Picture
SEARCH
What are you looking for?
Need help finding what you are looking for? Contact Us
Compare

PUBLISHER: Grand View Research | PRODUCT CODE: 1611668

Cover Image

PUBLISHER: Grand View Research | PRODUCT CODE: 1611668

Oil Storage Market Size & Trends Analysis Report By Application (Crude Oil, Gasoline), By Product (Open Top, Fixed Roof, Floating Roof), By Region, And Segment Forecasts, 2025 - 2030

PUBLISHED:
PAGES: 110 Pages
DELIVERY TIME: 2-10 business days
SELECT AN OPTION
Unprintable PDF (Single User License)
USD 4950
Printable PDF (5-User License)
USD 5950
Printable PDF (Enterprise License)
USD 7950

Add to Cart

Oil Storage Market Growth & Trends:

The global oil storage market volume is expected to reach 2919.8 MCM in 2030 and is projected to grow at a CAGR of 4.8% from 2025 to 2030. A rise in oil & gas production along with the growing demand for crude oil in several end-use markets is likely to drive the market growth over the forecast period. A fixed roof oil storage tank is the most commonly used tank in North America for storage purposes of petroleum products and crude oil. These tanks are easy to construct and an economical option in comparison to the other tank designs. The floating roof tank is likely to witness the fastest growth rate over the forecast period due to fabrication developments and can be used in combination with the fixed roof oil storage tanks. Strategic Petroleum Reserve (SPR) is an emergency storage reserve.

To ensure energy security coupled with the increasing population and demand for petroleum products, several countries are actively involved in developing strategic petroleum reserves. Oil production has witnessed significant growth along with the rising downstream potential. This has urged the government and the oil companies to upgrade their inventories and infrastructure to store large quantities of crude oil and other petroleum products, which are anticipated to increase the SPR facilities. North America is a major oil-producing and consuming region in the world, with the U.S. accounting for a significant share. Oil storage in Canada and the U.S. has evolved rapidly to accommodate the increased output of crude oil and related products.

Oil Storage Market Report Highlights:

  • In terms of volume, the crude oil segment of oil storage accounted for a prominent share in the market in 2024 and is further expected to witness steady growth over the forecast period
  • The Asia Pacific oil storage market is anticipated to grow at a CAGR of 5.8% over the forecast period. On account of high demand for petroleum and distillates in the commercial and industrial sectors
  • The oil industry in North America is significantly formed by the geopolitical implications of its countries and the world. The U.S. is a major contributing nation to the oil economy of this region. Interconnections of the U.S. with the world are a key strategy for its energy security
  • Major industry participants are practicing several organic and inorganic strategic growth initiatives to expand their service portfolio and enhance their foothold in the market
Product Code: GVR-1-68038-132-0

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1. Market Segmentation & Scope
  • 1.2. Market Definition
  • 1.3. Information Procurement
    • 1.3.1. Purchased Database
    • 1.3.2. GVR's Internal Database
    • 1.3.3. Secondary Sources
    • 1.3.4. Third-Party Perspectives
    • 1.3.5. Primary Research
  • 1.4. Information Analysis
    • 1.4.1. Data Analysis Models
  • 1.5. Market Formulation & Data Visualization
  • 1.6. Data Validation & Publishing

