USD 312.1 million
Report ID:
SQMIG10G2042 |
Region:
Global |
Published Date: July, 2025
Pages:
187
|Tables:
199
|Figures:
78
Global Green Ammonia Market size was valued at USD 312.1 million in 2023 and is poised to grow from USD 565.53 million in 2024 to USD 65723.02 million by 2032, growing at a CAGR of 81.2% during the forecast period (2025-2032).
The Green Ammonia market is ready for dramatic growth due to global movements toward decarbonization and cleaner forms of energy. A major factor contributing to this is the advancement of green hydrogen feedstocks globally by allowing production of ammonia with zero carbon. Many governments in Europe, North America and Asia-Pacific continue to offer incentives and funding to develop electrolysis based green hydrogen projects. The use of transport fuels and other uses as clean, carbon free options for shipping and utility scale co-firing trials in Australia and Japan is rising, in particular as we consider the IMO 2050 decarbonization goals.
Another key factor is the relevant development of energy security and energy diversification, as countries pursue efforts to reduce dependence on the economical use of fossil fuels to produce fertilizers, and industrial ammonia. The agriculture end use sector should be noted because these consumers are starting to demand sustainable options, which will begin to show up in demand for green ammonia derived fertilizer. We are also seeing demand on the supply side from partnerships between government and private sector interested in scaling up efforts to build large-scale green ammonia facilities, with examples being the projects in Saudi Arabia, Chile and India. Technological advancements in electrolyzers, availability of renewable electricity, and price declines for solar and wind are factors that should also be considered related to market growth.
On the restaint side, the Green Ammonia market is largely restrained by high production costs and current limited infrastructure. Even if green hydrogen production via electrolysis is clean and free of greenhouse gas emissions, the costs still remain significantly higher than conventional methods using SMR (steam methane reforming). Green ammonia is not competitive in markets that are price sensitive. Additionally, there are no storage or transport facilities for ammonia available, particularly in developing economies with low maturity. At the same time uncertainties with regulation and inconsistent policy environments in different regions, prevent some investors from investing in the production of green ammonia, and limit the scale of commercialization in green ammonia technologies globally.
How AI is Transforming Green Ammonia Market?
AI is significantly changing the green ammonia market by transforming catalyst advancement and optimizing production systems. A group of researchers at the University of New South Wales (UNSW) used machine learning to evaluate 8,555 possible metal combinations to find the most effective catalysts; this process ultimately yielded only 28 candidate materials. The AI-devised metal alloy of five metals (iron, bismuth, nickel, tin, zinc) yielded a seven times enhancement in ammonia production rate and nearly a 100% Faradaic efficiency, and it did not exceed 25 °C - far below the energy requirements of the Haber‑Bosch process. This is a game-changer for decentralized low-cost green ammonia production.
The UNSW is a recent case study of how AI can promote material discovery (at an unprecedented speed) by eliminating many tedious steps found in materials research in favor of predictive modeling techniques. The AI engineered catalyst supports low-cost and high-efficiency green ammonia synthesis at an ambient temperature from air, water and renewable electricity, and these systems are shifting to pilot trial-stage in modular, farm-scale systems - shipping-container sized reactors that produce fertilizer on site and will lower emissions from transport and infrastructure costs to farmers.
Market snapshot - (2025-2032)
Global Market Size
USD 312.1 million
Largest Segment
Alkaline Water Electrolysis
Fastest Growth
Alkaline Water Electrolysis
Growth Rate
81.2% CAGR
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Global Green Ammonia Market is segmented by Technology, Capacity, Electrolysis Type, Power Source Type, Renewable Type, End User, Sales Channel and region. Based on Technology, the market is segmented into Alkaline Water Electrolysis, Proton Exchange Membrane, Solid Oxide Electrolysis, Photocatalysis and Others. Based on Capacity, the market is segmented into Small-Scale, Medium-Scale and Large-Scale. Based on Electrolysis Type, the market is segmented into Liquid and Gas. Based on Power Source Type, the market is segmented into Grid and Dedicated Renewables. Based on Renewable Type, the market is segmented into Hydropower, Solar PV, Wind Power and Hybrid. Based on End User, the market is segmented into Transportation Industry, Power Generation Industry, Chemical Industry and Others. Based on Sales Channel, the market is segmented into Online and Offline. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Which Electrolyzer Technologies Are Driving Green Ammonia Production in the Gasifier Market?
Based on gasifier technology, alkaline water electrolysis is leading the market because it is a trusted and a common style of electrolytic. Alkaline water electrolysis is a reliable type of electrolysis. The alkaline water electrolysis variant of the electrolytic cell is described by the electrodes operating in a fluid electrolyte of sodium or potassium hydroxide. This procedure is primarily utilized for producing green ammonia as the catalyst is more affordable and the gas quality is better. Alkaline water electrolysis has many benefits like it has longer lifespan because of its interchangeable electrolytes and less catalysts that dissolve in the oxide layer. These factors are positively influencing the growth of the market.
