North American Green ammonia Market Trends, Size, Competitive Analysis and Forecast 2021-2027

 

The North American green ammonia market is anticipated to grow at a significant CAGR of 6.8% 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 April 2021, CF Industries Holdings, has signed a contract with Thyssenkrupp for a 20MW green hydrogen project at its factory in Louisiana. The engineering and procurement contract is for the supply of an alkaline water electrolysis plant to produce green hydrogen at CF Industries’ Donaldsonville manufacturing complex. When complete in 2023, the Donaldsonville green ammonia project will be the largest of its kind in North America. Over the next 3 years, the company will spend $100 million to convert 20,000 tonnes per year of conventional ammonia at its flagship plant in Donaldsonville, Louisiana, to green by installing electrolyzers. 

Market Coverage

·         The market number available for – 2020-2027

·         Base year- 2020

·         Forecast period- 2021-2027

Segment Covered- 

·         By Technology

·         By Application

·         Competitive Landscape- CF Industries Holdings, Inc., Green Hydrogen Systems, Hiringa Energy Ltd., Siemens AG

Key questions addressed by the report

·         What is the market growth rate?

·         Which segment dominates the market in the base year?

·         Which segment will project the fastest growth in the market?

·         How COVID-19 impacted the market?

·         Deviation from the pre-COVID-19 forecast

·         Most affected segment

·         Who is the leader in the market?

·         How players are addressing challenges to sustain growth?

·         Where is the investment opportunity?

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A full Report of North American Green ammonia Market is Available at:  https://www.omrglobal.com/industry-reports/north-american-green-ammonia-market

North American 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)

North American Green Ammonia Market Report Segment by Region

·         United States

·         Canada

Company Profiles 

·         Green Hydrogen Systems

·         Haldor Topsøe A/S

·         Hiringa Energy Ltd.

·         Hydrogenics (Cummins Inc.)

·         Queensland Nitrates Pty Ltd.

·         Siemens AG

·         CF Industries Holdings, Inc.

·         Yara International

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.

For More Customized Data, Request for Report Customization @  https://www.omrglobal.com/report-customization/north-american-green-ammonia-market

About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

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