Green Ammonia Market by Technology (Alkaline Water Electrolysis (AWE), Proton Exchange Membrane (PEM), SOE), End-Use Application (Transportation, Power Generation, Industrial Feedstock (Industrial, Fertilizers)), Region - Global Forecast & Trends to 2030
The green ammonia market is expected to grow from USD 0.3 billion in 2024 to USD 6.2 billion by 2030, with a CAGR of 66.0% during the forecast period. The development of a global hydrogen economy is driving the demand for green ammonia. As an efficient hydrogen carrier, green ammonia is crucial for transporting hydrogen over long distances and enabling its use in various applications, including power generation, transportation, and industrial processes.
“Solid oxide electrolysis technology segment to be the fastest-growing market from 2024 to 2030”
The green ammonia market is divided into three technological categories: alkaline water electrolysis, proton exchange membrane electrolysis, and solid oxide electrolysis. The increasing global need for green hydrogen is pushing the use of Solid Oxide Electrolysis Cell (SOEC) technology, which provides an effective technique for producing hydrogen from renewable sources. SOEC technology is more energy efficient than conventional electrolysis technologies, giving it a competitive advantage in the green ammonia industry. The scalability of SOEC systems enables both small-scale and large-scale applications, satisfying the green ammonia industry's different requirements.
“Industrial Feedstock, by end-use application, expected to be the largest market from 2024 to 2030”
The green ammonia market, by end-use application, is bifurcated into power generation, transportation and industrial feedstock. The industrial feedstocks segment is expected to be the largest market, followed by power generation during the forecast period. This dominance is because of the need for green fertilizers in agricultural industries. The growing emphasis on sustainability and decreasing carbon footprints in industrial operations fuels demand for green ammonia as a greener alternative to standard ammonia manufacturing methods. Governments are adopting rules and incentives to encourage industry to use green ammonia. Green ammonia may be employed as a hydrogen carrier for energy storage, making it a flexible alternative for balancing supply and demand in renewable energy systems. Green ammonia is utilized in a variety of industrial applications, including fertilizers, chemicals, and medicines, where sustainability is increasingly important.
“Europe is expected to be the largest region in the green ammonia market.”
Several European nations have made significant pledges to increase the proportion of renewable energy in their energy mix. The availability of wind and solar resources in Europe offers a solid foundation for the creation of green hydrogen, which is subsequently converted into green ammonia. The combination of green ammonia with renewable energy sources helps to stabilize the system and store extra energy. In addition, Europe has made major investments in the infrastructure required for green ammonia production, storage, and delivery. The construction of pipelines, terminals, and storage facilities improves the scalability and logistics of green ammonia, allowing it to be widely adopted throughout the area.
Breakdown of Primaries:
In-depth interviews have been conducted with a variety of key industry participants, subject matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 65%, Tier 2- 24%, and Tier 3- 11%
By Designation: C-Level- 30%, Director Level- 25%, and Others- 45%
By Region: North America – 25%, Europe – 25%, Asia Pacific – 30%, Middle East & Africa– 10% and South America – 10%
Note: Other designations include sales managers, marketing managers, product managers, and product engineers.
The tier of the companies is defined based on their total revenue as of 2023. Tier 1: USD 1 billion and above, Tier 2: From USD 500 million to USD 1 billion, and Tier 3:
The Green ammonia market is dominated by a few major players that have a wide regional presence. The leading players in the green ammonia market are Siemens Energy (Germany), ACME Group (India), ThyssenKrupp AG (Germany), Nel ASA (Norway), Iberdrola, S.A. (Spain), and Yara (Norway) among others. The major strategy adopted by the players includes new product launches, partnerships, collaboration, merger, and investments & expansions.
Research Coverage:
The report defines, describes, and forecasts the global green ammonia market by technology, capacity, end-use application, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report comprehensively reviews the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the sustainable fuel market.
Key Benefits of Buying the Report
“Solid oxide electrolysis technology segment to be the fastest-growing market from 2024 to 2030”
The green ammonia market is divided into three technological categories: alkaline water electrolysis, proton exchange membrane electrolysis, and solid oxide electrolysis. The increasing global need for green hydrogen is pushing the use of Solid Oxide Electrolysis Cell (SOEC) technology, which provides an effective technique for producing hydrogen from renewable sources. SOEC technology is more energy efficient than conventional electrolysis technologies, giving it a competitive advantage in the green ammonia industry. The scalability of SOEC systems enables both small-scale and large-scale applications, satisfying the green ammonia industry's different requirements.
“Industrial Feedstock, by end-use application, expected to be the largest market from 2024 to 2030”
The green ammonia market, by end-use application, is bifurcated into power generation, transportation and industrial feedstock. The industrial feedstocks segment is expected to be the largest market, followed by power generation during the forecast period. This dominance is because of the need for green fertilizers in agricultural industries. The growing emphasis on sustainability and decreasing carbon footprints in industrial operations fuels demand for green ammonia as a greener alternative to standard ammonia manufacturing methods. Governments are adopting rules and incentives to encourage industry to use green ammonia. Green ammonia may be employed as a hydrogen carrier for energy storage, making it a flexible alternative for balancing supply and demand in renewable energy systems. Green ammonia is utilized in a variety of industrial applications, including fertilizers, chemicals, and medicines, where sustainability is increasingly important.
“Europe is expected to be the largest region in the green ammonia market.”
Several European nations have made significant pledges to increase the proportion of renewable energy in their energy mix. The availability of wind and solar resources in Europe offers a solid foundation for the creation of green hydrogen, which is subsequently converted into green ammonia. The combination of green ammonia with renewable energy sources helps to stabilize the system and store extra energy. In addition, Europe has made major investments in the infrastructure required for green ammonia production, storage, and delivery. The construction of pipelines, terminals, and storage facilities improves the scalability and logistics of green ammonia, allowing it to be widely adopted throughout the area.
Breakdown of Primaries:
In-depth interviews have been conducted with a variety of key industry participants, subject matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 65%, Tier 2- 24%, and Tier 3- 11%
By Designation: C-Level- 30%, Director Level- 25%, and Others- 45%
By Region: North America – 25%, Europe – 25%, Asia Pacific – 30%, Middle East & Africa– 10% and South America – 10%
Note: Other designations include sales managers, marketing managers, product managers, and product engineers.
The tier of the companies is defined based on their total revenue as of 2023. Tier 1: USD 1 billion and above, Tier 2: From USD 500 million to USD 1 billion, and Tier 3:
The Green ammonia market is dominated by a few major players that have a wide regional presence. The leading players in the green ammonia market are Siemens Energy (Germany), ACME Group (India), ThyssenKrupp AG (Germany), Nel ASA (Norway), Iberdrola, S.A. (Spain), and Yara (Norway) among others. The major strategy adopted by the players includes new product launches, partnerships, collaboration, merger, and investments & expansions.
Research Coverage:
The report defines, describes, and forecasts the global green ammonia market by technology, capacity, end-use application, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report comprehensively reviews the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the sustainable fuel market.
Key Benefits of Buying the Report
- Increasing emphasis on net zero emissions and supporting government regulations are just a few of the primary drivers propelling the green ammonia market. Regulatory and legislative uncertainties, as well as costly initial capital expenditure, limit the market's expansion. The ongoing energy shift to reduce carbon emissions is likely to provide attractive prospects for green ammonia market participants.
- Product Development/ Innovation: The green ammonia market is seeing substantial product development and innovation, driven by rising environmental concerns. Companies are investing in improved green ammonia manufacturing technology.
- Market Development: ThyssenKrupp AG has signed an engineering and supply contract with CF Industries to deliver a green hydrogen plant for the production of green ammonia at the Donaldsonville industrial complex in Louisiana. Under this deal, ThyssenKrupp AG will design and build a 20 MW hydrogen production unit using their alkaline water electrolysis technology, as well as all related utilities.
- Market Diversification: Siemens Energy collaborated with Fortescue Future Industries, a green hydrogen manufacturing company, and GeoPura, a provider of renewable energy, EV charging, and emission-free electricity, to create an ammonia cracker prototype designed to produce green hydrogen on an industrial scale, thereby addressing climate change and lowering carbon emissions. The prototype would use ammonia to generate 200 kg of hydrogen each day, enough to power around 5-10 hydrogen fuel cell electric buses.
- Competitive Assessment: In-depth analysis of market share, growth plans, and service offerings of top companies in the green ammonia industry, including Siemens Energy (Germany), ACME (India), ThyssenKrupp AG (Germany), Nel ASA (Norway), Iberdrola, S.A. (Spain), and Yara (Norway) among others.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 INCLUSIONS AND EXCLUSIONS
1.3.2 MARKETS COVERED
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
1.8 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH APPROACH
2.2 DATA TRIANGULATION
2.2.1 PRIMARY AND SECONDARY RESEARCH
2.2.1.1 Secondary data
2.2.1.2 List of major secondary sources
2.2.1.3 Key data from secondary sources
2.2.2 PRIMARY DATA
2.2.2.1 List of primary interview participants
2.2.2.2 Key data from primary sources
2.2.2.3 Breakdown of primaries
2.3 MARKET SIZE ESTIMATION METHODOLOGY
2.3.1 BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
2.4 DEMAND-SIDE ANALYSIS
2.4.1 DEMAND-SIDE METRICS
2.4.1.1 Assumptions for demand-side analysis
2.4.1.2 Calculations for demand-side analysis
2.4.2 SUPPLY-SIDE ANALYSIS
2.4.2.1 Assumptions for supply-side analysis
2.4.2.2 Calculations for supply-side analysis
2.4.3 FORECAST
2.5 RESEARCH LIMITATIONS
2.6 RISK ANALYSIS
2.7 IMPACT OF RECESSION ON MARKET
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN GREEN AMMONIA MARKET
4.2 GREEN AMMONIA MARKET, BY REGION
4.3 GREEN AMMONIA MARKET, BY TECHNOLOGY
4.4 GREEN AMMONIA MARKET, BY CAPACITY
4.5 GREEN AMMONIA MARKET, BY APPLICATION
4.6 GREEN AMMONIA MARKET IN EUROPE, BY APPLICATION AND COUNTRY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Need to store renewable energy for longer term
5.2.1.2 Regulatory policies and incentives to reduce GHG emissions
5.2.1.3 Increased need for eco-friendly fertilizers
5.2.2 RESTRAINTS
5.2.2.1 High initial setup costs
5.2.3 OPPORTUNITIES
5.2.3.1 Potential of ammonia as maritime fuel
5.2.3.2 Increasing focus on building hydrogen-based economy
5.2.3.3 Plans to achieve net-zero and electrolyzers target
5.2.4 CHALLENGES
5.2.4.1 Lack of information about green ammonia among chemical manufacturers
5.2.4.2 Low level of technology readiness for use of ammonia as zero-carbon fertilizer, fuel, and energy storage
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.3.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR PROVIDERS OF GREEN AMMONIA
