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Global Green Ammonia Market
Dublin, June 22, 2022 (GLOBE NEWSWIRE) — The report “Global Green Ammonia Market: Focus on End-Use Sectors, Production Technologies and Region – Analysis and Forecast, 2022-2031” was added to ResearchAndMarkets. com. The global green ammonia market is expected to reach a gain of $18. 28 billion through 2031, with a CAGR of 23. 24%
Demand for green ammonia is expected to increase with strict regulations on carbon emissions and carbon-free energy targets.
In addition, there is a growing popularity that energy security comes from intermittent low-carbon sources, requiring a long-term sustainable energy garage and the identification of suitable suppliers.
In addition, the continuous reduction in the rate of hydrogen production through electrolysis is what drives the demand for green ammonia during the forecast period (2024-2031). However, the higher installation rate of the built-in green ammonia infrastructure is expected to hinder expansion. of the market in the near future.
Stage of the market cycle
The green ammonia market is still in the progression phase. More studies and progression activities are underway to expand green ammonia, which is expected to accumulate due to the expansion of public fear and government regulations similar to carbon emissions and environmental fitness protection.
In addition, green ammonia has the potential to have a significant effect by reducing global dependence on fossil fuels and contributing to the alleviation of greenhouse gas emissions.
industrial impact
With a higher global level of net-zero carbon emissions, the shift to green, environmentally friendly and sustainable technologies provides significant sales and financing opportunities. This substitution has been widely observed in regions such as North America, Europe and some Asian countries.
In addition, green ammonia has a low to moderate effect on the fertilizer and transportation fuel industry; However, in the near future, with the increase in green ammonia production, the effect is expected to increase.
Impact of COVID-19
Since green ammonia is not widely traded, the impact of COVID-19 on the global market has been negligible. In addition, the growing trend of sustainability is expected to have a positive effect on the expansion of the market in the next 10 years, as green ammonia is produced using sustainable technologies. In addition, green ammonia intake is expected to build up after the COVID-19 pandemic as planned projects get underway.
In the global green ammonia market, Europe and North America are expected to gain ground in terms of green ammonia production thanks to advances in R
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The product segment is helping the reader perceive the other technologies involved in the production of green ammonia, adding alkaline water electrolysis (AWE), proton exchange membrane (PEM) and forged oxide electrolysis (SOE).
In addition, the exam provides the reader with a detailed description of the other end-use sectors of green ammonia (electricity generation and energy storage, agriculture, transportation, commercial raw fabrics, and others). Green ammonia is a long-term fuel and has maximum long-term prospective expansion.
Growth/Marketing Strategy: The global green ammonia market has undergone a major progression through the major players operating in the market such as business expansion, partnerships, collaboration, and joint ventures. The preferred strategy of corporations has been business expansion and association with their position in the green ammonia market.
For example, in October 2021, Scatec ASA, one of the leading renewable energy manufacturers, signed a partnership agreement with Fertiglobe to jointly produce a 50 to 100 MW green hydrogen site, which would then be used as a feedstock for production. of green ammonia.
Recent developments in the global green ammonia market
In March 2021, ACME Group of India, a solar power generation company, signed an agreement with Omani company Tatweer to launch a green ammonia production facility in Duqm, Oman.
In March 2022, ACME Group of India, a solar power generation company, signed a joint venture agreement with Norwegian company Scatec ASA to launch an ammonia production plant in the Sultanate of Oman, with an annual production capacity of approximately 100,000 tonnes.
In May 2021, Khalifa Industrial Zone Abu Dhabi (KIZAD) announced the strategic structure of an ammonia plant with an annual production capacity of approximately 200,000 tonnes.
In December 2020, Haldor Topsoe, a specialist in carbon reduction technologies, Skovgaard Invest, a Danish renewable energy developer, and Vestas, a wind turbine manufacturer, announced the structure of an ammonia production plant in western Jutland, Denmark.
In February 2021, Copenhagen Infrastructure Partners and A. P. Moller – Maersk announced their strategic plans for the progression of Europe’s largest ammonia production plant in Esbjerg, Denmark.
