The global oil storage market size accounted for USD 13.75 billion in 2024, grew to USD 14.55 billion in 2025 and is predicted to surpass around USD 24.17 billion by 2034, representing a healthy CAGR of 5.80% between 2024 and 2034.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: Oil Storage Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. Oil Storage Market, by Product Type, 2024-2034
8.1.1. Crude Oil
8.1.1.1. Market Revenue and Forecast (2021-2034)
8.1.2. Gasoline
8.1.2.1. Market Revenue and Forecast (2021-2034)
8.1.3. Aviation Fuel
8.1.3.1. Market Revenue and Forecast (2021-2034)
8.1.4. Middle Distillates
8.1.4.1. Market Revenue and Forecast (2021-2034)
8.1.5. LPG
8.1.5.1. Market Revenue and Forecast (2021-2034)
8.1.6. Diesel
8.1.6.1. Market Revenue and Forecast (2021-2034)
8.1.7. Others
8.1.7.1. Market Revenue and Forecast (2021-2034)
9.1. Oil Storage Market, by Storage Type, 2024-2034
9.1.1. Open Top Tanks
9.1.1.1. Market Revenue and Forecast (2021-2034)
9.1.2. Fixed Roof Tanks
9.1.2.1. Market Revenue and Forecast (2021-2034)
9.1.3. Floating Roof Tanks
9.1.3.1. Market Revenue and Forecast (2021-2034)
9.1.4. Other Storage Facilities
9.1.4.1. Market Revenue and Forecast (2021-2034)
10.1. Oil Storage Market, by Material, 2024-2034
10.1.1. Steel
10.1.1.1. Market Revenue and Forecast (2021-2034)
10.1.2. Carbon Steel
10.1.2.1. Market Revenue and Forecast (2021-2034)
10.1.3. Fiberglass-reinforced Plastic (FRP)
10.1.3.1. Market Revenue and Forecast (2021-2034)
11.1. Oil Storage Market, by Reserve Type, 2024-2034
11.1.1. Strategic Petroleum Reserve
11.1.1.1. Market Revenue and Forecast (2021-2034)
11.1.2. Commercial Petroleum Reserve
11.1.2.1. Market Revenue and Forecast (2021-2034)
12.1. North America
12.1.1. Market Revenue and Forecast, by Product Type (2021-2034)
12.1.2. Market Revenue and Forecast, by Storage Type (2021-2034)
12.1.3. Market Revenue and Forecast, by Material (2021-2034)
12.1.4. Market Revenue and Forecast, by Reserve Type (2021-2034)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Product Type (2021-2034)
12.1.5.2. Market Revenue and Forecast, by Storage Type (2021-2034)
12.1.5.3. Market Revenue and Forecast, by Material (2021-2034)
12.1.5.4. Market Revenue and Forecast, by Reserve Type (2021-2034)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Product Type (2021-2034)
12.1.6.2. Market Revenue and Forecast, by Storage Type (2021-2034)
12.1.6.3. Market Revenue and Forecast, by Material (2021-2034)
12.1.6.4. Market Revenue and Forecast, by Reserve Type (2021-2034)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Product Type (2021-2034)
12.2.2. Market Revenue and Forecast, by Storage Type (2021-2034)
12.2.3. Market Revenue and Forecast, by Material (2021-2034)
12.2.4. Market Revenue and Forecast, by Reserve Type (2021-2034)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Product Type (2021-2034)
12.2.5.2. Market Revenue and Forecast, by Storage Type (2021-2034)
12.2.5.3. Market Revenue and Forecast, by Material (2021-2034)
12.2.5.4. Market Revenue and Forecast, by Reserve Type (2021-2034)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Product Type (2021-2034)
12.2.6.2. Market Revenue and Forecast, by Storage Type (2021-2034)
12.2.6.3. Market Revenue and Forecast, by Material (2021-2034)
12.2.6.4. Market Revenue and Forecast, by Reserve Type (2021-2034)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Product Type (2021-2034)
12.2.7.2. Market Revenue and Forecast, by Storage Type (2021-2034)
12.2.7.3. Market Revenue and Forecast, by Material (2021-2034)
12.2.7.4. Market Revenue and Forecast, by Reserve Type (2021-2034)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Product Type (2021-2034)
12.2.8.2. Market Revenue and Forecast, by Storage Type (2021-2034)
12.2.8.3. Market Revenue and Forecast, by Material (2021-2034)
12.2.8.4. Market Revenue and Forecast, by Reserve Type (2021-2034)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Product Type (2021-2034)
12.3.2. Market Revenue and Forecast, by Storage Type (2021-2034)
12.3.3. Market Revenue and Forecast, by Material (2021-2034)