5.4 SUPPLY CHAIN ANALYSIS
5.4.1 TECHNOLOGY PROVIDERS
5.4.2 PRODUCERS
5.4.3 AMMONIA PLANT EPC COMPANIES
5.4.4 END USERS
5.5 ECOSYSTEM ANALYSIS
5.6 TECHNOLOGY ANALYSIS
5.6.1 KEY TECHNOLOGIES
5.6.1.1 Electrolyzer-based Haber-Bosch process
5.6.1.2 Proton exchange membrane electrolysis
5.6.1.3 Alkaline electrolysis
5.6.1.4 Solid oxide electrolysis
5.6.2 COMPLEMENTARY TECHNOLOGY ANALYSIS
5.6.2.1 Electrochemical synthesis
5.6.2.2 Photochemical synthesis
5.6.2.3 Biomass with carbon capture and storage
5.7 CASE STUDY ANALYSIS
5.7.1 DOWNSCALING HABER-BOSCH
5.7.1.1 Background
5.7.1.2 Challenges
5.7.1.3 Solution
5.7.2 STORING AND TRANSPORTING RENEWABLE ENERGY
5.7.2.1 Background
5.7.2.2 Challenges
5.7.2.3 Solution
5.7.3 DEVELOPING CARBON-FREE ENERGY SYSTEMS WITH GREEN AMMONIA
5.7.3.1 Background
5.7.3.2 Challenges
5.7.3.3 Solution
5.8 PATENT ANALYSIS
5.9 TRADE ANALYSIS
5.9.1 HS CODE 2814
5.9.1.1 Export scenario
5.9.1.2 Import scenario
5.9.2 HS CODE 280410
5.9.2.1 Export scenario
5.9.2.2 Import scenario
5.9.3 HS CODE 280430
5.9.3.1 Export scenario
5.9.3.2 Import scenario
5.10 PRICING ANALYSIS
5.10.1 AVERAGE LEVELIZED COST OF GREEN AMMONIA, BY REGION
5.10.2 INDICATIVE PRICING ANALYSIS, BY TECHNOLOGY (USD)
5.11 KEY CONFERENCES & EVENTS, 2024–2025
5.12 MARKET MAP
5.13 REGULATORY LANDSCAPE
5.13.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.13.2 REGULATIONS
5.14 PORTER'S FIVE FORCES ANALYSIS
5.14.1 THREAT OF SUBSTITUTES
5.14.2 BARGAINING POWER OF SUPPLIERS
5.14.3 BARGAINING POWER OF BUYERS
5.14.4 THREAT OF NEW ENTRANTS
5.14.5 INTENSITY OF COMPETITIVE RIVALRY
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.15.2 BUYING CRITERIA
5.16 INVESTMENT AND FUNDING SCENARIO
6 KEY ELEMENTS IN GREEN AMMONIA PRODUCTION
6.1 NECESSARY ELEMENTS TO PRODUCE GREEN AMMONIA
6.1.1 POWER SOURCE
6.1.2 ELECTROLYZERS
6.1.3 HABER-BOSCH REACTORS
6.1.4 AIR SEPARATION UNITS
6.1.5 AMMONIA STORAGE UNITS
7 GREEN AMMONIA MARKET, BY TECHNOLOGY
7.1 INTRODUCTION
7.2 ALKALINE WATER ELECTROLYSIS
7.2.1 MATURITY AND COST-EFFECTIVENESS – KEY GROWTH DRIVERS
7.3 PROTON EXCHANGE MEMBRANE ELECTROLYSIS
7.3.1 FLEXIBLE TECHNOLOGY FOR DYNAMIC AND INTERMITTENT RENEWABLE ENERGY SYSTEMS
7.4 SOLID OXIDE ELECTROLYSIS
7.4.1 LOW DEMAND DUE TO INSTABILITY OF POWER SOURCES
8 GREEN AMMONIA MARKET, BY CAPACITY
8.1 INTRODUCTION
8.2 SMALL-SCALE
8.2.1 FLEXIBILITY AND LOWER CAPITAL INVESTMENT TO FUEL GROWTH
8.3 MEDIUM-SCALE
8.3.1 RISING REGIONAL AND LOCAL DEMAND TO BOOST GROWTH
8.4 LARGE-SCALE
8.4.1 EXTENSIVE PRODUCTION CAPACITY TO EXPEDITE GROWTH
9 GREEN AMMONIA MARKET, BY APPLICATION
9.1 INTRODUCTION
9.2 INDUSTRIAL FEEDSTOCK
9.2.1 FERTILIZERS
9.2.1.1 Wide-scale use of ammonia in production of agricultural fertilizers
9.2.2 CHEMICAL, PHARMACEUTICAL, TEXTILE
9.2.2.1 Growing demand from industries for sustainability
9.3 POWER GENERATION
9.3.1 CRUCIAL ROLE IN GAS TURBINES TO BOOST MARKET GROWTH
9.4 TRANSPORTATION
9.4.1 INCREASING INVESTMENTS IN FUEL CELL PROJECTS TO DRIVE MARKET
10 GREEN AMMONIA MARKET, BY REGION
10.1 INTRODUCTION
10.2 EUROPE
10.2.1 RECESSION IMPACT: EUROPE
10.2.2 EUROPE: MACRO FACTORS
10.2.2.1 Europe: Ammonia production
10.2.2.2 Europe: Hydrogen generation
10.2.2.3 Europe: Installed renewable capacity
10.2.2.4 Europe: Greenhouse gas emissions
10.2.3 BY TECHNOLOGY
10.2.4 BY APPLICATION
10.2.5 BY COUNTRY
10.2.5.1 Germany
10.2.5.1.1 Ongoing green ammonia projects to stimulate market growth
10.2.5.1.2 Germany: Macro factors
10.2.5.1.3 By application
10.2.5.2 UK
10.2.5.2.1 Role of green ammonia in country's net-zero emission goal to boost production
10.2.5.2.2 UK: Macro factors
10.2.5.2.3 By application
10.2.5.3 Netherlands
10.2.5.3.1 Favorable government policies and initiatives to drive market
10.2.5.3.2 Netherlands: Macro factors
10.2.5.3.3 By application
10.2.5.4 Denmark
10.2.5.4.1 Investments in large-scale green ammonia projects to fuel market growth
10.2.5.4.2 Denmark: Macro factors
10.2.5.4.3 By application
10.2.5.5 Norway
10.2.5.5.1 Need for carbon-free products in country to boost market growth
10.2.5.5.2 Norway: Macro factors
10.2.5.5.3 By application
10.2.5.6 Spain
10.2.5.6.1 Significant growth in green ammonia projects due to excellent resources
10.2.5.6.2 Spain: Macro factors
10.2.5.6.3 By application
10.2.5.7 Rest of Europe
10.2.5.7.1 Rest of Europe: Macro factors
10.2.5.7.2 By application
10.3 ASIA PACIFIC
10.3.1 RECESSION IMPACT: ASIA PACIFIC
10.3.2 ASIA PACIFIC: MACRO FACTORS
