Report Highlights
The global natural gas storage market will reach $796.4 billion in 2020, up from $562.2 billion in 2015, registering a CAGR of 7.2% for the period of 2015-2020.
Report Includes
- An assessment and quantification of the current global natural gas storage market
- Analyses of global market trends, with data from 2014, estimates for 2015, and projections of compound annual growth rates (CAGRs) through 2020
- Evaluation of the future global use of storage as a means of primary energy production
- Discussion of important current and potential environmental regulations that may affect the growth of this market
- Examination of pricing trends for key North American and European wholesale gas markets
- Assessment of the impacts of new and proposed infrastructure projects
- A detailed patent analysis
- Profiles of the top players in the field
Report Scope
BCC Research expects a consistent increase in global natural gas usage with more than 250 years of global supply now well established, and emerging exploration potential, especially in shale gas. BCC Research analysis expects global natural gas demand to increase by 65% from 2015 to 2030, reaching 27% of the primary energy mix globally and within that, strong growth in LNG. BCC Research expects LNG demand to double again to reach 550 million tons by 2030. Meeting this demand growth will require substantial investment in developing storage infrastructure — potentially more than $1.3 trillion. Natural gas storages will ensure continued innovation and enhance interdependency between supplier and consumer centers.
This report is divided into eleven chapters.
Chapter One presents the introduction. The study goal and objectives are identified and the reasons for doing the study advanced. It also provides the contribution of the study and for whom, the scope and format, methodology and intended audience. The credentials of the analyst are presented and the related BCC Research reports listed.
Chapter Two presents a summary of the report, including a summary table and figure which presents some key findings from the study
Chapter Three presents an overview of the natural gas storage industry. The overview describes the importance of the natural gas storage infrastructure in relation to the overall global energy economy, including a brief history and important indications for the industry. Key findings from the study are presented.
Chapter Four quantifies the demand for underground natural gas storage by type including aquifers, cavern, and depleted oil and gas fields. These products are each quantified with global and regional forecasts made up to 2020.
Chapter Five quantifies the demand for above ground natural gas storage by type including LNG tanker, merchant LNG and compressed natural gas. These products are each quantified with global and regional forecasts made up to 2020.
Chapter Six presents the demand for natural gas storage by application such as international LNG trade, seasonal balancing, system optimization and security of supply, arbitrage, transit backup and direct end-users and merchant LNG (now increasingly being used in heavy-duty vehicle transportation) and peak shaving. These are quantified with global and regional forecasts made to 2020.
Chapter Seven presents the demand for natural gas storage infrastructure by technology covering a detailed analysis of the containment systems. It assesses and evaluates the containment technology by type with global and regional breakdown and forecasts to 2020. An evaluation of the demand for natural gas storage intensity by type of storage technology is presented. The natural gas storage industry giants are identified and their market shares presented. The technology developments by industry giants are assessed, including company expertise and know-how, and leaders in research and development are also profiled.
Chapter Eight analyzes the international scene and quantifies global energy demand, population growth, natural gas reserves, production and consumption. It quantifies the growth of unconventional gas production, the price of natural gas and crude oil and looks at the shifts in major metals prices.
Chapter Nine analyzes the structure of the storage industry, including the driving forces of the industry. Important strategies for staying competitive and important shifts in the industry are assessed. Trade practices of the industry and business and the impact of storage on the petroleum and power industries are discussed. Concentration factors, valorization, and company market shares are presented. Other aspects covered in this section include competition and market segmentation/fragmentation.
Chapter Ten discusses the government environmental/energy regulation scene as it applies to natural gas storage infrastructure and business. The report also describes the environmental regulatory changes and agencies involved, including industry compliance and quantification of economic effects.
Chapter Eleven presents company profiles of more than 100 companies involved in the natural gas storage infrastructure, and business are profiled with highlights of their major activities in the storage business including the company name, telephone number, fax number, and contact name and number.
Analyst Credentials
Edward Gobina is a Full U.K. Professor of Chemical and Processing Engineering with 32 years of research and teaching experience in environmental engineering, petrochemical reaction engineering, and catalysis and membrane technology. His scientific achievements are archived in more than 300 articles and spread in more than 25 granted patents, more than 30 patent applications, and more than 100 invited and guest speaker presentations, as well as contributed presentations and prestigious refereed scientific journals, newsletters, proceedings and reviews. He has been a project analyst for BCC Research since 1998 and has authored more than 25 BCC Research reports. His reports have provided the critical links in the entire chemical and energy infrastructure chain, from hydrogen to advanced oil and gas exploitation, sensors and monitoring, and LNG infrastructure. Professor Gobina is a member of the European Membrane Society (EMS), the North American Membrane Society (NAMS) and the New York Academy of Sciences (NYAS). He is the current director of the Centre for Process Integration and Membrane Technology (CPIMT) within the School of Engineering at the Robert Gordon University in the U.K.
Related Reports
Track the Latest Global Tariff Developments
In today's fast-paced global economy, tariffs are no longer static—they are dynamic levers shaped by geopolitical realignments, supply chain vulnerabilities, inflationary pressures, and sustainability-driven trade reforms. As governments worldwide recalibrate their trade strategies, businesses are left to navigate a maze of shifting rules, rising costs, and regulatory uncertainty.
Our analysis empowers you with real-time updates and in-depth expert analysis on all facets of global tariff activity. From new trade agreements and sanctions to abrupt tariff hikes and retaliatory duties, we monitor developments across borders, sectors, and industries—so you don't have to.
Whether it's the ongoing U.S.–China trade dynamics, the evolving EU Carbon Border Adjustment Mechanism (CBAM), or the emerging policies in India, ASEAN, and Latin America, we provide full-spectrum coverage. We also track multilateral trade negotiations, World Trade Organization (WTO) rulings, and sector-specific duty structures—ensuring you are always ahead of global trade shifts.
