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Oil Storage Market By Type (Crude oil, Gasoline, Aviation fuel, Naphtha, Diesel, Kerosene) By Material (Steel, Carbon Steel By Product Design (Open Top Tank, Fixed Roof Tank, Floating Roof Tank) – Growth, Future Prospects & Competitive Analysis, 2016-2028

Summary
Table Of Content

About this Report

The Global Oil Storage Market report explores the critical analysis of the Oil Storage industry using key parameters. The report consists of investment strategies, the need for investments in the Oil Storage industry, and the multiple benefits for the investors. Importantly, this report sets out major changes in the global technical regulations for the Oil Storage industry, as well as how economic and non-economic barriers are helping the Oil Storage market. Moreover, the report analyses the global, regional, and country-level historic and forecasted market size. The report also provides a comprehensive analysis of key investment propositions, demand and supply gap, competitors positioning, STAR analysis, SRC analysis, and Tornado analysis. Key technological developments and other analyses such as porter’s five forces analysis, PESTEL analysis, value chain analysis, etc.

Key Highlights of the report

How are the major segments performing in the Oil Storage Market?

In 2021, crude oil will be the leading segment. Over the forecast period, increased crude oil storage is anticipated as upstream and midstream demand for the fuel declines and production rises.

In 2021, the carbon steel segment will dominate the market. Since carbon steel is less expensive than stainless steel, it is frequently used to construct oil storage tanks.

In 2021, floating roof tanks will be the leading segment. Floating roof tanks are frequently employed in pumping stations and terminals where crude oil is stabilized at vapor pressures below 11.1 psi.

Which region dominated the Oil Storage Market?

In 2021, North America was one of the major contributors to global oil storage. Because of the region’s increasing need for oil stockpiles, rising shale gas exploration and production operations directly impact global market demand. Furthermore, a significant strategic petroleum reserve in the United States is expected to boost regional market growth even further.

What is the competitive environment of the Oil Storage Market?

The emergence of seasoned and international firms has helped to consolidate the oil storage sector. Industry participants invest in research and development projects to produce technologically improved storage tanks. To protect the economy and preserve national security during an energy crisis, public or private companies provide oil storage services for inventories of crude and petroleum products. Increased rig counts and ongoing investments in O&G field exploration and production will improve the prospects for the industry. For instance, in September 2021, the phase 2 storage facility for Brooge Petroleum and Gas Investment Company (BPGIC), a division of Brooge Energy, began operations in the UAE port of Fujairah. All commissioning and testing requirements have been met where crude oil and clean petroleum products are stored. With the phase 2 operations, BPGIC has increased its storage capacity to about 1 million m3, making it the second-largest operator in the area (6.3 million bbl). Similarly, in July 2021, the acquisition of Antwerp Gas Terminal N.V., one of Europe’s main independent LPG and petrochemical gas terminals, by Oil Tanking strengthened the company’s position as a preeminent global independent gas storage partner.

Executive Summary

How has the decline in global crude oil prices affected the need for oil storage tanks?

Terminals or tanks that store produced or processed oil above or below ground are oil storage facilities. The tanks transfer and process the reservoir through various stages. The type of oil and its characteristics influence the material and structure of tanks. There are several styles of storage tanks, including open-top, fixed roof, floating roof, single skin, double skin, and bunded. The market is driven by falling crude oil prices because, as oil prices fall, more people are expected to store more of it when prices are low, increasing the demand for oil storage. Globally, the average annual price of Brent crude oil increased to USD 70.68 per barrel in 2021, surpassing the average annual price in 2020, when the COVID pandemic’s crippled demand caused an oil emergency. The price of crude oil is the one commodity that is most closely watched since it affects costs across the whole production cycle and consumer pricing.

Which are the key investments by the Oil Storage Industry Market players?

Countries are focusing on expanding their storage capacity to fulfill oil demand in the event of an import disruption or a national emergency due to the necessity for strategic petroleum reserves (SPR). For instance, each member of the European Union is obligated to have a strategic oil reserve sufficient to cover 90 days of typical domestic consumption. As the international oil trade is anticipated to rise, governments are projected to expand their investments in storage terminals during the predicted period. China, the largest consumer of crude oil, increased its daily imports to 10.47 million barrels in November 2021 from 8.9 million barrels per day in October, which was the lowest level since September 2018.

Some of the major players in the market are Energy Transfer Partners, LP (Sunoco Logistics Partners), Synalloy Corporation, Columbian TecTank, Inc., Poly Processing Company, Inc., Red Ewald Inc., and ZCL Composites Inc.

What are the Major Driving Factors for the Oil Storage Market?

The global oil storage market is primarily driven by an ongoing improvement in the energy picture and increased worry over providing crude oil for emergencies. The market is expanding due to rising import-export activity in the petroleum sector. Logistics and transportation are essential tasks in the oil and gas sector. Players in this market can expect prospective income prospects due to technical innovation, investment in the construction of storage facilities, and new pipelines for increasing tank storage capacity.

