Press release
Green Ammonia Market worth $20,173.77 million by 2030, growing at a CAGR of 61.57% - Exclusive Report by 360iResearch
The "Green Ammonia Market by Production Process (Conventional Technologies, Non-conventional Technologies), End-Use (Agriculture, Energy, Transportation) - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.The Global Green Ammonia Market to grow from USD 701.67 million in 2023 to USD 20,173.77 million by 2030, at a CAGR of 61.57%.
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Green ammonia is a clean and green energy source comprised of hydrogen derived from renewable sources through water electrolysis and nitrogen from the air. It has multiple uses, including as a fuel for transportation and an essential component of fertilizers, industrial chemicals, and cold storage solutions. High demand for eco-friendly fertilizers with rising agricultural production and the need for improved energy storage solutions has expanded the making of green ammonia. However, huge initial setup costs and the lack of information regarding green ammonia among chemical manufacturers pose limitations to their wide adoption. R&D activities for exploring new uses, along with their huge potential as a maritime fuel, are creating opportunities for market growth. Over the years, investment in clean energy generation and green hydrogen projects has elevated, which has enlarged the production activities of green ammonia.
The green ammonia market in the Americas is driven by the demand for renewable energy sources, government regulations encouraging the adoption of green technologies, and financial incentives for green ammonia production. In the past few years, regional market players have conducted research regarding green ammonia's use in the transportation and energy sector. In the Asia-Pacific region, China, Japan, South Korea, and India have been investing in the development of green ammonia facilities. The use of green ammonia in industrial processes such as fertilizer production has become increasingly attractive in Europe. In recent years, several countries in Europe have made efforts to increase their production capacity of green ammonia, driven mainly by the need to reduce emissions and develop sustainable energy sources. The combination of an increasingly competent manufacturing base along with a well-established distribution network makes Europe a thriving region for green ammonia market development.
Market Segmentation & Coverage:
This research report categorizes the Green Ammonia Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Production Process, market is studied across Conventional Technologies and Non-conventional Technologies. The Conventional Technologies is further studied across Biomass-based Hydrogen Production and Electrolysis-based Hydrogen Production. The Electrolysis-based Hydrogen Production is further studied across Alkaline Water Electrolysis, Proton Exchange Membrane, and Solid Oxide Electrolysis. The Non-conventional Technologies is further studied across Absorbent-Enhanced Synthesis Loop, Electro-Thermochemical Looping, Electrochemical And Photochemicalsynthesis, Homogeneous Catalysis, Non-Thermal Plasma Technology, and Redox Cycles. The Non-conventional Technologies is projected to witness significant market share during forecast period.
Based on End-Use, market is studied across Agriculture, Energy, and Transportation. The Energy 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 Americas 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 Green Ammonia 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 Green Ammonia 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 Green Ammonia Market, highlighting leading vendors and their innovative profiles. These include ACME CleanTech Ventures (UK) Private Limited, AmmPower, Avaada Energy Pvt. Ltd., BASF SE, CF Industries Holdings, Inc., DEME NV, ENAEX S.A., Eneus Energy Limited, ENGIE, Fortescue Future Industries, FuelPositive Corporation, Haldor Topsoes Allé 1, Hive Energy Ltd., Hy2gen AG, ITM Power PLC, Jupiter Ionics Pty Ltd, Maire Tecnimont SpA, MAN Energy Solutions SE, McPhy Energy S.A., Merck KGaA, Nanjing Kapsom Engineering Limited, Nel ASA, Saudi Arabian Oil Co., Siemens AG, Stamicarbon B.V., Starfire Energy, ThyssenKrupp AG, and Yara International ASA.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Green Ammonia Market, by Production Process
7. Green Ammonia Market, by End-Use
8. Americas Green Ammonia Market
9. Asia-Pacific Green Ammonia Market
10. Europe, Middle East & Africa Green Ammonia Market
11. Competitive Landscape
12. 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 Green Ammonia Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Green Ammonia Market?
3. What is the competitive strategic window for opportunities in the Green Ammonia Market?
4. What are the technology trends and regulatory frameworks in the Green Ammonia Market?
5. What is the market share of the leading vendors in the Green Ammonia Market?
6. What modes and strategic moves are considered suitable for entering the Green Ammonia Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
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