solutions, Inc., LBC Tank Terminals, L. F. Manufacturing, Inc., Oiltanking GmbH, Odfjell SE, Puma Energy, Royal Vopak, and Vitol.
In addition to the above mentioned companies, Energy Transfer Partners, LP (Sunoco Logistics Partners), Synalloy Corporation, Columbian TecTank, Inc., Poly Processing Company, Inc., Red Ewald Inc., and ZCL Composites Inc. are competing for the share of the market through product launch, joint venture, partnership, and expanding the production capabilities to meet the future demand for the oil storage.
LAMEA occupies the largest part of the oil storage market and consists of countries such as Brazil, Nigeria, KSA, and rest of LAMEA. The presence of huge fossil fuel resources in this region and the most of the country GDP depends on the production of crude oil and refineries. In addition, increase in the demand for petroleum products such as diesel, petrol, kerosene and other fuels in developing countries has led to the demand for the oil storage facilities. Furthermore, surge in demand for fossil fuels from developing countries led to the investment of the Middle East companies to develop oil storage facilities across the sea ports.
The crude oil segment dominates the global oil storage market. Crude oil is the raw material used in many of the products such as diesel, petrol, aviation fuel, kerosene, and others are manufactured and used worldwide. The automobile industry has witnessed exponentially growth in past few years, and new products such as liquefied natural gas has applications in this field. The adoption of LPG across developing countries has led to the demand for storage terminals. National policies of developed and developing countries related to strategic petroleum reserves have compelled countries to prioritize their storage capacity expansion to suffice the oil demand in case of import failure or crisis. Development of transportation infrastructure related to aviation due to ever-growing air traffic has created demand for aviation fuel, which has positive impact on the demand for crude oil.
The carbon steel segment dominates the global oil storage market. Carbon steel accounts for 90% of all steel produced worldwide. The demand for carbon steel in manufacturing of oil storage tanks is mostly because it is more affordable than stainless steel. It is wear resistant, contains as much as 2.1% of carbon, making it harder and stronger than steel. Tanks constructed from carbon steel can be lined or painted to improve their chemical and water resistance, allowing them to hold most types of fluid or gas. Carbon steels can be divided into three main categories, low carbon steel, medium carbon steel, and high carbon steel. Low-carbon, or mild, steel contains between 0.05% and 0.15% carbon. Thus, it is quite malleable and can be easily bent, rolled, and welded into desired shapes. This flexible quality makes it easy to form the basic “disc and donut” assemblies that are used to create many finished storage tanks from carbon steel plates. As a relatively inexpensive material that meets the requirements for most storage applications, mild carbon steel serves as an ideal option for tanks designed for chemical, fuel, oil, and water storage.
The floating roof tank segment dominates the global oil storage market. Floating roof tanks are often used in pumping stations and terminals where crude oil is stabilized at vapor pressures below 11.1psia. The floating roof tank is cylindrical and is held above the ground. Floating roof tanks are further divided into two types, external floating roof tanks and internal floating roof tanks. The external floating roof tank is a cylindrical steel shell with an open top. The roof is floating on the surface of the liquid. The roof goes up and down depending on the liquid level. The floating roof consists of a deck and accessories. The tank is equipped with fittings used for operational functions. Internal floating roof tanks include both fixed and floating roofs. Fixed roof tank is supported by vertical columns within the tank. There are floating roofs that float in the tank, rise when the liquid level rises, and fall when the liquid level falls.
COVID-19 has severely impacted the global economy with devastating effects on global trade, which has simultaneously affected households, business, financial institution, industrial establishments, and infrastructure companies. The novel coronavirus has affected several economies ad caused lockdown in many countries, which limited effect on the growth of the market. The shutdown of industrial manufacturer led to the decline in the demand for fossil fuels in transportation and aviation sector, which led to decline in the development of the oil storage market. Decrease in demand for oil and oil products has halted the production processes at both offshore and onshore locations. Therefore, oil storage tank terminal construction and upgradation projects are expected to be pushed further due to the shutdown in the industry.
