The report on global oil storage market is an in depth analysis of the segments and sub-segments in the oil storage market. The report provides analysis for the global as well as regional markets over the period of 2015 to 2023. According to report the global oil storage market is expected to grow at a CAGR of 4.2% over the forecast period of 2017 - 2023.
Figure 1: Global Oil Storage Market by Value 2017 - 2023
The report on global oil storage market covers segments such as material, type, and product design. The material segments include steel, carbon steel, and fibreglass reinforced plastic (FRP). On the basis of type the global oil storage market is categorized into crude oil, gasoline, aviation fuel, naphtha, diesel, kerosene, and LPG. Furthermore, on the basis of product design the oil storage market is segmented as open top, fixed roof, floating roof, and others.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2015 – 2023.
Figure 2: Global Oil Storage Market by Region, CAGR %, 2017-2023
The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia and among others. Moreover, European region covers countries such as Germany, UK, France, Spain, and rest of Europe. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2017 - 2023.
The report provides profiles of the companies in the global oil storage market such as, Sunoco Logistics, Containment Solutions, Belco Manufacturing Company, L.F. Manufacturing, Columbian Steel Tank, Zcl Composites, Poly Processing, Oiltanking Gmbh, Red Ewald, Inc., and Synalloy Corporation.
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global oil storage market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider.
The report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of oil storage market. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the oil storage market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers and distributors of the oil storage market to understand the present and future trends in this market and formulate their strategies accordingly.
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