Green Ammonia Market

Green Ammonia Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019–2029, Segmented By Technology (Alkaline Water Electrolysis (AWE), Proton Exchange Membrane (PEM), Solid Oxide Electrolysis (SOE)); By End User (Transportation Power Generation, Industrial Feedstock, Others); By Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

  • Published Date: January 2023
  • Report ID: BWC22615
  • Available Format: PDF
  • Page: 240

Report Overview

Responsibility to reduce greenhouse emissions, increasingly stringent emissions regulations, increased emphasis on zero-carbon energy goals, ignorance of green ammonia, and ignorance of green ammonia production technology could boost the growth of Global Green Ammonia Market at a robust growth rate during the forecast period between 2023 and 2029.

Global Green Ammonia Market - Industry Trends & Forecast Report, 2029

Global green ammonia market size is estimated at USD 54.38 million in 2022. During the forecast period between 2023 and 2029, the size of global green ammonia market is projected to grow at a CAGR of 85.3%, reaching a value of USD 3,962.80 million by 2029. In the upcoming years, demand is anticipated to increase as green ammonia becomes more commonplace because of growing awareness of the importance of creating clean energy and lowering carbon footprints. It is also expected that market growth will be fueled shortly by the rising demand for the product as marine fuel and shipping in the transportation sector because it emits no carbon and leaves no sulfur traces, leading to improved air quality. Nitrogen from the air and hydrogen from water combine to form green ammonia. It is a versatile fuel for heat and power that can be used in gas turbines, internal combustion engines, generator sets, industrial furnaces, and fuel cells. It is especially useful for marine transportation.

Global Green Ammonia Market

Global Green Ammonia Market - Overview

Green ammonia is created when nitrogen is extracted from the air and hydrogen is obtained from water electrolysis. The production process makes use of renewable energy sources like wind, solar, and hydroelectric generators. Agriculture, energy storage, and marine industries can all benefit from the use of green ammonia. Additionally, it is intended to be used in the production of carbon-neutral fertilizer products and in decarbonizing the food value chain. Existing businesses in the ammonia storage sector are figuring out ways to produce ammonia from renewable sources while increasing energy efficiency and lowering capital and operating costs. The market demand for green ammonia is primarily driven by the growth of the hydrogen-based economy and the number of green hydrogen projects. The market is also expanding because of increased demand for green ammonia in the agricultural and power generation industries.

Growth Drivers

Increasing investments in Green Ammonia R&D

Rising environmental concerns and a shift toward renewable energy sources are driving the size of the global green ammonia market. Stringent environmental regulations and government initiatives to reduce reliance on fossil fuels are expected to boost industry growth. Rising fertilizer use to boost agricultural production and grow higher-quality crops is expected to drive market demand. As more countries work to establish a hydrogen-based economy, the number of green hydrogen projects grows, fueling industry growth. Many green ammonia market trends that are enhancing industry development include a growing economy and an increase in demand for renewable energy storage. Increased technological developments and investment in R&D are expected to positively influence market growth over the forecast period. Furthermore, the increasing use of green ammonia in the transportation sector is expected to boost market growth.

Growing Interest in Eco-Friendly Fertilizers Boosts Sales of Green Ammonia

Globally, the quality of soil has significantly declined as a result of widespread use of chemical fertilizers and pesticides. Demand for organic fertilizers is increasing quickly in response to the growing demand for sustainable agricultural practices that reduce risk generation and carbon emissions. Important agrochemical producers are being compelled by this to change their preference for green and sustainable products like green ammonia. Thus, increased demand for green fertilizers to lessen environmental risks and pollution is anticipated to drive up green ammonia sales throughout the forecast period.

Restraints

Lack of Awareness about Green Ammonia

Green ammonia technology development is still in its initial stages. Methods for quickly producing ammonia with water and nitrogen include biochemical cycling, photochemistry synthesizing, and the synthesis method. However, these procedures have significant technological challenges that necessitate work and R&D costs. Many ammonia producers still use conventional methods to produce ammonia today. The biggest problem with green ammonia is that chemical producers do not understand it well enough.

