Hydrogen Pipeline Market Size was valued at USD 9.4 Billion in 2023. The Hydrogen Pipeline industry is projected to grow from USD 10.92 Billion in 2024 to USD 31.24 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 16.20% during the forecast period (2024 - 2032). Increasing hydrogen demand in the automotive industry and utilization in diverse applications are the key market drivers boosting the expansion of the market.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Market CAGR for Hydrogen Pipeline is being driven by international efforts to limit carbon emissions and mitigate the effects of climate change. The increasing demand for hydrogen has rendered the worldwide market for hydrogen pipelines indispensable for a variety of industries. This market segment contains a vast array of products, including, among others, underground and aboveground conduit systems. In addition to transportation, energy, and manufacturing, hydrogen pipeline demand has increased for other reasons. These factors facilitate the growth of the hydrogen pipeline market across various industries.
An additional significant endeavor, carbon dioxide reduction seeks to mitigate the effects of climate change by implementing more sustainable and environmentally favorable energy sources. The extensive adoption of hydrogen as a versatile and environmentally sustainable energy source has experienced substantial growth in tandem with nations' efforts to reduce carbon emissions. In an effort to promote the advancement of a low-carbon, sustainable energy ecosystem, a multitude of sectors are undertaking investigations into the potential applications of hydrogen as a purified energy resource. Consequently, these decarbonization initiatives drive the hydrogen pipeline market, highlighting the increasing importance of hydrogen infrastructure in facilitating the broader adoption of clean hydrogen as an environmentally sustainable energy source.
The net-zero emissions scenario is revolutionizing the hydrogen production process in an unprecedented way. It is expected that low-carbon processes will comprise the predominant means of hydrogen production by the year 2050. As a consequence, the utilization and production of renewable hydrogen have acquired increased significance. Fertilizer facilities and petroleum refineries utilize the vast majority of constructed hydrogen. Unfortunately, the fossil fuel reforming process leads to the release of carbon dioxide (CO2) into the atmosphere; this constitutes the predominant source of the hydrogen generated. In order to mitigate this issue, green hydrogen is generated via electrolysis, a carbon-free process that separates water into oxygen and hydrogen via electrical means. These investments comprise the costs associated with the infrastructure and piping necessary for the production of renewable hydrogen. Ultimately, these investments will drive the growth of the hydrogen pipeline sector. For instance, the European Commission, for instance, aims to have a financial system with climate neutrality, or net-zero emissions of greenhouse gases, by 2050. Thus, result in driving the Hydrogen Pipeline market revenue.
The Hydrogen Pipeline market segmentation, based on type, includes Mobile Pipelines and Fixed Pipelines. The fixed pipelines segment dominated the market in 2023. They provide a reliable and durable means of hydrogen transfer due to the fact that they are perpetually submerged. These steel or plastic conduits efficiently transport vast quantities of hydrogen at high pressure, thereby reducing transportation expenses.
The Hydrogen Pipeline market segmentation, based on distance, includes Up to 300 Km and More than 300 Km. The category "More than 300 Km" generated the highest revenue in 2023. Pipelines extending beyond 300 kilometers can facilitate interregional integration. One example is the integration of renewable hydrogen generation sources, such as wind farms or solar farms, with urban areas or manufacturing centers. Cross-border travel is enabled by this connectivity, which thus facilitates the development of a hydrogen economy.
The Hydrogen Pipeline market segmentation, based on hydrogen form, includes Gas and Liquid. The gas segment exhibited market dominance in 2023. By employing natural gas as its fuel, the steam methane reforming (SMR) method is responsible for the production of over 96% of the hydrogen produced on a scale. Natural gas pipelines can transport hydrogen because they are designed to transport combustible gases.
The Hydrogen Pipeline market segmentation, based on pipeline structure, includes Metal and Plastics & Composites. The plastics & composites segment exhibited market dominance in 2023, which was distinguished by their exceptional resistance to corrosion, lightweight construction, and high strength-to-weight ratio due to their reinforced polymer matrix composition. Due to their versatility in accommodating various pipeline terrains and surfaces, the installation process is simplified, resulting in reduced costs. Hydrogen delivery plastics & composites are a more cost-effective and superior alternative to conventional metal pipelines.
Figure 1: Hydrogen Pipeline Market, by Pipeline Structure, 2023 & 2032 (USD Billion)
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
By region, the study provides the market insights into North America, Europe, Asia-Pacific and the Rest of the World. The North American Hydrogen Pipeline market area will dominate this market. Due to its advanced infrastructure, the region possesses a competitive advantage. As a result of its superior infrastructure, the area has achieved dominance. In this domain, technological endeavors and government policy are advancing substantially.
Further, the major countries studied in the market report are the US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: HYDROGEN PIPELINE MARKET SHARE BY REGION 2023 (USD Billion)
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Europe Hydrogen Pipeline market has the second-largest portion of the market. Increasing interest in hydrogen and renewable energy sources, as well as government initiatives that promote it, are driving the demand. Further, the German Hydrogen Pipeline market had the biggest market share, and the UK Hydrogen Pipeline market was the European market with the quickest rate of growth.
