Green Ammonia Market Overview

The global green ammonia market is projected to reach US$ 8.42 Billion by 2035 from US$ 1.92 Billion in 2025. The market is expected to register a CAGR of 67.3% during 2025–2035. This growth is primarily attributed to the increasing global focus on sustainable energy solutions, carbon-neutral fuels, and decarbonization of industries.

Green ammonia, produced by renewable energy sources such as wind, solar, and hydropower using electrolysis, is emerging as a clean alternative to conventional ammonia, which is typically derived from fossil fuels. The market is gaining traction as industries seek low-carbon alternatives in agriculture, transport, and power generation to reduce greenhouse gas emissions. With governments and companies increasingly investing in hydrogen-based fuels and green chemicals. The green ammonia market size is expected to grow at a high rate, supported by favorable policies, subsidies, and research and development activities. The green ammonia market trends are moving toward growing use in fertilizer production, marine fuel applications, and energy storage, with companies exploring innovative ways to integrate green ammonia into hydrogen economies. Further, the growing prospects of green ammonia as a zero-emission shipping fuel and industrial power generation are attracting enormous investments. The market analysis and projected demand suggest that technological advancements in electrolyzers, fuel cells, and ammonia storage infrastructure will further spur market growth.

Green Ammonia Market Drivers and Opportunities

​​Rising demand for carbon-neutral fertilizers is likely to propel the green ammonia market during the forecast period

Agriculture is one of the largest users of ammonia, which is used primarily in fertilizer production to improve crop yields. Conventional ammonia production, however, is fossil fuel-based, primarily using natural gas, and is therefore a significant contributor to carbon emissions. As sustainability becomes the foremost consideration, the demand for carbon-neutral fertilizers produced from green ammonia is rising. Governments, agri-business firms, and environmental organizations are advocating for low-emission farming methods, thus initiating higher investments in green ammonia production. The market size of the Green Ammonia Market is expanding as big fertilizer firms are adopting renewable hydrogen-based ammonia in response to climate change commitments and government regulations. Environmental regulations with stringent targets, like the Farm to Fork Strategy of the European Union, require reducing carbon footprints in agri-supply chains. Furthermore, the world population is rising, increasing demand for sustainable agriculture solutions that can provide food security while minimizing environmental impacts. Breakthroughs in electrolyzers and renewable hydrogen production are making green ammonia increasingly viable, further inducing its use in the fertilizer industry. With the continuation of government subsidies, grants, and R&D initiatives, the Green Ammonia Market is likely to increase significantly, primarily in agriculture.

Increasing investments in renewable energy-based hydrogen productions is the primary driver for the future of the global green ammonia market

Green ammonia manufacturing is closely associated with the development of green hydrogen, which is manufactured through electrolysis based on renewable energy from solar and wind power. As governments and corporations worldwide speed up plans to switch to low-carbon energy sources, investments in renewable hydrogen manufacturing are growing quickly. Germany, Australia, and Japan are at the forefront with big green hydrogen ventures, which in turn boost the development of the Green Ammonia Market.

As the price of solar and wind energy comes down, the economics of green hydrogen-based ammonia is improving, and it is proving to be a strong contender for fossil fuel-based ammonia. The majority of the energy majors and chemicals producers are forming joint ventures and pilot projects to scale up the production capacity of green ammonia. The market and trends analysis indicate that investment by the public and private sectors is playing a crucial role in developing large-scale hydrogen electrolysis-based ammonia plants. As the momentum in the transition to clean energy gathers speed, growth in the green ammonia market is likely to boom, particularly in nations with strong renewable energy infrastructure and government incentives.

​Development of energy storage and grid balancing solutions is anticipated to create favorable opportunities in the worldwide green ammonia market

One of the most promising opportunities in the green ammonia market is its use in energy storage and grid stabilization. Solar and wind energy, among other renewable sources, are intermittent in nature, and their generation varies subject to weather. To enable round-the-clock energy supply, the excess electricity from renewables can be utilized to synthesize green ammonia, a stable and transportable energy carrier. The green ammonia market analysis suggests that it can be stored for long periods and used to generate electricity on demand through ammonia combustion or fuel cell conversion. Countries investing in the growth of renewables are increasingly considering green ammonia as a backup power source, particularly in markets with deep renewable energy penetration. That green ammonia can be shipped across international markets further enhances its opportunities as a global energy commodity. With countries pursuing energy security and net-zero goals, the growth in the green ammonia market is likely to accelerate, creating new investment opportunities in energy storage solutions.

Green Ammonia Market Scope

Green Ammonia Market Report Segmentation Analysis

The Global Green Ammonia Market Industry Analysis Is Segmented into by Production Process, by Technology, by Application and by Region.

