Transparency Market Research Oil Storage Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2016 - 2024 Published Date 21-July-2016 112 Page Report Buy Now Request Sample Press Release Need for Oil Storage Facilities on the Rise as Global Supply of Crude Oil Surpasses Demand, says TMR Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Oil Storage Market REPORT DESCRIPTION Oil Storage Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2016 2024 The top five companies in the global oil storage market accounted for a combined share of just over 67% in 2014. These players are Royal Vopak N.V., Kinder Morgan Inc., Oiltanking GmbH, Buckeye Partners L.P., and NuStar Energy L.P. Transparency Market Research has found that the degree of competition in the increasingly capital-intensive oil storage market is extremely high and the threat of new entrants is likely to remain moderate throughout the forecast period. Complete Report with TOC : http://www.transparencymarketresearch.com/oil-storage-market.html Looking to strengthen their foothold in the global oil storage market, an increasing number of companies have been resorting to strategic alliances, partnerships, mergers, acquisitions, and joint ventures. “These strategies have enabled companies to raise funds for the development of new pipelines and storage facilities, the expansion of terminal networks, and the expansion of crude oil storage infrastructure,” the author of the TMR study states. Kinder Morgan is an excellent example. Currently focused on enhancing terminal and storage infrastructure across North America, the industry giant acquired Hiland Partners in February 2015 for US$3 bn. Ongoing Expansion of Oil Storage Capacities Driving Growth “The global supply of crude oil has surpassed its demand and this has resulted in the need for oil storage facilities,” a TMR analyst states. This changing trend in the oil industry has given rise to oil inventories over the years. Companies have been striving to expand storage capacity, especially refineries in Asia Pacific and Europe. In addition to this, the swift rise in road travel has spurred the demand for finished petroleum products, which, in turn, has fueled the need for future storage capacity expansions. This has given the global oil storage market a significant boost. For instance, in 2015, CLH Group invested over US$200 mn to build integrated storage and transportation networks, including thousands of kilometers of storage facilities. In contrast, TMR has observed that high initial investments and lengthy approval processes required for setting up and expansion oil storage facilities have restricted the growth of the global market. “However, higher return on investment in the long term is likely to give players in the oil storage market the push they need,” the author of the study predicts. Opportunities Galore in APAC Oil Storage Market The global oil storage market is poised to expand at a 4.73% CAGR by volume from 2016 to 2024, reporting a rise from 1,337 mn cubic meters in 2014 to 2,027 mn cubic meters by the end of the forecast period. The Middle East and Africa region is the leading contributor in the global oil storage market with a Transparency Market Research 2 Oil Storage Market 30% share in 2014, followed by North America and Europe. “Although Asia Pacific comes in fourth in terms of market share, the region is anticipated to trail the MEA oil storage market in terms of percentage growth from 2016 to 2024,” the analyst predicts. By type of reserve, strategic petroleum reserves were the key contributor in 2014, followed by commercial petroleum reserves. By type of product, crude oil led the overall oil storage market in 2014 and will continue this trend through 2024. Oil Storage Market – Type of Storage Segment Analysis • Open Top Tanks • Fixed Roof Tanks • Floating Roof Tanks • Other Storage Facilities Oil Storage Market – Product Type Segment Analysis • Crude Oil • Gasoline • Aviation Fuel • Middle Distillates Oil Storage Market – Reserve Type Segment Analysis • Strategic Petroleum Reserve • Commercial