Green Ammonia Market Size 2026-2030
The green ammonia market size is valued to increase by USD 6.45 billion, at a CAGR of 92.8% from 2025 to 2030. Intensifying global decarbonization mandates and supportive governmental policies will drive the green ammonia market.
Major Market Trends & Insights
- Europe dominated the market and accounted for a 32.5% growth during the forecast period.
- By Application - Power generation segment was valued at USD 73.95 million in 2024
- By Technology - Alkaline water electrolysis segment accounted for the largest market revenue share in 2024
Market Size & Forecast
- Market Opportunities:
- Market Future Opportunities: USD 6.45 billion
- CAGR from 2025 to 2030 : 92.8%
Market Summary
What will be the Size of the Green Ammonia Market during the forecast period?
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How is the Green Ammonia Market Segmented?
The green ammonia industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD thousand" for the period 2026-2030, as well as historical data from 2020-2024 for the following segments.
- Application
- Power generation
- Transportation
- Industrial feedstock
- Others
- Technology
- Alkaline water electrolysis
- Proton exchange membrane
- Solid oxide electrolysis
- Product type
- Liquid
- Gas
- Geography
- Europe
- Germany
- France
- Italy
- North America
- US
- Canada
- Mexico
- APAC
- Australia
- Japan
- China
- South America
- Brazil
- Argentina
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of World (ROW)
- Europe
By Application Insights
The power generation segment is estimated to witness significant growth during the forecast period.
The Power generation segment was valued at USD 73.95 million in 2024 and showed a gradual increase during the forecast period.
Regional Analysis
Europe is estimated to contribute 32.5% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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Market Dynamics
Our researchers analyzed the data with 2025 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
What are the key market drivers leading to the rise in the adoption of Green Ammonia Industry?
What are the market trends shaping the Green Ammonia Industry?
What challenges does the Green Ammonia Industry face during its growth?
Exclusive Technavio Analysis on Customer Landscape
The green ammonia market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the green ammonia market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape of Green Ammonia Industry
Competitive Landscape
Companies are implementing various strategies, such as strategic alliances, green ammonia market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
AquaHydrex Inc. -
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
- AquaHydrex Inc.
- BASF SE
- CF Industries Holdings Inc.
- Cummins Inc.
- Enapter S.r.l.
- ENGIE SA
- Greenfield Nitrogen LLC
- Hiringa Energy Ltd
- ITM Power PLC
- MAIRE S.p.A.
- MAN Energy Solutions SE
- McPhy Energy SA
- Nel ASA
- OCI NV
- Siemens AG
- thyssenkrupp AG
- Topsoes AS
- Uniper SE
- Yara International ASA
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Recent Development and News in Green ammonia market
Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Green Ammonia Market insights. See full methodology.
| Market Scope | |
|---|---|
| Page number | 297 |
| Base year | 2025 |
| Historic period | 2020-2024 |
| Forecast period | 2026-2030 |
| Growth momentum & CAGR | Accelerate at a CAGR of 92.8% |
| Market growth 2026-2030 | USD 6449722.7 thousand |
| Market structure | Fragmented |
| YoY growth 2025-2026(%) | 85.0% |
| Key countries | Germany, France, Italy, UK, Spain, The Netherlands, US, Canada, Mexico, Australia, Japan, China, India, South Korea, Indonesia, Brazil, Chile, Argentina, Saudi Arabia, UAE, South Africa, Israel and Turkey |
| Competitive landscape | Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Research Analyst Overview
What are the Key Data Covered in this Green Ammonia Market Research and Growth Report?
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What is the expected growth of the Green Ammonia Market between 2026 and 2030?
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USD 6.45 billion, at a CAGR of 92.8%
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What segmentation does the market report cover?
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The report is segmented by Application (Power generation, Transportation, Industrial feedstock, and Others), Technology (Alkaline water electrolysis, Proton exchange membrane, and Solid oxide electrolysis), Product Type (Liquid, and Gas) and Geography (Europe, North America, APAC, South America, Middle East and Africa)
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Which regions are analyzed in the report?
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Europe, North America, APAC, South America and Middle East and Africa
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What are the key growth drivers and market challenges?
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Intensifying global decarbonization mandates and supportive governmental policies, High production costs and economic viability
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Who are the major players in the Green Ammonia Market?
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AquaHydrex Inc., BASF SE, CF Industries Holdings Inc., Cummins Inc., Enapter S.r.l., ENGIE SA, Greenfield Nitrogen LLC, Hiringa Energy Ltd, ITM Power PLC, MAIRE S.p.A., MAN Energy Solutions SE, McPhy Energy SA, Nel ASA, OCI NV, Siemens AG, thyssenkrupp AG, Topsoes AS, Uniper SE and Yara International ASA
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Market Research Insights
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