Brazil Oil Storage Market Size & Outlook, 2019-2027

The oil storage market in Brazil is expected to reach a projected revenue of US$ 66.3 cubic by 2027. A compound annual growth rate of 7.8% is expected of Brazil oil storage market from 2020 to 2027.
Revenue, 2019 (Million cubic meters)
$36.4
Forecast, 2027 (Million cubic meters)
$66.3
CAGR, 2020 - 2027
7.8%
Report Coverage
Brazil

Brazil oil storage market highlights

  • The Brazil oil storage market generated a revenue of Million 36.4 cubic in 2019 and is expected to reach Million 66.3 cubic by 2027.
  • The Brazil market is expected to grow at a CAGR of 7.8% from 2020 to 2027.
  • In terms of segment, crude oil was the largest revenue generating application in 2019.
  • Gasoline is the most lucrative application segment registering the fastest growth during the forecast period.

Oil storage market data book summary

Market revenue in 2019Million 36.4 cubic
Market revenue in 2027Million 66.3 cubic
Growth rate7.8% (CAGR from 2019 to 2027)
Largest segmentCrude oil
Fastest growing segmentGasoline
Historical data2016 - 2018
Base year2019
Forecast period2020 - 2027
Quantitative unitsRevenue in Million cubic
Market segmentationCrude oil, Middle distillates, Gasoline, Aviation fuel
Key market players worldwideKoninklijke Vopak NV, Belships ASA, Castile Resources Ltd Ordinary Shares, Delta Oil & Gas Inc, VTTI, Oiltanking, Buckeye Partners, Schott Pharma AG & CO KGaA, Shawcor, Superior Tank Co., Inc.

Other key industry trends

  • In terms of revenue, Brazil accounted for 2.2% of the global oil storage market in 2019.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
  • In Latin America, Brazil oil storage market is projected to lead the regional market in terms of revenue in 2027.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach Million 66.3 cubic by 2027.

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Oil Storage Market Scope

Oil storage market segmentation & scope
Application
Crude oil
Middle distillates
Gasoline
Aviation fuel
Others
Product
Open top
Fixed roof
Floating roof
Others

Oil Storage Market Companies

Name Profile # Employees HQ Website

Brazil 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 56.32% in 2019. Horizon Databook has segmented the Brazil oil storage market based on crude oil, middle distillates, gasoline, aviation fuel covering the revenue growth of each sub-segment from 2016 to 2027.


  • Brazil Oil Storage Application Outlook (Volume, Million cubic meters, 2016-2027)
    • Crude oil
    • Middle distillates
    • Gasoline
    • Aviation fuel
    • Others
  • Brazil Oil Storage Product Outlook (Volume, Million cubic meters, 2016-2027)
    • Open top
    • Fixed roof
    • Floating roof
    • Others

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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil oil storage market , including forecasts for subscribers. This country databook contains high-level insights into Brazil oil storage market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Brazil oil storage market

Brazil Oil Storage Market Outlook Share, 2019 & 2027 (Million cubic meters)

Brazil oil storage market

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