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New Analysis of Oil and Gas Storage Service Market Worldwide 2016-2020

Tuesday, November 29, 2016 2:25
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2016-2020 Global Oil and Gas Storage Service Market report adds in including 68 Pages and provides Exhibits.

This analyst forecast the global oil and gas storage service market to grow at a CAGR of 2.2% during the period 2016-2020. Storage tank services are responsible for over 70% of the revenue in the market and include containers that hold liquids, compressed gases, or mediums used for short- or long-term storage. Typically, these tanks operate under no or very little pressure and can be spherical or cylindrical in shape. Based upon location and requirement, storage tanks come in varieties such as crude oil tankages, product and intermediate storage tankages, dispatch area tankages, and minitanks near production units of a refinery.

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This report covers the present scenario and the growth prospects of the global oil and gas storage service market for 2016-2020. To calculate the market size, the report presents the vendor landscape and a corresponding detailed profiling of the key market participants across the value chain of the market.

The market is divided into the following segments based on geography:




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The report, Global Oil and Gas Storage Service Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Royal Vopak


Magellan Midstream Partners

Buckeye Partners


Other prominent vendors

Blueknight Energy Partners


CLH Group

Dailan Port Company

Horizon Terminals Limited

International-Matex Tank Terminals (IMTT)

Kinder Morgan

NuStar Energy


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Market driver

Geographical diversification of crude oil markets.

For a full, detailed list, view our report

Market challenge

High operational costs and strategic locations for oil terminals.

For a full, detailed list, view our report

Market trend

Shift toward independent oil and gas storage service companies.

For a full, detailed list, view our report

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