Impact of COVID-19 on Global Green Ammonia Market

All industries suffered because of the COVID-19 pandemic, including green ammonia. Nationwide lockdowns were implemented by governments of various countries to stop the disease's spread. The movement of people and goods was constrained as a result. Due to a lack of labor and raw materials, several businesses were forced to postpone or cancel the construction of green ammonia manufacturing facilities. Market conditions for green ammonia were adversely affected by delays in the construction of manufacturing facilities.

Global Green Ammonia Market

Segmental Coverage

Global Green Ammonia Market - By Technology

Global green ammonia market is divided into Alkaline Water Electrolysis (AWE), Proton Exchange Membrane (PEM), and Solid Oxide Electrolysis (SOE) segments. In 2021, proton exchange membrane technology held the highest market share. It can be attributed to increased awareness of the benefits of this technology, which has a high electric efficiency of more than 90% with high current densities at low voltages. Favorable government subsidies for green and clean energy production, as well as increased R&D on fuel cell plans, can spur product demand. During the forecast period, solid oxide electrolysis technology is expected to grow at the fastest rate. The solid oxide electrolysis technology involves the use of renewable energy to generate green hydrogen, which is then synthesized to produce green ammonia.

An established and reliable method of electrolysis is alkaline water electrolysis. Utilizing renewable energy to produce hydrogen is one of the simplest processes. Although this method is economical, the alkaline water electrolysis market will experience stable growth during the forecast period due to rising R&D activity on other technologies. Alkaline water electrolysis technology is also in high demand as it requires few resources to operate. Technology innovations in the sector are regarded as one of the main drivers of the market expansion.

Global Green Ammonia Market Share

Global Green Ammonia Market - By End User

On basis of the end user, global green ammonia market is segmented into Transportation, Power Generation, Industrial Feedstock, and Others. In 2021, the transportation segment dominated the market. Its high share is due to the global fuel energy crisis, which has increased the demand for green fuel. Renewable sources such as green ammonia and others are replacing conventional sources. These sources generate fuel that is clean, efficient, and environmentally friendly. Concerns such as environmental protection and carbon emissions are gaining traction on a global scale. As a result of these issues, the product is gaining traction in the transportation industry. At room temperature, the product is liquid and requires little storage space. When compared to other fuels, it is feasible.

Global Green Ammonia Market - By Region

Geographically, global green ammonia market covers five major regions:  North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. In 2021, North America had the highest revenue share, dominating the market. The adoption of electric vehicles in the area and increased R&D for hydrogen production are credited with this growth. In addition, market growth is being fueled by government support, increasing investor investments, and the viability of the technology in the region. The Asia-Pacific market is expected to grow at the fastest CAGR during the forecast period. It is a result of governments’ supportive policies and programs that aim to cut carbon emissions and promote renewable energy. For instance, the Indian government has offered subsidies to encourage the purchase of electric cars in the country.

Competitive Landscape

Competition in global green ammonia market is intense. Major companies in the market include Siemens, NEL Hydrogen, ITM Power, McPhy Energy, ThyssenKrupp AG, CF Industries Holdings, Inc, BASF SE, Yara International ASA, Maire Tecnimont S.p.A., ACME Group, Fertiglobe plc, ITM Power, Holder Topsoe, Green Hydrogen Systems, Greenfield Nitrogen LLC, Air Products Inc., Aker Clean Hydrogen, AquaHydrex, Ballance Agri-Nutrients, and HY2GEN AG. The key strategies used by these market leaders are new product launches, mergers & acquisitions, and alliances. To grow their market share, these companies are also focusing on investing in innovations, collaborations, and expansions.

Recent Development

  • In April 2021 - Green Fuel and Haldor Topsoe signed a Memorandum of Understanding (MOU), to identify efficient and scalable technologies to produce green ammonia in Iceland. The agreement also aims to enable the two companies to explore other business opportunities within green ammonia.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2019–2022

Base Year – 2022

Estimated Year – 2023

Forecast Period – 2023–2029

Facts Covered

Revenue in USD Million

Market Coverage

North America, Europe, Asia Pacific, Latin America, Middle East and Africa

Product/ Service Segmentation

Technology, End User, Region

Key Players

Siemens, NEL Hydrogen, ITM Power, McPhy Energy, ThyssenKrupp AG, CF Industries Holdings, Inc, BASF SE, Yara International ASA, Maire Tecnimont S.p.A., ACME Group, Fertiglobe plc, ITM Power, Holder Topsoe, Green Hydrogen Systems, Greenfield Nitrogen LLC, Air Products Inc., Aker Clean Hydrogen, AquaHydrex, Ballance Agri-Nutrients, HY2GEN AG

