Global Underground Natural Gas Storage Market Growth (Status and Outlook) 2025-2031

The global Underground Natural Gas Storage market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

United States market for Underground Natural Gas Storage is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Underground Natural Gas Storage is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Underground Natural Gas Storage is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Underground Natural Gas Storage players cover Technip, ANR Storage Company, DTE Energy, Centrica, Ecorp International, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LPI (LP Information)' newest research report, the “Underground Natural Gas Storage Industry Forecast” looks at past sales and reviews total world Underground Natural Gas Storage sales in 2024, providing a comprehensive analysis by region and market sector of projected Underground Natural Gas Storage sales for 2025 through 2031. With Underground Natural Gas Storage sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Underground Natural Gas Storage industry.

This Insight Report provides a comprehensive analysis of the global Underground Natural Gas Storage landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Underground Natural Gas Storage portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Underground Natural Gas Storage market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Underground Natural Gas Storage and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Underground Natural Gas Storage.

This report presents a comprehensive overview, market shares, and growth opportunities of Underground Natural Gas Storage market by product type, application, key players and key regions and countries.

Segmentation by Type:
Liquefied Natural Gas Storage
Compressed Natural Gas Storage

Segmentation by Application:
Commercial
Industrial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Technip
ANR Storage Company
DTE Energy
Centrica
Ecorp International
Rockpoint Gas Storage
Uniper Energy Storage GmbH
ENGIE
E.ON
Enbridge
Vopak
Cardinal Gas Storage
Chiyoda Corporation
SNC-Lavalin
Kinder Morgan
Michigan Gas Storage

Please note: The report will take approximately 2 business days to prepare and deliver.