Asia Pacific Natural Gas Storage Market Size & Outlook

The natural gas storage market in Asia Pacific is expected to reach a projected revenue of US$ 123.2 million by 2030. A compound annual growth rate of 5.8% is expected of Asia Pacific natural gas storage market from 2025 to 2030.
Revenue, 2024 (US$M)
$88.9
Forecast, 2030 (US$M)
$123.2
CAGR, 2025 - 2030
5.8%
Report Coverage
Asia Pacific

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Asia Pacific natural gas storage market, 2018-2030 (US$M)

Asia Pacific natural gas storage market, 2018-2030 (US$M)

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Asia Pacific natural gas storage market highlights

  • The Asia Pacific natural gas storage market generated a revenue of USD 88.9 million in 2024.
  • The market is expected to grow at a CAGR of 5.8% from 2025 to 2030.
  • In terms of segment, underground was the largest revenue generating type in 2024.
  • Underground is the most lucrative type segment registering the fastest growth during the forecast period.
  • Country-wise, China is expected to register the highest CAGR from 2025 to 2030.


Asia Pacific data book summary

Market revenue in 2024USD 88.9 million
Market revenue in 2030USD 123.2 million
Growth rate5.8% (CAGR from 2025 to 2030)
Largest segmentUnderground
Fastest growing segmentUnderground
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationUnderground, Above Ground


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 15.7% of the global natural gas storage market in 2024.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 123.2 million by 2030.

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Natural Gas Storage Market Companies

Name Profile # Employees HQ Website
Vopak View profile 5001-10000 Rotterdam, Zuid-Holland, The Netherlands, Europe https://www.vopak.com/
TransCanada Corporation View profile 5001-10000 Calgary, Alberta, Canada, North America http://www.transcanada.com
NAFTA View profile 1-10 London, England, United Kingdom, Europe https://cryptonafta.com
Sempra Energy View profile 10001+ San Diego, California, United States, North America http://www.sempra.com
Martin Midstream Partners LP View profile 1619 4200 Stone Road, Kilgore, TX, United States, 75662 https://www.mmlp.com
Gazprom View profile 10001+ Moscow, Moscow City, Russian Federation, Europe http://www.gazprom.com
McDermott International Ltd Ordinary Shares View profile - 915 N. Eldridge Parkway, Houston, TX, United States, 77079 https://www.mcdermott.com
Enbridge Inc View profile 11500 425 - 1st Street South West, Suite 200, Calgary, AB, Canada, T2P 3L8 https://www.enbridge.com
Uniper SE View profile 7037 Holzstrasse 6, Dusseldorf, Germany, 40221 https://www.uniper.energy
Chart Industries Inc View profile 11637 2200 Airport Industrial Drive, Suite 100, Ball Ground, GA, United States, 30107 https://www.chartindustries.com

Asia Pacific natural gas storage market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to natural gas storage market will help companies and investors design strategic landscapes.


Underground was the largest segment with a revenue share of 93.59% in 2024. Horizon Databook has segmented the Asia Pacific natural gas storage market based on underground, above ground covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Asia Pacific natural gas storage market databook

  • Our clientele includes a mix of natural gas storage market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific natural gas storage market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific natural gas storage market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Asia Pacific natural gas storage market size, by country, 2018-2030 (US$M)

Asia Pacific Natural Gas Storage Market Outlook Share, 2024 & 2030 (US$M)

Asia Pacific natural gas storage market size, by country, 2018-2030 (US$M)

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