Global Oil Storage Market is valued at approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than 3.4 % over the forecast period 2021-2027. Oil Storage is storage of oil for Continuous increase in the energy outlook, with growing concern towards the fulfillment of emergency crude oil supply. Increasing energy production rate, requirement of additional oil storage capacity has led to the adoption of Oil Storage across the forecast period. For instance, as per the EIA, weekly U.S. field production of crude oil was 12,300 thousand barrels per day in June 2019 when compared to 8,592 thousand barrels per day in June 2014. Also, with the rise in demand due to rise in energy consumption, the adoption & demand for Oil Storage is likely to increase the market growth during the forecast period. However, initiatives towards alternative fuels impede the growth of the market over the forecast period of 2021-2027.
Global Oil Storage Market is segmented on the basis of geographical region as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the increase in extraction and adoption of shell oil technology in this region. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate during the forecast period 2021-2027. Factors such as rapid urbanization and industrialization would create profitable growth prospects for the Oil Storage market across Asia-Pacific region.
Major market players included in this report are:
- CST Industries
- ZCL Composites, Inc.
- Synder Industries
- Denali Incorporated
- Synalloy Corporation
- LF Manufacturing
- Superior Product Company, Inc.
- Tianjin Anson International Co., Ltd.
- Elixir
- Roth Industries Company
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Reserve:
By Product:
- Fixed Roof
- Floating Roof
- Spherical Roof
- Others
By Region:
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
Furthermore, years considered for the study are as follows:
- Historical year - 2018, 2019
- Base year - 2020
- Forecast period - 2021 to 2027
Target Audience of the Global Oil Storage Market in Market Study:
- Key Consulting Companies & Advisors
- Large, medium-sized, and small enterprises
- Venture capitalists
- Value-Added Resellers (VARs)
- Third-party knowledge providers
- Investment bankers
- Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
- 1.2.1. Global Oil Storage Market, by Region, 2019-2027 (USD Billion)
- 1.2.2. Global Oil Storage Market, by Reserve, 2019-2027 (USD Billion)
- 1.2.3. Global Oil Storage Market, by Product, 2019-2027 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Oil Storage Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Oil Storage Market Dynamics
- 3.1. Oil Storage Market Impact Analysis (2019-2027)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing energy production rate
- 3.1.1.2. Requirement of additional oil storage capacity
- 3.1.2. Market Challenges
- 3.1.2.1. Initiatives towards alternative fuels
- 3.1.3. Market Opportunities
- 3.1.3.1. Rise in demand due to rise in energy consumption
Chapter 4. Global Oil Storage Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2027)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Oil Storage Market, by Reserve
- 6.1. Market Snapshot
- 6.2. Global Oil Storage Market by Reserve, Performance - Potential Analysis
- 6.3. Global Oil Storage Market Estimates & Forecasts by Reserve, 2018-2027 (USD Billion)
- 6.4. Oil Storage Market, Sub Segment Analysis
- 6.4.1. Strategic
- 6.4.2. Commercial
Chapter 7. Global Oil Storage Market, by Product
- 7.1. Market Snapshot
- 7.2. Global Oil Storage Market by Product, Performance - Potential Analysis
- 7.3. Global Oil Storage Market Estimates & Forecasts by Product, 2018-2027 (USD Billion)
- 7.4. Oil Storage Market, Sub Segment Analysis
- 7.4.1. Fixed Roof
- 7.4.2. Floating Roof
- 7.4.3. Spherical Roof
- 7.4.4. Others
Chapter 8. Global Oil Storage Market, Regional Analysis
- 8.1. Oil Storage Market, Regional Market Snapshot
- 8.2. North America Oil Storage Market
- 8.2.1. U.S. Oil Storage Market
- 8.2.1.1. Reserve breakdown estimates & forecasts, 2018-2027
- 8.2.1.2. Product breakdown estimates & forecasts, 2018-2027
- 8.2.2. Canada Oil Storage Market
- 8.3. Europe Oil Storage Market Snapshot
- 8.3.1. U.K. Oil Storage Market
- 8.3.2. Germany Oil Storage Market
- 8.3.3. France Oil Storage Market
- 8.3.4. Spain Oil Storage Market
- 8.3.5. Italy Oil Storage Market
- 8.3.6. Rest of Europe Oil Storage Market
- 8.4. Asia-Pacific Oil Storage Market Snapshot
- 8.4.1. China Oil Storage Market
- 8.4.2. India Oil Storage Market
- 8.4.3. Japan Oil Storage Market
- 8.4.4. Australia Oil Storage Market
- 8.4.5. South Korea Oil Storage Market
- 8.4.6. Rest of Asia Pacific Oil Storage Market
- 8.5. Latin America Oil Storage Market Snapshot
- 8.5.1. Brazil Oil Storage Market
- 8.5.2. Mexico Oil Storage Market
- 8.6. Rest of The World Oil Storage Market
Chapter 9. Competitive Intelligence
- 9.1. Top Market Strategies
- 9.2. Company Profiles
- 9.2.1. CST Industries
- 9.2.1.1. Key Information
- 9.2.1.2. Overview
- 9.2.1.3. Financial (Subject to Data Availability)
- 9.2.1.4. Product Summary
- 9.2.1.5. Recent Developments
- 9.2.2. ZCL Composites, Inc.
- 9.2.3. Synder Industries
- 9.2.4. Denali Incorporated
- 9.2.5. Synalloy Corporation
- 9.2.6. LF Manufacturing
- 9.2.7. Superior Product Company, Inc.
- 9.2.8. Tianjin Anson International Co., Ltd.
- 9.2.9. Elixir
- 9.2.10. Roth Industries Company
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption