Asia Pacific, North America, Europe, and rest of the World, Siemens (Germany), thyssenkrupp (Germany), Nel Hydrogen (Norway), MAN Energy Solutions (Germany), Green Hydrogen Systems (Denmark), McPhy Energy (France), Electrochaea (Germany), Hydrogenics (Canada), ITM Power (UK), Uniper (Germany), Yara International (Norway), BASF (Germany), Queensland Nitrate, Pty Ltd. (Australia), Enapter (Germany), Haldor Topsoe (Denmark), Hiringa Energy (New Zealand), ENGIE (France). The Green Ammonia Manufacturing report offers a special assessment of top strategic moves of leading players such as merger and acquisition, collaboration, new … Green Ammonia Consortium IHI, JERA, and Marubeni are all leading Board Members of the Green Ammonia Consortium in Japan. [159 Pages Report] The global green ammonia market is projected to reach USD 852 million by 2030 from an estimated USD 11 million in 2020, at a CAGR of  54.9% during the forecast period. the most efficient means of reflecting the cost of carbon in all economic decisions — from investments made by companies to fuel their requirements to the product choices made by consumers,” he said in a speech in 2009. What are the major drivers for the green ammonia market? Small-Scale Ammonia Production from Biomass: A Techno-Enviro-Economic Perspective. This question has been examined by Grigorii Soloveichik, a Program Director at the Advanced Research Projects Agency-Energy (ARPA-E) program at the U.S. Department of Energy. Major operational costs in ammonia production are associated with natural gas or coal, which accounts for 75% of the plant’s operating costs. “Green” does not inherently mean “more costly.”. 80% of fortune 2000 companies rely on our research to identify new revenue sources. In the same way that conventional ammonia is a downstream product for today’s fossil fuel producers, green ammonia will be a value-added product for tomorrow’s electricity producers. The ongoing COVID-19 pandemic has impacted the industries globally. - 36)    3.1 GREEN AMMONIA MARKET SNAPSHOT         FIGURE 4 EUROPE HELD LARGEST SHARE OF GREEN AMMONIA MARKET IN 2019        FIGURE 5 ALKALINE WATER ELECTROLYSIS IS EXPECTED TO DOMINATE TECHNOLOGY LANDSCAPE OF GREEN AMMONIA MARKET DURING FORECAST PERIOD        FIGURE 6 POWER GENERATION SEGMENT LED GREEN AMMONIA MARKET, BY END USER, IN 2019, 4 PREMIUM INSIGHTS (Page No. The proposed plant would produce 20 per cent of the ammonia used by QNP, which is currently based on hydrogen produced from natural gas. Green ammonia production is another significant opportunity to unlock global opportunities for renewable energy projects. In February 2019, Uniper and its consortium partners, VNG Gasspeicher GmbH (VGS), ONTRAS Gastransport GmbH, and DBI Freiberg, providers of green energy solutions, built an electrolysis plant in the central German chemical triangle that would produce up to 35 MW of green hydrogen. To improve the business case and increase the attractiveness of green ammonia as a substitute for fossil fuels, Haldor Ammonia production is currently the lar… Under the current situations, fossil power generation have faced immense challenges in terms of revenues, projects, CAPEX, and installations. Copyright © 2019 Ammonia Energy Association. However, green ammonia costs 1.5 times higher than the natural gas-based ammonia plants. If the required public co-funding and regulatory framework is in place, the project could be operational in 2026. In a green ammonia plant, the cost of electrolyzers increases the cost of operations. “Carbon pricing initiatives will play an increasing role, with about 100 Parties — accounting for 58 percent of global GHG emissions — planning or considering these instruments,” the report states. An average CAPEX cost associated with a greenfield project is around USD 1,300–2,000 per ton of ammonia produced. However, the market for green ammonia is expected to gain traction during the forecast period with growing awareness about electrolysis technology and reduction in the cost of renewable power generation. After that, the market breakdown and data triangulation were done to estimate the market size of the segments and sub-segments. The cost of green ammonia