 

 

By Technology

  • Alkaline Water Electrolysis (AWE)

  • Proton Exchange Membrane (PEM)

  • Solid Oxide Electrolysis (SOE) 

By End User

  • Transportation

  • Power Generation

  • Industrial Feedstock

  • Others

By Region

    • North America

    • Europe

    • Asia Pacific

    • Latin America

    • Middle East and Africa

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. Global Green Ammonia Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Responsibility to reduce greenhouse emissions
        2. Increasing stringent emissions regulations
        3. Rising focus on zero-carbon energy goals
      2. Restraints
        1. Requirements of high initial capital
      3. Opportunities
        1. Technology advancements
        2. Increasing private & public investments
      4. Challenges
        1. Lack of awareness about green ammonia
        2. Limited knowledge about green ammonia’s production technology
    3. Product Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. Global Green Ammonia Market Overview
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Technology
        1. Alkaline Water Electrolysis (AWE)
        2. Proton Exchange Membrane (PEM)
        3. Solid Oxide Electrolysis (SOE)
      2. By End User
        1. Transportation
        2. Power Generation
        3. Industrial Feedstock
        4. Others
      3. By Region
        1. North America
        2. Europe
        3. Asia Pacific
        4. Latin America
        5. Middle East and Africa
  5. North America Green Ammonia Market
      1. Market Size & Forecast, 2019–2029
      2. By Value (USD Billion)
    1. Market Share & Forecast
      1. By Technology
      2. By End User
      3. By Country
        1. US
          1. By Technology
          2. By End User
        2. Canada
          1. By Technology
          2. By End User
  6. Europe Green Ammonia Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Technology
      2. By End User
      3. By Country
        1. Germany
          1. By Technology
          2. By End User
        2. UK
          1. By Technology
          2. By End User
        3. Italy
          1. By Technology
          2. By End User
        4. France
          1. By Technology
          2. By End User
        5. Spain
          1. By Technology
          2. By End User
        6. The Netherlands
          1. By Technology
          2. By End User
          3.  
        7. Belgium
          1. By Technology
          2. By End User
        8. NORDIC Countries
          1. By Technology
          2. By End User
        9. Rest of Europe
          1. By Technology
          2. By End User
  7. Asia-Pacific Green Ammonia Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Technology
      2. By End User
      3. el
      4. By Country
        1. China
          1. By Technology
          2. By End User
        2. India
          1. By Technology
          2. By End User
        3. Japan
          1. By Technology
          2. By End User
        4. South Korea
          1. By Technology
          2. By End User
        5. Australia & New Zealand
          1. By Technology
          2. By End User
        6. Indonesia
          1. By Technology
          2. By End User
        7. Malaysia
          1. By Technology
          2. By End User
        8. Singapore
          1. By Technology
          2. By End User
          3.  
        9. Philippines
          1. By Technology
          2. By End User
        10. Vietnam
          1. By Technology
          2. By End User
        11. Rest of Asia Pacific
          1. By Technology
          2. By End User
  8. Latin America Green Ammonia Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Technology
      2. By End User
      3. By Country
        1. Brazil
          1. By Technology
          2. By End User
        2. Mexico
          1. By Technology
          2. By End User
        3. Argentina
          1. By Technology
          2. By End User
        4. Peru
          1. By Technology
          2. By End User
        5. Colombia
          1. By Technology
          2. By End User
        6. Rest of Latin America
          1. By Technology
          2. By End User
          3.  
  9.  Middle East & Africa Green Ammonia Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Technology
      2. By End User
      3. By Country
        1. Saudi Arabia
          1. By Technology
          2. By End User
        2. UAE
          1. By Technology
          2. By End User
        3. Qatar
          1. By Technology
          2. By End User
        4. Kuwait
          1. By Technology
          2. By End User
        5. Iran
          1. By Technology
          2. By End User
        6. South Africa
          1. By Technology
          2. By End User
        7. Nigeria
          1. By Technology
          2. By Distribution Channel
        8. Kenya
          1. By Technology
          2. By End User
        9. Egypt
          1. By Technology
          2. By End User
        10. Morocco
          1. By Technology
          2. By End User
        11. Algeria
          1. By Technology
          2. By End User
        12. Rest of Middle East & Africa
          1. By Technology
          2. By End User
  10. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Global Green Ammonia Company Market Share Analysis, 2021
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, and others)
  11. Impact of Covid-19 on Global Green Ammonia Market
  12. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
    1. Siemens
    2. NEL Hydrogen
    3. ITM Power
    4. McPhy Energy
    5. ThyssenKrupp AG
    6. CF Industries Holdings, Inc
    7. BASF SE
    8. Yara International ASA
    9. Maire Tecnimont S.p.A.
    10. ACME Group
    11. Fertiglobe plc
    12. ITM Power
    13. Holder Topsoe
    14. Green Hydrogen Systems
    15. Greenfield Nitrogen LLC
    16. Air Products Inc.
    17. Aker Clean Hydrogen
    18. AquaHydrex
    19. Ballance Agri-Nutrients
    20. HY2GEN AG
    21. Other Prominent Players
  13. Key Strategic Recommendations
  14. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5. Assumptions & Limitations

