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    Oil and Gas Storage Market

    ID: 2633
    155 Pages
    Research Team
    01/2025

    Oil Gas Storage Market Research Report By Storage Type (Above Ground Tanks, Below Ground Tanks, Floating Storage Units, Underground Caverns), By Material Type (Steel, Plastic, Fiber Reinforced Plastic, Concrete), By End Use (Crude Oil, Natural Gas, Refined Products, Liquefied Natural Gas), By Region Type (Commercial Storage, Strategic Storage, Emergency Storage) and By Regional (North America, ...

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    Market Summary

    Global Oil Gas Storage Market Overview

    As per MRFR analysis, the Oil Gas Storage Market Size was estimated at 214.48 (USD Billion) in 2022. The Oil Gas Storage Market Industry is expected to grow from 222.29(USD Billion) in 2023 to 306.5 (USD Billion) by 2032. The Oil Gas Storage Market CAGR (growth rate) is expected to be around 3.64% during the forecast period (2024 - 2032).

    Key Oil Gas Storage Market Trends Highlighted

    The Oil Gas Storage Market is propelled by the surge in the demand for energy coupled with the delicacies associated with global supply chains. The expansion of renewable sources energy also calls for enhanced storage options for fossil fuels resulting to increased investments in constructing new storage and maintaining the existing ones. Alterations in regulations aimed at bettering energy security and sustainability have also added pressure on companies to invest in increasing their storage capacity. With the shift in political relations affecting the global oil supply and demand, there is more focus on holding storage solutions that are safe and reliable. This market has great opportunities with the increase in liquefied natural gas (LNG) and the growing demand in the strategic petroleum reserve.

    It is possible for companies to create value by making investments in innovative technology like automation and IoT to optimize on storage efficiency and facilitate for monitoring. The shift to a lower carbon economy offers great opportunities for companies that are able to combine renewable energy storage systems with traditional oil and gas. There are many opportunities for partnerships between traditional oil and gas businesses and renewable energy businesses to develop hybrid models that would improve energy management. Recent trends indicate increasing sustainability and environmental concern in the context of storage activities. Companies are starting to implement green technologies for storage facilities, which will cut down emissions and increase efficiency.

    Global Oil Gas Storage Market Overview

    Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

    Oil Gas Storage Market Drivers

      • Growing Demand for Energy Storage Solutions

    The increasing global demand for energy storage solutions is one of the most significant drivers for the Oil Gas Storage Market Industry. As economies continue to grow, the consumption of oil and gas rises, necessitating the need for efficient storage facilities. The rising population, urbanization, and industrialization are leading to greater energy consumption, which in turn boosts the requirement for effective storage solutions to manage supply and meet the fluctuating demand.Moreover, fluctuations in oil prices compel companies to hold inventory strategically to mitigate risks associated with price volatility. Thus, investments in storage infrastructure become essential to streamline operations and cushion against market shocks. This trend is particularly relevant in regions with emerging economies, where the demand for energy is on a steep upward trajectory. Additionally, as the energy market transitions towards a more sustainable future, the importance of integrated storage solutions that can accommodate alternative energy sources alongside traditional oil and gas becomes increasingly evident.As a result, the Oil Gas Storage Market Industry is poised for growth as stakeholders continue to invest in advanced storage technologies, including underground storage facilities, floating storage units, and above-ground tanks equipped with the latest safety and efficiency measures.

      • Regulatory Frameworks and Environmental Policies

    The implementation of robust regulatory frameworks and environmental policies globally fosters the growth of the Oil Gas Storage Market Industry. Governments are increasingly recognizing the importance of ensuring safe and sustainable storage practices. Regulations aimed at reducing carbon emissions and promoting environmentally friendly storage solutions are driving companies to upgrade and maintain their facilities to comply with stringent standards.These regulations not only protect the environment but also encourage innovations in storage technologies such as double-hulled tankers and advanced monitoring systems, ensuring the integrity of stored oil and gas.

      • Technological Advancements in Storage Solutions

    The continuous advancement in technology significantly influences the Oil Gas Storage Market Industry. Innovations such as automated storage facilities, predictive analytics, and IoT-enabled monitoring systems enhance operational efficiency, safety, and management of storage facilities. As companies seek to optimize their operations, the adoption of these advanced technologies becomes crucial in maintaining competitiveness in the fast-paced energy market.Furthermore, such technological improvements also contribute to better inventory management and cost reduction, which are vital for sustainability in the oil and gas sector.

    Oil Gas Storage Market Segment Insights

    Oil Gas Storage Market Storage Type Insights

    The Oil Gas Storage Market, focusing on the Storage Type segment, shows a robust landscape characterized by its diverse storage solutions. In 2023, the total market valuation for this segment is recognized at 222.29 USD Billion, reflecting a strong demand for effective storage solutions in the oil and gas industry. This market segmentation reveals significant distinctions among various storage types, with Above Ground Tanks, Below Ground Tanks, Floating Storage Units, and Underground Caverns playing essential roles. Above Ground Tanks emerges as a dominant player in the market, holding a substantial valuation of 75.0 USD Billion in 2023 and expected to reach 100.0 USD Billion by 2032. This prominence can be attributed to their ease of accessibility and rapid deployment in oil and gas operations.

    Below Ground Tanks also contribute significantly to the Oil Gas Storage Market, valued at 45.0 USD Billion in 2023. These tanks, often seen as safer options, cater to specific environmental regulations and contribute to effective space utilization. Floating Storage Units hold a market share valued at 40.0 USD Billion in 2023, reflecting their strategic advantage in offshore operations and flexibility in handling fluctuating demand. Their ability to operate in various water bodies to store oil and gas helps companies manage logistics efficiently, making them an asset in global supply chains. On the other hand, Underground Caverns present a unique aspect of oil and gas storage, valued at 62.29 USD Billion in 2023. Known for their inherent security against external threats and natural disasters, they dominate the market due to their protective features and ability to accommodate large volumes.

    As the Oil Gas Storage Market continues to progress, the combination of growing demand for efficient storage solutions and the development of advanced technologies forms the backdrop against which these storage types operate. The market statistics highlight trends that reveal a shift towards more secure and space-efficient storage options, reinforcing the essential roles played by both Above Ground Tanks and Underground Caverns. Additionally, the industry faces challenges such as fluctuating crude oil prices and regulatory constraints, driving innovations and strategic adaptations within these segments. Opportunities remain strong within this market as companies seek to optimize storage capabilities while navigating the complexities of supply and demand. Overall, the insights into the Storage Type segment illustrate a structured and growing market that aligns with the evolving needs of the oil and gas sector, presenting an array of opportunities for stakeholders.

    Oil Gas Storage Market Storage Type Insights

    Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

    Oil Gas Storage Market Material Type Insights

    The Oil Gas Storage Market is poised by robust growth, driven by increasing energy demand and the need for efficient storage solutions. In 2023, the market reached a valuation of 222.29 USD Billion, with various material types playing significant roles in storage capabilities. Among these, Steel has been a dominant choice due to its strength and durability, making it ideal for large-scale storage tanks. Plastic and Fiber Reinforced Plastic are gaining traction for their resistance to corrosion, lightweight properties, and lower maintenance costs.Concrete is also a considerable option, recognized for its sturdiness and longevity, particularly in underground storage applications. As the market evolves, shifts towards sustainable solutions pose opportunities for advanced materials that offer enhanced performance and environmental benefits. The segmentation of the Oil Gas Storage Market by material type reflects diverse preferences and adaptations to operational demands, ensuring that industry needs are effectively met. These material considerations significantly influence the Oil Gas Storage Market revenue and contribute to the overall growth trajectory.Continuous advancements in material technology are expected to further enhance the storage capabilities and operational efficiency in this critical industry.

    Oil Gas Storage Market End Use Insights

    The Oil Gas Storage Market, valued at 222.29 billion USD in 2023, encompasses a diverse range of applications categorized under the End Use segment, including Crude Oil, Natural Gas, Refined Products, and Liquefied Natural Gas. Each application plays a critical role in the market dynamics, with Crude Oil storage often deemed essential due to its impact on pricing and supply chain management. Natural Gas storage has gained increased importance amid a global push toward cleaner energy, becoming a pivotal asset for energy security. Meanwhile, storage of Refined Products supports demand stability for fuels and lubricants in various sectors, while Liquefied Natural Gas has seen significant growth, reflecting the rising interest in LNG as a key player for energy diversification.Notably, the demand for storage solutions in these segments has been driven by fluctuating production rates, regulatory requirements, and the need for efficient supply chain logistics. The market continues to evolve, presenting opportunities for advanced storage solutions and technologies tailored for each End Use category, further contributing to the growth and resilience of the Oil Gas Storage Market industry.

