Global Clean Ammonia (Blue and Green) Market TOC
- An Outline of the Global Clean Ammonia (Blue and Green) Market
- Market Definition
- Market Segmentation
- Industry Overview
- Assumptions & Abbreviations
- Research Methodology & Approach
- Research Process
- Primary Research
- Manufacturers
- End Users
- Secondary Research
- Market Size Estimation
- Summary of the Report for Key Decision Makers
- Forces of Market Constituents
- Factors/drivers impacting the growth of the market
- Market trends for better business practices
- Key Market Opportunities for Business Growth
- Major Roadblocks for the Market Growth
- Decarbonization Strategy and Carbon Credit Benefits for Market Players
- Global Government Decarbonization Plans/Goals by Each Country under 2015 Agreement Agreed by 200 Countries
- Measures taken by Countries to Reduce Carbon Footprints
- Carbon Credits and Subsidy Plans/Benefits Rolled out by the Government for Market Players
- Effective Ways to Harness Carbon-Credits and Impact on Profit Margins
- Demand Impact on the Companies Opting for Carbon Credits
- Government Regulation: How They Would aid Business?
- Technology Transition and Adoption Analysis
- Industry Risk Analysis
- Global Economic Outlook: Challenges for Global Recovery and its Impact on Global Clean Ammonia (Blue and Green) Market
- Ukraine-Russia crisis
- Potential US economic slowdown
- Industry Pricing Benchmarking and Analysis
- Analysis of Clean Ammonia (Blue and Green) Production Technologies
- Regional Demand Analysis
- Industry Growth Outlook
- Industry Supply Chain Analysis
- Trade Outlook
- Analysis of Ongoing Trends and Recent Development in Clean Ammonia (Blue and Green) Market
- Impact of Recession on the Global Economy
- Recent News and Developments
- Analysis of the Emerging Role of Blue and Green Ammonia in Decarbonization
- Strategic Development
- Analysis of Clean Ammonia (Blue and Green) Project Outlook
- Application Analysis
- Comparative Analysis
- New Technology and Trend Analysis
- Competitive Positioning: Strategies to Differentiate a Company From its Competitor
- Competitive Model: A Detailed Inside View for Investors
- Company Market Share (2022)
- Business Profile of Key Enterprise
- CF Industries Holdings, Inc.
- Nutrien Ltd.
- Yara International ASA
- Air Liquide Engineering & Construction
- Aramco
- Abu Dhabi National Oil Company (ADNOC)
- ITOCHU Corporation
- Siemens Energy
- BASF SE
- Casale SA
- Hydrofuel Inc
- Other key players
- Global Clean Ammonia (Blue and Green) Market Outlook
- Market Overview
- Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
- Year-on-Year (YoY) Growth Trend Analysis
- Global Clean Ammonia (Blue and Green) Market Outlook & Projections, Opportunity Assessment by Segment, 2023-2036
By Type
- Green, Market Value (USD Million) and CAGR, 2023-2036F
- Blue, Market Value (USD Million) and CAGR, 2023-2036F
- Global Clean Ammonia (Blue and Green) Market Outlook & Projections, Opportunity Assessment by Segment, 2023-2036
By Technology
- Sub-segmented by Water Electrolysis, Market Value (USD Million) and CAGR, 2023-2036F
- Proton Exchange Membrane Electrolyzer, Market Value (USD Million) and CAGR, 2023-2036F
- Alkaline Electrolyzer, Market Value (USD Million) and CAGR, 2023-2036F
- Others (Solid Oxide, Anion Exchange Membrane), Market Value (USD Million) and CAGR, 2023-2036F
- Methane Pyrolysis, Market Value (USD Million) and CAGR, 2023-2036F
- Steam Methane Reforming (SMR), Market Value (USD Million) and CAGR, 2023-2036F
- Autothermal Reforming (ATR), Market Value (USD Million) and CAGR, 2023-2036F
- Dry Methane Reforming (DMR), Market Value (USD Million) and CAGR, 2023-2036F
- Partial Oxidation, Market Value (USD Million) and CAGR, 2023-2036F
- Global Clean Ammonia (Blue and Green) Market Segmentation Analysis (2023-2036)
By Application
- Agriculture, Market Value (USD Million) and CAGR, 2023-2036F
- Power & Energy, Market Value (USD Million) and CAGR, 2023-2036F
- Food & Beverage, Market Value (USD Million) and CAGR, 2023-2036F
- Pharmaceuticals, Market Value (USD Million) and CAGR, 2023-2036F
- Beauty & Personal Care, Market Value (USD Million) and CAGR, 2023-2036F
