Charts & Stats

Global Oil & Gas Storage market [2018-2026] by Asia Pacific

By Asia Pacific, the market is segmented into Asia Pacific, Australia, China, Indonesia, India, Japan, South Korea, and Rest of Asia Pacific (2018-2026)

Author: Wantstats Research TeamSource: Wantstats Repository
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Global Oil & Gas Storage market [2018-2026] by Asia Pacific — full underlying data
LabelAsia PacificAustraliaChinaIndonesiaIndiaJapanSouth KoreaRest of Asia Pacific
2018625.8 USD Mn75.4 USD Mn236.1 USD Mn62.6 USD Mn94.3 USD Mn44.1 USD Mn31.7 USD Mn81.5 USD Mn
2019636.3 USD Mn76.4 USD Mn241.8 USD Mn63.6 USD Mn95.4 USD Mn44.5 USD Mn31.8 USD Mn82.7 USD Mn
2020647.3 USD Mn77.4 USD Mn247.7 USD Mn64.7 USD Mn96.6 USD Mn45.0 USD Mn32.0 USD Mn84.0 USD Mn
2021659.9 USD Mn78.6 USD Mn254.2 USD Mn65.9 USD Mn98.0 USD Mn45.6 USD Mn32.2 USD Mn85.5 USD Mn
2022674.1 USD Mn79.9 USD Mn261.4 USD Mn67.2 USD Mn99.6 USD Mn46.2 USD Mn32.5 USD Mn87.1 USD Mn
2023689.1 USD Mn81.4 USD Mn269.0 USD Mn68.6 USD Mn101.4 USD Mn46.9 USD Mn32.9 USD Mn88.9 USD Mn
2024707.6 USD Mn83.3 USD Mn278.0 USD Mn70.4 USD Mn103.6 USD Mn47.9 USD Mn33.4 USD Mn91.1 USD Mn
2025726.7 USD Mn85.2 USD Mn287.4 USD Mn72.2 USD Mn105.9 USD Mn48.8 USD Mn33.9 USD Mn93.4 USD Mn
2026746.5 USD Mn87.2 USD Mn297.0 USD Mn74.1 USD Mn108.2 USD Mn49.8 USD Mn34.4 USD Mn95.7 USD Mn

Data Source: Wantstats Repository

Wantstats

Market Dynamics

China accounted for the largest market share in 2019 in the Asia Pacific oil & gas storage market, and is expected to reach USD 297.00 Million in 2026 from USD 241.80 Million in 2019. However, China is the fastest growing market, which is expected to grow at a CAGR of 3.07% during the forecast period 2020 - 2026.This market is projected to grow at a CAGR of 3.07% during the forecast period from 2020 - 2026. aboveground segment accounted for the larger market share in 2019, this market is expected to reach USD 465.20 Million in 2026 from USD 389.50 Million in 2019. This market is projected to grow at a CAGR of 2.66% during the forecast period from 2020 - 2026. However, aboveground segment is the fastest growing market, which is expected to grow at a CAGR of 2.66% during the forecast period 2020 - 2026. oil segment accounted for the larger market share in 2019, this market is expected to reach USD 453.90 Million in 2026 from USD 384.30 Million in 2019. This market is projected to grow at a CAGR of 2.50% during the forecast period from 2020 - 2026. However, oil segment is the fastest growing market, which is expected to grow at a CAGR of 2.50% during the forecast period 2020 - 2026.

Research Methodology

Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.

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