    Oil Gas Storage Market Region Type Insights

    The Oil Gas Storage Market, valued at 222.29 USD Billion in 2023, reflects a robust structure defined by its Region Type segmentation. The market comprises diverse storage needs, with Commercial Storage, Strategic Storage, and Emergency Storage serving critical roles. Commercial Storage plays a significant part as it caters to the daily demands of the oil and gas industry, supporting smooth operations and market liquidity. Meanwhile, Strategic Storage is vital for national security and energy independence, with governments worldwide investing in reserves to manage crises and supply disruptions.Emergency Storage, on the other hand, is indispensable for ensuring availability during unforeseen events, thus enhancing resilience within the energy infrastructure. As the Oil Gas Storage Market continues to evolve, the importance of these storage types underpins the industry's dynamics, highlighting growth-driven opportunities and challenges, thereby influencing the Oil Gas Storage Market revenue and overall market growth. Factors such as fluctuating oil prices, regulatory measures, and technological advancements also contribute significantly to shaping the Oil Gas Storage Market statistics, ultimately leading to diverse strategic approaches across the industry.

    Oil Gas Storage Market Regional Insights

    The Oil Gas Storage Market is poised for considerable growth, driven by key regions that hold significant valuations. In 2023, North America leads the charge with a market value of 85.0 USD Billion, expected to rise to 115.0 USD Billion by 2032, indicating its dominant position due to high energy consumption and extensive infrastructure. Europe follows with a valuation of 50.0 USD Billion in 2023, projected to reach 70.0 USD Billion in 2032, reflecting a strong response to energy transition policies. APAC stands at 60.0 USD Billion in 2023, with a goal of 90.0 USD Billion by 2032, fueled by rapid industrialization and urbanization across nations like China and India.South America shows a modest valuation of 20.0 USD Billion in 2023, growing to 25.0 USD Billion by 2032, driven by emerging markets and energy projects. Lastly, the MEA region presents a unique scenario, with a valuation dropping from 7.29 USD Billion in 2023 to 6.5 USD Billion in 2032, indicative of geopolitical challenges impacting market dynamics. The Oil Gas Storage Market statistics reveal that these regional segments contribute distinctly to the overall market landscape, underscoring their crucial role in shaping the industry’s future.

    Oil Gas Storage Market Regional Insights

    Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

    Oil Gas Storage Market Key Players and Competitive Insights

    The Oil Gas Storage Market is characterized by a complex interplay of supply and demand dynamics influenced by various geopolitical factors, regulatory frameworks, and technological advancements. Competitive insights into this market reveal that major players are focusing on enhancing their storage capacities, improving operational efficiencies, and adopting innovative technologies to optimize their services. The storage infrastructure is not only pivotal in balancing supply chains but also plays a critical role in mitigating the risks associated with market fluctuations and demand variability. Increasing consumption patterns across emerging economies, coupled with the growing need for strategic reserves amidst geopolitical instabilities, have spurred significant investments in storage facilities, positioning companies within this landscape to adapt rapidly to changing market conditions.ExxonMobil maintains a robust presence in the Oil Gas Storage Market, leveraging its extensive operational capabilities and advanced technological expertise. The company operates an extensive network of storage terminals that cater to a diverse range of oil and gas products, allowing for effective management of inventories and seamless distribution. ExxonMobil's strength lies in its operational efficiency and strategic location of storage facilities, which enhances the company’s ability to respond swiftly to regional market demands. This operational versatility aids ExxonMobil in maintaining a competitive edge, as it can adapt its storage strategies in alignment with market trends and customer requirements. Furthermore, ExxonMobil's commitment to sustainability and innovation positions favorably in a market increasingly driven by environmental considerations.Chevron enters the Oil Gas Storage Market with a strong portfolio focused on optimizing storage capacities through state-of-the-art technologies and strategic infrastructural investments. The company's strength is evident in its ability to provide reliable storage solutions tailored to meet the demands of a fluctuating market. Chevron emphasizes maintaining high safety standards and regulatory compliance across its storage facilities, ensuring operational integrity and minimizing environmental impact. This commitment not only boosts Chevron’s reputation but also builds long-term relationships with stakeholders and customers. Additionally, Chevron's focus on expansion into key markets and collaboration with local entities further enhances its competitive positioning, enabling it to capitalize on emerging opportunities within the oil and gas storage sector.

    Key Companies in the Oil Gas Storage Market Include

      • ExxonMobil
      • Chevron
      • Kinder Morgan
      • Williams Companies
      • TC Energy
      • VTTI
      • Enbridge
      • Gibson Energy
      • TotalEnergies
      • Oiltanking GmbH
      • Buckeye Partners
      • Royal Dutch Shell
      • Plains All American Pipeline
      • Magellan Midstream Partners

    Oil Gas Storage Market Industry Developments

    Recent developments in the Oil Gas Storage Market indicate significant movements and changing dynamics among major players like ExxonMobil, Chevron, Kinder Morgan, and others. Currently, these companies are adapting to increased demand for storage solutions, driven by fluctuating oil prices and a growing emphasis on energy security amid geopolitical tensions. Additionally, mergers and acquisitions have gained traction as firms seek efficiency and expanded capabilities. For instance, certain companies have publicly announced plans to acquire smaller storage facilities or enhance their existing infrastructure to meet the rising operational demands. The market valuation for firms including BP, VTTI, and TotalEnergies has seen substantial growth, reflecting the industry's resilience and adaptability. Furthermore, organizations like Enbridge and Williams Companies are continuously upgrading their technological capabilities, which is crucial for optimizing their storage facilities. This period of growth is reshaping competitive strategies in the storage sector, demonstrating a commitment to improved efficiency and sustainability to align with global energy transition goals. Such strategic movements underscore the ongoing transformation in the oil and gas storage landscape, as key players position themselves for future market demands.

    Oil Gas Storage Market Segmentation Insights

      • Oil Gas Storage Market Storage Type Outlook

        • Above Ground Tanks
        • Below Ground Tanks
        • Floating Storage Units
        • Underground Caverns
      • Oil Gas Storage Market Material Type Outlook

        • Steel
        • Plastic
        • Fiber Reinforced Plastic
        • Concrete
      • Oil Gas Storage Market Region Type Outlook

        • Commercial Storage
        • Strategic Storage
        • Emergency Storage
      • Oil Gas Storage Market Regional Outlook

        • North America
        • Europe
        • South America
        • Asia Pacific
        • Middle East and Africa

    Market Size & Forecast

    Attribute/Metric

    Details

    Market Size 2022

    214.48(USD Billion)

    Market Size 2023

    222.29(USD Billion)

    Market Size 2032

    306.5(USD Billion)

    Compound Annual Growth Rate (CAGR)

    3.64% (2024 - 2032)

    Report Coverage

    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

    Base Year

    2023

    Market Forecast Period

    2024 - 2032

    Historical Data

    2019 - 2023

    Market Forecast Units

    USD Billion

    Key Companies Profiled

    ExxonMobil, Chevron, Kinder Morgan, Williams Companies, TC Energy, VTTI, Enbridge, BP, Gibson Energy, TotalEnergies, Oiltanking GmbH, Buckeye Partners, Royal Dutch Shell, Plains All American Pipeline, Magellan Midstream Partners

    Segments Covered

    Storage Type, Material Type, End Use, Region Type, Regional

    Key Market Opportunities

    Increasing demand for energy security, Growth in renewable energy integration, Expansion of unconventional oil and gas, Technological advancements in storage solutions, Rising infrastructure investments in emerging markets

    Key Market Dynamics

    Increasing energy demand, Environmental regulations, Technological advancements, Geopolitical tensions, Infrastructure investments

    Countries Covered

    North America, Europe, APAC, South America, MEA

    Major Players

    Oil  Gas Storage Market Segmentation

     

    • Oil Gas Storage Market By Storage Type (USD Billion, 2019-2032)    
      • Above Ground Tanks
      • Below Ground Tanks
      • Floating Storage Units
      • Underground Caverns

     

    • Oil Gas Storage Market By Material Type (USD Billion, 2019-2032)    
      • Steel
      • Plastic
      • Fiber Reinforced Plastic
      • Concrete

     

    • Oil Gas Storage Market By End Use (USD Billion, 2019-2032)    
      • Crude Oil
      • Natural Gas
      • Refined Products
      • Liquefied Natural Gas

     

    • Oil Gas Storage Market By Region Type (USD Billion, 2019-2032)    
      • Commercial Storage
      • Strategic Storage
      • Emergency Storage

     