is currently significantly higher than that of comparable ammonia from fossil fuel. To produce green ammonia from renewable energy such as wind and solar PV, the major cost stems from the electrolysis process, states Brinks. The major players in the global green ammonia market are Siemens (Germany), MAN Energy Solutions (Germany), ITM Power (UK), Nel Hydrogen Solutions (Norway), Yara International (Norway) and Haldor Topsoe (Denmark). He showed a graph that presented four scenarios involving a hypothetical price on carbon emissions. These methods were also used extensively to estimate the size of various sub-segments in the market. Such green hydrogen can be synthesise further in ammonia synthesis plant to produce green ammonia by using SOE technology. The climate-action NGO 350.org can only refer to him as a “top funder of climate denial and attacks on climate action” because the fact is that, Tillerson, consistent with Exxon Mobil’s corporate position, is an advocate of a carbon tax. The indications from all three of these scenarios show promise for green ammonia. Currently, the major factor obstructing the growth of the green ammonia market is the capital intensivemnature of green ammonia plants. - 152)     11.1 INSIGHTS OF INDUSTRY EXPERTS      11.2 DISCUSSION GUIDE      11.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL      11.4 AVAILABLE CUSTOMIZATIONS      11.5 RELATED REPORTS      11.6 AUTHOR DETAILS. Defend your Market Share or Win Competitors. CF Industries’ Board of Directors has approved a green ammonia project at the company’s flagship Donaldsonville Nitrogen Complex to produce approximately 20,000 tons per year of green ammonia. Woodside Energy is a Supporting Member, as are other Australian entities looking to export hydrogen in the form of ammonia, including Yara, The Hydrogen Utility (H2U), Origin Energy, and Fortescue Metals Group. Furthermore, the need for long term storage of renewable energy generated at isolated wind farms and solar panels drives the growth of green ammonia market. However, such processes are associated with significant technical challenges, which require investment in time and R&D activities. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures were employed, wherever applicable. This study has been conducted assuming a realistic scenario, thus, due to haltage of projects, green ammonia market will face a slump in capital expenditures in 2020, but the projects will regain momentum by next year. The second scenario is the same as the first except with the price of natural gas set at $5.00 per million BTUs. It can be presumed that “surplus, spill, or constrained” electricity – such as that produced by hydropower generators during seasons of abundant rainfall or wind generators at night – can be had for prices below the benchmarks cited above. Our work includes catalyst development, prototyping, process design, and energy systems modelling related to green hydrogen and ammonia . In October, with the release of “State and Trends of Carbon Pricing 2016”, the World Bank reported that carbon pricing is the subject of “growing momentum” around the world. Ammonia is the leading option for hydrogen energy carriers. Tillerson, newly retired from Exxon Mobil, became the chief executive officer of that company in 2006. Global top 2000 strategist rely on us for their growth strategies. Many stakeholders believe that the economics of producing ammonia from biogas or biomass are the most promising. Green ammonia would be used by industry "as feedstock, process agent, and fuel," and its production from electrolytic hydrogen would spur the commercial deployment of "several terawatts" of new renewable power. Most of the ammonia producers are still using conventional methods for producing ammonia. Eneus “integrates existing, proven industrial technologies to take surplus, spill or constrained renewable electricity in order to produce ‘green’ ammonia,” according to the company’s Web site. The steam cycles with three pressure levels are … Companies such as SynGest and BioNitrogen have focused on using biomass as a feedstock but have so far been unable to achieve business viability. - 40)    4.1 ATTRACTIVE