Natural Gas Storage Market Size, Share, and Trends 2024 to 2034

The global natural gas storage market size accounted for USD 42.41 bcm in 2024, grew to USD 50.30 bcm in 2025 and is predicted to surpass around USD 233.52 bcm by 2034, representing a healthy CAGR of 3.50% between 2024 and 2034. The North America natural gas storage market size is calculated at USD 19.08 bcm in 2024 and is expected to grow at a fastest CAGR of 18.72% during the forecast year.

  • Last Updated : November 2024
  • Report Code : 2318
  • Category : Energy and Power

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Natural Gas Storage Market 

5.1. COVID-19 Landscape: Natural Gas Storage Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Natural Gas Storage Market, By Type

8.1. Natural Gas Storage Market, by Type, 2024-2034

8.1.1 Underground

8.1.1.1. Market Revenue and Forecast (2021-2034)

8.1.2. Aboveground

8.1.2.1. Market Revenue and Forecast (2021-2034)

8.1.3. Floating

8.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 9. Global Natural Gas Storage Market, By Underground Storage Type

9.1. Natural Gas Storage Market, by Underground Storage Type, 2024-2034

9.1.1. Depleted Gas Reservoir

9.1.1.1. Market Revenue and Forecast (2021-2034)

9.1.2. Aquifer Reservoir

9.1.2.1. Market Revenue and Forecast (2021-2034)

9.1.3. Salt Caverns

9.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 10. Global Natural Gas Storage Market, By Application 

10.1. Natural Gas Storage Market, by Application, 2024-2034

10.1.1. Residential

10.1.1.1. Market Revenue and Forecast (2021-2034)

10.1.2. Commercial

10.1.2.1. Market Revenue and Forecast (2021-2034)

10.1.3. Others

10.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 11. Global Natural Gas Storage Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Type (2021-2034)

11.1.2. Market Revenue and Forecast, by Underground Storage Type (2021-2034)

11.1.3. Market Revenue and Forecast, by Application (2021-2034)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Type (2021-2034)

11.1.4.2. Market Revenue and Forecast, by Underground Storage Type (2021-2034)

11.1.4.3. Market Revenue and Forecast, by Application (2021-2034)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Type (2021-2034)

11.1.5.2. Market Revenue and Forecast, by Underground Storage Type (2021-2034)

11.1.5.3. Market Revenue and Forecast, by Application (2021-2034)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Type (2021-2034)

11.2.2. Market Revenue and Forecast, by Underground Storage Type (2021-2034)

11.2.3. Market Revenue and Forecast, by Application (2021-2034)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Type (2021-2034)

11.2.4.2. Market Revenue and Forecast, by Underground Storage Type (2021-2034)

11.2.4.3. Market Revenue and Forecast, by Application (2021-2034)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Type (2021-2034)

11.2.5.2. Market Revenue and Forecast, by Underground Storage Type (2021-2034)

11.2.5.3. Market Revenue and Forecast, by Application (2021-2034)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Type (2021-2034)

11.2.6.2. Market Revenue and Forecast, by Underground Storage Type (2021-2034)

11.2.6.3. Market Revenue and Forecast, by Application (2021-2034)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Type (2021-2034)

11.2.7.2. Market Revenue and Forecast, by Underground Storage Type (2021-2034)

11.2.7.3. Market Revenue and Forecast, by Application (2021-2034)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Type (2021-2034)

11.3.2. Market Revenue and Forecast, by Underground Storage Type (2021-2034)

11.3.3. Market Revenue and Forecast, by Application (2021-2034)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Type (2021-2034)

11.3.4.2. Market Revenue and Forecast, by Underground Storage Type (2021-2034)

11.3.4.3. Market Revenue and Forecast, by Application (2021-2034)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Type (2021-2034)

11.3.5.2. Market Revenue and Forecast, by Underground Storage Type (2021-2034)

11.3.5.3. Market Revenue and Forecast, by Application (2021-2034)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Type (2021-2034)

11.3.6.2. Market Revenue and Forecast, by Underground Storage Type (2021-2034)

11.3.6.3. Market Revenue and Forecast, by Application (2021-2034)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Type (2021-2034)

11.3.7.2. Market Revenue and Forecast, by Underground Storage Type (2021-2034)

11.3.7.3. Market Revenue and Forecast, by Application (2021-2034)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Type (2021-2034)

11.4.2. Market Revenue and Forecast, by Underground Storage Type (2021-2034)

11.4.3. Market Revenue and Forecast, by Application (2021-2034)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Type (2021-2034)

11.4.4.2. Market Revenue and Forecast, by Underground Storage Type (2021-2034)

11.4.4.3. Market Revenue and Forecast, by Application (2021-2034)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Type (2021-2034)

11.4.5.2. Market Revenue and Forecast, by Underground Storage Type (2021-2034)

11.4.5.3. Market Revenue and Forecast, by Application (2021-2034)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Type (2021-2034)

11.4.6.2. Market Revenue and Forecast, by Underground Storage Type (2021-2034)

11.4.6.3. Market Revenue and Forecast, by Application (2021-2034)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Type (2021-2034)

11.4.7.2. Market Revenue and Forecast, by Underground Storage Type (2021-2034)

11.4.7.3. Market Revenue and Forecast, by Application (2021-2034)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Type (2021-2034)

11.5.2. Market Revenue and Forecast, by Underground Storage Type (2021-2034)

11.5.3. Market Revenue and Forecast, by Application (2021-2034)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Type (2021-2034)

11.5.4.2. Market Revenue and Forecast, by Underground Storage Type (2021-2034)

11.5.4.3. Market Revenue and Forecast, by Application (2021-2034)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Type (2021-2034)

11.5.5.2. Market Revenue and Forecast, by Underground Storage Type (2021-2034)

11.5.5.3. Market Revenue and Forecast, by Application (2021-2034)

Chapter 12. Company Profiles

12.1. Cardinal Gas Storage Partners LLC.

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Centrica plc

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Chart Industries

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Chiyoda Corporation

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. DTE Energy

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. E. ON SE

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Enbridge Gas Distribution Inc.

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Engie S. A.

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Foster Wheeler

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Gazprom

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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