Green Ammonia Market Set to Grow by 20 Percentage, Reaching 7.22 Million Tonnes by 2030

𝐆𝐫𝐞𝐞𝐧 𝐀𝐦𝐦𝐨𝐧𝐢𝐚 𝐌𝐚𝐫𝐤𝐞𝐭 size by Volume was valued at 2.01 Million Tonnes. in 2023 and is expected to grow by 20% from 2024 to 2030, reaching nearly 7.22 Million Tonnes.

𝐆𝐫𝐞𝐞𝐧 𝐀𝐦𝐦𝐨𝐧𝐢𝐚 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

The green ammonia market is gaining traction as industries and governments increasingly seek sustainable solutions to reduce carbon emissions. Green ammonia, produced using renewable energy sources, presents an eco-friendly alternative to traditional ammonia production, which is energy-intensive and relies on fossil fuels. The market is driven by the growing demand for cleaner fertilizers, energy storage, and potential use in hydrogen economies. As nations set stricter emissions regulations and the agricultural sector shifts towards sustainable practices, green ammonia is poised for significant growth. Increasing investments in renewable energy projects and technological advancements in ammonia production are expected to further drive market expansion.

𝐆𝐞𝐭 𝐘𝐨𝐮𝐫 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐭𝐡𝐞 𝐋𝐚𝐭𝐞𝐬𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: https://www.maximizemarketresearch.com/request-sample/115753/

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐆𝐫𝐞𝐞𝐧 𝐀𝐦𝐦𝐨𝐧𝐢𝐚 𝐌𝐚𝐫𝐤𝐞𝐭:

The primary drivers in the green ammonia market include the increasing need for sustainable agricultural practices, as well as growing awareness of climate change. Ammonia is essential for fertilizer production, and its green counterpart offers a cleaner solution that supports the global push for net-zero emissions. Furthermore, the rise of renewable energy sources, such as wind and solar, facilitates the production of green ammonia, making it more cost-effective. Governments worldwide are offering incentives for green technologies, which is encouraging further investment in the green ammonia market. Additionally, the increasing use of ammonia in energy storage systems is expected to further accelerate demand.

𝐆𝐫𝐞𝐞𝐧 𝐀𝐦𝐦𝐨𝐧𝐢𝐚 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

The green ammonia market is witnessing several key trends that shape its future trajectory. Firstly, the integration of green ammonia in the hydrogen economy is gaining momentum, as ammonia can serve as an effective hydrogen carrier. The push for green hydrogen production, driven by decarbonization goals, supports this trend. Furthermore, advancements in electrochemical processes for ammonia synthesis, such as proton-exchange membrane (PEM) electrolysis, are making green ammonia production more efficient and scalable. Additionally, there is a shift towards decentralized ammonia production units, leveraging renewable energy sources to reduce transportation costs and enhance sustainability. These trends indicate that green ammonia is not just a niche product but a growing solution in global decarbonization efforts.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐓𝐨𝐝𝐚𝐲 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: https://www.maximizemarketresearch.com/inquiry-before-buying/115753/

𝐌𝐞𝐫𝐠𝐞𝐫𝐬 𝐚𝐧𝐝 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐆𝐫𝐞𝐞𝐧 𝐀𝐦𝐦𝐨𝐧𝐢𝐚 𝐌𝐚𝐫𝐤𝐞𝐭

𝐕𝐢𝐞𝐭𝐧𝐚𝐦: 𝐆𝐫𝐞𝐞𝐧 𝐀𝐦𝐦𝐨𝐧𝐢𝐚 𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬

Vietnam is rapidly adopting green energy solutions, and the government is focusing on sustainable agriculture and energy projects. The demand for green ammonia is expected to rise as the country advances its green fertilizer production and green hydrogen infrastructure.

𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝: 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐆𝐫𝐞𝐞𝐧 𝐀𝐦𝐦𝐨𝐧𝐢𝐚 𝐀𝐝𝐨𝐩𝐭𝐢𝐨𝐧

Thailand is embracing green ammonia to fuel its shift toward more sustainable industrial practices. As the nation focuses on reducing its carbon footprint, investments in green ammonia production technologies are increasing, fostering further market expansion.

𝐉𝐚𝐩𝐚𝐧: 𝐆𝐫𝐞𝐞𝐧 𝐀𝐦𝐦𝐨𝐧𝐢𝐚 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧

Japan has emerged as a key player in the green ammonia market, with significant investments by Air Products in ammonia distribution systems. Japan's focus on hydrogen fuel cells and ammonia's role as a hydrogen carrier is fueling growth in the region.

𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚: 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐜𝐚𝐥 𝐔𝐩𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐆𝐫𝐞𝐞𝐧 𝐀𝐦𝐦𝐨𝐧𝐢𝐚

South Korea is leading in the development of new ammonia production technologies. The government and private companies are investing in next-gen electrolysis technologies for green ammonia production, setting the stage for growth in both domestic and international markets.

𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞: 𝐆𝐫𝐞𝐞𝐧 𝐀𝐦𝐦𝐨𝐧𝐢𝐚 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬

Singapore is positioning itself as a green ammonia hub in Asia, with increasing collaborations between the public and private sectors. The country's robust infrastructure and commitment to sustainable energy solutions are driving green ammonia adoption.

𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬: 𝐆𝐫𝐞𝐞𝐧 𝐀𝐦𝐦𝐨𝐧𝐢𝐚 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡

In the US, green ammonia is being explored as a critical component in the clean energy transition. With various renewable energy projects and green ammonia facilities in development, the market is set to expand significantly, particularly in the agricultural and marine sectors.

𝐄𝐮𝐫𝐨𝐩𝐞: 𝐆𝐫𝐞𝐞𝐧 𝐀𝐦𝐦𝐨𝐧𝐢𝐚 𝐓𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭

Europe is one of the largest adopters of green ammonia, with significant projects in Germany, the Netherlands, and Spain. The EU's focus on achieving climate neutrality by 2050 is propelling investments in green ammonia production and infrastructure.

𝐂𝐮𝐫𝐢𝐨𝐮𝐬 𝐀𝐛𝐨𝐮𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬? 𝐆𝐫𝐚𝐛 𝐘𝐨𝐮𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐓𝐨𝐝𝐚𝐲: https://www.maximizemarketresearch.com/request-sample/115753/

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐆𝐫𝐞𝐞𝐧 𝐀𝐦𝐦𝐨𝐧𝐢𝐚 𝐌𝐚𝐫𝐤𝐞𝐭:

by Technology

Alkaline Water Electrolysis (AWE)
Proton Exchange Membrane (PEM)
Solid Oxide Electrolysis (SOE)

by End User

Transportation
Power Generation
Industrial Feedstock
Others

by Sales Channel

Direct Sale
Indirect Sale

𝐖𝐡𝐨 𝐢𝐬 𝐭𝐡𝐞 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫𝐬 𝐨𝐟 𝐆𝐫𝐞𝐞𝐧 𝐀𝐦𝐦𝐨𝐧𝐢𝐚 𝐌𝐚𝐫𝐤𝐞𝐭 𝐰𝐨𝐫𝐥𝐝𝐰𝐢𝐝𝐞?

1. Enapter GmbH
2. Green Hydrogen Systems
3. Haldor Topsoe A/S
4. Hiringa Energy Ltd.
5. Hydrogenics (Cummins Inc.)
6. ITM Power Plc
7. Man Energy Solutions SE
8. MCPHY Energy SAS
9. Nel Hydrogen AS
10. Queensland Nitrates Pty Ltd.
11. Siemens AG
12. Thyssenkrupp Industrial Solutions AG
13. Uniper SE
14. Yara International ASA
15. Proton Ventures BV
16. Grieg Edge AS
17. CF Industries Holdings, Inc.

𝐊𝐧𝐨𝐰 𝐌𝐨𝐫𝐞 𝐀𝐛𝐨𝐮𝐭 𝐓𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.maximizemarketresearch.com/market-report/global-green-ammonia-market/115753/

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐌𝐨𝐫𝐞: 𝐕𝐢𝐬𝐢𝐭 𝐎𝐮𝐫 𝐖𝐞𝐛𝐬𝐢𝐭𝐞 𝐟𝐨𝐫 𝐀𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

♦Commercial Vehicles Market https://www.maximizemarketresearch.com/market-report/global-commercial-vehicles-market/112685/

♦Syngas & Derivatives Market https://www.maximizemarketresearch.com/market-report/global-syngas-derivatives-market/53928/

♦Shipbuilding Market https://www.maximizemarketresearch.com/market-report/shipbuilding-market/148775/

♦Global Assessment Services Market https://www.maximizemarketresearch.com/market-report/global-assessment-services-market/54365/

♦Catamarans Market https://www.maximizemarketresearch.com/market-report/catamarans-market/146274/

♦Global Education ERP Market https://www.maximizemarketresearch.com/market-report/global-education-erp-market/89047/

♦Phytochemicals market https://www.maximizemarketresearch.com/market-report/phytochemicals-market/3466/

MAXIMIZE MARKET RESEARCH PVT. LTD.

⮝ 3rd Floor, Navale IT park Phase 2,

Pune Banglore Highway, Narhe

Pune, Maharashtra 411041, India.

✆ +91 9607365656

🖂 sales@maximizemarketresearch.com

🌐 www.maximizemarketresearch.com

Maximize Market Research is a rapidly expanding global market research and business consulting firm, trusted by a majority of Fortune 500 companies. Our commitment to delivering revenue-driven insights and strategic growth solutions sets us apart. With a diverse portfolio, we cater to a wide range of industries, including IT & Telecom, Chemicals, Food & Beverage, Aerospace & Defense, Healthcare, and more. At Maximize Market Research, we empower businesses worldwide to achieve their goals with actionable intelligence and innovative strategies.

This release was published on openPR.