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Oil Storage: Global Strategic Business Report

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    Report

  • 183 Pages
  • February 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5030641

Global Oil Storage Market to Reach 2.6 Billion Cubic Meter by 2030

The global market for Oil Storage estimated at 1.8 Billion Cubic Meter in the year 2022, is projected to reach a revised size of 2.6 Billion Cubic Meter by 2030, growing at a CAGR of 4.7% over the analysis period 2022-2030. Strategic Petroleum Reserves, one of the segments analyzed in the report, is projected to record 4.2% CAGR and reach 2 Billion Cubic Meter by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Commercial Petroleum Reserves segment is readjusted to a revised 6.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at 535.2 Million Cubic Meter, While China is Forecast to Grow at 4.6% CAGR

The Oil Storage market in the U.S. is estimated at 535.2 Million Cubic Meter in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of 459.5 Million Cubic Meter by the year 2030 trailing a CAGR of 4.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 3.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.7% CAGR.

Select Competitors (Total 23 Featured) -

  • Buckeye Partners LP
  • CIM-CCMP Group
  • Compañia Logistica de Hidrocarburos CLH, S.A.
  • Ghazanfar Group (Afghanistan)
  • Horizon Terminals Limited
  • International-Matex Tank Terminals LLC
  • Kinder Morgan, Inc.
  • Koninklijke Vopak N.V.
  • Magellan Midstream Partners LP
  • NuStar Energy LP
  • Odfjell Group
  • Oiltanking GmbH
  • Sunoco Logistics Partners L.P.
  • VTTI

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and the publisher's Research Platform
  • Complimentary updates for one year

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Oil Storage - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Oil Storage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Cubic Meter for Years 2022 through 2030 and % CAGR
  • Table 2: World Historic Review for Oil Storage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Cubic Meter for Years 2014 through 2021 and % CAGR
  • Table 3: World 16-Year Perspective for Oil Storage by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2023 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Strategic Petroleum Reserves by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Cubic Meter for Years 2022 through 2030 and % CAGR
  • Table 5: World Historic Review for Strategic Petroleum Reserves by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Cubic Meter for Years 2014 through 2021 and % CAGR
  • Table 6: World 16-Year Perspective for Strategic Petroleum Reserves by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Commercial Petroleum Reserves by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Cubic Meter for Years 2022 through 2030 and % CAGR
  • Table 8: World Historic Review for Commercial Petroleum Reserves by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Cubic Meter for Years 2014 through 2021 and % CAGR
  • Table 9: World 16-Year Perspective for Commercial Petroleum Reserves by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Open Top Tanks by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Cubic Meter for Years 2022 through 2030 and % CAGR
  • Table 11: World Historic Review for Open Top Tanks by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Cubic Meter for Years 2014 through 2021 and % CAGR
  • Table 12: World 16-Year Perspective for Open Top Tanks by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Fixed Roof Tanks by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Cubic Meter for Years 2022 through 2030 and % CAGR
  • Table 14: World Historic Review for Fixed Roof Tanks by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Cubic Meter for Years 2014 through 2021 and % CAGR
  • Table 15: World 16-Year Perspective for Fixed Roof Tanks by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Floating Roof Tanks by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Cubic Meter for Years 2022 through 2030 and % CAGR
  • Table 17: World Historic Review for Floating Roof Tanks by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Cubic Meter for Years 2014 through 2021 and % CAGR
  • Table 18: World 16-Year Perspective for Floating Roof Tanks by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Other Storage Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Cubic Meter for Years 2022 through 2030 and % CAGR
  • Table 20: World Historic Review for Other Storage Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Cubic Meter for Years 2014 through 2021 and % CAGR
  • Table 21: World 16-Year Perspective for Other Storage Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Crude Oil by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Cubic Meter for Years 2022 through 2030 and % CAGR
  • Table 23: World Historic Review for Crude Oil by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Cubic Meter for Years 2014 through 2021 and % CAGR
  • Table 24: World 16-Year Perspective for Crude Oil by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Gasoline by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Cubic Meter for Years 2022 through 2030 and % CAGR
  • Table 26: World Historic Review for Gasoline by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Cubic Meter for Years 2014 through 2021 and % CAGR
  • Table 27: World 16-Year Perspective for Gasoline by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 28: World Recent Past, Current & Future Analysis for Aviation Fuel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Cubic Meter for Years 2022 through 2030 and % CAGR
  • Table 29: World Historic Review for Aviation Fuel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Cubic Meter for Years 2014 through 2021 and % CAGR
  • Table 30: World 16-Year Perspective for Aviation Fuel by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 31: World Recent Past, Current & Future Analysis for Middle Distillates by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Cubic Meter for Years 2022 through 2030 and % CAGR
  • Table 32: World Historic Review for Middle Distillates by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Cubic Meter for Years 2014 through 2021 and % CAGR
  • Table 33: World 16-Year Perspective for Middle Distillates by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 34: World Oil Storage Market Analysis of Annual Sales in Thousand Cubic Meter for Years 2014 through 2030
III. MARKET ANALYSIS
  • UNITED STATES
  • Oil Storage Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • CANADA
  • JAPAN
  • Oil Storage Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • CHINA
  • Oil Storage Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • EUROPE
  • Oil Storage Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • FRANCE
  • Oil Storage Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • GERMANY
  • Oil Storage Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • ITALY
  • UNITED KINGDOM
  • Oil Storage Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • REST OF EUROPE
  • ASIA-PACIFIC
  • Oil Storage Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • REST OF WORLD
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Buckeye Partners LP
  • CIM-CCMP Group
  • Compañia Logistica de Hidrocarburos CLH, S.A.
  • Ghazanfar Group (Afghanistan)
  • Horizon Terminals Limited
  • International-Matex Tank Terminals LLC
  • Kinder Morgan, Inc.
  • Koninklijke Vopak N.V.
  • Magellan Midstream Partners LP
  • NuStar Energy LP
  • Odfjell Group
  • Oiltanking GmbH
  • Sunoco Logistics Partners L.P.
  • VTTI