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Green Ammonia Market by Technology (Alkaline Water Electrolysis (AWE), Proton Exchange Membrane (PEM) Electrolysis, Solid Oxide Electrolysis), End-Use Application (Transportation, Power Generation, Industrial Feedstock) & Region - Global Forecast to 2030

Publisher MarketsandMarkets
Published Feb 23, 2023
Length 216 Pages
SKU # MKMK17784690

Description

Green Ammonia Market by Technology (Alkaline Water Electrolysis (AWE), Proton Exchange Membrane (PEM) Electrolysis, Solid Oxide Electrolysis), End-Use Application (Transportation, Power Generation, Industrial Feedstock) & Region - Global Forecast to 2030

The green ammonia market is estimated to grow from USD 0.3 billion in 2023 to USD 17.9 billion by 2030, at a CAGR of 72.9% during the forecast period. The primary drivers of the market include the rising demand for combined heat and power plants for small-scale applications.

“Solid oxide electrolysis technology segment to be fastest-growing market from 2023 to 2030”

The green ammonia market, by technology, is alkaline water electrolysis, proton exchange membrane electrolysis, and solid oxide electrolysis. The proton exchange membrane electrolysis is expected to be the second-largest segment as proton exchange membrane electrolysis has high efficiency in producing green hydrogen.

“Industrial Feedstocks, by application, expected to be largest market from 2023 to 2030”

The green ammonia market, by application, is bifurcated into power generation, transportation and industrial feedstocks. The industrial feedstocks segment is expected to be the largest market, followed by power generation during the forecast period. This dominance is because of the need for green fertilizers in agricultural industries.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:

By Company Type: Tier 1- 60%, Tier 2- 25%, and Tier 3- 15%

By Designation: C-Level- 35%, Director Level- 25%, and Others- 40%

By Region: Asia Pacific – 30%, North America – 25%, Europe – 25%, and Rest of the World – 20%

Note: Other designations include sales managers, marketing managers, product managers, and product engineers.

The tier of the companies is defined based on their total revenue as of 2017. Tier 1: USD 1 billion and above, Tier 2: From USD 500 million to USD 1 billion, and Tier 3:

The Green ammonia market is dominated by a few major players that have a wide regional presence. The leading players in the green ammonia market are Siemens Energy (Germany), NEL ASA (Norway), thyssenKrupp AG (Germany), ITM Power (UK), YARA International (Norway), BASF SE (Germany).

Study Coverage:

The report defines, describes, and forecasts the green ammonia market, by technology, application, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market, which include the analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the green ammonia market.

Key Benefits of Buying the Report

1. The report identifies and addresses the key markets for green ammonia operations and services, which would help equipment manufacturers and service providers review the growth in demand.

2. The report helps system providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.

3. The report will help key players understand the strategies of their competitors better and help them to make better strategic decisions.

Table of Contents

216 Pages
    • STUDY OBJECTIVES
    • MARKET DEFINITION
    • MARKET SCOPE
    • CURRENCY CONSIDERED
    • LIMITATIONS
    • STAKEHOLDERS
    • SUMMARY OF CHANGES
    • IMPACT OF RECESSION ON DIFFERENT GEOGRAPHIES
    • RESEARCH DATA
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • MARKET SIZE ESTIMATION
    • FORECAST
    • IMPACT OF RECESSION
    • GREEN AMMONIA MARKET SNAPSHOT
    • ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN GREEN AMMONIA MARKET
    • GREEN AMMONIA MARKET, BY REGION
    • GREEN AMMONIA MARKET IN EUROPE, BY END-USE APPLICATION AND COUNTRY, 2022
    • GREEN AMMONIA MARKET, BY TECHNOLOGY
    • GREEN AMMONIA MARKET, BY END-USE APPLICATION
    • INTRODUCTION
    • MARKET DYNAMICS
    • TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
    • VALUE/SUPPLY CHAIN ANALYSIS
    • MARKET MAP
    • TECHNOLOGY ANALYSIS
    • PATENT ANALYSIS
    • TARIFF AND REGULATORY FRAMEWORK
    • KEY CONFERENCES AND EVENTS, 2023
    • TRADE ANALYSIS
    • PRICING ANALYSIS
    • CASE STUDY ANALYSIS
    • PORTER'S FIVE FORCES ANALYSIS
    • KEY STAKEHOLDERS AND BUYING CRITERIA
    • NECESSARY ELEMENTS TO PRODUCE GREEN AMMONIA
    • INTRODUCTION
    • ALKALINE WATER ELECTROLYSIS
    • PROTON EXCHANGE MEMBRANE (PEM) ELECTROLYSIS
    • SOLID OXIDE ELECTROLYSIS (SOE)
    • INTRODUCTION
    • POWER GENERATION
    • TRANSPORTATION
    • INDUSTRIAL FEEDSTOCK
    • INTRODUCTION
    • EUROPE
    • ASIA PACIFIC
    • NORTH AMERICA
    • REST OF THE WORLD
    • OVERVIEW
    • INDUSTRY CONCENTRATION
    • MARKET EVALUATION FRAMEWORK
    • ANALYSIS OF SEGMENTAL REVENUE OF TOP MARKET PLAYERS
    • RECENT DEVELOPMENTS
    • COMPANY EVALUATION QUADRANT, 2021
    • START-UPS/SMES EVALUATION QUADRANT, 2021
    • COMPETITIVE BENCHMARKING
    • TECHNOLOGY PROVIDERS
    • OTHER TECHNOLOGY PROVIDERS
    • CHEMICAL PROVIDERS
    • AMMONIA PLANT EPC COMPANIES
    • INSIGHTS FROM INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • CUSTOMIZATION OPTIONS
    • RELATED REPORTS
    • AUTHOR DETAILS
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