- Mining & Metallurgy, Market Value (USD Million) and CAGR, 2023-2036F
- Others, Market Value (USD Million) and CAGR, 2023-2036F
- Global Clean Ammonia (Blue and Green) Market Segmentation Analysis (2023-2036)
By Geography
- North America, Market Value (USD Million) and CAGR, 2023-2036F
- Europe, Market Value (USD Million) and CAGR, 2023-2036F
- Asia Pacific, Market Value (USD Million) and CAGR, 2023-2036F
- Latin America, Market Value (USD Million) and CAGR, 2023-2036F
- Middle East & Africa, Market Value (USD Million) and CAGR, 2023-2036F
- Cross Analysis of Type w.r.t. Technology (USD Million), 2022
- North America Clean Ammonia (Blue and Green) Market Outlook
- Market Overview
- Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
- North America Clean Ammonia (Blue and Green) Market Outlook & Projections, Opportunity Assessment by Segment, 2023-2036
By Type
- Green, Market Value (USD Million) and CAGR, 2023-2036F
- Blue, Market Value (USD Million) and CAGR, 2023-2036F
- North America Clean Ammonia (Blue and Green) Market Outlook & Projections, Opportunity Assessment by Segment, 2023-2036
By Technology
- Sub-segmented by Water Electrolysis, Market Value (USD Million) and CAGR, 2023-2036F
- Proton Exchange Membrane Electrolyzer, Market Value (USD Million) and CAGR, 2023-2036F
- Alkaline Electrolyzer, Market Value (USD Million) and CAGR, 2023-2036F
- Others (Solid Oxide, Anion Exchange Membrane), Market Value (USD Million) and CAGR, 2023-2036F
- Methane Pyrolysis, Market Value (USD Million) and CAGR, 2023-2036F
- Steam Methane Reforming (SMR), Market Value (USD Million) and CAGR, 2023-2036F
- Autothermal Reforming (ATR), Market Value (USD Million) and CAGR, 2023-2036F
- Dry Methane Reforming (DMR), Market Value (USD Million) and CAGR, 2023-2036F
- Partial Oxidation, Market Value (USD Million) and CAGR, 2023-2036F
- North America Clean Ammonia (Blue and Green) Market Segmentation Analysis (2023-2036)
By Application
- Agriculture, Market Value (USD Million) and CAGR, 2023-2036F
- Power & Energy, Market Value (USD Million) and CAGR, 2023-2036F
- Food & Beverage, Market Value (USD Million) and CAGR, 2023-2036F
- Pharmaceuticals, Market Value (USD Million) and CAGR, 2023-2036F
- Beauty & Personal Care, Market Value (USD Million) and CAGR, 2023-2036F
- Mining & Metallurgy, Market Value (USD Million) and CAGR, 2023-2036F
- Others, Market Value (USD Million) and CAGR, 2023-2036F
- North America Clean Ammonia (Blue and Green) Market Segmentation Analysis (2023-2036)
By Country
- US, Market Value (USD Million) and CAGR, 2023-2036F
- Canada, Market Value (USD Million) and CAGR, 2023-2036F
- Europe Clean Ammonia (Blue and Green) Market Outlook
- Market Overview
- Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
- Europe Clean Ammonia (Blue and Green) Market Outlook & Projections, Opportunity Assessment by Segment, 2023-2036
By Type
- Europe Clean Ammonia (Blue and Green) Market Outlook & Projections, Opportunity Assessment by Segment, 2023-2036
By Technology
- Europe Clean Ammonia (Blue and Green) Market Segmentation Analysis (2023-2036)
By Application
- Europe Clean Ammonia (Blue and Green) Market Segmentation Analysis (2023-2036)
By Country
- UK, Market Value (USD Million) and CAGR, 2023-2036F
- Germany, Market Value (USD Million) and CAGR, 2023-2036F
- France, Market Value (USD Million) and CAGR, 2023-2036F
- Italy, Market Value (USD Million) and CAGR, 2023-2036F
- Spain, Market Value (USD Million) and CAGR, 2023-2036F
- Russia, Market Value (USD Million) and CAGR, 2023-2036F
- Netherlands, Market Value (USD Million) and CAGR, 2023-2036F
- Rest of Europe, Market Value (USD Million) and CAGR, 2023-2036F
- Asia Pacific Clean Ammonia (Blue and Green) Market Outlook
- Market Overview
- Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
- Asia Pacific Clean Ammonia (Blue and Green) Market Outlook & Projections, Opportunity Assessment by Segment, 2023-2036
By Type
- Asia Pacific Clean Ammonia (Blue and Green) Market Outlook & Projections, Opportunity Assessment by Segment, 2023-2036
By Technology
- Asia Pacific Clean Ammonia (Blue and Green) Market Segmentation Analysis (2023-2036)
By Application