What are the Major Risks for the Oil Storage Market?

The market for oil storage terminals is significantly constrained by the rising use of renewable energy sources to generate electricity. The significant expense involved in building the terminal and maintaining it while it is in use is another factor limiting market expansion for oil storage terminals. However, strict laws governing oil storage in above- and below-ground tanks are anticipated to hinder the industry’s expansion.

Which is the Key Material in the Oil Storage Market?

In 2021, the carbon steel segment dominated the oil storage market. 90% of the steel produced worldwide is carbon steel. Oil storage tanks are usually carbon steel since they are less expensive than stainless steel. It is more durable than steel and includes up to 2.1% carbon, making it stronger and tougher. Carbon steel tanks can be lined or painted to increase their chemical and water resistance, enabling them to store most liquids and gases. Low-carbon, medium-carbon, and high-carbon steel are the three main divisions of carbon steel. Mild, or low-carbon, steel has a carbon content of 0.05% to 0.15%. As a result, it is highly flexible and simple to roll, weld, and bend into the necessary forms.

How is the Oil Storage Market performing in regions?

In 2021, the global oil storage market was dominated by North America. Increased shale gas production and development activities directly impact the demand for oil storage. The presence of a sizable U.S. strategic petroleum reserve is anticipated to accelerate regional growth significantly. The capacity of Canada’s pipelines and storage facilities has been fully utilized due to the country’s rising petroleum production. To meet the needs of domestic oil producers, new oil storage terminals have been proposed for the nation. Additionally, it is anticipated that market growth will be positively impacted by investment activity in the region. It is projected that the availability of a sizable U.S. strategic petroleum reserve will support regional market expansion even more.

Besides, the Asia Pacific is expected to grow significantly over the forecast period. Growing oil and gas demand from the Asia Pacific area’s main economies, including China and India, and expanding investments in offshore and onshore operations are expected to boost the industry across the region. Energy and oil-based commodity consumption have increased in China and India. Crude oil contributes significantly to these countries’ electricity and energy supplies. South Korea and Singapore are major oil storage hubs in this region.

What is the regulatory landscape for the Insect Cell Culture Market?

Increasing government measures to reduce greenhouse gas emissions and storing oil to protect the national economy during energy crises are among the reasons projected to drive market expansion.

What is the Market Size of Oil Storage regarding value?

The Oil Storage Market is anticipated to grow at a substantial CAGR of 4.10% in the upcoming years. The Global Oil Storage industry was estimated to be worth USD 12739.2 million in 2021 and was expected to be worth USD 16212.37 million by 2028.

What effect does COVID-19 have on the market for Oil Storage?

The new coronavirus has limited market expansion because it has damaged various economies and triggered a lockdown in numerous nations. The closure of industrial producers caused a drop in the demand for fossil fuels in the transportation and aviation industries, which slowed the growth of the oil storage industry. The production processes at both onshore and offshore locations have been put on hold due to the decline in demand for oil and oil-related products. Consequently, the industry shutdown is anticipated to cause construction and upgrade projects for oil storage tank terminals to move forward more quickly.

Segmentation of Global Oil Storage Market-

Global Oil Storage Market – By Type

Crude oil
Gasoline
Aviation fuel
Naphtha
Diesel
Kerosene
Liquefied Petroleum Gas (LPG)

Global Oil Storage Market – By Material

Steel
Carbon Steel
Fiberglass-reinforced Plastic (FRP)

Global Oil Storage Market – By Product Design

Open Top Tank
Fixed Roof Tank
Floating Roof Tank
Others

Global Oil Storage Market – By Region

North America
- S.
- Canada
Europe
- Germany
- France
- K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- South-east Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East and Africa

