Green Ammonia Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Production Method (Alkaline Water Electrolysis, Proton Exchange Membrane, and Solid Oxide Electrolysis), By End Use (Power Generation, Transportation, Fertilizers, Others), By Region 2022-2032

  • Industry : Chemicals
  • Pages : 193
  • Published Date : February, 2023
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Summary

Report Description

Global Green Ammonia Market was valued at USD 4.07 million in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 39.16%, owning to a significant increasing demand for renewable energy. Green ammonia refers to the ammonia produced by processes that utilize renewable energy sources such as solar, wind and hydro. In the production of green ammonia, hydrogen is extracted through the electrolysis of water using renewable energy, followed by the Haber-Bosch process. Green Ammonia plays an important role in achieving net zero-carbon emissions target set by Paris Agreement 2050. Green Ammonia for power generation is expected to reach approximately 5700 thousand tonnes by 2030.

Growing Demand for Renewable Energy Driving Market Growth
Multiple renewable energy sources will be integrated with engineering and physical technologies to conserve and store energy in the coming years. Sustainable production and the application of carbon-free products on a significant basis could reduce the  problem of rising carbon emissions. Consumers prefer green ammonia over ammonia produced from fossil fuels, as it encourages the decarbonization of power and shipping industries. Several end-use industries are moving in the direction of green ammonia due to its zero-carbon emission ability. Thus, the rising consumer awareness is expected to propel the demand for green ammonia during the forecast period to make viable and safer alternative fuel.

Stringent Rules & Regulations Related to Carbon Emissions is Driving Global Green Ammonia Market
Many governments are taking up the responsibility to implement regulations and policies to achieve zero-carbon emissions. Green Ammonia could really help achieve the targets as it helps in generating electricity without any emissions. Governments of the nations are  tracking for the widespread execution of green ammonia manufacturing and its uses, which is  important in accelerating the development and positioning of this technology. Countries are also aiming for the usage of renewable energy sources in their production method, as these options can be responsible for accomplishing the target of net-zero emissions. Thus, government initiatives expand the scope of green ammonia and create understanding among the market players, which results in driving the global green ammonia market in the forecast period. 

Recent Developments

  • In 2023, Topsoe has been selected by Beijing-based Mintal Hydrogen to offer its proprietary technology for a green ammonia plant in China. The 390,000 t/y plant, located in Baotou, Inner Mongolia, will be the first of its type in China, as well as Topsoe’s first power-to-X project in the country. 
  • In 2023, On January 13, the Indian government released a blueprint for its determined National Green Hydrogen Mission (NGHM) with a total initial outlay of USD 2419.39 million, of which USD 2143.19 million will be used for the production-linked incentives for producing green hydrogen and manufacturing electrolyzers.
  • In 2023, Yara International plans  to modify its ammonia terminals in Germany and that will allow handling of up to 3 million tons of ammonia. This equates to roughly 530,000 tons of hydrogen and will assist speed up the hydrogen economy in Germany.


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Market Segmentation
The Global Green Ammonia market is segmented based on Production Method, End-Use, Region and Competitive Landscape. Based on Production Method, the market is further fragmented into Alkaline Water Electrolysis, Proton Exchange Membrane and Solid Oxide Electrolysis. Based on End Use the market is fragmented into Power Generation, Transportation, Fertilizers & others.

Company Profiles
Yara international ASA, Haldor Topsoe Holding A/S, Maire Technimont, Thyssenkrup AG, Siemens Energy AG, BASF SE., ACME Group, Fertiglobe plc, NEL Hydrogen AS, ITM Power plc, Green Hydrogen Systems AS, Greenfield Nitrogen LLC are some of the major players in the market.

Attribute

Details

Market size value in 2022

USD 4.07 Million

Revenue Forecast in 2032

USD 7676.47 Million

Growth Rate

39.16%

Base Year

2022

Estimated Year

2023

Forecast Period

2024 – 2032

Quantitative Units

Revenue in USD Million, and Volume in Thousand Tonnes CAGR for 2023E-2032F

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

Production Method

End Use

Regional Scope

Europe, North America, Asia Pacific , Middle East & Africa ,

Key Companies Profiled

Yara international ASA, Haldor Topsoe Holding A/S, Maire Technimont, Thyssenkrup AG, Siemens Energy AG, BASF SE., ACME Group, Fertiglobeplc, NEL Hydrogen AS, ITM Power Plc, Green Hydrogen Systems AS, Greenfield Nitrogen LLC