Petroleum Reserve Get free research PDF for more Professional and Technical insights : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2421 TABLE OF CONTENT Transparency Market Research 3 Oil Storage Market Preface 1.1. Report Description 1.2. Market Segmentation 1.3. Research Scope 1.4. Research Methodology 2. Executive Summary 2.1. Global Oil Storage Market Snapshot 2.2. Global Oil Storage Market Overview 3. Industry Analysis 3.1. Introduction 3.2. Overview 3.3. Value Chain Analysis – Snapshot 3.4. Value Chain Analysis – Overview 3.5. Market Dynamics – Overview 3.5.1. Driver 1- Increased demand for oil storage expansion 3.5.2. Driver 1- Demand for petroleum products is rising due to increase in road travel 3.5.3. Restraints 1 - High initial investments required for oil storage expansion 3.5.4. Opportunities 1- Oil surplus provides profitable investment opportunity in oil storage business Transparency Market Research 4 Oil Storage Market 3.6. Porter’s Five Forces Analysis – Overview 3.6.1. Porter’s Five Forces Analysis – Bargaining Power of Suppliers 3.6.2. Porter’s Five Forces Analysis – Bargaining Power Of Buyers 3.6.3. Porter’s Five Forces Analysis – Threat Of Substitutes 3.6.4. Porter’s Five Forces Analysis – Threat Of New Entrants 3.6.5. Porter’s Five Forces Analysis – Degree Of Competition 3.7. Market Attractiveness Analysis, by Region 3.8. Company Market Share- Oil Storage Market (2015) 4. Global Oil Storage Market Analysis, By Reserve Type, By Volume (Million Cubic Meters), 2014 – 2024 4.1. Overview 4.2. Strategic Petroleum Reserves 4.3. Commercial Petroleum Reserves 5. Global Oil Storage Market Analysis, By Storage Type, By Volume (Million Cubic Meters), 2014 – 2024 5.1. Open Top Tanks 5.2. Fixed Roof Tanks 5.3. Floating Roof Tanks 5.4. Other Storage Facilities Transparency Market Research 5 Oil Storage Market 6. Global Oil Storage Market Analysis, By Product Type, By Volume (Million Cubic Meters), 2014 – 2024 6.1. Crude Oil 6.2. Gasoline 6.3. Aviation Fuel 6.4. Middle Distillates 7. Global Oil Storage Market – Regional Analysis By Volume (Million Cubic Meters), 2014 – 2024 7.1. North America Oil Storage Market - Overview 7.1.1. U.S. Oil Storage Market, by Product Type, By Volume ( Million Cubic Meters), 2014–2024 7.1.1.1. Crude Oil 7.1.1.2. Gasoline 7.1.1.3. Aviation Fuel 7.1.1.4. Middle Distillates 7.1.2. U.S. Oil Storage Market, by Storage Type, By Volume ( Million Cubic Meters), 2014–2024 7.1.2.1. Open Top Tanks 7.1.2.2. Fixed Roof Tanks 7.1.2.3. Floating Roof Tanks 7.1.2.4. Other Storage Facilities 7.1.3. Canada Oil Storage Market, by Product Type, By Volume ( Million Cubic Meters), 2014–2024 7.1.3.1. Crude Oil 7.1.3.2. Gasoline Transparency Market Research 6 Oil Storage Market 7.1.3.3. Aviation Fuel 7.1.3.4. Middle Distillates 7.1.4. Canada Oil Storage Market, by Storage Type, By Volume ( Million Cubic Meters), 2014–2024 7.1.4.1. Open Top Tanks 7.1.4.2. Fixed Roof Tanks 7.1.4.3. Floating Roof Tanks 7.1.4.4. Other Storage Facilities 7.2. Europe Oil Storage Market - Overview 7.2.1. Germany Oil Storage Market, by Product Type, By Volume ( Million Cubic Meters), 2014–2024 7.2.1.1. Crude Oil 7.2.1.2. Gasoline 7.2.1.3. Aviation Fuel 7.2.1.4. Middle Distillates 7.2.2. Germany Oil Storage Market, by Storage Type, By Volume ( Million Cubic Meters), 2014–2024 7.2.2.1. Open Top Tanks 7.2.2.2. Fixed Roof Tanks 7.2.2.3. Floating Roof Tanks 7.2.2.4. Other Storage Facilities 7.2.3. Netherlands Oil Storage Market, by Product Type, By Volume ( Million Cubic Meters), 2014– 2024 7.2.3.1. Crude Oil 7.2.3.2. Gasoline Transparency Market Research 7 Oil Storage Market 7.2.3.3. Aviation Fuel 7.2.3.4. Middle Distillates 7.2.4. Netherlands Oil Storage Market, by Storage Type, By Volume ( Million Cubic Meters), 2014– 2024 7.2.4.1. Open Top Tanks 7.2.4.2. Fixed Roof Tanks 7.2.4.3. Floating Roof Tanks 7.2.4.4. Other Storage Facilities 7.2.5. Spain Oil Storage Market, by Product Type, By Volume ( Million Cubic Meters), 2014–2024 7.2.5.1. Crude Oil 7.2.5.2. Gasoline 7.2.5.3. Aviation Fuel 7.2.5.4. Middle Distillates 7.2.6. Spain Oil