 

*Financial information in case of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

 

 

List of Figures

Figure 1        Global Green Ammonia Market Segmentation

Figure 2        Global Green Ammonia Market Value Chain Analysis

Figure 3        Company Market Share Analysis, 2021

Figure 4        Global Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 5        Global Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 6        Global Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 7        Global Green Ammonia Market Share, By Region, By Value, 2019–2029

Figure 8        North America Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 9        North America Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 10       North America Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 11       North America Green Ammonia Market Share, By Country, By Value, 2019–2029

Figure 12       US Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 13       US Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 14       US Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 15       Canada Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 16       Canada Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 17       Canada Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 18       Europe Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 19       Europe Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 20       Europe Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 21       Europe Green Ammonia Market Share, By Country, By Value, 2019–2029

Figure 22       Germany Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 23       Germany Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 24       Germany Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 25       UK Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 26       UK Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 27       UK Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 28       Italy Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 29       Italy Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 30       Italy Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 31       France Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 32       France Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 33       France Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 34       Spain Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 35       Spain Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 36       Spain Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 37       The Netherlands Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 38       The Netherlands Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 39       The Netherlands Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 40       Belgium Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 41       Belgium Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 42       Belgium Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 43       NORDIC Countries Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 44       NORDIC Countries Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 45       NORDIC Countries Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 46       Rest of Europe Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 47       Rest of Europe Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 48       Rest of Europe Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 49       Asia-Pacific Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 50       Asia-Pacific Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 51       Asia-Pacific Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 52       Asia-Pacific Green Ammonia Market Share, By Country, By Value, 2019–2029

Figure 53       China Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 54       China Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 55       China Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 56       India Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 57       India Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 58       India Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 59       Japan Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 60       Japan Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 61       Japan Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 62       South Korea Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 63       South Korea Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 64       South Korea Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 65       Australia & New Zealand Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 66       Australia & New Zealand Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 67       Australia & New Zealand Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 68       Indonesia Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 69       Indonesia Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 70       Indonesia Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 71       Malaysia Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 72       Malaysia Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 73       Malaysia Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 74       Singapore Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 75       Singapore Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 76       Singapore Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 77       Philippines Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 78       Philippines Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 79       Philippines Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 80       Vietnam Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 81       Vietnam Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 82       Vietnam Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 83       Rest of APAC Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 84       Rest of APAC Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 85       Rest of APAC Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 86       Latin America Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 87       Latin America Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 88       Latin America Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 89       Latin America Green Ammonia Market Share, By Country, By Value, 2019–2029

Figure 90       Brazil Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 91       Brazil Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 92       Brazil Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 93       Mexico Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 94       Mexico Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 95       Mexico Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 96       Argentina Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 97       Argentina Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 98       Argentina Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 99       Peru Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 100     Peru Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 101     Peru Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 102     Colombia Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 103     Colombia Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 104     Colombia Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 105     Rest of LATAM Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 106     Rest of LATAM Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 107     Rest of LATAM Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 108     Middle East & Africa Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 109     Middle East & Africa Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 110     Middle East & Africa Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 111     Middle East & Africa Green Ammonia Market Share, By Country, By Value, 2019–2029

