Oil and Gas Storage Service Market Analysis North America,Middle East and Africa,APAC,Europe,South America - US,Canada,Saudi Arabia,China,Russia - Size and Forecast 2023-2027

Published: Oct 2023 Pages: 171 SKU: IRTNTR45426

Oil and Gas Storage Service Market Forecast 2023-2027

The oil and gas storage service market size is estimated to grow by USD 4,184.14 million at a CAGR of 5.56% between 2022 and 2027. The growth of the market depends on several factors such as the increase in global oil and gas demand, the rising use of natural gas in power generation, and the increased investments in oil and gas pipeline projects. Our report examines historic data from 2017 to 2021, besides analyzing the current market scenario.

It also includes an in-depth analysis of drivers, trends, and challenges. 

What will be the Size of the Oil And Gas Storage Service Market During the Forecast Period?

Market Forecast 2023-2027

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Market Dynamic

Our researchers studied the data for years, with 2022 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market.     

Key Driver- Rising use of natural gas in power generation

Natural gas is gradually replacing other fossil fuels for electricity generation. It is gaining popularity around the world as a fuel for power generation. Not only does natural gas have a lower carbon footprint, it is also considered an ideal substitute for coal. This will increase the demand for natural gas. As the demand for fuel increases, the need for these services at distribution centers is expected to increase.

Additionally, a continuous and uninterrupted supply of natural gas for power generation requires adequate gas storage facilities to store excess gas. This will increase the need for increased capacity, contributing to the growth of the global market during the forecast period.

Major Trends- Increasing adoption of digital technologies to optimize oil and gas storage operations

Digitization and the Internet of Things (IoT) are significantly transforming the global market by introducing innovative technologies that improve efficiency, safety, and reliability across the industry. One of the important aspects of industrial digitization is the application of IoT devices and sensors. These sensors are mainly placed in these facilities to collect real-time data on various parameters including temperature, pressure, humidity, and device status.

In addition, digital solutions improve security by monitoring access to critical infrastructure and ensuring compliance with security protocols. Hence, the rising adoption of digital technologies to enhance these operations is expected to fuel the growth of the market during the forecast period. 

Significant Challenge- Volatility in oil and gas prices

Crude oil price volatility is one of the biggest challenges facing the industry, as the volatile price environment can have a severe impact on new exploration and production (E&P) investment, refinery expansion, and contract prices. This could affect demand for these services. Any unforeseen price movement can change the course of the entire market in a short time. The oil and gas industry is affected by frequent fluctuations in crude oil prices.

Furthermore, the drop in oil and gas prices in the market has a direct impact on customers using warehousing services, putting pressure on the entire value chain. Volatility in oil and gas prices can directly affect the contract prices of these providers, resulting in low profits or unsustainable operations, which may impede the growth of the market during the forecast period. 

Market Segmentation by Application, Service, and Geography 

Application Segment Analysis: 

The power plants segment will account for a major share of the market's growth during the forecast period.?Power plants play an important role in the production of electricity and their reliable operation depends on an available and safe source of fuel, such as natural gas or oil. These plants depend on natural gas or diesel fuel to get up to speed quickly and generate electricity when needed. To ensure uninterrupted supply during peak times, these plants have on-site storage tanks filled with the necessary fuel. The for power plants must be carefully managed to avoid supply disruptions.

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The power plants segment was valued at USD 3,923.88 million in 2017. Environmental considerations are rising influencing fuel choices in power plants, with a shift towards cleaner options such as natural gas or renewable energy sources. This transition could negatively impact demand for traditional petroleum-based storage solutions in the power generation segment. However, as the grid continues to depend on a combination of multiple energy sources, this will still be necessary to ensure grid stability and energy security in extreme situations, thereby driving the growth of the market in the power plants segment during the forecast period.

Service Segment Analysis:

Based on service, the market has been segmented into storage services and ancillary services. The storage services?segment will account for the largest share of this segment. One of the main roles of these services is to act as a buffer in the energy supply chain, bridging the gap between production and consumption. During periods of overproduction, surplus oil and gas can be stored for future use, but during periods of high demand or production disruptions, reserves are stored to maintain a steady supply. Additionally, global population growth and increased demand for petroleum products from emerging markets are driving development and refinery companies to expand production. Rising demand for oil and gas will increase the need for these services, which will drive the growth of the segment during the forecast period.

Regional Analysis

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North America is estimated to contribute 28% to the growth by 2027. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. The North American market is dominated by the US and Canada. The region has the world's largest capacity. Increased oil consumption requires high capacity to store, which leads to new demand for these services.

Furthermore, the most important storage and trading centers in North America are Cushing (US), Houston (US), and Alberta (Canada). As US exports of crude oil and refined products through the Gulf Coast increase, storage and trade centers like Houston are investing more in these terminals. Cushing is a relatively mature petroleum terminal that has been expanded in the past few years. This nearly doubled Cushing's total production capacity will drive the growth of the regional market during the forecast period. 