    • Oil Gas Storage Market By Regional (USD Billion, 2019-2032)    
      • North America
      • Europe
      • South America
      • Asia Pacific
      • Middle East and Africa

     

    Oil  Gas Storage Market Regional Outlook (USD Billion, 2019-2032)

     

     

    • North America Outlook (USD Billion, 2019-2032)
      • North America Oil Gas Storage Market by Storage Type 
        • Above Ground Tanks
        • Below Ground Tanks
        • Floating Storage Units
        • Underground Caverns
      • North America Oil Gas Storage Market by Material Type 
        • Steel
        • Plastic
        • Fiber Reinforced Plastic
        • Concrete
      • North America Oil Gas Storage Market by End Use Type 
        • Crude Oil
        • Natural Gas
        • Refined Products
        • Liquefied Natural Gas
      • North America Oil Gas Storage Market by Region Type 
        • Commercial Storage
        • Strategic Storage
        • Emergency Storage
      • North America Oil Gas Storage Market by Regional Type 
        • US
        • Canada
      • US Outlook (USD Billion, 2019-2032)
      • US Oil Gas Storage Market by Storage Type 
        • Above Ground Tanks
        • Below Ground Tanks
        • Floating Storage Units
        • Underground Caverns
      • US Oil Gas Storage Market by Material Type 
        • Steel
        • Plastic
        • Fiber Reinforced Plastic
        • Concrete
      • US Oil Gas Storage Market by End Use Type 
        • Crude Oil
        • Natural Gas
        • Refined Products
        • Liquefied Natural Gas
      • US Oil Gas Storage Market by Region Type 
        • Commercial Storage
        • Strategic Storage
        • Emergency Storage
      • CANADA Outlook (USD Billion, 2019-2032)
      • CANADA Oil Gas Storage Market by Storage Type 
        • Above Ground Tanks
        • Below Ground Tanks
        • Floating Storage Units
        • Underground Caverns
      • CANADA Oil Gas Storage Market by Material Type 
        • Steel
        • Plastic
        • Fiber Reinforced Plastic
        • Concrete
      • CANADA Oil Gas Storage Market by End Use Type 
        • Crude Oil
        • Natural Gas
        • Refined Products
        • Liquefied Natural Gas
      • CANADA Oil Gas Storage Market by Region Type 
        • Commercial Storage
        • Strategic Storage
        • Emergency Storage
      • Europe Outlook (USD Billion, 2019-2032)
        • Europe Oil Gas Storage Market by Storage Type 
          • Above Ground Tanks
          • Below Ground Tanks
          • Floating Storage Units
          • Underground Caverns
        • Europe Oil Gas Storage Market by Material Type 
          • Steel
          • Plastic
          • Fiber Reinforced Plastic
          • Concrete
        • Europe Oil Gas Storage Market by End Use Type 
          • Crude Oil
          • Natural Gas
          • Refined Products
          • Liquefied Natural Gas
        • Europe Oil Gas Storage Market by Region Type 
          • Commercial Storage
          • Strategic Storage
          • Emergency Storage
        • Europe Oil Gas Storage Market by Regional Type 
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Spain
          • Rest of Europe
        • GERMANY Outlook (USD Billion, 2019-2032)
        • GERMANY Oil Gas Storage Market by Storage Type 
          • Above Ground Tanks
          • Below Ground Tanks
          • Floating Storage Units
          • Underground Caverns
        • GERMANY Oil Gas Storage Market by Material Type 
          • Steel
          • Plastic
          • Fiber Reinforced Plastic
          • Concrete
        • GERMANY Oil Gas Storage Market by End Use Type 
          • Crude Oil
          • Natural Gas
          • Refined Products
          • Liquefied Natural Gas
        • GERMANY Oil Gas Storage Market by Region Type 
          • Commercial Storage
          • Strategic Storage
          • Emergency Storage
        • UK Outlook (USD Billion, 2019-2032)
        • UK Oil Gas Storage Market by Storage Type 
          • Above Ground Tanks
          • Below Ground Tanks
          • Floating Storage Units
          • Underground Caverns
        • UK Oil Gas Storage Market by Material Type 
          • Steel
          • Plastic
          • Fiber Reinforced Plastic
          • Concrete
        • UK Oil Gas Storage Market by End Use Type 
          • Crude Oil
          • Natural Gas
          • Refined Products
          • Liquefied Natural Gas
        • UK Oil Gas Storage Market by Region Type 
          • Commercial Storage
          • Strategic Storage
          • Emergency Storage
        • FRANCE Outlook (USD Billion, 2019-2032)
        • FRANCE Oil Gas Storage Market by Storage Type 
          • Above Ground Tanks
          • Below Ground Tanks
          • Floating Storage Units
          • Underground Caverns
        • FRANCE Oil Gas Storage Market by Material Type 
          • Steel
          • Plastic
          • Fiber Reinforced Plastic
          • Concrete
        • FRANCE Oil Gas Storage Market by End Use Type 
          • Crude Oil
          • Natural Gas
          • Refined Products
          • Liquefied Natural Gas
        • FRANCE Oil Gas Storage Market by Region Type 
          • Commercial Storage
          • Strategic Storage
          • Emergency Storage
        • RUSSIA Outlook (USD Billion, 2019-2032)
        • RUSSIA Oil Gas Storage Market by Storage Type 
          • Above Ground Tanks
          • Below Ground Tanks
          • Floating Storage Units
          • Underground Caverns
        • RUSSIA Oil Gas Storage Market by Material Type 
          • Steel
          • Plastic
          • Fiber Reinforced Plastic
          • Concrete
        • RUSSIA Oil Gas Storage Market by End Use Type 
          • Crude Oil
          • Natural Gas
          • Refined Products
          • Liquefied Natural Gas
        • RUSSIA Oil Gas Storage Market by Region Type 
          • Commercial Storage
          • Strategic Storage
          • Emergency Storage
        • ITALY Outlook (USD Billion, 2019-2032)
        • ITALY Oil Gas Storage Market by Storage Type 
          • Above Ground Tanks
          • Below Ground Tanks
          • Floating Storage Units
          • Underground Caverns
        • ITALY Oil Gas Storage Market by Material Type 
          • Steel
          • Plastic
          • Fiber Reinforced Plastic
          • Concrete
        • ITALY Oil Gas Storage Market by End Use Type 
          • Crude Oil
          • Natural Gas
          • Refined Products
          • Liquefied Natural Gas
        • ITALY Oil Gas Storage Market by Region Type 
          • Commercial Storage
          • Strategic Storage
          • Emergency Storage
        • SPAIN Outlook (USD Billion, 2019-2032)
        • SPAIN Oil Gas Storage Market by Storage Type 
          • Above Ground Tanks
          • Below Ground Tanks
          • Floating Storage Units
          • Underground Caverns
        • SPAIN Oil Gas Storage Market by Material Type 
          • Steel
          • Plastic
          • Fiber Reinforced Plastic
          • Concrete
        • SPAIN Oil Gas Storage Market by End Use Type 
          • Crude Oil
          • Natural Gas
          • Refined Products
          • Liquefied Natural Gas
        • SPAIN Oil Gas Storage Market by Region Type 
          • Commercial Storage
          • Strategic Storage
          • Emergency Storage
        • REST OF EUROPE Outlook (USD Billion, 2019-2032)
        • REST OF EUROPE Oil Gas Storage Market by Storage Type 
          • Above Ground Tanks
          • Below Ground Tanks
          • Floating Storage Units
          • Underground Caverns
        • REST OF EUROPE Oil Gas Storage Market by Material Type 
          • Steel
          • Plastic
          • Fiber Reinforced Plastic
          • Concrete
        • REST OF EUROPE Oil Gas Storage Market by End Use Type 
          • Crude Oil
          • Natural Gas
          • Refined Products
          • Liquefied Natural Gas
        • REST OF EUROPE Oil Gas Storage Market by Region Type 
          • Commercial Storage
          • Strategic Storage
          • Emergency Storage
        • APAC Outlook (USD Billion, 2019-2032)
          • APAC Oil Gas Storage Market by Storage Type 
            • Above Ground Tanks
            • Below Ground Tanks
            • Floating Storage Units
            • Underground Caverns
          • APAC Oil Gas Storage Market by Material Type 
            • Steel
            • Plastic
            • Fiber Reinforced Plastic
            • Concrete
          • APAC Oil Gas Storage Market by End Use Type 
            • Crude Oil
            • Natural Gas
            • Refined Products
            • Liquefied Natural Gas
          • APAC Oil Gas Storage Market by Region Type 
            • Commercial Storage
            • Strategic Storage
            • Emergency Storage
          • APAC Oil Gas Storage Market by Regional Type 
            • China
            • India
            • Japan
            • South Korea
            • Malaysia
            • Thailand
            • Indonesia
            • Rest of APAC
          • CHINA Outlook (USD Billion, 2019-2032)
          • CHINA Oil Gas Storage Market by Storage Type 
            • Above Ground Tanks
            • Below Ground Tanks
            • Floating Storage Units
            • Underground Caverns
          • CHINA Oil Gas Storage Market by Material Type 
            • Steel
            • Plastic
            • Fiber Reinforced Plastic
            • Concrete
          • CHINA Oil Gas Storage Market by End Use Type 
            • Crude Oil
            • Natural Gas
            • Refined Products
            • Liquefied Natural Gas
          • CHINA Oil Gas Storage Market by Region Type 
            • Commercial Storage
            • Strategic Storage
            • Emergency Storage
          • INDIA Outlook (USD Billion, 2019-2032)
          • INDIA Oil Gas Storage Market by Storage Type 
            • Above Ground Tanks
            • Below Ground Tanks
            • Floating Storage Units
            • Underground Caverns
          • INDIA Oil Gas Storage Market by Material Type 
            • Steel
            • Plastic
            • Fiber Reinforced Plastic
            • Concrete
          • INDIA Oil Gas Storage Market by End Use Type 
            • Crude Oil
            • Natural Gas
            • Refined Products
            • Liquefied Natural Gas
          • INDIA Oil Gas Storage Market by Region Type 
            • Commercial Storage
            • Strategic Storage
            • Emergency Storage
          • JAPAN Outlook (USD Billion, 2019-2032)
          • JAPAN Oil Gas Storage Market by Storage Type 
            • Above Ground Tanks
            • Below Ground Tanks
            • Floating Storage Units
            • Underground Caverns
          • JAPAN Oil Gas Storage Market by Material Type 
            • Steel
            • Plastic
            • Fiber Reinforced Plastic
            • Concrete
          • JAPAN Oil Gas Storage Market by End Use Type 
            • Crude Oil
            • Natural Gas
            • Refined Products
            • Liquefied Natural Gas
          • JAPAN Oil Gas Storage Market by Region Type 
            • Commercial Storage
            • Strategic Storage
            • Emergency Storage
          • SOUTH KOREA Outlook (USD Billion, 2019-2032)
          • SOUTH KOREA Oil Gas Storage Market by Storage Type 
