Overview

IBISWorld’s Procurement Research Reports cover thousands of indirect purchasing lines. Our data and analysis help you strategically engage and negotiate with suppliers and give you the credibility to work with internal stakeholders and executives. IBISWorld’s Tank & Line Testing Services procurement research provides price trends and forecasts, supplier benchmarks and negotiation questions all intended to give your company leverage during the sourcing process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Tank & Line Testing Services - Recent Price Trend

During the three years to 2017, the price of tank and line testing services has increased at an estimated annualized rate of 2.0% with high volatility. In addition to buyers being negatively affected by the increasing price of services, prices have also been highly volatile during the period. The high volatility makes it more difficult for buyers to budget and make accurate cost estimations.Firms...

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Tank & Line Testing Services - Total Cost of Ownership

Tank and line testing services have a low cost of total ownership. All costs associated with performing the services are typically included in the price. Depending on the contract and the supplier, there can be minor hidden costs, such as transportation costs.However, there are a number of costs that may arise following the completion of testing services that buyers should be aware of. If a leak...

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About this Report

This report is intended to assist buyers of tank and line testing services. Tank and line service suppliers test the systemic integrity of underground and aboveground storage tanks and their connecting pipelines on behalf of oil and gas industries in order to measure the possibility of leaks and other issues. Services also determine whether or not the tank and line operator meets all local and federal regulations. Oil and gas operators are the primary purchasers of these services, but a variety of other industrial applications require tank and line testing as well, including wastewater treatment facilities. This report does not include exploration services, well surveying, tank and line repair services, foundation building or site inspections.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Regulation
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
  Imports
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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