Figure 112     Saudi Arabia Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 113     Saudi Arabia Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 114     Saudi Arabia Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 115     UAE Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 116     UAE Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 117     UAE Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 118     Qatar Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 119     Qatar Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 120     Qatar Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 121     Kuwait Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 122     Kuwait Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 123     Kuwait Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 124     Iran Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 125     Iran Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 126     Iran Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 127     South Africa Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 128     South Africa Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 129     South Africa Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 130     Nigeria Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 131     Nigeria Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 132     Nigeria Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 133     Kenya Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 134     Kenya Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 135     Kenya Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 136     Egypt Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 137     Egypt Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 138     Egypt Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 139     Morocco Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 140     Morocco Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 141     Morocco Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 142     Algeria Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 143     Algeria Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 144     Algeria Green Ammonia Market Share, By End User, By Value, 2019–2029

Figure 145     Rest of Middle East & Africa Green Ammonia Market Size, By Value (USD Million), 2019–2029

Figure 146     Rest of Middle East & Africa Green Ammonia Market Share, By Technology, By Value, 2019–2029

Figure 147     Rest of Middle East & Africa Green Ammonia Market Share, By End User, By Value, 2019–2029

         

List of Tables

         

Table 1         Global Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 2         Global Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 3         Global Green Ammonia Market Size, By Region, By Value, 2019–2029

Table 4         North America Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 5         North America Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 6         North America Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 7         North America Green Ammonia Market Size, By Country, By Value, 2019–2029

Table 8         US Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 9         US Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 10        US Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 11        Canada Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 12        Canada Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 13        Canada Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 14        Europe Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 15        Europe Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 16        Europe Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 17        Europe Green Ammonia Market Size, By Country, By Value, 2019–2029

Table 18        Germany Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 19        Germany Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 20        Germany Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 21        UK Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 22        UK Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 23        UK Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 24        Italy Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 25        Italy Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 26        Italy Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 27        France Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 28        France Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 29        France Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 30        Spain Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 31        Spain Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 32        Spain Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 33        The Netherlands Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 34        The Netherlands Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 35        The Netherlands Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 36        Belgium Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 37        Belgium Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 38        Belgium Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 39        NORDIC Countries Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 40        NORDIC Countries Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 41        NORDIC Countries Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 42        Rest of Europe Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 43        Rest of Europe Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 44        Rest of Europe Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 45        Asia-Pacific Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 46        Asia-Pacific Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 47        Asia-Pacific Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 48        Asia-Pacific Green Ammonia Market Size, By Country, By Value, 2019–2029

Table 49        China Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 50        China Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 51        China Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 52        India Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 53        India Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 54        India Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 55        Japan Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 56        Japan Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 57        Japan Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 58        South Korea Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 59        South Korea Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 60        South Korea Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 61        Australia & New Zealand Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 62        Australia & New Zealand Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 63        Australia & New Zealand Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 64        Indonesia Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 65        Indonesia Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 66        Indonesia Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 67        Malaysia Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 68        Malaysia Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 69        Malaysia Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 70        Singapore Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 71        Singapore Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 72        Singapore Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 73        Philippines Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 74        Philippines Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 75        Philippines Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 76        Vietnam Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 77        Vietnam Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 78        Vietnam Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 79        Rest of APAC Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 80        Rest of APAC Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 81        Rest of APAC Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 82        Latin America Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 83        Latin America Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 84        Latin America Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 85        Latin America Green Ammonia Market Size, By Country, By Value, 2019–2029

Table 86        Brazil Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 87        Brazil Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 88        Brazil Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 89        Mexico Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 90        Mexico Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 91        Mexico Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 92        Argentina Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 93        Argentina Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 94        Argentina Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 95        Peru Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 96        Peru Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 97        Peru Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 98        Colombia Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 99        Colombia Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 100      Colombia Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 101      Rest of LATAM Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 102      Rest of LATAM Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 103      Rest of LATAM Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 104      Middle East & Africa Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 105      Middle East & Africa Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 106      Middle East & Africa Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 107      Middle East & Africa Green Ammonia Market Size, By Country, By Value, 2019–2029