            • Above Ground Tanks
            • Below Ground Tanks
            • Floating Storage Units
            • Underground Caverns
          • SOUTH KOREA Oil Gas Storage Market by Material Type 
            • Steel
            • Plastic
            • Fiber Reinforced Plastic
            • Concrete
          • SOUTH KOREA Oil Gas Storage Market by End Use Type 
            • Crude Oil
            • Natural Gas
            • Refined Products
            • Liquefied Natural Gas
          • SOUTH KOREA Oil Gas Storage Market by Region Type 
            • Commercial Storage
            • Strategic Storage
            • Emergency Storage
          • MALAYSIA Outlook (USD Billion, 2019-2032)
          • MALAYSIA Oil Gas Storage Market by Storage Type 
            • Above Ground Tanks
            • Below Ground Tanks
            • Floating Storage Units
            • Underground Caverns
          • MALAYSIA Oil Gas Storage Market by Material Type 
            • Steel
            • Plastic
            • Fiber Reinforced Plastic
            • Concrete
          • MALAYSIA Oil Gas Storage Market by End Use Type 
            • Crude Oil
            • Natural Gas
            • Refined Products
            • Liquefied Natural Gas
          • MALAYSIA Oil Gas Storage Market by Region Type 
            • Commercial Storage
            • Strategic Storage
            • Emergency Storage
          • THAILAND Outlook (USD Billion, 2019-2032)
          • THAILAND Oil Gas Storage Market by Storage Type 
            • Above Ground Tanks
            • Below Ground Tanks
            • Floating Storage Units
            • Underground Caverns
          • THAILAND Oil Gas Storage Market by Material Type 
            • Steel
            • Plastic
            • Fiber Reinforced Plastic
            • Concrete
          • THAILAND Oil Gas Storage Market by End Use Type 
            • Crude Oil
            • Natural Gas
            • Refined Products
            • Liquefied Natural Gas
          • THAILAND Oil Gas Storage Market by Region Type 
            • Commercial Storage
            • Strategic Storage
            • Emergency Storage
          • INDONESIA Outlook (USD Billion, 2019-2032)
          • INDONESIA Oil Gas Storage Market by Storage Type 
            • Above Ground Tanks
            • Below Ground Tanks
            • Floating Storage Units
            • Underground Caverns
          • INDONESIA Oil Gas Storage Market by Material Type 
            • Steel
            • Plastic
            • Fiber Reinforced Plastic
            • Concrete
          • INDONESIA Oil Gas Storage Market by End Use Type 
            • Crude Oil
            • Natural Gas
            • Refined Products
            • Liquefied Natural Gas
          • INDONESIA Oil Gas Storage Market by Region Type 
            • Commercial Storage
            • Strategic Storage
            • Emergency Storage
          • REST OF APAC Outlook (USD Billion, 2019-2032)
          • REST OF APAC Oil Gas Storage Market by Storage Type 
            • Above Ground Tanks
            • Below Ground Tanks
            • Floating Storage Units
            • Underground Caverns
          • REST OF APAC Oil Gas Storage Market by Material Type 
            • Steel
            • Plastic
            • Fiber Reinforced Plastic
            • Concrete
          • REST OF APAC Oil Gas Storage Market by End Use Type 
            • Crude Oil
            • Natural Gas
            • Refined Products
            • Liquefied Natural Gas
          • REST OF APAC Oil Gas Storage Market by Region Type 
            • Commercial Storage
            • Strategic Storage
            • Emergency Storage
          • South America Outlook (USD Billion, 2019-2032)
            • South America Oil Gas Storage Market by Storage Type 
              • Above Ground Tanks
              • Below Ground Tanks
              • Floating Storage Units
              • Underground Caverns
            • South America Oil Gas Storage Market by Material Type 
              • Steel
              • Plastic
              • Fiber Reinforced Plastic
              • Concrete
            • South America Oil Gas Storage Market by End Use Type 
              • Crude Oil
              • Natural Gas
              • Refined Products
              • Liquefied Natural Gas
            • South America Oil Gas Storage Market by Region Type 
              • Commercial Storage
              • Strategic Storage
              • Emergency Storage
            • South America Oil Gas Storage Market by Regional Type 
              • Brazil
              • Mexico
              • Argentina
              • Rest of South America
            • BRAZIL Outlook (USD Billion, 2019-2032)
            • BRAZIL Oil Gas Storage Market by Storage Type 
              • Above Ground Tanks
              • Below Ground Tanks
              • Floating Storage Units
              • Underground Caverns
            • BRAZIL Oil Gas Storage Market by Material Type 
              • Steel
              • Plastic
              • Fiber Reinforced Plastic
              • Concrete
            • BRAZIL Oil Gas Storage Market by End Use Type 
              • Crude Oil
              • Natural Gas
              • Refined Products
              • Liquefied Natural Gas
            • BRAZIL Oil Gas Storage Market by Region Type 
              • Commercial Storage
              • Strategic Storage
              • Emergency Storage
            • MEXICO Outlook (USD Billion, 2019-2032)
            • MEXICO Oil Gas Storage Market by Storage Type 
              • Above Ground Tanks
              • Below Ground Tanks
              • Floating Storage Units
              • Underground Caverns
            • MEXICO Oil Gas Storage Market by Material Type 
              • Steel
              • Plastic
              • Fiber Reinforced Plastic
              • Concrete
            • MEXICO Oil Gas Storage Market by End Use Type 
              • Crude Oil
              • Natural Gas
              • Refined Products
              • Liquefied Natural Gas
            • MEXICO Oil Gas Storage Market by Region Type 
              • Commercial Storage
              • Strategic Storage
              • Emergency Storage
            • ARGENTINA Outlook (USD Billion, 2019-2032)
            • ARGENTINA Oil Gas Storage Market by Storage Type 
              • Above Ground Tanks
              • Below Ground Tanks
              • Floating Storage Units
              • Underground Caverns
            • ARGENTINA Oil Gas Storage Market by Material Type 
              • Steel
              • Plastic
              • Fiber Reinforced Plastic
              • Concrete
            • ARGENTINA Oil Gas Storage Market by End Use Type 
              • Crude Oil
              • Natural Gas
              • Refined Products
              • Liquefied Natural Gas
            • ARGENTINA Oil Gas Storage Market by Region Type 
              • Commercial Storage
              • Strategic Storage
              • Emergency Storage
            • REST OF SOUTH AMERICA Outlook (USD Billion, 2019-2032)
            • REST OF SOUTH AMERICA Oil Gas Storage Market by Storage Type 
              • Above Ground Tanks
              • Below Ground Tanks
              • Floating Storage Units
              • Underground Caverns
            • REST OF SOUTH AMERICA Oil Gas Storage Market by Material Type 
              • Steel
              • Plastic
              • Fiber Reinforced Plastic
              • Concrete
            • REST OF SOUTH AMERICA Oil Gas Storage Market by End Use Type 
              • Crude Oil
              • Natural Gas
              • Refined Products
              • Liquefied Natural Gas
            • REST OF SOUTH AMERICA Oil Gas Storage Market by Region Type 
              • Commercial Storage
              • Strategic Storage
              • Emergency Storage
            • MEA Outlook (USD Billion, 2019-2032)
              • MEA Oil Gas Storage Market by Storage Type 
                • Above Ground Tanks
                • Below Ground Tanks
                • Floating Storage Units
                • Underground Caverns
              • MEA Oil Gas Storage Market by Material Type 
                • Steel
                • Plastic
                • Fiber Reinforced Plastic
                • Concrete
              • MEA Oil Gas Storage Market by End Use Type 
                • Crude Oil
                • Natural Gas
                • Refined Products
                • Liquefied Natural Gas
              • MEA Oil Gas Storage Market by Region Type 
                • Commercial Storage
                • Strategic Storage
                • Emergency Storage
              • MEA Oil Gas Storage Market by Regional Type 
                • GCC Countries
                • South Africa
                • Rest of MEA
              • GCC COUNTRIES Outlook (USD Billion, 2019-2032)
              • GCC COUNTRIES Oil Gas Storage Market by Storage Type 
                • Above Ground Tanks
                • Below Ground Tanks
                • Floating Storage Units
                • Underground Caverns
              • GCC COUNTRIES Oil Gas Storage Market by Material Type 
                • Steel
                • Plastic
                • Fiber Reinforced Plastic
                • Concrete
              • GCC COUNTRIES Oil Gas Storage Market by End Use Type 
                • Crude Oil
                • Natural Gas
                • Refined Products
                • Liquefied Natural Gas
              • GCC COUNTRIES Oil Gas Storage Market by Region Type 
                • Commercial Storage
                • Strategic Storage
                • Emergency Storage
              • SOUTH AFRICA Outlook (USD Billion, 2019-2032)
              • SOUTH AFRICA Oil Gas Storage Market by Storage Type 
                • Above Ground Tanks
                • Below Ground Tanks
                • Floating Storage Units
                • Underground Caverns
              • SOUTH AFRICA Oil Gas Storage Market by Material Type 
                • Steel
                • Plastic
                • Fiber Reinforced Plastic
                • Concrete
              • SOUTH AFRICA Oil Gas Storage Market by End Use Type 
                • Crude Oil
                • Natural Gas
                • Refined Products
                • Liquefied Natural Gas
              • SOUTH AFRICA Oil Gas Storage Market by Region Type 
                • Commercial Storage
                • Strategic Storage
                • Emergency Storage
              • REST OF MEA Outlook (USD Billion, 2019-2032)
              • REST OF MEA Oil Gas Storage Market by Storage Type 
                • Above Ground Tanks
                • Below Ground Tanks
                • Floating Storage Units
                • Underground Caverns
              • REST OF MEA Oil Gas Storage Market by Material Type 
                • Steel
                • Plastic
                • Fiber Reinforced Plastic
                • Concrete
              • REST OF MEA Oil Gas Storage Market by End Use Type 
                • Crude Oil
                • Natural Gas
                • Refined Products
                • Liquefied Natural Gas
              • REST OF MEA Oil Gas Storage Market by Region Type 
                • Commercial Storage
                • Strategic Storage
                • Emergency Storage