10.3.2.1 Asia Pacific: Ammonia production
10.3.2.2 Asia Pacific: Hydrogen generation
10.3.2.3 Asia Pacific: Installed renewable capacity
10.3.2.4 Asia Pacific: Greenhouse gas emissions
10.3.3 BY TECHNOLOGY
10.3.4 BY APPLICATION
10.3.5 BY COUNTRY
10.3.5.1 Australia
10.3.5.1.1 Increasing focus on renewable energy production to drive market
10.3.5.1.2 Australia: Macro factors
10.3.5.1.3 By application
10.3.5.2 China
10.3.5.2.1 Acceleration of green ammonia production in China to drive market growth
10.3.5.2.2 China: Macro factors
10.3.5.2.3 By application
10.3.5.3 Japan
10.3.5.3.1 Favorable policies promoting use of green ammonia to support market growth
10.3.5.3.2 Japan: Macro factors
10.3.5.3.3 By application
10.3.5.4 New Zealand
10.3.5.4.1 Innovations and subsidies for hydrogen and ammonia energy to boost market growth
10.3.5.4.2 New Zealand: Macro factors
10.3.5.4.3 By application
10.3.5.5 India
10.3.5.5.1 Growing green ammonia consumption in mobility sector to propel market
10.3.5.5.2 India: Macro factors
10.3.5.5.3 By application
10.3.5.6 Rest of Asia Pacific
10.3.5.6.1 Rest of Asia Pacific: Macro factors
10.3.5.6.2 By application
10.4 NORTH AMERICA
10.4.1 RECESSION IMPACT: NORTH AMERICA
10.4.2 NORTH AMERICA: MACRO FACTORS
10.4.2.1 North America: Ammonia production
10.4.2.2 North America: Hydrogen generation
10.4.2.3 North America: Installed renewable capacity
10.4.2.4 North America: Greenhouse gas emissions
10.4.3 BY TECHNOLOGY
10.4.4 BY APPLICATION
10.4.5 BY COUNTRY
10.4.5.1 US
10.4.5.1.1 High demand for transportation fuel to boost market
10.4.5.1.2 US: Macro factors
10.4.5.1.3 By application
10.4.5.2 Canada
10.4.5.2.1 Favorable policies promoting use of green ammonia to drive market
10.4.5.2.2 Canada: Macro factors
10.4.5.2.3 By application
10.4.5.3 Mexico
10.4.5.3.1 Growing fertilizer market to boost demand for green ammonia
10.4.5.3.2 Mexico: Macro factors
10.4.5.3.3 By application
10.5 REST OF THE WORLD
10.5.1 RECESSION IMPACT: ROW
10.5.2 ROW: MACRO FACTORS
10.5.2.1 Ammonia production
10.5.2.2 Hydrogen generation
10.5.2.3 Installed renewable capacity
10.5.2.4 Greenhouse gas emissions
10.5.3 BY COUNTRY
10.5.3.1 GCC Countries
10.5.3.1.1 Investments in renewable energy initiatives likely to propel market
10.5.3.1.2 Saudi Arabia
10.5.3.1.2.1 Green ammonia and hydrogen projects underway to boost economy
10.5.3.1.3 UAE
10.5.3.1.3.1 Increasing number of projects to stimulate market growth
10.5.3.1.4 UAE: Macro factors
10.5.3.1.5 Other GCC Countries
10.5.3.1.6 Macro factors
10.5.3.2 Rest of Middle East & Africa
10.5.3.2.1 Egypt: Macro factors
10.5.3.2.2 Morocco: Macro factors
10.5.3.3 Chile
10.5.3.3.1 Constant developments in energy sector to accelerate market growth
10.5.3.3.2 Chile: Macro factors
10.5.3.4 Brazil
10.5.3.4.1 Rising production of green hydrogen to drive market
10.5.3.4.2 Brazil: Macro factors
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2024
11.3 INDUSTRY CONCENTRATION
11.4 REVENUE ANALYSIS, 2019–2023
11.5 COMPANY VALUATION AND FINANCIAL MATRIX
11.6 BRAND COMPARISON
11.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
11.7.1 STARS
11.7.2 EMERGING LEADERS
11.7.3 PERVASIVE PLAYERS
11.7.4 PARTICIPANTS
11.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
11.7.5.1 Product footprint
11.7.5.2 Company footprint
11.7.5.3 Regional footprint
11.7.5.4 Technology footprint
11.7.5.5 Application footprint
11.7.5.6 Capacity footprint
11.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
11.8.1 PROGRESSIVE COMPANIES
11.8.2 RESPONSIVE COMPANIES
11.8.3 DYNAMIC COMPANIES
11.8.4 STARTING BLOCKS
11.8.5 COMPETITIVE BENCHMARKING: KEY STARTUPS/SMES, 2023
11.9 COMPETITIVE SCENARIO
11.9.1 PRODUCT LAUNCHES
11.9.2 DEALS
11.9.3 EXPANSIONS
11.9.4 OTHER DEVELOPMENTS
12 COMPANY PROFILES
12.1 PRODUCERS
12.1.1 ACME
12.1.1.1 Business overview
12.1.1.2 Products/Services/Solutions offered
12.1.1.3 Recent developments
12.1.1.3.1 Deals
12.1.1.3.2 Expansions
12.1.1.3.3 Other developments
12.1.1.4 MnM view
12.1.1.4.1 Right to win
12.1.1.4.2 Strategic choices
12.1.1.4.3 Weaknesses & competitive threats
12.1.2 YARA
12.1.2.1 Business overview
12.1.2.2 Products/Services/Solutions offered
12.1.2.3 Recent developments
12.1.2.3.1 Deals
12.1.2.3.2 Expansions
12.1.2.3.3 Other developments
12.1.2.4 MnM view
12.1.2.4.1 Right to win
12.1.2.4.2 Strategic choices
12.1.2.4.3 Weaknesses & competitive threats
12.1.3 BASF SE
12.1.3.1 Business overview
12.1.3.2 Products/Services/Solutions offered