12.3.4. Market Revenue and Forecast, by Reserve Type (2021-2034)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Product Type (2021-2034)
12.3.5.2. Market Revenue and Forecast, by Storage Type (2021-2034)
12.3.5.3. Market Revenue and Forecast, by Material (2021-2034)
12.3.5.4. Market Revenue and Forecast, by Reserve Type (2021-2034)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Product Type (2021-2034)
12.3.6.2. Market Revenue and Forecast, by Storage Type (2021-2034)
12.3.6.3. Market Revenue and Forecast, by Material (2021-2034)
12.3.6.4. Market Revenue and Forecast, by Reserve Type (2021-2034)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Product Type (2021-2034)
12.3.7.2. Market Revenue and Forecast, by Storage Type (2021-2034)
12.3.7.3. Market Revenue and Forecast, by Material (2021-2034)
12.3.7.4. Market Revenue and Forecast, by Reserve Type (2021-2034)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Product Type (2021-2034)
12.3.8.2. Market Revenue and Forecast, by Storage Type (2021-2034)
12.3.8.3. Market Revenue and Forecast, by Material (2021-2034)
12.3.8.4. Market Revenue and Forecast, by Reserve Type (2021-2034)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Product Type (2021-2034)
12.4.2. Market Revenue and Forecast, by Storage Type (2021-2034)
12.4.3. Market Revenue and Forecast, by Material (2021-2034)
12.4.4. Market Revenue and Forecast, by Reserve Type (2021-2034)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Product Type (2021-2034)
12.4.5.2. Market Revenue and Forecast, by Storage Type (2021-2034)
12.4.5.3. Market Revenue and Forecast, by Material (2021-2034)
12.4.5.4. Market Revenue and Forecast, by Reserve Type (2021-2034)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Product Type (2021-2034)
12.4.6.2. Market Revenue and Forecast, by Storage Type (2021-2034)
12.4.6.3. Market Revenue and Forecast, by Material (2021-2034)
12.4.6.4. Market Revenue and Forecast, by Reserve Type (2021-2034)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Product Type (2021-2034)
12.4.7.2. Market Revenue and Forecast, by Storage Type (2021-2034)
12.4.7.3. Market Revenue and Forecast, by Material (2021-2034)
12.4.7.4. Market Revenue and Forecast, by Reserve Type (2021-2034)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Product Type (2021-2034)
12.4.8.2. Market Revenue and Forecast, by Storage Type (2021-2034)
12.4.8.3. Market Revenue and Forecast, by Material (2021-2034)
12.4.8.4. Market Revenue and Forecast, by Reserve Type (2021-2034)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Product Type (2021-2034)
12.5.2. Market Revenue and Forecast, by Storage Type (2021-2034)
12.5.3. Market Revenue and Forecast, by Material (2021-2034)
12.5.4. Market Revenue and Forecast, by Reserve Type (2021-2034)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Product Type (2021-2034)
12.5.5.2. Market Revenue and Forecast, by Storage Type (2021-2034)
12.5.5.3. Market Revenue and Forecast, by Material (2021-2034)
12.5.5.4. Market Revenue and Forecast, by Reserve Type (2021-2034)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Product Type (2021-2034)
12.5.6.2. Market Revenue and Forecast, by Storage Type (2021-2034)
12.5.6.3. Market Revenue and Forecast, by Material (2021-2034)
12.5.6.4. Market Revenue and Forecast, by Reserve Type (2021-2034)
13.1. VTTI
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Containment Solutions, Inc.
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Shawcor
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Belco
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. CST Industries
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Superior Tank Co., Inc.
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. DELTA OIL TANKING BV
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Royal Vopak
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Oiltanking GmbH
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Buckeye Partners
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
15.1. About Us
15.2. Glossary of Terms
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