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Europe Hydrogen Pipeline Market Size
Europe Hydrogen Pipeline Market size was valued at USD 146.2 million in 2023 and is anticipated to grow at a CAGR of 53% between 2024 and 2035. A hydrogen pipeline is a dedicated pipeline system specifically designed for the transportation of hydrogen gas. Hydrogen pipelines are used to transport hydrogen from production facilities to end-users or storage locations. These pipelines play a crucial role in the hydrogen supply chain, particularly as hydrogen is increasingly being considered as a clean energy carrier and a key component in the transition to sustainable energy systems.
Ambitious decarbonization goals and the push for a sustainable hydrogen economy will drive the region to adapt to hydrogen pipelines. For instance, the European Union's hydrogen strategy, introduced n 2020, aims to develop a comprehensive hydrogen infrastructure, to support the production and use of clean hydrogen. Furthermore, several European countries, including France, Germany, and the Netherlands, have developed national hydrogen strategies including significant investments in hydrogen infrastructure, which will stimulate the industry dynamics.
Report Attributes | Details |
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Base Year: | 2023 |
Market Size in 2023: | USD 146.2 Million |
Forecast Period: | 2024 - 2035 |
Forecast Period 2024 - 2035 CAGR: | 53% |
2035 Value Projection: | USD 16.65 Billion |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 50 |
Tables, Charts & Figures: | 15 |
Segments covered: | Type and Classification |
Growth Drivers: |
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Pitfalls & Challenges: |
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Substantial funding and subsidies for hydrogen projects by the EU and national government including the pipeline development will drive the product demand. For instance, the introduction of Horizon Europe and the European Green Deal will positively impact the business statistics. Furthermore, Many European countries are exploring the feasibility of converting existing natural gas pipelines to transport hydrogen. This approach can significantly reduce costs compared to building new pipelines which will boost the product adoption.
Europe Hydrogen Pipeline Market Trends
Ongoing initiatives involving the gas infrastructure companies across the Europe to develop a pan-European hydrogen network will augment the industry landscape. Introduction of projects to utilize developed hydrogen for transport within the region will strengthen the business scenario. For instance, the North Sea Wind Power Hub, aims at utilizing the green hydrogen produced for inter country trade, which will drive the product demand. Moreover, blended of hydrogen with natural gas in the existing pipelines as a transitional measure will complement the business scenario.
Europe Hydrogen Pipeline Market Analysis
Based on classification, the Europe hydrogen pipeline market is segmented into New and Repurposed. The New classification segment is poised to witness 70% through 2035, driven by s countries prioritize the development of hydrogen infrastructure to support their decarbonization goals and transition to clean energy. Ongoing integration with renewable energy sources, comprising offshore wind farms or solar parks equipped with electrolyzers, to produce green hydrogen will positively influence the industry scenario.
Moreover, the development of new pipelines is becoming increasingly prevalent as countries leverage their offshore wind resources to produce renewable hydrogen. Additionally, implementation of new pipelines to serve industrial clusters, comprising refineries, chemical plants, and steel manufacturing facilities will boost the product adoption.
Ongoing development of cross-border hydrogen infrastructure by the European countries, ensuring a cohesive and interconnected hydrogen market will drive the product adoption. Advances in pipeline materials, monitoring technologies, and hydrogen compression are driving the development of safe and efficient hydrogen pipelines. Further, establishment of regulatory frameworks to facilitate the development of hydrogen infrastructure, including pipelines, will ensure safety and interoperability across borders.
Germany’s National Hydrogen Strategy, launched in 2020, aims to position the country as a leader in hydrogen technologies. It focusses on utilizing hydrogen to decarbonize its industrial sector, primarily in areas like steel production and chemical manufacturing. For instance, notable projects across the economy comprising GET H2 Nukleus and H2 Network Ruhr will drive the industry scenario.
Comprehensive hydrogen ecosystem supported by various funding programs along with repurposing of existing natural gas pipelines for hydrogen transport will drive the economy across Netherlands. Notable projects including HyWay 27 and EHB initiative will support the significant portion of Dutch natural gas grid into a hydrogen network, thereby leading to energy transition.
Based on type, the market is segmented into Onshore and Offshore. Offshore segment is set to surpass USD 1.53 billion by 2035, on account of abundant offshore wind resources and existing oil and gas infrastructure across Europe. These pipelines play a crucial role in the development of offshore hydrogen production and the integration of hydrogen into the broader energy system.
Ongoing pilot projects and feasibility studies to assess the technical and economic viability of offshore hydrogen production and transportation will drive the business scenario. Moreover, policy support and funding incentives to accelerate the development of offshore hydrogen infrastructure will support the product adoption.
Europe Hydrogen Pipeline Market Share
International collaboration and cooperation among European countries are key to unlocking the potential of hydrogen infrastructure and realizing the vision of a pan-European hydrogen economy. Ongoing acquisitions and strategic partnerships to scale up hydrogen production and developing the necessary infrastructure will support develop a hydrogen economy. Further, it will create integrated solutions for hydrogen production, distribution, and utilization.
Europe Hydrogen Pipeline Market Companies
Eminent players operating in the Europe hydrogen pipeline industry are:
- Enagas S.A.
- Energinet
- Fluxys
- Gasunie
- GAZ-SYSTEM
- GRTgaz
- ONTRAS Gastransport GmbH
- REN
- Snam
- Terega
Europe Hydrogen Pipeline Industry News
- In July 2023, GRTgaz, and OGE, entered in a hydrogen corridor project, HYFEN. It utilizes advanced infrastructure and transmission networks to transport renewable hydrogen efficiently. This further seeks to establish a transport route between Germany and France, thereby aiding the transport of hydrogen produced in Portugal and Spain to supply large industrial consumers across the southern Germany.
- In April 2022, Shell entered in an agreement to use HyTransPortRTM in the port of Rotterdam, laid by Gasunie along with the Port of Rotterdam Authority to make the industry in the port more sustainable.
The Europe hydrogen pipeline market research report includes an in-depth coverage of the industry with estimates & forecast in terms of volume and revenue in “USD Million & km” from 2021 to 2035, for the following segments:
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Market, By Type
- Onshore
- Offshore
Market, By Classification
- New
- Repurposed
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