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Oil Storage Market Size, Share & Trends Analysis Report By Product (Open Top, Fixed Roof, Floating Roof), By Application, By Region (North America, Europe, Asia Pacific, Latin America, MEA), And Segment Forecasts, 2026 - 2033

Publisher Grand View Research
Published Dec 26, 2025
Length 120 Pages
SKU # GV20724126

Description

Oil Storage Market Summary

The global oil storage market size was estimated at 2315.2 MCM in 2025 and is projected to reach 3296.1 MCM by 2033, growing at a CAGR of 4.4% from 2026 to 2033. Rapid industrialization and urbanization, particularly across emerging economies, continue to drive higher consumption of energy resources, including crude oil and refined petroleum products.

As nations expand transportation networks, manufacturing capacity, and urban infrastructure, the need for reliable and efficient oil storage systems becomes increasingly critical to ensure uninterrupted supply chains and inventory management. This rising demand is prompting investments in new storage terminals and the expansion of existing facilities, supporting steady market growth in terms of installed storage volume.

Oil storage infrastructure plays a vital role in supporting strategic reserves, commercial trading activities, and operational requirements across the energy value chain. Large and medium capacity storage facilities are preferred due to their ability to handle bulk volumes, improve logistical efficiency, and enhance energy security. Growing volatility in global oil prices, increasing cross-border oil trade, and government-led initiatives to strengthen strategic petroleum reserves in countries such as the U.S., China, India, and key Middle Eastern economies are further accelerating the expansion of oil storage capacity worldwide.

Global Oil Storage Market Report Segmentation

This report forecasts volume growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global oil storage market report based on the product, application, and region.
  • Product Outlook (Volume, Million cubic meters, 2021 - 2033)
  • Open top
  • Fixed roof
  • Floating roof
  • Others
  • Application Outlook (Volume, Million cubic meters, 2021 - 2033)
  • Crude oil
  • Middle distillates
  • Gasoline
  • Aviation fuel
  • Others
  • Regional Outlook (Volume, Million cubic meters, 2021 - 2033)
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Latin America
  • Brazil
  • Middle East & Africa
  • Saudi Arabia
  • UAE
Please note The report will be delivered in 4-8 business days upon order notification.

