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[Research Report] Outlook on New Construction and Expansion Projects for Liquid Storage Facilities Worldwide

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Globally, it is expected that 257 liquid storage projects will begin operations between 2024 and 2028. Of these, 165 are new constructions, while the remaining 92 are expansion projects. Asia, the Middle East, and North America will lead the increase in global liquid storage capacity by 2028. In terms of total development costs for projects scheduled to start between 2024 and 2028, Asia will again lead the world, followed by the Middle East and North America. This report investigates new and expansion projects for liquid storage facilities worldwide and summarizes trends and forecasts by region, development stage, and major countries for the period from 2024 to 2028.

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