Industry: Machinery & Equipment
Published Date: 2026-01-04
Pages: 109 Pages
Report ld: 5492899
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Floating Production Storage and Offloading (FPSO) Market Size(US$)

CAGR 2026-2032
5.0%
Market Size,2032
USD 34,120
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Floating Production Storage and Offloading (FPSO) was estimated to be worth US$ 24360 million in 2025 and is projected to reach US$ 34120 million, growing at a CAGR of 5.0% from 2026 to 2032.
The potential shifts in the 2025 U.S. tariff framework pose substantial volatility risks to global markets. This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Floating Production Storage and Offloading (FPSO) cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Floating Production, Storage, and Offloading (FPSO) is a floating tank system used by the oil and gas industry particularly in offshore operations. Floating production vessels are built with processing facilities, allowing it to handle the oil or gas it receives from nearby platforms or templates. Processed oil or gas is stored in the FPSO until a sufficient amount has been collected to fill a tanker. At which point, the unit offloads the stored material using a loading hose into a tanker going ashore.
FPSO vessels are popular as they can be easily moved and installed to nearby platforms and also allow for easy transportation of oil to tankers or pipelines. Once an existing field has been depleted FPSO can then be moved to other locations. This makes them suitable for smaller fields which can be depleted quickly and avoids the need for installing permanent expensive pipelines.
The vessels often take the form of traditional tankers. In addition to dedicated vessels that are designed for FPSO, oil and gas tankers can be converted to an FPSO vessel which also makes them an economical and flexible option
Latin America is the largest Floating Production Storage and Offloading (FPSO) market with about 50% market share.
The key players are Dalian Shipbuilding Industry Co., Ltd, China Ocean Shipping (Group) Company, CIMC Raffles, Samsung Heavy Industries, Daewoo Shipbuilding & Marine Engineering Co., Ltd., Keppel Corporation Limited, Hyundai Heavy Industries, Sembcorp Marine, China State Shipbuilding Corporation, China Merchants Industry Holdings etc. Top 3 companies occupied about 50% market share.
This report provides a comprehensive view of the global market for Floating Production Storage and Offloading (FPSO), covering total sales volume, sales revenue, pricing, the market share and ranking of key companies, along with analyses by region & country, by Type, and by Application.
The Floating Production Storage and Offloading (FPSO) market size, estimations, and forecasts are presented in terms of sales volume (Units) and revenue ($ millions), with 2025 as the base year and historical and forecast data from 2021 to 2032. The report combines quantitative and qualitative analysis to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current marketplace, and make informed business decisions regarding Floating Production Storage and Offloading (FPSO).
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the scope of the report and the global market size (value, volume, and price). It also summarizes market dynamics and Recent Developments; identifies key drivers and restraints; outlines challenges and risks for manufacturers; reviews relevant industry policies and U.S. tariff implications.
Chapter 2: Provides a detailed analysis of the Floating Production Storage and Offloading (FPSO) manufacturers' competitive landscape—including pricing, sales and revenue shares, Recent Developments plans, and mergers and acquisitions (M&A).
Chapter 3: Analyzes market segmentation by Type, presenting the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 4: Analyzes market segmentation by Application, presenting the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 5: Presents Floating Production Storage and Offloading (FPSO) sales and revenue at the regional level. It offers a quantitative assessment of market size and growth potential by region and summarizes market development, future prospects, addressable space, and country-level market size worldwide.
Chapter 6: Presents Floating Production Storage and Offloading (FPSO) sales and revenue at the country level. It provides segmented data by Type and by Application for each country/region.
Chapter 7: Profiles key players, detailing the main companies' product sales, revenue, pricing, gross margin, product portfolios, Recent Developments, etc.
Chapter 8: Analyzes the industry value chain, including upstream suppliers and downstream applications/customers.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
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We unpack rivals’ operation strategies for scattered and highly concentrated industries.