Key benefits for stakeholders
Oil Storage Market Report Highlights
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| By Material |
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CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top winning strategies
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
3.7. Pricing Analysis
3.8. Key Regulation Analysis
3.9. Regulatory Guidelines
CHAPTER 4: OIL STORAGE MARKET, BY TYPE
4.1 Overview
4.2 Crude Oil
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Gasoline
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Aviation Fuel
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 Naphtha
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country
4.6 Diesel
4.6.1 Key market trends, growth factors and opportunities
4.6.2 Market size and forecast, by region
4.6.3 Market analysis by country
4.7 Kerosene
4.7.1 Key market trends, growth factors and opportunities
4.7.2 Market size and forecast, by region
4.7.3 Market analysis by country
4.8 LPG and Others
4.8.1 Key market trends, growth factors and opportunities
4.8.2 Market size and forecast, by region
4.8.3 Market analysis by country
CHAPTER 5: OIL STORAGE MARKET, BY MATERIAL
5.1 Overview
5.2 Steel
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Carbon Steel
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Fiber Reinforced Plastic
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
CHAPTER 6: OIL STORAGE MARKET, BY PRODUCT DESIGN
6.1 Overview
6.2 Open Top
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Fixed Roof
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Floating Roof
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
6.5 Others
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market analysis by country
CHAPTER 7: OIL STORAGE MARKET, BY REGION
7.1 Overview
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size & forecast, by Type
7.2.3 North America Market size & forecast, by Material
7.2.4 North America Market size & forecast, by Product Design
7.2.5 North America Market size & forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Market size & forecast, by Type
