Mordor Intelligence’s new study on the “Green Ammonia Market” presents a thorough evaluation of the market's trajectory, including major trends and future outlook.
-- A recently released report by Mordor Intelligence analyzes the “Green Ammonia Market,” highlighting key developments, market growth, and expected trends through 2030.
Green Ammonia Industry Overview:
According to recent analysis by Mordor intelligence, the global green ammonia market is projected to grow from 0.27 million tons in 2025 to 5.41 million tons by 2030, reflecting a compound annual growth rate (CAGR) of 82.47% during the forecast period. This surge is largely attributed to increasing investments in renewable energy infrastructure and the growing need for sustainable fertilizers and fuels.
The green ammonia market is gaining traction as industries seek cleaner alternatives to conventional ammonia production. Green ammonia is synthesized using renewable energy sources, primarily through water electrolysis and nitrogen fixation, making it a low-carbon substitute for traditional ammonia. As the world intensifies efforts to reduce greenhouse gas emissions, green ammonia is emerging as a viable solution for sectors like agriculture, marine fuel, and energy storage.
Key Trends Driving the Green Ammonia Market
Rising Demand in Agriculture
Agriculture remains a major consumer of ammonia, primarily for nitrogen-based fertilizers. With mounting pressure to reduce the carbon footprint of farming practices, green ammonia offers a cleaner alternative. Farmers and agribusinesses are exploring green ammonia to meet sustainability goals without compromising crop yields.
Interest in Marine Fuel Alternatives
The shipping industry is under scrutiny for its emissions, and green ammonia is being considered as a low-emission marine fuel. Its potential to replace bunker fuel and reduce sulfur and nitrogen oxide emissions is drawing attention from maritime stakeholders.
Power Generation and Energy Storage
Green ammonia is gaining relevance in power generation, especially as a hydrogen carrier. It can be stored and transported more easily than hydrogen gas, making it suitable for long-term energy storage and grid balancing. Countries with surplus renewable energy are exploring ammonia as a medium to export clean energy.
Regional Momentum in Europe
Europe is leading the charge in green ammonia adoption, supported by policy frameworks and funding for clean energy projects. The region is both the largest and fastest-growing market, with several pilot projects underway to integrate green ammonia into existing energy and industrial systems.
Explore Japanese Version of the Reports: https://www.mordorintelligence.com/industry-reports/green-ammonia-market?utm_source=marketersmedia
Market Segmentation: Applications and Geography
The green ammonia market is segmented by application and geography, reflecting its diverse use cases and regional adoption patterns.
By Applications:
- Agriculture: Used in fertilizers to reduce carbon emissions from farming.
- Marine Fuel: Considered as a clean alternative to conventional shipping fuels.
- Power Generation: Acts as a hydrogen carrier and energy storage medium.
- Hydrogen Carrier: Facilitates transport and storage of hydrogen.
- Other Applications: Includes industrial uses and pilot projects.
By Geography:
- Asia-Pacific: Emerging interest due to growing energy needs and agricultural demand.
- North America: Investments in renewable energy and clean fuel technologies.
- Europe: Leading in adoption, supported by climate policies and funding.
- South America: Gradual uptake in agriculture and energy sectors.
- Middle East and Africa: Potential growth due to solar energy capacity and export ambitions.
Explore Competitive Landscape and Details: https://www.mordorintelligence.com/industry-reports/green-ammonia-market/companies?utm_source=marketersmedia
Top Key Players in the Green Ammonia Market
- Siemens Energy: Engaged in renewable energy-based ammonia production.
- Thyssenkrupp AG: Offers water electrolysis technology for green ammonia synthesis.
- Yara International: Exploring green ammonia for fertilizers and shipping fuel.
- Haldor Topsoe: Provides catalysts and process technologies for ammonia production.
- Nel ASA: Specializes in hydrogen production systems, integral to green ammonia.
These companies are contributing to the market’s growth by developing scalable solutions and forming strategic alliances to expand production capacity.
Conclusion
The green ammonia market is on a steep growth trajectory, driven by the need for low-carbon alternatives in agriculture, energy, and transportation.
About Mordor Intelligence:
Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals. With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.
For any inquiries, please contact:
media@mordorintelligence.com
https://www.mordorintelligence.com/contact-us
About the company: About Mordor Intelligence: Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals. With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics. For any inquiries, please contact: media@mordorintelligence.com https://www.mordorintelligence.com/contact-us
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