Global Green Ammonia Market Size study & Forecast, by Technology by Application and Regional Analysis, 2023-2030

Description

List of Tables

Global Green Ammonia Market is valued approximately USD 0.17 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 72.90% over the forecast period 2023-2030. Green ammonia is produced using renewable energy sources, such as solar or wind power, instead of fossil fuels. Ammonia (NH3) is a compound made up of nitrogen and hydrogen and is commonly used in various industries, including agriculture, refrigeration, and chemical manufacturing. The key factors driving the market growth is increased need for eco-friendly fertilizers with rising agricultural production, enforcement of regulatory policies and provision of incentives to reduce GHG emissions, environmental concerns, and need to store renewable energy for longer term that anticipated to support the market growth during forecast period.

Moreover, growing investment in renewable energy plays a crucial role in supporting the growth of the Green Ammonia market. The Green Ammonia is produced through a process called electrolysis, that involves splitting water into hydrogen and oxygen using electricity. The electricity used in this process can be derived from renewable energy sources such as solar, wind, or hydroelectric power. As the investment in renewable energy increases, the availability of low-cost and clean electricity for electrolysis also increases, making Green Ammonia production more economically viable. According to Statista, in 2020 the new investment in renewable energy worldwide was USD 363 billion and the investment increased significantly and reached USD 495 billion in 2022. Additionally, potential of ammonia as maritime fuel and increasing focus on building hydrogen-based economy is anticipated to create the lucrative opportunity for the market during forecast period. However, the high initial cost to set up green ammonia plant stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Green Ammonia Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the growing focus on renewable energy, government support and policies, technological advancements and international collaboration and trade opportunities. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the government initiatives and regulations, renewable energy development, decarbonization efforts in industrial sectors, and technological advancements and cost reductions.

Major market player included in this report are:

Fuelpositive Corporation
Haldor Topsoe Inc.
NEL ASA
ThyssenKrupp AG
Siemens AG
CF Industries Holdings, Inc.,
Yara International ASA
BASF SE
Queensland Nitrates Pty Ltd
AMMPower Corp

Recent Developments in the Market:

In August 2022, Uniper SE and EverWind Fuels signed a Memorandum of Understanding for acquiring green ammonia from EverWind's inaugural manufacturing facility in Nova Scotia.

Global Green Ammonia Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Technology, Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Technology:

Proton Exchange Membrane
Alkaline Water Electrolysis
Solid Oxide Electrolysis

By Application:

Transportation
Power Generation
Industrial Feedstock
Others

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Spain
Italy
ROE

Asia Pacific

China
India
Japan
Australia
South Korea
RoAPAC

Latin America

Brazil
Mexico

Middle East & Africa

Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Green Ammonia Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Green Ammonia Market, by Technology, 2020-2030 (USD Billion)
- 1.2.3. Green Ammonia Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Green Ammonia Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Green Ammonia Market Dynamics

3.1. Green Ammonia Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increased need for eco-friendly fertilizers with rising agricultural production, enforcement of regulatory policies
  - 3.1.1.2. Provision of incentives to reduce GHG emissions
- 3.1.2. Market Challenges
  - 3.1.2.1. High initial cost to set up green ammonia plant
- 3.1.3. Market Opportunities
  - 3.1.3.1. Potential of ammonia as maritime fuel
  - 3.1.3.2. Increasing focus on building hydrogen-based economy

Chapter 4. Global Green Ammonia Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Green Ammonia Market, by Technology

5.1. Market Snapshot
5.2. Global Green Ammonia Market by Technology, Performance - Potential Analysis
5.3. Global Green Ammonia Market Estimates & Forecasts by Technology 2020-2030 (USD Billion)
5.4. Green Ammonia Market, Sub Segment Analysis
- 5.4.1. Proton Exchange Membrane
- 5.4.2. Alkaline Water Electrolysis
- 5.4.3. Solid Oxide Electrolysis

Chapter 6. Global Green Ammonia Market, by Application

6.1. Market Snapshot
6.2. Global Green Ammonia Market by Application, Performance - Potential Analysis
6.3. Global Green Ammonia Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Green Ammonia Market, Sub Segment Analysis
- 6.4.1. Transportation
- 6.4.2. Power Generation
- 6.4.3. Industrial Feedstock
- 6.4.4. Others

