Press release
Green Ammonia Market to Reach USD 5.9 Billion by 2031, Growing at 52.95% CAGR
Green Ammonia Market
The global green ammonia market, valued at USD 0.2 billion in 2023, is projected to reach USD 5.9 billion by 2031, registering an exceptional CAGR of 52.95% during 2025-2032, according to DataM Intelligence. Green ammonia-a carbon-free alternative to conventional ammonia-is produced using renewable hydrogen from electrolysis and nitrogen extracted from the air, making it central to the energy transition. Rising renewable energy generation, demand for sustainable fuels, and global decarbonization initiatives are propelling this market.
Unlike conventional ammonia production, which accounts for nearly 1.8% of global CO2 emissions, green ammonia offers a fully renewable and zero-emission pathway powered by solar and wind energy. The Asia-Pacific region is expected to be the fastest-growing market due to expanding renewable capacity and hydrogen projects, while North America dominates overall due to mature infrastructure and accelerating investments in clean fuel technology.
Get a Free Sample PDF Brochure of the Report (Use Corporate Email ID for a Quick Response): https://www.datamintelligence.com/download-sample/green-ammonia-market?utm_source=OpenPR&utm_campaign=Onkar
Key Highlights from the Report
➤ Global green ammonia market forecasted to reach USD 5.9 billion by 2031, growing at 52.95% CAGR
➤ Renewable energy expansion and hydrogen adoption drive large-scale green ammonia projects
➤ Power generation segment leads end-user demand due to ammonia's energy storage properties
➤ Green ammonia emerging as a sustainable maritime fuel aligned with IMO 2020 emission standards
➤ Europe holds a major market share driven by advanced green hydrogen projects
➤ High capital costs and limited electrolyzer availability challenge short-term scalability
Market Segmentation
The green ammonia market is segmented by technology, end-user, and region.
By technology, Alkaline Water Electrolysis (AWE) holds the largest share due to its well-established commercial feasibility and ability to produce hydrogen efficiently for ammonia synthesis. Proton Exchange Membrane (PEM) and Solid Oxide Electrolysis (SOE) technologies are gaining momentum for offering higher energy efficiency and integration flexibility with intermittent renewable sources.
By end-user, power generation leads the segment owing to its growing use in storing renewable power and producing low-emission electricity. Ammonia serves as a hydrogen carrier, offering high energy density and convenient storage, making it ideal for power plants and grid balancing applications. The industrial feedstock segment is also expanding as the chemical industry transitions from grey ammonia to green processes for fertilizer and chemical production.
Get Customization in the Report as Per Your Business Requirements: https://www.datamintelligence.com/customize/green-ammonia-market?utm_source=OpenPR&utm_campaign=Onkar
Regional Insights
Europe: Leader in Green Hydrogen and Ammonia Integration
Europe holds a substantial share of the global green ammonia market due to its extensive green hydrogen initiatives and strong carbon neutrality policies. Nations such as Germany, the UK, and Denmark are at the forefront, implementing large-scale projects for ammonia in power generation and maritime fuel. For example, in March 2021, Haldor Topsoe announced a green ammonia production project for naval applications in Germany.
The European Union's Green Deal and accelerated deployment of fuel cells and hydrogen infrastructure are further enhancing the regional outlook, as governments incentivize carbon-free energy investments to meet net-zero goals.
Asia-Pacific: Fastest-Growing Regional Market
The Asia-Pacific region is projected to witness the fastest growth, driven by strong renewable installations and favorable policies in countries like India, Japan, and Australia. With rising demand for clean fuels and storage solutions, Asia's expanding industrial base and energy transformation initiatives will continue to accelerate investments in green ammonia projects.
North America: Early Technology Adoption
North America dominates the global landscape, supported by early adoption of ammonia-based hydrogen technologies, established renewable infrastructure, and growing interest from energy companies. U.S. investments in hydrogen corridors and ammonia fuel production are creating a foundation for further innovation and large-scale deployment.
