Global Markets and Technologies for Natural Gas Storage
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.
Underground gas storage (UGS) as a segment will increase at a CAGR of 2.9% over the forecast period to grow from $374.2 billion in 2015to $430.5 billion in 2020.
The liquefied natural gas (LNG) tanker trade segment is expected to reach $120.5 billion in 2015 and $197.0 billion by 2020 increasing at a CAGR of 10.3%.