North America is the largest regional market for oil and gas storage, valued at 929 million U.S. dollars in 2019 and expected to rise to over one billion U.S. dollars by 2026. The Middle East and Africa followed, as the second largest region within this market, with a market size of 749 million U.S. dollars in 2019. This also reflects the largest countries in the oil and gas storage market, with the United States as the leading country, followed by Saudi Arabia.
Oil and natural gas storage market size worldwide in 2019, with a forecast for 2026, by region
(in million U.S. dollars)
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MRFR. (August 1, 2020). Oil and natural gas storage market size worldwide in 2019, with a forecast for 2026, by region (in million U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1280419/global-oil-and-gas-storage-market-size-by-region/
MRFR. "Oil and natural gas storage market size worldwide in 2019, with a forecast for 2026, by region (in million U.S. dollars)." Chart. August 1, 2020. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1280419/global-oil-and-gas-storage-market-size-by-region/
MRFR. (2020). Oil and natural gas storage market size worldwide in 2019, with a forecast for 2026, by region (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1280419/global-oil-and-gas-storage-market-size-by-region/
MRFR. "Oil and Natural Gas Storage Market Size Worldwide in 2019, with a Forecast for 2026, by Region (in Million U.S. Dollars)." Statista, Statista Inc., 1 Aug 2020, https://www.statista.com/statistics/1280419/global-oil-and-gas-storage-market-size-by-region/
MRFR, Oil and natural gas storage market size worldwide in 2019, with a forecast for 2026, by region (in million U.S. dollars) Statista, https://www.statista.com/statistics/1280419/global-oil-and-gas-storage-market-size-by-region/ (last visited November 22, 2024)
Oil and natural gas storage market size worldwide in 2019, with a forecast for 2026, by region (in million U.S. dollars) [Graph], MRFR, August 1, 2020. [Online]. Available: https://www.statista.com/statistics/1280419/global-oil-and-gas-storage-market-size-by-region/