Global Clean Ammonia (Blue and Green) Market TOC
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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.
Author Credits: Dhruv Bhatia
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