OPPORTUNITIES IN GREEN AMMONIA MARKET         FIGURE 7 HIGH DEMAND FOR LONG-TERM POWER STORAGE SOLUTIONS TO SUPPLEMENT GREEN AMMONIA MARKET GROWTH DURING 2020–2030    4.2 GREEN AMMONIA MARKET, BY TECHNOLOGY         FIGURE 8 SOLID OXIDE ELECTROLYSIS TECHNOLOGY IS EXPECTED TO RECORD HIGHEST CAGR FROM 2020 TO 2030    4.3 GREEN AMMONIA MARKET, BY END USER         FIGURE 9 POWER GENERATION SEGMENT IS EXPECTED TO CAPTURE HIGHEST CAGR DURING FORECAST PERIOD    4.4 GREEN AMMONIA MARKET, BY REGION         FIGURE 10 GREEN AMMONIA MARKET IN EUROPE IS EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD    4.5 EUROPE GREEN AMMONIA MARKET, BY END USER & COUNTRY         FIGURE 11 POWER GENERATION SEGMENT, BY END USER, AND GERMANY, BY COUNTRY DOMINATED EUROPE GREEN AMMONIA MARKET IN 2019, 5 MARKET OVERVIEW (Page No. Green ammonia production processes are investigated and compared with state-of-the-art methane-to-ammonia process. “A carbon tax is . Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The electrochemical Haber-Bosch process produces ammonia without any greenhouse emissions. CF’s average selling price for ammonia for fertilizer was about $350 per t in 2019. This research study involved the use of extensive secondary sources, directories, and databases, such as Hoover’s, Bloomberg BusinessWeek, Factiva, and OneSource, to identify and collect information useful for a technical, market-oriented, and commercial study of the global green ammonia market. In the third and fourth scenarios, a carbon price of $25 per ton allows the green ammonia to compete with electricity prices of $0.03 and $0.04, respectively. The next step was to validate these findings, assumptions, and market sizing with industry experts across the value chain through primary research. The International Maritime Organization (IMO) 2020 regulations has reduced the limit of sulfur in transportation oil used in onboard ships to 0.5% m/m (mass by mass). In August 2018, OCP announced its intention to develop green hydrogen and green ammonia as sustainable raw materials in its phosphate fertilizer production. (Natural gas prices on the New York Mercantile Exchange have generally been in the $2.50 to $3.00 range over the last year.) The elevated costs levels Additionally, favourable government policies and initiatives to produce green hydrogen is expected to drive the demand for green ammonia, To know about the assumptions considered for the study, download the pdf brochure. In the third and fourth scenarios, a carbon price of $25 per ton allows the green ammonia to compete with electricity prices of $0.03 and $0.04, respectively. An average CAPEX cost associated with a greenfield project is around USD 1,300–2,000 per ton of ammonia produced. All Rights Reserved. With that said, it is worth observing that if ammonia were in use as an energy carrier today, it would already be cost-competitive. Two new pilot projects for producing "green ammonia" from renewable electricity are now up and running and successfully producing ammonia. This research report categorizes the green ammonia market based on technology, end user and region. This may prove to be the case, but there is opinion – and investment – that is not waiting for this to happen. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. The following customization options are available for this report: Further breakdown of region or country-specific analysis, Detailed analyses and profiling of additional market players (up to 5), Benchmarking the rapid strategy shifts of the Top 100 companies in the Green Ammonia Market, 7500+ companies worldwide approach us every year for their revenue growth inititatives. In April 2020, ITM Energy was awarded a project by the UK Government to provide green hydrogen solutions in Humberside. electricity, ammonia production can be made completely carbon-free. Such transition is driving the green ammonia market. These electricity prices sound low when compared with, for example, the $0.125 per kWh that is the average residential price for electricity in the U.S. In February 2020, Nel Hydrogen received a purchase order worth approximately USD 2.2 million for 1 megawatt containerized Proton PEM