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Green Ammonia Market by Production Process (Conventional Technologies, Non-conventional Technologies), End-Use (Agriculture, Energy, Transportation) - Global Forecast 2024-2030

Publisher 360iResearch
Published Jan 15, 2024
Length 180 Pages
SKU # IRE18444119

Description

Green Ammonia Market by Production Process (Conventional Technologies, Non-conventional Technologies), End-Use (Agriculture, Energy, Transportation) - Global Forecast 2024-2030


The Green Ammonia Market size was estimated at USD 701.67 million in 2023 and expected to reach USD 1,059.86 million in 2024, at a CAGR 61.57% to reach USD 20,173.77 million by 2030.Green ammonia is a clean and green energy source comprised of hydrogen derived from renewable sources through water electrolysis and nitrogen from the air. It has multiple uses, including as a fuel for transportation and an essential component of fertilizers, industrial chemicals, and cold storage solutions. High demand for eco-friendly fertilizers with rising agricultural production and the need for improved energy storage solutions has expanded the making of green ammonia. However, huge initial setup costs and the lack of information regarding green ammonia among chemical manufacturers pose limitations to their wide adoption. R&D activities for exploring new uses, along with their huge potential as a maritime fuel, are creating opportunities for market growth. Over the years, investment in clean energy generation and green hydrogen projects has elevated, which has enlarged the production activities of green ammonia.Regional InsightsThe green ammonia market in the Americas is driven by the demand for renewable energy sources, government regulations encouraging the adoption of green technologies, and financial incentives for green ammonia production. In the past few years, regional market players have conducted research regarding green ammonia’s use in the transportation and energy sector. In the Asia-Pacific region, China, Japan, South Korea, and India have been investing in the development of green ammonia facilities. The use of green ammonia in industrial processes such as fertilizer production has become increasingly attractive in Europe. In recent years, several countries in Europe have made efforts to increase their production capacity of green ammonia, driven mainly by the need to reduce emissions and develop sustainable energy sources. The combination of an increasingly competent manufacturing base along with a well-established distribution network makes Europe a thriving region for green ammonia market development.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Green Ammonia Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Green Ammonia Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Green Ammonia Market, highlighting leading vendors and their innovative profiles. These include ACME CleanTech Ventures (UK) Private Limited, AmmPower, Avaada Energy Pvt. Ltd., BASF SE, CF Industries Holdings, Inc., DEME NV, ENAEX S.A., Eneus Energy Limited, ENGIE, Fortescue Future Industries, FuelPositive Corporation, Haldor Topsoes Allé 1, Hive Energy Ltd., Hy2gen AG, ITM Power PLC, Jupiter Ionics Pty Ltd, Maire Tecnimont SpA, MAN Energy Solutions SE, McPhy Energy S.A., Merck KGaA, Nanjing Kapsom Engineering Limited, Nel ASA, Saudi Arabian Oil Co., Siemens AG, Stamicarbon B.V., Starfire Energy, ThyssenKrupp AG, and Yara International ASA.

Market Segmentation & Coverage



This research report categorizes the Green Ammonia Market to forecast the revenues and analyze trends in each of the following sub-markets:

Production Process
Conventional Technologies
Biomass-based Hydrogen Production

Electrolysis-based Hydrogen Production
Alkaline Water Electrolysis

Proton Exchange Membrane

Solid Oxide Electrolysis
Non-conventional Technologies
Absorbent-Enhanced Synthesis Loop

Electro-Thermochemical Looping

Electrochemical And Photochemicalsynthesis

Homogeneous Catalysis

Non-Thermal Plasma Technology

Redox Cycles
End-Use
Agriculture
Energy
Transportation
Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas
Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam
Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Green Ammonia Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Green Ammonia Market?
3. What are the technology trends and regulatory frameworks in the Green Ammonia Market?
4. What is the market share of the leading vendors in the Green Ammonia Market?
5. Which modes and strategic moves are suitable for entering the Green Ammonia Market?

