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Global Underground Gas Storage Market 2019-2023 - Product Image

Global Underground Gas Storage Market 2019-2023

  • ID: 4721536
  • Report
  • Region: Global
  • 114 pages
  • TechNavio
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FEATURED COMPANIES

  • Costain Group
  • ENGIE
  • Gazprom
  • Uniper
  • MORE
The growth in conventional oil and gas exploration and production activities as an alternative to conventional production has led to the identification of major unconventional oil and gas reserves. Some unconventional resources such as shale oil and gas have hydrocarbon-bearing rock formations with low permeability and low porosity.

Natural gas such as shale gas and tight gas produces lower GHG emissions when compared with other fossil fuels during combustion and hence the adoption of this fuel is growing to support the increase in energy needs. Therefore, the adoption of unconventional has production techniques has observed a higher growth than conventional oil and gas production due to the lower GHG emission in the former as well as the widespread presence of unconventional reserves. According to our, the global underground gas storage market will grow at a CAGR of more than 3% during the forecast period.

Market Overview

Growing demand for natural gas

The increasing demand for natural gas for various purposes will spur the construction and storage of natural gas to ensure sufficient supply, and in turn will lead to the growth of the global underground gas storage market.

Change in energy mix

The increase in the adoption of renewable energy sources for power generation and other purposes will impact the adoption of conventional fossil fuel in the market, which, in turn will have a negative impact on the investments in oil and gas E&P activities and ultimately affect the growth of the market.

For the detailed list of factors that will drive and challenge the growth of the underground gas storage market during the 2019-2023, view this report.

Competitive Landscape

The underground gas storage market is highly fragmented with the presence of many vendors in the market. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Costain Group
  • ENGIE
  • Gazprom
  • Uniper
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY TYPE
  • Market segmentation by type
  • Comparison by type
  • Depleted fields - Market size and forecast 2018-2023
  • Aquifers - Market size and forecast 2018-2023
  • Salt caverns - Market size and forecast 2018-2023
  • Market opportunity by type
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • EMEA - Market size and forecast 2018-2023
  • Americas - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 10: MARKET TRENDS
  • Global initiatives to reduce GHG emissions
  • Cessation of World Bank funding for oil and gas projects
  • Regulations to ensure safety in underground gas storage
PART 11: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
PART 12: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Costain Group
  • ENGIE
  • Gazprom
  • Polskie Górnictwo Naftowe i Gazownictwo
  • Uniper
PART 13: APPENDIX
  • Research methodology
  • List of abbreviations
List of Exhibits
Exhibit 01: Years in consideration
Exhibit 02: Global oil and gas storage market
Exhibit 03: Segments of global oil and gas storage market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2018
Exhibit 08: Global market: Size and forecast 2018-2023 (million toe)
Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 10: Five forces analysis 2018
Exhibit 11: Five forces analysis 2023
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2018
Exhibit 18: Type - Market share 2018-2023 (%)
Exhibit 19: Comparison by type
Exhibit 20: Depleted fields - Market size and forecast 2018-2023 (million toe)
Exhibit 21: Depleted fields - Year-over-year growth 2019-2023 (%)
Exhibit 22: Aquifers - Market size and forecast 2018-2023 (million toe)
Exhibit 23: Aquifers - Year-over-year growth 2019-2023 (%)
Exhibit 24: Salt caverns - Market size and forecast 2018-2023 (million toe)
Exhibit 25: Salt caverns - Year-over-year growth 2019-2023 (%)
Exhibit 26: Market opportunity by type
Exhibit 27: Customer landscape
Exhibit 28: Market share by geography 2018-2023 (%)
Exhibit 29: Geographic comparison
Exhibit 30: EMEA - Market size and forecast 2018-2023 (million toe)
Exhibit 31: EMEA - Year-over-year growth 2019-2023 (%)
Exhibit 32: Americas - Market size and forecast 2018-2023 (million toe)
Exhibit 33: Americas - Year-over-year growth 2019-2023 (%)
Exhibit 34: APAC - Market size and forecast 2018-2023 (million toe)
Exhibit 35: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 36: Key leading countries
Exhibit 37: Market opportunity
Exhibit 38: Decision framework
Exhibit 39: Impact of drivers and challenges
Exhibit 40: Vendor landscape
Exhibit 41: Landscape disruption
Exhibit 42: Vendors covered
Exhibit 43: Vendor classification
Exhibit 44: Market positioning of vendors
Exhibit 45: Costain Group - Vendor overview
Exhibit 46: Costain Group - Business segments
Exhibit 47: Costain Group - Organizational developments
Exhibit 48: Costain Group - Geographic focus
Exhibit 49: Costain Group - Segment focus
Exhibit 50: Costain Group - Key offerings
Exhibit 51: ENGIE - Vendor overview
Exhibit 52: ENGIE - Business segments
Exhibit 53: ENGIE - Organizational developments
Exhibit 54: ENGIE - Geographic focus
Exhibit 55: ENGIE - Segment focus
Exhibit 56: ENGIE - Key offerings
Exhibit 57: Gazprom - Vendor overview
Exhibit 58: Gazprom - Business segments
Exhibit 59: Gazprom - Organizational developments
Exhibit 60: Gazprom - Geographic focus
Exhibit 61: Gazprom - Segment focus
Exhibit 62: Gazprom - Key offerings
Exhibit 63: Polskie Górnictwo Naftowe i Gazownictwo - Vendor overview
Exhibit 64: Polskie Górnictwo Naftowe i Gazownictwo - Business segments
Exhibit 65: Polskie Górnictwo Naftowe i Gazownictwo - Organizational developments
Exhibit 66: Polskie Górnictwo Naftowe i Gazownictwo - Segment focus
Exhibit 67: Polskie Górnictwo Naftowe i Gazownictwo - Key offerings
Exhibit 68: Uniper - Vendor overview
Exhibit 69: Uniper - Business segments
Exhibit 70: Uniper - Organizational developments
Exhibit 71: Uniper - Geographic focus
Exhibit 72: Uniper - Segment focus
Exhibit 73: Uniper - Key offerings
Exhibit 74: Validation techniques employed for market sizing
Exhibit 75: List of abbreviations
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Costain Group
  • ENGIE
  • Gazprom
  • Uniper
  • MORE
Global Underground Gas Storage Market 2019-2023

The analyst recognizes the following companies as the key players in the global underground gas storage market: Costain Group, ENGIE,Gazprom, Polskie Górnictwo Naftowe i Gazownictwo, Uniper.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the increasing in the framing and enforcement of legislation or regulations that ensure the safety of operations in underground gas storage will spur more countries to adopt underground gas storage, thus leading to market growth.”

According to the report, one of the major drivers for this market is the growth of unconventional gas production to support fuel demand for winter heating, electricity generation and industrial use will drive the adoption of underground gas storage and support the growth of the market during our forecast period.

Further, the report states that one of the major factors hindering the growth of this market is the high cost involved in transporting the gas from a distant storage point to the consumption center will have a negative impact on the global underground gas storage market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Costain Group
  • ENGIE
  • Gazprom
  • Polskie Górnictwo Naftowe i Gazownictwo
  • Uniper
Note: Product cover images may vary from those shown
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