BusinessIndustry

Oil and Gas Storage Service Market: Global Industry Top Key Players: Vopak, Vitol Group, Amec Foster Wheeler, TechnipFMC, Magellan Midstream Partners and Oiltanking GmbH

According to ResearchForMarkets, the global industry report contains information for historic year 2015, the base year of calculation is 2016 and the forecast period is 2018 to 2025. The report analyzes and presents an overview of ‘Global Oil and Gas Storage Service Market Size, Status and Forecast 2018-2025′ is a professional analysis, drivers, constraints, opportunities, threats, challenges, investment opportunities, and recommendations and in-depth research & with a focus on the current state of the global industry.

Oil and Gas Storage Service Market report provide a comprehensive research based study of the market along with the dominated players, market share, forecast data, in-depth analysis, and detailed overview of the oil and gas storage service industry with respect to global market. The market report further emphasizes on driver and restraint factors in the global and regional level. For complete understanding, the market also provides market segmentation, drivers, restrains and regional market analysis in country level market.

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The global Oil and Gas Storage Service market is highly fragmented and the top key players have used various strategies such as new product launches, sales, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of oil and gas storage service market for global, United States, Europe, China, Japan and Other Regions.

This report focuses on the top manufacturers’ Oil and Gas Storage Service capacity, production, value, and price and market share in global market. The following manufacturers are covered in this report:

  • Royal Vopak
  • Oiltanking
  • Magellan Midstream Partners
  • Buckeye Partners
  • Vitol
  • Blueknight Energy Partners
  • CIM-CCMP Group
  • CLH Group
  • Dailan Port Company
  • Horizon Terminals
  • International-Matex Tank Terminals
  • Amec Foster Wheeler
  • TechnipFMC

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Oil and gas storage refers to the mechanisms employed for the safe storage of both unrefined and refined products including gas oil, gasoline, aviation fuel, naphtha, diesel, kerosene, liquefied natural gas and liquefied petroleum gas. Oil and gas storage service providers are a crucial logistic midway link between the upstream (production and exploration) and downstream (marketing and refining) segments of the oil and gas industry.

One of the major trends that will gain traction in the forecast period is the shift in focus toward independent oil and gas storage service companies. This will mainly attribute to the high profit margin. Independent storage companies do not store oil only for customers but also store oil for trading as well. With the expected increase in crude oil prices in the coming years, this will help independent storage companies significantly increase their profit margins.

Market segment by Type, the product can be split into

  • Ground Storage
  • Water Storage
  • Other

Market segment by Application, split into

  • Power Plants
  • Oil Factory
  • Chemical Plant
  • Other

The study objectives are:

To analyze and research the global Oil and Gas Storage Service capacity, production, value, consumption, status and forecast;

To focus on the key Oil and Gas Storage Service manufacturers and study the capacity, production, value, market share and development plans in next few years.

To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.

To define, describe and forecast the market by type, application and region.

To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

To identify significant trends and factors driving or inhibiting the market growth.

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