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TABLE OF CONTENTS
1 Market Overview
1.1 Floating Production Storage and Offloading (FPSO) Product Introduction
1.2 Global Floating Production Storage and Offloading (FPSO) Market Size Forecast
1.2.1 Global Floating Production Storage and Offloading (FPSO) Sales Value (2021–2032)
1.2.2 Global Floating Production Storage and Offloading (FPSO) Sales Volume (2021–2032)
1.2.3 Global Floating Production Storage and Offloading (FPSO) Sales Price (2021–2032)
1.3 Floating Production Storage and Offloading (FPSO) Market Trends & Drivers
1.3.1 Floating Production Storage and Offloading (FPSO) Industry Trends
1.3.2 Floating Production Storage and Offloading (FPSO) Market Drivers & Opportunities
1.3.3 Floating Production Storage and Offloading (FPSO) Market Challenges
1.3.4 Floating Production Storage and Offloading (FPSO) Market Restraints
1.3.5 Impact of U.S. Tariffs
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Floating Production Storage and Offloading (FPSO) Players Revenue Ranking (2025)
2.2 Global Floating Production Storage and Offloading (FPSO) Revenue by Company (2021–2026)
2.3 Global Floating Production Storage and Offloading (FPSO) Sales Volume Ranking of Players (2025)
2.4 Global Floating Production Storage and Offloading (FPSO) Sales Volume by Company (2021–2026)
2.5 Global Floating Production Storage and Offloading (FPSO) Average Price by Company (2021–2026)
2.6 Key Manufacturers Floating Production Storage and Offloading (FPSO) Manufacturing Base and Headquarters
2.7 Key Manufacturers Floating Production Storage and Offloading (FPSO) Product Offerings
2.8 Key Manufacturers Start of Mass Production of Floating Production Storage and Offloading (FPSO)
2.9 Floating Production Storage and Offloading (FPSO) Market Competitive Analysis
2.9.1 Floating Production Storage and Offloading (FPSO) Market Concentration Rate (2021–2026)
2.9.2 Global 5 and 10 Largest Manufacturers by Floating Production Storage and Offloading (FPSO) Revenue in 2025
2.9.3 Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on Floating Production Storage and Offloading (FPSO) revenue, 2025
2.10 Mergers & Acquisitions and Expansion
3 Segmentation Floating Production Storage and Offloading (FPSO) Market Classification
3.1 Introduction by Type
3.1.1 Spread Mooring
3.1.2 Single Point Mooring (SPM)
3.1.3 Dynamic Positioning (DP)
3.1.4 Global Floating Production Storage and Offloading (FPSO) Sales Value by Type
3.1.4.1 Global Floating Production Storage and Offloading (FPSO) Sales Value by Type (2021 vs 2025 vs 2032)
3.1.4.2 Global Floating Production Storage and Offloading (FPSO) Sales Value, by Type (2021–2032)
3.1.4.3 Global Floating Production Storage and Offloading (FPSO) Sales Value, by Type (%), 2021–2032
3.1.5 Global Floating Production Storage and Offloading (FPSO) Sales Volume by Type
3.1.5.1 Global Floating Production Storage and Offloading (FPSO) Sales Volume by Type (2021 vs 2025 vs 2032)
3.1.5.2 Global Floating Production Storage and Offloading (FPSO) Sales Volume, by Type (2021–2032)
3.1.5.3 Global Floating Production Storage and Offloading (FPSO) Sales Volume, by Type (%), 2021–2032
3.1.6 Global Floating Production Storage and Offloading (FPSO) Average Price by Type (2021–2032)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Shallow Water
4.1.2 Deep Water
4.1.3 Ultra-deep Water
4.2 Global Floating Production Storage and Offloading (FPSO) Sales Value by Application
4.2.1 Global Floating Production Storage and Offloading (FPSO) Sales Value by Application (2021 vs 2025 vs 2032)