    Market Trends

    Global Oil Gas Storage Market Overview

    As per MRFR analysis, the Oil Gas Storage Market Size was estimated at 214.48 (USD Billion) in 2022. The Oil Gas Storage Market Industry is expected to grow from 222.29(USD Billion) in 2023 to 306.5 (USD Billion) by 2032. The Oil Gas Storage Market CAGR (growth rate) is expected to be around 3.64% during the forecast period (2024 - 2032).

    Key Oil Gas Storage Market Trends Highlighted

    The Oil Gas Storage Market is propelled by the surge in the demand for energy coupled with the delicacies associated with global supply chains. The expansion of renewable sources energy also calls for enhanced storage options for fossil fuels resulting to increased investments in constructing new storage and maintaining the existing ones. Alterations in regulations aimed at bettering energy security and sustainability have also added pressure on companies to invest in increasing their storage capacity. With the shift in political relations affecting the global oil supply and demand, there is more focus on holding storage solutions that are safe and reliable. This market has great opportunities with the increase in liquefied natural gas (LNG) and the growing demand in the strategic petroleum reserve.

    It is possible for companies to create value by making investments in innovative technology like automation and IoT to optimize on storage efficiency and facilitate for monitoring. The shift ...

    Market Segment Insights

    Smartphone Sensors Smartphone Type Insights

    The Smartphone Sensors market segmentation, based on smartphone type, includes standard smartphone, rugged smartphone, smartwatches, and other wearable. The standard smartphone segment dominated the market, accounting for the maximum market revenue. A smartphone is a mobile phone with a built-in computer and advanced features, such as web browsing and operating system, which are not associated with its counterpart. The rising mobile internet use, rising disposable income in developing countries, and high ownership of premium design smartphones are a few factors that are anticipated to grow smartphone sales. Smartphones are helped by a mobile operating system that offers advanced computing facilities. A smartphone can also work as a digital media player for uploading photos, videos, and music through a single interface.

    Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035

    Smartphone Sensors Manufacturer Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Application Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Regional Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035

    Smartphone Sensors Price Insights

    The Smartphone Sensors market segmentation, based on price, includes USD 300 to USD 500, USD 100 to USD 300, above USD 500, and under USD 100. The USD 300 to USD 500 segment dominated the market revenue in the projected period. Most smartphones sold in medium-end devices have a sensor within this range. For instance: Nubia launched a new flagship Android device powered by the latest Snapdragon 8Gen 2CPU. The OEM has also specified that this gadget, which peculiarly seems to go by the name Z50 even though its processor was the z40 Pro, will compete with the Xiaomi 13 and iQOO11 series with cutting-edge LPDDR5X RAM and storage with the most recent UFS 4.0 spec.

    Get more detailed insights about Oil and Gas Storage Market

    Key Players and Competitive Insights

    Leading market players are investing heavily in research and development to expand their product lines, which will help the Smartphone Sensors market, grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and growing market climate, the Smartphone Sensors industry must offer cost-effective items.

    Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Smartphone Sensors industry to benefit clients and increase the market sector. In recent years, the Smartphone Sensors industry has offered manufacturers some of the most significant advantages. Major players in the Smartphone Sensors market, including MS AG (Austria), Broadcom Inc. (US), DYNA IMAGE Corporation (China), Murata Electronics Oy (Finland), NEXT Biometrics Group ASA (Norway), Omron Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea), Sony Corporation (Japan)., and others, are attempting to increase market demand by investing in research and development operations.

    Samsung is dedicated to abiding by local laws and regulations and enforcing a strict code of conduct for all employees. Samsung adheres to a straightforward business tent: to usage its technology and expertise to develop top-notch goods and services that make a more cultured world. Samsung provides a high importance on its people and technologies to do this. For Instance: In January 2023, Samsung Electronics launched its new MICRO LED, Neo QLED, and Samsung OLED product lines, along with lifestyle products and accessories, before CES® 2023.

    Apple Inc. is a multinational American technology business with its main office in Cupertino, California. According to revenue, Apple will be the top technological business in the world in 2022, with US $ 394.3 billion in sales. According to market capitalization, Apple is the largest corporation in the world as of March 2023. For Instance: In September 2022, the iPhone 14 and iPhone 14 Plus, which come in two sizes, 6.1 and 6.7 inches and include a smart design, camera upgrades, and game-changing new safety measures, were introduced by Apple. The iPhone 14 and iPhone 14 Plus have a powerful camera system that incorporates the primary and front TrueDepth cameras, the Ultra Wide camera for uncommon perspectives, and the photonic engine, an enhanced picture pipeline.