Chapter 7. Global Green Ammonia Market, Regional Analysis

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Green Ammonia Market, Regional Market Snapshot
7.4. North America Green Ammonia Market
- 7.4.1. U.S. Green Ammonia Market
  - 7.4.1.1. Technology breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2. Application breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Green Ammonia Market
7.5. Europe Green Ammonia Market Snapshot
- 7.5.1. U.K. Green Ammonia Market
- 7.5.2. Germany Green Ammonia Market
- 7.5.3. France Green Ammonia Market
- 7.5.4. Spain Green Ammonia Market
- 7.5.5. Italy Green Ammonia Market
- 7.5.6. Rest of Europe Green Ammonia Market
7.6. Asia-Pacific Green Ammonia Market Snapshot
- 7.6.1. China Green Ammonia Market
- 7.6.2. India Green Ammonia Market
- 7.6.3. Japan Green Ammonia Market
- 7.6.4. Australia Green Ammonia Market
- 7.6.5. South Korea Green Ammonia Market
- 7.6.6. Rest of Asia Pacific Green Ammonia Market
7.7. Latin America Green Ammonia Market Snapshot
- 7.7.1. Brazil Green Ammonia Market
- 7.7.2. Mexico Green Ammonia Market
7.8. Middle East & Africa Green Ammonia Market
- 7.8.1. Saudi Arabia Green Ammonia Market
- 7.8.2. South Africa Green Ammonia Market
- 7.8.3. Rest of Middle East & Africa Green Ammonia Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Fuelpositive Corporation
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Recent Developments
- 8.3.2. Haldor Topsoe,
- 8.3.3. NEL ASA
- 8.3.4. ThyssenKrupp AG
- 8.3.5. Siemens AG
- 8.3.6. CF Industries Holdings, Inc.,
- 8.3.7. Yara International
- 8.3.8. BASF SE
- 8.3.9. Queensland Nitrates Pty Ltd
- 8.3.10. AMMPower Corp

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Green Ammonia Market, report scope
TABLE 2. Global Green Ammonia Market estimates & forecasts by region 2020-2030 (USD Billion)
TABLE 3. Global Green Ammonia Market estimates & forecasts by Technology 2020-2030 (USD Billion)
TABLE 4. Global Green Ammonia Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 5. Global Green Ammonia Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global Green Ammonia Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Green Ammonia Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Green Ammonia Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Green Ammonia Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Green Ammonia Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Green Ammonia Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Green Ammonia Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Green Ammonia Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Green Ammonia Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. Green Ammonia Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. U.S. Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. Canada Green Ammonia Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. Canada Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. UK Green Ammonia Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. UK Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. Germany Green Ammonia Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. Germany Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. France Green Ammonia Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. France Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. Italy Green Ammonia Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. Italy Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Spain Green Ammonia Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Spain Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. RoE Green Ammonia Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. RoE Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. China Green Ammonia Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. China Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. India Green Ammonia Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. India Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. Japan Green Ammonia Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. Japan Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. South Korea Green Ammonia Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. South Korea Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. Australia Green Ammonia Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. Australia Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. RoAPAC Green Ammonia Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. RoAPAC Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. Brazil Green Ammonia Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. Brazil Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Mexico Green Ammonia Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Mexico Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. RoLA Green Ammonia Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. RoLA Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. Saudi Arabia Green Ammonia Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. South Africa Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoMEA Green Ammonia Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Green Ammonia Market
TABLE 70. List of primary sources, used in the study of global Green Ammonia Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Green Ammonia Market, research methodology
FIG 2. Global Green Ammonia Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Green Ammonia Market, key trends 2022
FIG 5. Global Green Ammonia Market, growth prospects 2023-2030
FIG 6. Global Green Ammonia Market, porters 5 force model
FIG 7. Global Green Ammonia Market, pest analysis
FIG 8. Global Green Ammonia Market, value chain analysis
FIG 9. Global Green Ammonia Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Green Ammonia Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Green Ammonia Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Green Ammonia Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Green Ammonia Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Green Ammonia Market, regional snapshot 2020 & 2030
FIG 15. North America Green Ammonia Market 2020 & 2030 (USD Billion)
FIG 16. Europe Green Ammonia Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Green Ammonia Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Green Ammonia Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Green Ammonia Market 2020 & 2030 (USD Billion)