7.2.5.1.2 Market size & forecast, by Material
7.2.5.1.3 Market size & forecast, by Product Design
7.2.5.2 Canada
7.2.5.2.1 Market size & forecast, by Type
7.2.5.2.2 Market size & forecast, by Material
7.2.5.2.3 Market size & forecast, by Product Design
7.2.5.3 Mexico
7.2.5.3.1 Market size & forecast, by Type
7.2.5.3.2 Market size & forecast, by Material
7.2.5.3.3 Market size & forecast, by Product Design
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size & forecast, by Type
7.3.3 Europe Market size & forecast, by Material
7.3.4 Europe Market size & forecast, by Product Design
7.3.5 Europe Market size & forecast, by country
7.3.5.1 Russia
7.3.5.1.1 Market size & forecast, by Type
7.3.5.1.2 Market size & forecast, by Material
7.3.5.1.3 Market size & forecast, by Product Design
7.3.5.2 U.K.
7.3.5.2.1 Market size & forecast, by Type
7.3.5.2.2 Market size & forecast, by Material
7.3.5.2.3 Market size & forecast, by Product Design
7.3.5.3 Denmark
7.3.5.3.1 Market size & forecast, by Type
7.3.5.3.2 Market size & forecast, by Material
7.3.5.3.3 Market size & forecast, by Product Design
7.3.5.4 Italy
7.3.5.4.1 Market size & forecast, by Type
7.3.5.4.2 Market size & forecast, by Material
7.3.5.4.3 Market size & forecast, by Product Design
7.3.5.5 Norway
7.3.5.5.1 Market size & forecast, by Type
7.3.5.5.2 Market size & forecast, by Material
7.3.5.5.3 Market size & forecast, by Product Design
7.3.5.6 Rest of Europe
7.3.5.6.1 Market size & forecast, by Type
7.3.5.6.2 Market size & forecast, by Material
7.3.5.6.3 Market size & forecast, by Product Design
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size & forecast, by Type
7.4.3 Asia-Pacific Market size & forecast, by Material
7.4.4 Asia-Pacific Market size & forecast, by Product Design
7.4.5 Asia-Pacific Market size & forecast, by country
7.4.5.1 China
7.4.5.1.1 Market size & forecast, by Type
7.4.5.1.2 Market size & forecast, by Material
7.4.5.1.3 Market size & forecast, by Product Design
7.4.5.2 India
7.4.5.2.1 Market size & forecast, by Type
7.4.5.2.2 Market size & forecast, by Material
7.4.5.2.3 Market size & forecast, by Product Design
7.4.5.3 Australia
7.4.5.3.1 Market size & forecast, by Type
7.4.5.3.2 Market size & forecast, by Material
7.4.5.3.3 Market size & forecast, by Product Design
7.4.5.4 Malaysia
7.4.5.4.1 Market size & forecast, by Type
7.4.5.4.2 Market size & forecast, by Material
7.4.5.4.3 Market size & forecast, by Product Design
7.4.5.5 Indonesia
7.4.5.5.1 Market size & forecast, by Type
7.4.5.5.2 Market size & forecast, by Material
7.4.5.5.3 Market size & forecast, by Product Design
7.4.5.6 Rest of Asia-Pacific
7.4.5.6.1 Market size & forecast, by Type
7.4.5.6.2 Market size & forecast, by Material
7.4.5.6.3 Market size & forecast, by Product Design
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size & forecast, by Type
7.5.3 LAMEA Market size & forecast, by Material
7.5.4 LAMEA Market size & forecast, by Product Design
7.5.5 LAMEA Market size & forecast, by country
7.5.5.1 Brazil
7.5.5.1.1 Market size & forecast, by Type
7.5.5.1.2 Market size & forecast, by Material
7.5.5.1.3 Market size & forecast, by Product Design
7.5.5.2 Nigeria
7.5.5.2.1 Market size & forecast, by Type
7.5.5.2.2 Market size & forecast, by Material
7.5.5.2.3 Market size & forecast, by Product Design
7.5.5.3 KSA
7.5.5.3.1 Market size & forecast, by Type
7.5.5.3.2 Market size & forecast, by Material
7.5.5.3.3 Market size & forecast, by Product Design
7.5.5.4 Rest of LAMEA
7.5.5.4.1 Market size & forecast, by Type
7.5.5.4.2 Market size & forecast, by Material
7.5.5.4.3 Market size & forecast, by Product Design
CHAPTER 8: COMPANY LANDSCAPE
8.1. Top winning strategies
8.2. Product Mapping of Top 10 Player
8.3. Competitive Dashboard
8.4. Competitive Heatmap
8.5 Key developments
8.5.1. Acquisition
8.5.2. Business Expansion
8.5.3. Agreement
8.5.4. Partnership
8.5.5. Product Launch
CHAPTER 9: COMPANY PROFILES
9.1 BELCO MANUFACTURING CO. INC.
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 Brooge Energy
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Containment Solutions, Inc.
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 LBC Tank Terminals
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 L. F. Manufacturing, Inc.
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Oiltanking GmbH
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 Odfjell SE
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Puma Energy
