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Hydrogen Pipeline Market Trends

Report ID: GMI9448
Published Date: May 2024
Report Format: PDF

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Hydrogen Pipeline Market Trends

Repurposing and integration of the existing natural gas pipelines for hydrogen transportation, will support leverage the existing infrastructure, contributing to the market statistics. Additionally, industries including refining, chemicals, and manufacturing, are continuously exploring hydrogen as a cleaner alternative for their processes, driving the need for efficient and reliable hydrogen transportation infrastructure, including pipelines.

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of hydrogen pipeline was worth more than USD 2.96 billion in 2023 and is anticipated to exceed USD 27.7 billion by 2035, as they are designed to transport gas from the production facility to various end users or storage facilities.

Repurposed hydrogen pipeline market size will surpass USD 650 million by 2035, due to the rising need to enable this blending process while allowing for a smooth transition toward higher hydrogen content in the gas grid.

Demand for onshore hydrogen pipeline market is estimated to grow at over 59.5% CAGR through 2035, as onshore pipelines are designed to transport hydrogen gas from production sites.

Europe hydrogen pipeline industry size will record over 105.5% CAGR from 2024 to 2035, owing to ongoing development of national hydrogen strategies across the economies that primarily outline targets, policies, and investments to promote the use of hydrogen.