Global Oil and Gas Storage Service Market to Reach US$10. 5 Billion by the Year 2027. Amid the COVID-19 crisis, the global market for Oil and Gas Storage Service estimated at US$8. 8 Billion in the year 2020, is projected to reach a revised size of US$10.
New York, Jan. 18, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Oil and Gas Storage Service Industry” – https://www.reportlinker.com/p05957557/?utm_source=GNW
5 Billion by 2027, growing at a CAGR of 2.5% over the analysis period 2020-2027.Storage Services, one of the segments analyzed in the report, is projected to grow at a 2.6% CAGR to reach US$7.6 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Ancillary Services segment is readjusted to a revised 2.1% CAGR for the next 7-year period. This segment currently accounts for a 19% share of the global Oil and Gas Storage Service market.
The U.S. Accounts for Over 29.4% of Global Market Size in 2020, While China is Forecast to Grow at a 2.3% CAGR for the Period of 2020-2027
The Oil and Gas Storage Service market in the U.S. is estimated at US$2.6 Billion in the year 2020. The country currently accounts for a 29.37% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$1.9 Billion in the year 2027 trailing a CAGR of 2.3% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.6% CAGR while Rest of European market (as defined in the study) will reach US$1.9 Billion by the year 2027.
Other Segments Segment Corners a 9.5% Share in 2020
In the global Other Segments segment, USA, Canada, Japan, China and Europe will drive the 2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$671.6 Million in the year 2020 will reach a projected size of US$769.6 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.2 Billion by the year 2027.We bring years of research experience to this 9th edition of our report. The 118-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Impact of Covid-19 and a Looming Global Recession
Global Competitor Market Shares
Oil and Gas Storage Service Competitor Market Share Scenario
Worldwide (in %): 2018E
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
Table 1: World Current & Future Analysis for Oil and Gas
Storage Service by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets –
Independent Analysis of Annual Sales in US$ Billion for Years
2018 through 2027
Table 2: World Historic Review for Oil and Gas Storage Service
by Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Billion for Years 2012 through 2017
Table 3: World 15-Year Perspective for Oil and Gas Storage
Service by Geographic Region – Percentage Breakdown of Value
Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets for Years 2012, 2018 & 2027
Table 4: World Current & Future Analysis for Storage Services
by Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Billion for Years 2018 through 2027
Table 5: World Historic Review for Storage Services by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Billion for Years 2012 through 2017
Table 6: World 15-Year Perspective for Storage Services by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2012, 2018 & 2027
Table 7: World Current & Future Analysis for Ancillary Services
by Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Billion for Years 2018 through 2027
Table 8: World Historic Review for Ancillary Services by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Billion for Years 2012 through 2017
Table 9: World 15-Year Perspective for Ancillary Services by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2012, 2018 & 2027
Table 10: World Current & Future Analysis for Other Segments by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Billion for Years 2018 through 2027
Table 11: World Historic Review for Other Segments by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Billion for Years 2012 through 2017
Table 12: World 15-Year Perspective for Other Segments by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2012, 2018 & 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Oil and Gas Storage Service Market Share (in %) by Company:
2018 & 2027
Market Analytics
Table 13: USA Current & Future Analysis for Oil and Gas Storage
Service by Segment – Storage Services, Ancillary Services and
Other Segments – Independent Analysis of Annual Sales in US$
Billion for the Years 2018 through 2027
Table 14: USA Historic Review for Oil and Gas Storage Service
by Segment – Storage Services, Ancillary Services and Other
Segments Markets – Independent Analysis of Annual Sales in US$
Billion for Years 2012 through 2017
Table 15: USA 15-Year Perspective for Oil and Gas Storage
Service by Segment – Percentage Breakdown of Value Sales for
Storage Services, Ancillary Services and Other Segments for the
Years 2012, 2018 & 2027
CANADA
Table 16: Canada Current & Future Analysis for Oil and Gas
Storage Service by Segment – Storage Services, Ancillary
Services and Other Segments – Independent Analysis of Annual
Sales in US$ Billion for the Years 2018 through 2027
Table 17: Canada Historic Review for Oil and Gas Storage
Service by Segment – Storage Services, Ancillary Services and
Other Segments Markets – Independent Analysis of Annual Sales
in US$ Billion for Years 2012 through 2017
Table 18: Canada 15-Year Perspective for Oil and Gas Storage
Service by Segment – Percentage Breakdown of Value Sales for
Storage Services, Ancillary Services and Other Segments for the
Years 2012, 2018 & 2027
JAPAN
Table 19: Japan Current & Future Analysis for Oil and Gas
Storage Service by Segment – Storage Services, Ancillary
Services and Other Segments – Independent Analysis of Annual
Sales in US$ Billion for the Years 2018 through 2027
Table 20: Japan Historic Review for Oil and Gas Storage Service
by Segment – Storage Services, Ancillary Services and Other
Segments Markets – Independent Analysis of Annual Sales in US$
Billion for Years 2012 through 2017
Table 21: Japan 15-Year Perspective for Oil and Gas Storage
Service by Segment – Percentage Breakdown of Value Sales for
Storage Services, Ancillary Services and Other Segments for the
Years 2012, 2018 & 2027
CHINA
Table 22: China Current & Future Analysis for Oil and Gas
Storage Service by Segment – Storage Services, Ancillary
Services and Other Segments – Independent Analysis of Annual
Sales in US$ Billion for the Years 2018 through 2027
Table 23: China Historic Review for Oil and Gas Storage Service
by Segment – Storage Services, Ancillary Services and Other
Segments Markets – Independent Analysis of Annual Sales in US$
Billion for Years 2012 through 2017
Table 24: China 15-Year Perspective for Oil and Gas Storage
Service by Segment – Percentage Breakdown of Value Sales for
Storage Services, Ancillary Services and Other Segments for the
Years 2012, 2018 & 2027
EUROPE
Market Facts & Figures
European Oil and Gas Storage Service Market: Competitor Market
Share Scenario (in %) for 2018 & 2027
Market Analytics
Table 25: Europe Current & Future Analysis for Oil and Gas
Storage Service by Geographic Region – France, Germany, Italy,
UK and Rest of Europe Markets – Independent Analysis of Annual
Sales in US$ Billion for Years 2018 through 2027
Table 26: Europe Historic Review for Oil and Gas Storage
Service by Geographic Region – France, Germany, Italy, UK and
Rest of Europe Markets – Independent Analysis of Annual Sales
in US$ Billion for Years 2012 through 2017
Table 27: Europe 15-Year Perspective for Oil and Gas Storage
Service by Geographic Region – Percentage Breakdown of Value
Sales for France, Germany, Italy, UK and Rest of Europe Markets
for Years 2012, 2018 & 2027
Table 28: Europe Current & Future Analysis for Oil and Gas
Storage Service by Segment – Storage Services, Ancillary
Services and Other Segments – Independent Analysis of Annual
Sales in US$ Billion for the Years 2018 through 2027
Table 29: Europe Historic Review for Oil and Gas Storage
Service by Segment – Storage Services, Ancillary Services and
Other Segments Markets – Independent Analysis of Annual Sales
in US$ Billion for Years 2012 through 2017
Table 30: Europe 15-Year Perspective for Oil and Gas Storage
Service by Segment – Percentage Breakdown of Value Sales for
Storage Services, Ancillary Services and Other Segments for the
Years 2012, 2018 & 2027
FRANCE
Table 31: France Current & Future Analysis for Oil and Gas
Storage Service by Segment – Storage Services, Ancillary
Services and Other Segments – Independent Analysis of Annual
Sales in US$ Billion for the Years 2018 through 2027
Table 32: France Historic Review for Oil and Gas Storage
Service by Segment – Storage Services, Ancillary Services and
Other Segments Markets – Independent Analysis of Annual Sales
in US$ Billion for Years 2012 through 2017
Table 33: France 15-Year Perspective for Oil and Gas Storage
