Green Ammonia Market size growing at CAGR of 82.47% by 2030 | Rising Fertilizer Needs, Maritime Fuel Demand, Says Mordor Intelligence

The latest research by Mordor Intelligence covers the "Green Ammonia Market," delivering insights into market dynamics, drivers of growth, and long-term forecasts.
Green Ammonia Market Overview:

The global green ammonia market is expanding steadily as countries accelerate the shift toward low-carbon fertilizer, marine fuel, power generation, and hydrogen transport solutions. The green ammonia market [https://www.mordorintelligence.com/industry-reports/green-ammonia-market?utm_source=abnewswire] size is expected to grow from 0.27 million tons in 2025 to 5.41 million tons by 2030, driven by declining renewable electricity costs and policy support across Europe, Asia-Pacific, and North America. Falling renewable energy prices, coupled with hydrogen targets and shipping emission mandates, are strengthening adoption, while high electrolyzer and retrofit costs remain key constraints.

Emerging Trends in the Green Ammonia Industry

Increasing Use of Green Ammonia as Marine Fuel

Decarbonization requirements in the shipping industry are creating new opportunities for the green ammonia market. The International Maritime Organization's emission-reduction roadmap and Europe's extension of carbon pricing to shipping lines have encouraged early adoption of ammonia-ready vessels.

Growing Acceptance of Green Ammonia as a Hydrogen Carrier

Hydrogen-importing economies are increasingly viewing green ammonia as a practical transport medium, thanks to its easier storage and shipping requirements. Plans in Germany, Japan, and South Korea to secure long-term hydrogen supply agreements have elevated green ammonia's role as a hydrogen carrier.

Corporate Procurement of Low-Carbon Fertilizers

Agri-food companies and retailers are adopting stricter sustainability targets, leading to increased interest in fertilizers produced from green ammonia. In the EU, certification rules for renewable fuels encourage procurement of fertilizers with reduced lifecycle emissions. Similar interest from North American farming cooperatives and multinational consumer-goods companies helps create predictable demand for producers.

High Project Costs and Safety Barriers Remain Concerns

Despite rapid progress, challenges persist. Electrolyzers remain one of the most expensive components in green ammonia facilities, and continuous operation requires firm renewable electricity, which increases capital needs. In maritime applications, safety standards and equipment requirements for handling ammonia add to project complexity.

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Green Ammonia Segmentation

By Application

* Agriculture (Largest Segment)

* Continues to hold the majority share, supported by fertilizer demand from developing regions and efforts to reduce dependency on conventional ammonia.

* Marine Fuel

Gains traction through zero-carbon shipping trials, new bunkering infrastructure, and ammonia-ready vessel orders.

* Power Generation

Japan remains a significant contributor with co-firing trials in thermal plants and long-term ammonia fuel plans.

* Hydrogen Carrier

Increasingly adopted by countries with strong hydrogen-import requirements and large industrial consumption.

* Other Industrial Uses

Includes applications in chemicals and steel, which seek lower-emission feedstock options.

By Geography

* Europe

Holds a leading share supported by carbon pricing, hydrogen import policies, and integrated offshore wind-to-ammonia projects.

* Asia-Pacific

Japan, China, South Korea, and India form a strong production and consumption hub with multiple large-scale renewable ammonia developments.

* North America

Benefits from tax credits and new production facilities in the United States.

* Middle East & Africa

Emerging as cost-competitive exporters due to strong renewable resource potential and proximity to European demand.

* South America

Brazil and nearby markets are developing renewable ammonia projects supported by wind power and export ambitions.

Top Key Players in the Green Ammonia Industry

* Air Products and Chemicals Inc.

* CF Industries Holdings Inc.

* Fertiglobe

* Nel

* Yara International ASA

Conclusion:

The green ammonia market is entering a high-growth phase supported by strong fertilizer demand, expanding hydrogen trade, and growing acceptance of ammonia as a marine and power fuel.

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