In the gasifier technology the proton exchange membrane technology has also been growing rapidly. This is primarily because of the rising public awareness of the advantages of proton exchange membrane technology. This solution has an electric efficiency of almost more than 90% and high current densities at low voltage. Nowadays, consumers are also forcing the manufacturers to become more sustainable with their production procedure. This proton exchange membrane technology is helping the manufacturers to shift the chemical compounds into green ammonia by decarbonizing it efficiently. This demand for this product is further increasing due to favorable government incentives for manufacturing clean, green energy. Constant research and development on fuel cell technologies is also augmenting the growth of the market.
Why Are Transportation and Power Generation Emerging as Key Applications in the Green Ammonia Market?
Based on application, the transportation segment is leading the green ammonia market. The demand for green ammonia is increasing in transportation because of the global fuel and energy crisis, leading to the rising demand for green fuel. Renewable sources such as green ammonia and others are successfully replacing the traditional energy sources. Fuel from these sources is more efficient, eco-friendly, and clean. Nowadays, people are emphasizing issues that are more pressing like carbon emissions and environmental protection. These problems are contributing to the increasing popularity of green ammonia in the transportation sector. This solution is also more feasible owing to its low storage volume requirement and its liquid state at room temperature.
Power generation is also growing rapidly in the green ammonia market. Factors like increasing environmental concerns and an increased requirement for minimizing reliance on fossil fuels for power generation are supporting the growth of the market. Utilizing green ammonia offers a sustainable solution for power generation by reducing the number of emissions released into the environment. The adoption of green ammonia has increased rapidly as a substitute energy source for power generation in the last few years. Many emerging and developed countries globally are massively depending on cleaner energy sources for fulfilling their rising energy demands. Many initiatives are being taken by the emerging economies like India, China, Korea, and Japan for adopting cleaner energy sources for power generation.
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Why Europe is Dominating in Green Ammonia Market?
Europe is the current leader in the green ammonia market, fueled by robust public-sector commitments through its EU Hydrogen Strategy and REPowerEU plan aimed at achieving 10 Mt capability for domestic renewable hydrogen and 10 Mt in hydrogen imports by 2030, and tools including the European Hydrogen Bank. Countries like Germany, Denmark, and the Netherlands are leading the way with multibillion euro electrolyzer projects and systems of incentives. For example, Germany has provided roughly €9 billion toward specific objectives of building upon its current 5 GW of electrolyzer capacity by 2030. Europe’s well engrained climate policies provide structural supports for its critical market position, alongside strong fiscal backing.
Germany Green Ammonia Market
Germany is leading Europe’s green ammonia market through massive hydrogen funding under its National Hydrogen Strategy, where it has provided €9 billion for public investment. Companies like Uniper and Thyssenkrupp are active around importing and converting green ammonia for hydrogen applications. Uniper commenced trials at Wilhelmshaven in 2024 for ammonia cracking.
Spain Green Ammonia Market
Spain is emerging with solar-powered green ammonia hubs. With support under both Spain’s Hydrogen Roadmap and EU’s Recovery Plan, Cepsa and Fertiberia led green ammonia projects. In 2023, the Spanish Government allocated €1.9 billion for hydrogen valleys which will develop uses including ammonia. Fertiberia's Puertollano plant was expanded in 2024 and is one of the few industrial green ammonia units in Europe.
UK Green Ammonia Market
The UK is leading the way with modular, high-efficient green ammonia production through Supercritical and Proton Ventures GreeNH3 project, with funding from BEIS through the Net Zero Innovation Portfolio. This worldfirst supercriticalelectrolyser powered plant received first funding (~£146 k) and is currently in competitive Phase 2 funding for larger-scale deployment.
Why Asia Pacific Fastest Growing Green Ammonia Market in 2024?
Asia Pacific is anticipated to be the highest growth region due to strong state-led targets and exciting infrastructure plans. For 2023-30, the expected growth is to increase from approximately ~$103 M in 023 to about $24 bn in 2030. Several national governments (India, China, Japan, Australia and South Korea) have announced ambitious hydrogen/ammonia strategies. India’s Solar Energy Corporation of India (SECI) announced a tender in June 2025 to provide 724,000 t/year of green ammonia to 13 different fertilizer plants. Japan announced $21 bn in clean hydrogen subsidies to be distributed over 15 years, while Australia’s Western Green Energy Hub will deliver millions of tonnes of green ammonia, planned for the late 2020s.