Storage Market, by Storage Type, By Volume ( Million Cubic Meters), 2014–2024 7.2.6.1. Open Top Tanks 7.2.6.2. Fixed Roof Tanks 7.2.6.3. Floating Roof Tanks 7.2.6.4. Other Storage Facilities 7.2.7. Belgium Oil Storage Market, by Product Type, By Volume ( Million Cubic Meters), 2014–2024 7.2.7.1. Crude Oil 7.2.7.2. Gasoline 7.2.7.3. Aviation Fuel Transparency Market Research 8 Oil Storage Market 7.2.7.4. Middle Distillates 7.2.8. Belgium Oil Storage Market, by Storage Type, By Volume ( Million Cubic Meters), 2014–2024 7.2.8.1. Open Top Tanks 7.2.8.2. Fixed Roof Tanks 7.2.8.3. Floating Roof Tanks 7.2.8.4. Other Storage Facilities 7.3. Asia Pacific Oil Storage Market - Overview 7.3.1. China Oil Storage Market, by Product Type, By Volume ( Million Cubic Meters), 2014–2024 7.3.1.1. Crude Oil 7.3.1.2. Gasoline 7.3.1.3. Aviation Fuel 7.3.1.4. Middle Distillates 7.3.2. China Oil Storage Market, by Storage Type, By Volume ( Million Cubic Meters), 2014–2024 7.3.2.1. Open Top Tanks 7.3.2.2. Fixed Roof Tanks 7.3.2.3. Floating Roof Tanks 7.3.2.4. Other Storage Facilities 7.3.3. Japan Oil Storage Market, by Product Type, By Volume ( Million Cubic Meters), 2014–2024 7.3.3.1. Crude Oil 7.3.3.2. Gasoline 7.3.3.3. Aviation Fuel 7.3.3.4. Middle Distillates Transparency Market Research 9 Oil Storage Market 7.3.4. Japan Oil Storage Market, by Storage Type, By Volume ( Million Cubic Meters), 2014–2024 7.3.4.1. Open Top Tanks 7.3.4.2. Fixed Roof Tanks 7.3.4.3. Floating Roof Tanks 7.3.4.4. Other Storage Facilities 7.3.5. South Korea Oil Storage Market, by Product Type, By Volume ( Million Cubic Meters), 2014– 2024 7.3.5.1. Crude Oil 7.3.5.2. Gasoline 7.3.5.3. Aviation Fuel 7.3.5.4. Middle Distillates 7.3.6. South Korea Oil Storage Market, by Storage Type, By Volume ( Million Cubic Meters), 2014– 2024 7.3.6.1. Open Top Tanks 7.3.6.2. Fixed Roof Tanks 7.3.6.3. Floating Roof Tanks 7.3.6.4. Other Storage Facilities 7.3.7. Singapore Oil Storage Market, by Product Type, By Volume ( Million Cubic Meters), 2014–2024 7.3.7.1. Crude Oil 7.3.7.2. Gasoline 7.3.7.3. Aviation Fuel 7.3.7.4. Middle Distillates Transparency Market Research 10 Oil Storage Market 7.3.8. Singapore Oil Storage Market, by Storage Type, By Volume ( Million Cubic Meters), 2014– 2024 7.3.8.1. Open Top Tanks 7.3.8.2. Fixed Roof Tanks 7.3.8.3. Floating Roof Tanks 7.3.8.4. Other Storage Facilities 7.4. Middle East and Africa Oil Storage Market - Overview 7.4.1. United Arab Emirates Oil Storage Market, by Product Type, By Volume ( Million Cubic Meters), 2014–2024 7.4.1.1. Crude Oil 7.4.1.2. Gasoline 7.4.1.3. Aviation Fuel 7.4.1.4. Middle Distillates 7.4.2. United Arab Emirates Oil Storage Market, by Storage Type, By Volume ( Million Cubic Meters), 2014–2024 7.4.2.1. Open Top Tanks 7.4.2.2. Fixed Roof Tanks 7.4.2.3. Floating Roof Tanks 7.4.2.4. Other Storage Facilities 7.4.3. Saudi Arabia Oil Storage Market, by Product Type, By Volume ( Million Cubic Meters), 2014– 2024 7.4.3.1. Crude Oil 7.4.3.2. Gasoline Transparency Market Research 11 Oil Storage Market 7.4.3.3. Aviation Fuel 7.4.3.4. Middle Distillates 7.4.4. Saudi Arabia Oil Storage Market, by Storage Type, By Volume ( Million Cubic Meters), 2014– 2024 7.4.4.1. Open Top Tanks 7.4.4.2. Fixed Roof Tanks 7.4.4.3. Floating Roof Tanks 7.4.4.4. Other Storage Facilities 7.4.5. Iran Oil Storage Market, by Product Type, By Volume ( Million Cubic Meters), 2014–2024 7.4.5.1. Crude Oil 7.4.5.2. Gasoline 7.4.5.3. Aviation Fuel 7.4.5.4. Middle Distillates 7.4.6. Iran Oil Storage Market, by Storage Type, By Volume ( Million Cubic Meters), 2014–2024 7.4.6.1. Open Top Tanks 7.4.6.2. Fixed Roof Tanks 7.4.6.3. Floating Roof Tanks 7.4.6.4. Other Storage Facilities 7.4.7. Oman Oil Storage Market, by Product Type, By Volume ( Million Cubic Meters), 2014–2024 7.4.7.1. Crude Oil 7.4.7.2. Gasoline 7.4.7.3. Aviation Fuel Transparency Market Research 12 Oil Storage Market 7.4.7.4. Middle Distillates 7.4.8. Oman Oil Storage Market, by Storage Type, By Volume ( Million Cubic Meters), 2014–2024 7.4.8.1. Open Top Tanks 7.4.8.2. Fixed Roof Tanks 7.4.8.3. Floating Roof