- Asia Pacific Clean Ammonia (Blue and Green) Market Segmentation Analysis (2023-2036)
By Country
- China, Market Value (USD Million) and CAGR, 2023-2036F
- Japan, Market Value (USD Million) and CAGR, 2023-2036F
- India, Market Value (USD Million) and CAGR, 2023-2036F
- Australia, Market Value (USD Million) and CAGR, 2023-2036F
- South Korea, Market Value (USD Million) and CAGR, 2023-2036F
- Singapore, Market Value (USD Million) and CAGR, 2023-2036F
- Rest of Asia Pacific, Market Value (USD Million) and CAGR, 2023-2036F
- Latin America Clean Ammonia (Blue and Green) Market Outlook
- Market Overview
- Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
- Latin America Clean Ammonia (Blue and Green) Market Outlook & Projections, Opportunity Assessment by Segment, 2023-2036
By Type
- Latin America Clean Ammonia (Blue and Green) Market Outlook & Projections, Opportunity Assessment by Segment, 2023-2036
By Technology
- Latin America Clean Ammonia (Blue and Green) Market Segmentation Analysis (2023-2036)
By Application
- Latin America Clean Ammonia (Blue and Green) Market Segmentation Analysis (2023-2036)
By Country
- Mexico, Market Value (USD Million) and CAGR, 2023-2036F
- Argentina, Market Value (USD Million) and CAGR, 2023-2036F
- Brazil, Market Value (USD Million) and CAGR, 2023-2036F
- Rest of Latin America, Market Value (USD Million) and CAGR, 2023-2036F
- Middle East & Africa Clean Ammonia (Blue and Green) Market Outlook
- Market Overview
- Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
- Middle East & Africa Clean Ammonia (Blue and Green) Market Outlook & Projections, Opportunity Assessment by Segment, 2023-2036
By Type
- Middle East & Africa Clean Ammonia (Blue and Green) Market Outlook & Projections, Opportunity Assessment by Segment, 2023-2036
By Technology
- Middle East & Africa Clean Ammonia (Blue and Green) Market Segmentation Analysis (2023-2036)
By Application
- Middle East & Africa Clean Ammonia (Blue and Green) Market Segmentation Analysis (2023-2036)
By Country
- GCC, Market Value (USD Million) and CAGR, 2023-2036F
- Israel, Market Value (USD Million) and CAGR, 2023-2036F
- South Africa, Market Value (USD Million) and CAGR, 2023-2036F
- Rest of Middle East & Africa, Market Value (USD Million) and CAGR, 2023-2036F
Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Clean Ammonia (Blue and Green) Market size was over USD 2.38 billion in 2024 and is anticipated to cross USD 123.53 billion by 2037, witnessing more than 35.5% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of clean ammonia is estimated at USD 3.92 billion.
The growth of the market can be attributed to the growing need to minimize greenhouse gas emissions. Blue low-carbon ammonia is equivalent to ordinary grey ammonia when used in conjunction with carbon capture, which has the potential to reduce greenhouse gas emissions by more than 90%. Therefore, the clean carbon is been leverages at various sectors in order to reduce the overall emissions.
In addition to these, factors that are believed to fuel the market growth of clean ammonia (blue and green) are rising company’s efforts to advance the technology that manufactures the ammonia even more efficiently. Tsubame BHB is developing catalyst technology that can work at low pressure, making it suitable for the use of electrolytic hydrogen manufactured at normal pressure. The company is also conducting small-scale testing and aims to begin selling modular units with catalysts in 2024.
 Market trends.webp)
Clean Ammonia (Blue and Green) Sector: Growth Drivers and Challenges
Growth Drivers
- Rising Demand for Ammonia– According to the IEA, ammonia demand will increase by 25% by 2050, resulting in a major increase in the clean ammonia (blue and green) market. Ammonia finds its application in several industries, such as chemicals, energy, transportation, and others. With the expansion of these industries, the need for ammonia is also surging.
- Increasing Initiative to Boost the Production of Ammonia– Yara Clean Ammonia and ENGIE collaborated on Project Yuri to create the plant, which will be built alongside the organization's huge anhydrous ammonia manufacturing unit in September 2022.
