Hydrogen Pipeline Market worth $25.7 billion by 2030 - Exclusive Report by MarketsandMarkets™

CHICAGO, Dec. 15, 2023 /PRNewswire/ -- The report "Hydrogen Pipeline Market by Type (Mobile, Fixed), Hydrogen Form (Gas, Liquid), Pipeline Structure (Metal, Plastics & Composites), and Region (APAC, Europe, North America, South America, and Middle East & Africa) - Global Forecast to 2030", is projected to grow from USD 9.1 billion in 2023 to USD 25.7 billion by 2030, at a CAGR of 16.0% from 2023 to 2030.

The hydrogen pipeline sector is rapidly evolving due to the growing usage of hydrogen in various industries, such as energy, transportation, and manufacturing, which is driving the demand for extensive pipeline networks. Hydrogen's versatility as a clean energy carrier contributes to the surge in infrastructure development.

Browse in-depth TOC on "Hydrogen Pipeline Market"

193 – Tables
41 – Figures
173 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=154873652 

By type, the fixed pipelines segment is estimated to be the fastest-growing segment of the hydrogen pipeline market from 2023 to 2030.

The fixed pipelines, by type, are projected to be the fastest-growing segment during the forecast period. They are permanently installed in the ground, providing a reliable and long-term solution for transporting hydrogen. Made of steel or plastic, these pipelines efficiently transport large volumes of hydrogen at high pressure, reducing transportation costs. They are buried underground for durability and safety, and are used for distributing hydrogen from production facilities to various end-users.

By pipeline structure, plastic & composites are projected to be the fastest-growing segment of the hydrogen pipeline market during the forecast period.

The plastic & composites segment ranks as the fastest-growing segment in the Hydrogen pipeline market by pipeline structure during the forecast period. FRPs, composed of a reinforced polymer matrix, provide exceptional corrosion resistance, lightweight construction, and a high strength-to-weight ratio. Their flexibility enables adaptability to various pipeline lands and grounds, simplifying installation and reducing costs. Recognized for cost-effectiveness, FRPs serve as a superior alternative to traditional metal pipelines in hydrogen transportation. Ongoing research and development ensure that FRPs meet stringent safety standards, solidifying their position as frontrunners in this evolving market.

Make An Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=154873652

By region, the Middle East & Africa is estimated to account for the fastest-growing segment of the hydrogen pipeline market from 2023 to 2030.

Middle East & Africa is the fastest-growing segment of the hydrogen pipeline market. It emerges as a global hub for hydrogen pipeline development, driven by factors such as abundant renewable energy, growing hydrogen demand, supportive government policies, existing oil and gas infrastructure, and a strategic location for export. There are upcoming and ongoing projects that exemplify the MEA region's commitment to leading in hydrogen pipeline development. The existing renewable energy, technological advancements, and environmental concerns are shaping the Middle East & Africa's key role in the global energy transition and the hydrogen pipeline market.

Request Customization: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=154873652 

Market Players

The major players operating in the hydrogen pipeline market include Cenergy Holdings (Belgium), SoluForce B.V. (The Netherlands), Salzgitter AG (Germany), Gruppo Sarplast S.r.l (Italy), Tenaris (Luxembourg), Hexagon Purus (Norway), Pipelife International GmbH (Austria), Europe Technologies (France), H2 Clipper, Inc. (US), NPROXX (The Netherlands), GF Piping Systems (Switzerland), ArcelorMittal (Luxembourg), and Jindal Saw Limited (India), among others.

Browse Adjacent Market: Equipment Machine and Tooling Market Research Reports

Related Reports:

CNG, RNG, and Hydrogen Tanks Market - Global Forecast to 2030

Peristaltic Pumps Market - Global Forecast to 2027

About MarketsandMarkets™ 

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report. 

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. 

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes. 

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. 

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. 

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. 

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/hydrogen-pipeline-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/hydrogen-pipeline.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg