PUBLISHER: SkyQuest | PRODUCT CODE: 1189204
PUBLISHER: SkyQuest | PRODUCT CODE: 1189204
Global Natural Gas Storage Market By type & By region-Forecast Analysis 2022-2028
Global Natural Gas Storage Market size was valued at USD 8.72 billion in 2021, and it is expected to reach a value of USD 12.11 billion by 2028, at a CAGR of more than 4.8% over the forecast period (2022-2028).
Storage facilities are essential for the ongoing supply needed to meet the expanding energy demand. In the growing economies of the Asia Pacific area, rapid industrialization and rising urbanization are expected to significantly boost growth throughout the predicted period. High capital expenditure, however, is anticipated to impede market expansion.
Top-down and bottom-up approaches were used to estimate and validate the size of the global natural gas storage market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Segments covered in this report:
The natural gas storage market is segmented based on the type and region. Based on the type, the natural gas storage market is segmented as above ground storage and underground storage. Based on region, it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Driver
The market for natural gas storage is expected to develop as a result of the rising necessity of storing gas from depleted reservoirs. Over the next several years, increased seasonal demand from a variety of end-use applications and industrial sectors in the area is expected to combine with rising natural gas output to drive market expansion. Furthermore, it is projected that favorable government rules favoring fuels with low carbon content relative to other fossil fuels will continue to be a positive factor for growth in demand for natural gas. The demand will also be increased by technical developments as well as growing public knowledge of natural gas's environmental benefits.
Restraint
A strict infrastructure is needed to store natural gas in a controlled atmosphere. An enormous sum of money must be regularly spent on operation and maintenance chores in order to stop leaks from storage tanks. The market's growth is anticipated to be constrained by the high cost of natural gas storage and the restricted transmission capacity.
Market Trends
Due to growing worries about the depletion of non-renewable energy sources, the global market for natural gas storage is anticipated to increase at a rapid rate. Natural gas is found deep inside the earth's crust and primarily consists of methane, with minor amounts of other hydrocarbon gases and gas liquids. Although it is largely utilized as a fuel, natural gas is also frequently used in the manufacturing of materials and chemicals.
Table of Contents
Executive Summary
Market overview
- Exhibit: Executive Summary - Chart on Market Overview
- Exhibit: Executive Summary - Data Table on Market Overview
- Exhibit: Executive Summary - Chart on Global Natural Gas Storage Market Characteristics
- Exhibit: Executive Summary - Chart on Market by Geography
- Exhibit: Executive Summary - Chart on Market Segmentation
- Exhibit: Executive Summary - Chart on Incremental Growth
- Exhibit: Executive Summary - Data Table on Incremental Growth
- Exhibit: Executive Summary - Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy-scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Natural Gas Storage Market size and forecast 2022-2028 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2022-2028 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Global Natural Gas Storage Market by Type
- Market segments
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Data table on Market share 2022-2028 (%)
- Above Ground Storage
- Market Estimates & Forecast, 2021-2028
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Underground storage
- Market Estimates & Forecast, 2021-2028
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Global Natural Gas Storage Market by Region
- Market segments
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Data table on Market share 2022-2028 (%)
- North America
- Market Estimates & Forecast, 2021-2028
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Europe
- Market Estimates & Forecast, 2021-2028
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Asia
- Market Estimates & Forecast, 2021-2028
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
Market Size by Region
- Chart on Market share by geography 2022-2028 (%)
- Data Table on Market share by geography 2022-2028(%)
- North America
- Chart on Market share by country 2022-2028 (%)
- Data Table on Market share by country 2022-2028(%)
- USA
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Canada
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Europe
- Chart on Market share by country 2022-2028 (%)
- Data Table on Market share by country 2022-2028(%)
- Germany
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Spain
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- France
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- UK
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Asia Pacific
- Chart on Market share by country 2022-2028 (%)
- Data Table on Market share by country 2022-2028(%)
- China
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- India
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Japan
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- South Korea
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Latin America
- Chart on Market share by country 2022-2028 (%)
- Data Table on Market share by country 2022-2028(%)
- Brazil
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2022-2028 (%)
- Data Table on Market share by country 2022-2028(%)
- GCC Countries
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- South Africa
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- McDermott International, Inc.
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
- NAFTA A.S.
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
- TransCanada Corp.
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
- Royal Vopak N.V.
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
- Chart Industries
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
- Uniper
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
- Enbridge, Inc.
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
- Gazprom
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
- Martin Midstream Partners L.P.
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
