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Green Ammonia Market Outlook 2028

  • ID: 5401650
  • Report
  • July 2021
  • Region: Global
  • 149 Pages
  • Research Nester Pvt. Ltd

FEATURED COMPANIES

  • ITM Power
  • MAN Energy Solutions SE
  • McPhy Energy S.A.
  • Nel ASA
  • Siemens AG

Green ammonia is derived from renewable energy sources. The production of green ammonia uses hydrogen sourced from renewable energy source instead of natural gas or coal and thereby reduces greenhouse gas emissions. It is a renewable and carbon-free ammonia production process. The global green ammonia market is estimated to grow with a CAGR of 62.84% during the forecast period, i.e., 2021-2028. Factors such as the growing concern for environmental pollution caused due to the rising greenhouse gas emissions from the production of ammonia from conventional fossil fuels is one of the major factors anticipated to drive the market growth. Further, the increasing adoption of energy-efficient technologies for the production of ammonia is also anticipated to create numerous opportunities for market growth during the forecast period. Green ammonia is used across various industries as a building block such as fabrics, pesticides, fertilizer, plastics, explosives, and dyes in residential and commercials applications and it is the 2nd most-produced chemical globally. As a result, it is very important to monitor the amount of GHG emissions emitted from the manufacturing of ammonia, which in turn is anticipated to drive the market growth. The market is further projected to garner a revenue of close to USD 850 Million by the end of 2028 from a value of around USD 13 Million in 2019.

The global green ammonia market is segmented by numerous segments, and include segmentation by technology, application, and by region. The technology segment is bifurcated into alkaline water electrolysis, proton exchange membrane, and solid oxide electrolysis. Out of these segments, the solid oxide electrolysis segment is anticipated to hold the largest market share throughout the forecast period and further attain a market revenue of around USD 496 Million by the end of 2028.

Some of the market players in the global green ammonia market that are mentioned in our report are Nel ASA, Siemens AG, ITM Power, thyssenkrupp Industrial Solutions, MAN Energy Solutions SE, McPhy Energy S.A., and others.

Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ITM Power
  • MAN Energy Solutions SE
  • McPhy Energy S.A.
  • Nel ASA
  • Siemens AG
1. Introduction
1.1. Market Definition
1.2. Market Segmentation
1.3. Product Overview

2. Assumptions and Acronyms

3. Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation

4. Executive Summary- Global Green Ammonia Market

5. Regulatory Landscape

6. Market Lineage Outlook

7. Market Dynamics
7.1. Drivers
7.2. Restraints
7.3. Trends
7.4. Opportunities

8. Raw Material Outlook

9. Impact of Covid-19 on Green Ammonia Market

10. Company Profiles
10.1. Nel ASA
10.2. Siemens AG
10.3. ITM Power
10.4. thyssenkrupp Industrial Solutions
10.5. MAN Energy Solutions SE
10.6. McPhy Energy S.A.

11. Global Green Ammonia Market Outlook
11.1. Market Size and Forecast, 2019-2028
11.1.1. By Value (USD Million), 2019-2028F
11.1.2. By Volume (Tons), 2019-2028F
11.1.3. Price Trend Analysis
11.1.4. Market Segmentation
11.1.5. By Technology
11.1.5.1. Alkaline Water Electrolysis, Proton Exchange Membrane, Solid Oxide Electrolysis, 2019-2028F (USD Million)
11.1.6. By Application
11.1.6.1. Industrial Feedstock, Green Fertilizer, Marine Fuel, Power Generation, Others, 2019-2028F (USD Million & Tons)
11.1.7. By Region
11.1.7.1. North America, Europe, Asia Pacific, Rest of the World, 2019-2028F (USD Million & Tons)

12. North America Green Ammonia Market Outlook
12.1. Market Size, By Value & Volume (USD Million & Tons)
12.2. Market Overview
12.3. By Technology
12.3.1. Alkaline Water Electrolysis, Proton Exchange Membrane, Solid Oxide Electrolysis, 2019-2028F (USD Million)
12.4. By Application
12.4.1. Industrial Feedstock, Green Fertilizer, Marine Fuel, Power Generation, Others, 2019-2028F (USD Million & Tons)
12.5. By Country
12.5.1. US, Canada, 2019-2028F (USD Million & Tons)

13. US Green Ammonia Market
13.1. By Technology
13.1.1. Alkaline Water Electrolysis, Proton Exchange Membrane, Solid Oxide Electrolysis, 2019-2028F (USD Million)
13.2. By Application
13.2.1. Industrial Feedstock, Green Fertilizer, Marine Fuel, Power Generation, Others, 2019-2028F (USD Million)

14. Canada Green Ammonia Market
14.1. By Technology
14.1.1. Alkaline Water Electrolysis, Proton Exchange Membrane, Solid Oxide Electrolysis, 2019-2028F (USD Million)
14.2. By Application
14.2.1. Industrial Feedstock, Green Fertilizer, Marine Fuel, Power Generation, Others, 2019-2028F (USD Million)