In July 2021, Fusion-Fuel, in Ireland, and Consolidated Contractors Group, a global structure company, announced the structure of a new green ammonia project, “Hevo Ammonia Project” in Morocco.
Summary of the competition and key market players
Clean hydrogen aker
CF Industries Holdings, Inc.
air products inc.
Haldor Topsor A/S
Fusion fuel
HY2GEN LTD
Eneus Energy Limited
Hive energy
siemens energy
H2U Technologies, Inc.
Fertiglobo
ACME Group
Enaex Energy
dyno nobel
Source energy
Yara International ASA
Iberdrola, S. A.
Agro-nutrient balance
Main topics covered:
1 Markets 1. 1 Industry Outlook 1. 1. 1 Trends: Current and Future 1. 1. 1. 1 Green Ammonia for Energy Storage 1. 1. 1. 2 Green Ammonia as a Future Sustainable Fuel 1. 1. 2 Supply Chain Analysis 1. 1. 3 Ecosystem/Ongoing Programs 1. 1. 3. 1 Consortia and Partnerships 1. 1. 3. 2 Regulators 1. 1. 3. 3 Research Institutes and University Programs 1. 1. 4 Impact of COVID-19 on the Green Ammonia Market 1. 2 Business Dynamics 1. 2. 1. 1 Business Drivers 1. 2. 1. 1 Increased customer awareness and preference for sustainable products 1. 2. 1. 2 Increased investment in green ammonia production 1. 2. 1. 3 Strict carbon emission rules and regulations 1. 2. 2 Demanding business situations 1. 2. 2. 1 High production charge 1. 2. 2. 2 Limited marketing of green ammonia 1. 2. 3 Business 1. 2. 3. 1 Product developments 1. 2. 3. 2 Market Evolution 1. 2. 4 Business 1. 2. 4. 1 Mergers and Acquisitions 1. 2. 4. 2 Partnerships and Joint Ventures 1. 2. 4. 3 Collaborations and Alliances 1. 2. 5 Business Opportunities 1. 2. 5. 1 Green Ammonia as Transport Fuel 1. 2. 5. 2 Increasing Adoption of Energy Efficient Technologies 1. 3 Startup Landscape 1. 3. 1 Key Startups in the Ecosystem 1. 4 Planned Green Ammonia Projects 1. 4. 1 Key Planned Green Ammonia Projects
2 Application 2. 1 Global Green Ammonia Market (Applications and Specifications) 2. 1. 1 Global Green Ammonia Market (by End-Use Sectors) 2. 1. 1. 1 Energy Production and Storage 2. 1. 1. 2 Transportation 2. 1. 1. 3 Agriculture 2. 1. 1. 4 Raw Materials Industry 2. 1. 1. 5 Other 2. 2 Analysis of green ammonia market demand (by end-use sectors), value and volume data
3 Products3. 1 Global Green Ammonia Market (Products and Specifications)3. 1. 1 Global Green Ammonia Market (by Production Technologies)3. 1. 1. 1 Alkaline Water Electrolysis (AWE)3. 1. 1. 2 Proton Exchange Membrane (PEM)3. 1. 1. 3 Solid Oxide Electrolysis (SOE)3. 2 Green Ammonia Market Demand Analysis (by Production Technologies), Value data and Volume3. 2. 1 Comparison of Production Efficiency Between Technologies3. 3 Products: Growth Rate – Market Share Matrix, 20243. 4 Patent Analysis3. 4. 1 Patent Analysis (by State)3. 5 Price Analysis
4 Regions
5 Markets – Competitive benchmarking and business profiles 5. 1 Competitive benchmarking (2025) 5. 1. 1 Competitive position matrix (2025) 5. 1. 2 Product matrix for key companies 5. 1. 3 Market share analysis of key companies (2026) 5. 2 Company profiles
For more on this report, https://www. researchandmarkets. com/r/2dogxf
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Global Green Ammonia Market