US Underground Natural Gas Storage Market Summary
The US Underground Natural Gas Storage market is projected to grow steadily over the next decade.
Key Market Trends & Highlights
US Underground Natural Gas Storage Key Trends and Highlights
- The market valuation is expected to rise from 30.25 USD Billion in 2024 to 45.67 USD Billion by 2035.
- A compound annual growth rate (CAGR) of 3.82 percent is anticipated from 2025 to 2035.
- Increased demand for energy security is driving investments in underground natural gas storage facilities.
- Growing adoption of advanced storage technologies due to the need for enhanced energy reliability is a major market driver.
Market Size & Forecast
2024 Market Size | 30.25 (USD Billion) |
2035 Market Size | 45.67 (USD Billion) |
CAGR (2025 - 2035) | 3.82% |
Largest Regional Market Share in 2024 | US) |
Major Players
Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)
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