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 Royal Vopak
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 Vitol
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
LIST OF TABLES
TABLE 01. GLOBAL Oil Storage Market, BY Type, 2020–2030 (KILOTONS)
TABLE 02. GLOBAL Oil Storage Market, BY Type, 2020–2030($MILLION)
TABLE 03. Oil Storage Market for Crude Oil, BY REGION, 2020-2030 (KILOTONS)
TABLE 04. Oil Storage Market for Crude Oil, BY REGION, 2020-2030 ($MILLION)
TABLE 05. Oil Storage Market for Crude Oil, BY Country, 2020-2030 ($MILLION)
TABLE 06. Oil Storage Market for Gasoline, BY REGION, 2020-2030 (KILOTONS)
TABLE 07. Oil Storage Market for Gasoline, BY REGION, 2020-2030 ($MILLION)
TABLE 08. Oil Storage Market for Gasoline, BY Country, 2020-2030 ($MILLION)
TABLE 09. Oil Storage Market for Aviation Fuel, BY REGION, 2020-2030 (KILOTONS)
TABLE 10. Oil Storage Market for Aviation Fuel, BY REGION, 2020-2030 ($MILLION)
TABLE 11. Oil Storage Market for Aviation Fuel, BY Country, 2020-2030 ($MILLION)
TABLE 12. Oil Storage Market for Naphtha, BY REGION, 2020-2030 (KILOTONS)
TABLE 13. Oil Storage Market for Naphtha, BY REGION, 2020-2030 ($MILLION)
TABLE 14. Oil Storage Market for Naphtha, BY Country, 2020-2030 ($MILLION)
TABLE 15. Oil Storage Market for Diesel, BY REGION, 2020-2030 (KILOTONS)
TABLE 16. Oil Storage Market for Diesel, BY REGION, 2020-2030 ($MILLION)
TABLE 17. Oil Storage Market for Diesel, BY Country, 2020-2030 ($MILLION)
TABLE 18. Oil Storage Market for Kerosene, BY REGION, 2020-2030 (KILOTONS)
TABLE 19. Oil Storage Market for Kerosene, BY REGION, 2020-2030 ($MILLION)
TABLE 20. Oil Storage Market for Kerosene, BY Country, 2020-2030 ($MILLION)
TABLE 21. Oil Storage Market for LPG and Others, BY REGION, 2020-2030 (KILOTONS)
TABLE 22. Oil Storage Market for LPG and Others, BY REGION, 2020-2030 ($MILLION)
TABLE 23. Oil Storage Market for LPG and Others, BY Country, 2020-2030 ($MILLION)
TABLE 24. GLOBAL Oil Storage Market, BY Material, 2020–2030 (KILOTONS)
TABLE 25. GLOBAL Oil Storage Market, BY Material, 2020–2030($MILLION)
TABLE 26. Oil Storage Market for StProduct Designl, BY REGION, 2020-2030 (KILOTONS)
TABLE 27. Oil Storage Market for StProduct Designl, BY REGION, 2020-2030 ($MILLION)
TABLE 28. Oil Storage Market for StProduct Designl, BY Country, 2020-2030 ($MILLION)
TABLE 29. Oil Storage Market for Carbon StProduct Designl, BY REGION, 2020-2030 (KILOTONS)
TABLE 30. Oil Storage Market for Carbon StProduct Designl, BY REGION, 2020-2030 ($MILLION)
TABLE 31. Oil Storage Market for Carbon StProduct Designl, BY Country, 2020-2030 ($MILLION)
TABLE 32. Oil Storage Market for Fiber Reinforced Plastic, BY REGION, 2020-2030 (KILOTONS)
TABLE 33. Oil Storage Market for Fiber Reinforced Plastic, BY REGION, 2020-2030 ($MILLION)
TABLE 34. Oil Storage Market for Fiber Reinforced Plastic, BY Country, 2020-2030 ($MILLION)
TABLE 35. GLOBAL Oil Storage Market, BY Product Design, 2020–2030 (KILOTONS)
TABLE 36. GLOBAL Oil Storage Market, BY Product Design, 2020–2030($MILLION)
TABLE 37. Oil Storage Market for Open top, BY REGION, 2020-2030 (KILOTONS)
TABLE 38. Oil Storage Market for Open top, BY REGION, 2020-2030 ($MILLION)
TABLE 39. Oil Storage Market for Open top, BY Country, 2020-2030 ($MILLION)
TABLE 40. Oil Storage Market for Fixed Roof, BY REGION, 2020-2030 (KILOTONS)
TABLE 41. Oil Storage Market for Fixed Roof, BY REGION, 2020-2030 ($MILLION)
TABLE 42. Oil Storage Market for Fixed Roof, BY Country, 2020-2030 ($MILLION)
TABLE 43. Oil Storage Market for Floating Roof, BY REGION, 2020-2030 (KILOTONS)
TABLE 44. Oil Storage Market for Floating Roof, BY REGION, 2020-2030 ($MILLION)
TABLE 45. Oil Storage Market for Floating Roof, BY Country, 2020-2030 ($MILLION)
TABLE 46. Oil Storage Market for Others, BY REGION, 2020-2030 (KILOTONS)
TABLE 47. Oil Storage Market for Others, BY REGION, 2020-2030 ($MILLION)
TABLE 48. Oil Storage Market for Others, BY Country, 2020-2030 ($MILLION)
TABLE 49. Oil Storage Market, BY REGION, 2020-2030 (KILOTONS)
TABLE 50. Oil Storage Market, BY REGION, 2020-2030 ($MILLION)
TABLE 51. NORTH AMERICA Oil Storage Market, BY Type, 2020-2030 (KILOTONS)
TABLE 52. NORTH AMERICA Oil Storage Market, BY Type, 2020-2030 ($MILLION)
TABLE 53. NORTH AMERICA Oil Storage Market, BY Material, 2020-2030 (KILOTONS)
TABLE 54. NORTH AMERICA Oil Storage Market, BY Material, 2020-2030 ($MILLION)
TABLE 55. NORTH AMERICA Oil Storage Market, BY Product Design, 2020-2030 (KILOTONS)