Who are the Major Oil and Gas Storage Service Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • Compagnie Industrielle Maritime: The company offers a total storage capacity of 1.2 million CBM and 450 storage tanks.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 companies, including:

Burns and McDonnell, Emirates National Oil Co. Ltd. LLC., Enbridge Inc., Exolum Corp. S.A., Fluor Corp., IMTT, Kinder Morgan Inc., Koninklijke Vopak NV, LBC Tank Terminals, Marquard and Bahls AG, McDermott International Ltd., NOV Inc., NuStar Energy L.P., Odfjell SE, Plains All American Pipeline L.P., Energy Transfer LP, Brooge Energy Ltd., Buckeye Partners LP, and Magellan Midstream Partners L.P. 

Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook (USD Million, 2017 - 2027)
    • Power plants
    • Oil refineries
    • Chemical plants
    • LNG storage facilities
  • Service Outlook (USD Million, 2017 - 2027)
    • Storage services
    • Ancillary services
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile 
      • Brazil 
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The Market plays a critical role in the Energy infrastructure, providing essential services like Tank farms for Crude oil storage and Natural gas storage. These facilities are vital for Petroleum logistics and Tanker storage.

With a focus on Strategic reserves and Liquid storage solutions, the market ensures efficient Storage management while adhering to these regulations. Proper Storage maintenance and Leasing are essential for operational success. Technological advancements in Storage technology have improved Storage Safety and optimization. As the industry continues to evolve, the demand for these services is expected to grow, driving innovation and efficiency in the sector.

Oil And Gas Storage Service Market Scope

Report Coverage

Details

Page number

171

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.56%

Market growth 2023-2027

USD 4,184.14 million

Market structure

Fragmented

YoY growth 2022-2023(%)

4.75

Regional analysis

North America, Middle East and Africa, APAC, Europe, and South America

Performing market contribution

North America at 28%

Key countries

US, Canada, Saudi Arabia, China, and Russia

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Burns and McDonnell, Emirates National Oil Co. Ltd. LLC., Enbridge Inc., Exolum Corp. S.A., Fluor Corp., IMTT, Kinder Morgan Inc., Koninklijke Vopak NV, LBC Tank Terminals, Marquard and Bahls AG, McDermott International Ltd., NOV Inc., NuStar Energy L.P., Odfjell SE, Plains All American Pipeline L.P., Energy Transfer LP, Brooge Energy Ltd., Buckeye Partners LP, Compagnie Industrielle Maritime, and Magellan Midstream Partners L.P.

Market dynamics

Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Service
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global oil and gas storage service market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global oil and gas storage service market 2017 - 2021 ($ million)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.3 Service Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Service Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Power plants - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Power plants - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Power plants - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Power plants - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Power plants - Year-over-year growth 2022-2027 (%)
    • 6.4 Oil refineries - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Oil refineries - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Oil refineries - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Oil refineries - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Oil refineries - Year-over-year growth 2022-2027 (%)
    • 6.5 Chemical plants - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Chemical plants - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Chemical plants - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Chemical plants - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Chemical plants - Year-over-year growth 2022-2027 (%)
    • 6.6 LNG storage facilities - Market size and forecast 2022-2027
      • Exhibit 46: Chart on LNG storage facilities - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on LNG storage facilities - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on LNG storage facilities - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on LNG storage facilities - Year-over-year growth 2022-2027 (%)
    • 6.7 Market opportunity by Application
      • Exhibit 50: Market opportunity by Application ($ million)
      • Exhibit 51: Data Table on Market opportunity by Application ($ million)

