Global Green Ammonia Market: Industry Analysis and Forecast 2021-2027: By Technology, End User and Region.

Global Green Ammonia Market is anticipated to reach US$ 13.46 Bn by 2027 from US$ 1.35 Bn in 2019 at a CAGR of 46.7% during a forecast period.

Global Green Ammonia Market Overview

Ammonia is a pungent gas that is widely utilized in the manufacturing of agricultural fertilizers. The method of generating carbon-free and renewable ammonia is known as green ammonia production. Green ammonia is produced using renewable resources such as air, water, and wind. Ammonia is currently one of the primary fuels under consideration by the marine industry to help it reach CO2 reduction. Ammonia is also being looked into as a way to store renewable energy for later use and as a hydrogen transportation carrier. Global Green Ammonia Market To know about the Research Methodology :- Request Free Sample Report The report has covered the market trends from 2015 to forecast the market through 2027. Where 2019 is considered a base year to forecast the market from 2021 to 2027. However, 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe.

Global Green Ammonia Market Dynamics

The growth of the global market is driven by factors like the increasing need for industrial dependence on ammonia, increased environmental concerns regarding greenhouse gas emissions, and preferences for renewable sources rather than fossil fuels. Ammonia has the potential to be a fuel as well as a chemical energy carrier. Ammonia does not emit any carbon dioxide when used as a fuel, which is its main advantage. Furthermore, if renewable energy is employed to power the ammonia production process, its green credentials can be strengthened. These factors, together with the increasing usage of ammonia in agriculture due to its environmental effect, are driving the global green ammonia market forward during the forecast period. The extensive use of green ammonia as a substitute for GHG-emitting products, as well as constant government measures to encourage green ammonia production, are key factors driving the market's global growth. Fertilizers, dyes, textiles, explosives, and pesticides are just a few of the industries that use ammonia. As a result, numerous market players are expected to invest in its production plants to meet the increasing global demand for ammonia. Increasing usage of ammonia in these sectors is expected to propel market growth during the forecast period. However, the use of ammonia as a marine fuel provides a significant market opportunity. The sulphur limit in transportation oil used onboard ships has been reduced to 0.5 percent m/m by the International Maritime Organization 2020 regulations. This likely lead to a shift toward higher-quality marine fuels, providing possibilities for the green ammonia market to grow. Restraints: The steam reforming method produces roughly 72 percent of the ammonia worldwide. As a result, CO2 emissions are very high. The large initial expenditure required to start a green ammonia plant is expected to limit market growth over the forecast period.

Global Green Ammonia Market Segmentation Analysis

By Technology, SEO technology dominated the market in 2019, accounting for xx percent of revenue, due to the application in fuel production, carbon dioxide recycling, and chemicals synthesis. Hydrogen systems are becoming more popular as a way to reduce carbon emissions. SEO is a technique that generates green hydrogen from excess renewable energy-generated power. Using SEO technology, such green hydrogen may be converted into an ammonia synthesis plant to create green ammonia. As a result, it is favored in the production of green ammonia. Global Green Ammonia Market

Global Green Ammonia Market Regional Insights

Europe is expected to account for xx% of market share during the forecast period owing to the growth of green hydrogen projects in Germany and the Netherlands. Green ammonia demand is expected to rise in the region as a result of favorable government policies and activities to create green hydrogen. Several smaller green ammonia pioneering organizations in Western Europe and the United States are developing new methods to revolutionize the entire ammonia manufacturing process. Starfire Energy, located in Colorado, is developing modular systems to create carbon-free ammonia. The group saw a rising demand for renewable fuel that could be stored and utilized in transportation and heating. Asia-Pacific is expected to grow significantly in the global market during the forecast period. Factors such as a growing focus on renewable energy generation and increasing chemical manufacturing are expected to provide attractive growth opportunities for the Green Ammonia market in the Asia-Pacific region.

