Press release
Green Ammonia Market to Reach USD 17.23 Billion by 2032, Growing at a 66% CAGR | H2U, Yara International
Green Ammonia Market Size Was Valued at USD 0.18 Billion in 2023, and is Projected to Reach USD 17.23 Billion by 2032, Growing at a CAGR of 66% From 2024-2032.
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Top Leading Key Players:
OCI Nitrogen (Netherlands), H2U (Australia), EnviTec Biogas AG (Germany), Linde (UK), thyssenkrupp (Germany), Acron Group (Russia), BayoTech (USA), Amonix (USA), RWE AG (Germany), Fertiglobe (UAE), Green Ammonia Technologies (USA), Topsoe (Denmark), Yara International (Norway), Siemens Energy (Germany), CF Industries (USA), Haldor Topsøe (Denmark), Nutrien (Canada), Air Products and Chemicals (USA), Mitsubishi Heavy Industries (Japan), BASF (Germany), IHI Corporation (Japan), MAN Energy Solutions (Germany), ENGIE (France), Nel Hydrogen (Norway), ITM Power (UK)
Green Ammonia is ammonia (NH₃) produced using renewable energy instead of fossil fuels. It is considered a sustainable alternative to conventional ammonia, which is primarily produced using natural gas through the Haber-Bosch process. Green Ammonia driven by increasing demand for sustainable fertilizers, clean energy alternatives, and hydrogen storage solutions. Governments and industries worldwide are investing in green ammonia production to support net-zero emissions goals and reduce reliance on fossil fuels.
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Segmentation Analysis of the Green Ammonia Market
By Capacity
• High
• Medium
• Low
By Technology
• Alkaline Water Electrolysis
• Proton Exchange Membrane
• Solid Oxide Electrolysis
By End-Use
• Transportation
• Power Generation
• Industrial Feedstock
By Regions: -
• North America (US, Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)
Key Industry Developments: -
In July 2024, State-run SJVN Green Energy (SGEL) is constructing one of the world's largest green ammonia production facilities This facility is expected to supply 4.5 gigawatts of renewable energy to AM Green Ammonia Holdings. AM Green's target of producing 5 million tonnes per annum (mtpa) of green ammonia represents a fifth of India's target for green hydrogen production under the country's National Green Hydrogen Mission and 10% of Europe's target for green hydrogen imports by 2030.
In July 2024, Egypt has signed $33 billion deals with companies like BP, Masdar, and Germany's DAI for green ammonia projects. One project, worth $11 billion, will involve a green ammonia plant in East Port Said, while another, worth $14 billion, will involve a plant in Ain Sukhna Port, Green ammonia and hydrogen are seen as essential for the energy transition.
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➠Leverage Data for Strategic Decision-Making
➠Craft Expansion Strategies for Diverse Markets
➠Conduct Comprehensive Competitor Analysis
➠Gain Insight into Competitors' Financial Metrics
➠Benchmark Against Key Competitors
➠Formulate Region-Specific Growth Strategies
Points Covered In Table Of Content:-
Chapter 01 - Green Ammonia Executive Summary
Chapter 02 - Market Overview
Chapter 03 - Key Success Factors
Chapter 04 - Green Ammonia Market - Pricing Analysis
Chapter 05 - Green Ammonia Market Background or History
Chapter 06 - Green Ammonia Market Segmentation (e.g. Type, Application)
Chapter 07 - Key and Emerging Countries Analysis Worldwide Green Ammonia Market
Chapter 08 - Green Ammonia Market Structure & worth Analysis
Chapter 09 - Green Ammonia Market Competitive Analysis & Challenges
Chapter 10 - Assumptions and Acronyms
Chapter 11 - Green Ammonia Market Research Method
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At Introspective Market Research Private Limited, we are a forward-thinking research consulting firm committed to driving our clients' growth and market dominance. Leveraging cutting-edge technology, big data, and advanced analytics, we provide deep insights and strategic solutions that enable our clients to stay ahead in a competitive landscape. Our expertise spans across comprehensive Market Research Reports, Holistic Market Insights, Macro-Economic Analysis, and tailored Go-to-Market (GTM) Strategies. Through our Consulting Services and AI-Driven Solutions, we empower businesses to navigate challenges and achieve their objectives. Additionally, we offer Product Design and Prototyping support and Flexible Staffing Solutions to meet evolving industry demands. Our IMR Knowledge Cluster ensures continuous learning and innovation, guiding our clients toward sustainable success.
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