The global green ammonia market is anticipated to reach USD 13 million in 2021 growing at a CAGR of 55.2% during the forecasting period, 2021-2028.
Ammonia is a pungent gas that is commercially produced using Haber’s process. Green ammonia is produced using a process that is completely renewable and carbon-free. An example is the production of ammonia using nitrogen from air and hydrogen produced from the electrolysis of water. Its major use is to produce fertilizer and for energy storage.
Increased agricultural output, an increase in demand for fertilizer, and also the urgent requirement of reduction in greenhouse gases are some of the factors that have supported long-term expansion for the green ammonia market.
Global Green Ammonia Market is segmented into Technology, End User, and geography.
Technology segment is segmented into Alkaline Water Electrolysis (AWE), Proton Exchange Membrane (PEM), and Solid Oxide Electrolysis (SOE)
End-User segment is segmented into Transportation, Power Generation, and Industrial Feedstock
Geographically, the global green ammonia market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America, and insights are provided for each region and major countries within the regions
Key players in the global Green Ammonia Market are Siemens, MAN Energy Solutions, ITM Power, Nel Hydrogen Solutions, Yara International, and Haldor Topsoe among others.
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Report Feature |
Descriptions |
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Market Revenue In 2021 |
USD 13 million |
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Growth Rate |
CAGR of 55.2% during the forecasting period, 2021-2028 |
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Historical Data |
2018-2019 |
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Forecast Years |
2021-2028 |
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Base Year |
2020 |
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Units Considered |
Revenue in USD million and CAGR from 2021 to 2028 |
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Report Segmentation |
Technology, End User, and Geography |
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Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
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Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and the Middle East and Africa |
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Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
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Companies Profiled |
Siemens, MAN Energy Solutions, ITM Power, Nel Hydrogen Solutions, Yara International, and Haldor Topsoe |
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Available Customization |
In addition to the market data for Global Green Ammonia Market, Delvens offers client-centric reports and customized according to the company’s specific demand and requirement. |
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