Natural Gas Storage - Global Strategic Business Report

Global Natural Gas Storage Market to Reach 585.3 Million TOE by 2030

The global market for Natural Gas Storage estimated at 462.6 Million TOE in the year 2022, is projected to reach a revised size of 585.3 Million TOE by 2030, growing at a CAGR of 3% over the analysis period 2022-2030. Underground, one of the segments analyzed in the report, is projected to record 2.7% CAGR and reach 352.9 Million TOE by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Above Ground segment is readjusted to a revised 3.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at 137.5 Million TOE, While China is Forecast to Grow at 2.9% CAGR

The Natural Gas Storage market in the U.S. is estimated at 137.5 Million TOE in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of 104.6 Million TOE by the year 2030 trailing a CAGR of 2.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 2.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.

Select Competitors (Total 14 Featured) -

• Cardinal Gas Storage Partners LLC
• Centrica Storage Limited
• Chiyoda Corporation
• Enbridge, Inc.
• ENGIE SA
• John Wood Group PLC
• Mitsubishi Heavy Industries Ltd.
• NAFTA a.s. (Slovakia)
• Rockpoint Gas Storage
• SNC-Lavalin Group, Inc.

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year