Press release
Hydrogen Pipeline Market worth $27.43 billion by 2030, growing at a CAGR of 15.66% - Exclusive Report by 360iResearch
Hydrogen Pipeline Market | 360iResearch
The Global Hydrogen Pipeline Market to grow from USD 9.90 billion in 2023 to USD 27.43 billion by 2030, at a CAGR of 15.66%.
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The market for hydrogen pipelines involves the infrastructure and services related to the transportation of hydrogen gas from production sites to various end-use destinations. Hydrogen pipelines are critical for integrating hydrogen as a key component of the energy transition toward cleaner energy sources. This market includes material provision, pipeline construction, maintenance, and the operation of pipeline networks. Hydrogen pipelines are predominantly used to supply hydrogen to industrial sectors such as oil refining, chemical production, and steel manufacturing. These pipelines are increasingly servicing the energy sector with the growth of fuel cell technology, providing hydrogen to power stations and fueling stations for hydrogen fuel cell vehicles. The development of the hydrogen pipeline market is influenced by factors such as the increasing demand for clean energy, advancements in hydrogen production technologies, supportive government policies and subsidies, and the growing adoption of hydrogen fuel cell vehicles. Furthermore, the overall shift toward sustainable energy sources catalyzes the expansion of hydrogen infrastructure. The market for hydrogen pipelines faces constraints such as the high initial infrastructure costs, hydrogen permeation, leaks, technical challenges associated with hydrogen storage and transport, regulatory and safety concerns, and competition from alternative delivery methods, such as trucking. A significant development in technological innovations is helping to reduce the cost of hydrogen pipeline construction and maintenance. The development of pipelines compatible with high-pressure hydrogen, improved leak detection systems, and materials that prevent hydrogen embrittlement can greatly impact the market. Expanding into untapped regional markets and potentially retrofitting the existing pipelines associated with natural gas for hydrogen transport present considerable opportunities.
The market demand for hydrogen pipelines in the Americas is primarily driven by the push for clean energy transitions and advanced infrastructure in North America, with the United States majorly contributing to technology and policy initiatives. In the Americas, particularly the United States, hydrogen pipelines are largely oriented toward industrial applications such as refining and chemical production. The existing infrastructure predominantly supports grey hydrogen, and there is an increasing demand for green hydrogen to support a zero-emission future. Development efforts for hydrogen pipelines in South America are emerging, with countries such as Brazil and Argentina exhibiting potential due to their large-scale renewable energy resources. Government regulations, public-private partnerships, and investments in hydrogen infrastructure stimulate the market, while challenges such as cost-effectiveness and the need for unified standards persist. Europe presents a robust market demand for hydrogen pipelines, accentuated by stringent regulatory frameworks to reduce carbon emissions and a firm commitment to achieving net-zero targets. The European Union's hydrogen strategy and projects, such as the European Hydrogen Backbone, reflect the region's proactive approach. Market demand is supported by the availability of funding for research and innovation, along with the presence of multinational conglomerates actively investing in the hydrogen value chain. However, the landscape is complex, with varying degrees of market maturity across countries and the need for cross-border collaboration for infrastructure development. The Asia-Pacific region exhibits a dynamic and rapidly evolving market demand for hydrogen pipelines, led by countries such as Japan, China, and South Korea. This demand stems from comprehensive hydrogen programs, including China's commitment to becoming a hydrogen society and Japan's strategic roadmaps to incorporate hydrogen as a key energy carrier. The region benefits from government incentives, technological advancements, and an expanding industrial sector.
Market Segmentation & Coverage:
This research report categorizes the Hydrogen Pipeline Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Fixed Pipelines and Mobile Pipelines. The Mobile Pipelines is projected to witness significant market share during forecast period.
Based on Pipeline Material, market is studied across Metallic and Non-metallic. The Metallic is further studied across Carbon Steels and Stainless Steels. The Non-metallic is further studied across Elastomers and Plastic. The Metallic is projected to witness significant market share during forecast period.
Based on Distance, market is studied across Over 300 Km and Upto 300 Km. The Over 300 Km is projected to witness significant market share during forecast period.
Based on Installation Type, market is studied across Above-ground and Underground. The Underground is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Hydrogen Pipeline Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Hydrogen Pipeline Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Hydrogen Pipeline Market, highlighting leading vendors and their innovative profiles. These include Air Products and Chemicals, Inc., Approtium, ArcelorMittal S.A., Cenergy Holdings S.A. by Viohalco S.A., China National Petroleum Corporation, China Petrochemical Corporation, DNV AS, Enbridge Inc., Equinor ASA, Exxon Mobil Corporation, Gassco AS, Georg Fischer Piping Systems Ltd., H2 Clipper, Inc., Howden Group Limited by Chart Industries, Inc., JFE Steel Corporation, John Wood Group PLC, Linde PLC, L'Air Liquide S.A, Mannesmann Line Pipe GmbH by Salzgitter AG, N.V. Nederlandse Gasunie, NovoHydrogen, Nowega GmbH, Open Grid Europe GmbH, Pipelife International GmbH, ROSEN Swiss AG, Smartpipe Technologies, SoluForce B.V., Southern California Gas Company by Sempra Energy, Strohm B.V., Tata Steel Limited, Tenaris S.A., The Pipe Line Development Company, The Williams Companies, Inc., TÜV SÜD AG, and Welspun Corp Ltd..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Hydrogen Pipeline Market, by Type
7. Hydrogen Pipeline Market, by Pipeline Material
8. Hydrogen Pipeline Market, by Distance
9. Hydrogen Pipeline Market, by Installation Type
10. Americas Hydrogen Pipeline Market
11. Asia-Pacific Hydrogen Pipeline Market
12. Europe, Middle East & Africa Hydrogen Pipeline Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Hydrogen Pipeline Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Hydrogen Pipeline Market?
3. What is the competitive strategic window for opportunities in the Hydrogen Pipeline Market?
4. What are the technology trends and regulatory frameworks in the Hydrogen Pipeline Market?
5. What is the market share of the leading vendors in the Hydrogen Pipeline Market?
6. What modes and strategic moves are considered suitable for entering the Hydrogen Pipeline Market?
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