    Key Companies in the Smartphone Sensors market include

    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)

    Industry Developments

    • September 2022: Comcast and Samsung Electronics announced their partnership to create 5G Radio Access Network (RAN) technologies to enhance 5G connection for Xfinity Mobile and Comcast Business Mobile users in Comcast service zones. Samsung will provide 5G RAN technology, and Comcast will deploy Citizens Broadband Radio Service (CBRS) and 600 MHz spectrum to provide 5G access to consumer and business users in the US.
    • October 2022: Huawei announced the release of the newest antenna solutions, including the Maxwell platform and the X2 antenna series, for the subsequent 5G antenna innovation stage. The new technologies speed up 5G deployment by improving antenna and setup capabilities.

    Market Segmentation

    Smartphone Type Outlook

    • Standard Smartphone
    • Rugged Smartphone
    • Smartwatches
    • Other Wearable

    Price Outlook

    • USD 300 to USD 500
    • USD 100 to USD 300
    • Above USD 500
    • Under USD 100

    Manufacturer Outlook

    • Apple Inc.
    • Samsung Electronics
    • Huawei Technology
    • Xiaomi Inc.
    • Oppo
    • Sony Corporation
    • HMD Global

    Application Outlook

    • High-Level
    • Mid-Level
    • Low-Level

    Manufacturer Outlook

    North America
    • US
    • Canada
    Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
    Asia-Pacific
    • China
    • Japan
    • India
    • Italy
    • Australia
    • South Korea
    • Rest of Asia-Pacific
    Rest of the World
    • Middle East
    • Africa
    • Latin America

    Report Scope

    Attribute/Metric

    Details

    Market Size 2022

    214.48(USD Billion)

    Market Size 2023

    222.29(USD Billion)

    Market Size 2032

    306.5(USD Billion)

    Compound Annual Growth Rate (CAGR)

    3.64% (2024 - 2032)

    Report Coverage

    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

    Base Year

    2023

    Market Forecast Period

    2024 - 2032

    Historical Data

    2019 - 2023

    Market Forecast Units

    USD Billion

    Key Companies Profiled

    ExxonMobil, Chevron, Kinder Morgan, Williams Companies, TC Energy, VTTI, Enbridge, BP, Gibson Energy, TotalEnergies, Oiltanking GmbH, Buckeye Partners, Royal Dutch Shell, Plains All American Pipeline, Magellan Midstream Partners

    Segments Covered

    Storage Type, Material Type, End Use, Region Type, Regional

    Key Market Opportunities

    Increasing demand for energy security, Growth in renewable energy integration, Expansion of unconventional oil and gas, Technological advancements in storage solutions, Rising infrastructure investments in emerging markets

    Key Market Dynamics

    Increasing energy demand, Environmental regulations, Technological advancements, Geopolitical tensions, Infrastructure investments

    Countries Covered

    North America, Europe, APAC, South America, MEA

    Market Highlights

    Author

    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    Posted on July 22, 2025, 7:45 PM

    FAQs

    At what rate of growth is the oil and gas storage market expected to expand?

    The oil and gas storage market is poised to mark 4.11% CAGR.

    What is estimated to be the valuation of the oil and gas storage market?

    The valuation of the oil and gas storage market is supposed to be USD 5.34 Bn by 2025.

    What are the segments of the oil and gas storage market on the basis of product type?

    The segments of the oil and gas storage market, on the basis of type, are oil and natural gas.

    What are the segments of the oil and gas storage market based on storage type?

    The storage type-based segments of the oil and gas storage market are underground and aboveground.

    Which key players are expected to support the growth trajectory of the oil and gas storage market?

    The key players assessed to support growth of the oil and gas storage market are Belco Manufacturing Co. Inc. (US), Synalloy Corporation (US), Energy Transfer Partners, LP. (Sunoco Logistics Partners) (US), Columbian TecTank, Inc. (US), L. F. Manufacturing, Inc. (US), Containment Solutions, Inc. (US), Oiltanking GmbH (Germany), Red Ewald Inc. (US), Poly Processing Company, Inc. (US), and ZCL Composites Inc. (Canada).

    Oil  Gas Storage Market Segmentation

     

    • Oil Gas Storage Market By Storage Type (USD Billion, 2019-2032)    
      • Above Ground Tanks
      • Below Ground Tanks
      • Floating Storage Units
      • Underground Caverns

     

    • Oil Gas Storage Market By Material Type (USD Billion, 2019-2032)    
      • Steel
      • Plastic
      • Fiber Reinforced Plastic
      • Concrete

     

    • Oil Gas Storage Market By End Use (USD Billion, 2019-2032)    
      • Crude Oil
      • Natural Gas
      • Refined Products
      • Liquefied Natural Gas

     

    • Oil Gas Storage Market By Region Type (USD Billion, 2019-2032)    
      • Commercial Storage
      • Strategic Storage
      • Emergency Storage

     

    • Oil Gas Storage Market By Regional (USD Billion, 2019-2032)    
      • North America
      • Europe
      • South America
      • Asia Pacific
      • Middle East and Africa

     

    Oil  Gas Storage Market Regional Outlook (USD Billion, 2019-2032)

     

     