The Asia-Pacific Hydrogen Pipeline Market is anticipated to expand between 2024 and 2032 at the quickest CAGR. The region is endowed with a burgeoning industrial sector, technological advancements, and government incentives. Moreover, China’s Hydrogen Pipeline market had the biggest market share, and the Indian Hydrogen Pipeline market was the Asia-Pacific region's fastest-growing market.
Leading market players are putting a lot of money into research and development to expand their product lines, which will drive the market for Hydrogen Pipeline to expand even further. Additionally, market players are engaging in a range of calculated initiatives to increase their worldwide presence, with important market developments involving the introduction of new products, contracts, M&A transactions, increased investment, and cooperation with other enterprises. To grow and endure in an increasingly cutthroat and dynamic market, Hydrogen Pipeline industry must provide reasonably priced goods.
Manufacturing locally is one of the primary business techniques used by manufacturers to cut operational costs in the Hydrogen Pipeline industry to help customers and expand the market segment. In recent years, the Hydrogen Pipeline industry has provided some of the biggest benefits to the automotive industry. Major players in the Hydrogen Pipeline market, including 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)., and others, are engaging in research and development activities in an effort to boost market demand.
Under the SoluForce trademark, Pipelife Nederland B.V., a division of Wienerberger AG, conducts business. The organization's primary administrative center and production facilities are located in Enkhuizen, Netherlands. It manufactures and distributes RTP, which is a flexible high-pressure conduit. It is supplied in coils measuring 400 meters in length and has design pressure ratings between 36 and 450 bar. This type of conduit is frequently employed in the oil and gas industry for water transport lines, high-pressure water injection, and oil and gas flowlines. However, apart from their use in the oil and gas industry, they are also employed in the mining, residential gas, CO2, and hydrogen sectors. A contract was executed between ADNOC and SoluForce BV in June 2022 regarding the construction of a regional manufacturing facility specializing in reinforced thermoplastic pipelines and non-metallic solutions.
Salzgitter AG, a German company, ranks among the largest steel producers in Europe, with an annual output of nearly seven million tonnes. More than one hundred subsidiaries and affiliated companies comprise the Group, which is structured into four business groups: Steel Production, Steel Processing, Trading, and Technology. All of these business entities fall within the purview of the management holding company. A collaborative effort was initiated in March 2021 between Salzgitter AG and seven corporations—BP, Evonik, Nowega, OGE, RWE, and Thyssengas—with the objective of developing a transnational hydrogen infrastructure. This infrastructure would be utilized not only for the transportation and industrial sectors but also for the production of renewable hydrogen.
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)
Jindal Saw Limited (India)
September 2020: Arcelor Mittal announced the sale of Cleveland-Cliffs' United States business for approximately $1.4 billion.
December 2023: Through the collaboration of Hy24, Hexagon Purus, Mitsui & Co., Ltd., and Hexagon Composites, the organization successfully generated an estimated aggregate revenue of NOK 1,000 million through the sale of convertible bonds.
Mobile Pipelines
Fixed Pipelines
Up to 300 Km
More than 300 Km
Gas
Liquid
Metal
Plastics & Composites
North America
Europe
Asia-Pacific
Rest of the World (RoW)
| Report Attribute/Metric | Details |
| Market Size 2023 | USD 9.4 Billion |
| Market Size 2024 | USD 10.92 Billion |
| Market Size 2032 | USD 31.24 Billion |
| Compound Annual Growth Rate (CAGR) | 16.20% (2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2019-2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Distance, Hydrogen Form, Pipeline Structure, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil. |
| Key Companies Profiled | 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) |
| Key Market Opportunities | Government net emission objectives are bringing green hydrogen to the forefront of attention. |
| Key Market Dynamics | worldwide campaigns to minimize carbon emissions and the effects of climate change |
Frequently Asked Questions (FAQ) :
In 2023, the market for hydrogen pipelines was estimated to be worth USD 9.4 billion worldwide.
From 2024 to 2032, the market is expected to expand at a compound annual growth rate of 16.20%.
North America held the most market share worldwide.
The leading companies in the market include Hexagon Purus (Norway), Gruppo Sarplast S.r.l. (Italy), Salzgitter AG (Germany), Cenergy Holdings (Belgium), SoluForce B.V. (The Netherlands), Tenaris (Luxembourg), and Pipelife International GmbH (Austria).
In 2023, the market was dominated by the Fixed Pipelines segment.
The market share that Plastics & Composites held was the highest.
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Team Lead - Research Anshula mandaokar holds an academic degree in chemical engineering and has been contributing to the field for more than 5 years. she has expertise in market research and business consulting and serves as a team lead for a reputed market research firm under the chemicals and materials domain spectrum. she has worked on multiple projects, generating explicit results in a quick turnaround time. her understanding of data interpretation justifies her role as a leader.
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