    7 Market Segmentation by Service

    • 7.1 Market segments
      • Exhibit 52: Chart on Service - Market share 2022-2027 (%)
      • Exhibit 53: Data Table on Service - Market share 2022-2027 (%)
    • 7.2 Comparison by Service
      • Exhibit 54: Chart on Comparison by Service
      • Exhibit 55: Data Table on Comparison by Service
    • 7.3 Storage services - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Storage services - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Storage services - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Storage services - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Storage services - Year-over-year growth 2022-2027 (%)
    • 7.4 Ancillary services - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Ancillary services - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on Ancillary services - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on Ancillary services - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Ancillary services - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Service
      • Exhibit 64: Market opportunity by Service ($ million)
      • Exhibit 65: Data Table on Market opportunity by Service ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 68: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 75: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 Europe - Market size and forecast 2022-2027
      • Exhibit 83: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 Saudi Arabia - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Saudi Arabia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on Saudi Arabia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on Saudi Arabia - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Saudi Arabia - Year-over-year growth 2022-2027 (%)
    • 9.10 China - Market size and forecast 2022-2027
      • Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.11 Russia - Market size and forecast 2022-2027
      • Exhibit 103: Chart on Russia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on Russia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on Russia - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on Russia - Year-over-year growth 2022-2027 (%)
    • 9.12 Canada - Market size and forecast 2022-2027
      • Exhibit 107: Chart on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ million)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 Brooge Energy Ltd.
              • Exhibit 119: Brooge Energy Ltd. - Overview
              • Exhibit 120: Brooge Energy Ltd. - Product / Service
              • Exhibit 121: Brooge Energy Ltd. - Key offerings
            • 12.4 Buckeye Partners LP
              • Exhibit 122: Buckeye Partners LP - Overview
              • Exhibit 123: Buckeye Partners LP - Product / Service
              • Exhibit 124: Buckeye Partners LP - Key offerings
            • 12.5 Compagnie Industrielle Maritime
              • Exhibit 125: Compagnie Industrielle Maritime - Overview
              • Exhibit 126: Compagnie Industrielle Maritime - Product / Service
              • Exhibit 127: Compagnie Industrielle Maritime - Key offerings
            • 12.6 Enbridge Inc.
              • Exhibit 128: Enbridge Inc. - Overview
              • Exhibit 129: Enbridge Inc. - Business segments
              • Exhibit 130: Enbridge Inc. - Key offerings
              • Exhibit 131: Enbridge Inc. - Segment focus
            • 12.7 Energy Transfer LP
              • Exhibit 132: Energy Transfer LP - Overview
              • Exhibit 133: Energy Transfer LP - Product / Service
              • Exhibit 134: Energy Transfer LP - Key offerings
            • 12.8 Exolum Corp. S.A.
              • Exhibit 135: Exolum Corp. S.A. - Overview
              • Exhibit 136: Exolum Corp. S.A. - Product / Service
              • Exhibit 137: Exolum Corp. S.A. - Key offerings
            • 12.9 Fluor Corp.
              • Exhibit 138: Fluor Corp. - Overview
              • Exhibit 139: Fluor Corp. - Business segments
              • Exhibit 140: Fluor Corp. - Key offerings
              • Exhibit 141: Fluor Corp. - Segment focus
            • 12.10 Kinder Morgan Inc.
              • Exhibit 142: Kinder Morgan Inc. - Overview
              • Exhibit 143: Kinder Morgan Inc. - Business segments
              • Exhibit 144: Kinder Morgan Inc. - Key offerings
              • Exhibit 145: Kinder Morgan Inc. - Segment focus
            • 12.11 Koninklijke Vopak NV
              • Exhibit 146: Koninklijke Vopak NV - Overview
              • Exhibit 147: Koninklijke Vopak NV - Business segments
              • Exhibit 148: Koninklijke Vopak NV - Key offerings
              • Exhibit 149: Koninklijke Vopak NV - Segment focus
            • 12.12 Magellan Midstream Partners L.P.
              • Exhibit 150: Magellan Midstream Partners L.P. - Overview
              • Exhibit 151: Magellan Midstream Partners L.P. - Business segments
              • Exhibit 152: Magellan Midstream Partners L.P. - Key offerings
              • Exhibit 153: Magellan Midstream Partners L.P. - Segment focus
            • 12.13 Marquard and Bahls AG
              • Exhibit 154: Marquard and Bahls AG - Overview
              • Exhibit 155: Marquard and Bahls AG - Product / Service
              • Exhibit 156: Marquard and Bahls AG - Key offerings
            • 12.14 McDermott International Ltd.
              • Exhibit 157: McDermott International Ltd. - Overview
              • Exhibit 158: McDermott International Ltd. - Product / Service
              • Exhibit 159: McDermott International Ltd. - Key news
              • Exhibit 160: McDermott International Ltd. - Key offerings
            • 12.15 NOV Inc.
              • Exhibit 161: NOV Inc. - Overview
              • Exhibit 162: NOV Inc. - Business segments
              • Exhibit 163: NOV Inc. - Key offerings
              • Exhibit 164: NOV Inc. - Segment focus
            • 12.16 Odfjell SE
              • Exhibit 165: Odfjell SE - Overview
              • Exhibit 166: Odfjell SE - Product / Service
              • Exhibit 167: Odfjell SE - Key offerings
            • 12.17 Plains All American Pipeline L.P.
              • Exhibit 168: Plains All American Pipeline L.P. - Overview
              • Exhibit 169: Plains All American Pipeline L.P. - Business segments
              • Exhibit 170: Plains All American Pipeline L.P. - Key offerings
              • Exhibit 171: Plains All American Pipeline L.P. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 172: Inclusions checklist
                • Exhibit 173: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 174: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 175: Research methodology
                • Exhibit 176: Validation techniques employed for market sizing
                • Exhibit 177: Information sources
              • 13.5 List of abbreviations
                • Exhibit 178: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              oil and gas storage service market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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              • Detailed vendors report with competitive landscape
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