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Oil Storage Market Share

  • Report ID: GMI803
  • Published Date: Oct 2022
  • Report Format: PDF
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Oil Storage Market Share

Top participants operating in the oil storage market are

  • CST Industries
  • NOV Inc.
  • Ascent Industries Co.
  • Snyder Industries
  • LF Manufacturing
  • Fisher Tank Company
  • Superior Tank Co., Inc.
  • Royal Vopak
  • ElixirPro Engineering Solutions Pvt. Ltd.
  • SHAWCOR
  • Waterford Tank & Fabrication
  • ERGIL
  • T BAILEY, Inc.

These firms are emphasizing on collaborative facility developments to improve access to refined oil and reinforce their footprint across the global market.
 

For instance, in June 2022, Royal Vopak signed an agreement to manufacture three LNG gate terminals with N.V. Nederlandse Gasuni in Northwest Europe. The intention behind this collaboration was to ensure  supply chain security and resiliency. This project, scheduled for commencement in the second half of 2023, will strengthen the presence of the companies in the industry.

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of oil storage crossed 790 million cubic meters in 2021 and is set to exhibit more than 3.5% growth rate between 2022 and 2030.

The floating roof product segment is poised to depict over 4% CAGR through 2030, due to the strong demand for medium and low flash point petroleum storage systems.

Asia Pacific region is anticipated to hold around 43% of global market share by 2030, considering the high emphasis on crude oil stockpiling for commercial and emergency applications.

CST Industries, NOV Inc., Ascent Industries Co., Snyder Industries, LF Manufacturing, Fisher Tank Company, Superior Tank Co., Inc., Royal Vopak, SHAWCOR, ERGIL, and T BAILEY, Inc. are some of the major market participants.

Oil Storage Market Scope

  • Oil Storage Market Size
  • Oil Storage Market Analysis
  • Oil Storage Market Share

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    Premium Report Details

    • Base Year: 2021
    • Companies covered: 15
    • Tables & Figures: 421
    • Countries covered: 28
    • Pages: 270
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