15. Europe Green Ammonia Market Outlook
15.1. Market Size, By Value & Volume (USD Million & Tons)
15.2. Market Overview
15.3. By Technology
15.3.1. Alkaline Water Electrolysis, Proton Exchange Membrane, Solid Oxide Electrolysis, 2019-2028F (USD Million)
15.4. By Application
15.4.1. Industrial Feedstock, Green Fertilizer, Marine Fuel, Power Generation, Others, 2019-2028F (USD Million & Tons)
15.5. By Country
15.5.1. UK, Germany, Netherlands, Rest of Europe, 2019-2028F (USD Million & Tons)

16. UK Green Ammonia Market
16.1. By Technology
16.1.1. Alkaline Water Electrolysis, Proton Exchange Membrane, Solid Oxide Electrolysis, 2019-2028F (USD Million)
16.2. By Application
16.2.1. Industrial Feedstock, Green Fertilizer, Marine Fuel, Power Generation, Others, 2019-2028F (USD Million)

17. Germany Green Ammonia Market
17.1. By Technology
17.1.1. Alkaline Water Electrolysis, Proton Exchange Membrane, Solid Oxide Electrolysis, 2019-2028F (USD Million)
17.2. By Application
17.2.1. Industrial Feedstock, Green Fertilizer, Marine Fuel, Power Generation, Others, 2019-2028F (USD Million)

18. Netherlands Green Ammonia Market
18.1. By Technology
18.1.1. Alkaline Water Electrolysis, Proton Exchange Membrane, Solid Oxide Electrolysis, 2019-2028F (USD Million)
18.2. By Application
18.2.1. Industrial Feedstock, Green Fertilizer, Marine Fuel, Power Generation, Others, 2019-2028F (USD Million)

19. Rest of Europe Green Ammonia Market
19.1. By Technology
19.1.1. Alkaline Water Electrolysis, Proton Exchange Membrane, Solid Oxide Electrolysis, 2019-2028F (USD Million)
19.2. By Application
19.2.1. Industrial Feedstock, Green Fertilizer, Marine Fuel, Power Generation, Others, 2019-2028F (USD Million)

20. Asia Pacific Green Ammonia Market Outlook
20.1. Market Size, By Value & Volume (USD Million & Tons)
20.2. Market Overview
20.3. By Technology
20.3.1. Alkaline Water Electrolysis, Proton Exchange Membrane, Solid Oxide Electrolysis, 2019-2028F (USD Million)
20.4. By Application
20.4.1. Industrial Feedstock, Green Fertilizer, Marine Fuel, Power Generation, Others, 2019-2028F (USD Million & Tons)
20.5. By Country
20.5.1. China, Japan, Australia, Rest of APAC, 2019-2028F (USD Million & Tons)

21. China Green Ammonia Market
21.1. By Technology
21.1.1. Alkaline Water Electrolysis, Proton Exchange Membrane, Solid Oxide Electrolysis, 2019-2028F (USD Million)
21.2. By Application
21.2.1. Industrial Feedstock, Green Fertilizer, Marine Fuel, Power Generation, Others, 2019-2028F (USD Million)

22. Japan Green Ammonia Market
22.1. By Technology
22.1.1. Alkaline Water Electrolysis, Proton Exchange Membrane, Solid Oxide Electrolysis, 2019-2028F (USD Million)
22.2. By Application
22.2.1. Industrial Feedstock, Green Fertilizer, Marine Fuel, Power Generation, Others, 2019-2028F (USD Million)

23. Australia Green Ammonia Market
23.1. By Technology
23.1.1. Alkaline Water Electrolysis, Proton Exchange Membrane, Solid Oxide Electrolysis, 2019-2028F (USD Million)
23.2. By Application
23.2.1. Industrial Feedstock, Green Fertilizer, Marine Fuel, Power Generation, Others, 2019-2028F (USD Million)

24. Rest of Asia Pacific Green Ammonia Market
24.1. By Technology
24.1.1. Alkaline Water Electrolysis, Proton Exchange Membrane, Solid Oxide Electrolysis, 2019-2028F (USD Million)
24.2. By Application
24.2.1. Industrial Feedstock, Green Fertilizer, Marine Fuel, Power Generation, Others, 2019-2028F (USD Million)

25. Rest of The World Green Ammonia Market Outlook
25.1. Market Size, By Value & Volume (USD Million & Tons)
25.2. Market Overview
25.3. By Technology
25.3.1. Alkaline Water Electrolysis, Proton Exchange Membrane, Solid Oxide Electrolysis, 2019-2028F (USD Million)
25.4. By Application
25.4.1. Industrial Feedstock, Green Fertilizer, Marine Fuel, Power Generation, Others, 2019-2028F (USD Million & Tons)
Note: Product cover images may vary from those shown
  • Nel ASA
  • Siemens AG
  • ITM Power
  • thyssenkrupp Industrial Solutions
  • MAN Energy Solutions SE
  • McPhy Energy S.A.
Note: Product cover images may vary from those shown
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