Lucintel Forecasts the Global Green Ammonia Market to Reach $0.7 billion by 2030
Lucintel Forecasts the Global Green Ammonia Market to Reach $0.7 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global green ammonia market looks promising with opportunities in the power generation, transportation, and industrial feedstock applications. The global green ammonia market is expected to reach an estimated $0.7 billion by 2030 from $0.2 billion in 2024, at a CAGR of 23.2% from 2024 to 2030. The major drivers for this market are growing need for eco-friendly fertilizers and rising demand for biofuels.
A more than 150-page report to understand trends, opportunity and forecast in green ammonia market to 2030 by technology (alkaline water electrolysis, proton exchange membrane electrolysis, and solid oxide electrolysis), application (power generation, transportation, industrial feedstocks, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that alkaline water electrolysis is expected to witness the highest growth over the forecast period.
Within this market, power generation is expected to witness the highest growth.
Download sample by clicking on green ammonia market
Europe is expected to witness the highest growth over the forecast period.
Siemens, NEL ASA, ThyssenKrupp, ITM Power, YARA are the major suppliers in the green ammonia market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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