Global Oil Storage Market Report 2024

Oil Storage Global Market Report 2024 – By Product Design (Open Top Tank, Fixed Roof Tank, Floating Roof Tank, Other Designs), By Type (Crude Oil, Gasoline, Aviation Fuel, Naphtha, Diesel, Kerosene, Liquefied Petroleum Gas (LPG)), By Materials (Steel, Carbon Steel, Fiberglass Reinforced Plastic (FRP), Other Materials) – Market Size, Trends, And Global Forecast 2024-2033

Oil Storage Global Market Report 2024

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Oil Storage Market Definition And Segments

Oil storage refers to reservoirs or containers used to store oils. The oil storage tank is used to hold oil products temporarily before they are transported to end-users. Oil storage is used by companies to get more profits by using the cheapest storage method called underground spaces like the depleted reservoir.

The main types of oil storage include pen-top tanks, fixed roof tanks, floating roof tanks, and others. The open-top tank refers to process-oriented tanks and is typically used for blending or containment such as chroming tanks, dipping tanks, and batch tanks. These are used in industries as secondary containers for liquid storage. These tanks are used for the storage of crude oil, gasoline, aviation fuel, naphtha, diesel, kerosene, and liquefied petroleum gas (LPG). The different materials used in oil storage include steel, carbon steel, fiberglass-reinforced plastic (FRP), and others.

The oil storage market covered in this report is segmented –

1) By Product Design: Open Top Tank, Fixed Roof Tank, Floating Roof Tank, Other Designs

2) By Type: Crude Oil, Gasoline, Aviation Fuel, Naphtha, Diesel, Kerosene, Liquefied Petroleum Gas (LPG)

3) By Materials: Steel, Carbon Steel, Fiberglass Reinforced Plastic (FRP), Other Materials

The oil storage market size has grown strongly in recent years. It will grow from $9.98 billion in 2023 to $10.5 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to emerging markets growth, a rise in investment for oil and gas exploration in developing countries, and a surge in oil and gas exports.

The oil storage market size is expected to see strong growth in the next few years. It will grow to $13.15 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to government support, rising urbanization, a growing petrochemical industry, and increasing consumption of crude oil products. Major trends in the forecast period include focusing on using the Internet of Things (IoT), increasing investments, and product innovations.

Rising Crude Oil Demand Fuels Growth In The Oil Storage Market

The increase in the demand for crude oil supply is expected to propel the growth of the oil storage market. Oil storage is used for storing crude oil, petroleum, and other oil products that are further supplied to end-users. The increase in demand for crude oil supply is due to an increase in consumption of crude oil products like petroleum, oil, and gas. As the oil consumption grows, it will increase the demand of crude oil supply and there will be a significant need for oil storage. For instance, according to the International Energy Agency (IEA), consumption of natural gas in India is expected to reach 25 billion cubic meters with an annual growth of 9% by 2024, and also, according to the Indian Brand Equity Foundation (IBEF), oil demand in India is expected to grow by 50% by 2030 compared to 7% growth for global demand. Therefore, the increase in the energy of crude oil supply is expected to drive the oil storage market.

Government Backing Propels Growth In The Oil Storage Market

Government support is expected to drive the growth of the oil storage market going forward. The governments of various countries are supporting the oil and gas sector to produce new solutions to better serve the industry. For example, in May 2023, Organization of the Petroleum Exporting Countries (OPEC) producer Iraq awarded a project to a Chinese firm to build its largest crude oil depot for export with a capacity of around 3.2 million barrels. The China Petroleum Pipeline Engineering Company (CPP) will build the storage facility. The facility will comprise seven large storage tankers, including four tankers for heavy crude and four for light crude. Further, in April 2022, India joined other major consumers in releasing 5 million barrels of oil from its strategic petroleum reserves in November to contain inflationary pressures the government was committed to supporting initiatives for releases from strategic petroleum reserves. Therefore, government support will increase the demand for the oil and gas industry thereby increasing the demand for the oil storage market.

