openPR Logo
Press release

Green Ammonia Market Is Driven By Increasing Demand For Sustainable And Environmentally Friendly Products | The Linde Group, Nel Hydrogen,ThyssenKrupp AG

12-14-2023 05:49 AM CET | Energy & Environment

Press release from: Global Insight Services

Green ammonia is a term used for ammonia that is produced using renewable energy sources, rather than fossil fuels. The process of producing green ammonia is similar to that of producing traditional ammonia, but the green ammonia process uses renewable energy sources (such as solar, wind, or hydro power) to power the ammonia synthesis process.

Download Free Sample of Report - https://www.globalinsightservices.com/request-sample/GIS20273/?utm_id=1024

Green ammonia can be used in a variety of ways, including as a fuel for vehicles and as a source of nitrogen for agricultural fertilizers. The production of green ammonia is a key part of the global effort to reduce greenhouse gas emissions, as it can help displace fossil fuel use in a number of sectors.

Key Trends

The major trends in Green Ammonia Market are:

Increasingawareness about the benefits of green ammonia
Increasinginvestments in green ammonia production
Increasinggovernment support for green ammonia production
Technologicaladvancements in green ammonia production

Report Overview- https://www.globalinsightservices.com/reports/green-ammonia-market

Key Drivers

One key driver is the increasing demand for sustainable and environmentally friendly products. Ammonia is a key ingredient in many products, including fertilizers, cleaning products, and industrial chemicals.

Another key driver of the green ammonia market is the increasing cost of traditional ammonia production. Ammonia is produced by the Haber-Bosch process, which is energy intensive and emits large amounts of greenhouse gases.

Finally, government incentives and regulations are also key drivers of the green ammonia market. Many governments are encouraging the development of green ammonia production through financial incentives and regulations.

Restraints & Challenges

However, green ammonia faces a number of challenges. Firstly, it is currently more expensive to produce than conventional ammonia. This is due to the high cost of renewable energy, and the fact that the technology is still in its early stages of development.

Green ammonia faces opposition from the fossil fuel industry, which is powerful and well-established. The industry is likely to resist any attempt to replace fossil fuels with green ammonia.

Get a customized scope to match your need, ask an expert - https://www.globalinsightservices.com/request-customization/GIS20273/?utm_id=1024

Market Segments

The green ammonia market can be segmented into technology, end user, and region. By technology, the market can be divided into alkaline water electrolysis, proton exchange membrane, and solid oxide electrolysis. By end user, the market can be segmented into agriculture, transportation, power generation, and industrial feedstock. By region, the market is divided into North America, Europe, Asia Pacific, and the Rest of the World.

Key Players
YaraInternational(NO)
J-Power(JP)
SumitomoChemical(JP)
ToyotaTsusho(JP)
AirProducts and Chemicals(US)
BASF(DE)
TheLinde Group(IE)
Nel Hydrogen(NO)
ThyssenKrupp AG(DE)
ITM Power(UK)

Buy Now - https://www.globalinsightservices.com/checkout/single_user/GIS20273/?utm_id=1024

With Global Insight Services, you receive:

10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
Free consultation with lead analyst of the report
Excel data pack included with all report purchases
Robust and transparent research methodology

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Green Ammonia Market Is Driven By Increasing Demand For Sustainable And Environmentally Friendly Products | The Linde Group, Nel Hydrogen,ThyssenKrupp AG here

News-ID: 3326950 • Views:

