Hydrogen Pipeline Market by Type (Mobile, Fixed), Hydrogen Form (Gas, Liquid), Pipeline Structure (Metal, Plastics & Composites), and Region (APAC, Europe, North America, South America, and Middle East & Africa) - Global Forecast to 2030
The Hydrogen pipeline market is projected to grow from USD 9.1 billion in 2023 to USD 25.7 billion by 2030, at a CAGR of 16.0% from 2023 to 2030. The growing demand for hydrogen as a clean energy carrier is a significant growth factor for the hydrogen pipeline market. Various sectors, including power generation, transportation, and industrial applications, are increasingly relying on hydrogen to meet their energy needs. This surge in demand necessitates the development of extensive pipeline networks to efficiently transport hydrogen from production facilities to end-users.
Attractive Opportunities in the Hydrogen Pipeline Market
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Market Dynamics:
Driver: Global initiatives in decarbonization to reduce impact of climate change
Decarbonization has emerged as a critical global initiative to reduce the impact of climate change and transition toward more sustainable and environmentally friendly energy systems. As nations strive to reduce their carbon footprints, hydrogen has gained significant attention as a versatile and clean energy carrier. Hydrogen is considered a clean energy source for several reasons, and its adoption is being explored in various sectors to contribute to a more sustainable and low-carbon energy landscape. Therefore, such decarbonization initiatives worldwide underscore the growing importance of hydrogen pipelines in facilitating the widespread adoption of clean hydrogen as a sustainable energy solution enhancing growth for hydrogen pipeline market.
Restraint: Risk of accidents and explosions due to high flammability of hydrogen
The flammability of hydrogen poses a significant challenge to the development of the hydrogen pipeline market. Hydrogen is among the most flammable elements, with a wide explosive range, meaning it can ignite at relatively low concentrations and with minimal energy. This property raises concerns about potential accidents and explosions if hydrogen pipelines are not designed, constructed, operated, and maintained to the highest safety standards. Hydrogen molecules are very small and can easily leak through even the smallest cracks or imperfections in pipelines. These leaks can lead to the formation of explosive hydrogen-air mixtures. Hydrogen can ignite at very low concentrations and with minimal energy sources, such as sparks or static electricity. This means that even small incidents or equipment malfunctions can trigger explosions. These incidents contribute to the cautious approach toward hydrogen's flammability, influencing regulatory considerations, and safety protocols in the development and operation of hydrogen pipelines restraining the hydrogen pipeline market’s growth.
Opportunity: Governments net emission targets leading to enhanced focus on green hydrogen
Hydrogen production is going through an unprecedented revolution under the net zero emissions scenario. By 2050, most hydrogen production is expected to be through low-carbon technologies. According to the European Commission, Europe aims to be climate-neutral by 2050, an economy with net-zero greenhouse gas emissions. According to The Climate Action Tracker organization, The US government is committed to reaching net zero emissions by 2050. This has driven the focus on the usage and expansion of green hydrogen production. The majority of hydrogen that is produced is used by petroleum refineries and companies that manufacture fertilizers. Unfortunately, almost all this hydrogen is created through fossil fuel reforming, which is not environmentally friendly due to the production of CO2 emissions. To combat this issue, green hydrogen is produced through electrolysis, which splits water into hydrogen and oxygen using electricity and results in zero carbon emissions. This includes investments in green hydrogen production and the associated pipeline infrastructure which will eventually drive the growth in the hydrogen pipeline market.
Challenge: High initial cost of construction of hydrogen pipelines
The construction and installation of hydrogen pipeline infrastructure involves significant upfront costs. This factor can be a deterrent, especially in regions where financial commitment is a challenge. The high initial cost associated with developing hydrogen pipelines poses a significant barrier to entry for both, public and private entities interested in embracing hydrogen as a key component of their energy infrastructure. The substantial capital required for planning, engineering, and constructing these pipelines can strain budgets and financial resources, preventing potential investors and stakeholders from pursuing hydrogen projects.
Hydrogen pipeline market: ecosystem
Prominent companies in this market include well-established, and financially stable manufacturers of hydrogen pipeline market. These companies have been operating in the market for several years and possess a diversified product portfolio and strong global sales and marketing networks. Prominent companies in this market include Hexagon Purus (Norway), ArcelorMittal (Luxembourg), Salzgitter AG (Germany), Tenaris (Luxembourg), GF Piping Systems (Switzerland), and others.
Based on type, the fixed pipelines segment is projected to register the highest CAGR during the forecast period.
The fixed pipeline segment is estimated to be the fastest-growing segment of the global hydrogen pipeline market in the forecast period by type. Constructed from durable materials such as steel or plastic. With a key role in transporting hydrogen from production sites to diverse end-users, including industrial plants and refineries, fixed pipelines emerge as a practical and viable choice, especially in regions expecting significant growth in hydrogen demand.
