Europe Hydrogen Pipeline Market Size

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.

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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.
 

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.