The Bulk Fuel Storage industry provides essential storage services for the petroleum sector. The industry acts as a repository for petroleum products in transit from refiners and importers. Downstream petroleum participants, like wholesalers and retailers, take delivery of the products stored by the industry. In practice, one company tends to operate the entire supply chain of import, refinery, wholesale and retail processes. Competition in the sector is vertical, with four main companies dominating within Australia.
Within this framework, the industry provides the necessary function of storage. Without access to industry services, players cannot enter the Australian market.
Companies in this industry store fuel in bulk. The fuel is stored in large quantities in tanks or drums and is not transformed or processed while it is in storage.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.