Liquids Storage Industry Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Terminals to 2026
Summary
The global liquid storage capacity increased from 1,287,237 mcm in 2016 to 1,457,328 mcm in 2021 at an Average Annual Growth Rate (AAGR) of 2.5%. It is expected to increase from 1,457,328 mcm in 2021 to 1,626,661 mcm in 2026 at an AAGR of 2.2%. The US, China, Japan, India and the South Korea are the major countries accounted for 56.1% of the total liquid’s storage capacity of the world in 2021. Freeport V, West Hackberry, Zhoushan V, Big Hill and Jurong Island II are the largest liquid storage terminals in the world.
Scope
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