Indonesia Oil Storage Market Size & Outlook, 2019-2027

The oil storage market in Indonesia is expected to reach a projected revenue of US$ 61.2 cubic by 2027. A compound annual growth rate of 5% is expected of Indonesia oil storage market from 2020 to 2027.
Revenue, 2019 (Million cubic meters)
$41.6
Forecast, 2027 (Million cubic meters)
$61.2
CAGR, 2020 - 2027
5%
Report Coverage
Indonesia

Indonesia oil storage market highlights

  • The Indonesia oil storage market generated a revenue of Million 41.6 cubic in 2019 and is expected to reach Million 61.2 cubic by 2027.
  • The Indonesia market is expected to grow at a CAGR of 5% from 2020 to 2027.
  • In terms of segment, middle distillates was the largest revenue generating application in 2019.
  • Middle distillates is the most lucrative application segment registering the fastest growth during the forecast period.

Oil storage market data book summary

Market revenue in 2019Million 41.6 cubic
Market revenue in 2027Million 61.2 cubic
Growth rate5% (CAGR from 2019 to 2027)
Largest segmentMiddle distillates
Fastest growing segmentMiddle distillates
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, Indonesia accounted for 2.5% 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 Asia Pacific, China oil storage market is projected to lead the regional market in terms of revenue in 2027.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach Million 224.5 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

Indonesia 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.


Middle distillates was the largest segment with a revenue share of 49.52% in 2019. Horizon Databook has segmented the Indonesia oil storage market based on crude oil, middle distillates, gasoline, aviation fuel covering the revenue growth of each sub-segment from 2016 to 2027.


  • Indonesia Oil Storage Application Outlook (Volume, Million cubic meters, 2016-2027)
    • Crude oil
    • Middle distillates
    • Gasoline
    • Aviation fuel
    • Others
  • Indonesia 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 Indonesia oil storage market , including forecasts for subscribers. This country databook contains high-level insights into Indonesia oil storage market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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

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