electrolyzer from Trillium, a provider of installation and operations for innovative energy solutions. With the given market data, MarketsandMarkets offers customizations as per the client’s specific needs. Major operational costs in ammonia production are associated with natural gas or coal, which accounts for 75% of the plant’s operating costs. Therefore, increasing demand for hydrogen fuel cells are expected to drive the SOE market during the forecast period. In an email exchange, the company’s Chief Executive, Chris Bronsdon, confirmed that Eneus is not staking its fortunes on the widespread, near-term adoption of carbon-pricing. To reach cost parity, renewable energy prices need to drop, electrolysis cost needs to come down, electrolysis efficiency needs to go up and the Haber These electricity prices sound low when compared with, for example, the $0.125 per kWh that is the … In April 2018, the Ammonia Manufacturing Pilot Plant for Renewable Energy started up at the Fukushima Renewable Energy Institute - … This results in high level of carbon dioxide emissions. In Europe, current energy costs mean that the cost of production for one tonne of green ammonia is around 200-300pc higher than that of conventional ammonia. Who will be your Top Customer; what will make them switch? However, conventional ammonia making consumes fossil fuels, such as natural gas or coal, for sourcing hydrogen, and as a result, ammonia production is responsible for more than 1% of the global greenhouse gas emissions and 5% of the global natural gas consumption. The supply-side is calculated by investments incurred by all all six technology providers companies that have been derive from the project list mentioned in theor websites. He said that while Eneus would certainly welcome carbon pricing, it may not lead to an immediate surge in new investment. CHICAGO, July 7, 2020 /PRNewswire/ -- According to the new market research report "Green Ammonia Market by Technology (Alkaline Water Electrolysis (AWE), … To know about the assumptions considered for the study, Request for Free Sample Report. The proposed project aims to progress the commercialisation of green hydrogen production for domestic and international use. The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes. To define, describe, and forecast the global green ammonia market based on technology, end user and region, To provide detailed information on the major factors influencing the growth of the market, such as drivers, restraints, opportunities, and industry-specific challenges, To strategically analyze the micro-markets with respect to individual growth trends, prospects, and contribution to the total market, To analyze major tools and equipment used for producing  green ammonia, To analyze market opportunities for stakeholders and details of the competitive landscape for market leaders, To forecast the market size of segments with respect to major regions, namely, Europe, North America, Asia Pacific, and Rest of the World, To strategically profile key players and comprehensively analyze their respective market share and core competencies, To track and analyze developments in the green ammonia market, such as new product launches, joint ventures, partnerships, collaborations, and contracts & agreements, Get Data as per your Format and Definition, Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor, What are the Known and Unknown Adjacencies Impacting the Green Ammonia Market. Thus, such factos hamper the growth for green ammonia market. Green ammonia technology is still in its nascent phase. “Our commercial approach is built on producing renewable ammonia that competes in the existing market, and that will also benefit from upsides where its zero carbon provenance is recognised, or where our approach brings additional benefits that can be valorized in a range of markets,” Bronsdon wrote. Green ammonia uses renewable energy instead of natural gas or coal for producing hydrogen; hence, is an effective way to reduce greenhouse emissions. The abundance of renewable electricity is not constrained by environmental limits in the way that biomass production is. - 43)    5.1 INTRODUCTION     5.2 COVID-19 HEALTH