    • North America Outlook (USD Billion, 2019-2032)
      • North America Oil Gas Storage Market by Storage Type 
        • Above Ground Tanks
        • Below Ground Tanks
        • Floating Storage Units
        • Underground Caverns
      • North America Oil Gas Storage Market by Material Type 
        • Steel
        • Plastic
        • Fiber Reinforced Plastic
        • Concrete
      • North America Oil Gas Storage Market by End Use Type 
        • Crude Oil
        • Natural Gas
        • Refined Products
        • Liquefied Natural Gas
      • North America Oil Gas Storage Market by Region Type 
        • Commercial Storage
        • Strategic Storage
        • Emergency Storage
      • North America Oil Gas Storage Market by Regional Type 
        • US
        • Canada
      • US Outlook (USD Billion, 2019-2032)
      • US Oil Gas Storage Market by Storage Type 
        • Above Ground Tanks
        • Below Ground Tanks
        • Floating Storage Units
        • Underground Caverns
      • US Oil Gas Storage Market by Material Type 
        • Steel
        • Plastic
        • Fiber Reinforced Plastic
        • Concrete
      • US Oil Gas Storage Market by End Use Type 
        • Crude Oil
        • Natural Gas
        • Refined Products
        • Liquefied Natural Gas
      • US Oil Gas Storage Market by Region Type 
        • Commercial Storage
        • Strategic Storage
        • Emergency Storage
      • CANADA Outlook (USD Billion, 2019-2032)
      • CANADA Oil Gas Storage Market by Storage Type 
        • Above Ground Tanks
        • Below Ground Tanks
        • Floating Storage Units
        • Underground Caverns
      • CANADA Oil Gas Storage Market by Material Type 
        • Steel
        • Plastic
        • Fiber Reinforced Plastic
        • Concrete
      • CANADA Oil Gas Storage Market by End Use Type 
        • Crude Oil
        • Natural Gas
        • Refined Products
        • Liquefied Natural Gas
      • CANADA Oil Gas Storage Market by Region Type 
        • Commercial Storage
        • Strategic Storage
        • Emergency Storage
      • Europe Outlook (USD Billion, 2019-2032)
        • Europe Oil Gas Storage Market by Storage Type 
          • Above Ground Tanks
          • Below Ground Tanks
          • Floating Storage Units
          • Underground Caverns
        • Europe Oil Gas Storage Market by Material Type 
          • Steel
          • Plastic
          • Fiber Reinforced Plastic
          • Concrete
        • Europe Oil Gas Storage Market by End Use Type 
          • Crude Oil
          • Natural Gas
          • Refined Products
          • Liquefied Natural Gas
        • Europe Oil Gas Storage Market by Region Type 
          • Commercial Storage
          • Strategic Storage
          • Emergency Storage
        • Europe Oil Gas Storage Market by Regional Type 
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Spain
          • Rest of Europe
        • GERMANY Outlook (USD Billion, 2019-2032)
        • GERMANY Oil Gas Storage Market by Storage Type 
          • Above Ground Tanks
          • Below Ground Tanks
          • Floating Storage Units
          • Underground Caverns
        • GERMANY Oil Gas Storage Market by Material Type 
          • Steel
          • Plastic
          • Fiber Reinforced Plastic
          • Concrete
        • GERMANY Oil Gas Storage Market by End Use Type 
          • Crude Oil
          • Natural Gas
          • Refined Products
          • Liquefied Natural Gas
        • GERMANY Oil Gas Storage Market by Region Type 
          • Commercial Storage
          • Strategic Storage
          • Emergency Storage
        • UK Outlook (USD Billion, 2019-2032)
        • UK Oil Gas Storage Market by Storage Type 
          • Above Ground Tanks
          • Below Ground Tanks
          • Floating Storage Units
          • Underground Caverns
        • UK Oil Gas Storage Market by Material Type 
          • Steel
          • Plastic
          • Fiber Reinforced Plastic
          • Concrete
        • UK Oil Gas Storage Market by End Use Type 
          • Crude Oil
          • Natural Gas
          • Refined Products
          • Liquefied Natural Gas
        • UK Oil Gas Storage Market by Region Type 
          • Commercial Storage
          • Strategic Storage
          • Emergency Storage
        • FRANCE Outlook (USD Billion, 2019-2032)
        • FRANCE Oil Gas Storage Market by Storage Type 
          • Above Ground Tanks
          • Below Ground Tanks
          • Floating Storage Units
          • Underground Caverns
        • FRANCE Oil Gas Storage Market by Material Type 
          • Steel
          • Plastic
          • Fiber Reinforced Plastic
          • Concrete
        • FRANCE Oil Gas Storage Market by End Use Type 
          • Crude Oil
          • Natural Gas
          • Refined Products
          • Liquefied Natural Gas
        • FRANCE Oil Gas Storage Market by Region Type 
          • Commercial Storage
          • Strategic Storage
          • Emergency Storage
        • RUSSIA Outlook (USD Billion, 2019-2032)
        • RUSSIA Oil Gas Storage Market by Storage Type 
          • Above Ground Tanks
          • Below Ground Tanks
          • Floating Storage Units
          • Underground Caverns
        • RUSSIA Oil Gas Storage Market by Material Type 
          • Steel
          • Plastic
          • Fiber Reinforced Plastic
          • Concrete
        • RUSSIA Oil Gas Storage Market by End Use Type 
          • Crude Oil
          • Natural Gas
          • Refined Products
          • Liquefied Natural Gas
        • RUSSIA Oil Gas Storage Market by Region Type 
          • Commercial Storage
          • Strategic Storage
          • Emergency Storage
        • ITALY Outlook (USD Billion, 2019-2032)
        • ITALY Oil Gas Storage Market by Storage Type 
          • Above Ground Tanks
          • Below Ground Tanks
          • Floating Storage Units
          • Underground Caverns
        • ITALY Oil Gas Storage Market by Material Type 
          • Steel
          • Plastic
          • Fiber Reinforced Plastic
          • Concrete
        • ITALY Oil Gas Storage Market by End Use Type 
          • Crude Oil
          • Natural Gas
          • Refined Products
          • Liquefied Natural Gas
        • ITALY Oil Gas Storage Market by Region Type 
          • Commercial Storage
          • Strategic Storage
          • Emergency Storage
        • SPAIN Outlook (USD Billion, 2019-2032)
        • SPAIN Oil Gas Storage Market by Storage Type 
          • Above Ground Tanks
          • Below Ground Tanks
          • Floating Storage Units
          • Underground Caverns
        • SPAIN Oil Gas Storage Market by Material Type 
          • Steel
          • Plastic
          • Fiber Reinforced Plastic
          • Concrete
        • SPAIN Oil Gas Storage Market by End Use Type 
          • Crude Oil
          • Natural Gas
          • Refined Products
          • Liquefied Natural Gas
        • SPAIN Oil Gas Storage Market by Region Type 
          • Commercial Storage
          • Strategic Storage
          • Emergency Storage
        • REST OF EUROPE Outlook (USD Billion, 2019-2032)
        • REST OF EUROPE Oil Gas Storage Market by Storage Type 
          • Above Ground Tanks
          • Below Ground Tanks
          • Floating Storage Units
          • Underground Caverns
        • REST OF EUROPE Oil Gas Storage Market by Material Type 
          • Steel
          • Plastic
          • Fiber Reinforced Plastic
          • Concrete
        • REST OF EUROPE Oil Gas Storage Market by End Use Type 
          • Crude Oil
          • Natural Gas
          • Refined Products
          • Liquefied Natural Gas
        • REST OF EUROPE Oil Gas Storage Market by Region Type 
          • Commercial Storage
          • Strategic Storage
          • Emergency Storage
        • APAC Outlook (USD Billion, 2019-2032)
          • APAC Oil Gas Storage Market by Storage Type 
            • Above Ground Tanks
            • Below Ground Tanks
            • Floating Storage Units
            • Underground Caverns
          • APAC Oil Gas Storage Market by Material Type 
            • Steel
            • Plastic
            • Fiber Reinforced Plastic
            • Concrete
          • APAC Oil Gas Storage Market by End Use Type 
            • Crude Oil
            • Natural Gas
            • Refined Products
            • Liquefied Natural Gas
          • APAC Oil Gas Storage Market by Region Type 
            • Commercial Storage
            • Strategic Storage
            • Emergency Storage
          • APAC Oil Gas Storage Market by Regional Type 
            • China
            • India
            • Japan
            • South Korea
            • Malaysia
            • Thailand
            • Indonesia
            • Rest of APAC
          • CHINA Outlook (USD Billion, 2019-2032)
          • CHINA Oil Gas Storage Market by Storage Type 
            • Above Ground Tanks
            • Below Ground Tanks
            • Floating Storage Units
            • Underground Caverns
          • CHINA Oil Gas Storage Market by Material Type 
            • Steel
            • Plastic
            • Fiber Reinforced Plastic
            • Concrete
          • CHINA Oil Gas Storage Market by End Use Type 
            • Crude Oil
            • Natural Gas
            • Refined Products
            • Liquefied Natural Gas
          • CHINA Oil Gas Storage Market by Region Type 
            • Commercial Storage
            • Strategic Storage
            • Emergency Storage
          • INDIA Outlook (USD Billion, 2019-2032)
          • INDIA Oil Gas Storage Market by Storage Type 
            • Above Ground Tanks
            • Below Ground Tanks
            • Floating Storage Units
            • Underground Caverns
          • INDIA Oil Gas Storage Market by Material Type 
            • Steel
            • Plastic
            • Fiber Reinforced Plastic
            • Concrete
          • INDIA Oil Gas Storage Market by End Use Type 
            • Crude Oil
            • Natural Gas
            • Refined Products
            • Liquefied Natural Gas
          • INDIA Oil Gas Storage Market by Region Type 
            • Commercial Storage
            • Strategic Storage
            • Emergency Storage
          • JAPAN Outlook (USD Billion, 2019-2032)
          • JAPAN Oil Gas Storage Market by Storage Type 
            • Above Ground Tanks
            • Below Ground Tanks
            • Floating Storage Units
            • Underground Caverns
          • JAPAN Oil Gas Storage Market by Material Type 
            • Steel
            • Plastic
            • Fiber Reinforced Plastic
            • Concrete
          • JAPAN Oil Gas Storage Market by End Use Type 
            • Crude Oil
            • Natural Gas
            • Refined Products
            • Liquefied Natural Gas
          • JAPAN Oil Gas Storage Market by Region Type 
            • Commercial Storage
            • Strategic Storage
            • Emergency Storage
          • SOUTH KOREA Outlook (USD Billion, 2019-2032)
          • SOUTH KOREA Oil Gas Storage Market by Storage Type 
            • Above Ground Tanks
            • Below Ground Tanks
            • Floating Storage Units
            • Underground Caverns
          • SOUTH KOREA Oil Gas Storage Market by Material Type 
