(MENAFN- GlobeNewsWire - Nasdaq) The underground hydrogen storage market offers significant opportunities driven by supportive policies, net-zero targets, and the role of hydrogen as a clean energy carrier. Growth is fueled by investments in green hydrogen infrastructure and renewable energy adoption. Europe, the U.S., and Asia-Pacific are key regions benefiting from regulatory support and advancing technologies.

Dublin, Oct. 02, 2025 (GLOBE NEWSWIRE) -- The "Underground Hydrogen Storage Market Size, Share & Trends Analysis Report by Type (Porous Media Storage, Salt Caverns, Engineered Cavities), by Region (North America, Europe, Asia-Pacific, Latin America, MEA), and Segment Forecasts, 2025-2033" report has been added to ResearchAndMarkets's offering.
The global underground hydrogen storage market demand was estimated at 2780.67 MCM in 2024 and is projected to reach 6,249.05 MCM by 2033, growing at a CAGR of 9.2% from 2025 to 2033. The market is expected to grow steadily during the forecast period, driven by supportive government policies, increasing net-zero targets, and heightened focus on hydrogen as a clean energy carrier for industry, transport, and power generation sectors.

Growing investments in green hydrogen infrastructure and rising adoption of renewable energy sources are accelerating the demand for safe and scalable hydrogen storage technologies. Underground hydrogen storage involves storing hydrogen gas in large geological formations such as salt caverns, depleted oil and gas fields, or aquifers, enabling the buffering of supply and demand in large-scale hydrogen energy systems. This method stabilizes hydrogen supply chains by offering long-duration energy storage solutions essential for decarbonized energy grids. Advancements in subsurface engineering and the repurposing of existing gas storage facilities further enhance underground hydrogen storage's commercial viability.
Underground hydrogen storage is primarily used to balance supply and demand in hydrogen energy systems and support large-scale hydrogen deployment. While smaller above-ground storage solutions exist, they are not economically viable for handling seasonal fluctuations or industrial-scale volumes. Therefore, geological formations like salt caverns, depleted oil and gas fields, and aquifers are increasingly utilized due to their high capacity and long-duration storage capabilities.

Projects integrating underground hydrogen storage with green hydrogen production and fuel cell deployment, particularly in Europe, the United States, and Asia-Pacific countries like Japan and Australia, are gaining momentum. Supportive regulatory frameworks, national hydrogen strategies, and investment in hydrogen hubs are key factors driving the development of underground hydrogen storage infrastructure.

Why should you buy this report?

• Comprehensive Market Analysis: Gain detailed insights into the industry across major regions and segments.
• Competitive Landscape: Explore the market presence of key players.
• Future Trends: Discover the pivotal trends and drivers shaping the future of the market.
• Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

Key Attributes:

Report Attribute	Details
No. of Pages	120
Forecast Period	2024 - 2033
Estimated Market Value in 2024	2780.67 MCM
Forecasted Market Value by 2033	6249.05 MCM
Compound Annual Growth Rate	9.2%
Regions Covered	Global

Market Variables, Trends, and Scope

• Market Lineage Outlook
• Penetration & Growth Prospect Mapping
• Value Chain Analysis
• Regulatory Framework
• Standards & Compliance
• Regulatory Impact Analysis
• Market Dynamics
• Market Driver Analysis
• Market Restraint Analysis
• Market Opportunities
• Market Challenges
• Porter's Five Forces Analysis
• PESTLE Analysis

Companies Featured

• Air Liquide
• Air Products and Chemicals, Inc.
• Engie
• Linde plc
• Texas Brine Company, LLC
• Uniper SE
• WSP

Global Underground Hydrogen Storage Market Report Segmentation

Storage Type Outlook (Volume, MCM, 2021-2033)

• Porous Media Storage
• Salt Caverns
• Engineered Cavities

Regional Outlook (Volume, MCM, 2021-2033)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Asia-Pacific
• China
• India
• Japan
• Australia
• Latin America
• Brazil
• Mexico
• Middle East & Africa
• Algeria
• Egypt
• Libya
• UAE

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Attachment

• Underground Hydrogen Storage Market

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