Green Ammonia Market Size, Share, Analysis, Industry Report and Forecast 2021-2027
The global green ammonia market is anticipated to grow at a significant CAGR of 7.8% during the forecast period (2021-2027). Ammonia has nine times the energy density of Li-ion batteries, and three times that of compressed hydrogen, creating potential as a carbon-free energy carrier. Although, the ammonia as a fertilizer has a well-established market; the market for green ammonia is still on its traction to grow across the globe. The green ammonia offers several benefits as a power generation source and transportation fuel; therefore, key players of the market are investing in the green ammonia projects to exploit the actual potential of the green ammonia market.
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For instance, in March 2021, Haldor
Topsoe announced to develop green ammonia for marine fuel in Germany. The
project is leded by Aquamarine Investment Partners and manager of private
capital. They signed an MoU with the Danish company Haldor Topsoe, which is
working on several projects to produce green hydrogen, green ammonia,
eMethanol, and green fuels. The plant is expected to developin multiple stages
using Topsoe’s proprietary solid oxide electrolyzer cells (SOEC) to produce
green hydrogen from 100 megawatts of renewable electricity. The hydrogen
will be further processed using Topsoe technology to produce 300 tons/day of green
ammonia. The ammonia can then be used as a green marine fuel or as fertilizer.
The plant is expected to be operational by 2024.
A
full Report of Green Ammonia Market is Available at: https://www.omrglobal.com/industry-reports/green-ammonia-market
Market
Coverage
·
The
market number available for – 2020-2027
·
Base
year- 2020
·
Forecast
period- 2021-2027
Segment
Covered-
·
By
Technology
·
By
Application
Regions
Covered-
·
North
America
·
Europe
·
Asia-Pacific
·
Rest of
the World
·
Competitive
Landscape- Haldor Topsøe A/S, Yara International ASA, CF Industries Holdings,
Inc.
Key questions
addressed by the report
·
What is
the market growth rate?
·
Which
segment and region dominate the market in the base year?
·
Which
segment and region will project the fastest growth in the market?
·
How
COVID-19 impacted the market?
Ø
Deviation
from the pre-COVID-19 forecast
Ø
Most
affected region and segment
·
Who is
the leader in the market?
·
How
players are addressing challenges to sustain growth?
·
Where
is the investment opportunity?
Global Green
ammonia Market Report Segment
By Technology
·
Alkaline
Water Electrolysis (AWE)
·
Proton
Exchange Membrane (PEM)
·
Solid
Oxide Electrolysis (SOE)
By
Application
·
Transportation
Fuel
·
Power
Generation and Energy Storage
·
Fertilizer
·
Other
(Textile & Pharmaceuticals, Explosives, Refrigeration & Heat Transfer
Application)
Global Green
Ammonia Market Report Segment by Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of The World
·
Latin America
·
Middle
East & Africa
Company
Profiles
·
Enapter
GmbH
·
Green
Hydrogen Systems
·
Haldor
Topsøe A/S
·
Hiringa
Energy Ltd.
·
Hydrogenics
(Cummins Inc.)
·
ITM
Power Plc
·
Man
Energy Solutions SE
·
MCPHY
Energy SAS
·
Nel
Hydrogen AS
·
Queensland
Nitrates Pty Ltd.
·
Siemens
AG
·
Thyssenkrupp
Industrial Solutions AG
·
Uniper
SE
·
Yara
International ASA
·
Proton
Ventures BV
·
Grieg
Edge AS
·
CF
Industries Holdings, Inc.
Reasons to Buy from us –
1. We cover more than
15 major industries, further segmented into more than 90 sectors.
2. More than 120
countries are for analysis.
3. Over 100+ paid
data sources mined for investigation.
4. Our expert
research analysts answer all your questions before and after purchasing your
report.
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Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/green-ammonia-market
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Market Research
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