- Growing Application of Ammonia in Agriculture Fertilizers– All mineral nitrogen fertilizers begin with ammonia as the basic constituent, establishing an interaction between nitrogen in the atmosphere and the food people eat. The usage of ammonia as a chemical fertilizers has had an enormous effect on the world's agricultural systems. Ammonia is used in fertilizers to a greater than 55% extent.
Challenges
- Shortage of Clean Ammonia- Most of the ammonia produced in the world is used in the production of fertilizers or has been traded. There is not enough ammonia left in the world to serve the decarbonization purposes. Therefore, the use of pure ammonia in a huge sector is hampered and thus slows down the market growth.
- High capital investment for infrastructural development
- Insufficient capacity of renewable energy plants to produce both types of clean ammonia
Clean Ammonia (Blue and Green) Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
35.5% |
|
Base Year Market Size (2024) |
USD 2.38 billion |
|
Forecast Year Market Size (2037) |
USD 123.53 billion |
|
Regional Scope |
|
Clean Ammonia (Blue and Green) Segmentation
Type (Green, Blue)
Clean ammonia (blue and green) market from the blue segment is estimated to record at a CAGR of 33.65% over the forecast period. The growth of the segment can be attributed to the rising investment in clean energy and the growing need to reduce carbon emissions from the transportation sector. In 2021, the investment in clean energy is expected to surpass USD 1.7 trillion and mostly will be dedicated to the production of oil. The investment influx will increase the capacity of the facilities and thus boost the production of blue ammonia in the world.
Application (Agriculture, Power & Energy, Food & Beverage, Pharmaceutical, Beauty & Personal Care, Mining & Metallurgy)
The agriculture segment in the clean ammonia (blue and green) market is expected to surpass USD 39.6 billion in the year 2036 by growing at a CAGR of 35.10% over the forecast period. Rising demand for fertilizers to boost food production is majorly driving the growth of the segment. Ammonia is one of the best fertilizers used by farmers, it helps in replenishing the nitrogen present in the soil. Anhydrous ammonia is the most commonly used ammonia fertilizer in the agricultural sector. Moreover, the need to reduce the carbon emissions from the agricultural sector is also expected to drive the segment’s growth. The use of green hydrogen can minimize carbon emissions by approximately 90%, especially for small grain and corn crops.
Our in-depth analysis of the global market includes the following segments:
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Type |
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Technology |
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Application |
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Customize this ReportClean Ammonia (Blue and Green) Industry- Regional Synopsis
APAC Market Forecast
The clean ammonia (blue and green) market in Asia Pacific is projected to be the largest revenue of USD 30.7 billion by the end of 2036. The market in the region is to rise at a CAGR of 36.16% over the projected time frame. The growth of the market in the region can be attributed majorly to the substantial trial of ammonia by incorporating the energy to support the decarbonization goals. Japan plans to use 3 million tonnes (Mt) of ammonia by 2030, which would cofire approximately six GW of power stations powered by coal at a 20 percent cofiring rate. Furthermore, government initiatives to boost the production of green hydrogen are also expected to drive market growth in the region. The Union Cabinet authorized the National Green Hydrogen Mission on January 4, 2022, with the stated goal of making India a world leader in the production and supply of green hydrogen.
Europe Market Statistics
Europe industry is predicted to dominate majority revenue share of 35% by 2037. The market growth in Europe is majorly dependent on the presence of large facilities for ammonia production, this will support the production of both green and blue ammonia. In the EU-27, there are around 32 ammonia factories currently operational. When these facilities are operational at their best, it has the capability to produce nearly 18 million tonnes of ammonia every year. Netherlands and Germany have one of the largest production plants of ammonia.
 Market value.webp)
Companies Dominating the Clean Ammonia (Blue and Green) Landscape
- CF Industries Holdings, Inc.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Nutrien Ltd.
- Yara International ASA
- Air Liquide Engineering & Construction
- Aramco
- Abu Dhabi National Oil Company (ADNOC)
- ITOCHU Corporation
- Siemens Energy
- BASF SE
- Casale SA
- Hydrofuel Inc.
In the News
- CF Industries Holdings, Inc. announced the partnership with Mitsui Co. Ltd. to collaboratively build a production facility of greenfield ammonia in the United States, to contribute to the reduction of emissions of carbon.
- IHI Corporation has signed a joint agreement with Gentari Hydrogen Sdn Bhd, to determine the feasibility of leveraging the solar resources of Malaysia for the production and commercialization of green ammonia.
Author Credits: Dhruv Bhatia
- Report ID: 5261
- Published Date: Dec 20, 2024
- Report Format: PDF, PPT
