Emergen Research’s latest market research report focuses on the global Blue Ammonia market, and the report provides in-depth analysis of each of its major segments. Reports about the global Blue Ammonia market provide a comprehensive overview of the market, including market size, revenue growth rate, industry statistics, revenue shares among regional markets, gross profits, production costs, and product portfolios. The report also highlights the most important factors influencing industry revenue growth, including drivers, opportunities, trends, restraints, challenges, demand and supply ratios, production and consumption patterns, strict regulatory frameworks, and a multitude of micro-economic and macro-economic factors. Blue Ammonia industry projections and qualitative and quantitative assessments have been provided by the report's authors.
The global blue ammonia market size is expected to reach USD 13.3 Million in 2032 and register a steady revenue CAGR of 5.3% over the forecast period, according to the latest analysis by Emergen Research. Potential of blue ammonia as a fuel for transportation and power generation is driving the market revenue growth. Ammonia is currently being used more often in turbine engines, either directly for combustion or indirectly for industrial feedstock by reforming it back into nitrogen and hydrogen. Ammonia is easier to transport and store than liquid hydrogen since it does not need to be cooled to extremely low temperatures and has a higher energy density than liquid hydrogen. In contrast, high expense of storage systems, need for purity, and transportation provide considerable challenges for hydrogen. These benefits imply that ammonia could potentially be a viable choice for decarbonizing energy-intensive economy, especially in the power generating and transportation sectors which is a major factor expected to drive revenue growth of the market. Furthermore, given that Russia is a major exporter of fertilizers, the conflict in Ukraine is creating a high demand for ammonia output. Export restrictions are currently requiring countries to develop alternative supply lines. In countries that previously imported fertilizer but now strategically need local supply, this will clearly create a high demand for additional fertilizer production. This situation will also create a high demand for blue ammonia.
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The report contains updated information about the ongoing COVID-19 pandemic and acts as an accurate analysis of the COVID-19 impact on the Blue Ammonia market. The report draws attention to the COVID-19 impact on the market and its crucial segments. As per the report, the current pandemic is one of the major contributing elements for the potential decline of the market in the coming years. The business sector has been drastically affected by the pandemic, which has adversely altered the market dynamics and demand trends. Financial difficulties brought by the pandemic have delayed the progress rate of various businesses and disrupted the global supply chains. The report further provides a future impact assessment of the Blue Ammonia market concerning COVID-19.
It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.
The report also discusses the key players involved in the market such as
Mitsubishi Heavy Industries, Ltd, Siemens Energy AG, Ammonia Casale S.A., Haldor Topsoe A/S, thyssenkrupp AG, CF Industries Holdings, Inc., TechnipFMC ple, Air Liquide S.A., Yara International ASA and Linde ple
Additional information offered by the report:
- Along with a complete overview of the global Blue Ammonia market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Blue Ammonia market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
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Regional Landscape section of the Blue Ammonia report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Blue Ammonia market expected to boost the growth of the industry in the coming years.
Blue Ammonia Market Segmentation:
Manufacturing Process Outlook (Revenue, USD Million; 2019–2032)
- Steam Methane Reforming (SMR)
- Electrochemical Process
- Thermochemical Process
Technology Outlook (Revenue, USD Million; 2019–2032)
- Haber-Bosch Process
- AutoThermal Reforming (ATR)
Application Outlook (Revenue, USD Million; 2019–2032)
- Energy Storage
- Grid-scale Energy Storage
- Renewable Energy Integration
- Fuel
- Power Generation
- Transportation
- Chemicals
- Fertilizers
- Polymers
- Pharmaceuticals
- Energy Storage
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The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.
Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.
ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
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