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Global Oil Storage Market
2.2. Global Oil Storage Market, By Type
2.3. Global Oil Storage Market, By Materials
2.4. Global Oil Storage Market, By Product Design
2.5. Global Oil Storage Market, By Region
3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Oil Storage Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Market Drivers
3.2.3. Market Restraints
3.2.4. Market Opportunities
3.2.5. Major Industry Challenges
3.3. Attractive Investment Proposition,2021
3.3.1. Type
3.3.2. Materials
3.3.3. Product Design
3.3.4. Geography
4. Premium Insights
4.1. STAR (Situation, Task, Action, Results) Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat of New Entrants
4.2.2. Bargaining Power of Buyers/Consumers
4.2.3. Bargaining Power of Suppliers
4.2.4. Threat of Substitute Types
4.2.5. Intensity of Competitive Rivalry
4.3. Value Chain Analysis
4.4. Technology Analysis
4.5. Marketing Strategy Analysis
4.5.1. Direct Marketing
4.5.2. Indirect Marketing
4.5.3. Marketing Channel Development Trend
5. Market Positioning of Key Players, 2021
5.1. Company market share of key players, 2021
5.2. Competitive Benchmarking
5.3. Market Positioning of Key Vendors
5.4. Geographical Presence Analysis
5.5. Major Strategies Adopted by Key Players
5.5.1. Key Strategies Analysis
5.5.2. Mergers and Acquisitions
5.5.3. Partnerships
5.5.4. Product Launch
5.5.5. Geographical Expansion
5.5.6. Others
6. COVID 19 Impact Analysis
6.1. Global Oil Storage Market Pre Vs Post COVID 19, 2019 – 2028
6.2. Impact on Import & Export
6.3. Impact on Demand & Supply
7. Global Internet of Things Market
7.1. Global Oil Storage Market, by Type, 2016-2028(US$ Bn)
7.1.1. Overview
7.1.2. Global Oil Storage Market, By Type, 2021 vs 2028 (in%)
7.1.3. Global Oil Storage Market, By Crude Oil, 2016-2028 (US$ Bn)
7.1.4. Global Oil Storage Market, By Gasoline, 2016-2028 (US$ Bn)
7.1.5. Global Oil Storage Market, By Aviation Fuel, 2016-2028 (US$ Bn)
7.1.6. Global Oil Storage Market, By Naphtha, 2016-2028 (US$ Bn)
7.1.7. Global Oil Storage Market, By Diesel, 2016-2028 (US$ Bn)
7.1.8. Global Oil Storage Market, By Kerosene, 2016-2028 (US$ Bn)
7.1.9. Global Oil Storage Market, By Liquefied Petroleum Gas (LPG), 2016-2028 (US$ Bn)
7.2. Global Oil Storage Market, by Materials, 2016-2028(US$ Bn)
7.2.1. Overview
7.2.2. Global Oil Storage Market, By Materials, 2021 vs 2028 (in%)
7.2.3. Global Oil Storage Market, By Steel, 2016-2028 (US$ Bn)
7.2.4. Global Oil Storage Market, By Carbon Steel, 2016-2028 (US$ Bn)
7.2.5. Global Oil Storage Market, By Fibreglass-Reinforced Plastic (FRP), 2016-2028 (US$ Bn)
7.3. Global Oil Storage Market, by Product Design, 2016-2028(US$ Bn)
7.3.1. Overview
7.3.2. Global Oil Storage Market, By Product Design, 2021 vs 2028 (in%)
7.3.3. Global Oil Storage Market, By Open Top Tank, 2016-2028 (US$ Bn)
7.3.4. Global Oil Storage Market, By Fixed Roof Tank, 2016-2028 (US$ Bn)
7.3.5. Global Oil Storage Market, By Floating Roof Tank, 2016-2028 (US$ Bn)
7.3.6. Global Oil Storage Market, By Others, 2016-2028 (US$ Bn)
8. North America Oil Storage Market Analysis
8.1. North America Oil Storage Market, by Type, 2016-2028(US$ Bn)
8.1.1. Overview
8.1.2. SRC Analysis
8.2. North America Oil Storage Market, by Materials, 2016-2028(US$ Bn)
8.2.1. Overview
8.2.2. SRC Analysis
8.3. North America Oil Storage Market, by Product Design, 2016-2028(US$ Bn)
8.3.1. Overview
8.3.2. SRC Analysis
8.4. North America Oil Storage Market, by Country, 2016-2028 (US$ Bn)
8.4.1. U.S.
8.4.1.1. U.S. Oil Storage Market Estimates and Forecast, 2016-2028 (US$ Bn)
8.4.1.2. U.S. Oil Storage, By Type, 2016-2028 (US$ Bn)
8.4.1.3. U.S. Oil Storage, By Materials, 2016-2028 (US$ Bn)
8.4.1.4. U.S. Oil Storage, By Product Design, 2016-2028 (US$ Bn)
8.4.2. Canada
8.4.2.1. Canada Oil Storage Market Estimates and Forecast, 2016-2028 (US$ Bn)
8.4.2.2. Canada Oil Storage, By Type, 2016-2028 (US$ Bn)
8.4.2.3. Canada Oil Storage, By Materials, 2016-2028 (US$ Bn)
8.4.2.4. Canada Oil Storage, By Product Design, 2016-2028 (US$ Bn)
9. Europe Oil Storage Market Analysis
9.1. Europe Oil Storage Market, by Type, 2016-2028(US$ Bn)
9.1.1. Overview
9.1.2. SRC Analysis
