Oil storage is a type of trade where vertically integrated companies purchase oil for immediate delivery and store until the price of oil increases.
Strategic petroleum reserve for stockpiling large volumes of oil have enabled the government of the developed and the developing countries to protect the supply from price hike and stock out incident. However, decline on production and exploration activities, and rising inventory cost are expected to impede the market growth.
North America emerged as another major region with significant oil stockpiling demand.
Asia Pacific oil storage market is also expected to witness a turnaround in petrochemical demand over the forthcoming years.
In 2019, the market size of Oil storage is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Oil storage.
This report studies the global market size of Oil storage, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Oil storage production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
ZCL Composites
Belco Manufacturing
Containment Solutions
Sunoco Logistics
Oiltanking
Columbian Steel Tank
Poly Processing
Synalloy Corporation
L.F. Manufacturing
Red Ewald
Ziemann Holvrieka
Snyder Industries
Tuffa Tank
Marquard & Bahls
Royal Vopak
Zepnotek Storage Tanks
Market Segment by Product Type
Open Top Tank
Fixed Roof Tank
Floating Roof Tank
Others
Market Segment by Application
Crude Oil
Gasoline
Aviation Fuel
Naphtha
Diesel
Kerosene
Liquefied Petroleum Gas (LPG)
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Oil storage status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Oil storage manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Oil storage are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Oil storage. Industry analysis & Market Report on Oil storage is a syndicated market report, published as Global (United States, European Union and China) Oil storage Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Oil storage market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.