TABLE 56. NORTH AMERICA Oil Storage Market, BY Product Design, 2020-2030 ($MILLION)
TABLE 57. NORTH AMERICA Oil Storage Market, BY COUNTRY, 2020-2030 (KILOTONS)
TABLE 58. NORTH AMERICA Oil Storage Market, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 59. U.S. Oil Storage Market, BY Type, 2020-2030 (KILOTONS)
TABLE 60. U.S. Oil Storage Market, BY Type, 2020-2030 ($MILLION)
TABLE 61. U.S. Oil Storage Market, BY Material, 2020-2030 (KILOTONS)
TABLE 62. U.S. Oil Storage Market, BY Material, 2020-2030 ($MILLION)
TABLE 63. U.S. Oil Storage Market, BY Product Design, 2020-2030 (KILOTONS)
TABLE 64. U.S. Oil Storage Market, BY Product Design, 2020-2030 ($MILLION)
TABLE 65. CANADA Oil Storage Market, BY Type, 2020-2030 (KILOTONS)
TABLE 66. CANADA Oil Storage Market, BY Type, 2020-2030 ($MILLION)
TABLE 67. CANADA Oil Storage Market, BY Material, 2020-2030 (KILOTONS)
TABLE 68. CANADA Oil Storage Market, BY Material, 2020-2030 ($MILLION)
TABLE 69. CANADA Oil Storage Market, BY Product Design, 2020-2030 (KILOTONS)
TABLE 70. CANADA Oil Storage Market, BY Product Design, 2020-2030 ($MILLION)
TABLE 71. MEXICO Oil Storage Market, BY Type, 2020-2030 (KILOTONS)
TABLE 72. MEXICO Oil Storage Market, BY Type, 2020-2030 ($MILLION)
TABLE 73. MEXICO Oil Storage Market, BY Material, 2020-2030 (KILOTONS)
TABLE 74. MEXICO Oil Storage Market, BY Material, 2020-2030 ($MILLION)
TABLE 75. MEXICO Oil Storage Market, BY Product Design, 2020-2030 (KILOTONS)
TABLE 76. MEXICO Oil Storage Market, BY Product Design, 2020-2030 ($MILLION)
TABLE 77. EUROPE Oil Storage Market, BY Type, 2020-2030 (KILOTONS)
TABLE 78. EUROPE Oil Storage Market, BY Type, 2020-2030 ($MILLION)
TABLE 79. EUROPE Oil Storage Market, BY Material, 2020-2030 (KILOTONS)
TABLE 80. EUROPE Oil Storage Market, BY Material, 2020-2030 ($MILLION)
TABLE 81. EUROPE Oil Storage Market, BY Product Design, 2020-2030 (KILOTONS)
TABLE 82. EUROPE Oil Storage Market, BY Product Design, 2020-2030 ($MILLION)
TABLE 83. EUROPE Oil Storage Market, BY COUNTRY, 2020-2030 (KILOTONS)
TABLE 84. EUROPE Oil Storage Market, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 85. Russia Oil Storage Market, BY Type, 2020-2030 (KILOTONS)
TABLE 86. Russia Oil Storage Market, BY Type, 2020-2030 ($MILLION)
TABLE 87. Russia Oil Storage Market, BY Material, 2020-2030 (KILOTONS)
TABLE 88. Russia Oil Storage Market, BY Material, 2020-2030 ($MILLION)
TABLE 89. Russia Oil Storage Market, BY Product Design, 2020-2030 (KILOTONS)
TABLE 90. Russia Oil Storage Market, BY Product Design, 2020-2030 ($MILLION)
TABLE 91. UK Oil Storage Market, BY Type, 2020-2030 (KILOTONS)
TABLE 92. UK Oil Storage Market, BY Type, 2020-2030 ($MILLION)
TABLE 93. UK Oil Storage Market, BY Material, 2020-2030 (KILOTONS)
TABLE 94. UK Oil Storage Market, BY Material, 2020-2030 ($MILLION)
TABLE 95. UK Oil Storage Market, BY Product Design, 2020-2030 (KILOTONS)
TABLE 96. UK Oil Storage Market, BY Product Design, 2020-2030 ($MILLION)
TABLE 97. Denmark Oil Storage Market, BY Type, 2020-2030 (KILOTONS)
TABLE 98. Denmark Oil Storage Market, BY Type, 2020-2030 ($MILLION)
TABLE 99. Denmark Oil Storage Market, BY Material, 2020-2030 (KILOTONS
TABLE 100. Denmark Oil Storage Market, BY Material, 2020-2030 ($MILLION)
TABLE 101. Denmark Oil Storage Market, BY Product Design, 2020-2030 (KILOTONS)
TABLE 102. Denmark Oil Storage Market, BY Product Design, 2020-2030 ($MILLION)
TABLE 103. ITALY Oil Storage Market, BY Type, 2020-2030 (KILOTONS)
TABLE 104. ITALY Oil Storage Market, BY Type, 2020-2030 ($MILLION)
TABLE 105. ITALY Oil Storage Market, BY Material, 2020-2030 (KILOTONS)
TABLE 106. ITALY Oil Storage Market, BY Material, 2020-2030 ($MILLION)
TABLE 107. ITALY Oil Storage Market, BY Product Design, 2020-2030 (KILOTONS)
TABLE 108. ITALY Oil Storage Market, BY Product Design, 2020-2030 ($MILLION)
TABLE 109. Norway Oil Storage Market, BY Type, 2020-2030 (KILOTONS)
TABLE 110. Norway Oil Storage Market, BY Type ($MILLION)
TABLE 111. Norway Oil Storage Market, BY Material, 2020-2030 (KILOTONS)
TABLE 112. Norway Oil Storage Market, BY Material, 2020-2030 ($MILLION)
TABLE 113. Norway Oil Storage Market, BY Product Design, 2020-2030 (KILOTONS)
TABLE 114. Norway Oil Storage Market, BY Product Design, 2020-2030 ($MILLION)
TABLE 115. REST OF EUROPE Oil Storage Market, BY Type, 2020-2030 (KILOTONS)
TABLE 116. REST OF EUROPE Oil Storage Market, BY Type, 2020-2030 ($MILLION)
TABLE 117. REST OF EUROPE Oil Storage Market, BY Material, 2020-2030 (KILOTONS)
TABLE 118. REST OF EUROPE Oil Storage Market, BY Material, 2020-2030 ($MILLION)