9.2. Europe Oil Storage Market, by Materials, 2016-2028(US$ Bn)
9.2.1. Overview
9.2.2. SRC Analysis
9.3. Europe Oil Storage Market, by Product Design, 2016-2028(US$ Bn)
9.3.1. Overview
9.3.2. SRC Analysis
9.4. Europe Oil Storage Market, by Country, 2016-2028 (US$ Bn)
9.4.1. Germany
9.4.1.1. Germany Oil Storage Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.4.1.2. Germany Oil Storage, By Type, 2016-2028 (US$ Bn)
9.4.1.3. Germany Oil Storage, By Materials, 2016-2028 (US$ Bn)
9.4.1.4. Germany Oil Storage, By Product Design, 2016-2028 (US$ Bn)
9.4.2. France
9.4.2.1. France Oil Storage Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.4.2.2. France Oil Storage, By Type, 2016-2028 (US$ Bn)
9.4.2.3. France Oil Storage, By Materials, 2016-2028 (US$ Bn)
9.4.2.4. France Oil Storage, By Product Design, 2016-2028 (US$ Bn)
9.4.3. UK
9.4.3.1. UK Oil Storage Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.4.3.2. UK Oil Storage, By Type, 2016-2028 (US$ Bn)
9.4.3.3. UK Oil Storage, By Materials, 2016-2028 (US$ Bn)
9.4.3.4. UK Oil Storage, By Product Design, 2016-2028 (US$ Bn)
9.4.4. Italy
9.4.4.1. Italy Oil Storage Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.4.4.2. Italy Oil Storage, By Type, 2016-2028 (US$ Bn)
9.4.4.3. Italy Oil Storage, By Materials, 2016-2028 (US$ Bn)
9.4.4.4. Italy Oil Storage, By Product Design, 2016-2028 (US$ Bn)
9.4.5. Spain
9.4.5.1. Spain Oil Storage Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.4.5.2. Spain Oil Storage, By Type, 2016-2028 (US$ Bn)
9.4.5.3. Spain Oil Storage, By Materials, 2016-2028 (US$ Bn)
9.4.5.4. Spain Oil Storage, By Product Design, 2016-2028 (US$ Bn)
9.4.6. Rest of Europe
9.4.6.1. Rest of Europe Oil Storage Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.4.6.2. Rest of Europe Oil Storage, By Type, 2016-2028 (US$ Bn)
9.4.6.3. Rest of Europe Oil Storage, By Materials, 2016-2028 (US$ Bn)
9.4.6.4. Rest of Europe Oil Storage, By Product Design, 2016-2028 (US$ Bn)
10. Asia Pacific Oil Storage Market Analysis
10.1. Asia Pacific Oil Storage Market, by Type, 2016-2028(US$ Bn)
10.1.1. Overview
10.1.2. SRC Analysis
10.2. Asia Pacific Oil Storage Market, by Materials, 2016-2028(US$ Bn)
10.2.1. Overview
10.2.2. SRC Analysis
10.3. Asia Pacific Oil Storage Market, by Product Design, 2016-2028(US$ Bn)
10.3.1. Overview
10.3.2. SRC Analysis
10.4. Asia Pacific Oil Storage Market, by Country, 2016-2028 (US$ Bn)
10.4.1. China
10.4.1.1. China Oil Storage Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.4.1.2. China Oil Storage, By Type, 2016-2028 (US$ Bn)
10.4.1.3. China Oil Storage, By Materials, 2016-2028 (US$ Bn)
10.4.1.4. China Oil Storage, By Product Design, 2016-2028 (US$ Bn)
10.4.2. Japan
10.4.2.1. Japan Oil Storage Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.4.2.2. Japan Oil Storage, By Type, 2016-2028 (US$ Bn)
10.4.2.3. Japan Oil Storage, By Materials, 2016-2028 (US$ Bn)
10.4.2.4. Japan Oil Storage, By Product Design, 2016-2028 (US$ Bn)
10.4.3. India
10.4.3.1. India Oil Storage Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.4.3.2. India Oil Storage, By Type, 2016-2028 (US$ Bn)
10.4.3.3. India Oil Storage, By Materials, 2016-2028 (US$ Bn)
10.4.3.4. India Oil Storage, By Product Design, 2016-2028 (US$ Bn)
10.4.4. South Korea
10.4.4.1. South Korea Oil Storage Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.4.4.2. South Korea Oil Storage, By Type, 2016-2028 (US$ Bn)
10.4.4.3. South Korea Oil Storage, By Materials, 2016-2028 (US$ Bn)
10.4.4.4. South Korea Oil Storage, By Product Design, 2016-2028 (US$ Bn)
10.4.5. South-East Asia
10.4.5.1. South-East Asia Oil Storage Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.4.5.2. South-East Asia Oil Storage, By Type, 2016-2028 (US$ Bn)
10.4.5.3. South-East Asia Oil Storage, By Materials, 2016-2028 (US$ Bn)
10.4.5.4. South-East Asia Oil Storage, By Product Design, 2016-2028 (US$ Bn)
10.4.6. Rest of Asia Pacific
10.4.6.1. Rest of Asia Pacific Oil Storage Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.4.6.2. Rest of Asia Pacific Oil Storage, By Type, 2016-2028 (US$ Bn)
10.4.6.3. Rest of Asia Pacific Oil Storage, By Materials, 2016-2028 (US$ Bn)
10.4.6.4. Rest of Asia Pacific Oil Storage, By Product Design, 2016-2028 (US$ Bn)