Note: PDF & Excel + Online Access - 1 Year

Table of Contents

180 Pages
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Green Ammonia Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing demand for eco-friendly fertilizers with rising agricultural production
5.1.1.2. Rapidly growing need to store renewable energy for longer term
5.1.1.3. Enforcement of regulatory policies and provision of incentives to reduce GHG emissions
5.1.2. Restraints
5.1.2.1. Huge initial setup cost associated with green ammonia plant
5.1.3. Opportunities
5.1.3.1. Emerging potential of ammonia as maritime fuel and focus on building hydrogen-based economy
5.1.3.2. Increasing investment in clean energy generation and green hydrogen projects
5.1.4. Challenges
5.1.4.1. Lack of information about green ammonia among chemical manufacturers
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Green Ammonia Market, by Production Process
6.1. Introduction
6.2. Conventional Technologies
6.3.1. Biomass-based Hydrogen Production
6.3.2. Electrolysis-based Hydrogen Production
6.3.3.1. Alkaline Water Electrolysis
6.3.3.2. Proton Exchange Membrane
6.3.3.3. Solid Oxide Electrolysis
6.3. Non-conventional Technologies
6.4.1. Absorbent-Enhanced Synthesis Loop
6.4.2. Electro-Thermochemical Looping
6.4.3. Electrochemical And Photochemicalsynthesis
6.4.4. Homogeneous Catalysis
6.4.5. Non-Thermal Plasma Technology
6.4.6. Redox Cycles
7. Green Ammonia Market, by End-Use
7.1. Introduction
7.2. Agriculture
7.3. Energy
7.4. Transportation
8. Americas Green Ammonia Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Green Ammonia Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa Green Ammonia Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
11.3.1. Merger & Acquisition
11.3.1.1. CF Industries Holdings, Inc. Announces Agreement to Purchase Waggaman Ammonia Production Facility from Incitec Pivot Limited
11.3.1.2. Carlyle and GIC invest in green ammonia developer
11.3.2. Agreement, Collaboration, & Partnership
11.3.2.1. H2Pro and Sumitomo Corporation to partner on high efficiency production of green hydrogen and green ammonia
11.3.2.2. Greenko plans to supply green ammonia to Uniper
11.3.2.3. Greenko: Keppel Infrastructure partners Greenko for green ammonia
11.3.3. New Product Launch & Enhancement
11.3.3.1. KBR launches 10,000 MTPD blue and green ammonia offering
11.3.3.2. LSB Industries Launches Green Ammonia Project
11.3.4. Investment & Funding
11.3.4.1. Ocior Energy India: Ocior Energy signs MoU with Gujarat govt to invest INR 40,000 crores in green hydrogen, ammonia
11.3.4.2. Carlyle and GIC invest in green ammonia developer
11.3.5. Award, Recognition, & Expansion
11.3.5.1. CIP, partners to build EUR 1 billion green hydrogen, ammonia facility in Portugal
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. ACME CleanTech Ventures (UK) Private Limited
12.1.2. AmmPower
12.1.3. Avaada Energy Pvt. Ltd.
12.1.4. BASF SE
12.1.5. CF Industries Holdings, Inc.
12.1.6. DEME NV
12.1.7. ENAEX S.A.
12.1.8. Eneus Energy Limited
12.1.9. ENGIE
12.1.10. Fortescue Future Industries
12.1.11. FuelPositive Corporation
12.1.12. Haldor Topsoes Allé 1
12.1.13. Hive Energy Ltd.
12.1.14. Hy2gen AG
12.1.15. ITM Power PLC
12.1.16. Jupiter Ionics Pty Ltd
12.1.17. Maire Tecnimont SpA
12.1.18. MAN Energy Solutions SE
12.1.19. McPhy Energy S.A.
12.1.20. Merck KGaA
12.1.21. Nanjing Kapsom Engineering Limited
12.1.22. Nel ASA
12.1.23. Saudi Arabian Oil Co.
12.1.24. Siemens AG
12.1.25. Stamicarbon B.V.
12.1.26. Starfire Energy
12.1.27. ThyssenKrupp AG
12.1.28. Yara International ASA
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
FIGURE 1. GREEN AMMONIA MARKET RESEARCH PROCESS
FIGURE 2. GREEN AMMONIA MARKET SIZE, 2023 VS 2030
FIGURE 3. GREEN AMMONIA MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. GREEN AMMONIA MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. GREEN AMMONIA MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. GREEN AMMONIA MARKET DYNAMICS
FIGURE 7. GREEN AMMONIA MARKET SIZE, BY PRODUCTION PROCESS, 2023 VS 2030 (%)
FIGURE 8. GREEN AMMONIA MARKET SIZE, BY PRODUCTION PROCESS, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. GREEN AMMONIA MARKET SIZE, BY END-USE, 2023 VS 2030 (%)
FIGURE 10. GREEN AMMONIA MARKET SIZE, BY END-USE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS GREEN AMMONIA MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS GREEN AMMONIA MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES GREEN AMMONIA MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES GREEN AMMONIA MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC GREEN AMMONIA MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC GREEN AMMONIA MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA GREEN AMMONIA MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA GREEN AMMONIA MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. GREEN AMMONIA MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. GREEN AMMONIA MARKET SHARE, BY KEY PLAYER, 2023

Pricing

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