Green Ammonia Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Green Ammonia Market Report is Segmented by Application (Fertilizers, Maritime/Shipping Fuel, Power Generation, and Other Applications) and Geography (Asia-Pacific, North America, Europe, and the Rest of the World). The Report Offers Market Size and Forecasts in Volume (Tons) for all the Above Segments.

Green Ammonia Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Green Ammonia Market Size

Green Ammonia Market Summary
Study Period 2019 - 2030
Market Volume (2025) 5.27 Million tons
Market Volume (2030) 70.95 Million tons
CAGR 68.23 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration Medium

Major Players

Green Ammonia Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Green Ammonia Market with other markets in Chemicals & Materials Industry

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Green Ammonia Market Analysis

The Green Ammonia Market size is estimated at 5.27 million tons in 2025, and is expected to reach 70.95 million tons by 2030, at a CAGR of 68.23% during the forecast period (2025-2030).

There is a growing focus on sustainable energy and green recovery efforts, which are accelerating the interest in green ammonia. Governments and industries continue to invest in ammonia production from renewable sources, driving the market toward growth.

  • Increased agriculture production and the rising demand for renewable energy are the major factors expected to drive the global green ammonia market in the coming years.
  • High capital investment is one of the key factors restraining overall market growth.
  • The emerging application of green ammonia as a marine fuel will likely offer the market new growth opportunities.
  • North America dominates the market owing to the rising application of green ammonia in power generation in the United States.

Green Ammonia Industry Overview

The green ammonia market is partially consolidated in nature. Some major companies (not in any particular order) in the market include Siemens Energy, thyssenkrupp Uhde GmbH, Yara, Nel ASA, and MAN Energy Solutions.

Green Ammonia Market Leaders

  1. Siemens Energy

  2. thyssenkrupp Uhde GmbH

  3. Yara

  4. Nel ASA

  5. MAN Energy Solutions

  6. *Disclaimer: Major Players sorted in no particular order
Green Ammonia Market Concentration
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Green Ammonia Market News

  • November 2023: Adani Power, as part of its decarbonization initiatives, started a pilot project for green ammonia combustion that will co-fire up to 20% green ammonia in its coal-fired 330 MW Unit at the Mundra plant in Gujarat, India.
  • February 2023: Uniper and Greenko signed an agreement for the purchase of 250,000 tons of green ammonia per annum from Greenko’s Kakinada green ammonia project.
  • December 2022: Moroccan state-owned company OCP announced an investment of USD 13 billion for its Green Investment Strategy for 2023-2027, as part of which the company aims to produce 1 million tons of green ammonia by 2027 and will triple it to 3 million tons by 2032.

Green Ammonia Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
    • 4.1.1 Increasing Agricultural Production
    • 4.1.2 Rising Demand for Renewable Energy
    • 4.1.3 Other Drivers
  • 4.2 Market Restraints
    • 4.2.1 High Capital Investment
    • 4.2.2 Other Restraints
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION (Market Size in Volume)

  • 5.1 By Application
    • 5.1.1 Fertilizers
    • 5.1.2 Maritime/Shipping Fuel
    • 5.1.3 Power Generation
    • 5.1.4 Other Applications (Hydrogen Carrier, etc.)
  • 5.2 By Geography
    • 5.2.1 Asia-Pacific
    • 5.2.1.1 China
    • 5.2.1.2 India
    • 5.2.1.3 Japan
    • 5.2.1.4 South Korea
    • 5.2.1.5 Rest of Asia-Pacific
    • 5.2.2 North America
    • 5.2.2.1 United States
    • 5.2.2.2 Rest of North America (Canada and Mexico)
    • 5.2.3 Europe
    • 5.2.3.1 Germany
    • 5.2.3.2 United Kingdom
    • 5.2.3.3 France
    • 5.2.3.4 Italy
    • 5.2.3.5 Rest of Europe
    • 5.2.4 Rest of the World
    • 5.2.4.1 South America
    • 5.2.4.2 Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share(%)**/Ranking Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 Casale SA
    • 6.4.2 EXYTRON GmbH
    • 6.4.3 Green Hydrogen Systems
    • 6.4.4 Greenko
    • 6.4.5 ITM Power PLC
    • 6.4.6 KAPSOM PLC
    • 6.4.7 MAN Energy Solutions
    • 6.4.8 McPhy Energy SA
    • 6.4.9 Nel ASA
    • 6.4.10 Siemens Energy
    • 6.4.11 Technip Energies NV
    • 6.4.12 thyssenkrupp Uhde GmbH
    • 6.4.13 Yara
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Emerging Application of Green Ammonia as a Marine Fuel
  • 7.2 Other Opportunities
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Green Ammonia Industry Segmentation

Green ammonia is made with hydrogen from water electrolysis powered by alternative energy. It offers high efficiency and yield, requires low maintenance, and is eco-friendly as it does not emit CO2.

The green ammonia market is segmented by application and geography. By application, the market is segmented into fertilizers, maritime/shipping fuel, power generation, and other applications (hydrogen carrier, etc.). The report also covers the market size and forecasts for the green ammonia market in 9 countries across major regions. The market sizing and forecasts for each segment are provided on the basis of volume (tons).

By Application Fertilizers
Maritime/Shipping Fuel
Power Generation
Other Applications (Hydrogen Carrier, etc.)
By Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Rest of North America (Canada and Mexico)
Europe Germany
United Kingdom
France
Italy
Rest of Europe
Rest of the World South America
Middle East and Africa
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Green Ammonia Market Research FAQs

How big is the Green Ammonia Market?

The Green Ammonia Market size is expected to reach 5.27 million tons in 2025 and grow at a CAGR of 68.23% to reach 70.95 million tons by 2030.

What is the current Green Ammonia Market size?

In 2025, the Green Ammonia Market size is expected to reach 5.27 million tons.

Who are the key players in Green Ammonia Market?

Siemens Energy, thyssenkrupp Uhde GmbH, Yara, Nel ASA and MAN Energy Solutions are the major companies operating in the Green Ammonia Market.

Which is the fastest growing region in Green Ammonia Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Green Ammonia Market?

In 2025, the North America accounts for the largest market share in Green Ammonia Market.

What years does this Green Ammonia Market cover, and what was the market size in 2024?

In 2024, the Green Ammonia Market size was estimated at 1.67 million tons. The report covers the Green Ammonia Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Green Ammonia Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Green Ammonia Industry Report

The global green ammonia market, which offers a carbon-free alternative to traditional ammonia, is anticipated to experience significant growth due to the escalating demand for eco-friendly fertilizers and an increased focus on renewable energy projects. Produced from renewable energy sources such as solar, wind, and hydropower, green ammonia is utilized in a variety of applications including transportation, power generation, and as an industrial feedstock. The market's expansion is propelled by the growing need for sustainable fertilizers, a response to the rapid increase in global agricultural production and the degradation of soil conditions from extensive use of chemical fertilizers. Despite the high initial cost of establishing green ammonia plants posing a challenge, opportunities are present in the rising demand for biofuels and the intensifying focus on constructing a hydrogen-based economy. The alkaline water electrolysis technology segment is projected to hold the largest market share, with the power generation application segment expected to grow the fastest. Europe is predicted to be the dominant market during the forecast period. Mordor Intelligence™ Industry Reports provide statistics for the Green Ammonia market share, size, and revenue growth rate, along with an analysis that includes a market forecast outlook and historical overview. A sample of this industry analysis is available as a PDF download.