Purchase This Exclusive Report at Just USD 4402 Only: https://www.datamintelligence.com/buy-now-page?report=green-ammonia-market?utm_source=OpenPR&utm_campaign=Onkar
Market Dynamics
Market Drivers
The rapid adoption of renewable energy storage technologies-particularly hydrogen-based systems-is driving green ammonia demand. Increasing renewable capacity, declining solar and wind costs, and supportive public policies are propelling the use of ammonia as a long-term energy storage and transport medium.
Market Restraints
High capital investment requirements remain a substantial challenge. The setup cost for green ammonia plants is about 1.5 times higher than traditional gas-based facilities, primarily due to expensive electrolyzers and renewable energy sourcing costs.
Market Opportunities
Green ammonia presents significant growth opportunities in maritime fuel applications as shipping companies adopt low-emission energy alternatives under the IMO 2020 regulations. Its scalability as a hydrogen carrier and use in power generation create long-term pathways for renewable energy integration and decarbonization of heavy industries.
Reasons to Buy the Report
✔ Comprehensive coverage of renewable energy and green hydrogen integration trends
✔ Insights into regional investment strategies driving market development
✔ Analysis of technological advancements in AWE, PEM, and SOE systems
✔ Evaluation of competitive landscape and future project pipeline
✔ Data-driven projections for end-user applications in power, transport, and industry
Frequently Asked Questions (FAQs)
◆ How much is the global green ammonia market worth in 2023 and forecasted for 2031?
◆ What is driving demand for green ammonia in the renewable energy and maritime sectors?
◆ Which region leads global green ammonia production and investment?
◆ What technologies are most commonly used in green ammonia production?
◆ What are the major challenges limiting the market's growth rate through 2032?
Company Insights
Cepsa (Spain)
thyssenkrupp nucera (Germany)
DAI Infrastruktur (Germany)
Siemens Energy (Egypt)
Haldor Topsoe (Denmark)
Recent Developments:
May 2024 - Cepsa selected thyssenkrupp nucera to supply a 300-megawatt electrolyzer for Spain's new green hydrogen plant, marking a major step toward scaling sustainable fuel production in Europe.
October 2023 - DAI Infrastruktur partnered with Siemens Energy to launch the Ra Project in Egypt, aiming to produce 2 million tons per year (mtpa) of green ammonia by 2028.
Conclusion
The global green ammonia market is on a transformative growth path, driven by renewable energy expansion, decarbonization mandates, and hydrogen economy development. With strong commitments from governments and energy majors, green ammonia is establishing itself as a core pillar of the future energy ecosystem, particularly across power generation, maritime fuel, and industrial applications. While high capital costs remain a near-term challenge, advancing electrolyzer technology, growing policy support, and large-scale project rollouts-especially in Europe and Asia-Pacific-are expected to propel the market toward exponential growth over the next decade.
Contact Us
Mr. Sai Kiran
DataM Intelligence 4market Research LLP Ground floor
DSL Abacus IT Park, Industrial Development Area
Uppal, Hyderabad, Telangana 500039
USA: +1 877-441-4866
Email: Sai.k@datamintelligence.com
Visit Our Website: https://www.datamintelligence.com
About Us
DataM Intelligence 4Market Research is a comprehensive market intelligence platform offering syndicated and customized reports along with expert consulting across multiple industries, including chemicals, healthcare, agriculture, food & beverages, and more. With extensive experience and a strategy-focused approach, DataM provides businesses and individuals with reliable market insights, statistical forecasts, and personalized research solutions to help them make informed decisions and successfully bring innovations to market.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Green Ammonia Market to Reach USD 5.9 Billion by 2031, Growing at 52.95% CAGR here
News-ID: 4212907 • Views: …
More Releases from DataM Intelligence 4Market Research LLP
Recycled PET Market to Reach USD 17.4 Billion by 2031, Growing at 6.5% CAGR
Sustainability Regulations and Circular Economy Initiatives Drive Global Market Expansion
The global recycled PET (rPET) market, valued at USD 10.5 billion in 2023, is projected to reach USD 17.4 billion by 2031, expanding at a robust CAGR of 6.5% between 2024-2031, according to DataM Intelligence. The market growth is driven by the rising global demand for sustainable packaging solutions, regulatory mandates promoting recycling, and increasing consumer awareness around environmental conservation.
