Global Oil Storage Market Size & Outlook, 2019-2027
Global oil storage market, 2016-2027 (Million cubic meters)
Related Markets
Global oil storage market highlights
- The global oil storage market generated a revenue of Million 1,682.0 cubic in 2019 and is expected to reach Million 2,550.8 cubic by 2027.
- The market is expected to grow at a CAGR (2020 - 2027) of 5.3% by 2027.
- In terms of segment, crude oil accounted for a revenue of Million 867.8 cubic in 2019.
- Gasoline is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, MEA was the largest revenue generating market in 2019.
- Country-wise, Netherlands is expected to register the highest CAGR from 2020 to 2027.
Global data book summary
| Market revenue in 2019 | Million 1,682.0 cubic |
| Market revenue in 2027 | Million 2,550.8 cubic |
| Growth rate | 5.3% (CAGR from 2019 to 2027) |
| Largest segment | Crude oil |
| Fastest growing segment | Gasoline |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in Million cubic |
| Market segmentation | Crude oil, Middle distillates, Gasoline, Aviation fuel |
Other key industry trends
- In terms of revenue, the North America accounted for 22.9% of the global oil storage market in 2019.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
- By country, Netherlands is the fastest growing regional market and is projected to reach Million 43.4 cubic by 2027.
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Oil Storage Market Scope
Oil Storage Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global oil storage market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to oil storage market will help companies and investors design strategic landscapes.
Crude oil was the largest segment with a revenue share of 51.59% in 2019. Horizon Databook has segmented the Global oil storage market based on crude oil, middle distillates, gasoline, aviation fuel covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Oil Storage Application Outlook (Volume, Million cubic meters, 2016-2027)
- Crude oil
- Middle distillates
- Gasoline
- Aviation fuel
- Others
- Global Oil Storage Product Outlook (Volume, Million cubic meters, 2016-2027)
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Horizon Databook provides a detailed overview of global-level data and insights on the Global oil storage market , including forecasts for subscribers. This global databook contains high-level insights into Global oil storage market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
Global oil storage market
Global Oil Storage Market Outlook Share, 2019 & 2027 (Million cubic meters)
Global Oil Storage Market Outlook Share, 2019 & 2027 (Million cubic meters)
Oil storage market: Opportunity assessment by country
Global oil storage market, by region, 2019 (Million cubic meters)
Global oil storage market
Related industry reports
Related regional statistics
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