Chapter 2. Executive Summary

  • 2.1. Market Outlook
  • 2.2. Segmental Outlook
  • 2.3. Competitive Insights

Chapter 3. Oil Storage Market Variables, Trends & Scope

  • 3.1. Parent Market Outlook
  • 3.2. Oil Storage Market - Value Chain Analysis
    • 3.2.1. Manufacturing Trends
    • 3.2.2. Sales Channel Analysis
  • 3.3. Technology Overview
  • 3.4. Regulatory Framework
    • 3.4.1. Analyst Perspective
  • 3.5. Oil Storage Market - Market Dynamics
    • 3.5.1. Market Driver Analysis
    • 3.5.2. Market Restraint Analysis
    • 3.5.3. Market Opportunity Analysis
    • 3.5.4. Industry Challenges
    • 3.5.5. Industry Analysis - Porter's
      • 3.5.5.1. Threat from New Entrant
      • 3.5.5.2. Bargaining Power of Buyers
      • 3.5.5.3. Competitive Rivalry
      • 3.5.5.4. Threat of Substitutes
      • 3.5.5.5. Bargaining Power of Suppliers
      • 3.5.5.6. Substitute Material Analysis
    • 3.5.6. PESTEL Analysis by SWOT
      • 3.5.6.1. Political Landscape
      • 3.5.6.2. Environmental Landscape
      • 3.5.6.3. Social Landscape
      • 3.5.6.4. Technology Landscape
      • 3.5.6.5. Economic Landscape
      • 3.5.6.6. Legal Landscape
      • 3.5.6.7. Market Disruption Analysis

Chapter 4. Oil Storage Market: Application Estimates & Trend Analysis

  • 4.1. Key Takeaways
  • 4.2. Application Market Share Analysis, 2024 & 2030
  • 4.3. Oil Storage Market Estimates & Forecast, By Application, (Volume, Million Cubic Meters), 2016 - 2030
  • 4.4. Crude Oil
  • 4.5. Middle Distillates
  • 4.6. Gasoline
  • 4.7. Aviation fuel
  • 4.8. Others

Chapter 5. Oil Storage Market: Product Estimates & Trend Analysis

  • 5.1. Key Takeaways
  • 5.2. Product Market Share Analysis, 2024 & 2030
  • 5.3. Oil Storage Market Estimates & Forecast, By Product, (Volume, Million Cubic Meters), 2016 - 2030
  • 5.4. Open Top
  • 5.5. Fixed Roof
  • 5.6. Floating Roof
  • 5.7. Others

Chapter 6. Oil Storage Market: Regional Estimates & Trend Analysis

  • 6.1. Oil Storage Market: Regional Outlook
  • 6.2. North America
    • 6.2.1. North America oil storage market estimates and forecasts, 2018 - 2030 (Volume, Million Cubic Meters)
    • 6.2.2. U.S.
      • 6.2.2.1. U.S. oil storage market estimates and forecasts, 2018 - 2030 (Volume, Million Cubic Meters)
    • 6.2.3. Canada
      • 6.2.3.1. Canada oil storage market estimates and forecasts, 2018 - 2030 (Volume, Million Cubic Meters)
    • 6.2.4. Mexico
      • 6.2.4.1. Mexico oil storage market estimates and forecasts, 2018 - 2030 (Volume, Million Cubic Meters)
  • 6.3. Europe
    • 6.3.1. Europe oil storage market estimates and forecasts, 2018 - 2030 (Volume, Million Cubic Meters)
    • 6.3.2. Germany
      • 6.3.2.1. Germany oil storage market estimates and forecasts, 2018 - 2030 (Volume, Million Cubic Meters)
    • 6.3.3. Russia
      • 6.3.3.1. Russia oil storage market estimates and forecasts, 2018 - 2030 (Volume, Million Cubic Meters)
    • 6.3.4. Netherlands
      • 6.3.4.1. Netherlands oil storage market estimates and forecasts, 2018 - 2030 (Volume, Million Cubic Meters)
    • 6.3.5. Belgium
      • 6.3.5.1. Belgium oil storage market estimates and forecasts, 2018 - 2030 (Volume, Million Cubic Meters)
  • 6.4. Asia Pacific
    • 6.4.1. Asia Pacific oil storage market estimates and forecasts, 2018 - 2030 (Volume, Million Cubic Meters)
    • 6.4.2. China
      • 6.4.2.1. China oil storage market estimates and forecasts, 2018 - 2030 (Volume, Million Cubic Meters)
    • 6.4.3. Indonesia
      • 6.4.3.1. Indonesia oil storage market estimates and forecasts, 2018 - 2030 (Volume, Million Cubic Meters)
    • 6.4.4. Malaysia
      • 6.4.4.1. Malaysia oil storage market estimates and forecasts, 2018 - 2030 (Volume, Million Cubic Meters)
    • 6.4.5. Australia
      • 6.4.5.1. Australia oil storage market estimates and forecasts, 2018 - 2030 (Volume, Million Cubic Meters)
  • 6.5. Central & South America
    • 6.5.1. Central & South America oil storage market estimates and forecasts, 2018 - 2030 (Volume, Million Cubic Meters)
    • 6.5.2. Brazil
      • 6.5.2.1. Brazil oil storage market estimates and forecasts, 2018 - 2030 (Volume, Million Cubic Meters)
    • 6.5.3. Argentina
      • 6.5.3.1. Argentina oil storage market estimates and forecasts, 2018 - 2030 (Volume, Million Cubic Meters)
  • 6.6. Middle East & Africa
    • 6.6.1. Middle East & Africa oil storage market estimates and forecasts, 2018 - 2030 (Volume, Million Cubic Meters)
    • 6.6.2. Saudi Arabia
      • 6.6.2.1. Saudi Arabia oil storage market estimates and forecasts, 2018 - 2030 (Volume, Million Cubic Meters)
    • 6.6.3. UAE
      • 6.6.3.1. UAE oil storage market estimates and forecasts, 2018 - 2030 (Volume, Million Cubic Meters)

