Oil and gas storage refers to the mechanisms employed for the safe storage of both unrefined and refined products including gas oil, gasoline, aviation fuel, naphtha, diesel, kerosene, liquefied natural gas and liquefied petroleum gas. Oil and gas storage service providers are a crucial logistic midway link between the upstream (production and exploration) and downstream (marketing and refining) segments of the oil and gas industry.
One of the major trends that will gain traction in the forecast period is the shift in focus toward independent oil and gas storage service companies. This will mainly attribute to the high profit margin. Independent storage companies do not store oil only for customers but also store oil for trading as well. With the expected increase in crude oil prices in the coming years, this will help independent storage companies significantly increase their profit margins.
In 2018, the global Oil and Gas Storage Service market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Oil and Gas Storage Service status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Oil and Gas Storage Service development in United States, Europe and China.
The key players covered in this study
Royal Vopak
Oiltanking
Magellan Midstream Partners
Buckeye Partners
Vitol
Blueknight Energy Partners
CIM-CCMP Group
CLH Group
Dailan Port Company
Horizon Terminals
International-Matex Tank Terminals
Amec Foster Wheeler
TechnipFMC
Market segment by Type, the product can be split into
Ground Storage
Water Storage
Other
Market segment by Application, split into
Power Plants
Oil Factory
Chemical Plant
Other
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Oil and Gas Storage Service status, future forecast, growth opportunity, key market and key players.
To present the Oil and Gas Storage Service development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Oil and Gas Storage Service are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Oil and Gas Storage Service . Industry analysis & Market Report on Oil and Gas Storage Service is a syndicated market report, published as Global Oil and Gas Storage Service Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Oil and Gas Storage Service market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.