1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas
  5. > Natural Gas Market Trends

United States Natural Gas Storage Market Forecast and Opportunities, 2020

  • January 2015
  • 104 pages
  • TechSci Research
Report ID: 3091085

Summary

Table of Contents

The United States natural gas storage industry is a highly fragmented and mature industry. The developments in the structural pattern of the market can be attributed to the FERC Order 636. Order 636 ended the ownership of the pipeline companies and created a new segment for independent storage companies. However, competition has forced pipeline companies to come up with subsidiaries and acquire the independent storage segment, which has affected the market of independent storage companies. Additionally, the competition between interstate pipelines and LDCs has further diminished their chances of existence. The market as of now comprises of primary and secondary markets for trading of natural gas in the storage, and the roles of various industry players are constantly changing. Owing to enormous competition only the companies owning maximum storage and transportation facilities, and largest number of end users will survive. The rise of portfolio management companies hasalso contributed to the competition, since they are capable of offering a better portfolio of natural gas storage and transportation to end users.

According to “United States Natural Gas Storage Market Forecast & Opportunities, 2020”, the market for underground natural gas storage in the US is projected to grow at a CAGR of around 0.87% during 2015-20. The driving force for this highly competitive market will be the shale revolution. In 2014, shale produced 37% of the total natural gas consumed by end users in the US. In addition, the electricity-generation sector and the industrial sector are estimated to grow at high rates, which will fuel the rate of natural gas consumption, restoring growth in the country’s natural gas storage market. Though residential sectors are estimated to decrease their natural gas usage, the recent drop in temperature suggests a contradictory trend. The increased production of natural gas coupled with the shale revolution, has resulted in decreasing the natural gas storage deficit, in turn decreasing natural gas prices. For the past 20 years, depleted reservoirs have been the choice of the natural gas storage industry, however, owing to high flexibility and cycle time provided by salt caverns, the market will witness their dominance over the forecast period. “United States Natural Gas Storage Market Forecast & Opportunities, 2020” discusses the following aspects of natural gas storage market in the United States:

- United States Market Size, Share & Forecast
- Segmental Analysis – Salt and Non-Salt
- Policy & Regulatory Landscape
- Changing Market Trends & Emerging Opportunities
- Competitive Landscape & Strategic Recommendations

Why You Should Buy This Report?

- To gain an in-depth understanding of natural gas storage market in the United States
- To identify the on-going trends and anticipated growth in the next five years
- To help industry consultants, manufacturers and other stakeholders align their market-centric strategies
- To obtain research based business decisions and add weight to presentations and marketing material
- To gain competitive knowledge of leading market players
- To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs

Report Methodology

The information contained in this report is based upon both primary and secondary research. Primary research included interviews with natural gas storage companies in the United States. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Underground Gas Storage Industry Outlook In Former Soviet Union To 2021: Capacity And Capital Expenditure Forecasts With Details Of All Operating And Planned Storage Sites

  • $ 5000
  • Industry report
  • May 2017
  • by GlobalData

Underground Gas Storage Industry Outlook In Former Soviet Union To 2021: Capacity And Capital Expenditure Forecasts With Details Of All Operating And Planned Storage Sites Summary "Underground Gas Storage ...

Underground Gas Storage Industry Outlook in Europe to 2021: Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Storage Sites

  • $ 5000
  • Industry report
  • May 2017
  • by GlobalData

Underground Gas Storage Industry Outlook in Europe to 2021: Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Storage Sites Summary "Underground Gas Storage Industry ...

Underground Gas Storage Industry Outlook in North America to 2021: Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Storage Sites

  • $ 5000
  • Industry report
  • May 2017
  • by GlobalData

Underground Gas Storage Industry Outlook in North America to 2021: Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Storage Sites Summary "Underground Gas Storage Industry ...


Download Unlimited Documents from Trusted Public Sources

Natural Gas Industry in the UK and the US - Forecast, Quarterly Update

  • July 2017
    4 pages
  • Natural Gas  

  • United Kingdom  

    United States  

    World  

View report >

Crude Oil Demand Statistics

  • July 2017
    9 pages
  • Natural Gas  

    Crude Oil  

    Fossil Fuel  

  • Canada  

    United States  

    North America  

View report >

Natural Gas Forecast in the US

  • July 2017
    3 pages
  • Natural Gas  

  • United States  

    North America  

View report >

Energy Industry

27 days ago

Related Market Segments :

Gas Storage

ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.