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Dublin, June 04, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/9pvp2b/global_natural) has announced the addition of the "Global Natural Gas Storage Market 2015-2019" report to their offering.
The Global Natural Gas Storage market to grow at a CAGR of 6.02% over the period 2014-2019
This report covers the present scenario and the growth prospects of the Global Natural Gas Storage market for the period 2015-2019. The report mainly covers two segments: the Above ground Storage segment and the Underground Storage segment.
The report covers a detailed study based on geographical segmentation and provides the breakdown of all three geographies: the Americas, the EMEA region, and the APAC region. The report also presents the vendor landscape and a corresponding detailed analysis of the key vendors in the Global Natural Gas Storage market.
In addition, the report discusses the major drivers that influence the growth of the Global Natural Gas Storage market. It also outlines the Challenges faced by vendors and the market at large, as well as the key trends that are emerging in the market.
One key trend emerging in this market is the need to enhance the gas distribution network. Market players are investing a huge amount to improve the gas distribution network by integrating it with depleted gas storage reserves.
According to the report, one of the main drivers in this market is growing energy security concerns. Depleting gas reserves and increased gas consumption have forced governments to invest in the storage of natural gas to meet future energy demand.
Further, the report states that one of the major challenges that the market faces is the capital-intensive nature of the market. High construction costs, land acquisitions, and government approvals are some of the major cost-incurring components for the market.
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For more information visit http://www.researchandmarkets.com/research/9pvp2b/global_natural
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