            • Steel
            • Plastic
            • Fiber Reinforced Plastic
            • Concrete
          • SOUTH KOREA Oil Gas Storage Market by End Use Type 
            • Crude Oil
            • Natural Gas
            • Refined Products
            • Liquefied Natural Gas
          • SOUTH KOREA Oil Gas Storage Market by Region Type 
            • Commercial Storage
            • Strategic Storage
            • Emergency Storage
          • MALAYSIA Outlook (USD Billion, 2019-2032)
          • MALAYSIA Oil Gas Storage Market by Storage Type 
            • Above Ground Tanks
            • Below Ground Tanks
            • Floating Storage Units
            • Underground Caverns
          • MALAYSIA Oil Gas Storage Market by Material Type 
            • Steel
            • Plastic
            • Fiber Reinforced Plastic
            • Concrete
          • MALAYSIA Oil Gas Storage Market by End Use Type 
            • Crude Oil
            • Natural Gas
            • Refined Products
            • Liquefied Natural Gas
          • MALAYSIA Oil Gas Storage Market by Region Type 
            • Commercial Storage
            • Strategic Storage
            • Emergency Storage
          • THAILAND Outlook (USD Billion, 2019-2032)
          • THAILAND Oil Gas Storage Market by Storage Type 
            • Above Ground Tanks
            • Below Ground Tanks
            • Floating Storage Units
            • Underground Caverns
          • THAILAND Oil Gas Storage Market by Material Type 
            • Steel
            • Plastic
            • Fiber Reinforced Plastic
            • Concrete
          • THAILAND Oil Gas Storage Market by End Use Type 
            • Crude Oil
            • Natural Gas
            • Refined Products
            • Liquefied Natural Gas
          • THAILAND Oil Gas Storage Market by Region Type 
            • Commercial Storage
            • Strategic Storage
            • Emergency Storage
          • INDONESIA Outlook (USD Billion, 2019-2032)
          • INDONESIA Oil Gas Storage Market by Storage Type 
            • Above Ground Tanks
            • Below Ground Tanks
            • Floating Storage Units
            • Underground Caverns
          • INDONESIA Oil Gas Storage Market by Material Type 
            • Steel
            • Plastic
            • Fiber Reinforced Plastic
            • Concrete
          • INDONESIA Oil Gas Storage Market by End Use Type 
            • Crude Oil
            • Natural Gas
            • Refined Products
            • Liquefied Natural Gas
          • INDONESIA Oil Gas Storage Market by Region Type 
            • Commercial Storage
            • Strategic Storage
            • Emergency Storage
          • REST OF APAC Outlook (USD Billion, 2019-2032)
          • REST OF APAC Oil Gas Storage Market by Storage Type 
            • Above Ground Tanks
            • Below Ground Tanks
            • Floating Storage Units
            • Underground Caverns
          • REST OF APAC Oil Gas Storage Market by Material Type 
            • Steel
            • Plastic
            • Fiber Reinforced Plastic
            • Concrete
          • REST OF APAC Oil Gas Storage Market by End Use Type 
            • Crude Oil
            • Natural Gas
            • Refined Products
            • Liquefied Natural Gas
          • REST OF APAC Oil Gas Storage Market by Region Type 
            • Commercial Storage
            • Strategic Storage
            • Emergency Storage
          • South America Outlook (USD Billion, 2019-2032)
            • South America Oil Gas Storage Market by Storage Type 
              • Above Ground Tanks
              • Below Ground Tanks
              • Floating Storage Units
              • Underground Caverns
            • South America Oil Gas Storage Market by Material Type 
              • Steel
              • Plastic
              • Fiber Reinforced Plastic
              • Concrete
            • South America Oil Gas Storage Market by End Use Type 
              • Crude Oil
              • Natural Gas
              • Refined Products
              • Liquefied Natural Gas
            • South America Oil Gas Storage Market by Region Type 
              • Commercial Storage
              • Strategic Storage
              • Emergency Storage
            • South America Oil Gas Storage Market by Regional Type 
              • Brazil
              • Mexico
              • Argentina
              • Rest of South America
            • BRAZIL Outlook (USD Billion, 2019-2032)
            • BRAZIL Oil Gas Storage Market by Storage Type 
              • Above Ground Tanks
              • Below Ground Tanks
              • Floating Storage Units
              • Underground Caverns
            • BRAZIL Oil Gas Storage Market by Material Type 
              • Steel
              • Plastic
              • Fiber Reinforced Plastic
              • Concrete
            • BRAZIL Oil Gas Storage Market by End Use Type 
              • Crude Oil
              • Natural Gas
              • Refined Products
              • Liquefied Natural Gas
            • BRAZIL Oil Gas Storage Market by Region Type 
              • Commercial Storage
              • Strategic Storage
              • Emergency Storage
            • MEXICO Outlook (USD Billion, 2019-2032)
            • MEXICO Oil Gas Storage Market by Storage Type 
              • Above Ground Tanks
              • Below Ground Tanks
              • Floating Storage Units
              • Underground Caverns
            • MEXICO Oil Gas Storage Market by Material Type 
              • Steel
              • Plastic
              • Fiber Reinforced Plastic
              • Concrete
            • MEXICO Oil Gas Storage Market by End Use Type 
              • Crude Oil
              • Natural Gas
              • Refined Products
              • Liquefied Natural Gas
            • MEXICO Oil Gas Storage Market by Region Type 
              • Commercial Storage
              • Strategic Storage
              • Emergency Storage
            • ARGENTINA Outlook (USD Billion, 2019-2032)
            • ARGENTINA Oil Gas Storage Market by Storage Type 
              • Above Ground Tanks
              • Below Ground Tanks
              • Floating Storage Units
              • Underground Caverns
            • ARGENTINA Oil Gas Storage Market by Material Type 
              • Steel
              • Plastic
              • Fiber Reinforced Plastic
              • Concrete
            • ARGENTINA Oil Gas Storage Market by End Use Type 
              • Crude Oil
              • Natural Gas
              • Refined Products
              • Liquefied Natural Gas
            • ARGENTINA Oil Gas Storage Market by Region Type 
              • Commercial Storage
              • Strategic Storage
              • Emergency Storage
            • REST OF SOUTH AMERICA Outlook (USD Billion, 2019-2032)
            • REST OF SOUTH AMERICA Oil Gas Storage Market by Storage Type 
              • Above Ground Tanks
              • Below Ground Tanks
              • Floating Storage Units
              • Underground Caverns
            • REST OF SOUTH AMERICA Oil Gas Storage Market by Material Type 
              • Steel
              • Plastic
              • Fiber Reinforced Plastic
              • Concrete
            • REST OF SOUTH AMERICA Oil Gas Storage Market by End Use Type 
              • Crude Oil
              • Natural Gas
              • Refined Products
              • Liquefied Natural Gas
            • REST OF SOUTH AMERICA Oil Gas Storage Market by Region Type 
              • Commercial Storage
              • Strategic Storage
              • Emergency Storage
            • MEA Outlook (USD Billion, 2019-2032)
              • MEA Oil Gas Storage Market by Storage Type 
                • Above Ground Tanks
                • Below Ground Tanks
                • Floating Storage Units
                • Underground Caverns
              • MEA Oil Gas Storage Market by Material Type 
                • Steel
                • Plastic
                • Fiber Reinforced Plastic
                • Concrete
              • MEA Oil Gas Storage Market by End Use Type 
                • Crude Oil
                • Natural Gas
                • Refined Products
                • Liquefied Natural Gas
              • MEA Oil Gas Storage Market by Region Type 
                • Commercial Storage
                • Strategic Storage
                • Emergency Storage
              • MEA Oil Gas Storage Market by Regional Type 
                • GCC Countries
                • South Africa
                • Rest of MEA
              • GCC COUNTRIES Outlook (USD Billion, 2019-2032)
              • GCC COUNTRIES Oil Gas Storage Market by Storage Type 
                • Above Ground Tanks
                • Below Ground Tanks
                • Floating Storage Units
                • Underground Caverns
              • GCC COUNTRIES Oil Gas Storage Market by Material Type 
                • Steel
                • Plastic
                • Fiber Reinforced Plastic
                • Concrete
              • GCC COUNTRIES Oil Gas Storage Market by End Use Type 
                • Crude Oil
                • Natural Gas
                • Refined Products
                • Liquefied Natural Gas
              • GCC COUNTRIES Oil Gas Storage Market by Region Type 
                • Commercial Storage
                • Strategic Storage
                • Emergency Storage
              • SOUTH AFRICA Outlook (USD Billion, 2019-2032)
              • SOUTH AFRICA Oil Gas Storage Market by Storage Type 
                • Above Ground Tanks
                • Below Ground Tanks
                • Floating Storage Units
                • Underground Caverns
              • SOUTH AFRICA Oil Gas Storage Market by Material Type 
                • Steel
                • Plastic
                • Fiber Reinforced Plastic
                • Concrete
              • SOUTH AFRICA Oil Gas Storage Market by End Use Type 
                • Crude Oil
                • Natural Gas
                • Refined Products
                • Liquefied Natural Gas
              • SOUTH AFRICA Oil Gas Storage Market by Region Type 
                • Commercial Storage
                • Strategic Storage
                • Emergency Storage
              • REST OF MEA Outlook (USD Billion, 2019-2032)
              • REST OF MEA Oil Gas Storage Market by Storage Type 
                • Above Ground Tanks
                • Below Ground Tanks
                • Floating Storage Units
                • Underground Caverns
              • REST OF MEA Oil Gas Storage Market by Material Type 
                • Steel
                • Plastic
                • Fiber Reinforced Plastic
                • Concrete
              • REST OF MEA Oil Gas Storage Market by End Use Type 
                • Crude Oil
                • Natural Gas
                • Refined Products
                • Liquefied Natural Gas
              • REST OF MEA Oil Gas Storage Market by Region Type 
                • Commercial Storage
                • Strategic Storage
                • Emergency Storage
    Infographic

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    Case Study

    Smartphone Motherboard Parts Manufacturing Research