Global Green Ammonia Market

Abstract
Report Scope:

The report discusses different technologies for producing green ammonia like solid oxide electrolysis, proton exchange membrane electrolysis, and alkaline water electrolysis. It offers a detailed analysis of different technologies and the prevalent trends and opportunities in the market. The market values are estimated based on multiple factors and analysis of manufacturers’ revenues. Market dynamics within each industry are identified. Technological advancements and trends are reviewed, and other influences such as economic conditions and standards are discussed. Because this is a global study, BCC Research analyzes domestic and international technological issues and economic considerations.

The market segments of the report are focused on technical and commercial aspects of green ammonia for different end-user segments, such as power generation, transportation, fertilizer, refrigeration, and others. The report also discusses the regional policy and regulatory framework and ESG scenario for the green ammonia industry, to maintain environmental sustainability and to comply with government regulations.

The report also analyzes the regional markets for green ammonia. The segments are forecast for 2023 to 2028, with 2022 as a base year. The report offers a competitive scenario of the market, including a detailed analysis of key market players and a list of small and regional market players.

The currency used in this report is USD, with the market size indicated in USD millions. For companies reporting their revenue in USD, revenues are taken from their annual reports. For companies that reported their revenue in other currencies, i.e., euros and pounds, the average annual currency conversion rate has been used for the particular year to convert the value into USD. The conversion rate for each currency conversion is provided in the report.

Report Includes:

- 40 data tables and 38 additional tables
- An up-to-date overview and industry analysis of the global green ammonia market
- Analyses of the global and regional market trends, with historical market revenue data (sales figures) for 2022, estimates for 2023, and projections of compound annual growth rates (CAGRs) through 2028
- Highlights of the market potential and understanding the demand for green ammonia in various applications, and areas to forecast this market into various segments and sub-segments
- Estimation of the actual market size both in value and volumetric terms, and revenue forecast for global green ammonia market in USD millions, and corresponding market share analysis based on technology, application, and region
- In-depth information (facts and figures) concerning the major factors influencing the progress of this market (drivers, restraints, opportunities, and industry-specific challenges) with respect to specific growth trends, upcoming prospects, and contributions to the overall market
- Analysis of market opportunities with a holistic study of the Porter’s five forces analysis and SWOT analysis considering both micro and macro environmental factors prevailing in the green ammonia industry
- Review of the impact of COVID-19 and Russia-Ukraine war on global market for green ammonia
- Understanding of the importance of ESG in the global market for green ammonia, consumer attitudes towards sustainability, risks and opportunity assessment, ratings and matrices, and ESG practices in the green ammonia industry
- Analysis of the competitive landscape featuring major stakeholder companies based on their recent developments, key financials and segmental revenues, and operational integration
- Profile descriptions of the leading market players, including BASF SE, ITM Power, NEL ASA, Siemens Energy AS, Topsoe A/S, ThyssenKrupp AG, Engie SA, McPhy, Nutrien Ltd., and Yara International ASA

Content
Table of Contents

Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Research Methodology
Geographic Breakdown
Chapter 2 Summary and Highlights
Market Outlook
Chapter 3 Market Overview
Introduction
Green Ammonia Supply Chain
Market Potential
Green Hydrogen Economy
Chapter 4 Market Dynamics
Overview
Market Drivers
Market Challenges
Market Opportunities
Porter's Five Forces Analysis
SWOT Analysis
Climate Policies and Regulation
Impact of COVID-19 on Global Market for Green Ammonia
Impact on Energy Generation and Distribution Industry
Impact on Renewable Energy Industry
Impact of Russia-Ukraine War on the Green Ammonia Industry
Chapter 5 Market for Green Ammonia by Technology
Overview
Alkaline Water Electrolysis
Proton Exchange Membrane Electrolysis
Solid Oxide Electrolysis
Chapter 6 Market for Green Ammonia by Application
Overview
Transportation
Power Generation
Fertilizer
Refrigeration
Other Applications
Chapter 7 Market for Green Ammonia by Region
Overview
Europe
North America
Asia-Pacific
South America
Middle East and Africa (MEA)
Chapter 8 ESG Development
Importance of ESG in the Green Ammonia Industry
ESG Ratings and Metrics: Understanding the Data
ESG Practices in the Green Ammonia Industry
ESG Score Analysis
Risk Scale, Exposure Scale, and Management Scale
Risk Scale
Exposure Scale
Management Scale
Future of ESG: Emerging Trends and Opportunities
Concluding Remarks from BCC Research
Chapter 9 Emerging Technologies and Developments
Introduction
Chapter 10 Patent Analysis
Introduction
Chapter 11 Competitive Intelligence
Overview
Global Investments in the Green Ammonia Industry
Chapter 12 Company Profiles
BASF SE
ENGIE SA
ITM POWER
MCPHY
NEL ASA
NUTRIEN LTD.
SIEMENS ENERGY AS
TOPSOE A/S
THYSSENKRUPP AG
YARA INTERNATIONAL ASA
Company Profiles of Electrolyzer Providers
AKER HORIZONS
AREVA H2GEN (ACQUIRED BY GTT)
ASAHI KASEI
BLOOM ENERGY
CARBOTECH
CHENGDU VERTEX INDUSTRY CO. LTD.
CUMMINS INC.
ELOGEN (ACQUIRED BY GTT)
GINER ELX (ACQUIRED BY PLUG POWER)
HYTRON
IGAS ENERGY PLC
INDUSTRIE DE NORA S.P.A.
ITM LINDE ELECTROLYSIS GMBH
KOBELCO
PLUG POWER INC.
Chapter 13 Appendix: Acronyms