Based on pipeline structure, the plastics & composites segment is expected to grow at the fastest rate during the forecast period.
Plastics & composites accounted for the fastest growing segment of the global hydrogen pipeline market in the forecast period by pipeline structure. Fiber-reinforced Polymer (FRP), is a composite material gaining attention for constructing hydrogen pipelines. As an alternative to traditional metal, FRPs also offer advantages in hydrogen transport due to their corrosion resistance, lightweight nature, and high strength-to-weight ratio. For preventing hydrogen embrittlement, FRPs provide a durable solution, and their flexibility ensures cost-effectiveness and adaptability in various lands and grounds. Ongoing research focuses on optimizing the design and material composition of FRP pipelines to meet stringent safety standards for hydrogen transportation.
Based on region, Europe region is projected to be the largest market for hydrogen pipeline market during the forecast period .
Europe is projected to be the largest market from 2023 to 2030. The key driving factor in this region is the diverse stages of development in new energy policies among European countries. With the Europe region committed to a binding target of at least a 40% reduction in greenhouse gas emissions by 2030, it positions itself as a significant player. Furthermore, as one of the oldest oil-producing regions globally, Europe is witnessing rapid adoption of fuel cells driven by increasing projects and government initiatives in residential and commercial sectors. This surge in fuel cell growth is expected to fuel the demand for hydrogen, consequently propelling the hydrogen pipeline market.
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Key Market Players
Cenergy Holdings (Belgium), SoluForce B.V. (The Netherlands), Salzgitter AG (Germany), Gruppo Sarplast S.r.l (Italy), Tenaris (Luxembourg), Hexagon Purus (Norway), Pipelife International GmbH (Austria), Europe Technologies (France), H2 Clipper, Inc. (US), NPROXX (The Netherlands), GF Piping Systems (Switzerland), ArcelorMittal (Luxembourg), and Jindal Saw Limited (India), and others are among the major players leading the market through their innovative offerings, enhanced production capacities, and efficient distribution channels.
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- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
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Report Metric |
Details |
|
Market Size Available for Years |
2019 to 2030 |
|
Base Year Considered |
2022 |
|
Forecast Period |
2023–2030 |
|
Forecast Units |
Value (USD Million/Billion) & Volume (Kilometer) |
|
Segments Covered |
Type, Pipeline Structure, Distance, Pressure, Hydrogen Form, and Region |
|
Geographies Covered |
North America, Europe, Asia Pacific, South America, and the Middle East & Africa |
|
Companies Covered |
Cenergy Holdings (Belgium), SoluForce B.V. (The Netherlands), Salzgitter AG (Germany), Gruppo Sarplast S.r.l (Italy), Tenaris (Luxembourg), Hexagon Purus (Norway), Pipelife International GmbH (Austria), Europe Technologies (France), H2 Clipper, Inc. (US), NPROXX (The Netherlands), GF Piping Systems (Switzerland), ArcelorMittal (Luxembourg), and Jindal Saw Limited (India), and others. |
This research report categorizes the hydrogen pipeline market based on type, textile type, application, and region.
Based on type, the hydrogen pipeline market has been segmented as follows:
- Mobile Pipelines
- Fixed Pipelines
Based on distance, the hydrogen pipeline market has been segmented as follows:
- Upto 300 Km
- More than 300 Km
Based on hydrogen form, the hydrogen pipeline market has been segmented as follows:
- Gas
- Liquid
Based on pipeline structure, the hydrogen pipeline market has been segmented as follows:
- Metal
- Plastics & Composites
Based on the region, the hydrogen pipeline market has been segmented as follows:
-
Asia Pacific
- China
- India
- Australia
- Japan
- South Korea
- Rest of Asia Pacific
-
Europe
- Belgium
- Denmark
- Greece
- Spain
- Germany
- France
- Rest of Europe
-
North America
- US
- Canada
- Mexico
-
South America
- Brazil
- Rest of South America
-
Middle East & Africa
- GCC Countries (UAE & Saudi Arabia)
- Rest of GCC
- South Africa
- Rest of the Middle East & Africa
Recent Developments
- In October 2022, Hexagon Purus and Lhyfe entered into a collaborated on the production of green and renewable hydrogen for transportation and industrial applications.
- In June 2022, SoluForce BV entered into an agreement with ADNOC to set up a local manufacturing facility for reinforced thermoplastic pipes and non-metallic solutions. This will help SoluForce B.V. expand the manufacture of H2T pipes in Abu Dabi.
- In March 2021, Salzgitter AG and seven companies namely, BP, Evonik, Nowega, OGE, RWE, and Thyssengas, entered a partnership to build a cross-border infrastructure for hydrogen, from the production of green hydrogen to transport and industrial use. This partnership aims to create the basis of a European infrastructure for green hydrogen.