11. Latin America Oil Storage Market Analysis
11.1. Latin America Oil Storage Market, by Type, 2016-2028(US$ Bn)
11.1.1. Overview
11.1.2. SRC Analysis
11.2. Latin America Oil Storage Market, by Materials, 2016-2028(US$ Bn)
11.2.1. Overview
11.2.2. SRC Analysis
11.3. Latin America Oil Storage Market, by Product Design, 2016-2028(US$ Bn)
11.3.1. Overview
11.3.2. SRC Analysis
11.4. Latin America Oil Storage Market, by Country, 2016-2028 (US$ Bn)
11.4.1. Brazil
11.4.1.1. Brazil Oil Storage Market Estimates and Forecast, 2016-2028 (US$ Bn)
11.4.1.2. Brazil Oil Storage, By Type, 2016-2028 (US$ Bn)
11.4.1.3. Brazil Oil Storage, By Materials, 2016-2028 (US$ Bn)
11.4.1.4. Brazil Oil Storage, By Product Design, 2016-2028 (US$ Bn)
11.4.2. Mexico
11.4.2.1. Mexico Oil Storage Market Estimates and Forecast, 2016-2028 (US$ Bn)
11.4.2.2. Mexico Oil Storage, By Type, 2016-2028 (US$ Bn)
11.4.2.3. Mexico Oil Storage, By Materials, 2016-2028 (US$ Bn)
11.4.2.4. Mexico Oil Storage, By Product Design, 2016-2028 (US$ Bn)
11.4.3. Rest of Latin America
11.4.3.1. Rest of Latin America Oil Storage Market Estimates and Forecast, 2016-2028 (US$ Bn)
11.4.3.2. Rest of Latin America Oil Storage, By Type, 2016-2028 (US$ Bn)
11.4.3.3. Rest of Latin America Oil Storage, By Materials, 2016-2028 (US$ Bn)
11.4.3.4. Rest of Latin America Oil Storage, By Product Design, 2016-2028 (US$ Bn)
12. Middle East and Africa Oil Storage Market Analysis
12.1. Middle East and Africa Oil Storage Market, by Type, 2016-2028(US$ Bn)
12.1.1. Overview
12.1.2. SRC Analysis
12.2. Middle East and Africa Oil Storage Market, by Materials, 2016-2028(US$ Bn)
12.2.1. Overview
12.2.2. SRC Analysis
12.3. Middle East and Africa Oil Storage Market, by Product Design, 2016-2028(US$ Bn)
12.3.1. Overview
12.3.2. SRC Analysis
12.4. Middle East and Africa Oil Storage Market, by Country, 2016-2028 (US$ Bn)
12.4.1. GCC Countries
12.4.1.1. GCC Countries il Oil Storage Market Estimates and Forecast, 2016-2028 (US$ Bn)
12.4.1.2. GCC Countries Oil Storage, By Type, 2016-2028 (US$ Bn)
12.4.1.3. GCC Countries Oil Storage, By Materials, 2016-2028 (US$ Bn)
12.4.1.4. GCC Countries Oil Storage, By Product Design, 2016-2028 (US$ Bn)
12.4.2. South Africa
12.4.2.1. South Africa Oil Storage Market Estimates and Forecast, 2016-2028 (US$ Bn)
12.4.2.2. South Africa Oil Storage, By Type, 2016-2028 (US$ Bn)
12.4.2.3. South Africa Oil Storage, By Materials, 2016-2028 (US$ Bn)
12.4.2.4. South Africa Oil Storage, By Product Design, 2016-2028 (US$ Bn)
12.4.3. Rest of Middle East and Africa
12.4.3.1. Rest of Middle East and Africa Oil Storage Market Estimates and Forecast, 2016-2028 (US$ Bn)
12.4.3.2. Rest of Middle East and Africa Oil Storage, By Type, 2016-2028 (US$ Bn)
12.4.3.3. Rest of Middle East and Africa Oil Storage, By Materials, 2016-2028 (US$ Bn)
12.4.3.4. Rest of Middle East and Africa Oil Storage, By Product Design, 2016-2028 (US$ Bn)
13. Company Profiles
13.1. Energy Transfer Partners
13.1.1. Company Overview
13.1.2. Products/Services Portfolio
13.1.3. Geographical Presence
13.1.4. Financial Summary
13.1.4.1. Market Revenue and Net Profit (2019-2021)
13.1.4.2. Business Segment Revenue Analysis
13.1.4.3. Geographical Revenue Analysis
13.2. LP (Sunoco Logistics Partners)
13.3. Synalloy Corporation
13.4. Columbian TecTank, Inc.
13.5. Poly Processing Company, Inc.
13.6. Red Ewald Inc.
13.7. ZCL Composites Inc.