TABLE 119. REST OF EUROPE Oil Storage Market, BY Product Design, 2020-2030 (KILOTONS)
TABLE 120. REST OF EUROPE Oil Storage Market, BY Product Design, 2020-2030 ($MILLION)
TABLE 121. ASIA-PACIFIC Oil Storage Market, BY Type, 2020-2030 (KILOTONS)
TABLE 122. ASIA-PACIFIC Oil Storage Market, BY Type, 2020-2030 ($MILLION)
TABLE 123. ASIA-PACIFIC Oil Storage Market, BY Material, 2020-2030 (KILOTONS)
TABLE 124. ASIA-PACIFIC Oil Storage Market, BY Material, 2020-2030 ($MILLION)
TABLE 125. ASIA-PACIFIC Oil Storage Market, BY Product Design, 2020-2030 (KILOTONS)
TABLE 126. ASIA-PACIFIC Oil Storage Market, BY Product Design, 2020-2030 ($MILLION)
TABLE 127. ASIA-PACIFIC Oil Storage Market, BY COUNTRY, 2020-2030 (KILOTONS)
TABLE 128. ASIA-PACIFIC Oil Storage Market, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 129. CHINA Oil Storage Market, BY Type, 2020-2030 (KILOTONS)
TABLE 130. CHINA Oil Storage Market, BY Type, 2020-2030 ($MILLION)
TABLE 131. CHINA Oil Storage Market, BY Material, 2020-2030 (KILOTONS)
TABLE 132. CHINA Oil Storage Market, BY Material, 2020-2030 ($MILLION)
TABLE 133. CHINA Oil Storage Market, BY Product Design, 2020-2030 (KILOTONS)
TABLE 134. CHINA Oil Storage Market, BY Product Design, 2020-2030 ($MILLION)
TABLE 135. INDIA Oil Storage Market, BY Type, 2020-2030 (KILOTONS)
TABLE 136. INDIA Oil Storage Market, BY Type, 2020-2030 ($MILLION)
TABLE 137. INDIA Oil Storage Market, BY Material, 2020-2030 (KILOTONS)
TABLE 138. INDIA Oil Storage Market, BY Material, 2020-2030 ($MILLION)
TABLE 139. INDIA Oil Storage Market, BY Product Design, 2020-2030 (KILOTONS)
TABLE 140. INDIA Oil Storage Market, BY Product Design, 2020-2030 ($MILLION)
TABLE 141. AUSTRALIA Oil Storage Market, BY Type, 2020-2030 (KILOTONS)
TABLE 142. AUSTRALIA Oil Storage Market, BY Type, 2020-2030 ($MILLION)
TABLE 143. AUSTRALIA Oil Storage Market, BY Material, 2020-2030 (KILOTONS)
TABLE 144. AUSTRALIA Oil Storage Market, BY Material, 2020-2030 ($MILLION)
TABLE 145. AUSTRALIA Oil Storage Market, BY Product Design, 2020-2030 (KILOTONS)
TABLE 146. AUSTRALIA Oil Storage Market, BY Product Design, 2020-2030 ($MILLION)
TABLE 147. Malaysia Oil Storage Market, BY Type, 2020-2030 (KILOTONS)
TABLE 148. Malaysia Oil Storage Market, BY Type, 2020-2030 ($MILLION)
TABLE 149. Malaysia Oil Storage Market, BY Material, 2020-2030 (KILOTONS)
TABLE 150. Malaysia Oil Storage Market, BY Material, 2020-2030 ($MILLION)
TABLE 151. Malaysia Oil Storage Market, BY Product Design, 2020-2030 (KILOTONS)
TABLE 152. Malaysia Oil Storage Market, BY Product Design, 2020-2030 ($MILLION)
TABLE 153. Indonesia Oil Storage Market, BY Type, 2020-2030 (KILOTONS)
TABLE 154. Indonesia Oil Storage Market, BY Type, 2020-2030 ($MILLION)
TABLE 155. Indonesia Oil Storage Market, BY Material, 2020-2030 (KILOTONS)
TABLE 156. Indonesia Oil Storage Market, BY Material, 2020-2030 ($MILLION)
TABLE 157. Indonesia Oil Storage Market, BY Product Design, 2020-2030 (KILOTONS)
TABLE 158. Indonesia Oil Storage Market, BY Product Design, 2020-2030 ($MILLION)
TABLE 159. REST OF ASIA-PACIFIC Oil Storage Market, BY Type, 2020-2030 (KILOTONS)
TABLE 160. REST OF ASIA-PACIFIC Oil Storage Market, BY Type, 2020-2030 ($MILLION)
TABLE 161. REST OF ASIA-PACIFIC Oil Storage Market, BY Material, 2020-2030 (KILOTONS)
TABLE 162. REST OF ASIA-PACIFIC Oil Storage Market, BY Material, 2020-2030 ($MILLION)
TABLE 163. REST OF ASIA-PACIFIC Oil Storage Market, BY Product Design, 2020-2030 (KILOTONS)
TABLE 164. REST OF ASIA-PACIFIC Oil Storage Market, BY Product Design, 2020-2030 ($MILLION)
TABLE 165. LAMEA Oil Storage Market, BY Type, 2020-2030 (KILOTONS)
TABLE 166. LAMEA Oil Storage Market, BY Type, 2020-2030 ($MILLION)
TABLE 167. LAMEA Oil Storage Market, BY Material, 2020-2030 (KILOTONS)
TABLE 168. LAMEA Oil Storage Market, BY Material, 2020-2030 ($MILLION)
TABLE 169. LAMEA Oil Storage Market, BY Product Design, 2020-2030 (KILOTONS)
TABLE 170. LAMEA Oil Storage Market, BY Product Design, 2020-2030 ($MILLION)
TABLE 171. LAMEA Oil Storage Market, BY COUNTRY, 2020-2030 (KILOTONS)
TABLE 172. LAMEA Oil Storage Market, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 173. BRAZIL Oil Storage Market, BY Type, 2020-2030 (KILOTONS)
TABLE 174. BRAZIL Oil Storage Market, BY Type, 2020-2030 ($MILLION)
TABLE 175. BRAZIL Oil Storage Market, BY Material, 2020-2030 (KILOTONS)
TABLE 176. BRAZIL Oil Storage Market, BY Material, 2020-2030 ($MILLION)
