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Global Oil and Gas Storage Service Market 2019-2023 - Product Image

Global Oil and Gas Storage Service Market 2019-2023

  • ID: 4761541
  • Report
  • March 2019
  • Region: Global
  • 127 pages
  • TechNavio
1h Free Analyst Time

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FEATURED COMPANIES

  • Buckeye Partners, L.P.
  • Oiltanking GmbH
  • Royal Vopak
  • Vitol
  • MORE
Rising use of natural gas in power generation will drive the oil and gas storage service market in the forthcoming years. The demand for natural gas is increasing as it has been gaining popularity as a fuel source for power generation worldwide. As a result, to meet the rising demand for natural gas as fuel, the need for oil and gas storage services at distribution hubs is likely to surge considerably during the forecast period. The rising demand for natural gas will drive the need for storage capacity expansions, in turn, contributing to the growth of the global oil and gas storage services market. The analysts have predicted that the oil and gas storage service market will register a CAGR of 2% by 2023.

Market Overview

Rising use of natural gas in power generation

The rising use of natural gas in power generation is one of the growth drivers of the global oil and gas storage service market. The need for storage services at distribution hubs is expected to increase, to meet the rising demand for natural gas as fuel during the forecast period.

Operational challenges associated with oil and gas storage service

The operational challenges associated with oil and gas storage service, will hinder the market growth. Such as high operational costs, identification of a suitable location for storages, and addressing environmental issues related to oil and gas storage will hamper the growth of the market.

For the detailed list of factors that will drive and challenge the growth of the oil and gas storage service market during the 2019-2023, view this report.

Competitive Landscape

The market appears to be moderately fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Buckeye Partners, L.P.
  • Oiltanking GmbH
  • Royal Vopak
  • Vitol
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY SERVICE
  • Market segmentation by service
  • Comparison by service
  • Storage services - Market size and forecast 2018-2023
  • Ancillary services - Market size and forecast 2018-2023
  • Other services - Market size and forecast 2018-2023
  • Market opportunity by service
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS

PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Buckeye Partners, L.P.
  • Magellan Midstream Partners, L.P.
  • Oiltanking GmbH
  • Royal Vopak
  • Vitol
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
List of Exhibits
Exhibit 01: Global oil and gas market
Exhibit 02: Overview of oil and gas value chain
Exhibit 03: Segments of global oil and gas market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2018
Exhibit 08: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 10: Historic data and forecast of crude oil prices (January 2015 - October 2020, $/bbl)
Exhibit 11: Expected occupancy of oil storage companies (2018-2022)
Exhibit 12: Five forces analysis 2018
Exhibit 13: Five forces analysis 2023
Exhibit 14: Bargaining power of buyers
Exhibit 15: Bargaining power of suppliers
Exhibit 16: Threat of new entrants
Exhibit 17: Threat of substitutes
Exhibit 18: Threat of rivalry
Exhibit 19: Market condition - Five forces 2018
Exhibit 20: Service - Market share 2018-2023 (%)
Exhibit 21: Comparison by service
Exhibit 22: Storage services - Market size and forecast 2018-2023 ($ millions)
Exhibit 23: Storage services - Year-over-year growth 2019-2023 (%)
Exhibit 24: Ancillary services - Market size and forecast 2018-2023 ($ millions)
Exhibit 25: Ancillary services - Year-over-year growth 2019-2023 (%)
Exhibit 26: Other services - Market size and forecast 2018-2023 ($ millions)
Exhibit 27: Other services - Year-over-year growth 2019-2023 (%)
Exhibit 28: Market opportunity by service
Exhibit 29: Customer landscape
Exhibit 30: Market share by geography 2018-2023 (%)
Exhibit 31: Geographic comparison
Exhibit 32: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 33: North America - Year-over-year growth 2019-2023 (%)
Exhibit 34: Opportunities and challenges for oil and gas storage service market in North America
Exhibit 35: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 36: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 37: Opportunities and challenges for oil and gas storage service market in APAC
Exhibit 38: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 39: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 40: Opportunities and challenges for oil and gas storage service market in Europe
Exhibit 41: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 42: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 43: Opportunities and challenges for oil and gas storage service market in MEA
Exhibit 44: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 45: South America - Year-over-year growth 2019-2023 (%)
Exhibit 46: Opportunities and challenges for oil and gas storage service market in South America
Exhibit 47: Key leading countries
Exhibit 48: Market opportunity
Exhibit 49: Global crude oil and natural gas derivative fuel consumption (2010-2019)
Exhibit 50: Cumulative retirement of coal and nuclear power capacity in the US 2017-2020 (GW)
Exhibit 51: Comparison of different modes of oil and gas transportation
Exhibit 52: Global crude oil price 2007-2017 ($/bbl)
Exhibit 53: Comparison of power generation capacities from various renewable energy sources 2008-2017 (GW)
Exhibit 54: Impact of drivers and challenges
Exhibit 55: LNG fuel compliance with emission regulations
Exhibit 56: Global refinery capacity growth 2007-2016 (%)
Exhibit 57: Refinery projects under construction or planning 2017
Exhibit 58: Vendor landscape
Exhibit 59: Landscape disruption
Exhibit 60: Vendors covered
Exhibit 61: Vendor classification
Exhibit 62: Market positioning of vendors
Exhibit 63: Buckeye Partners, L.P. - Vendor overview
Exhibit 64: Buckeye Partners, L.P. - Business segments
Exhibit 65: Buckeye Partners, L.P. - Organizational developments
Exhibit 66: Buckeye Partners, L.P. - Geographic focus
Exhibit 67: Buckeye Partners, L.P. - Segment focus
Exhibit 68: Buckeye Partners, L.P. - Key offerings
Exhibit 69: Magellan Midstream Partners, L.P. - Vendor overview
Exhibit 70: Magellan Midstream Partners, L.P. - Business segments
Exhibit 71: Magellan Midstream Partners, L.P. - Organizational developments
Exhibit 72: Magellan Midstream Partners, L.P. - Segment focus
Exhibit 73: Magellan Midstream Partners, L.P. - Key offerings
Exhibit 74: Oiltanking GmbH - Vendor overview
Exhibit 75: Oiltanking GmbH - Business segments
Exhibit 76: Oiltanking GmbH - Organizational developments
Exhibit 77: Oiltanking GmbH - Key offerings
Exhibit 78: Royal Vopak - Vendor overview
Exhibit 79: Royal Vopak - Service segments
Exhibit 80: Royal Vopak - Organizational developments
Exhibit 81: Royal Vopak - Geographic focus
Exhibit 82: Royal Vopak - Segment focus
Exhibit 83: Royal Vopak - Key offerings
Exhibit 84: Vitol - Vendor overview
Exhibit 85: Vitol - Business segments
Exhibit 86: Vitol - Organizational developments
Exhibit 87: Vitol - Key offerings
Exhibit 88: Validation techniques employed for market sizing
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Buckeye Partners, L.P.
  • Oiltanking GmbH
  • Royal Vopak
  • Vitol
  • MORE
Global Oil and Gas Storage Service Market 2019-2023

The analyst recognizes the following companies as the key players in the global oil and gas storage service market: Buckeye Partners, L.P., Magellan Midstream Partners, L.P., Oiltanking GmbH, Royal Vopak, and Vitol.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the emergence of solidification technology for natural gas storage.”

According to the report, one of the major drivers for this market is the rising use of natural gas in power generation.

Further, the report states that one of the major factors hindering the growth of this market is the increasing adoption of alternate energy sources.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Buckeye Partners, L.P.
  • Magellan Midstream Partners, L.P.
  • Oiltanking GmbH
  • Royal Vopak
  • Vitol
Note: Product cover images may vary from those shown
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