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Underground Natural Gas Storage Market Research Report Forecast 2027

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from $4,950 100 Pages Market Research Future January, 2023 RESFT17600288
Best Price Guarantee
Price from $4,950
Length 100 Pages
Publisher Market Research Future
Published Date January, 2023
SKU RESFT17600288

The Global Underground Natural Gas Storage Market Forecast to 2027

Market Overview

Worldwide Underground Natural Gas Storage Market is projected to enroll a huge CAGR of 3.59% during the figure time frame. Natural gas storage offices are principally used to fulfill an occasional need. The gas is put away during times of low interest and removed from storage during top/popularity periods. Natural gas is put away underground in huge storage repositories.

The interest and creation of natural gas are rising quickly, basically because of its developing applications in power age and transport ventures. Natural gas can be handily put away for an endless time frame. Natural gas isn't generally required immediately, thus it is put away in underground storage offices. Also, the US Branch of Energy (DoE) and industry accomplices have really looked at the practicality of putting away chilled natural gas in mined, hard-rock offices. The idea of chilling gas before storage, whenever applied to arranged or existing slept-with-salt storage sinkholes, could altogether expand the storage limit in the current volume of natural gas. Nonetheless, because of the absence of interest over the most recent couple of months because of the continuous pandemic, numerous nations are confronting gas storage issues. Nonetheless, the significant expense of storage might limit the market from now on.

Market Segmentation

Drained Gas Supply, Spring Repository, and Salt Caves are the portions considering the use of the Worldwide Underground Natural Gas Storage Market. Exhausted fields are for the most part utilized for occasional storage rather than top-shaving storage. Exhausted repositories are among the most seasoned and famous types of natural gas storage. While the functioning natural gas storage limit of exhausted fields will in general be bigger than that of different kinds of storage offices, deliverability rates, and injection are regularly low compared with size. To keep up with tension in exhausted natural gas repositories, around half of the gas should be saved as pad gas.

Regional Analysis

North America is assessed to hold the most noteworthy income market share all through the estimated period. This area is expected to be the biggest supporter of natural gas storage for underground storage offices in the underground natural gas storage market. The key variable driving the territorial market's development is the interest in oil and gas storage is the critical requirement for storage space for vital oil repositories of the underground natural gas storage market around here.

Europe locale covers the UK, Germany, France, Italy, and the Remainder of Europe. The underground natural gas storage market in this locale is supposed to enroll a high development rate as the reliance of European nations on natural gas is expanding and the necessity for natural gas storage framework is ascending to guarantee the accessibility of force, regardless of the time.

Major Players

The Key Companies operating in Underground Natural Gas Storage Market are McDermott (US), NAFTA a. s. (Slovakia), Royal Vopak (Netherlands), TC Energy Corporation (Aberta), Chart Industries (Georgia), Uniper SE (Germany), ENBRIDGE Inc (Canada).

COVID 19 Impacts

We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

Companies Mentioned

McDermott (US)
NAFTA a. s. (Slovakia)
Royal Vopak (Netherlands)
TC Energy Corporation (Aberta)
Chart Industries (Georgia)
Uniper SE (Germany)
ENBRIDGE Inc (Canada)

