Press release
Green Ammonia Market 2022-2031 | How the Industry Will Witness Significant Growth in the Approaching years
Green Ammonia Market
ππ¨π°π§π₯π¨ππ πππ¦π©π₯π πππ ππ¬ π¨π πππ¬πππ«ππ‘ ππ―ππ«π―π’ππ°: https://www.alliedmarketresearch.com/request-sample/17820
Report Overview:
- Forecast Period: 2022-2031
- Base Year: 2021
- Market Size in 2021: $0.02 Billion
- Estimated Market Size in 2031: $6.5 Billion
- CAGR: 80.1%
- Pages: 343
- Segments Covered: Technology, Application, and Region
Market Drivers, Opportunities, and Restraints:
- Drivers: Growing public awareness and stringent government regulations around carbon emissions and environmental protection.
- Opportunities: Increasing demand for green ammonia as a maritime fuel.
- Restraints: High initial investment costs for green ammonia plant infrastructure.
Market Segmentation:
By Technology:
- Alkaline Water Electrolysis: Dominated the market with over three-fifths of the share in 2021 and is expected to continue leading through 2031.
- Solid Oxide Electrolysis: Anticipated to grow at the fastest rate, with a projected CAGR of 81.3%.
The report also examines the Proton Exchange Membrane segment.
By Application:
- Power Generation: Held nearly two-fifths of the market share in 2021 and is expected to maintain significant growth.
Others: Forecasted to experience the highest CAGR of 81.2% by 2031. The report also covers the Transportation and Industrial Feedstock segments.
By Region:
Asia-Pacific: Expected to record the fastest CAGR of 81.1% during the forecast period.
- Europe: Led the market in 2021, accounting for nearly two-fifths of the global share, and is anticipated to maintain its dominance through 2031.
- Additional regions analyzed include North America and
LAMEA.
Key Market Players:
Leading players analyzed in the report include Siemens AG, NEL ASA, ThyssenKrupp, ITM Power, CF Industries Holdings, Inc., Ballard Power Systems, AMMPower Corp, FuelPositive Corporation, Haldor Topsoe, Uniper, and more. These companies have employed strategies such as expansions, product launches, and partnerships to enhance their market share.
The report offers a detailed analysis of each company's performance, product portfolio, and market strategies, assisting stakeholders in identifying growth opportunities.
πππππ’π§ πππ©π¨π«π πππππ’π₯π¬: https://www.alliedmarketresearch.com/green-ammonia-market-A17400
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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