Report Description

Global Oil Storage Market, By Type (Open Top, Fixed Roof, Floating Roof & Others), By Reserve (Commercial Reserve Vs Strategic Reserve), By Material (Steel, Carbon Steel ), By Fuel , Competition Forecast & Opportunities, 2013 – 2023

  • Publish Date: NA
  • Format : PDF
  • Pages : 110
  • Industry : Oil and Gas

The global oil storage market is projected to grow at a CAGR of around 3.89%, in volume terms, during 2018-2023. Declining crude prices, high demands for increasing oil storage capacities globally, rising concerns towards energy security, exploration of unconventional resources, government of various countries are focusing towards increasing oil reserves to safeguard national economy during energy crisis are some factors, which are expected to boost the oil storage market globally.


Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2018-2023

Objective of the Study:

  • To analyze and forecast market size of the global oil storage market, in terms of volume.
  • To define, classify and forecast the global oil storage market on the basis of type, reserve, material, fuel and region.
  • To scrutinize the detailed market segmentation and forecast the market size, in terms of volume, on the basis of region by segmenting global oil storage market into five regions, namely, North America, South America, Europe, Asia Pacific and MEA.
  • To identify tailwinds and headwinds for the global oil storage market.
  • To examine competitive developments such as expansions, supply contracts and mergers & acquisitions in the global oil storage market.
  • To strategically profile the leading players, which are involved in the supply of oil storage globally.


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Some of the major players operating in the global oil storage market are:

ZCL Composites, Belco Manufacturing, Containment Solutions, Synalloy Corp., L.F. Manufacturing, Zepnotek Storage, Oiltanking GmbH, Columbian Steel Tank, Sunoco Logistics, Vitol Tank Terminals, Royal Vopak NV, Vitol Tank Terminals etc.

TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of oil storage providers globally. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include manufacturers that could not be identified due to the limitations of secondary research. TechSci Research analysed type, material, fuel, reserve and regional presence of all major oil storage providers across the globe.

TechSci Research calculated the market size for the global oil storage market using a bottom-up approach, where providers’ volume data for different type of (Open Top, Fixed Roof, Floating Roof & Others) oil storage was recorded as well as forecast for the future years was made. TechSci Research sourced these volume from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company annual reports, white papers, investor presentations and financial reports were also used by the TechSci Research.

Key Target Audience:

  • Global oil storage providers
  • Research organizations and consulting companies
  • Organizations, associations and alliances related to oil storage manufacturing
  • Government bodies such as regulating authorities and policy makers.
  • Industry associations
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as oil storage providers, and policy makers, which market segments should be targeted over the coming years (next five years) in order to strategize investments and capitalize on growth of the market.


Report Scope:

In this report, global oil storage market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, by Type:
    • Global Oil Storage Market     
      • Open Top
      •  Fixed Roof
      •  Floating Roof
      • Others
  • Market, by Reserve:
      • Commercial Reserve
      • Strategic Reserve
  • Market, by Material:
      • Steel
      • Carbon Steel
      •  Others
  • Market, by Fuel:
      • Crude Oil
      • Light Distillates
      • Middle Distillates
      •  Others
  • Market, by Geography:
    • North America

§  United States

§  Canada

§  Mexico

§  Rest of North America

    • Europe

§  United Kingdom

§  Germany

§  France

§  Italy

§  Spain

§  Rest of Europe

    • Asia Pacific

§  China

§  Japan

§  South Korea

§  Australia

§  India

§  Rest of APAC

    • South America

§  Brazil

§  Argentina

§  Colombia

§  Rest of South America

    • MEA

§  Saudi Arabia

§  UAE

§  Iran

§  Nigeria

§  Rest of MEA

Competitive Landscape

Competition Benchmarking: Benchmarking of leading players on the basis of type & regional presence.

Company Profiles: Detailed analysis of the major companies present in the global oil storage market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:

Channel Partner Analysis

  • Detailed list of distributors and dealers across the globe.

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Product Information

  • Detailed analysis of new products in the market and their driving forces in the market. 

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