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1 Executive Summary
1.1 Market Attractiveness Analysis
1.1.1 Global Underground Natural Gas Storage Market, By Type
1.1.2 Global Underground Natural Gas Storage Market, By Region
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Research Objective
2.4 Market Structure
2.5 Key Buying Criteria
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
3.6 List Of Assumptions
4 Market Insights
5 Market Dynamics
5.1 Introduction
5.2 Drivers
5.2.1 Increasing Demand For Natural Gas Storage Systems
5.3 Restraints
5.3.1 High Storage Cost
5.4 Opportunities
5.4.1 Exploration Of Unconventional Reservoirs
5.5 Covid-19 Impact Analysis
5.5.1 Impact On The Overall Oil & Gas Industry
5.5.1.1 Economic Impact
5.5.2 Impact On Value Chain Of The Global Underground Natural Gas Storage Market
5.5.2.1 Price Variation Of Key Raw Materials
5.5.2.2 Availability Of Labour
5.5.2.3 Availability Of Vessels
5.5.3 Impact On Pricing Of Natural Gas Storage
6 Market Factor Analysis
6.1 Supply Chain Analysis
6.1.1 Raw Material Suppliers
6.1.2 Manufacturers
6.1.3 Prime Integrators
6.1.4 Customers
6.2 Porter’s Five Forces Model
6.2.1 Threat Of New Entrants
6.2.2 Bargaining Power Of Suppliers
6.2.3 Threat Of Substitutes
6.2.4 Bargaining Power Of Buyers
6.2.5 Intensity Of Rivalry
7 Global Underground Natural Gas Storage Market, By Type
7.1 Overview
7.2 Depleted Gas Reservoir
7.3 Aquifer Reservoir
7.4 Salt Caverns
8 Global Underground Natural Gas Storage Market, By Region
8.1 Overview
8.2 North America
8.2.1 North America Underground Natural Gas Storage Market By Country
8.2.2 North America Underground Natural Gas Storage Market By Type
8.2.3 Us
8.2.3.1 Us Underground Natural Gas Storage Market By Type
8.2.4 Canada
8.2.4.1 Canada Underground Natural Gas Storage Market By Type
8.2.5 Mexico
8.2.5.1 Mexico Underground Natural Gas Storage Market By Type
8.3 Europe
8.3.1 Europe Underground Natural Gas Storage Market By Country
8.3.2 Europe Underground Natural Gas Storage Market By Type
8.3.3 Germany
8.3.3.1 Germany Underground Natural Gas Storage Market By Type
8.3.4 Uk
8.3.4.1 Uk Underground Natural Gas Storage Market By Type
8.3.5 France
8.3.5.1 France Underground Natural Gas Storage Market By Type
8.3.6 Italy
8.3.6.1 Italy Underground Natural Gas Storage Market By Type
8.3.7 Rest Of Europe
8.3.7.1 Rest Of Europeunderground Natural Gas Storage Market By Type
8.4 Asia Pacific
8.4.1 Asia Pacific Underground Natural Gas Storage Market By Country
8.4.2 Asia Pacific Underground Natural Gas Storage Market By Type
8.4.3 China
8.4.3.1 China Underground Natural Gas Storage Market By Type
8.4.4 Japan
8.4.4.1 Japan Underground Natural Gas Storage Market By Type
8.4.5 Australia
8.4.5.1 Australia Underground Natural Gas Storage Market By Type
8.4.6 Rest Of Asia Pacific
8.4.6.1 Rest Of Asia Pacific Underground Natural Gas Storage Market By Type
8.5 Rest Of The World
8.5.1 Rest Of The World Underground Natural Gas Storage Market By Region
8.5.2 Rest Of The World Underground Natural Gas Storage Market By Type
8.5.3 Cis
8.5.3.1 Cis Underground Natural Gas Storage Market By Type
8.5.4 Middle East
8.5.4.1 Middle East Underground Natural Gas Storage Market By Type
8.5.5 Central & South America
8.5.5.1 Central & South America Underground Natural Gas Storage Market By Type
9 Competitive Landscape
9.1 Competitive Overview
9.2 Competitive Benchmarking
9.3 Market Share Analysis
9.4 Key Developments And Growth Strategies
9.4.1 New Product Launches/Product Enhancements
9.4.2 Acquisitions And Mergers
9.4.3 Partnerships, Agreements, And Expansions
10 Company Profile
10.1 Mcdermott
10.1.1 Company Overview
10.1.2 Financial Overview
10.1.3 Products Offered
10.1.4 Key Developments
