석유 및 가스 저장 서비스 시장 : 세계 산업 규모, 점유율, 동향, 기회, 예측 - 서비스별, 제품 유형별, 최종사용자별, 지역별 및 경쟁(2021-2031년)

The Global Oil & Gas Storage Services Market is projected to expand from USD 4.78 Billion in 2025 to USD 6.71 Billion by 2031, achieving a Compound Annual Growth Rate of 5.82%. This sector comprises the commercial infrastructure and logistics networks necessary to stockpile crude oil, refined petroleum products, and natural gas in surface tanks or subterranean reservoirs. The market's growth is primarily driven by the intensifying global focus on energy security and the critical need to shield supply chains from disruptions caused by geopolitical instability. Additionally, the characteristic price volatility of hydrocarbon commodities encourages stakeholders to leverage storage facilities for strategic inventory control and arbitrage, ensuring consistent distribution even during periods of fluctuating consumption.

Despite these growth prospects, the market faces significant hurdles due to the immense capital expenditure required to construct new facilities and maintain aging infrastructure while adhering to rigorous environmental standards. These financial barriers can obstruct capacity development and delay essential modernization efforts. The volatility of inventory levels that providers must manage is highlighted by data from the International Energy Agency; in November 2024, OECD industry stocks dropped to 2,799 million barrels, standing 95.3 million barrels below the five-year average. This deficit illustrates the dynamic shifts in inventory that storage operators must navigate to balance supply and demand.

Market Driver

The rapid increase in Liquefied Natural Gas (LNG) trade acts as a primary catalyst for the storage services sector, necessitating the accelerated development of specialized infrastructure. As nations diversify their energy mixes to reduce dependence on pipeline gas and coal, the logistical chain for LNG requires extensive cryogenic containment and regasification terminals. This momentum ensures high utilization rates for existing facilities and stimulates investment in new capacity to handle transshipment volumes, bridging the gap between production centers and end-users. According to Shell's 'LNG Outlook 2024' from February 2024, global trade in liquefied natural gas reached 404 million tonnes in 2023, underscoring the massive scale of physical volumes requiring intermediate stockpiling and logistical management.

Simultaneously, the expansion of Strategic Petroleum Reserves (SPR) by major economies directly reinforces the demand for large-scale storage solutions. Governments are actively procuring crude oil to refill national buffers, aiming to insulate domestic markets from supply shocks arising from geopolitical conflicts and production cuts. This state-led accumulation absorbs available commercial capacity and ensures consistent revenue streams for operators managing these reserves. For instance, the U.S. Department of Energy announced in October 2024 that the government purchased over 55 million barrels of oil to replenish the stockpile. This activity aligns with broader consumption trends, as noted by the Organization of the Petroleum Exporting Countries in its November 2024 'Monthly Oil Market Report', which forecasts a robust world oil demand growth of 1.82 million barrels per day for 2024.

Market Challenge

The substantial capital expenditure required for constructing new facilities and upgrading aging infrastructure constitutes a formidable barrier hampering the growth of the Global Oil & Gas Storage Services Market. Developing storage terminals involves massive upfront costs and extended payback periods, which discourages investment, particularly when compounded by strict environmental regulations that necessitate expensive compliance measures. These financial and regulatory hurdles force operators to divert funds toward maintaining existing assets rather than expanding capacity, thereby slowing the development of critical infrastructure needed to handle supply fluctuations.

Consequently, this investment deficit creates a bottleneck that restricts the market's ability to adapt to shifting global energy flows. The magnitude of this financial challenge is evident in the sector's long-term capital requirements. According to the Organization of the Petroleum Exporting Countries (OPEC), in its World Oil Outlook released in September 2024, the global oil midstream sector requires a cumulative investment of approximately $1.3 trillion between 2024 and 2050 to ensure efficient transport and storage logistics. Such a high capital threshold restricts market entry for new players and delays necessary expansion projects, directly impeding the industry's growth trajectory.

Market Trends

The integration of Carbon Capture, Utilization, and Storage (CCUS) solutions is transforming the market as service providers evolve into carbon management hubs to decarbonize industrial clusters. Operators are increasingly retrofitting terminals and leveraging geological reservoirs to offer CO2 transport and sequestration services, creating a new revenue stream distinct from traditional hydrocarbon storage. This shift is driven by the need to manage industrial emissions, resulting in a rapid expansion of planned facilities. According to the International Energy Agency (IEA), April 2025, in the commentary 'CCUS projects around the world are reaching new milestones', the global project pipeline indicates that carbon capture capacity is set to reach approximately 430 million tonnes per year by 2030 based on current developments.

Concurrently, the sector is witnessing a strategic trend towards repurposing existing infrastructure for hydrogen and ammonia storage to support the energy transition. Market players are modifying brownfield sites and terminal assets to handle low-carbon carriers, capitalizing on established port access and logistical connectivity to minimize development costs compared to greenfield projects. This adaptation is essential for accommodating the growing trade in green fuels. According to Vopak, February 2025, in the 'Annual Report 2024', the company is redeveloping a strategic plot of land at its Antwerp terminal to facilitate the storage of green methanol and ammonia, illustrating the active conversion of legacy assets for new energy applications.

