Latest research on Green Ammonia Market

Green Ammonia Market Latest Edition Published with Forecast to 2027


The article cited AMA's "Global Green Ammonia Market Study" explored substantial growth of %. According to the report, Advancement of Various Technologies to Produce Green Hydrogen from Surplus Electricity Generated from Renewable Sources is one of the primary growth factors for the market. The demand for Renewable Energy Instead of Natural Gas or Coal for Producing Hydrogen is also expected to contribute significantly to the Green Ammonia market. Overall, Power generation applications of Green Ammonia, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Technology, such as Alkaline Water Electrolysis (AWE), is boosting the Green Ammonia market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Industry Vertical, such as Pharmaceutical, is boosting the Green Ammonia market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Green Ammonia market identified that the demand is rising in many different parts of the world as "Developing Growth Potential Due to Increasing Consumption of Green Ammonia As a Maritime Fuel Will Propel the Green Ammonia Market". Furthermore, some recent industry insights like "On 16 April 2020, ITM Power, the energy storage and clean fuel company won the project by the UK government to provide a green hydrogen solution in Humberside. A Gigawatt (GW) of renewable hydrogen will be generated and distributed to a range of industrial energy users in Immingham, Humberside, as part of the Green Hydrogen for Humberside project. The initiative will work with regional consumers to determine the viability of converting to renewable hydrogen and justify a number of 100MW electrolyzer deployments. This involves powering the electrolyzer, building a hydrogen production plant, distributing hydrogen across the Humber, and converting current operations to utilize renewable hydrogen." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Green Ammonia market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Green Ammonia market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Have a look at detailed Table of Content for Green Ammonia Market Study

Data Triangulation
The overall Green Ammonia market size is calculated using market estimation process, the Green Ammonia market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Green Ammonia market size has been validated using both top-down and bottom-up approaches.

Praveen Kumar

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