Global Green Ammonia Market Overview: 2025-2030
Base Year: 2024
Historical Years: 2020–23
Forecast Years: 2025-2030
The Global Green Ammonia Market size is valued at around USD 392 million in 2024 and is projected to grow at a CAGR of around 54% during the forecast period, i.e., 2025-30.
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Global Green Ammonia Market Dynamics: 2025-2030
Global Green Ammonia Market Key Driver:
Mounting Need to Utilize Cleaner Solutions across Industries - Driven by the escalating demand for long-term storage of renewable energy, the Global Green Ammonia Market is anticipated to exemplify an upward trajectory based upon the immense potential in preventing further withering of climate and environment from renewable energy generation seems, overpowering fossil-based power generation. It, in turn, is augmenting the demand for green hydrogen & directly influencing the requirement for green ammonia.
Moreover, increased consumer awareness & a growing affinity for sustainable products shall also bolster the market growth in the future, backed by the mounting necessity to choose greener solutions like green ammonia. Additionally, strict regulations for carbon footprints & large influx of funds for green ammonia production plants shall further accelerate the market growth pace in the future.
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Global Green Ammonia Market (2025-30): Segmentation Outlook
The market report has segmented the market into the following categories:
By Type
-Wind
-Solar
-Biofuels
By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia Pacific.
Here, Europe is anticipated to dominate the market with the largest share during the forecast period.
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Top Companies Operating in the Global Green Ammonia Market:
-Yara International
-Aker Horizons
-Air Products
-CF Industries
-NEOM Green Hydrogen Company
-Skovgaard Energy
-Meridian Energy
-Woodside Energy
-Hive Energy
-CWP Global
-Intercontinental Energy.
Industry Recent Development:
- In 2023, Hy2gen unveiled its plans to produce green ammonia as a fuel for the marine industry. The company is an international firm that specializes in planning, constructing, and running facilities to produce green hydrogen and its derivatives.
- In 2021, HEGRA, abbreviated for HErøya GReen Ammonia, was set up in Norway, intending to decarbonize and electrify the ammonia plant at Herøya, thereby facilitating the large-scale production of green ammonia. The co-owners, including Yara, Aker Clean Hydrogen, and Statkraft, claimed it to be Norway’s largest climate initiative.
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