Chapter 7. Competitive Landscape

  • 7.1. Recent developments & impact analysis, by key market participants
  • 7.2. Vendor Landscape
  • 7.3. Competition Categorization
  • 7.4. Strategy Mapping
  • 7.5. Company Listing
    • 7.5.1. Vitol Tank Terminals International BV (VTTI)
      • 7.5.1.1. Company overview
      • 7.5.1.2. Financial performance
      • 7.5.1.3. Material benchmarking
      • 7.5.1.4. Strategic initiatives
    • 7.5.2. Koninklijke Vopak NV
      • 7.5.2.1. Company overview
      • 7.5.2.2. Financial performance
      • 7.5.2.3. Material benchmarking
      • 7.5.2.4. Strategic initiatives
    • 7.5.3. Oiltanking GmbH
      • 7.5.3.1. Company overview
      • 7.5.3.2. Financial performance
      • 7.5.3.3. Material benchmarking
      • 7.5.3.4. Strategic initiatives
    • 7.5.4. Shawcor Ltd.
      • 7.5.4.1. Company overview
      • 7.5.4.2. Financial performance
      • 7.5.4.3. Material benchmarking
      • 7.5.4.4. Strategic initiatives
    • 7.5.5. Buckeye Partners, L.P.
      • 7.5.5.1. Company overview
      • 7.5.5.2. Financial performance
      • 7.5.5.3. Material benchmarking
      • 7.5.5.4. Strategic initiatives
    • 7.5.6. Containment Solutions, Inc.
      • 7.5.6.1. Company overview
      • 7.5.6.2. Financial performance
      • 7.5.6.3. Material benchmarking
      • 7.5.6.4. Strategic initiatives
    • 7.5.7. ZCL Composites
      • 7.5.7.1. Company overview
      • 7.5.7.2. Financial performance
      • 7.5.7.3. Material benchmarking
      • 7.5.7.4. Strategic initiatives
    • 7.5.8. Belco Manufacturing
      • 7.5.8.1. Company overview
      • 7.5.8.2. Financial performance
      • 7.5.8.3. Material benchmarking
      • 7.5.8.4. Strategic initiatives
    • 7.5.9. Zepnotek Storage
      • 7.5.9.1. Company overview
      • 7.5.9.2. Financial performance
      • 7.5.9.3. Material benchmarking
      • 7.5.9.4. Strategic initiatives
    • 7.5.10. Columbian Steel Tank
      • 7.5.10.1. Company overview
      • 7.5.10.2. Financial performance
      • 7.5.10.3. Material benchmarking
      • 7.5.10.4. Strategic initiatives
Product Code: GVR-1-68038-132-0