Tanks 7.4.8.4. Other Storage Facilities 7.5. South and Central America Oil Storage Market - Overview 7.5.1. Brazil Oil Storage Market, by Product Type, By Volume ( Million Cubic Meters), 2014–2024 7.5.1.1. Crude Oil 7.5.1.2. Gasoline 7.5.1.3. Aviation Fuel 7.5.1.4. Middle Distillates 7.5.2. Brazil Oil Storage Market, by Storage Type, By Volume ( Million Cubic Meters), 2014–2024 7.5.2.1. Open Top Tanks 7.5.2.2. Fixed Roof Tanks 7.5.2.3. Floating Roof Tanks 7.5.2.4. Other Storage Facilities 7.5.3. Argentina Oil Storage Market, by Product Type, By Volume ( Million Cubic Meters), 2014–2024 7.5.3.1. Crude Oil 7.5.3.2. Gasoline 7.5.3.3. Aviation Fuel 7.5.3.4. Middle Distillates Transparency Market Research 13 Oil Storage Market 7.5.4. Argentina Oil Storage Market, by Storage Type, By Volume ( Million Cubic Meters), 2014–2024 7.5.4.1. Open Top Tanks 7.5.4.2. Fixed Roof Tanks 7.5.4.3. Floating Roof Tanks 7.5.4.4. Other Storage Facilities 8. Company Profiles 8.1. Buckeye Partners L.P. 8.1.1. Company Overview .1.2. Financial Overview 8.1.3. Business Strategy 8.1.4. Recent Developments 8.2. CIM-CCMP Group 8.2.1. Company Overview 8.2.2. Financial Overview 8.2.3. Business Strategy 8.2.4. Recent Developments 8.3. CLH Group 8.3.1. Company Overview 8.3.2. Financial Overview 8.3.3. Business Strategy 8.3.4. Recent Developments Transparency Market Research 14 Oil Storage Market 8.4. Ghazanfar Group 8.4.1. Company Overview 8.4.2. Financial Overview 8.4.3. Business Strategy 8.4.4. Recent Developments 8.5. Horizon Terminals Ltd 8.5.1. Company Overview 8.5.2. Financial Overview 8.5.3. Business Strategy 8.5.4. Recent Developments 8.6. International-Matex Tank Terminals, Inc 8.6.1. Company Overview 8.6.2. Financial Overview 8.6.3. Business Strategy 8.6.4. Recent Developments 8.7. Kinder Morgan Inc. 8.7.1. Company Overview 8.7.2. Financial Overview 8.7.3. Business Strategy 8.7.4. Recent Developments 8.8. Magellan Midstream Partners L.P. 8.8.1. Company Overview Transparency Market Research 15 Oil Storage Market 8.8.2. Financial Overview 8.8.3. Business Strategy 8.8.4. Recent Developments 8.9. NuStar Energy L.P. 8.9.1. Company Overview 8.9.2. Financial Overview 8.9.3. Business Strategy 8.9.4. Recent Developments 8.10. Odfjell Terminal B.V. 8.10.1. Company Overview 8.10.2. Financial Overview 8.10.3. Business Strategy 8.10.4. Recent Developments 8.11. Oiltanking GmbH 8.11.1. Company Overview 8.11.2. Financial Overview 8.11.3. Business Strategy 8.11.4. Recent Developments 8.12. Royal Vopak N.V. 8.12.1. Company Overview 8.12.2. Financial Overview 8.12.3. Business Strategy Transparency Market Research 16 Oil Storage Market 8.12.4. Recent Developments 8.13. Sunoco Logistics Partners L.P. 8.13.1. Company Overview 8.13.2. Financial Overview 8.13.3. Business Strategy 8.13.4. Recent Developments 8.14. Vitol Tank Terminals International B.V. 8.14.1. Company Overview 8.14.2. Financial Overview 8.14.3. Business Strategy 8.14.4. Recent Developments Complete Report with TOC : http://www.transparencymarketresearch.com/oil-storage-market.html About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact Transparency Market Research 17 Oil Storage Market Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/ Transparency Market Research 18
According to a research study published by Transparency Market Research (TMR), the global market for oil storage, which stood at 1,337 mn cubic meters in 2014, is likely to increase its market volume to 2,027 mn cubic meters by 2024 at a CAGR of 4.73% during the period from 2016 to 2024. Of late, oil prices have been experiencing a sharp decline, leading to prominent alterations in oil trends, including the supply of crude oil exceeding its demand. This depression in oil prices has caused a severe oil glut across the world, creating a storage crisis. As a result, the demand for oil storage facilities is witnessing a remarkable surge since the last few months. Get free research PDF for more Professional and Technical insights : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2421
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