Oil and Gas Storage Service 2017 Global Market Expected to Grow at CAGR 2.2% and Forecast to 2020

WiseGuyReports.Com Publish a New Market Research Report On - “Oil and Gas Storage Service 2017 Global Market Expected to Grow at CAGR 2.2% and Forecast to 2020”.

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New York, NY -- (SBWire) -- 07/25/2017 --The analysts forecast the global oil and gas storage service market to grow at a CAGR of 2.2% during the period 2016-2020.

Storage tank services are responsible for over 70% of the revenue in the market and include containers that hold liquids, compressed gases, or mediums used for short- or long-term storage. Typically, these tanks operate under no or very little pressure and can be spherical or cylindrical in shape. Based upon location and requirement, storage tanks come in varieties such as crude oil tankages, product and intermediate storage tankages, dispatch area tankages, and minitanks near production units of a refinery.

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Covered in this report

The report covers the present scenario and the growth prospects of the global oil and gas storage service market for 2016-2020. To calculate the market size, the report presents the vendor landscape and a corresponding detailed profiling of the key market participants across the value chain of the market.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Oil and Gas Storage Service Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Royal Vopak
- Oiltanking
- Magellan Midstream Partners
- Buckeye Partners
- Vitol

Other prominent vendors
- Blueknight Energy Partners
- CIM-CCMP Group
- CLH Group
- Dailan Port Company
- Horizon Terminals Limited
- International-Matex Tank Terminals (IMTT)
- Kinder Morgan
- NuStar Energy
- Odfjell

Market driver
- Geographical diversification of crude oil markets.
- For a full, detailed list, view our report

Market challenge
- High operational costs and strategic locations for oil terminals.
- For a full, detailed list, view our report

Market trend
- Shift toward independent oil and gas storage service companies.
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Report Details @ https://www.wiseguyreports.com/reports/786758-global-oil-and-gas-storage-service-market-2016-2020

Table Of Contents – Major Key Points

PART 01: Executive summary
- Highlights

PART 02: Scope of the report
- Market overview

PART 03: Market research methodology
- Research methodology
- Economic indicators

PART 04: Introduction
- Key market highlights

PART 05: Market landscape
- Market size and forecast
- Five forces analysis

PART 06: Market segmentation by service type
- Global oil and gas storage services market by service type
- Storage services
- Ancillary services
- Other services

PART 07: Geographical segmentation
- Global oil and gas storage service market by geography
- Oil and gas storage market in Americas
- Oil and gas storage market in EMEA
- Oil and gas storage market in APAC

PART 08: Market drivers
- Geographical diversification of crude oil markets
- Delay in oil and gas pipeline projects
- High demand for oil and oil products

PART 09: Impact of drivers

PART 10: Market challenges
- Investment justification in era of uncertain oil prices
- High injury rates and vulnerability to natural phenomena
- High operational cost and strategic locations for oil terminals

PART 11: Impact of drivers and challenges

PART 12: Market trends
- Increased encounters of hostile operational conditions
- Shift toward independent oil and gas storage service companies
- Demand and supply moving from west to east

Continue……

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