Natural gas storage involves accumulation of natural gas in several storage facilities for future consumption. The purpose of storage is to meet the fluctuating energy demand during the peak and off-peak seasons. Generally, natural gas is stored during the off-peak season and utilized during the peak season. This reduces the demand and supply gap, and increases the reliability of supply.
Scope of the Report:This report focuses on the Natural Gas Storage in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Storage facilities are essential for managing supply required to cater to globally rising energy demand. Rapid industrialization along with growing urbanization in emerging economies of Asia Pacific and Latin America is anticipated to propel market growth significantly over the forecast period. Natural gas market deregulation and easy availability have resulted in increasing storage demand for various purposes such as operational and commercial.
Rising natural gas demand is expected to drive oil & gas exploration activities, which in turn increases storage facilities demand. The market is divided in two types, above ground storage and underground storage facilities. Underground storage facilities are further divided into depleted reservoirs, salt caverns formation, and aquifers.
The worldwide market for Natural Gas Storage is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2026, from xx million US$ in 2020, according to a new study.
Market Segment by Manufacturers, this report covers ANR Storage Company(Canada)
Blue Lake Gas Storage (US)
DTE Energy(US)
E.ON (Germany)
GDF Suez Energy(France)
Technip(France)
The Williams Companies(US)
Kinder Morgan (US)
Michigan Gas Storage (US)
ONEOK (US)
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Liquid Storage
Gas Storage
Market Segment by Applications, can be divided into Introduction
Above Ground Storage
Underground Storage
There are 15 Chapters to deeply display the global Natural Gas Storage market.
Chapter 1, to describe Natural Gas Storage Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Natural Gas Storage, with sales, revenue, and price of Natural Gas Storage, in 2018 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2018 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Natural Gas Storage, for each region, from 2015 to 2020;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2015 to 2020;
Chapter 12, Natural Gas Storage market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026;
Chapter 13, 14 and 15, to describe Natural Gas Storage sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.