Major companies operating in the oil storage market report are NOV Inc., Chemie Tech, Shawcor Ltd., CST Industries, PermianLide (Permian Tank), McDermott International Ltd., Snyder Industries, Toyo Kanetsu KK, Superior Tank Co. Inc., Ishii Iron Works Co Ltd., Oil India Ltd., Reliance Industries Ltd., China National Petroleum Corporation, China National Offshore Oil Corporation, Shaanxi Yanchang Petroleum, Sinochem Group, JAPAN OIL Development Co. Ltd. Minato-Ku, Japan Petroleum Exploration Co. Ltd., Sakhalin Oil and Gas Development Co. Ltd., Japan Organization for Metals and Energy Security, Air Liquide Japan G.K., BPA British Pipelines Agency, CLH Compañía Logística de Hidrocarburos, GPSS Government Pipelines and Storage System, LCC Lissan Coal Company, OPA Oil and Pipelines Agency, PSD Petroleum Storage Depo, Rosneft, Surgutneftegas, Gazprom, LukOil, Transneft, Climbex S.A., VIG Sp. z o.o, ETG Risorse e Tecnologia S.r.l, Balcke-Durr GmbH, Suncor, Canadian Natural, Husky Energy, PDC Energy Inc., Kinetik Holdings Inc., Nustar Energy L.P., Delek US Holdings Inc., Exxon Mobil Corporation, Chevron Argentina SRL, YPF SA, Brooge Energy, Gulf Energy Maritime (GEM), Hansa Tankers, Odfjell Tankers, Petrochem Middle East (PME), Ace Tankers, Engen Petroleum, Vivo Energy, MOL Group, Stolt-Nielsen Limited

Axiom Equipment Group Introduces Innovative Mega Tank Fuel Storage Solutions For Operational Efficiency

Companies in the oil storage market are focusing on product innovations and developing new product solutions to strengthen their position in the market. For example, in September 2022, Axiom Equipment Group, a Canada-based Industrial equipment supplier, launched the Mega tank fuel storage tank with 1000L, 2000L, and 3000L capacity options. Built double-walled with bi-directional forklift pockets and lifting brackets, a removable inner tank, an extra-large compartment area, and the ability to dispense fuel to three pieces of equipment simultaneously, the Mega tank will help reduce the risks of downtime while becoming more cost-efficient operationally.

Nepal Oil Corporation Expands Production Capacities With Multi-Million Dollar Investment In Fuel Storage Infrastructure

Companies operating in the oil storage market are strategically increasing their investments to expand production capacities. For example, in August 2022, Nepal Oil Corporation (NOC), a Nepal-based monopoly state-owned trading enterprise of Nepal that imports, stores, and distributes various petroleum products, announced to building of a fuel storage tank of 8.7 million liters (8,700 kiloliters) in Amlekhgunj. The corporation aims to build infrastructure, including fuel storage with an investment of around Rs 3.15 billion ($0.038) billion.

Energi Asia Strengthens African Presence With Acquisition Of Bulk Terminal Storage Assets From Oil Tanking

In June 2021, Energi Asia, a UAE-based oil and gas infrastructure investment company, acquired the assets of Bulk Terminal Storage from Oil tanking. The acquisition demonstrates Energy’s continued commitment to strengthening its infrastructure in the African region and supporting customers with both conventional and alternative fuel storage needs. Oil Tanking is a Germany-based logistics service provider of tank terminals for petroleum products, chemicals, and gases.

North America was the largest region in the oil storage market in 2023. The regions covered in the oil storage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the oil storage market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The oil storage market consists of sales of atmospheric storage tanks (AST), open-top tanks (OTT), external floating-roof tanks (EFRT), and internal floating-roof tanks (IFRT). The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The oil storage market research report is one of a series of new reports from The Business Research Company that provides oil storage market statistics, including oil storage industry global market size, regional shares, competitors with an oil storage market share, detailed oil storage market segments, market trends and opportunities, and any further data you may need to thrive in the oil storage industry. This oil storage market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Oil Storage Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $10.5 billion
Revenue Forecast In 2033 $13.15 billion
Growth Rate CAGR of 5.8% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Product Design: Open Top Tank, Fixed Roof Tank, Floating Roof Tank, Other Designs
2) By Type: Crude Oil, Gasoline, Aviation Fuel, Naphtha, Diesel, Kerosene, Liquefied Petroleum Gas (LPG)
3) By Materials: Steel, Carbon Steel, Fiberglass Reinforced Plastic (FRP), Other Materials
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled NOV Inc.; Chemie Tech; Shawcor Ltd; CST Industries; PermianLide (Permian Tank); McDermott International Ltd; Snyder Industries; Toyo Kanetsu KK; Superior Tank Co. Inc.; Ishii Iron Works Co Ltd.; Oil India Ltd; Reliance Industries Ltd; China National Petroleum Corporation; China National Offshore Oil Corporation; Shaanxi Yanchang Petroleum; Sinochem Group; JAPAN OIL Development Co. Ltd. Minato-Ku; Japan Petroleum Exploration Co. Ltd; Sakhalin Oil and Gas Development Co. Ltd; Japan Organization for Metals and Energy Security; Air Liquide Japan G.K.; BPA British Pipelines Agency; CLH Compañía Logística de Hidrocarburos; GPSS Government Pipelines and Storage System; LCC Lissan Coal Company; OPA Oil and Pipelines Agency; PSD Petroleum Storage Depo; Rosneft; Surgutneftegas; Gazprom; LukOil; Transneft; Climbex S.A.; VIG Sp. z o.o; ETG Risorse e Tecnologia S.r.l; Balcke-Durr GmbH; Suncor; Canadian Natural; Husky Energy; PDC Energy Inc.; Kinetik Holdings Inc.; Nustar Energy L.P.; Delek US Holdings Inc.; Exxon Mobil Corporation; Chevron Argentina SRL; YPF SA; Brooge Energy; Gulf Energy Maritime (GEM); Hansa Tankers; Odfjell Tankers; Petrochem Middle East (PME); Ace Tankers; Engen Petroleum; Vivo Energy; MOL Group; Stolt-Nielsen Limited
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Oil Storage Market Characteristics