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

Report Scope:
In this report, Global Green Ammonia market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Green Ammonia Market, By Production Method:

o   Alkaline Water Electrolysis

o   Proton Exchange Membrane

o   Solid Oxide Electrolysis

·         Green Ammonia Market, By End Use:

o   Power Generation

o   Transportation

o   Fertilizers

o   Others

·         Green Ammonia Market, By Region:

o   Europe

§  France

§  Germany

§  Denmark

§  Russia

§  United Kingdom

§  Sweden

§  Switzerland

§  Rest of Europe

o   North America

§  United States

§  Canada

§  Mexico

o   Asia Pacific

§  Australia

§  China

§  India

§  Japan

§  South Korea

§  Rest of Asia Pacific

o   Middle East & Africa

§  Saudi Arabia

§  South Africa

§  Oman

§  UAE

§  Rest of Middle East & Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Green Ammonia market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Table of content

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Key Green Ammonia Planned Projects

5.    Global Green Ammonia Market Outlook, 2022-2032F

5.1.  Market Size & Forecast

5.1.1.     By Value & Volume

5.2.  Market Share & Forecast

5.2.1.     By Production Method (Alkaline Water Electrolysis, Proton Exchange Membrane, and Solid Oxide Electrolysis)

5.2.2.     By End Use (Power Generation, Transportation, Fertilizers, Others)

5.2.3.     By Region

5.2.4.     By Company (2022)

5.3.  Product Market Map

6.    Europe Green Ammonia Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Production Method

6.2.2.     By End Use

6.2.3.     By Country

6.3.  Europe: Country Analysis

6.3.1.     France Green Ammonia Market Outlook

6.3.1.1.         Market Size & Forecast

6.3.1.1.1.             By Value & Volume

6.3.1.2.         Market Share & Forecast

6.3.1.2.1.             By Production Method

6.3.1.2.2.             By End Use

6.3.2.     Germany Green Ammonia Market Outlook

6.3.2.1.         Market Size & Forecast

6.3.2.1.1.             By Value & Volume

6.3.2.2.         Market Share & Forecast

6.3.2.2.1.             By Production Method

6.3.2.2.2.             By End Use

6.3.3.     Denmark Green Ammonia Market Outlook

6.3.3.1.         Market Size & Forecast

6.3.3.1.1.             By Value & Volume

6.3.3.2.         Market Share & Forecast

6.3.3.2.1.             By Production Method

6.3.3.2.2.             By End Use

6.3.4.     Russia Green Ammonia Market Outlook

6.3.4.1.         Market Size & Forecast

6.3.4.1.1.             By Value & Volume

6.3.4.2.         Market Share & Forecast

6.3.4.2.1.             By Production Method

6.3.4.2.2.             By End Use

6.3.5.     United Kingdom Green Ammonia Market Outlook

6.3.5.1.         Market Size & Forecast

6.3.5.1.1.             By Value & Volume

6.3.5.2.         Market Share & Forecast

6.3.5.2.1.             By Production Method

6.3.5.2.2.             By End Use

6.3.6.     Sweden Green Ammonia Market Outlook

6.3.6.1.         Market Size & Forecast

6.3.6.1.1.             By Value & Volume

6.3.6.2.         Market Share & Forecast

6.3.6.2.1.             By Production Method

6.3.6.2.2.             By End Use

6.3.7.     Switzerland Green Ammonia Market Outlook

6.3.7.1.         Market Size & Forecast

6.3.7.1.1.             By Value & Volume

6.3.7.2.         Market Share & Forecast

6.3.7.2.1.             By Production Method

6.3.7.2.2.             By End Use

7.    North America Green Ammonia Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Production Method

7.2.2.     By End Use

7.2.3.     By Country

7.3.  North America: Country Analysis

7.3.1.     United States Green Ammonia Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value & Volume

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Production Method

7.3.1.2.2.             By End Use

7.3.2.     Canada Green Ammonia Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value & Volume

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Production Method

7.3.2.2.2.             By End Use

7.3.3.     Mexico Green Ammonia Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value & Volume

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Production Method

7.3.3.2.2.             By End Use

8.    Asia-Pacific Green Ammonia Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Production Method

8.2.2.     By End Use

8.2.3.     By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.     Australia Green Ammonia Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value & Volume