List of Figures

FIG. 1 Global Oil Storage Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Oil Storage Market Segmentation
FIG. 4 Global Oil Storage Market, by Type, 2021 (US$ Bn)
FIG. 5 Global Oil Storage Market, by Materials, 2021 (US$ Bn)
FIG. 6 Global Oil Storage Market, by Product Design, 2021 (US$ Bn)
FIG. 7 Global Oil Storage Market, by Geography, 2021 (US$ Bn)
FIG. 8 Attractive Investment Proposition, by Type, 2021
FIG. 9 Attractive Investment Proposition, by Materials, 2021
FIG. 10 Attractive Investment Proposition, by Product Design, 2021
FIG. 11 Attractive Investment Proposition, by Geography, 2021
FIG. 12 Global Market Share Analysis of Key Oil Storage Market Manufacturers, 2021
FIG. 13 Global Market Positioning of Key Oil Storage Market Manufacturers, 2021
FIG. 14 Global Oil Storage Market Value Contribution, By Type, 2021 & 2028 (Value %)
FIG. 15 Global Oil Storage Market, by Crude Oil, Value, 2016-2028 (US$ Bn)
FIG. 16 Global Oil Storage Market, by Gasoline, Value, 2016-2028 (US$ Bn)
FIG. 17 Global Oil Storage Market, by Aviation Fuel, Value, 2016-2028 (US$ Bn)
FIG. 18 Global Oil Storage Market, by Naphtha, Value, 2016-2028 (US$ Bn)
FIG. 19 Global Oil Storage Market, by Diesel, Value, 2016-2028 (US$ Bn)
FIG. 20 Global Oil Storage Market, by Kerosene, Value, 2016-2028 (US$ Bn)
FIG. 21 Global Oil Storage Market, by Liquefied Petroleum Gas (LPG), Value, 2016-2028 (US$ Bn)
FIG. 22 Global Oil Storage Market Value Contribution, By Materials, 2021 & 2028 (Value %)
FIG. 23 Global Oil Storage Market, by Steel, Value, 2016-2028 (US$ Bn)
FIG. 24 Global Oil Storage Market, by Carbon Steel, Value, 2016-2028 (US$ Bn)
FIG. 25 Global Oil Storage Market, by Fibreglass-Reinforced Plastic (FRP), Value, 2016-2028 (US$ Bn)
FIG. 26 Global Oil Storage Market Value Contribution, By Product Design, 2021 & 2028 (Value %)
FIG. 27 Global Oil Storage Market, by Open Top Tank, Value, 2016-2028 (US$ Bn)
FIG. 28 Global Oil Storage Market, by Fixed Roof Tank, Value, 2016-2028 (US$ Bn)
FIG. 29 Global Oil Storage Market, by Floating Roof Tank, Value, 2016-2028 (US$ Bn)
FIG. 30 Global Oil Storage Market, by Others, Value, 2016-2028 (US$ Bn)
FIG. 31 U.S. Oil Storage Market, 2016-2028 (US$ Bn)
FIG. 32 Canada Oil Storage Market, 2016-2028 (US$ Bn)
FIG. 33 Germany Oil Storage Market, 2016-2028 (US$ Bn)
FIG. 34 France Oil Storage Market, 2016-2028 (US$ Bn)
FIG. 35 U.K. Oil Storage Market, 2016-2028 (US$ Bn)
FIG. 36 Italy Oil Storage Market, 2016-2028 (US$ Bn)
FIG. 37 Spain Oil Storage Market, 2016-2028 (US$ Bn)
FIG. 38 Rest of Europe Oil Storage Market, 2016-2028 (US$ Bn)
FIG. 39 China Oil Storage Market, 2016-2028 (US$ Bn)
FIG. 40 Japan Oil Storage Market, 2016-2028 (US$ Bn)
FIG. 41 India Oil Storage Market, 2016-2028 (US$ Bn)
FIG. 42 South Korea Oil Storage Market, 2016-2028 (US$ Bn)
FIG. 43 Southeast Asia Oil Storage Market, 2016-2028 (US$ Bn)
FIG. 44 Rest of Asia Pacific Oil Storage Market, 2016-2028 (US$ Bn)
FIG. 45 Latin America Oil Storage Market, 2016-2028 (US$ Bn)
FIG. 46 Brazil Oil Storage Market, 2016-2028 (US$ Bn)
FIG. 47 Mexico Oil Storage Market, 2016-2028 (US$ Bn)
FIG. 48 Rest of Latin America Oil Storage Market, 2016-2028 (US$ Bn)
FIG. 49 Middle East & Africa Oil Storage Market, 2016-2028 (US$ Bn)
FIG. 50 GCC Countries Oil Storage Market, 2016-2028 (US$ Bn)
FIG. 51 South Africa Oil Storage Market, 2016-2028 (US$ Bn)
FIG. 52 Rest of Middle East and Africa Oil Storage Market, 2016-2028 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Oil Storage Market
TABLE 2 Global Oil Storage Market, by Competitive Benchmarking, 2021
