Green Ammonia Market

Report Highlights

The scope of this report is broad and covers different types of green ammonia market, along with the applications for air-conditioning in transportation, industrial feedstock & power generation. The market is broken down by types of green ammonia market, applications, and regional markets. Revenue forecasts from 2019 to 2025 are given for each major type of green ammonia, application and regional market, and the estimated values are derived from the manufacturers’ total revenues.

The report also includes a discussion of the major players across each of the regional green ammonia market; it explains the major market drivers of the global green ammonia industry, current trends within the industry, major applications, and the regional dynamics of the global green ammonia market.

The report concludes with a special focus on the vendor landscape, which includes detailed profiles of the major vendors in the global green ammonia industry.

Report Includes

• 61 tables
• An up-to-date analysis of the global green ammonia market.
• Analyses of the global market trends, with data from 2019, 2020, estimates for 2021, and projections of compound annual growth rates (CAGRs) through 2025.
• Estimation of market size and revenue forecast for global green ammonia market, and corresponding market share analysis by type, application, and region for each market segment.
• Highlights of emerging technology trends, gaps and opportunities in the market estimating current and future demand for green ammonia market, identification of the companies that are best positioned to meet this demand.
• In-depth information (facts and figures) concerning market drivers, restraints and other forces affecting the progress of this market.
• Identification of new products and products still in the development and their probability of successful commercial launch within the next five years.
• Impact of COVID-19 on the green ammonia market as compared to overall global economy.
• insight into the growth development strategies of major green ammonia manufacturers and their key competitive landscape.
• Descriptive company profiles of the leading market participants, including Siemens AG, ThyssenkruppNel, MAN Energy Solutions, Green Hydrogen Systems, McPhy Energy, Electrochaea, Hydrogenics, ITM Power, and Others.

Summary

In green ammonia production, ammonia produced is 100% renewable and carbon-free. The global green ammonia market will grow from over USD 11.2 million in 2020 to USD 850 million by 2025 at a five-year CAGR of 55.0%. Market growth is also driven by the growing concern for sustainable development and the increasing consumer demand for green energy.

Green ammonia finds major applications in transportation, power generation, industrial feedstock. More and more companies in this segment are investing in R&D following the increasing applications of green ammonia. Ammonia is gaining popularity as a marine fuel. Industry leaders are conducting feasibility studies to explore green ammonia as marine fuel in ships.