Underground Gas Storage Market 2024-2028
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overview_1
Incremental Growth2024-2028 (US$mn)

$ 10200.9

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2024 Year-over-Year Growth

4.78%

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CAGR (2024-2028)

5.34%

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Report Coverage

Global

Underground Gas Storage Market Segmentation

Market Segmentation & Scope
Type
Depleted fields Aquifer reservoir Salt caverns
Product
Natural gas Hydrogen Others

Geography

Europe

UK France Germany

APAC

China India Japan South Korea

North America

US Canada

South America

Brazil

Middle East and Africa

UAE

Market Segment by Geographic Landscape

regional_img

42%

of the growth will originate

from Europe

Global Market Size 2018 - 2028 (US$ Mn)

Market is segmented by Type into Depleted fields, Aquifer reservoir, Salt caverns

The Depleted fields is expected to be largest growing segment during 2024-2028

Largest Segment - Depleted fields

US$ 116,719.50 Mn

Underground Gas Storage Market by Type into Depleted fields; 2018-2028 (US$ Mn)

Depleted fields Market Revenue and Forecast 2018-2028 (US$ Mn)

Depleted fields

  • Depleted fields Market Size and Forecast 2018 to 2028 (US$ Mn)

Underground Gas Storage Market by Type into Aquifer reservoir; 2018-2028 (US$ Mn)

Aquifer reservoir Market Revenue and Forecast 2018-2028 (US$ Mn)

Aquifer reservoir

  • Aquifer reservoir Market Size and Forecast 2018 to 2028 (US$ Mn)

Underground Gas Storage Market by Type into Salt caverns; 2018-2028 (US$ Mn)

Salt caverns Market Revenue and Forecast 2018-2028 (US$ Mn)

Salt caverns

  • Salt caverns Market Size and Forecast 2018 to 2028 (US$ Mn)

Market is segmented by Product into Natural gas, Hydrogen, Others

The Natural gas is expected to be largest growing segment during 2024-2028

Largest Segment - Natural gas

US$ 133,807.00 Mn

Underground Gas Storage Market Size by Segmentation, by Product (US$ Mn)

Product 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR (%)
Natural gas 26659.40 XX XX XX XX XX XX XX XX XX XX XX
Hydrogen XX 2460.60 XX XX XX XX XX XX XX XX XX XX
Others XX XX 741.10 XX XX XX XX XX XX XX XX XX

Underground Gas Storage Market by Product into Natural gas; 2018-2028 (US$ Mn)

Natural gas Market Revenue and Forecast 2018-2028 (US$ Mn)

Natural gas

  • Natural gas Market Size and Forecast 2018 to 2028 (US$ Mn)

Underground Gas Storage Market by Product into Hydrogen; 2018-2028 (US$ Mn)

Hydrogen Market Revenue and Forecast 2018-2028 (US$ Mn)

Hydrogen

  • Hydrogen Market Size and Forecast 2018 to 2028 (US$ Mn)

Underground Gas Storage Market by Product into Others; 2018-2028 (US$ Mn)

Others Market Revenue and Forecast 2018-2028 (US$ Mn)

Others

  • Others Market Size and Forecast 2018 to 2028 (US$ Mn)

Market is segmented by Geography into Europe, North America, APAC, Middle East and Africa, South America

The Europe is estimated to contribute 42% to the growth of global market during the forecast period 2024-2028.

Largest Segment - Europe

42%

Regional share of different regions, including Europe, North America, APAC, Middle East and Africa

Region 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR (%)
Europe 11908.50 XX XX XX XX XX XX XX XX XX XX XX
North America XX 11656.70 XX XX XX XX XX XX XX XX XX XX
APAC XX XX 4630.80 XX XX XX XX XX XX XX XX XX
Middle East and Africa XX XX XX 710.10 729.90 XX XX XX XX XX XX XX
South America XX XX XX XX XX XX XX XX XX XX XX XX

Underground Gas Storage Market Size by Geography into Europe; 2018-2028 (US$ Mn)

Europe Market Revenue and Forecast 2018-2028 (US$ Mn)

Underground Gas Storage Market Size by Country into Germany; 2018-2028 (US$ Mn)

Germany Market Revenue and Forecast 2018-2028 (US$ Mn)

Underground Gas Storage Market Size by Geography into North America; 2018-2028 (US$ Mn)

North America Market Revenue and Forecast 2018-2028 (US$ Mn)

Underground Gas Storage Market Size by Country into Canada; 2018-2028 (US$ Mn)

Canada Market Revenue and Forecast 2018-2028 (US$ Mn)

Underground Gas Storage Market Size by Country into US; 2018-2028 (US$ Mn)

US Market Revenue and Forecast 2018-2028 (US$ Mn)

Underground Gas Storage Market Size by Geography into APAC; 2018-2028 (US$ Mn)

APAC Market Revenue and Forecast 2018-2028 (US$ Mn)

Underground Gas Storage Market Size by Geography into Middle East and Africa; 2018-2028 (US$ Mn)

Middle East and Africa Market Revenue and Forecast 2018-2028 (US$ Mn)

Underground Gas Storage Market Size by Geography into South America; 2018-2028 (US$ Mn)

South America Market Revenue and Forecast 2018-2028 (US$ Mn)

Major Companies

Market Companies

Name Profile Employees Headquarters Website
AtkinsRealis Group IncView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Cardinal Gas StorageView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Centrica PlcView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
China National Petroleum Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Chiyoda Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Costain Group PlcView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
EARTHWORKSView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Enbridge Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
ENGIE SAView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
HOT Engineering GmbHView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Japan Petroleum Exploration Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
KAPPA EngineeringView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Koninklijke Vopak NVView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Mitsubishi Heavy Industries Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
NAFTA asView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Samsung Electronics Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
SGS SAView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
TC EnergyView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Tetra Tech Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Uniper SEView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com

Underground Gas Storage Market Scope

  1. By Type
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ million) Analysis By Type, 2018 to 2022
    3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Type, 2024 to 2028
      1. Depleted fields
      2. Aquifer reservoir
      3. Salt caverns
    4. Y-o-Y Growth Trend Analysis By Type, 2018 to 2022
    5. Absolute $ Opportunity Analysis By Type, 2024 to 2028
  2. By Product
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ million) Analysis By Product, 2018 to 2022
    3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Product, 2024 to 2028
      1. Natural gas
      2. Hydrogen
      3. Others
    4. Y-o-Y Growth Trend Analysis By Product, 2018 to 2022
    5. Absolute $ Opportunity Analysis By Product, 2024 to 2028
  3. By Region
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ million) Analysis By Region, 2018 to 2022
    3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Region, 2024 to 2028
      1. Europe
      2. North America
      3. APAC
      4. Middle East and Africa
      5. South America
  4. Europe Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Country
      1. Germany
    4. By Type
    5. By Product
  5. North America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Country
      1. Canada
      2. US
    4. By Type
    5. By Product
  6. APAC Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Type
    4. By Product
  7. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Type
    4. By Product
  8. South America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Type
    4. By Product

Major Companies

Market companies

Name Profile Employees Headquarters Website
AtkinsRealis Group IncView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Cardinal Gas StorageView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Centrica PlcView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
China National Petroleum Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Chiyoda Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Costain Group PlcView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
EARTHWORKSView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Enbridge Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
ENGIE SAView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
HOT Engineering GmbHView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Japan Petroleum Exploration Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
KAPPA EngineeringView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Koninklijke Vopak NVView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Mitsubishi Heavy Industries Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
NAFTA asView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Samsung Electronics Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
SGS SAView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
TC EnergyView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Tetra Tech Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Uniper SEView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
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