Green Ammonia Market

Green Ammonia Market - Global Market Share, Trends, Analysis and Forecast, 2023-2032
Frequently asked questions about this report

The green ammonia market is expected to reach US$ 38.68 Billion by 2032.

The green ammonia market is expected grow at a CAGR of 66.8% between 2023 to 2032.

The green ammonia market was estimated to be US$ 0.23 Billion in 2022.

The global green ammonia market is being driven by the imperatives of decarbonization, the demand for renewable energy, and the need for sustainable fertilizers in the agriculture sector.

The largest application segment in the green ammonia market is fertilizers due to the substantial demand from the agriculture sector, the need for sustainable farming practices, and the support from regulatory measures aimed at reducing environmental impact.

Air Liquide (France), BASF SE (Germany), CF Industries Holdings, Inc. (United States), Enerkem Inc. (Canada), ENGIE (France), Fortescue Metals Group Ltd. (Australia), Gazprom (Russia), Haldor Topsoe A/S (Denmark), IHI Corporation (Japan), Ørsted A/S (Denmark), Siemens Energy AG (Germany), Yara International ASA (Norway), OCI N.V. (Netherlands), Plug Power Inc. (United States), Thyssenkrupp AG (Germany) among others, are the major players in the green ammonia market.

Europe is at the forefront of the green ammonia market, driven by ambitious decarbonization goals and renewable energy targets.