4.2.2 Global Floating Production Storage and Offloading (FPSO) Sales Value, by Application (2021–2032)
4.2.3 Global Floating Production Storage and Offloading (FPSO) Sales Value, by Application (%), 2021–2032
4.3 Global Floating Production Storage and Offloading (FPSO) Sales Volume by Application
4.3.1 Global Floating Production Storage and Offloading (FPSO) Sales Volume by Application (2021 vs 2025 vs 2032)
4.3.2 Global Floating Production Storage and Offloading (FPSO) Sales Volume, by Application (2021–2032)
4.3.3 Global Floating Production Storage and Offloading (FPSO) Sales Volume, by Application (%), 2021–2032
4.4 Global Floating Production Storage and Offloading (FPSO) Average Price by Application (2021–2032)
5 Segmentation by Region
5.1 Global Floating Production Storage and Offloading (FPSO) Sales Value by Region
5.1.1 Global Floating Production Storage and Offloading (FPSO) Sales Value by Region: 2021 vs 2025 vs 2032
5.1.2 Global Floating Production Storage and Offloading (FPSO) Sales Value by Region (2021–2026)
5.1.3 Global Floating Production Storage and Offloading (FPSO) Sales Value by Region (2027–2032)
5.1.4 Global Floating Production Storage and Offloading (FPSO) Sales Value by Region (%), 2021–2032
5.2 Global Floating Production Storage and Offloading (FPSO) Sales Volume by Region
5.2.1 Global Floating Production Storage and Offloading (FPSO) Sales Volume by Region: 2021 vs 2025 vs 2032
5.2.2 Global Floating Production Storage and Offloading (FPSO) Sales Volume by Region (2021–2026)
5.2.3 Global Floating Production Storage and Offloading (FPSO) Sales Volume by Region (2027–2032)
5.2.4 Global Floating Production Storage and Offloading (FPSO) Sales Volume by Region (%), 2021–2032
5.3 Global Floating Production Storage and Offloading (FPSO) Average Price by Region (2021–2032)
5.4 North America
5.4.1 North America Floating Production Storage and Offloading (FPSO) Sales Value, 2021–2032
5.4.2 North America Floating Production Storage and Offloading (FPSO) Sales Value by Country (%), 2025 vs 2032
5.5 Europe
5.5.1 Europe Floating Production Storage and Offloading (FPSO) Sales Value, 2021–2032
5.5.2 Europe Floating Production Storage and Offloading (FPSO) Sales Value by Country (%), 2025 vs 2032
5.6 Asia Pacific
5.6.1 Asia Pacific Floating Production Storage and Offloading (FPSO) Sales Value, 2021–2032
5.6.2 Asia Pacific Floating Production Storage and Offloading (FPSO) Sales Value by Region (%), 2025 vs 2032
5.7 South America
5.7.1 South America Floating Production Storage and Offloading (FPSO) Sales Value, 2021–2032
5.7.2 South America Floating Production Storage and Offloading (FPSO) Sales Value by Country (%), 2025 vs 2032
5.8 Middle East & Africa
5.8.1 Middle East & Africa Floating Production Storage and Offloading (FPSO) Sales Value, 2021–2032
5.8.2 Middle East & Africa Floating Production Storage and Offloading (FPSO) Sales Value by Country (%), 2025 vs 2032
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Floating Production Storage and Offloading (FPSO) Sales Value Growth Trends, 2021 vs 2025 vs 2032
6.2 Key Countries/Regions Floating Production Storage and Offloading (FPSO) Sales Value and Sales Volume
6.2.1 Key Countries/Regions Floating Production Storage and Offloading (FPSO) Sales Value, 2021–2032
6.2.2 Key Countries/Regions Floating Production Storage and Offloading (FPSO) Sales Volume, 2021–2032
6.3 United States
6.3.1 United States Floating Production Storage and Offloading (FPSO) Sales Value, 2021–2032
6.3.2 United States Floating Production Storage and Offloading (FPSO) Sales Value by Type (%), 2025 vs 2032