12.1.3.3 Recent developments
12.1.3.3.1 Deals
12.1.4 SIEMENS ENERGY
12.1.4.1 Business overview
12.1.4.2 Products/Services/Solutions offered
12.1.4.3 Recent developments
12.1.4.3.1 Deals
12.1.4.4 MnM view
12.1.4.4.1 Right to win
12.1.4.4.2 Strategic choices
12.1.4.4.3 Weaknesses & competitive threats
12.1.5 ENGIE
12.1.5.1 Business overview
12.1.5.2 Products/Services/Solutions offered
12.1.5.3 Recent developments
12.1.5.3.1 Deals
12.1.6 CF INDUSTRIES HOLDINGS, INC.
12.1.6.1 Business overview
12.1.6.2 Products/Services/Solutions offered
12.1.6.3 Recent developments
12.1.6.3.1 Deals
12.1.6.3.2 Other developments
12.1.7 UNIPER SE
12.1.7.1 Business overview
12.1.7.2 Products/Services/Solutions offered
12.1.7.3 Recent developments
12.1.7.3.1 Deals
12.1.8 GREENKO GROUP
12.1.8.1 Business overview
12.1.8.2 Products/Services/Solutions offered
12.1.8.3 Recent developments
12.1.8.3.1 Deals
12.1.8.3.2 Other developments
12.2 OTHER PRODUCERS
12.2.1 FIRST AMMONIA
12.2.2 STARFIRE ENERGY
12.2.3 ALLIED GREEN AMMONIA PTY LTD
12.3 TECHNOLOGY PROVIDERS
12.3.1 THYSSENKRUPP AG
12.3.1.1 Business overview
12.3.1.2 Products/Services/Solutions offered
12.3.1.3 Recent developments
12.3.1.3.1 Deals
12.3.1.3.2 Other developments
12.3.1.4 MnM view
12.3.1.4.1 Right to win
12.3.1.4.2 Strategic choices
12.3.1.4.3 Weaknesses & competitive threats
12.3.2 NEL ASA
12.3.2.1 Business overview
12.3.2.2 Products/Services/Solutions offered
12.3.2.3 Recent developments
12.3.2.3.1 Deals
12.3.2.3.2 Expansions
12.3.2.3.3 Other developments
12.3.2.4 MnM view
12.3.2.4.1 Right to win
12.3.2.4.2 Strategic choices
12.3.2.4.3 Weaknesses & competitive threats
12.3.3 ITM POWER PLC
12.3.3.1 Business overview
12.3.3.2 Products/Services/Solutions offered
12.3.3.3 Recent developments
12.3.3.3.1 Deals
12.3.3.3.2 Expansions
12.3.3.3.3 Other developments
12.3.4 GREEN HYDROGEN SYSTEMS
12.3.4.1 Business overview
12.3.4.2 Products/Services/Solutions offered
12.3.4.3 Recent developments
12.3.4.3.1 Deals
12.3.4.3.2 Expansions
12.3.4.3.3 Other developments
12.3.5 MCPHY ENERGY S.A.
12.3.5.1 Business overview
12.3.5.2 Products/Services/Solutions offered
12.3.5.3 Recent developments
12.3.5.3.1 Deals
12.3.5.3.2 Expansions
12.3.5.3.3 Other developments
12.3.6 CUMMINS INC.
12.3.6.1 Business overview
12.3.6.2 Products/Services/Solutions offered
12.3.6.3 Recent developments
12.3.6.3.1 Deals
12.3.7 ENAPTER S.R.L.
12.3.7.1 Business overview
12.3.7.2 Products/Services/Solutions offered
12.3.7.3 Recent developments
12.3.7.3.1 Product launches
12.3.7.3.2 Deals
12.3.7.3.3 Expansions
12.3.7.3.4 Other developments
12.3.8 TOPSOE
12.3.8.1 Business overview
12.3.8.2 Products/Services/Solutions offered
12.3.8.3 Recent developments
12.3.8.3.1 Deals
12.3.8.3.2 Expansions
12.3.8.3.3 Other developments
12.3.9 FUELPOSITIVE
12.3.9.1 Business overview
12.3.9.2 Products/Services/Solutions offered
12.3.9.3 Recent developments
12.3.9.3.1 Product launches
12.3.9.3.2 Deals
12.3.9.3.3 Expansions
12.3.9.3.4 Other developments
12.4 OTHER TECHNOLOGY PROVIDERS
12.4.1 LONGI
12.5 AMMONIA PLANT EPC COMPANIES
12.5.1 IBERDROLA, S.A.
12.5.1.1 Business overview
12.5.1.2 Recent developments
12.5.1.2.1 Deals
12.6 OTHER AMMONIA PLANT EPC COMPANIES
12.6.1 HIRINGA ENERGY LTD
12.6.2 CEEC GLOBAL LTD
12.6.3 HYGENCO
13 APPENDIX
13.1 INSIGHTS FROM INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 CUSTOMIZATION OPTIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 INCLUSIONS AND EXCLUSIONS
1.3.2 MARKETS COVERED
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
1.8 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH APPROACH
2.2 DATA TRIANGULATION
2.2.1 PRIMARY AND SECONDARY RESEARCH
2.2.1.1 Secondary data
2.2.1.2 List of major secondary sources
2.2.1.3 Key data from secondary sources
2.2.2 PRIMARY DATA
2.2.2.1 List of primary interview participants
2.2.2.2 Key data from primary sources
2.2.2.3 Breakdown of primaries
2.3 MARKET SIZE ESTIMATION METHODOLOGY
2.3.1 BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
2.4 DEMAND-SIDE ANALYSIS
2.4.1 DEMAND-SIDE METRICS
2.4.1.1 Assumptions for demand-side analysis
2.4.1.2 Calculations for demand-side analysis
2.4.2 SUPPLY-SIDE ANALYSIS
2.4.2.1 Assumptions for supply-side analysis
2.4.2.2 Calculations for supply-side analysis
2.4.3 FORECAST
2.5 RESEARCH LIMITATIONS
2.6 RISK ANALYSIS
2.7 IMPACT OF RECESSION ON MARKET
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN GREEN AMMONIA MARKET