As industries…
Global Aroma Chemicals Market Forecast 2025-2031: Novel Molecules, Biotech-Deriv …
The Aroma Chemicals Market is anticipated to reach at a CAGR of 4.1% during the forecast period.
The Aroma Chemicals Market deals with natural and synthetic compounds that impart fragrance to consumer products such as perfumes, cosmetics, and food. Market growth is driven by rising demand for premium personal care and home fragrance products. Manufacturers are shifting toward sustainable, bio-based aroma compounds to meet green consumer preferences. Technological advances in biotechnology…
Dairy Protein Market to Reach USD 25.1 Billion by 2031, Growing at 9.55% CAGR
Rising Health Awareness and Demand for Protein-Rich Diets Fuel Global Dairy Protein Expansion
The global dairy protein market, valued at USD 12.1 billion in 2023, is projected to reach USD 25.1 billion by 2031, expanding at a CAGR of 9.55% during 2024-2031, according to DataM Intelligence. The surge in consumer demand for protein-rich, functional, and natural foods is driving growth globally, as dairy proteins such as whey, casein, and milk protein…
Global Insulin Delivery Devices Market to Grow at 7.1% CAGR by 2031, Driven by S …
Insulin Delivery devices Market is growing at a CAGR of 7.1% in the forecast period 2024-2031.
The Insulin Delivery Devices Market includes pens, pumps, syringes, and jet injectors used for administering insulin to diabetic patients. Market growth is driven by the global increase in diabetes prevalence and the demand for convenient, pain-free delivery systems. Technological innovations in smart insulin pens and closed-loop pumps enhance precision and user experience. Manufacturers focus on…
More Releases for Green
Green-Card.md Simplifies Green Card Application Process
Image: https://www.getnews.info/wp-content/uploads/2024/07/1722343980.png
Green-Card.md is a premier immigration consultancy firm. Specializing in green card applications, the company offers a wide range of services designed to assist individuals in obtaining permanent residency in the United States. With a commitment to personalized service and expert guidance, Green-Card.md is dedicated to helping clients achieve their immigration goals.
Green-Card.md, a leading immigration consultancy firm, is excited to announce its dedicated services aimed at assisting individuals in obtaining…
Green Logistics Market Is Flourishing worldwide with DHL, Green India Transport, …
Green logistics describes all attempts to measure and minimize the ecological impact of logistics activities. This includes all activities of the forward and reverse flows of products, information and services between the point of origin and the point of consumption. It is the aim to create a sustainable company value using a balance of economic and environmental efficiency. Green logistics has its origin in the mid-1980s and was a concept…
Green Logistics Market Is Thriving with DHL, Green India Transport, The Green Gr …
Green logistics describes all attempts to measure and minimize the ecological impact of logistics activities. This includes all activities of the forward and reverse flows of products, information and services between the point of origin and the point of consumption. It is the aim to create a sustainable company value using a balance of economic and environmental efficiency. Green logistics has its origin in the mid-1980s and was a concept…
A green hotel on a green island
Mitsubishi Electric Hydronics & IT Cooling Systems, through its brand Climaveneta, has recently supplied HVAC units to the new luxury hotel now under construction at Benitses Beach in Corfu, also known as the “Green Island” for its thick vegetation. The complex includes a 5-star hotel, 40 bungalows and furnished villas, with a total capacity of 893 beds. It is the first large hotel in Greece, designed to avoid the use…
Green Information Technology Services Market | #green IT #Green Technology @Adva …
Global Green Information Technology (IT) Services Market: Overview
Green information technology (IT) covers services related to environmentally sustainable computing and IT optimization. The technology aims at minimizing the negative impacts of IT operations by manufacturing, designing, and disposing of servers, computers, and other associated subsystems such as networking systems, communication systems, printers and monitors, and storage devices in an environmentally-friendly manner.
The motive behind deploying green IT practices is to reduce the…
Numerous Green Methods Shown at Home Green Life
Home Green Life is one home gardening blog that elucidates on the latest news related to the field and also provides a whole lot of tips about gardening, interior décor, home living, green building, furniture, ecological architecture and sustainable construction. In fact, Home Green Life is a fully equipped web guide that comes in with all the news that is relevant for having green homes, innovative buildings, ecological living,…
