Oil Storage Service Market, Global Outlook and Forecast
2022-2028
Market
Oil Storage Service Market, Global Outlook and Forecast 2022-2028 Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Oil Storage Service Market, Global Outlook and Forecast 2022-2028 Market Size and Growth
The global oil storage service market is forecasted to experience significant growth from 2022 to 2028 due to increasing demand for oil storage facilities driven by rising oil production and transportation activities. The market size is projected to reach USD 16.5 billion by 2028, with a CAGR of 3.8%. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Alkion Terminals
◍ Buckeye Partners LP
◍ CIM-CCMP
◍ CLH
The oil storage service market is highly competitive with key players such as Alkion Terminals, Buckeye Partners LP, Vopak, and others. These companies provide storage solutions for oil and petroleum products to meet the increasing demand for energy worldwide. They contribute to the growth of the market by offering secure and efficient storage facilities.
◍ Compañia Logistica de Hidrocarburos CLH, S.A.
◍ EAPC
◍ Euro Tank Terminal BV
◍ HES International
◍ Horizon Terminals Limited
◍ Inter Terminals
- Vopak reported sales revenue of $1.6 billion in 2021.
- Oiltanking reported sales revenue of $1.3 billion in 2021.
- Kinder Morgan reported sales revenue of $8.8 billion in 2021.
◍ International-Matex Tank Terminals LLC
◍ Kinder Morgan, Inc.
◍ Koninklijke Vopak N.V.
◍ LBC Tank Terminals
◍ Magellan Midstream Partners LP
◍ Odfjell Group
◍ Oiltanking
◍ Vopak
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Market Segmentation
By Application
◍ Logistics/Hub Function
◍ Trading Platform
◍ Strategic Storage
◍ Others
By Product
◍ Floating Roof Storage Tank
◍ Fixed Roof Storage Tank
◍ Temperature Control Tank
◍ Spherical Tank
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Market Growth
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$ X Billion USD