Table 108      Saudi Arabia Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 109      Saudi Arabia Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 110      Saudi Arabia Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 111      UAE Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 112      UAE Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 113      UAE Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 114      Qatar Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 115      Qatar Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 116      Qatar Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 117      Kuwait Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 118      Kuwait Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 119      Kuwait Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 120      Iran Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 121      Iran Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 122      Iran Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 123      South Africa Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 124      South Africa Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 125      South Africa Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 126      Nigeria Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 127      Nigeria Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 128      Nigeria Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 129      Kenya Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 130      Kenya Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 131      Kenya Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 132      Egypt Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 133      Egypt Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 134      Egypt Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 135      Morocco Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 136      Morocco Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 137      Morocco Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 138      Algeria Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 139      Algeria Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 140      Algeria Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 141      Rest of Middle East & Africa Green Ammonia Market Size, By Value (USD Million), 2019–2029

Table 142      Rest of Middle East & Africa Green Ammonia Market Size, By Technology, By Value, 2019–2029

Table 143      Rest of Middle East & Africa Green Ammonia Market Size, By End User, By Value, 2019–2029

Table 144      Siemens Company Overview

Table 145      Siemens Financial Overview

Table 146      NEL Hydrogen Company Overview

Table 147      NEL Hydrogen Financial Overview

Table 148      ITM Power Company Overview

Table 149      ITM Power Financial Overview

Table 150      McPhy Energy Company Overview

Table 151      McPhy Energy Financial Overview

Table 152      ThyssenKrupp AG Company Overview

Table 153      ThyssenKrupp AG Financial Overview

Table 154      CF Industries Holdings, Inc Company Overview

Table 155      CF Industries Holdings, Inc Financial Overview

Table 156      BASF SE Company Overview

Table 157      BASF SE Financial Overview

Table 158      Yara International ASA Company Overview

Table 159      Yara International ASA Financial Overview

Table 160      Maire Tecnimont S.p.A. Company Overview

Table 161      Maire Tecnimont S.p.A. Financial Overview

Table 162      ACME Group Company Overview

Table 163      ACME Group Financial Overview

Table 164      Fertiglobe plc Company Overview

Table 165      Fertiglobe plc Financial Overview

Table 166      ITM Power Company Overview

Table 167      NITM Power Financial Overview

Table 168      ITM Power Company Overview

Table 169      ITM Power Financial Overview

Table 170      Holder Topsoe Company Overview

Table 171      Holder Topsoe Financial Overview

Table 172      Green Hydrogen Systems Company Overview

Table 173      Green Hydrogen Systems Financial Overview

Table 174      Greenfield Nitrogen LLC Company Overview

Table 175      Greenfield Nitrogen LLC Financial Overview

Table 176      Air Products Inc. Company Overview

Table 177      Air Products Inc. Financial Overview

Table 178      Aker Clean Hydrogen Company Overview

Table 179      Aker Clean Hydrogen Financial Overview

Table 180      AquaHydrex Company Overview

Table 181      AquaHydrex Financial Overview

Table 182      Ballance Agri-Nutrients Company Overview

Table 183      Ballance Agri-Nutrients Financial Overview

Table 184      HY2GEN AG Company Overview

Table 185      HY2GEN AG Financial Overview

Market Segmentation

By Technology

  • Alkaline Water Electrolysis (AWE)

  • Proton Exchange Membrane (PEM)

  • Solid Oxide Electrolysis (SOE) 

By End User

  • Transportation

  • Power Generation

  • Industrial Feedstock

  • Others

By Region

    • North America

    • Europe

    • Asia Pacific

    • Latin America

    • Middle East and Africa

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Frequently Asked Questions (FAQs):

Ans: The Global Green Ammonia Market size is estimated at USD 54.38 million in 2022.
Ans: Major factors driving the growth of Global Green Ammonia Market include a spurring demand from power generation and marine transportation industries for green ammonia produced from sustainable sources.
Ans: Key players in Global Green Ammonia Market include Siemens, NEL Hydrogen, ITM Power, McPhy Energy, ThyssenKrupp AG, CF Industries Holdings, Inc, BASF SE, Yara International ASA, Maire Tecnimont S.p.A., ACME Group, Fertiglobe plc, ITM Power, Holder Topsoe, Green Hydrogen Systems, Greenfield Nitrogen LLC, Air Products Inc., Aker Clean Hydrogen, AquaHydrex, Ballance Agri-Nutrients, and HY2GEN AG.
Ans: The proton exchange membrane (PEM) segment accounts for the highest market share in the Global Green Ammonia Market by technology.
Ans: The transportation segment holds the highest market share in the Global Green Ammonia Market by end user.