4.2 GREEN AMMONIA MARKET, BY REGION
4.3 GREEN AMMONIA MARKET, BY TECHNOLOGY
4.4 GREEN AMMONIA MARKET, BY CAPACITY
4.5 GREEN AMMONIA MARKET, BY APPLICATION
4.6 GREEN AMMONIA MARKET IN EUROPE, BY APPLICATION AND COUNTRY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Need to store renewable energy for longer term
5.2.1.2 Regulatory policies and incentives to reduce GHG emissions
5.2.1.3 Increased need for eco-friendly fertilizers
5.2.2 RESTRAINTS
5.2.2.1 High initial setup costs
5.2.3 OPPORTUNITIES
5.2.3.1 Potential of ammonia as maritime fuel
5.2.3.2 Increasing focus on building hydrogen-based economy
5.2.3.3 Plans to achieve net-zero and electrolyzers target
5.2.4 CHALLENGES
5.2.4.1 Lack of information about green ammonia among chemical manufacturers
5.2.4.2 Low level of technology readiness for use of ammonia as zero-carbon fertilizer, fuel, and energy storage
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.3.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR PROVIDERS OF GREEN AMMONIA
5.4 SUPPLY CHAIN ANALYSIS
5.4.1 TECHNOLOGY PROVIDERS
5.4.2 PRODUCERS
5.4.3 AMMONIA PLANT EPC COMPANIES
5.4.4 END USERS
5.5 ECOSYSTEM ANALYSIS
5.6 TECHNOLOGY ANALYSIS
5.6.1 KEY TECHNOLOGIES
5.6.1.1 Electrolyzer-based Haber-Bosch process
5.6.1.2 Proton exchange membrane electrolysis
5.6.1.3 Alkaline electrolysis
5.6.1.4 Solid oxide electrolysis
5.6.2 COMPLEMENTARY TECHNOLOGY ANALYSIS
5.6.2.1 Electrochemical synthesis
5.6.2.2 Photochemical synthesis
5.6.2.3 Biomass with carbon capture and storage
5.7 CASE STUDY ANALYSIS
5.7.1 DOWNSCALING HABER-BOSCH
5.7.1.1 Background
5.7.1.2 Challenges
5.7.1.3 Solution
5.7.2 STORING AND TRANSPORTING RENEWABLE ENERGY
5.7.2.1 Background
5.7.2.2 Challenges
5.7.2.3 Solution
5.7.3 DEVELOPING CARBON-FREE ENERGY SYSTEMS WITH GREEN AMMONIA
5.7.3.1 Background
5.7.3.2 Challenges
5.7.3.3 Solution
5.8 PATENT ANALYSIS
5.9 TRADE ANALYSIS
5.9.1 HS CODE 2814
5.9.1.1 Export scenario
5.9.1.2 Import scenario
5.9.2 HS CODE 280410
5.9.2.1 Export scenario
5.9.2.2 Import scenario
5.9.3 HS CODE 280430
5.9.3.1 Export scenario
5.9.3.2 Import scenario
5.10 PRICING ANALYSIS
5.10.1 AVERAGE LEVELIZED COST OF GREEN AMMONIA, BY REGION
5.10.2 INDICATIVE PRICING ANALYSIS, BY TECHNOLOGY (USD)
5.11 KEY CONFERENCES & EVENTS, 2024–2025
5.12 MARKET MAP
5.13 REGULATORY LANDSCAPE
5.13.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.13.2 REGULATIONS
5.14 PORTER'S FIVE FORCES ANALYSIS
5.14.1 THREAT OF SUBSTITUTES
5.14.2 BARGAINING POWER OF SUPPLIERS
5.14.3 BARGAINING POWER OF BUYERS
5.14.4 THREAT OF NEW ENTRANTS
5.14.5 INTENSITY OF COMPETITIVE RIVALRY
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.15.2 BUYING CRITERIA
5.16 INVESTMENT AND FUNDING SCENARIO
6 KEY ELEMENTS IN GREEN AMMONIA PRODUCTION
6.1 NECESSARY ELEMENTS TO PRODUCE GREEN AMMONIA
6.1.1 POWER SOURCE
6.1.2 ELECTROLYZERS
6.1.3 HABER-BOSCH REACTORS
6.1.4 AIR SEPARATION UNITS
6.1.5 AMMONIA STORAGE UNITS
7 GREEN AMMONIA MARKET, BY TECHNOLOGY
7.1 INTRODUCTION
7.2 ALKALINE WATER ELECTROLYSIS
7.2.1 MATURITY AND COST-EFFECTIVENESS – KEY GROWTH DRIVERS
7.3 PROTON EXCHANGE MEMBRANE ELECTROLYSIS
7.3.1 FLEXIBLE TECHNOLOGY FOR DYNAMIC AND INTERMITTENT RENEWABLE ENERGY SYSTEMS
7.4 SOLID OXIDE ELECTROLYSIS
7.4.1 LOW DEMAND DUE TO INSTABILITY OF POWER SOURCES
8 GREEN AMMONIA MARKET, BY CAPACITY
8.1 INTRODUCTION
8.2 SMALL-SCALE
8.2.1 FLEXIBILITY AND LOWER CAPITAL INVESTMENT TO FUEL GROWTH
8.3 MEDIUM-SCALE
8.3.1 RISING REGIONAL AND LOCAL DEMAND TO BOOST GROWTH
8.4 LARGE-SCALE
8.4.1 EXTENSIVE PRODUCTION CAPACITY TO EXPEDITE GROWTH
9 GREEN AMMONIA MARKET, BY APPLICATION
9.1 INTRODUCTION
9.2 INDUSTRIAL FEEDSTOCK
9.2.1 FERTILIZERS
9.2.1.1 Wide-scale use of ammonia in production of agricultural fertilizers
9.2.2 CHEMICAL, PHARMACEUTICAL, TEXTILE
9.2.2.1 Growing demand from industries for sustainability
9.3 POWER GENERATION
9.3.1 CRUCIAL ROLE IN GAS TURBINES TO BOOST MARKET GROWTH
9.4 TRANSPORTATION
9.4.1 INCREASING INVESTMENTS IN FUEL CELL PROJECTS TO DRIVE MARKET
10 GREEN AMMONIA MARKET, BY REGION
10.1 INTRODUCTION
10.2 EUROPE
10.2.1 RECESSION IMPACT: EUROPE
10.2.2 EUROPE: MACRO FACTORS
10.2.2.1 Europe: Ammonia production
10.2.2.2 Europe: Hydrogen generation
10.2.2.3 Europe: Installed renewable capacity
10.2.2.4 Europe: Greenhouse gas emissions
10.2.3 BY TECHNOLOGY
10.2.4 BY APPLICATION
10.2.5 BY COUNTRY
10.2.5.1 Germany
10.2.5.1.1 Ongoing green ammonia projects to stimulate market growth
10.2.5.1.2 Germany: Macro factors
