Global Natural Gas Storage Market : Industry Analysis and Forecast (2019-2026) – By Type, and Region.

Market Scenario

Global Natural Gas Storage Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at a CAGR of 3.50 % during a forecast period.   Natural gas storage plays an important role in managing the consistency of supply requirement to meet the demands of consumers. Many countries across the globe are progressively shifting their focus from using conventional fuel to clean sources for reducing the emission of hazardous gases. Governments across the developing counties are also focusing on decarbonizing numerous sectors for regulating the greenhouse gas emission effect that is expected to drive the global natural gas storage market growth. Additionally, an increase in the usage of natural gas in end-use industries like electricity generation, transportation, and industrial operations across the globe are expected to boost the market growth during the forecast period. However, the high cost for the transportation of the gas from a distant storage point to the consumption centered is expected to limit the market growth. Furthermore, technical challenges concerning with storage systems of the gas is one of the challenges in the growth of the global natural gas storage market. The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis. Global Natural Gas Storage Market Segmentation Analysis: By Type, Global Natural Gas Storage Market is segmented into Underground storage, Above-ground storage, Floating. Among all of these underground storage is expected to share US$ XX Mn in the global natural gas storage market because it offers low operational and infrastructure costs. Underground storage of natural gas is an integral component of the energy storage system, which is expected to enables services to offer clean natural gas to consumers. The underground storage segment is subdivided into the depleted reservoirs, aquifers and salt caverns. Among these, depleted reservoirs are most commonly used underground storage sites because of their extensive availability. Technical advancements like solidified natural gas (SNG) and LUMEN technology in natural gas storage systems are one of the key trends in the global natural gas storage market. SNG gas can store large volumes of natural gas in compressed crystals of gas hydrates, which are eco-friendly and safe. Additionally, LUMEN technology delivers real-time data from sensors, which benefits in meeting the safety and regulatory requirements. An increase in the adoption of technologically advanced natural gas storage systems is driving the growth in the global natural gas storage market. Global Natural Gas Storage Market Regional Analysis: By geography, the Asia Pacific region is leading the global natural gas storage market over forecast period attributed to the rise in demand from end-use industries from developing economies like China and India. Low cost and availability of coal reserves are expected to increase the natural gas usage in end-use industries like petrochemicals and steel in the region. On the other hand, North America is expected to emerge as the fastest growing regional market in both underground and aboveground storage facilities owing to increasing exploration and production activities. Increasing awareness regarding natural gas being a clean fuel is further anticipated to drive growth in the region. The objective of the report is to present a comprehensive analysis of Global Natural Gas Storage Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Natural Gas Storage Market dynamics, structure by analyzing the market segments and project the Global Natural Gas Storage Market size. Clear representation of competitive analysis of key players by Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Natural Gas Storage Market make the report investor’s guide.

The Scope of the Report for Global Natural Gas Storage Market

Global Natural Gas Storage Market, By Type

• Underground storage o Depleted Reservoirs o Aquifers o Salt Caverns • Above-ground storage

Global Natural Gas Storage Market, By Region

• North America • Europe • Asia Pacific • Middle East & Africa • South America

Key players operating in Global Natural Gas Storage Market

• Costain Group PLC • E-On • Spectra Energy • Chiyoda Corporation • Niska Gas Storage • ENBRIDGE INC. • GDF Suez • Centrica • Technip • Foster Wheeler • Samsung Heavy Industries • ENGIE • Royal Vopak • Worley Parsons • Uniper SE

Table of Contents

Global Natural Gas Storage Market

1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Natural Gas Storage Market, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Natural Gas Storage Market Analysis and Forecast 6.1. Global Natural Gas Storage Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Natural Gas Storage Market Analysis and Forecast, by Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Natural Gas Storage Market Value Share Analysis, by Type 7.4. Global Natural Gas Storage Market Size (US$ Bn) Forecast, by Type 7.5. Global Natural Gas Storage Market Analysis, by Type 7.6. Global Natural Gas Storage Market Attractiveness Analysis, by Type 8. Global Natural Gas Storage Market Analysis, by Region 8.1. Global Natural Gas Storage Market Value Share Analysis, by Region 8.2. Global Natural Gas Storage Market Size (US$ Bn) Forecast, by Region 8.3. Global Natural Gas Storage Market Attractiveness Analysis, by Region 9. North America Natural Gas Storage Market Analysis 9.1. Key Findings 9.2. North America Natural Gas Storage Market Overview 9.3. North America Natural Gas Storage Market Value Share Analysis, by Type 9.4. North America Natural Gas Storage Market Forecast, by Type 9.4.1. Underground storage 9.4.1.1. Depleted Reservoirs 9.4.1.2. Aquifers 9.4.1.3. Salt Caverns 9.4.2. Above-ground storage 9.5. North America Natural Gas Storage Market Value Share Analysis, by Country 9.6. North America Natural Gas Storage Market Forecast, by Country 9.6.1. U.S. 9.6.2. Canada 9.7. North America Natural Gas Storage Market Analysis, by Country 9.8. U.S. Natural Gas Storage Market Forecast, by Type 9.8.1. Underground storage 9.8.1.1. Depleted Reservoirs 9.8.1.2. Aquifers 9.8.1.3. Salt Caverns 9.8.2. Above-ground storage 9.9. Canada Natural Gas Storage Market Forecast, by Type 9.9.1. Underground storage 9.9.1.1. Depleted Reservoirs 9.9.1.2. Aquifers 9.9.1.3. Salt Caverns 9.9.2. Above-ground storage 9.10. North America Natural Gas Storage Market Attractiveness Analysis 9.10.1. By Type 9.11. PEST Analysis 9.12. Key Trends 9.13. Key Development 10. Europe Natural Gas Storage Market Analysis 10.1. Key Findings 10.2. Europe Natural Gas Storage Market Overview 10.3. Europe Natural Gas Storage Market Value Share Analysis, by Type 10.4. Europe Natural Gas Storage Market Forecast, by Type 10.4.1. Underground storage 10.4.1.1. Depleted Reservoirs 10.4.1.2. Aquifers 10.4.1.3. Salt Caverns 10.4.2. Above-ground storage 10.5. Europe Natural Gas Storage Market Value Share Analysis, by Country 10.6. Europe Natural Gas Storage Market Forecast, by Country 10.6.1. Germany 10.6.2. U.K. 10.6.3. France 10.6.4. Italy 10.6.5. Spain 10.6.6. Rest of Europe 10.7. Europe Natural Gas Storage Market Analysis, by Country 10.8. Germany Natural Gas Storage Market Forecast, by Type 10.8.1. Underground storage 10.8.1.1. Depleted Reservoirs 10.8.1.2. Aquifers 10.8.1.3. Salt Caverns 10.8.2. Above-ground storage 10.9. U.K. Natural Gas Storage Market Forecast, by Type 10.9.1. Underground storage 10.9.1.1. Depleted Reservoirs 10.9.1.2. Aquifers 10.9.1.3. Salt Caverns 10.9.2. Above-ground storage 10.10. France Natural Gas Storage Market Forecast, by Type 10.10.1. Underground storage 10.10.1.1. Depleted Reservoirs 10.10.1.2. Aquifers 10.10.1.3. Salt Caverns 10.10.2. Above-ground storage 10.11. Italy Natural Gas Storage Market Forecast, by Type 10.11.1. Underground storage 10.11.1.1. Depleted Reservoirs 10.11.1.2. Aquifers 10.11.1.3. Salt Caverns 10.11.2. Above-ground storage 10.12. Spain Natural Gas Storage Market Forecast, by Type 10.12.1. Underground storage 10.12.1.1. Depleted Reservoirs 10.12.1.2. Aquifers 10.12.1.3. Salt Caverns 10.12.2. Above-ground storage 10.13. Rest of Europe Natural Gas Storage Market Forecast, by Type 10.13.1. Underground storage 10.13.1.1. Depleted Reservoirs 10.13.1.2. Aquifers 10.13.1.3. Salt Caverns 10.13.2. Above-ground storage 10.14. Europe Natural Gas Storage Market Attractiveness Analysis 10.14.1. By Type 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Development 11. Asia Pacific Natural Gas Storage Market Analysis 11.1. Key Findings 11.2. Asia Pacific Natural Gas Storage Market Overview 11.3. Asia Pacific Natural Gas Storage Market Value Share Analysis, by Type 11.4. Asia Pacific Natural Gas Storage Market Forecast, by Type 11.4.1. Underground storage 11.4.1.1. Depleted Reservoirs 11.4.1.2. Aquifers 11.4.1.3. Salt Caverns 11.4.2. Above-ground storage 11.5. Asia Pacific Natural Gas Storage Market Value Share Analysis, by Country 11.6. Asia Pacific Natural Gas Storage Market Forecast, by Country 11.6.1. China 11.6.2. India 11.6.3. Japan 11.6.4. ASEAN 11.6.5. Rest of Asia Pacific 11.7. Asia Pacific Natural Gas Storage Market Analysis, by Country 11.8. China Natural Gas Storage Market Forecast, by Type 11.8.1. Underground storage 11.8.1.1. Depleted Reservoirs 