Hydrogen Pipeline Market Analysis

Hydrogen Pipeline Market Analysis

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Based on classification, the repurposed hydrogen pipeline segment will exceed more than USD 650 million by 2035. The pipelines involve converting existing natural gas pipelines for the transportation of hydrogen. They enable this blending process, allowing for a smooth transition toward higher hydrogen content in the gas grid, thereby supporting the development of hydrogen infrastructure. These are more cost effective than building new infrastructure. Blending allows for the gradual introduction of hydrogen into existing natural gas infrastructure, supporting the transition to a hydrogen economy, thereby stimulating the business statistics.
 

Based on type, the onshore hydrogen pipeline will showcase gains at nearly 59.5% up to 2035. The onshore pipelines are designed to transport hydrogen gas from production sites, comprising of electrolysis plants or steam methane reforming facilities, to various points of consumption. These play a crucial role in the transportation of hydrogen from production facilities to end users, including industrial consumers, power plants, and refueling stations for fuel cell vehicles. Further, these are designed to facilitate the blending of hydrogen with other gases, including natural gas.
 

Ongoing integrated with other elements, including production facilities, storage systems, and distribution networks, to create a seamless and efficient hydrogen delivery system will drive the product demand. The length and connectivity of the onshore hydrogen pipelines depend on the geographical distribution of hydrogen demand centers and production sites. The long distance pipelines further connect regions with surplus hydrogen production to areas with high demand. They need to comply with local, regional, and national regulations governing the transportation of hazardous materials, thereby augmenting the business landscape.
 

Europe hydrogen pipeline market is projected to witness about 105.5% CAGR through 2035. The European Union (EU) and individual European countries have been actively pursuing strategies to integrate hydrogen into their energy systems as part of broader decarbonization efforts. Ongoing development of national hydrogen strategies across the economies that primarily outline targets, policies, and investments to promote the use of hydrogen, including the plans for building and expanding the hydrogen pipeline networks, will sway the market trends. Furthermore, collaborative efforts between the countries will drive the development of cross border hydrogen pipelines, which will augment the industry dynamics.