China Green Ammonia Market
Envision Energy and Longi are leading the way in renewable ammonia in China: Envision’s Chifeng facility is slated to begin commissioning in 2025 (300k t/yr), while Longi runs a pilot (180k t/yr Da’an). Each initiative is being pursued under China’s NDRC-led policies that promote ammonia cofiring targets.
India Green Ammonia Market
AM Green (a Greenko backed company) is at the forefront of India’s green ammonia ambitions under government tenders. On May 2025, Coal India signed an MoU to supply 4,500 MW of solar & wind power (~₹25,000 crore) to its set of future plants. The project is aligned with India’s National Green Hydrogen Mission targeting low-cost green ammonia production.
South Korea Green Ammonia Market
POSCO leads South Korea’s green ammonia agenda as part of the public-private Green Ammonia Alliance convened by MOTIE and KIER, joined by Samsung Engineering, Hanwha, Hyundai, Lotte, and Doosan.POSCO has signed a US $15 billion blue ammonia deal with Saudi Aramco and is planning a US $7 billion green ammonia export project in Oman to supply ~1.2 Mt/year by the mid2030s.
How is North America being Emerging market for Green Ammonia Industry?
According to the source, in 2023 North America represented ~28–43% of market and is growing at ~107% CAGR to reach ~$19B by 2030. The U.S. has its own "Clean Hydrogen Strategy" which supports decarbonized hydrogen hubs and investment the goal of 10 Mt by 2030.
U.S. Green Ammonia Market
The U.S. green ammonia market is leading North America, thanks to the support offered by the IRA and hydrogen hubs. One of the market players, Air Products has a $4.5B green hydrogen facility in Texas that plans to produce green ammonia for global sales, supported by federal tax credits and infrastructure grants.
Canada Green Ammonia Market
Canada is ready to expand green ammonia supply as a result of a clean energy plan and a focus of export. EverWind Fuels is developing the first "certified" green hydrogen/ammonia project in Nova Scotia. It finalised environmental approvals in 2023 and gained federal support to develop infrastructure to export the ammonia to Germany by 2025.
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Green Ammonia Market Drivers
Growing Demand for Green Fertilizers:
Growing Demand in Marine Sector to Drive Green Ammonia Market:
Green Ammonia Market Restraints
Shortage of Knowledge about Green Ammonia:
High Cost of Production:
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The global green ammonia market is becoming more competitive as nations start to implement hydrogen strategies aimed at attaining a leadership position. The United States started its National Clean Hydrogen Strategy and Roadmap (2023) with a target of producing 10 million tonnes of clean hydrogen annually by 2030. Firms in the USA are increasing capacity rapidly fueled by the Inflation Reduction Act's 45V tax credits coupled with a hydrogen hubs program. Canada, through its Hydrogen Strategy for Canada (2020), is advancing support for both green and blue hydrogen through public funding for R&D, and developing a focus on exports. In relation to that enhancement, Saudi Arabia, under Vision 2030, is building a 1,2000 tonnes/year green ammonia facility at NEOM with the support of the state. In Egypt, the government has signed MoUs, which are supported by the state, for over $40 billion of green hydrogen and ammonia projects in the Suez Canal Economic Zone, with the plan to make Egypt a future export hub for the continent of Africa. In considering the government strategies undertaken, it is clear that government backed incentives, coupled available infrastructure, development opportunities, and aligned policies will be pivotal in building a competitive market.
Top Player’s Company Profiles
Recent Developments in Green Ammonia Market
Is Green Ammonia Emerging as a Strategic Fertilizer Solution in Developing Nations?
The Indian government announced subsidies for 724,000 tonnes/year of green ammonia production (2025) through SECI tenders as part of India's National Green Hydrogen Mission. This signifies a pivot away from an import reliance and towards a domestic, low carbon fertilizer production scheme with production-linked incentives and a security mechanism to stabilize supply.
Are Countries Using Green Ammonia as an Export-Focused Decarbonization Strategy?
With over $40 billion in green ammonia MoUs signed in the Suez Canal Economic Zone, Egypt is committed to this decarbonization strategy. Coupled with government incentives and strategically aligned port and shipping infrastructure, it aims to be a significant exporter to Europe and Asia, and enhance Egypt's low-carbon economic diplomacy.
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected using Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the global green ammonia market is massively growing as the key players in the market are engaging in various strategic initiatives to improve their market position. The increasing demand for sustainable energy solutions is also positively influencing the growth of the market. Furthermore, the companies and many government bodies are also investing in R&D to improve the efficiency and affordability of the production technologies. They are also investing in many initiatives to increase awareness among people about green ammonia, leading to a growth of the market.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 312.1 million |
Market size value in 2032 | USD 65723.02 million |
Growth Rate | 81.2% |
Base year | 2024 |
Forecast period | (2025-2032) |
Forecast Unit (Value) | USD Million |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Green Ammonia Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Green Ammonia Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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