Global Oil and Gas Storage Service Market 2023-2027

Description

List of Tables

The oil and gas storage service market is forecasted to grow by USD 4,184.14 mn during 2022-2027, accelerating at a CAGR of 5.56% during the forecast period. The report on the oil and gas storage service market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an increase in global oil and gas demand, rising use of natural gas in power generation, and increased investments in oil and gas pipeline projects.

Technavio's oil and gas storage service market is segmented as below:

Market Scope
Base Year	2022
End Year	2027
Series Year	2023-2027
Growth Momentum	Accelerate
YOY 2023	4.75%
CAGR	5.56%
Incremental Value	$4184.14mn

By Application

Power plants
Oil refineries
Chemical plants
LNG storage facilities

By Service

Storage services
Ancillary services

By Geographical Landscape

North America
Middle East and Africa
APAC
Europe
South America

This study identifies the emergence of solidification technology for natural gas storage as one of the prime reasons driving the oil and gas storage service market growth during the next few years. Also, growing adoption of alternative fuels in marine bunkering and increasing adoption of digital technologies to optimize oil and gas storage operations will lead to sizable demand in the market.

The report on the oil and gas storage service market covers the following areas:

Oil and gas storage service market sizing
Oil and gas storage service market forecast
Oil and gas storage service market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading oil and gas storage service market vendors that include Burns and McDonnell, Emirates National Oil Co. Ltd. LLC., Enbridge Inc., Exolum Corp. S.A., Fluor Corp., IMTT, Kinder Morgan Inc., Koninklijke Vopak NV, LBC Tank Terminals, Marquard and Bahls AG, McDermott International Ltd., NOV Inc., NuStar Energy L.P., Odfjell SE, Plains All American Pipeline L.P., Energy Transfer LP, Brooge Energy Ltd., Buckeye Partners LP, Compagnie Industrielle Maritime, and Magellan Midstream Partners L.P.. Also, the oil and gas storage service market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR45426

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Service
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global oil and gas storage service market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on global oil and gas storage service market 2017 - 2021 ($ million)
4.2 Application Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Application Segment 2017 - 2021 ($ million)
4.3 Service Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Service Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

6.1 Market segments
Exhibit 30: Chart on Application - Market share 2022-2027 (%)
Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Power plants - Market size and forecast 2022-2027
Exhibit 34: Chart on Power plants - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Power plants - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Power plants - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Power plants - Year-over-year growth 2022-2027 (%)
6.4 Oil refineries - Market size and forecast 2022-2027
Exhibit 38: Chart on Oil refineries - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Oil refineries - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Oil refineries - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Oil refineries - Year-over-year growth 2022-2027 (%)
6.5 Chemical plants - Market size and forecast 2022-2027
Exhibit 42: Chart on Chemical plants - Market size and forecast 2022-2027 ($ million)
Exhibit 43: Data Table on Chemical plants - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Chart on Chemical plants - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Chemical plants - Year-over-year growth 2022-2027 (%)
6.6 LNG storage facilities - Market size and forecast 2022-2027
Exhibit 46: Chart on LNG storage facilities - Market size and forecast 2022-2027 ($ million)
Exhibit 47: Data Table on LNG storage facilities - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Chart on LNG storage facilities - Year-over-year growth 2022-2027 (%)
Exhibit 49: Data Table on LNG storage facilities - Year-over-year growth 2022-2027 (%)
6.7 Market opportunity by Application
Exhibit 50: Market opportunity by Application ($ million)
Exhibit 51: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Service