ASSESSMENT         FIGURE 12 COVID-19 GLOBAL PROPAGATION        FIGURE 13 COVID-19 PROPAGATION IN SELECT COUNTRIES    5.3 ROAD TO RECOVERY         FIGURE 14 RECOVERY ROAD FOR 2020    5.4 COVID-19 ECONOMIC ASSESSMENT         FIGURE 15 REVISED GDP FORECAST FOR SELECT G20 COUNTRIES IN 2020    5.5 MARKET DYNAMICS         FIGURE 16 GREEN AMMONIA MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES           5.5.1 DRIVERS                    5.5.1.1 Demand for long-term storage of renewable energy                            FIGURE 17 GLOBAL RENEWABLE ENERGY CAPACITY TREND, BY SOURCE, 2010—2019                            TABLE 2 FALLING POWER GENERATION COSTS, 2010–2019                    5.5.1.2 Obligations to reduce greenhouse emissions from traditional ammonia methods                            FIGURE 18 GLOBAL GREENHOUSE GAS EMISSIONS, BY SECTOR, 2016                    5.5.1.3 Increased agricultural production and subsequent rise in fertilizers consumption                            FIGURE 19 GLOBAL FERTILIZER DEMAND, BY NUTRIENT SOURCE, 2015–2020           5.5.2 RESTRAINT                    5.5.2.1 Higher initial capital requirements for green ammonia plant infrastructure           5.5.3 OPPORTUNITIES                    5.5.3.1 Ammonia as maritime fuel                    5.5.3.2 Increasing focus on hydrogen-based economy           5.5.4 CHALLENGES                    5.5.4.1 Low awareness about green ammonia, 6 GLOBAL GREEN AMMONIA MARKET, BY TECHNOLOGY (Page No. The green ammonia market has promising growth potential due to increasing consumption of green ammonia as a maritime fuel The shipping industry currently contributes to 3% of the global greenhouse emissions, and this is mainly due to high consumption of diesel and high sulfur fuel for ships. During his keynote address at the 2016 NH3 Fuel Conference in September, Soloveichik spoke about the relative costs of ammonia produced conventionally from natural gas feedstock, carbon-free ammonia produced via “advanced electrolysis”, and carbon-free ammonia produced via solid state ammonia synthesis (SSAS). The third scenario mimics the first scenario except with the economics of SSAS substituted for those of advanced electrolysis. However, electricity is a much more highly refined and valuable energy commodity than biomass, and its economics reflect that fact. What is the current size of the green ammonia market? - 53)    6.1 INTRODUCTION         FIGURE 20 BY TECHNOLOGY, SOLID OXIDE ELECTROLYSIS IS EXPECTED TO GROW AT HIGHEST CAGR FROM 2020 TO 2030        TABLE 3 GLOBAL GREEN AMMONIA MARKET, BY TECHNOLOGY, 2018–2030 (USD THOUSAND)    6.2 ALKALINE WATER ELECTROLYSIS (AWE)            6.2.1 LOW CAPITAL COST OF ALKALINE WATER ELECTROLYSIS SYSTEMS DRIVES MARKET GROWTH                 TABLE 4 ALKALINE WATER ELECTROLYSIS: GLOBAL GREEN AMMONIA MARKET, BY REGION, 2018–2030 (USD THOUSAND)    6.3 PROTON EXCHANGE MEMBRANE (PEM)            6.3.1 HIGH-PURITY HYDROGEN PRODUCED BY PEM PROCESS DRIVES MARKET GROWTH                 TABLE 5 PROTON EXCHANGE MEMBRANE: GLOBAL GREEN AMMONIA MARKET, BY REGION, 2018–2030 (USD THOUSAND)    6.4 SOLID OXIDE ELECTROLYSIS (SOE)            6.4.1 INCREASING DEMAND FOR FUEL CELLS BOOSTS DEMAND FOR SOLID OXIDE ELECTROLYSIS                 TABLE 6 SOLID OXIDE ELECTROLYSIS: GLOBAL GREEN AMMONIA MARKET, BY REGION, 2018–2030 (USD THOUSAND), 7 GLOBAL GREEN AMMONIA MARKET, BY END USER (Page No. The main challenge associated with green ammonia is low awareness among chemical producers. If that’s news to you, join the club. These companies provide and distribute green hydrogen to establish Green H2 Norway, in which all parties had an equal share. Currently no OPEX or CAPEX benefits Last year, ammonia cost about USD 300/tonne on average, which corresponds to the price of VLSFO at the end of 2019, according to Brinks. In a bid to reduce greenhouse emissions, a number of companies across the world are shifting towards ecological processes. The project will lead to the production of renewable hydrogen at the Gigawatt (GW) scale by deploying 100 MW electrolyzers. Many ammonia energy advocates see renewable-electricity-to-ammonia as the ultimate in sustainability. It goes on to say