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Green Ammonia Market Projected To Reach USD 73.05 Billion By 2030

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  San Francisco, 4 Jan 2024:  The Report  Green Ammonia Market  Size, Share & Trends Analysis Report By End-use (Fertilizer, Power Generation), By Technology (Solid Oxide Electrolysis, Proton Exchange Membrane), By Region, And Segment Forecasts, 2023 - 2030 The global green ammonia market size is expected to reach USD 73.05 billion by 2030, as per the new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 116.5% from 2023 to 2030. The growth is majorly driven by the rising consciousness among consumers regarding sustainable products, which has led to a preference for them. Another contributing factor is the increasing awareness of the need to produce clean energy and decrease carbon emissions, leading to a surge in demand for such products. As a result, the market has established itself, with a growing demand from diverse industries such as power generation, refrigeration, transportation, fertilizer, and others. In the transportation sector, particula

Green Ammonia Market Size Is Anticipated To Reach USD 73.05 Billion By 2030

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  San Francisco, 6 Jan 2023:  The Report  Green Ammonia Market  Size, Share & Trends Analysis Report By End-use (Fertilizer, Power Generation), By Technology (Solid Oxide Electrolysis), By Region, And Segment Forecasts, 2022 - 2030 The global green ammonia market size is expected to reach USD 73.05 billion by 2030, registering a CAGR of 127.9% during the forecast period, as per the new report by Grand View Research, Inc. The growth is majorly driven by increasing consumer awareness as well as preference for sustainable products. The increasing prevalence of the product is due to the growing awareness about producing clean energy and reducing carbon footprint. The market is established with growing demand from various end-use industries including fertilizer, power generation, refrigeration, transportation, and others. The product is gaining popularity in the transportation industry, especially in maritime shipping. According to International Maritime Organization (IMO), the maritime