    3. Oil Storage Market Trends And Strategies

    4. Oil Storage Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Oil Storage Market Size and Growth

    5.1. Global Oil Storage Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Oil Storage Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Oil Storage Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Oil Storage Market Segmentation

    6.1. Global Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Crude Oil

    Gasoline

    Aviation Fuel

    Naphtha

    Diesel

    Kerosene

    Liquefied Petroleum Gas (LPG)

    6.2. Global Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Open Top Tank

    Fixed Roof Tank

    Floating Roof Tank

    Other Designs

    6.3. Global Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Steel

    Carbon Steel

    Fiberglass Reinforced Plastic (FRP)

    Other Materials

    7. Oil Storage Market Regional And Country Analysis

    7.1. Global Oil Storage Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Oil Storage Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Oil Storage Market

    8.1. Asia-Pacific Oil Storage Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Oil Storage Market

    9.1. China Oil Storage Market Overview

    9.2. China Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Oil Storage Market

    10.1. India Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Oil Storage Market

    11.1. Japan Oil Storage Market Overview

    11.2. Japan Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Oil Storage Market

    12.1. Australia Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Oil Storage Market

    13.1. Indonesia Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Oil Storage Market

    14.1. South Korea Oil Storage Market Overview

    14.2. South Korea Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Oil Storage Market

    15.1. Western Europe Oil Storage Market Overview

    15.2. Western Europe Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Oil Storage Market

    16.1. UK Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Oil Storage Market

    17.1. Germany Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Oil Storage Market

    18.1. France Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Oil Storage Market

    19.1. Italy Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.1. Italy Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Oil Storage Market

    20.1. Spain Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Oil Storage Market

    21.1. Eastern Europe Oil Storage Market Overview

    21.2. Eastern Europe Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Oil Storage Market

    22.1. Russia Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Oil Storage Market

    23.1. North America Oil Storage Market Overview

    23.2. North America Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Oil Storage Market

    24.1. USA Oil Storage Market Overview

    24.2. USA Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Oil Storage Market

    25.1. Canada Oil Storage Market Overview

    25.2. Canada Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Oil Storage Market

    26.1. South America Oil Storage Market Overview

    26.2. South America Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Oil Storage Market

    27.1. Brazil Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Oil Storage Market

    28.1. Middle East Oil Storage Market Overview

    28.2. Middle East Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Oil Storage Market

    29.1. Africa Oil Storage Market Overview

    29.2. Africa Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Oil Storage Market Competitive Landscape And Company Profiles

    30.1. Oil Storage Market Competitive Landscape

    30.2. Oil Storage Market Company Profiles

    30.2.1. NOV Inc.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Chemie Tech

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Shawcor Ltd

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. CST Industries

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. PermianLide (Permian Tank)

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Oil Storage Market Other Major And Innovative Companies

    31.1. McDermott International Ltd

    31.2. Snyder Industries

    31.3. Toyo Kanetsu KK

    31.4. Superior Tank Co. Inc.

    31.5. Ishii Iron Works Co Ltd.

    31.6. Oil India Ltd

    31.7. Reliance Industries Ltd

    31.8. China National Petroleum Corporation

    31.9. China National Offshore Oil Corporation

    31.10. Shaanxi Yanchang Petroleum

    31.11. Sinochem Group

    31.12. JAPAN OIL Development Co. Ltd. Minato-Ku

    31.13. Japan Petroleum Exploration Co. Ltd

    31.14. Sakhalin Oil and Gas Development Co. Ltd

    31.15. Japan Organization for Metals and Energy Security

    32. Global Oil Storage Market Competitive Benchmarking

    33. Global Oil Storage Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Oil Storage Market

    35. Oil Storage Market Future Outlook and Potential Analysis

    35.1 Oil Storage Market In 2028 - Countries Offering Most New Opportunities

    35.2 Oil Storage Market In 2028 - Segments Offering Most New Opportunities

    35.3 Oil Storage Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Oil Storage Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Oil Storage Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: NOV Inc. Financial Performance
  • Table 75: Chemie Tech Financial Performance
  • Table 76: Shawcor Ltd Financial Performance
  • Table 77: CST Industries Financial Performance
  • Table 78: PermianLide (Permian Tank) Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Oil Storage Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Oil Storage Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Oil Storage Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Oil Storage Market, Segmentation By Product Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Oil Storage Market, Segmentation By Materials, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: NOV Inc. Financial Performance
  • Figure 75: Chemie Tech Financial Performance
  • Figure 76: Shawcor Ltd Financial Performance
  • Figure 77: CST Industries Financial Performance
  • Figure 78: PermianLide (Permian Tank) Financial Performance
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Frequently Asked Questions

What is the definition of the oil storage market?