Table of Contents

120 Pages
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Information Analysis
1.3.2. Market Formulation & Data Visualization
1.3.3. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segmental Outlook
2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
3.1. Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Value Chain Analysis
3.4. Regulatory Framework
3.4.1. Standards & Compliance
3.4.2. Regulatory Impact Analysis
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Market Opportunities
3.5.4. Market Challenges
3.6. Porter’s Five Forces Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of Substitution
3.6.4. Threat of New Entrants
3.6.5. Competitive Rivalry
3.7. PESTLE Analysis
3.7.1. Political
3.7.2. Economic
3.7.3. Social Landscape
3.7.4. Product
3.7.5. Environmental
3.7.6. Legal
Chapter 4. Oil Storage Market: Product Estimates & Trend Analysis
4.1. Oil Storage Market: Product Movement Analysis, 2025 & 2033
4.2. Open top
4.2.1. Market estimates and forecasts, 2021 - 2033 (Million cubic meters)
4.3. Fixed roof
4.3.1. Market estimates and forecasts, 2021 - 2033 (Million cubic meters)
4.4. Floating roof
4.4.1. Market estimates and forecasts, 2021 - 2033 (Million cubic meters)
4.5. Others
4.5.1. Market estimates and forecasts, 2021 - 2033 (Million cubic meters)
Chapter 5. Oil Storage Market: Application Estimates & Trend Analysis
5.1. Oil Storage Market: Application Movement Analysis, 2025 & 2033
5.2. Crude oil
5.2.1. Market estimates and forecasts, 2021 - 2033 (Million cubic meters)
5.3. Middle distillates
5.3.1. Market estimates and forecasts, 2021 - 2033 (Million cubic meters)
5.4. Gasoline
5.4.1. Market estimates and forecasts, 2021 - 2033 (Million cubic meters)
5.5. Aviation fuel
5.5.1. Market estimates and forecasts, 2021 - 2033 (Million cubic meters)
5.6. Others
5.6.1. Market estimates and forecasts, 2021 - 2033 (Million cubic meters)
Chapter 6. Oil Storage Market: Regional Estimates & Trend Analysis
6.1. Regional Analysis, 2025 & 2033
6.2. North America
6.2.1. Market estimates and forecasts, 2021 - 2033 (Million cubic meters)
6.2.2. Market estimates and forecasts, by product, 2021 - 2033 (Million cubic meters)
6.2.3. Market estimates and forecasts, by application, 2021 - 2033 (Million cubic meters)
6.2.4. U.S.
6.2.4.1. Market estimates and forecasts, 2021 - 2033 (Million cubic meters)
6.2.4.2. Market estimates and forecasts, by product, 2021 - 2033 (Million cubic meters)
6.2.4.3. Market estimates and forecasts, by application, 2021 - 2033 (Million cubic meters)
6.2.5. Canada
6.2.5.1. Market estimates and forecasts, 2021 - 2033 (Million cubic meters)
6.2.5.2. Market estimates and forecasts, by product, 2021 - 2033 (Million cubic meters)
6.2.5.3. Market estimates and forecasts, by application, 2021 - 2033 (Million cubic meters)
6.2.6. Mexico
6.2.6.1. Market estimates and forecasts, 2021 - 2033 (Million cubic meters)
6.2.6.2. Market estimates and forecasts, by product, 2021 - 2033 (Million cubic meters)
6.2.6.3. Market estimates and forecasts, by application, 2021 - 2033 (Million cubic meters)
6.3. Europe
6.3.1. Market estimates and forecasts, 2021 - 2033 (Million cubic meters)
6.3.2. Market estimates and forecasts, by product, 2021 - 2033 (Million cubic meters)
6.3.3. Market estimates and forecasts, by application, 2021 - 2033 (Million cubic meters)
6.3.4. Germany
6.3.4.1. Market estimates and forecasts, 2021 - 2033 (Million cubic meters)
6.3.4.2. Market estimates and forecasts, by product, 2021 - 2033 (Million cubic meters)
6.3.4.3. Market estimates and forecasts, by application, 2021 - 2033 (Million cubic meters)
6.3.5. UK
6.3.5.1. Market estimates and forecasts, 2021 - 2033 (Million cubic meters)
6.3.5.2. Market estimates and forecasts, by product, 2021 - 2033 (Million cubic meters)
6.3.5.3. Market estimates and forecasts, by application, 2021 - 2033 (Million cubic meters)
6.3.6. France
6.3.6.1. Market estimates and forecasts, 2021 - 2033 (Million cubic meters)
6.3.6.2. Market estimates and forecasts, by product, 2021 - 2033 (Million cubic meters)
6.3.6.3. Market estimates and forecasts, by application, 2021 - 2033 (Million cubic meters)
6.4. Asia Pacific
6.4.1. Market estimates and forecasts, 2021 - 2033 (Million cubic meters)
6.4.2. Market estimates and forecasts, by product, 2021 - 2033 (Million cubic meters)