List of Tables

  • 1. Global Oil storage market estimates and forecast, 2018 - 2030 (Million cubic meters)
  • 2. Global Oil storage market estimates and forecast, by Product, 2018 - 2030 (Million cubic meters)
  • 3. Global Oil storage market estimates and forecast, by Application, 2018 - 2030 (Million cubic meters)
  • 4. North America Oil storage market estimates and forecast, 2018 - 2030 (Million cubic meters)
  • 5. North America Oil storage market estimates and forecast, by Product, 2018 - 2030 (Million cubic meters)
  • 6. North America Oil storage market estimates and forecast, by Application, 2018 - 2030 (Million cubic meters)
  • 7. U.S. Oil storage market estimates and forecast, 2018 - 2030 (Million cubic meters)
  • 8. U.S. Oil storage market estimates and forecast, by Product, 2018 - 2030 (Million cubic meters)
  • 9. U.S. Oil storage market estimates and forecast, by Application, 2018 - 2030 (Million cubic meters)
  • 10. Canada Oil storage market estimates and forecast, 2018 - 2030 (Million cubic meters)
  • 11. Canada Oil storage market estimates and forecast, by Product, 2018 - 2030 (Million cubic meters)
  • 12. Canada Oil storage market estimates and forecast, by Application, 2018 - 2030 (Million cubic meters)
  • 13. Mexico Oil storage market estimates and forecast, 2018 - 2030 (Million cubic meters)
  • 14. Mexico Oil storage market estimates and forecast, by Product, 2018 - 2030 (Million cubic meters)
  • 15. Mexico Oil storage market estimates and forecast, by Application, 2018 - 2030 (Million cubic meters)
  • 16. Europe Oil storage market estimates and forecast, 2018 - 2030 (Million cubic meters)
  • 17. Europe Oil storage market estimates and forecast, by Product, 2018 - 2030 (Million cubic meters)
  • 18. Europe Oil storage market estimates and forecast, by Application, 2018 - 2030 (Million cubic meters)
  • 19. Germany Oil storage market estimates and forecast, 2018 - 2030 (Million cubic meters)
  • 20. Germany Oil storage market estimates and forecast, by Product, 2018 - 2030 (Million cubic meters)
  • 21. Germany Oil storage market estimates and forecast, by Application, 2018 - 2030 (Million cubic meters)
  • 22. Russia Oil storage market estimates and forecast, 2018 - 2030 (Million cubic meters)
  • 23. Russia Oil storage market estimates and forecast, by Product, 2018 - 2030 (Million cubic meters)
  • 24. Russia Oil storage market estimates and forecast, by Application, 2018 - 2030 (Million cubic meters)
  • 25. Netherlands Oil storage market estimates and forecast, 2018 - 2030 (Million cubic meters)
  • 26. Netherlands Oil storage market estimates and forecast, by Product, 2018 - 2030 (Million cubic meters)
  • 27. Netherlands Oil storage market estimates and forecast, by Application, 2018 - 2030 (Million cubic meters)
  • 28. Belgium Oil storage market estimates and forecast, 2018 - 2030 (Million cubic meters)
  • 29. Belgium Oil storage market estimates and forecast, by Product, 2018 - 2030 (Million cubic meters)
  • 30. Belgium Oil storage market estimates and forecast, by Application, 2018 - 2030 (Million cubic meters)
  • 31. Asia Pacific Oil storage market estimates and forecast, 2018 - 2030 (Million cubic meters)
  • 32. Asia Pacific Oil storage market estimates and forecast, by Product, 2018 - 2030 (Million cubic meters)
  • 33. Asia Pacific Oil storage market estimates and forecast, by Application, 2018 - 2030 (Million cubic meters)
  • 34. China Oil storage market estimates and forecast, 2018 - 2030 (Million cubic meters)
  • 35. China Oil storage market estimates and forecast, by Product, 2018 - 2030 (Million cubic meters)
  • 36. China Oil storage market estimates and forecast, by Application, 2018 - 2030 (Million cubic meters)