6.3.3 United States Floating Production Storage and Offloading (FPSO) Sales Value by Application, 2025 vs 2032
6.4 Europe
6.4.1 Europe Floating Production Storage and Offloading (FPSO) Sales Value, 2021–2032
6.4.2 Europe Floating Production Storage and Offloading (FPSO) Sales Value by Type (%), 2025 vs 2032
6.4.3 Europe Floating Production Storage and Offloading (FPSO) Sales Value by Application, 2025 vs 2032
6.5 China
6.5.1 China Floating Production Storage and Offloading (FPSO) Sales Value, 2021–2032
6.5.2 China Floating Production Storage and Offloading (FPSO) Sales Value by Type (%), 2025 vs 2032
6.5.3 China Floating Production Storage and Offloading (FPSO) Sales Value by Application, 2025 vs 2032
6.6 Japan
6.6.1 Japan Floating Production Storage and Offloading (FPSO) Sales Value, 2021–2032
6.6.2 Japan Floating Production Storage and Offloading (FPSO) Sales Value by Type (%), 2025 vs 2032
6.6.3 Japan Floating Production Storage and Offloading (FPSO) Sales Value by Application, 2025 vs 2032
6.7 South Korea
6.7.1 South Korea Floating Production Storage and Offloading (FPSO) Sales Value, 2021–2032
6.7.2 South Korea Floating Production Storage and Offloading (FPSO) Sales Value by Type (%), 2025 vs 2032
6.7.3 South Korea Floating Production Storage and Offloading (FPSO) Sales Value by Application, 2025 vs 2032
6.8 Southeast Asia
6.8.1 Southeast Asia Floating Production Storage and Offloading (FPSO) Sales Value, 2021–2032
6.8.2 Southeast Asia Floating Production Storage and Offloading (FPSO) Sales Value by Type (%), 2025 vs 2032
6.8.3 Southeast Asia Floating Production Storage and Offloading (FPSO) Sales Value by Application, 2025 vs 2032
6.9 India
6.9.1 India Floating Production Storage and Offloading (FPSO) Sales Value, 2021–2032
6.9.2 India Floating Production Storage and Offloading (FPSO) Sales Value by Type (%), 2025 vs 2032
6.9.3 India Floating Production Storage and Offloading (FPSO) Sales Value by Application, 2025 vs 2032
7 Company Profiles
7.1 Dalian Shipbuilding Industry Co., Ltd
7.1.1 Dalian Shipbuilding Industry Co., Ltd Company Information
7.1.2 Dalian Shipbuilding Industry Co., Ltd Introduction and Business Overview
7.1.3 Dalian Shipbuilding Industry Co., Ltd Floating Production Storage and Offloading (FPSO) Sales, Revenue, Price and Gross Margin (2021–2026)
7.1.4 Dalian Shipbuilding Industry Co., Ltd Floating Production Storage and Offloading (FPSO) Product Offerings
7.1.5 Dalian Shipbuilding Industry Co., Ltd Recent Developments
7.2 China Ocean Shipping (Group) Company
7.2.1 China Ocean Shipping (Group) Company Company Information
7.2.2 China Ocean Shipping (Group) Company Introduction and Business Overview
7.2.3 China Ocean Shipping (Group) Company Floating Production Storage and Offloading (FPSO) Sales, Revenue, Price and Gross Margin (2021–2026)
7.2.4 China Ocean Shipping (Group) Company Floating Production Storage and Offloading (FPSO) Product Offerings
7.2.5 China Ocean Shipping (Group) Company Recent Developments
7.3 CIMC Raffles
7.3.1 CIMC Raffles Company Information
7.3.2 CIMC Raffles Introduction and Business Overview
7.3.3 CIMC Raffles Floating Production Storage and Offloading (FPSO) Sales, Revenue, Price and Gross Margin (2021–2026)
7.3.4 CIMC Raffles Floating Production Storage and Offloading (FPSO) Product Offerings
7.3.5 CIMC Raffles Recent Developments
7.4 Samsung Heavy Industries
7.4.1 Samsung Heavy Industries Company Information
7.4.2 Samsung Heavy Industries Introduction and Business Overview
7.4.3 Samsung Heavy Industries Floating Production Storage and Offloading (FPSO) Sales, Revenue, Price and Gross Margin (2021–2026)