More Releases from Global Insight Services

Aerospace Carbon Fiber Market Expected to Reach $1,768.5 Billion by 2034 with a Strong 12% CAGR | Overall Study Report
Aerospace Carbon Fiber Market Expected to Reach $1,768.5 Billion by 2034 with a …
The aerospace carbon fiber market is on an impressive growth trajectory, projected to expand from $569.4 billion in 2024 to $1,768.5 billion by 2034, reflecting a strong CAGR of 12%. This rapid expansion is fueled by the rising demand for lightweight, durable, and high-performance materials that improve fuel efficiency and reduce emissions in aircraft. Carbon fiber, known for its strength-to-weight ratio, plays a pivotal role in the development of next-generation
Digital X-Ray Market Growth Driven by Rising Demand for Advanced Diagnostic Imaging Solutions | Overall Study Report
Digital X-Ray Market Growth Driven by Rising Demand for Advanced Diagnostic Imag …
The Digital X-Ray Market is entering a new era of transformation, driven by the demand for sharper images, reduced radiation exposure, and seamless diagnostic workflows. Valued at $15.5 billion in 2024, the market is expected to nearly double, reaching $29.3 billion by 2034, at a healthy CAGR of 6.6%. Digital radiography has emerged as a cornerstone of modern healthcare, replacing conventional film-based systems and enabling faster, more accurate diagnostic decisions.
Golf Tourism Market Valuation to Hit $57.3 Billion by 2034, Rising at 8.3% CAGR
Golf Tourism Market Valuation to Hit $57.3 Billion by 2034, Rising at 8.3% CAGR
Market Overview Golf Tourism Market is evolving into one of the most dynamic segments of global travel and leisure. At its core, it combines sport, luxury, and hospitality, offering golf enthusiasts the chance to play on world-class courses while enjoying premium accommodations, cultural experiences, and high-end services. This market is no longer limited to seasoned golfers-it increasingly attracts younger travelers, families, and corporate groups who view golf as part of a
Predictive Analytics Market Expected to Surpass $92.7 Billion by 2034 with 17.2% CAGR Expansion
Predictive Analytics Market Expected to Surpass $92.7 Billion by 2034 with 17.2% …
Market Overview Predictive Analytics Market is rapidly transforming industries by enabling organizations to forecast outcomes using data-driven insights. Powered by machine learning, artificial intelligence, and statistical modeling, predictive analytics helps businesses anticipate customer behaviors, mitigate risks, and optimize operations. From healthcare and retail to banking and manufacturing, industries are embracing these tools to stay competitive in a fast-changing world. As the reliance on data deepens, predictive analytics has become an essential

All 5 Releases


More Releases for GIS

Geographic Information System (GIS) Software Global Market Report 2024 - Geograp …
"The Business Research Company recently released a comprehensive report on the Global Geographic Information System (GIS) Software Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. According to The Business Research Company's, The
Asset Management GIS World 2024 Coverage
Several public works organizations have made a significant investment into gaining and deploying a geospatial information system (GIS) for tracking their spatial assets, maintaining historical records and sustaining a precise inventory. GIS data delivers invaluable information to these asset management organizations. Whether the user organizations have utilities, roads, parks and recreation, bridges, signals or facilities, a robust integration between asset management and GIS is integral to a long term, successful
Integration of BIM & GIS
Building information modeling (BIM) and geographic information systems (GIS) are two technologies that have particular applications. GIS has mapping characteristics and geographical databases, while BIM is primarily utilized for building assets as an object-based information model. In challenging and extensive projects, the connecting thread between these two technologies is gaining legitimacy. BIM technologies are typically used in projects related to architecture and civil engineering, while GIS systems are typically used
Mobile GIS Market is Anticipated to Gain Moderate CAGR by 2027 | ESRI, GIS Cloud
Mobile GIS market research analysis depicts severe economic consequences caused due to the outbreak COVID-19, which affected the entire society and world economy. Present and previous pricing structure made here helps industry players to bring the right products into the market and gain huge returns. Newly entering market player needs to take the help of this Mobile GIS market research when launching any new product. A few of the vital
GIS Software Market 2025 by Component, Type of GIS Software, Functions, Organiza …
Increasing adoption of GIS for facilities management, integration of GIS with mainstream technologies for business intelligence, and growing demand for GIS software for smart cities development as well as urban planning have fueled the growth of the global GIS Software Market. For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/5259 The global GIS software market was valued at $3.24 billion in 2017 and is expected to hit $7.86 billion in 2025, registering a CAGR of 11.8% from
Global Cloud GIS Sales Market Top player: CartoDB , ESRI , Hexagon, GIS Cloud
The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology developments, types, applications, and the competitive landscape. Browse Complete