Service by Segment – Percentage Breakdown of Value Sales for
Storage Services, Ancillary Services and Other Segments for the
Years 2012, 2018 & 2027
GERMANY
Table 34: Germany Current & Future Analysis for Oil and Gas
Storage Service by Segment – Storage Services, Ancillary
Services and Other Segments – Independent Analysis of Annual
Sales in US$ Billion for the Years 2018 through 2027
Table 35: Germany Historic Review for Oil and Gas Storage
Service by Segment – Storage Services, Ancillary Services and
Other Segments Markets – Independent Analysis of Annual Sales
in US$ Billion for Years 2012 through 2017
Table 36: Germany 15-Year Perspective for Oil and Gas Storage
Service by Segment – Percentage Breakdown of Value Sales for
Storage Services, Ancillary Services and Other Segments for the
Years 2012, 2018 & 2027
ITALY
Table 37: Italy Current & Future Analysis for Oil and Gas
Storage Service by Segment – Storage Services, Ancillary
Services and Other Segments – Independent Analysis of Annual
Sales in US$ Billion for the Years 2018 through 2027
Table 38: Italy Historic Review for Oil and Gas Storage Service
by Segment – Storage Services, Ancillary Services and Other
Segments Markets – Independent Analysis of Annual Sales in US$
Billion for Years 2012 through 2017
Table 39: Italy 15-Year Perspective for Oil and Gas Storage
Service by Segment – Percentage Breakdown of Value Sales for
Storage Services, Ancillary Services and Other Segments for the
Years 2012, 2018 & 2027
UNITED KINGDOM
Table 40: UK Current & Future Analysis for Oil and Gas Storage
Service by Segment – Storage Services, Ancillary Services and
Other Segments – Independent Analysis of Annual Sales in US$
Billion for the Years 2018 through 2027
Table 41: UK Historic Review for Oil and Gas Storage Service by
Segment – Storage Services, Ancillary Services and Other
Segments Markets – Independent Analysis of Annual Sales in US$
Billion for Years 2012 through 2017
Table 42: UK 15-Year Perspective for Oil and Gas Storage
Service by Segment – Percentage Breakdown of Value Sales for
Storage Services, Ancillary Services and Other Segments for the
Years 2012, 2018 & 2027
REST OF EUROPE
Table 43: Rest of Europe Current & Future Analysis for Oil and
Gas Storage Service by Segment – Storage Services, Ancillary
Services and Other Segments – Independent Analysis of Annual
Sales in US$ Billion for the Years 2018 through 2027
Table 44: Rest of Europe Historic Review for Oil and Gas
Storage Service by Segment – Storage Services, Ancillary
Services and Other Segments Markets – Independent Analysis of
Annual Sales in US$ Billion for Years 2012 through 2017
Table 45: Rest of Europe 15-Year Perspective for Oil and Gas
Storage Service by Segment – Percentage Breakdown of Value
Sales for Storage Services, Ancillary Services and Other
Segments for the Years 2012, 2018 & 2027
ASIA-PACIFIC
Table 46: Asia-Pacific Current & Future Analysis for Oil and
Gas Storage Service by Segment – Storage Services, Ancillary
Services and Other Segments – Independent Analysis of Annual
Sales in US$ Billion for the Years 2018 through 2027
Table 47: Asia-Pacific Historic Review for Oil and Gas Storage
Service by Segment – Storage Services, Ancillary Services and
Other Segments Markets – Independent Analysis of Annual Sales
in US$ Billion for Years 2012 through 2017
Table 48: Asia-Pacific 15-Year Perspective for Oil and Gas
Storage Service by Segment – Percentage Breakdown of Value
Sales for Storage Services, Ancillary Services and Other
Segments for the Years 2012, 2018 & 2027
REST OF WORLD
Table 49: Rest of World Current & Future Analysis for Oil and
Gas Storage Service by Segment – Storage Services, Ancillary
Services and Other Segments – Independent Analysis of Annual
Sales in US$ Billion for the Years 2018 through 2027
Table 50: Rest of World Historic Review for Oil and Gas Storage
Service by Segment – Storage Services, Ancillary Services and
Other Segments Markets – Independent Analysis of Annual Sales
in US$ Billion for Years 2012 through 2017
Table 51: Rest of World 15-Year Perspective for Oil and Gas
Storage Service by Segment – Percentage Breakdown of Value
Sales for Storage Services, Ancillary Services and Other
Segments for the Years 2012, 2018 & 2027
IV. COMPETITION
Total Companies Profiled: 71
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