The electrolysis segment is anticipated to hold the highest share of the global green ammonia market during the projected timeframe.

By Production Process, the green ammonia market is segmented into electrolysis, photocatalysis, and biological nitrogen fixation. In 2025, the electrolysis emerging as the dominating segment with 63.0%, due to its efficiency, scalability, and compatibility with renewable energy sources. Electrolysis-based ammonia production involves splitting water molecules into hydrogen and oxygen using renewable electricity, which is then combined with nitrogen from the air through the Haber-Bosch process to produce carbon-free ammonia. This method eliminates the dependence on fossil fuels, significantly reducing carbon emissions, making it a preferred choice for sustainable ammonia production.

The solid oxide electrolysis segment is anticipated to hold the largest market share over the forecast period.

By Technology, the market is segmented into Solid Oxide Electrolysis, Proton Exchange Membrane, and Alkaline Water Electrolysis. The Solid Oxide Electrolysis is the dominating segment since it is highly efficient, has better technological attributes, and the ability to operate at high temperature. Solid Oxide Electrolysis Cells (SOECs) employ ceramic-based electrolytes to produce hydrogen from water by using renewable electricity and then blended with nitrogen to produce green ammonia. The process is carried out at high temperature to reduce the energy consumption and increase the conversion efficiency compared to other electrolysis processes.

Fertilizer segment was the largest market in 2025 and is anticipated to grow at the highest CAGR in the forecast period.

By Application, the green ammonia market is segmented into Fertilizer, Transportation, Power Generation, Industrial Feedstock, and Others. The Fertilizer segment is the dominant segment since there is a growing demand for green farming and the need to reduce carbon emissions in fertilizer manufacturing. Ammonia is one of the key ingredients of nitrogenous fertilizers, and with the world turning attention to green farming solutions, the adoption of green ammonia as a cleaner substitute is on the rise. Traditional ammonia production is highly carbon-intensive, but green ammonia, produced from renewable energy, offers a low-emission alternative, which is suitable for the fertilizer industry.

The following segments are part of an in-depth analysis of the global green ammonia market:

Green Ammonia Market Share Analysis by Region

Europe is projected to hold the largest share of the global green ammonia market over the forecast period.

Europe region is leading the segment with 29.3% in 2025, due to the region's strong commitment to the uptake of renewables, strict environmental regulations, and investments in large-scale green hydrogen infrastructure. European countries, including Germany, the Netherlands, Denmark, and Spain, are at the forefront of the production and utilization of green ammonia, driven by their ambitious carbon neutrality targets and decarbonization plans. The European Union's Green Deal policies, which aim to reduce greenhouse gas emissions and the uptake of sustainable energy solutions, are also boosting the market growth significantly. Europe's strong focus on the establishment of a hydrogen economy and increasing investments in electrolysis-based green ammonia projects further boost market growth.

Meanwhile, the Asia-Pacific (APAC) region will register the highest CAGR due to increased industrialization, growing renewable energy projects, and increasing government initiatives for green hydrogen and ammonia adoption. Countries such as China, Japan, India, and Australia are witnessing increased investments in green energy projects, which will make APAC a high-growth market for green ammonia over the forecast period.

Green Ammonia Market Competition Landscape Analysis

Global green ammonia market is marked by robust competition among key players focusing on innovation, strategic expansion, and sustainability. Continuous research and development efforts lead to the introduction of advanced green ammonia formulations with improved performance characteristics, catering to evolving industry demands.

Global Green Ammonia Market Recent Developments News:

In October 2024, Saipem, in collaboration with Nel ASA, has introduced IVHY™ 100, a 100 MW modular and scalable green hydrogen solution to support the decarbonization of hard-to-abate industries and renewable hydrogen production. Nel will provide its alkaline and PEM electrolyzer technologies and technical services, while Saipem will cover engineering, procurement, and construction (EPC) of the hydrogen facilities.

In October 2024, First Ammonia has partnered with Topsoe to produce 100 MW solid oxide electrolyzer (SOEC) modules for a green ammonia plant in Victoria, Texas. Production of the modules will begin at Topsoe's new Herning, Denmark, factory, which will be operational by the end of 2024. Each 100 MW module will produce up to 100,000 metric tons of green ammonia annually, with the possibility of saving between 180,000 to 240,000 metric tons of CO2 emissions annually compared to traditional production. The plant is anticipated to commence commercial operations in 2027.

The global green ammonia market is dominated by a few large companies, such as

·         BASF SE

·         Siemens Energy

·         ENGIE

·         CF Industries Holdings, Inc.

·         Uniper SE

·         Greenko Group

·         First Ammonia

·         Starfire Energy

·         Allied Green Ammonia Pty Ltd

·         thyssenkrupp AG

·         Nel ASA

·         ITM Power PLC

·         Green Hydrogen Systems

·         McPhy Energy S.A.

