Press release
Ammonia Decomposition Hydrogen Production Technology Market Forecast Driven by Clean Hydrogen Demand and Energy Transition Momentum | Valuates Reports
Ammonia Decomposition Hydrogen Production Technology Market SizeThe global market for Ammonia Decomposition Hydrogen Production Technology was valued at US$ 429 million in the year 2024 and is projected to reach a revised size of US$ 4737 million by 2031, growing at a CAGR of 22.6% during the forecast period.
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The ammonia decomposition hydrogen production technology market is experiencing robust market growth, propelled by increasing global efforts to develop low-carbon hydrogen supply chains. As industries and energy systems seek scalable, carbon-neutral alternatives, the market size continues to expand, supported by technological advancements in ammonia cracking and catalyst systems.
By segment type, products-comprising modular reactors, catalyst beds, and dehydrogenation units-hold a significant market share, favored for their plug-and-play capabilities and compatibility with established industrial setups. Meanwhile, solutions, encompassing integrated service packages, system design, and lifecycle support, represent the fastest-growing segment, reflecting market trends toward turnkey deployments and operational reliability.
In terms of application, the industrial sector leads the market size, using ammonia decomposition systems for on-site hydrogen production in refining, chemical processing, and steel manufacturing. The power generation segment follows closely, with growing interest in hydrogen-fired turbines and combined-cycle systems as a clean energy source for grid stability. The transportation application, though currently a smaller share, is witnessing accelerated growth, driven by hydrogen mobility initiatives and decarbonization of heavy-duty transport fleets.
Overall, the ammonia decomposition hydrogen production technology market forecast indicates sustained market growth, supported by ongoing innovation in reactor design, catalyst performance, and integrated solutions that enable safe, efficient hydrogen generation across diverse energy and industrial applications.
Segment by Type
• Products
• Solutions
Segment by Application
• Industrial
• Transportation
• Power Generation
By Company
Kapsom, Aramco, Topsoe, Thyssenkrupp, Envision Energy, AFC Energy(Hyamtec), H2SITE, KBR, Jera, Air Liquide, Siemens Energy, AmmPower
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