List of Tables
Summary Table : Global Market for Green Ammonia, by Region, Through 2028
Table 1 : Basic Energy Requirements and CO2 Footprint by Different Ammonia Production Processes, 2020 and 2050
Table 2 : Global Weighted Average Aggregate Installed Cost, Capacity Factor and Levelized Cost of Electricity Trends, by Technology, 2010 and 2021
Table 3 : Post-2020 National Emission Reduction, by Country
Table 4 : Policy Changes for Renewable Energy Generation Targets
Table 5 : Global Market for Green Ammonia, by Technology, Through 2028
Table 6 : Analysis of Majorly Utilized Water Electrolysis Processes
Table 7 : Global Market for Green Ammonia, by Alkaline Water Electrolysis, by Region, Through 2028
Table 8 : Global Market for Green Ammonia, by Proton Exchange Membrane Electrolysis, by Region, Through 2028
Table 9 : Global Market for Green Ammonia, by Solid Oxide Electrolysis, by Region, Through 2028
Table 10 : Technical Specification of Electrolyzer Technologies
Table 11 : Global Market for Green Ammonia, by Application, Through 2028
Table 12 : Global Market for Green Ammonia for Transportation, by Region, Through 2028
Table 13 : Global Market for Green Ammonia for Power Generation, by Region, Through 2028
Table 14 : Global Market for Green Ammonia for Fertilizer, by Region, Through 2028
Table 15 : Global Market for Green Ammonia for Refrigeration, by Region, Through 2028
Table 16 : Global Market for Green Ammonia for Other Applications, by Region, Through 2028
Table 17 : Global Market for Green Ammonia, by Region, Through 2028
Table 18 : Global Market Volume for Green Ammonia, by Region, Through 2028
Table 19 : List of Green Ammonia Projects in Europe
Table 20 : Initiatives by European Countries Towards Green Energy
Table 21 : European Market for Green Ammonia, by Technology, Through 2028
Table 22 : European Market for Green Ammonia, by Application, Through 2028
Table 23 : European Market for Green Ammonia, by Country, Through 2028
Table 24 : List of Green Ammonia Projects in North America
Table 25 : North American Market for Green Ammonia, by Technology, Through 2028
Table 26 : North American Market for Green Ammonia, by Application, Through 2028
Table 27 : North American Market for Green Ammonia, by Country, Through 2028
Table 28 : List of Green Ammonia Projects in Asia-Pacific
Table 29 : Asia-Pacific Market for Green Ammonia, by Technology, Through 2028
Table 30 : Asia-Pacific Market for Green Ammonia, by Application, Through 2028
Table 31 : Asia-Pacific Market for Green Ammonia, by Country, Through 2028
Table 32 : List of Green Ammonia Projects in South America
Table 33 : South American Market for Green Ammonia, by Technology, Through 2028
Table 34 : South American Market for Green Ammonia, by Application, Through 2028
Table 35 : South American Market for Green Ammonia, by Country, Through 2028
Table 36 : List of Green Ammonia Projects in the Middle East and Africa
Table 37 : Middle East and African Market for Green Ammonia, by Technology, Through 2028
Table 38 : Middle East and African Market for Green Ammonia, by Application, Through 2028
Table 39 : Middle East and African Market for Green Ammonia, by Country, Through 2028
Table 40 : ESG Ratings and Metrics: Global Green Ammonia Market
Table 41 : Current Status of ESG in the Market for Green Ammonia
Table 42 : Risk Scale, Exposure Scale, and Management Scale
Table 43 : Green Ammonia/Hydrogen Technologies, BASF SE
Table 44 : Green Ammonia/Hydrogen Technologies, Engie SA
Table 45 : Green Ammonia/Hydrogen Technologies, Enapter
Table 46 : Green Ammonia/Hydrogen Technologies, Hydrogenics
Table 47 : Green Ammonia/Hydrogen Technologies, McPhy
Table 48 : Green Ammonia/Hydrogen Technologies, Siemens AG
Table 49 : Green Ammonia/Hydrogen Technologies, Starfire Energy
Table 50 : Green Ammonia/Hydrogen Technologies, Topsoe A/S
Table 51 : Green Ammonia/Hydrogen Technologies, Yara International
Table 52 : List of Market Players in Green Ammonia Market
Table 53 : List of Electrolyzer Providers
Table 54 : List of Key Manufacturers of Electrolyzer Components
Table 55 : Global Investments in Green Ammonia Industry
Table 56 : M&A Deals in Green Ammonia Industry, 2019-2022
Table 57 : BASF SE: Annual Revenue, 2022
Table 58 : BASF SE: News/Key Developments, 2020-2022
Table 59 : Engie SA: Annual Revenue, 2022
Table 60 : Engie SA: News/Key Developments, 2019-2022
Table 61 : ITM Power: Annual Revenue, 2022
Table 62 : ITM Power: News/Key Developments, 2019-2022
Table 63 : McPhy: Annual Revenue, 2022
Table 64 : McPhy: News/Key Developments, 2020-2023
Table 65 : Nel ASA: Annual Revenue, 2022
Table 66 : Nel ASA: News/Key Developments, 2022-2023
Table 67 : Nutrien Ltd.: Annual Revenue, 2022
Table 68 : Nutrien Ltd.: News/Key Developments, 2019-2022
Table 69 : Siemens Energy AS: Annual Revenue, 2022
Table 70 : Siemens Energy AS: News/Key Developments, 2020-2022
Table 71 : Topsoe A/S: Annual Revenue, 2022
Table 72 : Topsoe A/S: News/Key Developments, 2020-2023
Table 73 : ThyssenKrupp AG: Annual Revenue, 2022
Table 74 : ThyssenKrupp AG: News/Key Developments, 2021-2023
Table 75 : Yara International ASA: Annual Revenue, 2022
Table 76 : Yara International ASA: News/Key Developments, 2021-2023
Table 77 : Acronyms Used in This Report