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Oil Storage Companies (2024 - 2029)

Various companies in the oil storage and terminal sector, including international corporations and engineering groups, play crucial roles in the industry. These firms are engaged in diverse activities such as operating oil storage tanks and terminals, providing heavy engineering and shipbuilding services, and undertaking EPC projects in the oil storage sector. The collective efforts of these companies contribute significantly to the global oil storage industry, demonstrating the importance of their roles in maintaining energy supply chains.

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Top Companies in Oil Storage Market

This report lists the top Oil Storage companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Oil Storage industry.

  1. Koninklijke Vopak NV

  2. Vitol Tank Terminals International BV (VTTI)

  3. Oiltanking GmbH

  4. McDermott International Inc.

  5. China National Petroleum Corporation

*Disclaimer: Top companies sorted in no particular order

Oil Storage Market Major Players

Oil Storage Market Concentration

Oil Storage Market Concentration

Oil Storage Company List

  1. 1. INTRODUCTION

    1. 1.1 Scope of the Study

    2. 1.2 Market Definition

    3. 1.3 Study Assumptions

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET OVERVIEW

    1. 4.1 Introduction

    2. 4.2 Market Size and Demand Forecast in USD billion, till 2025

    3. 4.3 Recent Trends and Developments

    4. 4.4 Government Policies and Regulations

    5. 4.5 Market Dynamics

      1. 4.5.1 Drivers

      2. 4.5.2 Restraints

    6. 4.6 Supply Chain Analysis

    7. 4.7 Porter's Five Forces Analysis

      1. 4.7.1 Bargaining Power of Suppliers

      2. 4.7.2 Bargaining Power of Consumers

      3. 4.7.3 Threat of New Entrants

      4. 4.7.4 Threat of Substitutes Products and Services

      5. 4.7.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Geography

      1. 5.1.1 North America

      2. 5.1.2 Asia-Pacific

      3. 5.1.3 Europe

      4. 5.1.4 South America

      5. 5.1.5 Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Strategies Adopted by Leading Players

    3. 6.3 Company Profiles

      1. 6.3.1 Oil Storage Tanks/Terminal Operators

        1. 6.3.1.1 Koninklijke Vopak NV

        2. 6.3.1.2 Vitol Tank Terminals International BV (VTTI)

        3. 6.3.1.3 Oiltanking GmbH

        4. 6.3.1.4 Buckeye Partners, L.P.

        5. 6.3.1.5 Shawcor Ltd.

        6. 6.3.1.6 Ophergasneft

      2. 6.3.2 Oil Storage Tanks/Terminal EPC Companies

        1. 6.3.2.1 McDermott International Inc.

        2. 6.3.2.2 ERGIL Group

        3. 6.3.2.3 INCO Group

        4. 6.3.2.4 Heavy Engineering Industries & Shipbuilding Co. K.S.C (HEISCO)

        5. 6.3.2.5 China National Petroleum Corporation

        6. 6.3.2.6 T.F. Warren Group

        7. 6.3.2.7 Chemie Tech Group

        8. 6.3.2.8 Fluor Corporation

    4. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS


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Competitive Landscape Report Includes

Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments). Key Strategic Moves, Market Share Analysis, Company Landscape, and List of Companies.

Oil Storage Market Companies Summary

The oil storage market, which is part of the midstream sector of the oil industry, is anticipated to grow due to factors such as the rising demand for high storage capacities, increased oil production, and decreasing crude oil prices. Additionally, government initiatives aimed at reducing greenhouse gas emissions and protecting national economies during energy crises are also expected to drive market growth. However, the high costs associated with investment and maintenance may potentially impede the growth of the global oil storage market. Technological advancements and investments in the development of storage facilities and new pipelines to enhance storage capacity are expected to create vast opportunities for major businesses operating in the market. A decline in crude oil prices is expected to increase market demand as consumers tend to store oil in larger volumes when prices are low. Furthermore, North America is projected to dominate the market due to capacity additions and the number of crude storage facilities. However, a lack of storage could further depress already low oil prices, leaving producers with few options but to halt production.

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Oil Storage Companies - Table of Contents

  1. 1. COMPETITIVE LANDSCAPE

    1. 1.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 1.2 Strategies Adopted by Leading Players

    3. 1.3 Company Profiles

      1. 1.3.1 Oil Storage Tanks/Terminal Operators

        1. 1.3.1.1 Koninklijke Vopak NV

        2. 1.3.1.2 Vitol Tank Terminals International BV (VTTI)

        3. 1.3.1.3 Oiltanking GmbH

        4. 1.3.1.4 Buckeye Partners, L.P.

        5. 1.3.1.5 Shawcor Ltd.

        6. 1.3.1.6 Ophergasneft

      2. 1.3.2 Oil Storage Tanks/Terminal EPC Companies

        1. 1.3.2.1 McDermott International Inc.

        2. 1.3.2.2 ERGIL Group

        3. 1.3.2.3 INCO Group

        4. 1.3.2.4 Heavy Engineering Industries & Shipbuilding Co. K.S.C (HEISCO)

        5. 1.3.2.5 China National Petroleum Corporation

        6. 1.3.2.6 T.F. Warren Group

        7. 1.3.2.7 Chemie Tech Group

        8. 1.3.2.8 Fluor Corporation

    4. *List Not Exhaustive

Oil Storage Companies FAQs

Koninklijke Vopak NV , Vitol Tank Terminals International BV (VTTI), Oiltanking GmbH , McDermott International Inc. and China National Petroleum Corporation are the major companies operating in the Oil Storage Market.

Oil Storage Terminal Market Report Snapshots

Oil Storage Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)