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Oil and Gas Storage Market Revenue, Business Opportunity, Global Industry Forecast And Updated Key player by-2023
By tejasamale on January 21 2019 | 582 Views
Underground storage facilities are chiefly used for storing gaseous forms of natural gas, especially in ground formations such as in salt caverns, aquifers and depleted reservoirs of oil and gas field
Oil and Gas Storage Global Market – Competitive Analysis
The Oil and Gas Storage Industry is anticipated to have enormous amount of developments during the forecast period, due to increased storage process and reduced oil prices. The market is also likely to have huge number growth activities by multinationals and well-established companies and countries as they are more inclined to meet the growing demands.
Market Highlights
Oil and gas are increasingly stored to meet the growing demand for energy. Oil is stored in tankers and other stationary facilities so it can be transported over vast distances and regions to meet the demand. Gas, on the other hand needs to be stored underground in facilities such as depleted oil and gas fields, salt caverns and aquifers.
As the global Oil and Gas Storage Market is increasingly witnessing a drop in oil prices, OPEC countries are increasingly storing their oil and natural gas products to make profit when the prices climb back.
The market is expected to grow at a CAGR of 3.5% during the forecast period.
Key Players
The major players operating in oil and gas storage market are
Royal Vopak N.V. (Dutch)
TechnipFMC plc (U.K.)
Magellan Midstream Partners, L.P. (U.S.)
Amec Foster Wheeler plc (UK)
The Vitol Group (The Netherlands)
WorleyParsons Limited (Australia)
Niska Gas Storage Partners LLC(U.S.)
Centrica plc (U.K.)
Chiyoda Corporation (Japan)
A Sample of This Report Is Available upon Request @ https://www.marketresearchfuture.com/sample_request/3935
Study Objectives of Global Oil and Gas Storage Market
To provide detailed analysis of the market structure along with forecast for the next five years of the various segments and sub-segments of the global oil and gas storage market
To provide insights about factors affecting the market growth
To analyze the global oil and gas storage market based on various tools such as Supply Chain Analysis, and Porter’s Five Forces Analysis
To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
To provide country level analysis of the market with respect to the current market size and future prospective
To provide country level analysis of the market for segments by type and region
To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the oil and gas storage market
Scope of the Report
This study provides an overview of the global oil and gas storage market, tracking two market segments across four geographic regions. The scope of the study segments the global oil and gas storage market by product type, by storage type and by region.
Global Oil and Gas Storage Market, By Product Type
Oil
Natural Gas
Global Oil and Gas Storage Market, By Storage Type
Underground
Aboveground
Global Oil and Gas Storage Market, By Region
Europe
North America
Asia-Pacific
Rest of the world
Browse the Full Research Report At@
https://www.marketresearchfuture.com/reports/oil-and-gas-storage-market-3935
Intended Audience:
Distributer & Supplier companies
End Users
Consultants and Investment bankers
Government as well as Independent Regulatory Authorities
Product Analysis: Product matrix which gives a detailed comparison of the market for different recycled product types
Additional Information:
Regulatory Landscape
Pricing Analysis
Macroeconomic Indicators
Geographic Analysis: Geographical analysis across 15 countries
Company Information:
Profiling of 8 key market players
In-depth analysis including SWOT analysis, and strategy information of related to report title
Competitive landscape including emerging trends adopted by major companies
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