TABLE 3 Global Oil Storage Market, by Geographical Presence Analysis, 2021
TABLE 4 Global Oil Storage Market, by Key Strategies Analysis, 2021
TABLE 5 Global Oil Storage Market, by Type, 2016-2028 (US$ Bn)
TABLE 6 Global Oil Storage Market, by Materials, 2016-2028 (US$ Bn)
TABLE 7 Global Oil Storage Market, by Product Design, 2016-2028 (US$ Bn)
TABLE 8 Global Oil Storage Market, by Geography, 2016-2028 (US$ Bn)
TABLE 9 North America Oil Storage Market, by Type, 2016-2028 (US$ Bn)
TABLE 10 North America Oil Storage Market, by Materials, 2016-2028 (US$ Bn)
TABLE 11 North America Oil Storage Market, by Product Design, 2016-2028 (US$ Bn)
TABLE 12 North America Oil Storage Market, by Country, 2016-2028 (US$ Bn)
TABLE 13 US Oil Storage Market, by Type, 2016-2028 (US$ Bn)
TABLE 14 US Oil Storage Market, by Materials, 2016-2028 (US$ Bn)
TABLE 15 US Oil Storage Market, by Product Design, 2016-2028 (US$ Bn)
TABLE 16 Canada Oil Storage Market, by Type, 2016-2028 (US$ Bn)
TABLE 17 Canada Oil Storage Market, by Materials, 2016-2028 (US$ Bn)
TABLE 18 Canada Oil Storage Market, by Product Design, 2016-2028 (US$ Bn)
TABLE 19 Europe Oil Storage Market, by Type, 2016-2028 (US$ Bn)
TABLE 20 Europe Oil Storage Market, by Materials, 2016-2028 (US$ Bn)
TABLE 21 Europe Oil Storage Market, by Product Design, 2016-2028 (US$ Bn)
TABLE 22 Europe Oil Storage Market, by Country, 2016-2028 (US$ Bn)
TABLE 23 Germany Oil Storage Market, by Type, 2016-2028 (US$ Bn)
TABLE 24 Germany Oil Storage Market, by Materials, 2016-2028 (US$ Bn)
TABLE 25 Germany Oil Storage Market, by Product Design, 2016-2028 (US$ Bn)
TABLE 26 France Oil Storage Market, by Type, 2016-2028 (US$ Bn)
TABLE 27 France Oil Storage Market, by Materials, 2016-2028 (US$ Bn)
TABLE 28 France Oil Storage Market, by Product Design, 2016-2028 (US$ Bn)
TABLE 29 UK Oil Storage Market, by Type, 2016-2028 (US$ Bn)
TABLE 30 UK Oil Storage Market, by Materials, 2016-2028 (US$ Bn)
TABLE 31 UK Oil Storage Market, by Product Design, 2016-2028 (US$ Bn)
TABLE 32 Italy Oil Storage Market, by Type, 2016-2028 (US$ Bn)
TABLE 33 Italy Oil Storage Market, by Materials, 2016-2028 (US$ Bn)
TABLE 34 Italy Oil Storage Market, by Product Design, 2016-2028 (US$ Bn)
TABLE 35 Spain Oil Storage Market, by Type, 2016-2028 (US$ Bn)
TABLE 36 Spain Oil Storage Market, by Materials, 2016-2028 (US$ Bn)
TABLE 37 Spain Oil Storage Market, by Product Design, 2016-2028 (US$ Bn)
TABLE 38 Rest of Europe Oil Storage Market, by Type, 2016-2028 (US$ Bn)
TABLE 39 Rest of Europe Oil Storage Market, by Materials, 2016-2028 (US$ Bn)
TABLE 40 Rest of Europe Oil Storage Market, by Product Design, 2016-2028 (US$ Bn)
TABLE 41 Asia Pacific Oil Storage Market, by Type, 2016-2028 (US$ Bn)
TABLE 42 Asia Pacific Oil Storage Market, by Materials, 2016-2028 (US$ Bn)
TABLE 43 Asia Pacific Oil Storage Market, by Product Design, 2016-2028 (US$ Bn)
TABLE 44 Asia Pacific Oil Storage Market, by Country, 2016-2028 (US$ Bn)
TABLE 45 China Oil Storage Market, by Type, 2016-2028 (US$ Bn)
TABLE 46 China Oil Storage Market, by Materials, 2016-2028 (US$ Bn)
TABLE 47 China Oil Storage Market, by Product Design, 2016-2028 (US$ Bn)
TABLE 48 Japan Oil Storage Market, by Type, 2016-2028 (US$ Bn)
TABLE 49 Japan Oil Storage Market, by Materials, 2016-2028 (US$ Bn)
TABLE 50 Japan Oil Storage Market, by Product Design, 2016-2028 (US$ Bn)
TABLE 51 India Oil Storage Market, by Type, 2016-2028 (US$ Bn)
TABLE 52 India Oil Storage Market, by Materials, 2016-2028 (US$ Bn)
TABLE 53 India Oil Storage Market, by Product Design, 2016-2028 (US$ Bn)
TABLE 54 South Korea Oil Storage Market, by Type, 2016-2028 (US$ Bn)
