Oil and Gas Storage Market global industry analysis, size, share and forecast -2023

22/gen/2019 11:41:19 Tejas Amale Contatta l'autore

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Oil and Gas Storage Global Market – Competitive Analysis

The Oil and Gas Storage Industry is anticipated to have enormous amount of developments during the forecast period, due to increased storage process and reduced oil prices. The market is also likely to have huge number growth activities by multinationals and well-established companies and countries as they are more inclined to meet the growing demands.

Market Highlights

Oil and gas are increasingly stored to meet the growing demand for energy. Oil is stored in tankers and other stationary facilities so it can be transported over vast distances and regions to meet the demand. Gas, on the other hand needs to be stored underground in facilities such as depleted oil and gas fields, salt caverns and aquifers.

As the global Oil and Gas Storage Market is increasingly witnessing a drop in oil prices, OPEC countries are increasingly storing their oil and natural gas products to make profit when the prices climb back.  

The market is expected to grow at a CAGR of 3.5% during the forecast period.

Key Players

The major players operating in oil and gas storage market are

  • Royal Vopak N.V. (Dutch)
  • TechnipFMC plc (U.K.)
  • Magellan Midstream Partners, L.P. (U.S.)
  • Amec Foster Wheeler plc (UK)
  • The Vitol Group (The Netherlands)
  • WorleyParsons Limited (Australia)
  • Niska Gas Storage Partners LLC(U.S.)
  • Centrica plc (U.K.)
  • Chiyoda Corporation (Japan)

A Sample of This Report Is Available upon Request @ https://www.marketresearchfuture.com/sample_request/3935

Study Objectives of Global Oil and Gas Storage Market

  • To provide detailed analysis of the market structure along with forecast for the next five years of the various segments and sub-segments of the global oil and gas storage market
  • To provide insights about factors affecting the market growth
  • To analyze the global oil and gas storage market based on various tools such as Supply Chain Analysis, and Porter’s Five Forces Analysis
  • To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
  • To provide country level analysis of the market with respect to the current market size and future prospective
  • To provide country level analysis of the market for segments by type and region
  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the oil and gas storage market

Scope of the Report

This study provides an overview of the global oil and gas storage market, tracking two market segments across four geographic regions. The scope of the study segments the global oil and gas storage market by product type, by storage type and by region.

Global Oil and Gas Storage Market, By Product Type

  • Oil
  • Natural Gas

Global Oil and Gas Storage Market, By Storage Type

  • Underground
  • Aboveground

Global Oil and Gas Storage Market, By Region

  • Europe
  • North America
  • Asia-Pacific
  • Rest of the world 

Browse the Full Research Report At@

https://www.marketresearchfuture.com/reports/oil-and-gas-storage-market-3935

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