Oil storage refers to reservoirs or containers used to store oils. The oil storage tank is used to hold oil products temporarily before they are transported to end-users. Oil storage is used by companies to get more profits by using the cheapest storage method called underground spaces like the depleted reservoir. For further insights on the oil storage market, request a sample here

How will the oil storage market drivers and restraints affect the oil storage market dynamics? What forces will shape the oil storage industry going forward?

The oil storage market major growth driver - Rising Crude Oil Demand Fuels Growth In The Oil Storage Market. For further insights on the oil storage market, request a sample here

What is the forecast market size or the forecast market value of the oil storage market?

The oil storage market size has grown strongly in recent years. It will grow from $9.98 billion in 2023 to $10.5 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to emerging markets growth, rise in investment for oil and gas exploration in developing countries, surge in oil and gas exports. The oil storage market size is expected to see strong growth in the next few years. It will grow to $13.15 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to government support, rising urbanization, growing petrochemical industry, increasing consumption of crude oil products. Major trends in the forecast period include focusing on using the internet of things (iot), increasing investments, and product innovations. For further insights on the oil storage market, request a sample here

How is the oil storage market segmented?

The oil storage market is segmented
1) By Product Design: Open Top Tank, Fixed Roof Tank, Floating Roof Tank, Other Designs
2) By Type: Crude Oil, Gasoline, Aviation Fuel, Naphtha, Diesel, Kerosene, Liquefied Petroleum Gas (LPG)
3) By Materials: Steel, Carbon Steel, Fiberglass Reinforced Plastic (FRP), Other MaterialsFor further insights on the oil storage market,
request a sample here

Which region has the largest share of the oil storage market? What are the other regions covered in the report?

North America was the largest region in the oil storage market in 2023. The regions covered in the oil storage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the oil storage market, request a sample here.

Who are the major players in the oil storage market?

Major companies operating in the oil storage market report are NOV Inc., Chemie Tech, Shawcor Ltd, CST Industries, PermianLide (Permian Tank), McDermott International Ltd, Snyder Industries, Toyo Kanetsu KK, Superior Tank Co. Inc., Ishii Iron Works Co Ltd., Oil India Ltd, Reliance Industries Ltd, China National Petroleum Corporation, China National Offshore Oil Corporation, Shaanxi Yanchang Petroleum, Sinochem Group, JAPAN OIL Development Co. Ltd. Minato-Ku, Japan Petroleum Exploration Co. Ltd, Sakhalin Oil and Gas Development Co. Ltd, Japan Organization for Metals and Energy Security, Air Liquide Japan G.K., BPA British Pipelines Agency, CLH Compañía Logística de Hidrocarburos, GPSS Government Pipelines and Storage System, LCC Lissan Coal Company, OPA Oil and Pipelines Agency, PSD Petroleum Storage Depo, Rosneft, Surgutneftegas, Gazprom, LukOil, Transneft, Climbex S.A., VIG Sp. z o.o, ETG Risorse e Tecnologia S.r.l, Balcke-Durr GmbH, Suncor, Canadian Natural, Husky Energy, PDC Energy Inc., Kinetik Holdings Inc., Nustar Energy L.P., Delek US Holdings Inc., Exxon Mobil Corporation, Chevron Argentina SRL, YPF SA, Brooge Energy, Gulf Energy Maritime (GEM), Hansa Tankers, Odfjell Tankers, Petrochem Middle East (PME), Ace Tankers, Engen Petroleum, Vivo Energy, MOL Group, Stolt-Nielsen Limited For further insights on the oil storage market, request a sample here.

What are the key trends in the oil storage market?

Major trend in the oil storage market - Axiom Equipment Group Introduces Innovative Mega Tank Fuel Storage Solutions For Operational Efficiency. For further insights on the oil storage market, request a sample here.

What are the major opportunities in the oil storage market? What are the strategies for the oil storage market?

For detailed insights on the major opportunities and strategies in the oil storage market, request a sample here.

How does the oil storage market relate to the overall economy and other similar markets?

For detailed insights on oil storage market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the oil storage industry?

For detailed insights on the mergers and acquisitions in the oil storage industry, request a sample here.

What are the key dynamics influencing the oil storage market growth? SWOT analysis of the oil storage market.

For detailed insights on the key dynamics influencing the oil storage market growth and SWOT analysis of the oil storage industry, request a sample here.