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Production Method

8.3.1.2.2.             By End Use

8.3.2.     China Green Ammonia Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value & Volume

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Production Method

8.3.2.2.2.             By End Use

8.3.3.     India Green Ammonia Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value & Volume

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Production Method

8.3.3.2.2.             By End Use

8.3.4.     Japan Green Ammonia Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value & Volume

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Production Method

8.3.4.2.2.             By End Use

8.3.5.     South Korea Green Ammonia Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value & Volume

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Production Method

8.3.5.2.2.             By End Use

9.    Middle East and Africa Green Ammonia Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Production Method

9.2.2.     By End Use

9.2.3.     By Country

9.3.  MEA: Country Analysis

9.3.1.     Saudi Arabia Green Ammonia Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value & Volume

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Production Method

9.3.1.2.2.             By End Use

9.3.2.     South Africa Green Ammonia Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value & Volume

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Production Method

9.3.2.2.2.             By End Use

9.3.3.     Oman Green Ammonia Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value & Volume

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Production Method

9.3.3.2.2.             By End Use

9.3.4.     UAE Green Ammonia Market Outlook

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.             By Value & Volume

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By Production Method

9.3.4.2.2.             By End Use

10.  Pricing Analysis

11.  Market Dynamics

11.1.              Drivers

11.2.              Challenges

12.  Market Trends & Developments

13.  Global Green Ammonia Market: SWOT Analysis

14.  Porters Five Forces Analysis

15.  Competitive Landscape

15.1.              Company Profiles

15.1.1.  Yara international ASA

15.1.2.  Haldor Topsoe Holding A/S

15.1.3.  Maire Technimont

15.1.4.  Thyssenkrup AG

15.1.5.  Siemens Energy AG

15.1.6.  BASF SE

15.1.7.  ACME Group

15.1.8.  Fertiglobe plc

15.1.9.  NEL Hydrogen AS

15.1.10.   ITM Power plc

15.1.11.   Green Hydrogen Systems A/S

15.1.12.   Greenfield Nitrogen LLC

16.  Strategic Recommendations

17.  About Us & Disclaimer

Figures and Tables

List of Figures:

Figure 1: Global Green Ammonia Market Size, By Value (USD Million), 2022-2032F

Figure 2: Global Green Ammonia Market Size, By Volume (Thousand Tonnes), 2022-2032F

Figure 3: Global Green Ammonia Market Share, By Production Method, By Volume, 2022-2032F

Figure 4: Global Green Ammonia Market Share, By End Use, By Volume, 2022-2032F

Figure 5: Global Green Ammonia Market Share, By Region, By Volume, 2022-2032F

Figure 6: Global Green Ammonia Market Share, By Company, By Value, 2022

Figure 7: Global Green Ammonia Market Map, By Production Method , Market Size (Thousand Tonnes) & Growth Rate (%), 2022

Figure 8: Global Green Ammonia Market Map, By End Use, Market Size (Thousand Tonnes) & Growth Rate (%), 2022

Figure 9: Global Green Ammonia Market Map, By Region, Market Size (Thousand Tonnes) & Growth Rate (%), 2022

Figure 10: Europe Green Ammonia Market Size, By Value (USD Million), 2022-2032F

Figure 11: Europe Green Ammonia Market Size, By Volume (Thousand Tonnes), 2022-2032F

Figure 12: Europe Green Ammonia Market Share, By Production Method, By Volume, 2022-2032F

Figure 13: Europe Green Ammonia Market Share, By End Use, By Volume, 2022-2032F

Figure 14: Europe Green Ammonia Market Share, By Country, By Volume, 2022-2032F

Figure 15: France Green Ammonia Market Size, By Value (USD Million), 2022-2032F

Figure 16: France Green Ammonia Market Size, By Volume (Thousand Tonnes), 2022-2032F

Figure 17: France Green Ammonia Market Share, By Production Method, By Volume, 2022-2032F

Figure 18: France Green Ammonia Market Share, By End Use, By Volume, 2022-2032F

Figure 19: Germany Green Ammonia Market Size, By Value (USD Million), 2022-2032F

Figure 20: Germany Green Ammonia Market Size, By Volume (Thousand Tonnes), 2022-2032F

Figure 21: Germany Green Ammonia Market Share, By Production Method, By Volume, 2022-2032F

Figure 22: Germany Green Ammonia Market Share, By End Use, By Volume, 2022-2032F

Figure 23: Denmark Green Ammonia Market Size, By Value (USD Million), 2022-2032F

Figure 24: Denmark Green Ammonia Market Size, By Volume (Thousand Tonnes), 2022-2032F

Figure 25: Denmark Green Ammonia Market Share, By Production Method, By Volume, 2022-2032F

Figure 26: Denmark Green Ammonia Market Share, By End Use, By Volume, 2022-2032F

Figure 27: Russia Green Ammonia Market Size, By Value (USD Million), 2022-2032F

Figure 28: Russia Green Ammonia Market Size, By Volume (Thousand Tonnes), 2022-2032F

