For a long time, the cure for diabetes type 1 and type 2 has relied on agonizing insulin shots for patients or insulin infusion via mechanical pumps. Regarding this, experts have been creating artificial pancreatic beta cells with the he…
Market Overview of Global Oil Tank Cleaning market:
According to our latest research, the global Oil Tank Cleaning market looks promising in the next 5 years. As of 2022, the global Oil Tank Cleaning market was estimated at USD XX million, and it's anticipated to reach USD XX million in 2028, with a CAGR of XX% during the forecast years.
Oil tank cleaning is a sequence of processes to clean thick layers of foreign particles (debris, sand, soil, and metal particles) settled on the inner part of petroleum tanks. These foreign particles form a thick, dark gelatinous layer on the bottom surface and get thicker with time. Eventually, it reduces the tank's storage capacity and poses a threat to its safety due to the hazardous nature of foreign debris. Hence, it is important to clean the oil tank regularly, which is also required for production safety. This reports studies both manual and automatic oil tank cleaning that can be applied to crude oil tank, refinery oil tank, gas station, etc.
COVID-19 had a life-changing impact globally. The oil tank cleaning market was significantly affected. The virus had various impacts on different markets. Lockdowns were imposed in the USA. This erratic pandemic caused disruptions in all sorts of businesses. Restrictions tightened during the pandemic due to the increasing number of cases. Numerous Industries were affected. Meanwhile, the market for oil tank cleaning experienced a drop in demand. Meanwhile, the automated tank cleaning machine market was severely affected adversely as the lockdown was imposed. The disruptions in the supply chain caused a hamper in the production units. This led due to the inaccessibility of manufacturing hubs and service providers. Also, the workforce in this industry saw a major decline.
Rising awareness regarding cleaning and maintenance for proper functioning, safe, and continuous operation of the industry and increasing usage of oil tank cleaning is expected to drive the growth of the oil tank cleaning market over the years to come. Cleaning of Above Ground Storage Tanks (AST), is a vital part of the operations in the oil and petrochemical industries. The cleaning of crude oil and derivative product tanks is required prior to periodic inspection and subsequent mechanical work. Particularly, in cases of larger tanks containing crude oil, or other "black oil" products, such as residue, and heavy gas oils, cleaning these tanks is a major undertaking that requires a great deal of planning, resources, manpower, time, and expenses. Crude oil sludge consists of 67% Oil, 25% Solids, and 8% Water. This thick substance collects at the bottom of oil tanks in refineries and tank farms and causes several issues, including discharge line blockages and reduced storage capacity. Regular oil tank cleaning and sludge removal are necessary to maximize storage capacity and prevent blockages and accelerated corrosion. Each cleaning helps effectively remove sludge and other oil contaminants.
Large crude oil tank farm owners generally prefer service providers who can also provide "hazardous material services" along with "Tank cleaning services" as they tend to sign a long-term contract with a reliable & financially capable contractor. In the same manner, Petroleum product tank farm operators prefer signing a single contract for multiple services with a single contractor who can provide a variety of other services including general maintenance and inspection & corrosion protection services. Such structural contract needs do not provide competitive play & behave as a restraint for many small-sized cleaning service providers.
Company Overview:
Clean Harbors, Inc.
Clean Harbors is North America's leading provider of environmental and industrial services. The Company serves a diverse customer base, including a majority of Fortune 500 companies. Its customer base spans a number of industries, including chemical, and manufacturing, as well as numerous government agencies. These customers rely on Clean Harbors to deliver a broad range of services such as end-to-end hazardous waste management, emergency spill response, industrial cleaning and maintenance, and recycling services. Through its Safety-Kleen subsidiary, Clean Harbors also is North America's largest re-refiner and recycler of used oil and a leading provider of parts washers and environmental services to commercial, industrial and automotive customers.
Republic Services, Inc.
Republic Services is an American waste disposal company whose services include non-hazardous solid waste collection, waste transfer, waste disposal, recycling, and energy services. It is the second largest provider of waste disposal in the United States after Waste Management Corporation
Segmentation Overview:
Among different product types, Manual segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Crude Oil Tank segment occupied the biggest share from 2018 to 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Oil Tank Cleaning market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Oil Tank Cleaning Market Report:
Market Size Estimates: Oil Tank Cleaning market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Oil Tank Cleaning market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Oil Tank Cleaning market
Segment Market Analysis: Oil Tank Cleaning market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Oil Tank Cleaning market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Oil Tank Cleaning Market: Revenue and sales volume of major countries in each region
Oil Tank Cleaning Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Oil Tank Cleaning market in major regions.
Oil Tank Cleaning Industry Value Chain: Oil Tank Cleaning market raw materials & suppliers, manufacturing process, distributors, downstream customers
Oil Tank Cleaning Industry News, Policies & Regulations
Key players in the global Oil Tank Cleaning market are covered in Chapter 12:
Midwestern Services, Inc.
Covanta Holding Corporation
Republic Services, Inc.
Superior Environmental Services, LLC
USA DeBusk, LLC
CIRCON Environmental
TAS Environmental Services
Clean Harbors, Inc.
Adler Industries
Evergreen North America Industrial Services
In Chapter 2 and Chapter 15.1, based on types, the Oil Tank Cleaning market from 2018 to 2028 is primarily split into:
Manual
Automatic
In Chapter 3 and Chapter 15.2, based on applications, the Oil Tank Cleaning market from 2018 to 2028 covers:
Crude Oil Tank
Refinery Oil Tank
Gas Station
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Oil Tank Cleaning market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028