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Natural Gas Storage Market Expected to Reach $96.94 million by 2026 - The Williams, Technip, ONEOK, NAFTA A.S, Michigan Gas Storage, Kinder Morgan, GDF Suez Energy, E.ON SE, DTE Energy

03-03-2020 08:17 AM CET | Energy & Environment

Press release from: Premium Market Insights

Natural Gas Storage Market

Natural Gas Storage Market

This Report Provides an In-depth Insight of Natural Gas Storage Market Industry covering all important parameters including development trends, challenges, opportunities, key manufacturers and competitive analysis.

According to Publisher, the Global Natural Gas Storage Market is accounted for $62.49 million in 2017 and is expected to reach $96.94 million by 2026 growing at a CAGR of 5.0% during the forecast period. The factors driving the market growth are rising natural gas demand coupled with energy security and favorable government regulations. However, the factor for which the natural gas is highly combustible is restraining the market.

Natural gas, like many other goods, can be stored for an imprecise period of time in natural gas storage facilities for later consumption. Gas storage is principally used to meet load variations. Gas is injected into storage during periods of low demand and withdrawn from storage during periods of peak demand.

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By application, the underground storage segment is driven due to low operational and low infrastructure cost. Based on the geography, Middle East & Africa is expected to grow in emerging countries due to rising demand for natural gas and the growing focus on clean energy in the region.

Some of the key players in the Natural Gas Storage market are The Williams Companies, Technip, ONEOK ,Inc, NAFTA A.S, Michigan Gas Storage Company, Kinder Morgan Inc, GDF Suez Energy, E.ON SE, DTE Energy, Blue Lake Gas Storage Company and ANR Storage Company.

Table of Contents

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Natural Gas Storage Market, By Type

6 Global Natural Gas Storage Market, By Application

7 Global Natural Gas Storage Market, By Geography

8 Key Developments

9 Company Profiling
9.1 The Williams Companies
9.2 Technip
9.3 ONEOK ,Inc
9.4 NAFTA A.S
9.5 Michigan Gas Storage Company
9.6 Kinder Morgan Inc
9.7 GDF Suez Energy
9.8 E.ON SE
9.9 DTE Energy
9.10 Blue Lake Gas Storage Company
9.11 ANR Storage Company

Access this Report at: https://www.premiummarketinsights.com/buy/SMRC00019496

Name: Sameer Joshi
Email: sales@premiummarketinsights.com
Organization: Premium Market Insights
Phone: +1-646-491-9876

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