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Segment Analysis and Major Growth Areas in the Blue Ammonia Market

02-11-2026 09:18 AM CET | Chemicals & Materials

Press release from: The Business Research Company

Blue Ammonia Market

Blue Ammonia Market

The blue ammonia market is poised for significant expansion over the coming years, driven by a growing emphasis on clean energy and decarbonization efforts. As industries seek sustainable alternatives and invest in advanced technologies, blue ammonia is emerging as a key player in the transition toward a low-carbon future. Here's a detailed look at its market size, influential companies, evolving trends, and important segments shaping its trajectory.

Blue Ammonia Market Size and Growth Outlook Through 2030
The blue ammonia market is forecasted to reach $18.96 billion by 2030, growing at a compound annual growth rate (CAGR) of 5.2%. This robust expansion is fueled by the rising hydrogen economy, stringent decarbonization regulations, and the scaling up of clean power generation projects. Additional factors include increasing investments in carbon capture and storage (CCS) infrastructure and the expanding use of ammonia as a fuel for transportation. Key market trends during this period highlight a growing preference for low carbon ammonia, enhanced utilization as a hydrogen carrier, rising funding towards carbon capture technologies, and broader adoption of clean fuel solutions alongside energy transition infrastructure development.

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Prominent Companies Leading the Blue Ammonia Industry
The blue ammonia sector features several major players, including Saudi Arabian Oil Group, ExxonMobil Corporation, Shell PLC, Uniper SE, Koch Industries Inc., ITOCHU Corporation, BASF SE, Siemens Energy AG, Saudi Basic Industries Corporation, Thyssenkrupp AG, Nutrien Ltd., Linde PLC, Mitsubishi Heavy Industries Ltd., Air Liquide S.A., Yara International ASA, Ma'aden, CF Industries Holdings Inc., TechnipFMC PLC, EuroChem Group AG, Sumitomo Mitsui Construction Co. Ltd., Haldor Topsoe A/S, Engie S.A., Qatar Fertiliser Company (P.S.C.), ADNOC Group, and Casale S.A.

Strategic Acquisition Strengthening Blue Ammonia Production
In December 2023, CF Industries Holdings Inc., a US-based nitrogen fertilizer producer, completed the acquisition of Incitec Pivot Ltd.'s ammonia production unit for $1.675 billion. This move aims to enhance CF Industries' ammonia production capacity by integrating IPL's Waggaman facility. Additionally, the acquisition includes a supply agreement with Dyno Nobel, ensuring a stable distribution network for ammonia products. Incitec Pivot Ltd., headquartered in Australia, is a well-established chemical manufacturing company.

View the full blue ammonia market report:
https://www.thebusinessresearchcompany.com/report/blue-ammonia-global-market-report?utm_source=OpenPR&utm_medium=Paid&utm_campaign=Feb_PR

Innovations and Investments Boosting Low-Carbon Ammonia Production
Leading blue ammonia companies are increasingly focusing on innovative projects and final investment decisions (FID) to expand their low-carbon ammonia production capabilities. The FID process marks the formal approval to proceed with significant investments after comprehensive feasibility and risk assessments. For example, in April 2025, JERA Co., Inc., a Japanese energy firm, partnered with CF Industries Holdings and Mitsui & Co., Ltd. to announce the FID for the Blue Point low-carbon ammonia production project. This facility aims to produce around 1.4 million metric tons of ammonia annually by combining natural gas feedstock with carbon capture and storage (CCS) technologies to minimize CO? emissions. The total project cost is estimated at $4 billion, with JERA owning 35% equity and committing to purchase a portion of the output. Production is expected to begin by 2029, positioning Blue Point as a central element of JERA's clean energy and decarbonization strategy.

Detailed Breakdown of Blue Ammonia Market Segments
This report segments the blue ammonia market by technology, distribution channels, and applications to provide comprehensive insights.
1) Technology categories include Steam Methane Reforming (SMR), Autothermal Reforming (ATR), and Gas Partial Oxidation (GPO).
2) Distribution channels cover wholesalers and direct sales.
3) Applications span power generation, industrial feedstock, agriculture, pharmaceuticals, transportation, chemical and petrochemical industries, and other uses.

Further subcategories elaborate on technology types:
- Steam Methane Reforming with Carbon Capture and Storage (CCS) and with Carbon Capture, Utilization, and Storage (CCUS)
- Autothermal Reforming integrated with CCS or advanced high-capture CCS systems (?90% CO? capture)
- Gas Partial Oxidation paired with CCS or enhanced CO? capture technologies.

These segments highlight the diversity and sophistication of technologies and applications shaping the blue ammonia market's future growth.

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