·         Cummins Inc.

·         Enapter S.r.l.

·         Hiringa Energy Ltd

·         CEEC Global Ltd

·         Hygenco

·         Others                                                                                       

1.      Global Green Ammonia Market Introduction and Market Overview

1.1.    Objectives of the Study

1.2.    Global Green Ammonia Market Scope and Market Estimation

1.2.1. Global Green Ammonia Overall Market Size (US$ Bn), Market CAGR (%), Market forecast (2025 - 2035)

1.2.2. Global Green Ammonia Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2021 - 2035

1.3.    Market Segmentation

1.3.1. Production Process of Global Green Ammonia Market

1.3.2. Technology of Global Green Ammonia Market

1.3.3. Application of Global Green Ammonia Market

1.3.4. Region of Global Green Ammonia Market

2.      Executive Summary

2.1.    Demand Side Trends

2.2.    Key Market Trends

2.3.    Market Demand (US$ Bn) Analysis 2021 – 2024 and Forecast, 2025 – 2035

2.4.    Demand and Opportunity Assessment

2.5.    Demand Supply Scenario

2.6.    Market Dynamics

2.6.1. Drivers

2.6.2. Limitations

2.6.3. Opportunities

2.6.4. Impact Analysis of Drivers and Restraints

2.7.    Pricing Trends Analysis

2.8.    Overview of Technology Developments

2.9.    Porter’s Five Forces Analysis

2.9.1. Bargaining Power of Suppliers

2.9.2. Bargaining Power of Buyers

2.9.3. Threat of Substitutes

2.9.4. Threat of New Entrants

2.9.5. Competitive Rivalry

2.10.  PEST Analysis

2.10.1.   Political Factors

2.10.2.   Economic Factors

2.10.3.   Social Factors

2.10.4.   Technology Factors

2.11.  Value Chain / Ecosystem Analysis

2.12.  Key Regulation

3.      Global Green Ammonia Market Estimates & Historical Trend Analysis (2021 - 2024)

4.      Global Green Ammonia Market Estimates & Forecast Trend Analysis, by Production Process

4.1.    Global Green Ammonia Market Revenue (US$ Bn) Estimates and Forecasts, by Production Process, 2021 - 2035

4.1.1. Proton Exchange Membrane Electrolyzer

4.1.2. Alkaline Electrolyzer

4.1.3. Solid Oxide Electrolyzer

4.1.4. Others

5.      Global Green Ammonia Market Estimates & Forecast Trend Analysis, by Technology

5.1.    Global Green Ammonia Market Revenue (US$ Bn) Estimates and Forecasts, by Technology, 2021 - 2035

5.1.1. Solar Energy

5.1.2. Wind Energy

5.1.3. Others

6.      Global Green Ammonia Market Estimates & Forecast Trend Analysis, by Application

6.1.    Global Green Ammonia Market Revenue (US$ Bn) Estimates and Forecasts, by Application, 2021 - 2035

6.1.1.Power Generation

6.1.2.Transportation

6.1.3.Others

7.      Global Green Ammonia Market Estimates & Forecast Trend Analysis, by Region

7.1.    Global Green Ammonia Market Revenue (US$ Bn) Estimates and Forecasts, by Region, 2021 - 2035

7.1.1. North America

7.1.2. Eastern Europe

7.1.3. Western Europe

7.1.4. Asia Pacific

7.1.5. Middle East & Africa

7.1.6. Latin America

8.      North America Green Ammonia Market: Estimates & Forecast Trend Analysis

8.1.    North America Green Ammonia Market Assessments & Key Findings

8.1.1. North America Green Ammonia Market Introduction

8.1.2. North America Green Ammonia Market Size Estimates and Forecast (US$ Billion) (2021 - 2035)

8.1.2.1.   By Production Process

8.1.2.2.   By Technology

8.1.2.3.   By Application

8.1.2.4.   By Country

8.1.2.4.1.     The U.S.

8.1.2.4.2.     Canada

8.1.2.4.3.     Mexico

9.      Western Europe Green Ammonia Market: Estimates & Forecast Trend Analysis

9.1.    Western Europe Green Ammonia Market Assessments & Key Findings

9.1.1. Western Europe Green Ammonia Market Introduction

9.1.2. Western Europe Green Ammonia Market Size Estimates and Forecast (US$ Billion) (2021 - 2035)

9.1.2.1.   By Production Process

9.1.2.2.   By Technology

9.1.2.3.   By Application

9.1.2.4.        By Country

