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Europe Hydrogen Pipeline Market Analysis

  • Report ID: GMI9685
  • Published Date: May 2024
  • Report Format: PDF

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.
 

Europe Hydrogen Pipeline Market Share, By Type 2023

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.
 

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size for hydrogen pipeline in Europe reached USD 146.2 million in 2023 and is set to witness 53% CAGR from 2024 to 2035, due to growing demand for hydrogen across various end use industries and supportive government policies.

The offshore segment is poised to cross USD 1.53 billion through 2035, owing to the abundant offshore wind resources and existing oil and gas infrastructure across Europe.

The new hydrogen pipeline industry in Europe is expected to grow over 70% through 2035, attributed to the ongoing integration with renewable energy sources and implementation of new pipelines to serve industrial clusters.

Enagas S.A., Energinet, Fluxys, Gasunie, GAZ-SYSTEM, GRTgaz, ONTRAS Gastransport GmbH, REN, Snam and Terega.

Europe Hydrogen Pipeline Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 15
  • Pages: 50
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