Global Green Ammonia Market Scope: Inquire before buying

Global Green Ammonia Market

Global Green Ammonia Market by Region

• North America • Asia pacific • Europe • Middle East and Africa • South America

Global Green Ammonia Market Key Players

Enapter GmbHGreen Hydrogen SystemsHaldor Topsoe A/SHiringa Energy Ltd. • Hydrogenics (Cummins Inc.) • ITM Power Plc • Man Energy Solutions SE • MCPHY Energy SAS • Nel Hydrogen AS • Queensland Nitrates Pty Ltd. • Siemens AG • Thyssenkrupp Industrial Solutions AG • Uniper SE • Yara International ASA • Proton Ventures BV • Grieg Edge AS • CF Industries Holdings, Inc.

Frequently Asked Questions

1. What is the projected market size & growth rate of the Global Green Ammonia Market? Ans- Green Ammonia Market was valued at USD 1.35 billion in 2019 and is projected to reach USD 13.46 billion by 2027, growing at a CAGR of 46.7% during the forecast period. 2. What are the key driving factors for the growth of the Global Green Ammonia Market? Ans- The growth of the global market is driven by factors such as the increasing need for industrial dependence on ammonia, increased environmental concerns regarding greenhouse gas emissions, and increased preferences for renewable sources rather than fossil fuels. 3. Which region accounted for the largest Global Green Ammonia Market share? Ans- Europe is expected to account for xx% of market share during the forecast period owing to the growth of green hydrogen projects in Germany and the Netherlands. 4. What makes the Asia Pacific a Lucrative Market for Global Green Ammonia Market? Ans- Factors such as a growing focus on renewable energy generation and increasing chemical manufacturing are expected to provide attractive growth opportunities for the Green Ammonia market in the Asia-Pacific region. 5. What are the top players operating in the Global Green Ammonia Market? Ans- Enapter GmbH, Green Hydrogen Systems, Haldor Topsoe A/S, Hiringa Energy Ltd., Hydrogenics (Cummins Inc.), ITM Power Plc, and Man Energy Solutions SE.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Green Ammonia Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Green Ammonia Market 3.4. Geographical Snapshot of the Green Ammonia Market, By Manufacturer share 4. Global Green Ammonia Market Overview, 2019-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Green Ammonia Market 5. Supply Side and Demand Side Indicators 6. Global Green Ammonia Market Analysis and Forecast, 2019-2027 6.1. Global Green Ammonia Market Size & Y-o-Y Growth Analysis. 7. Global Green Ammonia Market Analysis and Forecasts, 2019-2027 7.1. Market Size (Value) Estimates & Forecast By Technology, 2019-2027 7.1.1. Alkaline Water Electrolysis (AWE) 7.1.2. Proton Exchange Membrane (PEM) 7.1.3. Solid Oxide Electrolysis (SOE) 7.2. Market Size (Value) Estimates & Forecast By End User, 2019-2027 7.2.1. Transportation 7.2.2. Power Generation 7.2.3. Industrial Feedstock 8. Global Green Ammonia Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2019-2027 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Green Ammonia Market Analysis and Forecasts, 2019-2027 9.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 9.1.1. Alkaline Water Electrolysis (AWE) 9.1.2. Proton Exchange Membrane (PEM) 9.1.3. Solid Oxide Electrolysis (SOE) 9.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 9.2.1. Transportation 9.2.2. Power Generation 9.2.3. Industrial Feedstock 10. North America Green Ammonia Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2019-2027 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Green Ammonia Market Analysis and Forecasts, 2019-2027 11.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 11.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 12. Canada Green Ammonia Market Analysis and Forecasts, 2019-2027 12.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 12.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 13. Mexico Green Ammonia Market Analysis and Forecasts, 2019-2027 13.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 13.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 14. Europe Green Ammonia Market Analysis and Forecasts, 2019-2027 14.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 14.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 15. Europe Green Ammonia Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2019-2027 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Green Ammonia Market Analysis and Forecasts, 2019-2027 16.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 16.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 17. France Green Ammonia Market Analysis and Forecasts, 2019-2027 17.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 17.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 18. Germany Green Ammonia Market Analysis and Forecasts, 2019-2027 18.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 18.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 19. Italy Green Ammonia Market Analysis and Forecasts, 2019-2027 19.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 19.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 20. Spain Green Ammonia Market Analysis and Forecasts, 2019-2027 20.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 20.