9.1.2.4.1.      Germany

9.1.2.4.2.      Italy

9.1.2.4.3.      U.K.

9.1.2.4.4.      France

9.1.2.4.5.      Spain

9.1.2.4.6.      Benelux

9.1.2.4.7.      Nordics

9.1.2.4.8.     Rest of W. Europe

10.  Eastern Europe Green Ammonia Market: Estimates & Forecast Trend Analysis

10.1.  Eastern Europe Green Ammonia Market Assessments & Key Findings

10.1.1.   Eastern Europe Green Ammonia Market Introduction

10.1.2.   Eastern Europe Green Ammonia Market Size Estimates and Forecast (US$ Billion) (2021 - 2035)

10.1.2.1.    By Production Process

10.1.2.2.    By Technology

10.1.2.3.    By Application

10.1.2.4.    By Country

10.1.2.4.1.  Russia

10.1.2.4.2.  Hungary

10.1.2.4.3.  Poland

10.1.2.4.4.  Balkan & Baltics

10.1.2.4.5. Rest of E. Europe

11.  Asia Pacific Green Ammonia Market: Estimates & Forecast Trend Analysis

11.1.  Asia Pacific Market Assessments & Key Findings

11.1.1.   Asia Pacific Green Ammonia Market Introduction

11.1.2.   Asia Pacific Green Ammonia Market Size Estimates and Forecast (US$ Billion) (2021 - 2035)

11.1.2.1.    By Production Process

11.1.2.2.    By Technology

11.1.2.3.    By Application

11.1.2.4.    By Country

11.1.2.4.1. China

11.1.2.4.2. Japan

11.1.2.4.3. India

11.1.2.4.4. Australia & New Zealand

11.1.2.4.5. South Korea

11.1.2.4.6. ASEAN

11.1.2.4.7. Rest of Asia Pacific

12.  Middle East & Africa Green Ammonia Market: Estimates & Forecast Trend Analysis

12.1.  Middle East & Africa Market Assessments & Key Findings

12.1.1.   Middle East & Africa Green Ammonia Market Introduction

12.1.2.   Middle East & Africa Green Ammonia Market Size Estimates and Forecast (US$ Billion) (2021 - 2035)

12.1.2.1.    By Production Process

12.1.2.2.    By Technology

12.1.2.3.    By Application

12.1.2.4.    By Country

12.1.2.4.1. UAE

12.1.2.4.2. Saudi Arabia

12.1.2.4.3. Turkey

12.1.2.4.4. South Africa

12.1.2.4.5. Rest of MEA

13.  Latin America Green Ammonia Market: Estimates & Forecast Trend Analysis

13.1.  Latin America Market Assessments & Key Findings

13.1.1.   Latin America Green Ammonia Market Introduction

13.1.2.   Latin America Green Ammonia Market Size Estimates and Forecast (US$ Billion) (2021 - 2035)

13.1.2.1.    By Production Process

13.1.2.2.    By Technology

13.1.2.3.    By Application

13.1.2.4.    By Country

13.1.2.4.1. Brazil

13.1.2.4.2. Argentina

13.1.2.4.3. Colombia

13.1.2.4.4. Rest of LATAM

14.  Country Wise Market: Introduction

15.  Competition Landscape

15.1.  Global Green Ammonia Market Product Mapping

15.2.  Global Green Ammonia Market Concentration Analysis, by Leading Players / Innovators / Emerging Players / New Entrants

15.3.  Global Green Ammonia Market Tier Structure Analysis

15.4.  Global Green Ammonia Market Concentration & Company Market Shares (%) Analysis, 2023

16.  Company Profiles

16.1.      BASF SE

16.1.1.   Company Overview & Key Stats

16.1.2.   Financial Performance & KPIs

16.1.3.   Product Portfolio

16.1.4.   SWOT Analysis

16.1.5.   Business Strategy & Recent Developments

* Similar details would be provided for all the players mentioned below 

16.2.      Siemens Energy

16.3.      ENGIE

16.4.      CF Industries Holdings, Inc.

16.5.      Uniper SE

16.6.      Greenko Group

16.7.      First Ammonia

16.8.      Starfire Energy

16.9.      Allied Green Ammonia Pty Ltd

16.10.  thyssenkrupp AG

16.11.  Nel ASA

16.12.  ITM Power PLC

16.13.  Green Hydrogen Systems

16.14.  McPhy Energy S.A.

16.15.  Cummins Inc.

16.16.  Enapter S.r.l.

16.17.  Hiringa Energy Ltd

16.18.  CEEC Global Ltd

16.19.  Hygenco

16.20.  Others

17.  Research Methodology

17.1.  External Transportations / Databases

17.2.  Internal Proprietary Database

17.3.  Primary Research

17.4.  Secondary Research

17.5.  Assumptions

17.6.  Limitations

17.7.  Report FAQs

18. Research Findings & Conclusion