Oil And Gas Storage Service Market Top key Players, Global Production, Growth, Share, Demand and Applications Forecast to 2026| Esticast Research
The “Global Oil And Gas Storage Service Market” report offers compound growth from the base year and projected until 2026. The report prepared on the basis of an in-depth analysis of the market that lights shed on the market with a vision to provide a general overview of the market. The report is further fragmented on the basis of segmentation that involves product type, application, and geography. Esticast Research and Consulting provides accurate market size and forecast in relation to the major five regions. The report further evaluates various opportunities and trends to prove superior in the market.
About Oil And Gas Storage Service Market
Oil and Gas Storage Service Market was valued at $8.42 billion in 2016 and is projected to reach $10.38 billion by 2022, having a CAGR of 2.6% during the forecast period of 2017 to 2024. According to the U.S. Energy Information Administration, in September- October 2017, a steep rise in the difference between domestic and foreign crude oil prices was observed since 2015. The strategic locations offering storage services stock up millions of barrels of oil, ready to be dispatched at the required destinations. A notable increase in the occupancy rate of oil and gas terminals is expected until the near future. Higher profit returns are expected to be gained by the terminals considering geopolitical factors, future exploration projects, and transportation routes while deciding on their location.
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Market Overview
The research report covers various developments across the geography of the Oil And Gas Storage Service market based on the tools of organic as well as inorganic growth strategies. The Oil And Gas Storage Service market report is capable enough to project and present data till 2026 on the basis of the global market trend. The market report presented provides key statistics based on the past and current status of the market coupled with key trends and opportunities.
The report not only analyses factors responsible for impacting the Oil And Gas Storage Service market on the basis of the value chain but also evaluates industry forces that will highlight the market in the coming years. The industry forces include stumbling blocks, drivers, challenges, and opportunities. The report is also providing in-depth insights on the basis of secondary tools such as SWOT, Porter’s Five Force Analysis, and PEST. The secondary based tools cover a wide spectrum of regions but focuses on key regions that include North America, Europe, Asia Pacific, Middle East, South America, and the Middle East & Africa (MEA).
What the report features:
- Forecast and analysis of the global Oil And Gas Storage Service market by the integration of opportunities, applications, market trends, from 2019-2026.
- Global analysis of the Oil And Gas Storage Service market by a noteworthy progression of the market.
- Forecast and analysis of global Oil And Gas Storage Service market in five major regions namely Middle East, South America, and the Middle East & Africa (MEA), North America, Europe, and the Asia Pacific.
List of the Key Players of Oil And Gas Storage Service:
Royal Vopak
Oiltanking
Magellan Midstream Partners
L.P
Buckeye Partners
L.P.
Vitol
Blueknight Energy Partners
CIM-CCMP Group
CLH Group
Dalian Port Corporation Limited
Horizon Terminals limited
International Matex Tank Terminals (IMTT)
Kinder Morgan
Nustar Energy L.P.
ODFJELL
Key players mentioned in the report are based on the secondary research tool. The market share of the company is based on both primary as well as secondary based research. All shares have been presented in a precise fashion that has been determined using several resources.
The competitive landscape chapter is enlisted separately which proves as a supporting agent. The chapter sheds light and provides a visual presentation of the key players. In addition, the report also covers the designing of several strategies that are adopted by the key participants to lead the race in the long run. Various strategies include coverage of M&A, new product launch, setting up R&D team, development of infrastructure, and among others.
Market Segmentation
On the basis of types, the global Oil And Gas Storage Service market is fragmented into
Storage
Ancillary
Others
Based on applications, the global Oil And Gas Storage Service market is split into:
Oil
Gas
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The years that were considered for the study of this report are the following:
- Base year: 2018
- Historical year: 2014-2018
- Estimated year: 2019
- Forecast year: from 2019 to 2026
Key Benefits:
- To offer detailed information to the clients regarding the major factors such as drivers, restraints, and opportunities that have a positive impact on the growth of the Oil And Gas Storage Service market.
- To overlook and predict the market size and forecast based on the key regions namely such as Europe, North America, Middle East & Africa, and APAC.
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