that “Already, about 40 national jurisdictions and over 20 cities, states, and regions are putting a price on carbon. - 114)     10.1 TECHNOLOGY PROVIDERS (Business Overview, Products/Solutions/Services Offered, Recent Developments, SWOT Analysis, and MnM View)*             10.1.1 SIEMENS                    FIGURE 28 SIEMENS: COMPANY SNAPSHOT                    FIGURE 29 SIEMENS: SWOT ANALYSIS             10.1.2 MAN ENERGY SOLUTIONS                    FIGURE 30 MAN ENERGY SOLUTIONS: SWOT ANALYSIS             10.1.3 NEL HYDROGEN                    FIGURE 31 NEL HYDROGEN: COMPANY SNAPSHOT                    FIGURE 32 NEL HYDROGEN: SWOT ANALYSIS             10.1.4 THYSSENKRUPP                    FIGURE 33 THYSSENKRUPP: COMPANY SNAPSHOT                    FIGURE 34 THYSSENKRUPP: SWOT ANALYSIS             10.1.5 ITM POWER                    FIGURE 35 ITM POWER: COMPANY SNAPSHOT                    FIGURE 36 ITM POWER: SWOT ANALYSIS             10.1.6 GREEN HYDROGEN SYSTEMS             10.1.7 MCPHY ENERGY                    FIGURE 37 MCPHY ENERGY: COMPANY SNAPSHOT             10.1.8 ELECTROCHAEA             10.1.9 HYDROGENICS             10.1.10 AQUAHYDREX             10.1.11 EXYTRON             10.1.12 UNIPER                     FIGURE 38 UNIPER: COMPANY SNAPSHOT             10.1.13 ENAPTER             10.1.14 STARFIRE ENERGY             10.1.15 ENGIE                     FIGURE 39 ENGIE: COMPANY SNAPSHOT     10.2 CHEMICAL PROVIDERS              10.2.1 YARA INTERNATIONAL                    FIGURE 40 YARA INTERNATIONAL: COMPANY SNAPSHOT             10.2.2 BASF                    FIGURE 41 BASF: COMPANY SNAPSHOT             10.2.3 QUEENSLAND NITRATES     10.3 AMMONIA PLANT EPC COMPANIES              10.3.1 HALDOR TOPSOE                    FIGURE 42 HALDOR TOPSOE: COMPANY SNAPSHOT             10.3.2 HIRINGA ENERGY* Business Overview, Products/Solutions/Services Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies.11 APPENDIX (Page No. The first scenario involves advanced electrolysis in an environment where natural gas is priced at $2.00 per million BTUs. The data was triangulated by studying various maro factors and trends from both the demand and supply sides in the green hydrogen and green ammonia  sector. Currently a LCOA of $473 t −1 is achievable, at the best locations the required process flexibility increases the achievable LCOA by 56%; the electrolyser CAPEX and operation are the most significant costs. . The current market size of the global green ammonia market is USD 17 million in 2019. Green Ammonia and H2@Scale: An Industry Perspective presentation by Stephen Szymanski, Proton OnSite, at the H2@ Scale Workshop, held May 23 24, 2017, in … No one will make the investments needed to bring ammonia into the energy arena if it is simply one more commodity with a problematic carbon footprint. Hence, this is the method of green ammonia production that might benefit most from a price on carbon emissions. Europe, North America,  Asia Pacific, and Rest of the World are the major regions considered for the study of the green ammonia market. Europe is estimated to be the largest market from 2020 to 2030, driven by the growth in green hydrogen projects in the Germany and Netherlands. By using the electrolysis process, surplus renewable energy generated at isolated locations can be used to produce carbon-free ammonia, which can act as a sustainable fuel for power generation. How high does a … The gren ammonia market comprises several stakeholders, such as end-product manufacturers and end-users in the supply chain. But there is a problem The good news – innovating to create carbon free “green” ammonia Today the lowest cost way to get hydrogen is from natural gas but (CO Grant R-NH3 cost F-NH3 cost RH2 cost driven … Green ammonia market is in initial phases, wherein no commercial production have been observed till date. Green ammonia (NH 3) is created with an additional step after hydrogen is isolated via the electrolysis process mentioned above. The lowest cost green fuel will be green ammonia. The aim of the Feasibility Study for a Green Hydrogen and Ammonia Project is to determine the feasibility of producing green hydrogenat commercial scale to