Key Market Players

• Buckeye Partners, L.P.
• Magellan Midstream Partners, L.P.
• Oiltanking GmbH
• Royal Vopak N.V.
• Vitol Group
• Kinder Morgan, Inc.
• NuStar Energy L.P
• Odfjell SE
• International-Matex Tank Terminals
• Clean Harbors, Inc

Report Scope

In this report, the Global Oil & Gas Storage Services Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Oil & Gas Storage Services Market, By Service

• Storage Service
• Throughput Service
• Ancillary Service

Oil & Gas Storage Services Market, By Product Type

• Crude Oil
• Gasoline
• Diesel
• Jet Fuel
• Liquefied Petroleum Gas (LPG)
• Heavy Fuel Oil (Residual)
• Others

Oil & Gas Storage Services Market, By End-Users

• Refinery
• Distributors
• Merchant Traders

Oil & Gas Storage Services Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Oil & Gas Storage Services Market.

Available Customizations:

Global Oil & Gas Storage Services Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Oil & Gas Storage Services Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Service (Storage Service, Throughput Service, Ancillary Service)
  • 5.2.2. By Product Type (Crude Oil, Gasoline, Diesel, Jet Fuel, Liquefied Petroleum Gas (LPG), Heavy Fuel Oil (Residual), Others)
  • 5.2.3. By End-Users (Refinery, Distributors, Merchant Traders)
  • 5.2.4. By Region
  • 5.2.5. By Company (2025)
• 5.3. Market Map

6. North America Oil & Gas Storage Services Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Service
  • 6.2.2. By Product Type
  • 6.2.3. By End-Users
  • 6.2.4. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Oil & Gas Storage Services Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Service
      • 6.3.1.2.2. By Product Type
      • 6.3.1.2.3. By End-Users
  • 6.3.2. Canada Oil & Gas Storage Services Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Service
      • 6.3.2.2.2. By Product Type
      • 6.3.2.2.3. By End-Users
  • 6.3.3. Mexico Oil & Gas Storage Services Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Service
      • 6.3.3.2.2. By Product Type
      • 6.3.3.2.3. By End-Users

7. Europe Oil & Gas Storage Services Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Service
  • 7.2.2. By Product Type
  • 7.2.3. By End-Users
  • 7.2.4. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Oil & Gas Storage Services Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Service
      • 7.3.1.2.2. By Product Type
      • 7.3.1.2.3. By End-Users
  • 7.3.2. France Oil & Gas Storage Services Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Service
      • 7.3.2.2.2. By Product Type
      • 7.3.2.2.3. By End-Users
  • 7.3.3. United Kingdom Oil & Gas Storage Services Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Service
      • 7.3.3.2.2. By Product Type
      • 7.3.3.2.3. By End-Users
  • 7.3.4. Italy Oil & Gas Storage Services Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Service
      • 7.3.4.2.2. By Product Type
      • 7.3.4.2.3. By End-Users
  • 7.3.5. Spain Oil & Gas Storage Services Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Service
      • 7.3.5.2.2. By Product Type
      • 7.3.5.2.3. By End-Users

8. Asia Pacific Oil & Gas Storage Services Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Service
  • 8.2.2. By Product Type
  • 8.2.3. By End-Users
  • 8.2.4. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Oil & Gas Storage Services Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Service
      • 8.3.1.2.2. By Product Type
      • 8.3.1.2.3. By End-Users
  • 8.3.2. India Oil & Gas Storage Services Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Service
      • 8.3.2.2.2. By Product Type
      • 8.3.2.2.3. By End-Users
  • 8.3.3. Japan Oil & Gas Storage Services Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Service
      • 8.3.3.2.2. By Product Type
      • 8.3.3.2.3. By End-Users
  • 8.3.4. South Korea Oil & Gas Storage Services Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Service
      • 8.3.4.2.2. By Product Type
      • 8.3.4.2.3. By End-Users
  • 8.3.5. Australia Oil & Gas Storage Services Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Service
      • 8.3.5.2.2. By Product Type
      • 8.3.5.2.3. By End-Users

9. Middle East & Africa Oil & Gas Storage Services Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Service
  • 9.2.2. By Product Type
  • 9.2.3. By End-Users
  • 9.2.4. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Oil & Gas Storage Services Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Service
      • 9.3.1.2.2. By Product Type
      • 9.3.1.2.3. By End-Users
  • 9.3.2. UAE Oil & Gas Storage Services Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Service
      • 9.3.2.2.2. By Product Type
      • 9.3.2.2.3. By End-Users
  • 9.3.3. South Africa Oil & Gas Storage Services Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Service
      • 9.3.3.2.2. By Product Type
      • 9.3.3.2.3. By End-Users

10. South America Oil & Gas Storage Services Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Service
  • 10.2.2. By Product Type
  • 10.2.3. By End-Users
  • 10.2.4. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Oil & Gas Storage Services Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Service
      • 10.3.1.2.2. By Product Type
      • 10.3.1.2.3. By End-Users
  • 10.3.2. Colombia Oil & Gas Storage Services Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Service
      • 10.3.2.2.2. By Product Type
      • 10.3.2.2.3. By End-Users
  • 10.3.3. Argentina Oil & Gas Storage Services Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Service
      • 10.3.3.2.2. By Product Type
      • 10.3.3.2.3. By End-Users

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Oil & Gas Storage Services Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. Buckeye Partners, L.P.
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. Magellan Midstream Partners, L.P.
• 15.3. Oiltanking GmbH
• 15.4. Royal Vopak N.V.
• 15.5. Vitol Group
• 15.6. Kinder Morgan, Inc.
• 15.7. NuStar Energy L.P
• 15.8. Odfjell SE
• 15.9. International-Matex Tank Terminals
• 15.10. Clean Harbors, Inc

16. Strategic Recommendations

17. About Us & Disclaimer