Global Green Ammonia Market Growth 2023-2029
Ammonia, a colourless and nonflammable gas with a characteristic pungent smell, is a compound of nitrogen and hydrogen with the formula NH3. Ammonia is shipped as a liquified gas under its own vapor pressure of 114 psig. Most extensive use is in soil fertilization. This application is used in the form of salts, nitrates and urea.
LPI (LP Information)' newest research report, the “Green Ammonia Industry Forecast” looks at past sales and reviews total world Green Ammonia sales in 2022, providing a comprehensive analysis by region and market sector of projected Green Ammonia sales for 2023 through 2029. With Green Ammonia sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Green Ammonia industry.
This Insight Report provides a comprehensive analysis of the global Green Ammonia landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Green Ammonia portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Green Ammonia market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Green Ammonia and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Green Ammonia.
The global Green Ammonia market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
Global Ammonia key players include Yara, CF, Shandong Everlast AC Chemical, Hangzhou Hengmao Chemical, DOW, etc. Global top five manufacturers hold a share over 20%.
China is the largest market, with a share about 35%, followed by North America, and Europe, both have a share about 35 percent.
In terms of product, Electronic Grade Aqua Ammonia is the largest segment, with a share over 40%. And in terms of application, the largest application is Agriculture Industry, followed by Rubber Industry, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Green Ammonia market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Alkaline Water Electrolysis
Proton Exchange Membrane
Solid Oxide Electrolysis
Segmentation by application
Transportation
Power Generation
Industrial Feedstock
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Siemens
NEL Hydrogen
ThyssenKrupp
ITM Power
McPhy Energy
Vestas
Scatec
Clariant
Air Products
CIP
CF Industries
Key Questions Addressed in this Report
What is the 10-year outlook for the global Green Ammonia market?
What factors are driving Green Ammonia market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Green Ammonia market opportunities vary by end market size?
How does Green Ammonia break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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