According to the research report titled ‘Global Clean Ammonia Market: Analysis By Type (Blue Ammonia, Green Ammonia), Application, End User, By Region, By Country (2022 Edition): Market Insights and Forecast with Impact of COVID-19 (2021-2031)’, available with MarketStudyReport, global clean ammonia market, which recorded 1320.16 thousand tonnes in terms of volume in the year 2021, is estimated to grow substantially by 2031.

Growing demand for hydrogen, surging investments in this business space, and ecofriendly nature of the product are some of the prime factors driving the growth of global clean ammonia market. For those unaware, producing clean ammonia is a more environment-friendly method of producing fertilizer and viable naval fuel.

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Clean ammonia distribution system and renewable energy generation have started to outperform fossil fuel power generation, thus stimulating the overall industry outlook. The product contains both blue and green ammonia, of which the former is made from blue hydrogen while the latter is made from carbon-free renewable energy to make it green hydrogen.

Ammonia is known to be a convenient option to store hydrogen. This coupled with the rising usage of hydrogen as a fuel as well as reconverting ammonia into hydrogen are adding traction to the overall market size. Ammonia produced in this manner could easily become a viable fuel source in the future as  Gulf countries are making heavy investments for producing blue and green hydrogen.

Based on type, global clean ammonia market is segmented into blue ammonia and green ammonia segments. The blue ammonia segment is further fragmented into auto thermal reforming (ATR) and steam methane reforming (SMR). The green ammonia segment is also branched into solid oxide electrolysis (SOE), alkaline water electrolysis (AWE), and proton exchange membrane (PEM).

Moving on to the application spectrum, the market is categorized into clean fuel and hydrogen carriers. Citing the end-user spectrum, the industry is divided into marine, power production, agriculture, transportation, and others.

Geographically, the industry spans the U.S., Canada, the UK, Germany, France, Italy, China, India, Japan, and South Korea.

The major companies operating in global clean ammonia marketplace are Uniper SE, EuroChem Group AG, Qatar Petroleum, The China National Petroleum Corporation, Wesfarmers Chemicals, Energy & Fertilisers Limited, Nutrien Ltd., OCI N.V., BASF SE, CF Industries Holdings, Inc., and Yara International ASA.