Global Oil Storage Terminal Market Growth 2025-2031

The global Oil Storage Terminal market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

An oil terminal (also called a tank farm, tankfarm, oil installation or oil depot) is an industrial facility for the storage of oil, petroleum and petrochemical products, and from which these products are transported to end users or other storage facilities. An oil terminal typically has a variety of above or below ground tankage; facilities for inter-tank transfer; pumping facilities; loading gantries for filling road tankers or barges; ship loading/unloading equipment at marine terminals; and pipeline connections.

United States market for Oil Storage Terminal is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Oil Storage Terminal is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Oil Storage Terminal is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Oil Storage Terminal players cover Oiltanking GmbH, Vitol, Shell, Royal Vopak, Brooge Energy, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Oil Storage Terminal Industry Forecast” looks at past sales and reviews total world Oil Storage Terminal sales in 2024, providing a comprehensive analysis by region and market sector of projected Oil Storage Terminal sales for 2025 through 2031. With Oil Storage Terminal sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Oil Storage Terminal industry.

This Insight Report provides a comprehensive analysis of the global Oil Storage Terminal landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Oil Storage Terminal portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Oil Storage Terminal market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Oil Storage Terminal and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Oil Storage Terminal.

This report presents a comprehensive overview, market shares, and growth opportunities of Oil Storage Terminal market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Strategic Reserve
Commercial Reserve

Segmentation by Application:
Transportation
Trading
Military

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Oiltanking GmbH
Vitol
Shell
Royal Vopak
Brooge Energy
Koole Terminals
Oman Tank Terminal Company（Ottco）
GPS Group
Ceylon Petroleum Storage Terminal Limited
Eilat Ashkelon Pipeline Co. Ltd.
LBC Tank Terminals
Ergon International
Olivia Petroleum. SAU.
Odfjell SE
Puma Energy
T BAILEY, INC
Kinder Morgan

Key Questions Addressed in this Report

What is the 10-year outlook for the global Oil Storage Terminal market?

What factors are driving Oil Storage Terminal market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Oil Storage Terminal market opportunities vary by end market size?

How does Oil Storage Terminal break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.