10.2.5.1.3 By application
10.2.5.2 UK
10.2.5.2.1 Role of green ammonia in country's net-zero emission goal to boost production
10.2.5.2.2 UK: Macro factors
10.2.5.2.3 By application
10.2.5.3 Netherlands
10.2.5.3.1 Favorable government policies and initiatives to drive market
10.2.5.3.2 Netherlands: Macro factors
10.2.5.3.3 By application
10.2.5.4 Denmark
10.2.5.4.1 Investments in large-scale green ammonia projects to fuel market growth
10.2.5.4.2 Denmark: Macro factors
10.2.5.4.3 By application
10.2.5.5 Norway
10.2.5.5.1 Need for carbon-free products in country to boost market growth
10.2.5.5.2 Norway: Macro factors
10.2.5.5.3 By application
10.2.5.6 Spain
10.2.5.6.1 Significant growth in green ammonia projects due to excellent resources
10.2.5.6.2 Spain: Macro factors
10.2.5.6.3 By application
10.2.5.7 Rest of Europe
10.2.5.7.1 Rest of Europe: Macro factors
10.2.5.7.2 By application
10.3 ASIA PACIFIC
10.3.1 RECESSION IMPACT: ASIA PACIFIC
10.3.2 ASIA PACIFIC: MACRO FACTORS
10.3.2.1 Asia Pacific: Ammonia production
10.3.2.2 Asia Pacific: Hydrogen generation
10.3.2.3 Asia Pacific: Installed renewable capacity
10.3.2.4 Asia Pacific: Greenhouse gas emissions
10.3.3 BY TECHNOLOGY
10.3.4 BY APPLICATION
10.3.5 BY COUNTRY
10.3.5.1 Australia
10.3.5.1.1 Increasing focus on renewable energy production to drive market
10.3.5.1.2 Australia: Macro factors
10.3.5.1.3 By application
10.3.5.2 China
10.3.5.2.1 Acceleration of green ammonia production in China to drive market growth
10.3.5.2.2 China: Macro factors
10.3.5.2.3 By application
10.3.5.3 Japan
10.3.5.3.1 Favorable policies promoting use of green ammonia to support market growth
10.3.5.3.2 Japan: Macro factors
10.3.5.3.3 By application
10.3.5.4 New Zealand
10.3.5.4.1 Innovations and subsidies for hydrogen and ammonia energy to boost market growth
10.3.5.4.2 New Zealand: Macro factors
10.3.5.4.3 By application
10.3.5.5 India
10.3.5.5.1 Growing green ammonia consumption in mobility sector to propel market
10.3.5.5.2 India: Macro factors
10.3.5.5.3 By application
10.3.5.6 Rest of Asia Pacific
10.3.5.6.1 Rest of Asia Pacific: Macro factors
10.3.5.6.2 By application
10.4 NORTH AMERICA
10.4.1 RECESSION IMPACT: NORTH AMERICA
10.4.2 NORTH AMERICA: MACRO FACTORS
10.4.2.1 North America: Ammonia production
10.4.2.2 North America: Hydrogen generation
10.4.2.3 North America: Installed renewable capacity
10.4.2.4 North America: Greenhouse gas emissions
10.4.3 BY TECHNOLOGY
10.4.4 BY APPLICATION
10.4.5 BY COUNTRY
10.4.5.1 US
10.4.5.1.1 High demand for transportation fuel to boost market
10.4.5.1.2 US: Macro factors
10.4.5.1.3 By application
10.4.5.2 Canada
10.4.5.2.1 Favorable policies promoting use of green ammonia to drive market
10.4.5.2.2 Canada: Macro factors
10.4.5.2.3 By application
10.4.5.3 Mexico
10.4.5.3.1 Growing fertilizer market to boost demand for green ammonia
10.4.5.3.2 Mexico: Macro factors
10.4.5.3.3 By application
10.5 REST OF THE WORLD
10.5.1 RECESSION IMPACT: ROW
10.5.2 ROW: MACRO FACTORS
10.5.2.1 Ammonia production
10.5.2.2 Hydrogen generation
10.5.2.3 Installed renewable capacity
10.5.2.4 Greenhouse gas emissions
10.5.3 BY COUNTRY
10.5.3.1 GCC Countries
10.5.3.1.1 Investments in renewable energy initiatives likely to propel market
10.5.3.1.2 Saudi Arabia
10.5.3.1.2.1 Green ammonia and hydrogen projects underway to boost economy
10.5.3.1.3 UAE
10.5.3.1.3.1 Increasing number of projects to stimulate market growth
10.5.3.1.4 UAE: Macro factors
10.5.3.1.5 Other GCC Countries
10.5.3.1.6 Macro factors
10.5.3.2 Rest of Middle East & Africa
10.5.3.2.1 Egypt: Macro factors
10.5.3.2.2 Morocco: Macro factors
10.5.3.3 Chile
10.5.3.3.1 Constant developments in energy sector to accelerate market growth
10.5.3.3.2 Chile: Macro factors
10.5.3.4 Brazil
10.5.3.4.1 Rising production of green hydrogen to drive market
10.5.3.4.2 Brazil: Macro factors
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2024
11.3 INDUSTRY CONCENTRATION
11.4 REVENUE ANALYSIS, 2019–2023
11.5 COMPANY VALUATION AND FINANCIAL MATRIX
11.6 BRAND COMPARISON
11.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
11.7.1 STARS
11.7.2 EMERGING LEADERS
11.7.3 PERVASIVE PLAYERS
11.7.4 PARTICIPANTS
11.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
11.7.5.1 Product footprint
11.7.5.2 Company footprint
11.7.5.3 Regional footprint
11.7.5.4 Technology footprint
11.7.5.5 Application footprint
11.7.5.6 Capacity footprint
