Natural Gas Storage Market Size & Share, by Storage Type (Underground, Floating); Application (Residential, Commercial) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 3487
  • Published Date: Mar 21, 2023
  • Report Format: PDF, PPT

Companies Dominating the Natural Gas Storage Landscape

    • Foster Wheeler AG
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • WorleyParsons Limited
    • Centrica plc
    • British Gas Services Limited
    • Access Gas Services Inc.
    • Samsung Heavy Industries Co., Ltd.
    • E.ON SE
    • Spectra Energy Corp
    • Chiyoda Corporation
    • Technip S.A. 

Browse Key Market Insights with Data Illustration:


In The News

  • WorleyParsons Limited supported a global initiative, Zero, to prevent the emission of methane in the upstream oil and gas industry. The reduction in methane emissions is necessary to address climate change.

  • British Gas Services Limited unveiled its new service to help customers save on their energy bills. The new service of the company is associated with the process of decarbonizing their home.

Author Credits:  Payel Roy, Dhruv Bhatia

  • Report ID: 3487
  • Published Date: Mar 21, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising construction of buildings across the globe and the growing utilization of natural gas in hospital facilities are the major factors driving the market growth.

The market is anticipated to attain a CAGR of 4% over the forecast period, i.e., 2023-2035.

Slow adoption rate of natural gas and lack of awareness in low-income economies are estimated to be the growth-hindering factors for the market expansion.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are WorleyParsons Limited, Centrica plc, British Gas Services Limited, Access Gas Services Inc., Samsung Heavy Industries Co., Ltd., E.ON SE, Spectra Energy Corp, Chiyoda Corporation, Technip S.A., and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by storage type, application, and by region.

The underground segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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