Frequently Asked Questions (FAQ):
What is the key driver for the hydrogen pipeline market?
Decarbonization as a driving force for the hydrogen pipeline market
Which region is expected to register the highest CAGR in the hydrogen pipeline market during the forecast period?
The hydrogen pipeline market in the Middle East & Africa is estimated to register the highest CAGR during the forecast period.
What is the major type of Hydrogen Pipeline?
The fixed pipelines segment is the major type of hydrogen pipeline. They are permanently installed in the ground, providing a reliable and long-term solution for transporting hydrogen.
Who are the major players in the hydrogen pipeline market?
The key players operating in the market include Hexagon Purus (Norway), ArcelorMittal (Luxembourg), Salzgitter AG (Germany), Tenaris (Luxembourg), and GF Piping Systems (Switzerland).
What is the total CAGR expected to record for the hydrogen pipeline market during 2023-2030?
The market is expected to record a CAGR of 16.0 % from 2023-2030. .
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The study involved four major activities in estimating the current market size of hydrogen pipelines. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizes with industry experts across the value chain of the hydrogen pipeline through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the size of the segments and sub-segments of the market.
Secondary Research
The research methodology used to estimate and forecast the access control market begins with capturing data on the revenues of key vendors in the market through secondary research. BusinessWeek, Factiva, World Bank, and Industry Journals, such as Hoovers, Bloomberg BusinessWeek, Factiva, World Bank, and Industry Journals, were referred to for identifying and collecting information for this study. These secondary sources included annual reports, press releases & investor presentations of companies; white papers; certified publications; articles by recognized authors; notifications by regulatory bodies; trade directories; and databases. Vendor offerings have also been taken into consideration to determine market segmentation.
Primary Research
The hydrogen pipeline market comprises several stakeholders, such as such as raw material suppliers, technology support providers, hydrogen pipeline manufacturers, and regulatory organizations in the supply chain. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Primary sources from the supply side included industry experts such as Chief Executive Officers (CEOs), vice presidents, marketing directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the hydrogen pipeline market . Primary sources from the demand side included directors, marketing heads, and purchase managers from various sourcing industries. Following is the breakdown of the primary respondents:
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Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the total size of the hydrogen pipeline market. These methods were also used extensively to determine the size of various sub-segments in the market. The research methodology used to estimate the market size included the following:
- The key players were identified through extensive primary and secondary research.
- The value chain and market size of the hydrogen pipeline market, in terms of value, were determined through primary and secondary research.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
- All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
- The research included the study of reports, reviews, and newsletters of top market players, along with extensive interviews for opinions from key leaders, such as CEOs, directors, and marketing executives.
Global Hydrogen Pipeline Market Size: Bottom-Up Approach
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Global Hydrogen Pipeline Market Size: Top-Down Approach
Data Triangulation
After arriving at the overall market size using the market size estimation processes as explained above, the market was split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the oil & gas sector.
Market Definition
Hydrogen pipelines are specialized structures designed to transport hydrogen gas from production sites to various destinations. These pipelines in the hydrogen supply chain ensure the efficient distribution of hydrogen for uses like industrial processes, power generation, and transportation. Constructed to withstand hydrogen's unique characteristics, including its flammability and ability to permeate certain materials, these pipelines are typically made of materials resistant to hydrogen embrittlement and corrosion, with steel being a common choice. Hydrogen can be transported in both gaseous and liquid form through these pipelines, depending on application requirements and pipeline design.
Key Stakeholders
- Raw material manufacturers
- Technology support providers
- Manufacturers of hydrogen pipeline
- Traders, distributors, and suppliers
- Regulatory Bodies and Government Agencies
- Research & Development (R&D) Institutions
- End-use Industries
- Consulting Firms, Trade Associations, and Industry Bodies
- Investment Banks and Private Equity Firms
Report Objectives:
- To analyze and forecast the market size of the hydrogen pipeline market in terms of value
- To provide detailed information regarding the major factors (drivers, restraints, challenges, and opportunities) influencing the regional market
- To analyze and forecast the global hydrogen pipeline market on the basis of type, pipeline structure, distance, pressure, hydrogen form, and region
- To analyze the opportunities in the market for stakeholders and provide details of a competitive landscape for market leaders
- To forecast the size of various market segments based on four major regions: North America, Europe, Asia Pacific, South America, and the Middle East & Africa, along with their respective key countries
- To track and analyze the competitive developments, such as acquisitions, partnerships, collaborations, agreements, and expansions in the market
- To strategically profile the key players and comprehensively analyze their market shares and core competencies
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to client-specific needs.
The following customization options are available for the report:
- Additional country-level analysis of the hydrogen pipeline market
- Profiling of additional market players (up to 5)
Product Analysis
- Product matrix, which gives a detailed comparison of the product portfolio of each company.
Growth opportunities and latent adjacency in Hydrogen Pipeline Market