10.1.5 Swot Analysis
10.1.6 Key Strategies
10.2 Nafta A. S.
10.2.1 Company Overview
10.2.2 Financial Overview
10.2.3 Services Offered
10.2.4 Key Developments
10.2.5 Key Strategies
10.3 Tc Energy Corporation
10.3.1 Company Overview
10.3.2 Financial Overview
10.3.3 Solutions Offered
10.3.4 Key Developments
10.3.5 Swot Analysis
10.3.6 Key Strategies
10.4 Royal Vopak
10.4.1 Company Overview
10.4.2 Financial Overview
10.4.3 Services Offered
10.4.4 Key Developments
10.4.5 Swot Analysis
10.4.6 Key Strategies
10.5 Chart Industries
10.5.1 Company Overview
10.5.2 Financial Overview
10.5.3 Products Offered
10.5.4 Key Developments
10.5.5 Swot Analysis
10.5.6 Key Strategies
10.6 Uniper Se
10.6.1 Company Overview
10.6.2 Financial Overview
10.6.3 Products Offered
10.6.4 Key Developments
10.6.5 Key Strategies
10.7 Enbridge Inc.
10.7.1 Company Overview
10.7.2 Financial Overview
10.7.3 Services Offered
10.7.4 Key Developments
10.7.5 Swot Analysis
10.7.6 Key Strategies
10.8 Gazprom
10.8.1 Company Overview
10.8.2 Financial Overview
10.8.3 Services Offered
10.8.4 Key Developments
10.8.5 Swot Analysis
10.8.6 Key Strategies
10.9 Martin Midstream Partners L.P.
10.9.1 Company Overview
10.9.2 Financial Overview
10.9.3 Services Offered
10.9.4 Key Developments
10.9.5 Swot Analysis
10.9.6 Key Strategies
10.10 Storengy
10.10.1 Company Overview
10.10.2 Financial Overview
10.10.3 Services Offered
10.10.4 Key Developments
10.10.5 Key Strategies
List Of Tables
Table 1 List Of Assumptions
Table 2 Global Underground Natural Gas Storage Market Estimates & Forecast, By Type, 2019–2027 (Bcm)
Table 3 Global Underground Natural Gas Storage Market By Region, 2019–2027 (Bcm)
Table 4 North America Underground Natural Gas Storage Market By Country, 2019–2027 (Bcm)
Table 5 North America Underground Natural Gas Storage Market Estimates & Forecast, By Type, 2019–2027 (Bcm)
Table 6 Us Underground Natural Gas Storage Market Estimates & Forecast, By Type, 2019–2027 (Bcm)
Table 7 Canada Underground Natural Gas Storage Market Estimates & Forecast, By Type, 2019–2027 (Bcm)
Table 8 Mexico Underground Natural Gas Storage Market Estimates & Forecast, By Type, 2019–2027 (Bcm)
Table 9 Europe Underground Natural Gas Storage Market By Country, 2019–2027 (Bcm)
Table 10 Europe Underground Natural Gas Storage Market Estimates & Forecast, By Type, 2019–2027 (Bcm)
Table 11 Germany Underground Natural Gas Storage Market Estimates & Forecast, By Type, 2019–2027 (Bcm)
Table 12 Uk Underground Natural Gas Storage Market Estimates & Forecast, By Type, 2019–2027 (Bcm)
Table 13 France Underground Natural Gas Storage Market Estimates & Forecast, By Type, 2019–2027 (Bcm)
Table 14 Italy Underground Natural Gas Storage Market Estimates & Forecast, By Type, 2019–2027 (Bcm)
Table 15 Rest Of Europeunderground Natural Gas Storage Market Estimates & Forecast, By Type, 2019–2027 (Bcm)
Table 16 Asia Pacific Underground Natural Gas Storage Market By Country, 2019–2027 (Bcm)
Table 17 Asia Pacific Underground Natural Gas Storage Market Estimates & Forecast, By Type, 2019–2027 (Bcm)
Table 18 China Underground Natural Gas Storage Market Estimates & Forecast, By Type, 2019–2027 (Bcm)
Table 19 Japan Underground Natural Gas Storage Market Estimates & Forecast, By Type, 2019–2027 (Bcm)
Table 20 Australia Underground Natural Gas Storage Market Estimates & Forecast, By Type, 2019–2027 (Bcm)
Table 21 Rest Of Asia Pacific Underground Natural Gas Storage Market Estimates & Forecast, By Type, 2019–2027 (Bcm)
Table 22 Rest Of The World Underground Natural Gas Storage Market By Region, 2019–2027 (Bcm)
Table 23 Rest Of The World Underground Natural Gas Storage Market Estimates & Forecast, By Type, 2019–2027 (Bcm)
Table 24 Cis Underground Natural Gas Storage Market Estimates & Forecast, By Type, 2019–2027 (Bcm)