TABLE 177. BRAZIL Oil Storage Market, BY Product Design, 2020-2030 (KILOTONS)
TABLE 178. BRAZIL Oil Storage Market, BY Product Design, 2020-2030 ($MILLION)
TABLE 179. Nigeria Oil Storage Market, BY Type, 2020-2030 (KILOTONS)
TABLE 180. Nigeria Oil Storage Market, BY Type, 2020-2030 ($MILLION)
TABLE 181. Nigeria Oil Storage Market, BY Material, 2020-2030 (KILOTONS)
TABLE 182. Nigeria Oil Storage Market, BY Material, 2020-2030 ($MILLION)
TABLE 183. Nigeria Oil Storage Market, BY Product Design, 2020-2030 (KILOTONS)
TABLE 184. Nigeria Oil Storage Market, BY Product Design, 2020-2030 ($MILLION)
TABLE 185. KSA Oil Storage Market, BY Type, 2020-2030 (KILOTONS)
TABLE 186. KSA Oil Storage Market, BY Type, 2020-2030 ($MILLION)
TABLE 187. KSA Oil Storage Market, BY Material, 2020-2030 (KILOTONS)
TABLE 188. KSA Oil Storage Market, BY Material, 2020-2030 ($MILLION)
TABLE 189. KSA Oil Storage Market, BY Product Design, 2020-2030 (KILOTONS)
TABLE 190. KSA Oil Storage Market, BY Product Design, 2020-2030 ($MILLION)
TABLE 191. REST OF LAMEA Oil Storage Market, BY Type, 2020-2030 (KILOTONS)
TABLE 192. REST OF LAMEA Oil Storage Market, BY Type, 2020-2030 ($MILLION)
TABLE 193. REST OF LAMEA Oil Storage Market, BY Material, 2020-2030 (KILOTONS)
TABLE 194. REST OF LAMEA Oil Storage Market, BY Material, 2020-2030 ($MILLION)
TABLE 195. REST OF LAMEA Oil Storage Market, BY Product Design, 2020-2030 (KILOTONS)
TABLE 196. REST OF LAMEA Oil Storage Market, BY Product Design, 2020-2030 ($MILLION)
TABLE 197. KEY BUSINESS EXPANSION
TABLE 198. KEY NEW PRODUCT
TABLE 199. KEY ACQUISITION
LIST OF FIGURES
FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. EXECUTIVE SUMMARY, BY SEGMENT
FIGURE 03. EXECUTIVE SUMMARY, BY COUNTRY
FIGURE 04. TOP INVESTMENT POCKETS, BY COUNTRY
FIGURE 05. HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 06. MODERATE THREAT OF NEW ENTRANTS
FIGURE 07. MODERATE THREAT OF SUBSTITUTES
FIGURE 08. MODERATE INTENSITY OF RIVALRY
FIGURE 09. HIGH BARGAINING POWER OF BUYERS
FIGURE 10. TOP PLAYER POSITIONING, 2020
FIGURE 11. Oil Storage Market DYNAMICS
FIGURE 12. Oil Storage MARKET: VALUE CHAIN
FIGURE 13. GLOBAL Oil Storage MARKET, BY Type, 2020–2030 ($MILLION)
FIGURE 14. COMPARATIVE SHARE ANALYSIS OF Oil Storage MARKET for Crude Oil, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 15. COMPARATIVE SHARE ANALYSIS OF Oil Storage MARKET for Gasoline, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 16. COMPARATIVE SHARE ANALYSIS OF Oil Storage MARKET for Aviation Fuel, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 17. COMPARATIVE SHARE ANALYSIS OF Oil Storage MARKET for Naphtha, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 18. COMPARATIVE SHARE ANALYSIS OF Oil Storage MARKET for Diesel, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 19. COMPARATIVE SHARE ANALYSIS OF Oil Storage MARKET for Kerosene, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 20. COMPARATIVE SHARE ANALYSIS OF Oil Storage MARKET for LPG and others, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 21. GLOBAL Oil Storage MARKET, BY Material, 2020–2030 ($MILLION)
FIGURE 22. COMPARATIVE SHARE ANALYSIS OF Oil Storage MARKET, FOR STEEL, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 23. COMPARATIVE SHARE ANALYSIS OF Oil Storage MARKET, FOR Carbon Steel, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 24. COMPARATIVE SHARE ANALYSIS OF Oil Storage MARKET, FOR Fiber Reinforced Plastic, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 25. Oil Storage MARKET, BY Product Design, 2020–2030 ($MILLION)
FIGURE 26. COMPARATIVE ANALYSIS OF Oil Storage MARKET, FOR Open Top, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 27. COMPARATIVE ANALYSIS OF Oil Storage MARKET, FOR Fixed Roof, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 28. COMPARATIVE ANALYSIS OF Oil Storage MARKET, FOR Floating Roof, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 29. COMPARATIVE ANALYSIS OF Oil Storage MARKET, FOR OTHERS, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 30. U.S. Oil Storage MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 31. Canada Oil Storage MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 32. Mexico Oil Storage MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 33. Russia Oil Storage MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 34. U.K. Oil Storage MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 35. Denmark Oil Storage MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 36. Italy Oil Storage MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 37. Norway Oil Storage MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 38. Rest of Europe Oil Storage MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 39. China Oil Storage MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 40. India Oil Storage MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 41. Australia Oil Storage MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 42. Malaysia Oil Storage MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 43. Indonesia Oil Storage MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 44. Rest Of Asia Pacific Oil Storage MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 45. Brazil Oil Storage MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 46. Nigeria Oil Storage MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 47. KSA Oil Storage MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 48. Rest of LAMEA Oil Storage MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 49. PRODUCT MAPPING OF TOP 10 PLAYERS SOURCE: COMPANY WEBSITE,
FIGURE 50. COMPETITIVE HEATMAP
The global oil storage market is expected to gain high traction during the forecast period, owing to continuous increase in energy outlook coupled with rise in concern toward the fulfillment of emergency crude oil supply.
Increase in import and export activities within the oil industry is driving the market growth. Oil storage refers to terminals or tanks where processed or produced oil is stored above ground or underground. The material and structure of the tank will vary depending on the type and nature of the oil. Wooden storage tanks were used in the early 1980s and are now being replaced by stainless steel, plastic, carbon steel, or reinforced concrete. Downstream operations use huge storage tanks to assemble oil for further processing and marketing.
Increased oil and gas production activity associated with increased demand for crude oil across multiple end-use sectors is expected to drive the market during the forecast period. Supplier is focusing on warehousing and infrastructure development, due to increase in demand for crude oil and mass storage of crude oil. In addition, fluctuations in crude oil prices have helped oil-importing countries ensure energy security through improved oil storage. Due to the COVID19 pandemic, crude oil supply exceeded crude oil demand. This has increased the share of oil storage capacity in some countries, thereby driving market demand over the forecast period. The presence of strict regulations related to oil storage in underground and aboveground tank facilities is expected to impede industry growth.
A. Crude oil segment holds the maximum share of the Oil storage market.
A. Transportation sector, aviation sector, chemical industries, and military sector are the potential customers of oil storage industry.
A. To get latest version of oil storage market report can be obtained on demand from the website.
A. Belco manufacturing co., Inc., Brooge Energy, Containment Solutions, Inc., LBC Tank Terminals, L. F. Manufacturing, Inc., Oiltanking GmbH, Odfjell SE, Puma Energy, Royal Vopak, and Vitol.
A. Agreement, Joint venture, investment, and acquisition are the key growth strategy for Oil storage market players in order to attract the end users.
A. The top ten market players are selected based on two key attributes - competitive strength and market positioning
A. Low crude oil price, growth in need for mega refining hub, import or distribution type facilities and high degree of product containment are major driving factors. Initiative such as strategic petroleum reserve for stockpiling large volume of oil to protect the countries the supply form price hike and stock out incident will provide lucrative opportunities in the Oil storage market.
A. LAMEA will provide more business opportunities for Oil storage in future, owing to rapid increase in the demand for fossil fuel resources across the developing countries.
A. Increase in oil production has encouraged suppliers to improve their inventories and infrastructure to store large quantities of oil is a major influencing factor for the growth of the market in the coming years.
A. Rapid industrialisation and development of automotive industry, aviation sector across the developed and developing countries are key applications expected to drive the adoption of Oil storage.
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