Global Blue Ammonia Market

Blue Ammonia Market Size, Share, Growth Analysis, By Production Method (Steam Methane Reforming (SMR), Autothermal Reforming (ATR)), By Application, By End Use Industry, By Region - Industry Forecast 2025-2032


Report ID: SQMIG15B2035 | Region: Global | Published Date: December, 2024
Pages: 242 | Tables: 90 | Figures: 76

Blue Ammonia Market Regional Insights

North America dominated the global market owing to growing emphasis on decreasing carbon emissions and reaching net-zero emissions by the year 2050. The usage of blue ammonia as a low-carbon substitute to liquid fuels and energy sources can help accomplish this objective. The US is the largest producer and consumer of blue ammonia in the region.

The Asia Pacific region is expected to witness the highest growth in the market, owing to the increasing demand for blue ammonia as a source of energy and fertilizer. Countries such as India, China, Japan, and South Korea are the key markets in the region, and are expected to register a high growth rate in the market.. The growing demand from the industrial, agricultural, and energy sectors in the region is expected to fuel the growth of the market in the region.

Europe is expected to be the second-largest contributor to the global blue ammonia market, owing to the increasing demand for blue ammonia as a source of energy and fertilizer. The countries in the region, such as Germany, the UK, and France, are expected to register a high growth rate in the market.

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FAQs

Blue Ammonia Market size was valued at USD 14 Million in 2023 and is poised to grow from USD 14.74 Million in 2024 to USD 22.29 Million by 2032, growing at a CAGR of 5.3% during the forecast period (2025-2032).

The market for blue ammonia is becoming highly competitive as the demand for low- or zero-carbon alternatives grows along a range of industries. 'Yara International (Norway) ', 'CF Industries Holdings, Inc. (US) ', 'Nutrien Ltd. (Canada) ', 'Saudi Arabian Fertilizer Company (SAFCO) (Saudi Arabia) ', 'OCI N.V. (Netherlands) ', 'Abu Dhabi National Oil Company (ADNOC) (UAE) ', 'Mitsubishi Corporation (Japan) ', 'Linde plc (UK) ', 'Air Products and Chemicals, Inc. (US) ', 'Thyssenkrupp AG (Germany) ', 'BASF SE (Germany) ', 'IHI Corporation (Japan) ', 'Sumitomo Chemical Co., Ltd. (Japan) ', 'Toyo Engineering Corporation (Japan) ', 'Ma’aden (Saudi Arabia) ', 'Qatar Fertiliser Company (QAFCO) (Qatar) ', 'Petronas Chemicals Group Berhad (Malaysia) ', 'SABIC (Saudi Arabia) ', 'Haldor Topsoe A/S (Denmark) ', 'ENGIE (France) '

The transport industry consumes a lot of energy and fuel and contributes significantly to the world’s largest carbon emissions. Blue ammonia use as a low-carbon alternative to traditional fuels can aid in reducing carbon emissions in this sector.

Infrastructure Investments: To meet the growing demands for blue ammonia, additional investment has been put into to the infrastructure required to produce, transport, and store the material. This involves building the new production plants, pipelines, and storage tanks.

North America dominated the global market owing to growing emphasis on decreasing carbon emissions and reaching net-zero emissions by the year 2050. The usage of blue ammonia as a low-carbon substitute to liquid fuels and energy sources can help accomplish this objective. The US is the largest producer and consumer of blue ammonia in the region.

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Global Blue Ammonia Market

Report ID: SQMIG15B2035

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