7.4.4 Samsung Heavy Industries Floating Production Storage and Offloading (FPSO) Product Offerings
7.4.5 Samsung Heavy Industries Recent Developments
7.5 Daewoo Shipbuilding & Marine Engineering Co., Ltd.
7.5.1 Daewoo Shipbuilding & Marine Engineering Co., Ltd. Company Information
7.5.2 Daewoo Shipbuilding & Marine Engineering Co., Ltd. Introduction and Business Overview
7.5.3 Daewoo Shipbuilding & Marine Engineering Co., Ltd. Floating Production Storage and Offloading (FPSO) Sales, Revenue, Price and Gross Margin (2021–2026)
7.5.4 Daewoo Shipbuilding & Marine Engineering Co., Ltd. Floating Production Storage and Offloading (FPSO) Product Offerings
7.5.5 Daewoo Shipbuilding & Marine Engineering Co., Ltd. Recent Developments
7.6 Keppel Corporation Limited
7.6.1 Keppel Corporation Limited Company Information
7.6.2 Keppel Corporation Limited Introduction and Business Overview
7.6.3 Keppel Corporation Limited Floating Production Storage and Offloading (FPSO) Sales, Revenue, Price and Gross Margin (2021–2026)
7.6.4 Keppel Corporation Limited Floating Production Storage and Offloading (FPSO) Product Offerings
7.6.5 Keppel Corporation Limited Recent Developments
7.7 Hyundai Heavy Industries
7.7.1 Hyundai Heavy Industries Company Information
7.7.2 Hyundai Heavy Industries Introduction and Business Overview
7.7.3 Hyundai Heavy Industries Floating Production Storage and Offloading (FPSO) Sales, Revenue, Price and Gross Margin (2021–2026)
7.7.4 Hyundai Heavy Industries Floating Production Storage and Offloading (FPSO) Product Offerings
7.7.5 Hyundai Heavy Industries Recent Developments
7.8 Sembcorp Marine
7.8.1 Sembcorp Marine Company Information
7.8.2 Sembcorp Marine Introduction and Business Overview
7.8.3 Sembcorp Marine Floating Production Storage and Offloading (FPSO) Sales, Revenue, Price and Gross Margin (2021–2026)
7.8.4 Sembcorp Marine Floating Production Storage and Offloading (FPSO) Product Offerings
7.8.5 Sembcorp Marine Recent Developments
7.9 China State Shipbuilding Corporation
7.9.1 China State Shipbuilding Corporation Company Information
7.9.2 China State Shipbuilding Corporation Introduction and Business Overview
7.9.3 China State Shipbuilding Corporation Floating Production Storage and Offloading (FPSO) Sales, Revenue, Price and Gross Margin (2021–2026)
7.9.4 China State Shipbuilding Corporation Floating Production Storage and Offloading (FPSO) Product Offerings
7.9.5 China State Shipbuilding Corporation Recent Developments
7.10 China Merchants Industry Holdings
7.10.1 China Merchants Industry Holdings Company Information
7.10.2 China Merchants Industry Holdings Introduction and Business Overview
7.10.3 China Merchants Industry Holdings Floating Production Storage and Offloading (FPSO) Sales, Revenue, Price and Gross Margin (2021–2026)
7.10.4 China Merchants Industry Holdings Floating Production Storage and Offloading (FPSO) Product Offerings
7.10.5 China Merchants Industry Holdings Recent Developments
8 Industry Chain Analysis
8.1 Floating Production Storage and Offloading (FPSO) Industrial Chain
8.2 Floating Production Storage and Offloading (FPSO) Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Key Suppliers of Raw Materials
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customer Analysis)
8.5 Sales Model and Sales Channelss
8.5.1 Floating Production Storage and Offloading (FPSO) Sales Model
8.5.2 Sales Channels
8.5.3 Floating Production Storage and Offloading (FPSO) Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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