11.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
11.8.1 PROGRESSIVE COMPANIES
11.8.2 RESPONSIVE COMPANIES
11.8.3 DYNAMIC COMPANIES
11.8.4 STARTING BLOCKS
11.8.5 COMPETITIVE BENCHMARKING: KEY STARTUPS/SMES, 2023
11.9 COMPETITIVE SCENARIO
11.9.1 PRODUCT LAUNCHES
11.9.2 DEALS
11.9.3 EXPANSIONS
11.9.4 OTHER DEVELOPMENTS
12 COMPANY PROFILES
12.1 PRODUCERS
12.1.1 ACME
12.1.1.1 Business overview
12.1.1.2 Products/Services/Solutions offered
12.1.1.3 Recent developments
12.1.1.3.1 Deals
12.1.1.3.2 Expansions
12.1.1.3.3 Other developments
12.1.1.4 MnM view
12.1.1.4.1 Right to win
12.1.1.4.2 Strategic choices
12.1.1.4.3 Weaknesses & competitive threats
12.1.2 YARA
12.1.2.1 Business overview
12.1.2.2 Products/Services/Solutions offered
12.1.2.3 Recent developments
12.1.2.3.1 Deals
12.1.2.3.2 Expansions
12.1.2.3.3 Other developments
12.1.2.4 MnM view
12.1.2.4.1 Right to win
12.1.2.4.2 Strategic choices
12.1.2.4.3 Weaknesses & competitive threats
12.1.3 BASF SE
12.1.3.1 Business overview
12.1.3.2 Products/Services/Solutions offered
12.1.3.3 Recent developments
12.1.3.3.1 Deals
12.1.4 SIEMENS ENERGY
12.1.4.1 Business overview
12.1.4.2 Products/Services/Solutions offered
12.1.4.3 Recent developments
12.1.4.3.1 Deals
12.1.4.4 MnM view
12.1.4.4.1 Right to win
12.1.4.4.2 Strategic choices
12.1.4.4.3 Weaknesses & competitive threats
12.1.5 ENGIE
12.1.5.1 Business overview
12.1.5.2 Products/Services/Solutions offered
12.1.5.3 Recent developments
12.1.5.3.1 Deals
12.1.6 CF INDUSTRIES HOLDINGS, INC.
12.1.6.1 Business overview
12.1.6.2 Products/Services/Solutions offered
12.1.6.3 Recent developments
12.1.6.3.1 Deals
12.1.6.3.2 Other developments
12.1.7 UNIPER SE
12.1.7.1 Business overview
12.1.7.2 Products/Services/Solutions offered
12.1.7.3 Recent developments
12.1.7.3.1 Deals
12.1.8 GREENKO GROUP
12.1.8.1 Business overview
12.1.8.2 Products/Services/Solutions offered
12.1.8.3 Recent developments
12.1.8.3.1 Deals
12.1.8.3.2 Other developments
12.2 OTHER PRODUCERS
12.2.1 FIRST AMMONIA
12.2.2 STARFIRE ENERGY
12.2.3 ALLIED GREEN AMMONIA PTY LTD
12.3 TECHNOLOGY PROVIDERS
12.3.1 THYSSENKRUPP AG
12.3.1.1 Business overview
12.3.1.2 Products/Services/Solutions offered
12.3.1.3 Recent developments
12.3.1.3.1 Deals
12.3.1.3.2 Other developments
12.3.1.4 MnM view
12.3.1.4.1 Right to win
12.3.1.4.2 Strategic choices
12.3.1.4.3 Weaknesses & competitive threats
12.3.2 NEL ASA
12.3.2.1 Business overview
12.3.2.2 Products/Services/Solutions offered
12.3.2.3 Recent developments
12.3.2.3.1 Deals
12.3.2.3.2 Expansions
12.3.2.3.3 Other developments
12.3.2.4 MnM view
12.3.2.4.1 Right to win
12.3.2.4.2 Strategic choices
12.3.2.4.3 Weaknesses & competitive threats
12.3.3 ITM POWER PLC
12.3.3.1 Business overview
12.3.3.2 Products/Services/Solutions offered
12.3.3.3 Recent developments
12.3.3.3.1 Deals
12.3.3.3.2 Expansions
12.3.3.3.3 Other developments
12.3.4 GREEN HYDROGEN SYSTEMS
12.3.4.1 Business overview
12.3.4.2 Products/Services/Solutions offered
12.3.4.3 Recent developments
12.3.4.3.1 Deals
12.3.4.3.2 Expansions
12.3.4.3.3 Other developments
12.3.5 MCPHY ENERGY S.A.
12.3.5.1 Business overview
12.3.5.2 Products/Services/Solutions offered
12.3.5.3 Recent developments
12.3.5.3.1 Deals
12.3.5.3.2 Expansions
12.3.5.3.3 Other developments
12.3.6 CUMMINS INC.
12.3.6.1 Business overview
12.3.6.2 Products/Services/Solutions offered
12.3.6.3 Recent developments
12.3.6.3.1 Deals
12.3.7 ENAPTER S.R.L.
12.3.7.1 Business overview
12.3.7.2 Products/Services/Solutions offered
12.3.7.3 Recent developments
12.3.7.3.1 Product launches
12.3.7.3.2 Deals
12.3.7.3.3 Expansions
12.3.7.3.4 Other developments
12.3.8 TOPSOE
12.3.8.1 Business overview
12.3.8.2 Products/Services/Solutions offered
12.3.8.3 Recent developments
12.3.8.3.1 Deals
12.3.8.3.2 Expansions
12.3.8.3.3 Other developments
12.3.9 FUELPOSITIVE
12.3.9.1 Business overview
12.3.9.2 Products/Services/Solutions offered
12.3.9.3 Recent developments
12.3.9.3.1 Product launches
12.3.9.3.2 Deals
12.3.9.3.3 Expansions
12.3.9.3.4 Other developments
12.4 OTHER TECHNOLOGY PROVIDERS
12.4.1 LONGI
12.5 AMMONIA PLANT EPC COMPANIES
12.5.1 IBERDROLA, S.A.
12.5.1.1 Business overview
12.5.1.2 Recent developments
12.5.1.2.1 Deals
12.6 OTHER AMMONIA PLANT EPC COMPANIES
12.6.1 HIRINGA ENERGY LTD
12.6.2 CEEC GLOBAL LTD
12.6.3 HYGENCO
13 APPENDIX
13.1 INSIGHTS FROM INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 CUSTOMIZATION OPTIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