feed into an existing ammonia chemical facility. In December 2019, Nel Fuel AS, a subsidiary of Nel ASA, formed a joint venture with H2 Energy AS, Greenstat AS (Norway), and Akershus Energi Infrastruktur AS (Norway). He has attracted many labels since his nomination was announced, but “climate denier” is not among them. Low-carbon ammonia is worth $2,200 per t because of its green hydrogen content, the firm says. Processes directly producing ammonia from water and nitrogen include electrochemical synthesis, photochemical synthesis, or chemical looping. Thus, COVID-19 will have absolutely mild impact on growth of green ammonia market in coming years. The breakdown of primary respondents is given below: Both top-down and bottom-up approaches have been used to estimate and validate the size of the global green ammonia market and its dependent submarkets. The cost of green ammonia is currently significantly higher than that of comparable ammonia from fossil fuel. The key players across the industrial value chain have been identified through extensive secondary research, and their market share in the respective regions have been determined through both primary and secondary research. Ammonia provides a practical, carbon-free hydrogen carrier, allowing cost-effective storage and transportation of green energy Electrochemically produced green ammonia + + N 2 from air Water RenewableElectricity However, the maritime industry is obliged to cut down its emissions by using cleaner energy sources. In the longer term, it is estimated that falling renewable energy Increasing investments in green fuel and large scale green energy plans driving the green amonia market. Topsoe has technology solutions for both methanol and ammonia as well as other eFuels such as gasoline, diesel, and jet-fuel. Globally, about 72% of the total ammonia is produced from natural gas using the steam reforming process. - 27)    2.1 RESEARCH DATA         FIGURE 1 GREEN AMMONIA MARKET: RESEARCH DESIGN           2.1.1 SECONDARY DATA                    2.1.1.1 Key data from secondary sources           2.1.2 PRIMARY DATA                    2.1.2.1 Key data from primary sources                    2.1.2.2 Breakdown of primaries                            TABLE 1 GREEN AMMONIA MARKET: PLAYERS/COMPANIES CONNECTED    2.2 SCOPE     2.3 MARKET SIZE ESTIMATION            2.3.1 DEMAND-SIDE ANALYSIS                    2.3.1.1 Assumptions                    2.3.1.2 Limitations                    2.3.1.3 Calculation           2.3.2 SUPPLY-SIDE ANALYSIS                    2.3.2.1 Assumptions                    2.3.2.2 Calculation                            FIGURE 2 RANKING OF KEY PLAYERS & INDUSTRY CONCENTRATION, 2019           2.3.3 FORECAST                    2.3.3.1 Assumptions                    2.3.3.2 Calculation    2.4 MARKET BREAKDOWN AND DATA TRIANGULATION         FIGURE 3 DATA TRIANGULATION METHODOLOGY    2.5 PRIMARY INSIGHTS            2.5.1 KEY PLAYERS’ POINT OF VIEW: 3 EXECUTIVE SUMMARY (Page No. 8.4.4.3.2 Macro factors                                         TABLE 88 MEXICO: AMMONIA PRODUCTION, 2015–2019 (THOUSAND TONS)                                         TABLE 89 MEXICO: HYDROGEN GENERATION, 2013–2017 (MILLION STANDARD CUBIC FEET PER DAY)                                         TABLE 90 MEXICO: INSTALLED RENEWABLE CAPACITY, BY SOURCE, 2015–2019 (MW)                                         TABLE 91 MEXICO: GREENHOUSE GAS EMISSIONS, 2013–2017 (MILLION TONS OF CO2)                               8.4.4.3.3 By end user                                         TABLE 92 MEXICO: GLOBAL GREEN AMMONIA MARKET, BY END USER, 2018–2030 (USD THOUSAND)    8.5 REST OF THE WORLD            8.5.1 MACRO FACTORS                    8.5.1.1 Ammonia production                            TABLE 93 REST OF THE WORLD: AMMONIA PRODUCTION, BY COUNTRY, 2015–2019 (THOUSAND TONS)                    8.5.1.2 Hydrogen generation                            TABLE 94 REST OF THE WORLD: HYDROGEN GENERATION, BY COUNTRY, 2013–2017 (MILLION STANDARD CUBIC FEET PER DAY)                    8.5.1.3 Installed renewable capacity                            TABLE 95 REST OF THE WORLD: INSTALLED RENEWABLE CAPACITY, BY COUNTRY, 