Figure 29: Russia Green Ammonia Market Share, By Production Method, By Volume, 2022-2032F

Figure 30: Russia Green Ammonia Market Share, By End Use, By Volume, 2022-2032F

Figure 31: United Kingdom Green Ammonia Market Size, By Value (USD Million), 2022-2032F

Figure 32: United Kingdom Green Ammonia Market Size, By Volume (Thousand Tonnes), 2022-2032F

Figure 33: United Kingdom Green Ammonia Market Share, By Production Method, By Volume, 2022-2032F

Figure 34: United Kingdom Green Ammonia Market Share, By End Use, By Volume, 2022-2032F

Figure 35: Sweden Green Ammonia Market Size, By Value (USD Million), 2022-2032F

Figure 36: Sweden Green Ammonia Market Size, By Volume (Thousand Tonnes), 2022-2032F

Figure 37: Sweden Green Ammonia Market Share, By Production Method, By Volume, 2022-2032F

Figure 38: Sweden Green Ammonia Market Share, By End Use, By Volume, 2022-2032F

Figure 39: Switzerland Green Ammonia Market Size, By Value (USD Million), 2022-2032F

Figure 40: Switzerland Green Ammonia Market Size, By Volume (Thousand Tonnes), 2022-2032F

Figure 41: Switzerland Green Ammonia Market Share, By Production Method, By Volume, 2022-2032F

Figure 42: Switzerland Green Ammonia Market Share, By End Use, By Volume, 2022-2032F

Figure 43: North America Green Ammonia Market Size, By Value (USD Million), 2022-2032F

Figure 44: North America Green Ammonia Market Size, By Volume (Thousand Tonnes), 2022-2032F

Figure 45: North America Green Ammonia Market Share, By Production Method, By Volume, 2022-2032F

Figure 46: North America Green Ammonia Market Share, By End Use, By Volume, 2022-2032F

Figure 47: North America Green Ammonia Market Share, By Country, By Volume, 2022-2032F

Figure 48: United States Green Ammonia Market Size, By Value (USD Million), 2022-2032F

Figure 49: United States Green Ammonia Market Size, By Volume (Thousand Tonnes), 2022-2032F

Figure 50: United States Green Ammonia Market Share, By Production Method, By Volume, 2022-2032F

Figure 51: United States Green Ammonia Market Share, By End Use, By Volume, 2022-2032F

Figure 52: Canada Green Ammonia Market Size, By Value (USD Million), 2022-2032F

Figure 53: Canada Green Ammonia Market Size, By Volume (Thousand Tonnes), 2022-2032F

Figure 54: Canada Green Ammonia Market Share, By Production Method, By Volume, 2022-2032F

Figure 55: Canada Green Ammonia Market Share, By End Use, By Volume, 2022-2032F

Figure 56: Mexico Green Ammonia Market Size, By Value (USD Million), 2022-2032F

Figure 57: Mexico Green Ammonia Market Size, By Volume (Thousand Tonnes), 2022-2032F

Figure 58: Mexico Green Ammonia Market Share, By Production Method, By Volume, 2022-2032F

Figure 59: Mexico Green Ammonia Market Share, By End Use, By Volume, 2022-2032F

Figure 60: Asia Pacific Green Ammonia Market Size, By Value (USD Million), 2022-2032F

Figure 61: Asia Pacific Green Ammonia Market Size, By Volume (Thousand Tonnes), 2022-2032F

Figure 62: Asia Pacific Green Ammonia Market Share, By Production Method, By Volume, 2022-2032F

Figure 63: Asia Pacific Green Ammonia Market Share, By End Use, By Volume, 2022-2032F

Figure 64: Asia Pacific Green Ammonia Market Share, By Country, By Volume, 2022-2032F

Figure 65: Australia Green Ammonia Market Size, By Value (USD Million), 2022-2032F

Figure 66: Australia Green Ammonia Market Size, By Volume (Thousand Tonnes), 2022-2032F

Figure 67: Australia Green Ammonia Market Share, By Production Method, By Volume, 2022-2032F

Figure 68: Australia Green Ammonia Market Share, By End Use, By Volume, 2022-2032F

Figure 69: China Green Ammonia Market Size, By Value (USD Million), 2022-2032F

Figure 70: China Green Ammonia Market Size, By Volume (Thousand Tonnes), 2022-2032F

Figure 71: China Green Ammonia Market Share, By Production Method, By Volume, 2022-2032F