6.4.3. Market estimates and forecasts, by application, 2021 - 2033 (Million cubic meters)
6.4.4. China
6.4.4.1. Market estimates and forecasts, 2021 - 2033 (Million cubic meters)
6.4.4.2. Market estimates and forecasts, by product, 2021 - 2033 (Million cubic meters)
6.4.4.3. Market estimates and forecasts, by application, 2021 - 2033 (Million cubic meters)
6.4.5. India
6.4.5.1. Market estimates and forecasts, 2021 - 2033 (Million cubic meters)
6.4.5.2. Market estimates and forecasts, by product, 2021 - 2033 (Million cubic meters)
6.4.5.3. Market estimates and forecasts, by application, 2021 - 2033 (Million cubic meters)
6.4.6. Japan
6.4.6.1. Market estimates and forecasts, 2021 - 2033 (Million cubic meters)
6.4.6.2. Market estimates and forecasts, by product, 2021 - 2033 (Million cubic meters)
6.4.6.3. Market estimates and forecasts, by application, 2021 - 2033 (Million cubic meters)
6.4.7. South Korea
6.4.7.1. Market estimates and forecasts, 2021 - 2033 (Million cubic meters)
6.4.7.2. Market estimates and forecasts, by product, 2021 - 2033 (Million cubic meters)
6.4.7.3. Market estimates and forecasts, by application, 2021 - 2033 (Million cubic meters)
6.5. Latin America
6.5.1. Market estimates and forecasts, 2021 - 2033 (Million cubic meters)
6.5.2. Market estimates and forecasts, by product, 2021 - 2033 (Million cubic meters)
6.5.3. Market estimates and forecasts, by application, 2021 - 2033 (Million cubic meters)
6.5.4. Brazil
6.5.4.1. Market estimates and forecasts, 2021 - 2033 (Million cubic meters)
6.5.4.2. Market estimates and forecasts, by product, 2021 - 2033 (Million cubic meters)
6.5.4.3. Market estimates and forecasts, by application, 2021 - 2033 (Million cubic meters)
6.6. Middle East & Africa
6.6.1. Market estimates and forecasts, 2021 - 2033 (Million cubic meters)
6.6.2. Market estimates and forecasts, by product, 2021 - 2033 (Million cubic meters)
6.6.3. Market estimates and forecasts, by application, 2021 - 2033 (Million cubic meters)
6.6.4. Saudi Arabia
6.6.4.1. Market estimates and forecasts, 2021 - 2033 (Million cubic meters)
6.6.4.2. Market estimates and forecasts, by product, 2021 - 2033 (Million cubic meters)
6.6.4.3. Market estimates and forecasts, by application, 2021 - 2033 (Million cubic meters)
6.6.5. UAE
6.6.5.1. Market estimates and forecasts, 2021 - 2033 (Million cubic meters)
6.6.5.2. Market estimates and forecasts, by product, 2021 - 2033 (Million cubic meters)
6.6.5.3. Market estimates and forecasts, by application, 2021 - 2033 (Million cubic meters)
Chapter 7. Competitive Landscape
7.1. Recent Developments By Key Market Participants
7.2. Company Categorization
7.3. List of Key Component Suppliers & Channel Partners
7.4. Company Market Share & Positioning Analysis, 2025
7.5. Heat Map Analysis
7.6. Vendor Landscape
7.6.1. List of Raw Material Suppliers
7.6.2. List of Distributors/Traders
7.6.3. List of Other Prominent Manufacturers
7.7. List of Prospective End Users
7.8. Strategy Mapping
7.9. Company Profiles/Listing
7.9.1. Koninklijke Vopak N.V.
7.9.1.1. Company Overview
7.9.1.2. Financial Performance
7.9.1.3. Product Benchmarking
7.9.2. Vitol Tank Terminals International BV (VTTI)
7.9.2.1. Company Overview
7.9.2.2. Financial Performance
7.9.2.3. Product Benchmarking
7.9.3. Oiltanking GmbH
7.9.3.1. Company Overview
7.9.3.2. Financial Performance
7.9.3.3. Product Benchmarking
7.9.4. China National Petroleum Corporation (CNPC)
7.9.4.1. Company Overview
7.9.4.2. Financial Performance
7.9.4.3. Product Benchmarking
7.9.5. China Petroleum & Chemical Corporation (Sinopec Group)
7.9.5.1. Company Overview
7.9.5.2. Financial Performance
7.9.5.3. Product Benchmarking
7.9.6. Saudi Aramco
7.9.6.1. Company Overview
7.9.6.2. Financial Performance
7.9.6.3. Product Benchmarking
7.9.7. Kinder Morgan, Inc.
7.9.7.1. Company Overview
7.9.7.2. Financial Performance
7.9.7.3. Product Benchmarking
7.9.8. Buckeye Partners, L.P.
7.9.8.1. Company Overview
7.9.8.2. Financial Performance
7.9.8.3. Product Benchmarking
7.9.9. Rosneft Oil Company
7.9.9.1. Company Overview
7.9.9.2. Financial Performance
7.9.9.3. Product Benchmarking
7.9.10. BP plc
7.9.10.1. Company Overview
7.9.10.2. Financial Performance
7.9.10.3. Product Benchmarking

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