2015–2019 (MW)                    8.5.1.4 Greenhouse gas emissions                            TABLE 96 REST OF THE WORLD: GREENHOUSE GAS EMISSIONS, BY COUNTRY, 2013–2017 (MILLION TONS OF CO2)           8.5.2 BY TECHNOLOGY                 TABLE 97 REST OF THE WORLD: GREEN AMMONIA MARKET: BY TECHNOLOGY, 2018–2030 (USD THOUSAND)           8.5.3 BY END USER                 TABLE 98 REST OF THE WORLD: GREEN AMMONIA MARKET: BY END USER, 2018–2030 (USD THOUSAND)           8.5.4 BY COUNTRY                    8.5.4.1 China                            FIGURE 24 FUEL CELL ELECTRIC VEHICLE TARGETS FOR CHINA, 2018-2030                               8.5.4.1.1 Macro factors                                         TABLE 99 CHINA: AMMONIA PRODUCTION, 2015–2019 (THOUSAND TONS)                                         TABLE 100 CHINA: HYDROGEN GENERATION, 2013–2017 (MILLION STANDARDCUBIC FEET PER DAY)                                         TABLE 101 CHINA: INSTALLED RENEWABLE CAPACITY, BY SOURCE, 2015–2019 (MW)                                         TABLE 102 CHINA: GREENHOUSE GAS EMISSIONS, 2013–2017 (MILLION TONS OF CO2)                    8.5.4.2 India                               8.5.4.2.1 Macro factors                                         TABLE 103 INDIA: AMMONIA PRODUCTION, 2015–2019 (THOUSAND TONS)                                         TABLE 104 INDIA: HYDROGEN GENERATION, 2013–2017 (MILLION STANDARD CUBIC FEET PER DAY)                                         TABLE 105 INDIA: INSTALLED RENEWABLE CAPACITY, BY SOURCE, 2015–2019 (MW)                                         TABLE 106 INDIA: GREENHOUSE GAS EMISSIONS, 2013–2017 (MILLION TONS OF CO2)                    8.5.4.3 Russia                            FIGURE 25 SHARE OF MAJOR RUSSIAN AMMONIA PRODUCERS, 2019                               8.5.4.3.1 Macro factors                                         TABLE 107 RUSSIA: AMMONIA PRODUCTION, 2015–2019 (THOUSAND TONS)                                         TABLE 108 RUSSIA: HYDROGEN GENERATION, 2013–2017 (MILLION STANDARD CUBIC FEET PER DAY)                                         TABLE 109 RUSSIA: INSTALLED RENEWABLE CAPACITY, BY SOURCE, 2015–2019 (MW)                                         TABLE 110 RUSSIA: GREENHOUSE GAS EMISSIONS, 2013–2017 (MILLION TONS OF CO2)                    8.5.4.4 France                               8.5.4.4.1 Macro factors                                         TABLE 111 FRANCE: AMMONIA PRODUCTION, 2015–2019 (THOUSAND TONS)                                         TABLE 112 FRANCE: HYDROGEN GENERATION, 2013–2017 (MILLION STANDARD CUBIC FEET PER DAY)                                         TABLE 113 FRANCE: INSTALLED RENEWABLE CAPACITY, BY SOURCE, 2015–2019 (MW)                                         TABLE 114 FRANCE: GREENHOUSE GAS EMISSIONS, 2013–2017 (MILLION TONS OF CO2)                    8.5.4.5 Austria                               8.5.4.5.1 Macro factors                                         TABLE 115 AUSTRIA: AMMONIA PRODUCTION, 2015–2019 (THOUSAND TONS)                                         TABLE 116 AUSTRIA: HYDROGEN GENERATION, 2013–2017 (MILLION STANDARD CUBIC FEET PER DAY)                                         TABLE 117 AUSTRIA: INSTALLED RENEWABLE CAPACITY, BY SOURCE, 2015–2019 (MW)                                         TABLE 118 AUSTRIA: GREENHOUSE GAS EMISSIONS, 2013–2017 (MILLION TONS OF CO2)                    8.5.4.6 Chile                               8.5.4.6.1 Macro factors                                         TABLE 119 CHILE: INSTALLED RENEWABLE CAPACITY, BY SOURCE, 2015–2019 (MW)                                         TABLE 120 CHILE: GREENHOUSE GAS EMISSIONS, 2013–2017 (MILLION TONS OF CO2)                    8.5.4.7 Morocco                               8.5.4.7.1 Macro factors                                         TABLE 121 MOROCCO: INSTALLED RENEWABLE CAPACITY, BY SOURCE, 2015–2019 (MW)                                         TABLE 122 MOROCCO: GREENHOUSE GAS EMISSIONS, 2013–2017 (MILLION TONS OF CO2), 9 COMPETITIVE LANDSCAPE (Page No. In estimating the current size of the plant’s operating costs `` green ammonia costs times... 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