  • 37. Indonesia Oil storage market estimates and forecast, 2018 - 2030 (Million cubic meters)
  • 38. Indonesia Oil storage market estimates and forecast, by Product, 2018 - 2030 (Million cubic meters)
  • 39. Indonesia Oil storage market estimates and forecast, by Application, 2018 - 2030 (Million cubic meters)
  • 40. Malaysia Oil storage market estimates and forecast, 2018 - 2030 (Million cubic meters)
  • 41. Malaysia Oil storage market estimates and forecast, by Product, 2018 - 2030 (Million cubic meters)
  • 42. Malaysia Oil storage market estimates and forecast, by Application, 2018 - 2030 (Million cubic meters)
  • 43. Australia Oil storage market estimates and forecast, 2018 - 2030 (Million cubic meters)
  • 44. Australia Oil storage market estimates and forecast, by Product, 2018 - 2030 (Million cubic meters)
  • 45. Australia Oil storage market estimates and forecast, by Application, 2018 - 2030 (Million cubic meters)
  • 46. Central & South America Oil storage market estimates and forecast, 2018 - 2030 (Million cubic meters)
  • 47. Central & South America Oil storage market estimates and forecast, by Product, 2018 - 2030 (Million cubic meters)
  • 48. Central & South America Oil storage market estimates and forecast, by Application, 2018 - 2030 (Million cubic meters)
  • 49. Brazil Oil storage market estimates and forecast, 2018 - 2030 (Million cubic meters)
  • 50. Brazil Oil storage market estimates and forecast, by Product, 2018 - 2030 (Million cubic meters)
  • 51. Brazil Oil storage market estimates and forecast, by Application, 2018 - 2030 (Million cubic meters)
  • 52. Argentina Oil storage market estimates and forecast, 2018 - 2030 (Million cubic meters)
  • 53. Argentina Oil storage market estimates and forecast, by Product, 2018 - 2030 (Million cubic meters)
  • 54. Argentina Oil storage market estimates and forecast, by Application, 2018 - 2030 (Million cubic meters)
  • 55. Middle East & Africa Oil storage market estimates and forecast, 2018 - 2030 (Million cubic meters)
  • 56. Middle East & Africa Oil storage market estimates and forecast, by Product, 2018 - 2030 (Million cubic meters)
  • 57. Middle East & Africa Oil storage market estimates and forecast, by Application, 2018 - 2030 (Million cubic meters)
  • 58. Saudi Arabia Oil storage market estimates and forecast, 2018 - 2030 (Million cubic meters)
  • 59. Saudi Arabia Oil storage market estimates and forecast, by Product, 2018 - 2030 (Million cubic meters)
  • 60. Saudi Arabia Oil storage market estimates and forecast, by Application, 2018 - 2030 (Million cubic meters)
  • 61. UAE Oil storage market estimates and forecast, 2018 - 2030 (Million cubic meters)
  • 62. UAE Oil storage market estimates and forecast, by Product, 2018 - 2030 (Million cubic meters)
  • 63. UAE Oil storage market estimates and forecast, by Application, 2018 - 2030 (Million cubic meters)

List of Figures

  • 1. Market segmentation & scope
  • 2. Penetration & growth prospects
  • 3. Oil storage value chain analysis
  • 4. Oil storage market dynamics
  • 5. Marker driver impact analysis
  • 6. Market restraint impact analysis
  • 7. PORTER'S analysis: Oil storage market
  • 8. PESTEL Analysis: Oil storage market
  • 9. Oil storage market: Application movement analysis, 2024 & 2030
  • 10. Oil storage market: Product movement analysis, 2024 & 2030
  • 11. Oil storage market: Regional movement analysis, 2024 & 2030
  • 12. Oil storage market: Company market share analysis, 2024
  • 13. Oil storage market: Strategic framework
Have a question?
Picture

Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

Picture

Christine Sirois

Manager - Americas

+1-860-674-8796

Questions? Please give us a call or visit the contact form.
Hi, how can we help?
Contact us!