TABLE 55 South Korea Oil Storage Market, by Materials, 2016-2028 (US$ Bn)
TABLE 56 South Korea Oil Storage Market, by Product Design, 2016-2028 (US$ Bn)
TABLE 57 South East Asia Oil Storage Market, by Type, 2016-2028 (US$ Bn)
TABLE 58 South East Asia Oil Storage Market, by Materials, 2016-2028 (US$ Bn)
TABLE 59 South East Asia Oil Storage Market, by Product Design, 2016-2028 (US$ Bn)
TABLE 60 Rest of Asia Pacific Oil Storage Market, by Type, 2016-2028 (US$ Bn)
TABLE 61 Rest of Asia Pacific Oil Storage Market, by Materials, 2016-2028 (US$ Bn)
TABLE 62 Rest of Asia Pacific Oil Storage Market, by Product Design, 2016-2028 (US$ Bn)
TABLE 63 Latin America Oil Storage Market, by Type, 2016-2028 (US$ Bn)
TABLE 64 Latin America Oil Storage Market, by Materials, 2016-2028 (US$ Bn)
TABLE 65 Latin America Oil Storage Market, by Product Design, 2016-2028 (US$ Bn)
TABLE 66 Latin America Oil Storage Market, by Country, 2016-2028 (US$ Bn)
TABLE 67 Brazil Oil Storage Market, by Type, 2016-2028 (US$ Bn)
TABLE 68 Brazil Oil Storage Market, by Materials, 2016-2028 (US$ Bn)
TABLE 69 Brazil Oil Storage Market, by Product Design, 2016-2028 (US$ Bn)
TABLE 70 Mexico Oil Storage Market, by Type, 2016-2028 (US$ Bn)
TABLE 71 Mexico Oil Storage Market, by Materials, 2016-2028 (US$ Bn)
TABLE 72 Mexico Oil Storage Market, by Product Design, 2016-2028 (US$ Bn)
TABLE 73 Rest of Latin America Oil Storage Market, by Type, 2016-2028 (US$ Bn)
TABLE 74 Rest of Latin America Oil Storage Market, by Materials, 2016-2028 (US$ Bn)
TABLE 75 Rest of Latin America Oil Storage Market, by Product Design, 2016-2028 (US$ Bn)
TABLE 76 Middle East and Africa Oil Storage Market, by Type, 2016-2028 (US$ Bn)
TABLE 77 Middle East and Africa Oil Storage Market, by Materials, 2016-2028 (US$ Bn)
TABLE 78 Middle East and Africa Oil Storage Market, by Product Design, 2016-2028 (US$ Bn)
TABLE 79 Middle East and Africa Oil Storage Market, by Country, 2016-2028 (US$ Bn)
TABLE 80 GCC Countries Oil Storage Market, by Type, 2016-2028 (US$ Bn)
TABLE 81 GCC Countries Oil Storage Market, by Materials, 2016-2028 (US$ Bn)
TABLE 82 GCC Countries Oil Storage Market, by Product Design, 2016-2028 (US$ Bn)
TABLE 83 South Africa Oil Storage Market, by Type, 2016-2028 (US$ Bn)
TABLE 84 South Africa Oil Storage Market, by Materials, 2016-2028 (US$ Bn)
TABLE 85 South Africa Oil Storage Market, by Product Design, 2016-2028 (US$ Bn)
TABLE 86 Rest of Middle East and Africa Oil Storage Market, by Type, 2016-2028 (US$ Bn)
TABLE 87 Rest of Middle East and Africa Oil Storage Market, by Materials, 2016-2028 (US$ Bn)
TABLE 88 Rest of Middle East and Africa Oil Storage Market, by Product Design, 2016-2028 (US$ Bn)

Frequently Asked Questions:

How does COVID-19 Impact the global Oil Storage market?

COVID-19 is expected to affect the global Oil Storage market negatively.

Which is the leading market for Oil Storage?

North America accounted for the highest global oil storage market share.

What are the key drivers for the growth of the Oil Storage market?

The global oil storage market is primarily driven by an ongoing improvement in the energy picture and increased worry over the provision of crude oil for emergencies.

Which major equipment type segment in Oil Storage Market?

The crude oil segment had a major share in 2021, with more than 30% of the market revenue share.

Which major material segment in Oil Storage Market?

The carbon steel segment had a major share in 2021, with more than 40% of the market revenue share.

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