7.1 Market segments
Exhibit 52: Chart on Service - Market share 2022-2027 (%)
Exhibit 53: Data Table on Service - Market share 2022-2027 (%)
7.2 Comparison by Service
Exhibit 54: Chart on Comparison by Service
Exhibit 55: Data Table on Comparison by Service
7.3 Storage services - Market size and forecast 2022-2027
Exhibit 56: Chart on Storage services - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Data Table on Storage services - Market size and forecast 2022-2027 ($ million)
Exhibit 58: Chart on Storage services - Year-over-year growth 2022-2027 (%)
Exhibit 59: Data Table on Storage services - Year-over-year growth 2022-2027 (%)
7.4 Ancillary services - Market size and forecast 2022-2027
Exhibit 60: Chart on Ancillary services - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Data Table on Ancillary services - Market size and forecast 2022-2027 ($ million)
Exhibit 62: Chart on Ancillary services - Year-over-year growth 2022-2027 (%)
Exhibit 63: Data Table on Ancillary services - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Service
Exhibit 64: Market opportunity by Service ($ million)
Exhibit 65: Data Table on Market opportunity by Service ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 67: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 68: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 69: Chart on Geographic comparison
Exhibit 70: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 75: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 77: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.5 APAC - Market size and forecast 2022-2027
Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.6 Europe - Market size and forecast 2022-2027
Exhibit 83: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 84: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.7 South America - Market size and forecast 2022-2027
Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 Saudi Arabia - Market size and forecast 2022-2027
Exhibit 95: Chart on Saudi Arabia - Market size and forecast 2022-2027 ($ million)
Exhibit 96: Data Table on Saudi Arabia - Market size and forecast 2022-2027 ($ million)
Exhibit 97: Chart on Saudi Arabia - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on Saudi Arabia - Year-over-year growth 2022-2027 (%)
9.10 China - Market size and forecast 2022-2027
Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
9.11 Russia - Market size and forecast 2022-2027
Exhibit 103: Chart on Russia - Market size and forecast 2022-2027 ($ million)
Exhibit 104: Data Table on Russia - Market size and forecast 2022-2027 ($ million)
Exhibit 105: Chart on Russia - Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on Russia - Year-over-year growth 2022-2027 (%)
9.12 Canada - Market size and forecast 2022-2027
Exhibit 107: Chart on Canada - Market size and forecast 2022-2027 ($ million)
Exhibit 108: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
Exhibit 109: Chart on Canada - Year-over-year growth 2022-2027 (%)
Exhibit 110: Data Table on Canada - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 111: Market opportunity By Geographical Landscape ($ million)
Exhibit 112: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 113: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 115: Overview on factors of disruption
11.4 Industry risks
Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 117: Vendors covered
12.2 Market positioning of vendors
Exhibit 118: Matrix on vendor position and classification
12.3 Brooge Energy Ltd.
Exhibit 119: Brooge Energy Ltd. - Overview
Exhibit 120: Brooge Energy Ltd. - Product / Service
Exhibit 121: Brooge Energy Ltd. - Key offerings
12.4 Buckeye Partners LP
Exhibit 122: Buckeye Partners LP - Overview
Exhibit 123: Buckeye Partners LP - Product / Service
Exhibit 124: Buckeye Partners LP - Key offerings
12.5 Compagnie Industrielle Maritime
Exhibit 125: Compagnie Industrielle Maritime - Overview
Exhibit 126: Compagnie Industrielle Maritime - Product / Service
Exhibit 127: Compagnie Industrielle Maritime - Key offerings
12.6 Enbridge Inc.
Exhibit 128: Enbridge Inc. - Overview
Exhibit 129: Enbridge Inc. - Business segments
Exhibit 130: Enbridge Inc. - Key offerings
Exhibit 131: Enbridge Inc. - Segment focus
12.7 Energy Transfer LP
Exhibit 132: Energy Transfer LP - Overview
Exhibit 133: Energy Transfer LP - Product / Service
Exhibit 134: Energy Transfer LP - Key offerings
12.8 Exolum Corp. S.A.
Exhibit 135: Exolum Corp. S.A. - Overview
Exhibit 136: Exolum Corp. S.A. - Product / Service
Exhibit 137: Exolum Corp. S.A. - Key offerings
12.9 Fluor Corp.
Exhibit 138: Fluor Corp. - Overview
Exhibit 139: Fluor Corp. - Business segments
Exhibit 140: Fluor Corp. - Key offerings
Exhibit 141: Fluor Corp. - Segment focus
12.10 Kinder Morgan Inc.
Exhibit 142: Kinder Morgan Inc. - Overview
Exhibit 143: Kinder Morgan Inc. - Business segments
Exhibit 144: Kinder Morgan Inc. - Key offerings
Exhibit 145: Kinder Morgan Inc. - Segment focus
12.11 Koninklijke Vopak NV
Exhibit 146: Koninklijke Vopak NV - Overview
Exhibit 147: Koninklijke Vopak NV - Business segments
Exhibit 148: Koninklijke Vopak NV - Key offerings
Exhibit 149: Koninklijke Vopak NV - Segment focus
12.12 Magellan Midstream Partners L.P.
Exhibit 150: Magellan Midstream Partners L.P. - Overview
Exhibit 151: Magellan Midstream Partners L.P. - Business segments
Exhibit 152: Magellan Midstream Partners L.P. - Key offerings
Exhibit 153: Magellan Midstream Partners L.P. - Segment focus
12.13 Marquard and Bahls AG
Exhibit 154: Marquard and Bahls AG - Overview
Exhibit 155: Marquard and Bahls AG - Product / Service
Exhibit 156: Marquard and Bahls AG - Key offerings
12.14 McDermott International Ltd.
Exhibit 157: McDermott International Ltd. - Overview
Exhibit 158: McDermott International Ltd. - Product / Service
Exhibit 159: McDermott International Ltd. - Key news
Exhibit 160: McDermott International Ltd. - Key offerings
12.15 NOV Inc.
Exhibit 161: NOV Inc. - Overview
Exhibit 162: NOV Inc. - Business segments
Exhibit 163: NOV Inc. - Key offerings
Exhibit 164: NOV Inc. - Segment focus
12.16 Odfjell SE
Exhibit 165: Odfjell SE - Overview
Exhibit 166: Odfjell SE - Product / Service
Exhibit 167: Odfjell SE - Key offerings
12.17 Plains All American Pipeline L.P.
Exhibit 168: Plains All American Pipeline L.P. - Overview
Exhibit 169: Plains All American Pipeline L.P. - Business segments
Exhibit 170: Plains All American Pipeline L.P. - Key offerings
Exhibit 171: Plains All American Pipeline L.P. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 172: Inclusions checklist
Exhibit 173: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 174: Currency conversion rates for US$
13.4 Research methodology
Exhibit 175: Research methodology
Exhibit 176: Validation techniques employed for market sizing
Exhibit 177: Information sources
13.5 List of abbreviations
Exhibit 178: List of abbreviations