Market research Future Oil and Gas Storage Market Share, Size. | Page 3

Oil and gas storage market Research Report- Forecast to 2023
2 Market Overview
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.
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 fields. The
different storage types have their own physical characteristics such as porosity, permeability, maintenance
cost and other miscellaneous cost associated with the site. Oil is usually stored in containers, ships and
other facilities so they can be transported effectively. The growing demand for oil and natural gas has
resulted in increase in exploration of oil and gas fields, which are used as aboveground and underground
facilities.
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 report studies key players, providing a five-year annual trend
analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC)
and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities
for the next five years for each region. 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
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Oil
Natural Gas
Global Oil and Gas Storage Market, By Storage Type
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Underground
Aboveground
Global Oil and Gas Storage Market, By Region
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Europe
North America
Asia-Pacific
Rest of the world
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