11.8.1.2. Aquifers 11.8.1.3. Salt Caverns 11.8.2. Above-ground storage 11.9. India Natural Gas Storage Market Forecast, by Type 11.9.1. Underground storage 11.9.1.1. Depleted Reservoirs 11.9.1.2. Aquifers 11.9.1.3. Salt Caverns 11.9.2. Above-ground storage 11.10. Japan Natural Gas Storage Market Forecast, by Type 11.10.1. Underground storage 11.10.1.1. Depleted Reservoirs 11.10.1.2. Aquifers 11.10.1.3. Salt Caverns 11.10.2. Above-ground storage 11.11. ASEAN Natural Gas Storage Market Forecast, by Type 11.11.1. Underground storage 11.11.1.1. Depleted Reservoirs 11.11.1.2. Aquifers 11.11.1.3. Salt Caverns 11.11.2. Above-ground storage 11.12. Rest of Asia Pacific Natural Gas Storage Market Forecast, by Type 11.12.1. Small and medium sized enterprises 11.12.2. Large enterprises 11.12.3. Government 11.13. Asia Pacific Natural Gas Storage Market Attractiveness Analysis 11.13.1. By Type 11.14. PEST Analysis 11.15. Key Trends 11.16. Key Development 12. Middle East & Africa Natural Gas Storage Market Analysis 12.1. Key Findings 12.2. Middle East & Africa Natural Gas Storage Market Overview 12.3. Middle East & Africa Natural Gas Storage Market Value Share Analysis, by Type 12.4. Middle East & Africa Natural Gas Storage Market Forecast, by Type 12.4.1. Underground storage 12.4.1.1. Depleted Reservoirs 12.4.1.2. Aquifers 12.4.1.3. Salt Caverns 12.4.2. Above-ground storage 12.5. Middle East & Africa Natural Gas Storage Market Value Share Analysis, by Country 12.6. Middle East & Africa Natural Gas Storage Market Forecast, by Country 12.6.1. GCC 12.6.2. South Africa 12.6.3. Rest of Middle East & Africa 12.7. Middle East & Africa Natural Gas Storage Market Analysis, by Country 12.8. GCC Natural Gas Storage Market Forecast, by Type 12.8.1. Small and medium sized enterprises 12.8.2. Large enterprises 12.8.3. Government 12.9. South Africa Natural Gas Storage Market Forecast, by Type 12.9.1. Underground storage 12.9.1.1. Depleted Reservoirs 12.9.1.2. Aquifers 12.9.1.3. Salt Caverns 12.9.2. Above-ground storage 12.10. Rest of Middle East & Africa Natural Gas Storage Market Forecast, by Type 12.10.1. Underground storage 12.10.1.1. Depleted Reservoirs 12.10.1.2. Aquifers 12.10.1.3. Salt Caverns 12.10.2. Above-ground storage 12.11. Middle East & Africa Natural Gas Storage Market Attractiveness Analysis 12.11.1. By Type 12.12. PEST Analysis 12.13. Key Trends 12.14. Key Development 13. South America Natural Gas Storage Market Analysis 13.1. Key Findings 13.2. South America Natural Gas Storage Market Overview 13.3. South America Natural Gas Storage Market Value Share Analysis, by Type 13.4. South America Natural Gas Storage Market Forecast, by Type 13.4.1. Underground storage 13.4.1.1. Depleted Reservoirs 13.4.1.2. Aquifers 13.4.1.3. Salt Caverns 13.4.2. Above-ground storage 13.5. South America Natural Gas Storage Market Value Share Analysis, by Country 13.6. South America Natural Gas Storage Market Forecast, by Country 13.6.1. Brazil 13.6.2. Mexico 13.6.3. Rest of South America 13.7. South America Natural Gas Storage Market Analysis, by Country 13.8. Brazil Natural Gas Storage Market Forecast, by Type 13.8.1. Underground storage 13.8.1.1. Depleted Reservoirs 13.8.1.2. Aquifers 13.8.1.3. Salt Caverns 13.8.2. Above-ground storage 13.9. Mexico Natural Gas Storage Market Forecast, by Type 13.9.1. Underground storage 13.9.1.1. Depleted Reservoirs 13.9.1.2. Aquifers 13.9.1.3. Salt Caverns 13.9.2. Above-ground storage 13.10. Rest of South America Natural Gas Storage Market Forecast, by Type 13.10.1. Underground storage 13.10.1.1. Depleted Reservoirs 13.10.1.2. Aquifers 13.10.1.3. Salt Caverns 13.10.2. Above-ground storage 13.11. South America Natural Gas Storage Market Attractiveness Analysis 13.11.1. By Type 13.12. PEST Analysis 13.13. Key Trends 13.14. Key Development 14. Company Profiles 14.1. Market Share Analysis, by Company 14.2. Competition Matrix 14.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 14.2.2. New Product Launches and Product Enhancements 14.2.3. Market Consolidation 14.2.3.1. M&A by Regions, Investment and Applications 14.2.3.2. M&A Key Players, Forward Integration and Backward Integration 14.3. Company Profiles: Key Players 14.3.1. Costain Group PLC 14.3.1.1. Company Overview 14.3.1.2. Financial Overview 14.3.1.3. Product Portfolio 14.3.1.4. Business Strategy 14.3.1.5. Recent Developments 14.3.1.6. Company Footprint 14.3.2. E-On 14.3.3. Spectra Energy 14.3.4. Chiyoda Corporation 14.3.5. Niska Gas Storage 14.3.6. ENBRIDGE INC. 14.3.7. GDF Suez 14.3.8. Centrica 14.3.9. Technip 14.3.10. Foster Wheeler 14.3.11. Samsung Heavy Industries 14.3.12. ENGIE 14.3.13. Royal Vopak 14.3.14. Worley Parsons 14.3.15. Uniper SE 15. Primary Key Insights

About This Report

Report ID 42591
Category Energy & Power
Published Date Dec 2019
No of Pages 177
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