With our analysis, you can stay informed, identify risks, and confidently respond to tariff changes—no matter where you operate.
Ready to see what tariff means for your business?
Consult with our experts or request your custom Tariff Impact Brife today
Stay Informed, Stay Competitive
In today's interconnected and unpredictable global economy, staying ahead of tariff shifts is not just important—it's essential. BCC Research provides decision-makers with trusted, research-driven insights that turn uncertainty into opportunity.
Our in-depth market analysis and trade intelligence help you decode how tariff changes impact your specific sector—manufacturing, healthcare, technology, agriculture, or energy. We break down complex data into actionable knowledge through comprehensive reports, expert commentaries, and sector-focused forecasts.
Our analysis includes:
- Thorough breakdowns of current and proposed tariff policies and how they affect regional and global trade flows.
- Sector-specific implications, helping you understand the strategic impact on sourcing, pricing, and competitiveness.
- Forward-looking insights to support risk management, planning, and response strategies for evolving trade conditions.
With BCC Research, you gain more than just information—you gain clarity and confidence to make well-informed decisions in a volatile trade environment.
Don't let tariffs catch you off guard—let our insights guide your strategy.
Recent Reports
Biofuels: Global Markets
The global market for biofuels is expected to grow from $150.9 billion in 2025 to reach $194.7 billion by the end of 2030, at a compound annual growth rate (CAGR) of 5.2% from 2025 through 2030.
Solid Oxide Fuel Cells: Technologies and Global Markets
The global market for solid oxide fuel cells (SOFC) is expected to grow from $3.2 billion in 2025 and is projected to reach $9.6 billion by the end of 2030, at a compound annual growth rate (CAGR) of 24.4% during the forecast period of 2025 to 2030.
State of the Energy & Sustainability Industry - Third Quarter Review
Explore global energy market dynamics in BCC Research’s Q3 2025 analysis—covering renewables, oil, gas, and the growing role of AI in energy innovation.
Global Floating Offshore Wind Energy Market
The global market for floating offshore wind energy is estimated to grow from $1.7 billion in 2025 to $18 billion by the end of 2030, at a compound annual growth rate (CAGR) of 60.1% from 2025 to 2030.
Global White Hydrogen Market
The report provides an analysis of the global market for white hydrogen. Using 2024 as the base year, the report provides estimated market data for 2025 through 2030. The market in this report is segmented into by source, by application, and by region. The report concludes with profiles of the major players in the market.
Top Trending Reports
Contract Manufacturing of Medical Devices: Global Markets
The global market for contract manufacturing of medical devices is estimated to grow from $96.4 billion in 2025 to reach $155.2 billion by 2030, at a compound annual growth rate (CAGR) of 10% from 2025 to 2030.
Bioprocess Filtration: Global Markets
The global market for bioprocess filtration is estimated to grow from $8.4 billion in 2025 to reach $15.6 billion by 2030, at a compound annual growth rate (CAGR) of 13.1% from 2025 through 2030.
Global Data Center Market
The global market for data centers is expected to grow from $418.2 billion in 2025 and is projected to reach $691.6 billion by the end of 2030, at a compound annual growth rate (CAGR) of 10.6% during the forecast period of 2025 to 2030.
Biological Therapies for Cancer: Technologies and Global Markets
The global biological therapies market for cancer is expected to grow from $157 billion in 2025 and is projected to reach $225 billion by the end of 2030, at a compound annual growth rate (CAGR) of 7.5% during the forecast period of 2025 to 2030.
Immunotherapy Drugs: Global Markets
The global immunotherapy drugs market is expected to grow from $260.7 billion in 2025 and is projected to reach $467.4 billion by the end of 2030, at a compound annual growth rate (CAGR) of 12.4% during the forecast period of 2025 to 2030.
Report Highlights
The global natural gas storage volume reached 643 million cubic feet in 2011 and 657 million cubic feet in 2012. The natural gas volume is expected to reach 720 million cubic feet in 2017 for a compound annual growth rate (CAGR) of 1.9%.
Report Includes
- An assessment and quantification of the current global natural gas and LNG storage market and demand
- Analyses of global market trends, with data from 2011 and 2012, and projections of compound annual growth rates (CAGRs) through 2017
- Evaluation of the future global use of storage as a means of primary energy production
- Discussion of important current and potential environmental regulations that may affect the growth of this market
- Examination of pricing trends for key North American and European wholesale gas markets
- Assessment of the impacts of new and proposed infrastructure on LNG and underground gas storage projects
- A detailed patent analysis
- Comprehensive company profiles of the top players in the market.
Report Highlights
-
Global LNG and natural gas storage infrastructure spending was approximately $22.9 billion in 2005. By 2010, this market will reach nearly $31 billion, an average annual growth rate (AAGR) of 6.2%
-
Merchant LNG storages will continue to spearhead growth over the forecast period. These small regasification storage plants are often called "peakshaving plants." Alternatively, the LNG may be transported in special tanker trucks to small facilities where it is stored and regasified as needed. Such facilities are called "satellite plants." The United States, for example, has about 100 LNG satellite and peakshaving plants throughout the country. There is also a growing support for natural gas vehicles (NGV), with their global usage being seen as one of the major pathways to the "hydrogen economy". Worldwide there are now over 3.8 million NGVs on the road
-
The deregulation of underground storage has combined with other factors such as the growth in the number of gas-fired electricity generating plants to place a premium on high-deliverability storage facilities. This will maintain a healthy growth in working gas storage investments globally at an AAGR corresponding to 5.4% over the forecast period to 2010.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More