Figure 72: China Green Ammonia Market Share, By End Use, By Volume, 2022-2032F

Figure 73: India Green Ammonia Market Size, By Value (USD Million), 2022-2032F

Figure 74: India Green Ammonia Market Size, By Volume (Thousand Tonnes), 2022-2032F

Figure 75: India Green Ammonia Market Share, By Production Method, By Volume, 2022-2032F

Figure 76: India Green Ammonia Market Share, By End Use, By Volume, 2022-2032F

Figure 77: Japan Green Ammonia Market Size, By Value (USD Million), 2022-2032F

Figure 78: Japan Green Ammonia Market Size, By Volume (Thousand Tonnes), 2022-2032F

Figure 79: Japan Green Ammonia Market Share, By Production Method, By Volume, 2022-2032F

Figure 80: Japan Green Ammonia Market Share, By End Use, By Volume, 2022-2032F

Figure 81: South Korea Green Ammonia Market Size, By Value (USD Million), 2022-2032F

Figure 82: South Korea Ammonia Market Size, By Volume (Thousand Tonnes), 2022-2032F

Figure 83: South Korea Green Ammonia Market Share, By Production Method, By Volume, 2022-2032F

Figure 84: South Korea Green Ammonia Market Share, By End Use, By Volume, 2022-2032F

Figure 85: Middle East & Africa Green Ammonia Market Size, By Value (USD Million), 2022-2032F

Figure 86: Middle East & Africa Green Ammonia Market Size, By Volume (Thousand Tonnes), 2022-2032F

Figure 87: Middle East & Africa Green Ammonia Market Share, By Production Method, By Volume, 2022-2032F

Figure 88: Middle East & Africa Green Ammonia Market Share, By End Use, By Volume, 2022-2032F

Figure 89: Middle East & Africa Green Ammonia Market Share, By Country, By Volume, 2022-2032F

Figure 90: Saudi Arabia Green Ammonia Market Size, By Value (USD Million), 2022-2032F

Figure 91: Saudi Arabia Green Ammonia Market Size, By Volume (Thousand Tonnes), 2022-2032F

Figure 92: Saudi Arabia Green Ammonia Market Share, By Production Method, By Volume, 2022-2032F

Figure 93: Saudi Arabia Green Ammonia Market Share, By End Use, By Volume, 2022-2032F

Figure 94: South Africa Green Ammonia Market Size, By Value (USD Million), 2022-2032F

Figure 95: South Africa Green Ammonia Market Size, By Volume (Thousand Tonnes), 2022-2032F

Figure 96: South Africa Green Ammonia Market Share, By Production Method, By Volume, 2022-2032F

Figure 97: South Africa Green Ammonia Market Share, By End Use, By Volume, 2022-2032F

Figure 98: Oman Green Ammonia Market Size, By Value (USD Million), 2022-2032F

Figure 99: Oman Green Ammonia Market Size, By Volume (Thousand Tonnes), 2022-2032F

Figure 100: Oman Green Ammonia Market Share, By Production Method, By Volume, 2022-2032F

Figure 101: Oman Green Ammonia Market Share, By End Use, By Volume, 2022-2032F

Figure 102: UAE Green Ammonia Market Size, By Value (USD Million), 2022-2032F

Figure 103: UAE Green Ammonia Market Size, By Volume (Thousand Tonnes), 2022-2032F

Figure 104: UAE Green Ammonia Market Share, By Production Method, By Volume, 2022-2032F

Figure 105: UAE Green Ammonia Market Share, By End Use, By Volume, 2022-2032F

Figure 106: CO2 Emissions From Energy Combustion and Industrial Processes (Giga Tons), 2017-21

Frequently asked questions

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Global Green Ammonia Market is projected to register a CAGR of 39.16% and reach USD7676.47 million by 2032 due to growing demand for renewable energy worldwide.

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Alkaline Water Electrolysis accounted for a market share of 60.85% in the Global Green Ammonia market in 2022, and it is forecast to register a CAGR of 55.33% from 2023E-2032F.

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Power Generation is the dominant end use segment in the Global Green Ammonia Market accounting for a share of 41.56% in 2022.

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Increasing demand for renewable energy and stringent government rules regarding CO2 emissions are the major drivers for the Global Green Ammonia market.

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Sakshi Bajaal

Business Consultant
Press Release

Green Ammonia Market to Register CAGR of 39.16% until 2032

Feb, 2023

Increasing Demand for Renewable Energy is the major growth driver of the Global Green Ammonia Market.

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