Natural Gas Storage Market Analysis Report and Forecast Upto 2021
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Research Report on Global Natural Gas Storage Market 2014 to 2021 added by DecisionDatabases.com studies the current and upcoming Market Size, Share, Demand, Growth, Trend and Forecast.
Natural gas storage refers to various storage systems in which natural gas can be stored for longer period of time. Natural gas is one of the best fuels used in modern world and so its storage is an important aspect for its proper usage. Various underground and aboveground systems are used to store natural gas. Gas reservoirs, pipelines and other aboveground reserves are imperatively used to store natural gas. Natural gas is an eco-friendly gas which act as a fuel in natural gas driven engines, turbines and automobiles. It is also used in fertilizers and an alternative fuel for coal. These benefits of natural gas facilitate its storage and demand in near future.
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Natural gas storage systems play a significant role when demand for natural gas is high or during price hike of other fuels. Global natural gas storage market is analyzed and segmented based on its type into depleted reservoirs, underground storage, salt caverns, aquifers and aboveground storage. Among these underground storage systems dominate this market as it is highly used. Other temporary storage sources like pipelines play an important role in supply and temporary storage of natural gas.
Increased demand for natural gas driven automobiles for transport and domestic transport vehicles is a significant factor to augment the growth of this market. Use of CNG auto rickshaws and CNG kit in cars as a fuel highly propels the growth of this market for the forecast. Increased demand for energy production using natural gas further fuels the growth of global natural gas storage market. Research and development for the use of liquefied natural gas LNG in aircrafts will open new opportunities for the rapid growth of this market. Research and development for newer and economical storage facilities for natural gas is further expected to boost the growth of this market over the forecast period. High initial cost required for building storage systems is expected to hamper the growth of this market to some extent.
Major player assessed in the report are :
- Amec Foster Wheeler plc
- Spectra Energy
- GDF SUEZ
- Samsung Heavy Industries
- Centrica
- Technip
- Worley Parsons
- E-on Group
- Chiyoda Corporation
- More
Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and Middle East And Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
View More About this Report : http://www.decisiondatabases.com/ip/3159-natural-gas-storage-market-report
Segmentations In Report :
Natural Gas Storage Market By Type :
- Above-Ground Storage
- Underground Storage
- Depleted Reservoirs
- Salt Caverns
- Aquifers
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DecisionDatabases.com is one stop shop for your Market research requirements like market reports, company profiles and industry databases. Our team consists of expert Business Analysts who have been trained to map your research requirement to the correct research resource.
Contact:
DecisionDatabases.com
Phone: +91 99 28 237112
Email: [email protected]
Web: www.decisiondatabases.com
Natural gas storage refers to various storage systems in which natural gas can be stored for longer period of time. Natural gas is one of the best fuels used in modern world and so its storage is an important aspect for its proper usage. Various underground and aboveground systems are used to store natural gas. Gas reservoirs, pipelines and other aboveground reserves are imperatively used to store natural gas. Natural gas is an eco-friendly gas which act as a fuel in natural gas driven engines, turbines and automobiles. It is also used in fertilizers and an alternative fuel for coal. These benefits of natural gas facilitate its storage and demand in near future.
Download Free Sample Copy Of this Report : http://www.decisiondatabases.com/contact/download-sample-3159
Natural gas storage systems play a significant role when demand for natural gas is high or during price hike of other fuels. Global natural gas storage market is analyzed and segmented based on its type into depleted reservoirs, underground storage, salt caverns, aquifers and aboveground storage. Among these underground storage systems dominate this market as it is highly used. Other temporary storage sources like pipelines play an important role in supply and temporary storage of natural gas.
Increased demand for natural gas driven automobiles for transport and domestic transport vehicles is a significant factor to augment the growth of this market. Use of CNG auto rickshaws and CNG kit in cars as a fuel highly propels the growth of this market for the forecast. Increased demand for energy production using natural gas further fuels the growth of global natural gas storage market. Research and development for the use of liquefied natural gas LNG in aircrafts will open new opportunities for the rapid growth of this market. Research and development for newer and economical storage facilities for natural gas is further expected to boost the growth of this market over the forecast period. High initial cost required for building storage systems is expected to hamper the growth of this market to some extent.
Major player assessed in the report are :
- Amec Foster Wheeler plc
- Spectra Energy
- GDF SUEZ
- Samsung Heavy Industries
- Centrica
- Technip
- Worley Parsons
- E-on Group
- Chiyoda Corporation
- More
Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and Middle East And Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
View More About this Report : http://www.decisiondatabases.com/ip/3159-natural-gas-storage-market-report
Segmentations In Report :
Natural Gas Storage Market By Type :
- Above-Ground Storage
- Underground Storage
- Depleted Reservoirs
- Salt Caverns
- Aquifers
Follow us on LinkedIn for our latest upcoming reports : https://www.linkedin.com/company/decisiondatabases-com
About DecisionDatabases.com
DecisionDatabases.com is one stop shop for your Market research requirements like market reports, company profiles and industry databases. Our team consists of expert Business Analysts who have been trained to map your research requirement to the correct research resource.
Contact:
DecisionDatabases.com
Phone: +91 99 28 237112
Email: [email protected]
Web: www.decisiondatabases.com