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 21. Sweden Green Ammonia Market Analysis and Forecasts, 2019-2027 21.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 21.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 22. CIS Countries Green Ammonia Market Analysis and Forecasts, 2019-2027 22.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 22.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 23. Rest of Europe Green Ammonia Market Analysis and Forecasts, 2019-2027 23.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 23.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 24. Asia Pacific Green Ammonia Market Analysis and Forecasts, 2019-2027 24.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 24.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 25. Asia Pacific Green Ammonia Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2019-2027 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Green Ammonia Market Analysis and Forecasts, 2019-2027 26.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 26.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 27. India Green Ammonia Market Analysis and Forecasts, 2019-2027 27.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 27.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 28. Japan Green Ammonia Market Analysis and Forecasts, 2019-2027 28.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 28.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 29. South Korea Green Ammonia Market Analysis and Forecasts, 2019-2027 29.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 29.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 30. Australia Green Ammonia Market Analysis and Forecasts, 2019-2027 30.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 30.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 31. ASEAN Green Ammonia Market Analysis and Forecasts, 2019-2027 31.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 31.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 32. Rest of Asia Pacific Green Ammonia Market Analysis and Forecasts, 2019-2027 32.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 32.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 33. Middle East Africa Green Ammonia Market Analysis and Forecasts, 2019-2027 33.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 33.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 34. Middle East Africa Green Ammonia Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2019-2027 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Green Ammonia Market Analysis and Forecasts, 2019-2027 35.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 35.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 36. GCC Countries Green Ammonia Market Analysis and Forecasts, 2019-2027 36.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 36.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 37. Egypt Green Ammonia Market Analysis and Forecasts, 2019-2027 37.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 37.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 38. Nigeria Green Ammonia Market Analysis and Forecasts, 2019-2027 38.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 38.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 39. Rest of ME&A Green Ammonia Market Analysis and Forecasts, 2019-2027 39.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 39.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 40. South America Green Ammonia Market Analysis and Forecasts, 2019-2027 40.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 40.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 41. South America Green Ammonia Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2019-2027 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Green Ammonia Market Analysis and Forecasts, 2019-2027 42.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 42.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 43. Argentina Green Ammonia Market Analysis and Forecasts, 2019-2027 43.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 43.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 44. Rest of South America Green Ammonia Market Analysis and Forecasts, 2019-2027 44.1. Market Size (Value) Estimates & Forecast By Technology , 2019-2027 44.2. Market Size (Value) Estimates & Forecast By End User , 2019-2027 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Green Ammonia Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Applications 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile : Key Players 45.3.1. Enapter GmbH 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.4. Enapter GmbH 45.5. Green Hydrogen Systems 45.6. Haldor Topsoe A/S 45.7. Hiringa Energy Ltd. 45.8. Hydrogenics (Cummins Inc.) 45.9. ITM Power Plc 45.10. Man Energy Solutions SE 45.11. MCPHY Energy SAS 45.12. Nel Hydrogen AS 45.13. Queensland Nitrates Pty Ltd. 45.14. Siemens AG 45.15. Thyssenkrupp Industrial Solutions AG 45.16. Uniper SE 45.17. Yara International ASA 45.18. Proton Ventures BV 45.19. Grieg Edge AS 45.20. CF Industries Holdings, Inc. 46.Primary Key Insights

About This Report

Report ID115753
Category Energy & Power
Published DateAug 2021
Updated Date
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