Table 25 Middle East Underground Natural Gas Storage Market Estimates & Forecast, By Type, 2019–2027 (Bcm)
Table 26 Central & South America Underground Natural Gas Storage Market Estimates & Forecast, By Type, 2019–2027 (Bcm)
Table 27 New Product Launches/Product Enhancements
Table 28 Acquisitions And Mergers
Table 29 Partnership, Agreements, And Expansions
Table 30 Mcdermott: Products Offered
Table 31 Mcdermott: Key Developments
Table 32 Nafta A. S.: Services Offered
Table 33 Nafta A. S.: Key Developments
Table 34 Tc Energy Corporation: Solutions Offered
Table 35 Tc Energy Corporation: Key Developments
Table 36 Royal Vopak: Services Offered
Table 37 Royal Vopak: Key Developments
Table 38 Chart Industries: Products Offered
Table 39 Chart Industries: Key Developments
Table 40 Uniper Se: Products Offered
Table 41 Uniper Se: Key Developments
Table 42 Enbridge Inc.: Services Offered
Table 43 Enbridge Inc.: Key Developments
Table 44 Gazprom: Services Offered
Table 45 Martin Midstream Partners L.P.: Services Offered
Table 46 Storengy: Services Offered
Table 47 Storengy: Key Developments
List Of Figures
Figure 1 Market Synopsis
Figure 2 Market Attractiveness Analysis: Global Underground Natural Gas Storage Market
Figure 3 Global Underground Natural Gas Storage Market Analysis, By Type
Figure 4 Global Underground Natural Gas Storage Market Analysis, By Region
Figure 5 Global Underground Natural Gas Storage Market: Structure
Figure 6 Key Buying Criteria For Global Underground Natural Gas Storage Market
Figure 7 Research Process
Figure 8 Top-down And Bottom-up Approaches
Figure 9 Global Underground Natural Gas Storage Market Size & Market Share, By North America (2020 Vs 2027)
Figure 10 Global Underground Natural Gas Storage Market Size & Market Share, By Europe (2020 Vs 2027)
Figure 11 Global Underground Natural Gas Storage Market Size & Market Share, By Asia-pacific (2020 Vs 2027)
Figure 12 Global Underground Natural Gas Storage Market Size & Market Share, By Rest Of The World (2020 Vs 2027)
Figure 13 Global Underground Natural Gas Storage Market: Market Dynamics Snapshot
Figure 14 Global Underground Natural Gas Storage Market: Drivers Impact Analysis
Figure 15 Global Underground Natural Gas Storage Market: Restraints Impact Analysis
Figure 16 Supply Chain Analysis: Global Underground Natural Gas Storage Market
Figure 17 Porter's Five Forces Analysis: Global Underground Natural Gas Storage Market
Figure 18 Global Underground Natural Gas Storage Market, By Type, 2020 (% Share)
Figure 19 Global Underground Natural Gas Storage Market, By Type, 2019 To 2027 (Bcm)
Figure 20 Global Underground Natural Gas Storage Market By Region, 2020 (% Share)
Figure 21 Global Underground Natural Gas Storage Market, By Region, 2019–2027 (Bcm)
Figure 22 Benchmarking Of Major Competitors
Figure 23 Major Players Market Share Analysis, 2019 (%)
Figure 24 Mcdermott: Financial Overview Snapshot
Figure 25 Mcdermott: Swot Analysis
Figure 26 Tc Energy Corporation: Financial Overview Snapshot
Figure 27 Tc Energy Corporation: Swot Analysis
Figure 28 Royal Vopak: Financial Overview Snapshot
Figure 29 Royal Vopak: Swot Analysis
Figure 30 Chart Industries: Financial Overview Snapshot
Figure 31 Chart Industries: Swot Analysis
Figure 32 Uniper Se: Financial Overview Snapshot
Figure 33 Uniper Se: Swot Analysis
Figure 34 Enbridge Inc.: Financial Overview Snapshot
Figure 35 Enbridge Inc.: Swot Analysis
Figure 36 Gazprom: Financial Overview Snapshot
Figure 37 Gazprom: Swot Analysis
Figure 38 Martin Midstream Partners L.P.: Financial Overview Snapshot
Figure 39 Martin Midstream Partners L.P.: Swot Analysis 79

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