ブルーアンモニア市場 : 2030年までの世界予測

世界のブルーアンモニアの市場規模は2023年中に7,800万ドル、2030年までに76億6,400万ドルに達し、2024年から2030年までに年平均成長率（CAGR）62.3％で成長すると予測されています。

MarketsandMarkets（マーケッツアンドマーケッツ）「ブルーアンモニア市場 : 技術［水蒸気メタン改質（SMR）、自己熱改質（ATR）、ガス部分酸化］、最終用途（産業用原料、発電、輸送）、地域別 – 2030年までの世界予測 – Blue Ammonia Market by Technology (Steam Methane Reforming (SMR), Autothermal Reforming (ATR), Gas Partial Oxidation), End-use Application (Industrial Feedstock, Power Generation, Transportation) and Region – Global Forecast to 2030」は世界のブルーアンモニア市場を調査し、主要セグメント毎の分析・予測結果を提供します。

主な掲載内容

• 市場概観
  • 市場ダイナミクス
  • 顧客事業に影響を与える動向／ディスラプション
  • サプライチェーン分析
  • 市場マッピング
  • 技術分析
  • 特許分析
  • 関税
  • 関税および法規制環境
  • 主要会議＆イベント　2023-2024年
  • 貿易分析
  • 価格分析
  • ケーススタディ分析
  • ファイブフォース分析
  • 主要ステークホルダーと購入基準
• 技術別ブルーアンモニア市場
  • 水蒸気メタン改質／水蒸気改質（SMR）
  • 自己熱改質（ATR）
  • ガス部分酸化
• エンドユース用途別ブルーアンモニア市場
  • 発電
  • 輸送
  • 産業用原料
• 地域別ブルーアンモニア市場
  • 北米
    • 米国
    • カナダ
  • 欧州
    • 英国
    • フランス
    • オランダ
    • ノルウェー
    • その他の欧州
  • アジア太平洋地域
    • 日本
    • 韓国
    • 中国
    • オーストラリア
    • その他のアジア太平洋地域
  • その他の地域（RoW）
• 競争環境
• 企業情報
• 付録

Report Overview

The global Blue ammonia market is estimated to grow from USD 78 million in 2023 to USD 7,664 million by 2030; it is expected to record a CAGR of 62.3% from 2024 to 2030. Governments are passing favourable rules and providing financial incentives to encourage the use of blue ammonia technologies. These programmes include research and development funding, subsidies for blue ammonia production and infrastructure, and legislation encouraging the use of blue ammonia in various industries. These types of initiatives have contributed to the expansion of the blue ammonia market.

“Steam Methane Reforming: The largest segment of the blue ammonia market, by technology “

Based on sector, the blue ammonia market has been split into three segments: steam methane reforming, autothermal reforming and gas partial oxidation. Steam methane reforming is expected to be the second largest segment during the forecast period followed by autothermal reforming. As companies and regions seek to reduce their carbon footprints, blue ammonia serves as a bridge solution, allowing them to continue using existing natural gas infrastructure while shifting to a more sustainable energy source. 

“By application, the industrial feestock segment is expected to be the largest segment during the forecast period.”

Based on application, the blue ammonia market is segmented into transportation, power generation and industrial feedstock. The industrial feedstock segment is expected to be the largest segment the blue ammonia market during the forecast period owing to the rise in demand from the fertilizer industry. Furthermore, the burgeoning blue ammonia economy in the chemical industry is supported by policymaker initiatives at the European and national levels, with an estimated investment of € 430 billion necessary by 2030. Methanol output in North America is likely to increase significantly. Companies in North America are forging strategic alliances to boost methane and ammonia production. For example, CF Industries Holdings, Inc. purchased an ammonia production facility in Waggaman from Incitec Pivot Limited.

“Asia Pacific”: The second-largest in the blue ammonia market”

Asia Pacific is expected to have the second-largest market share in the blue ammonia market between 2023–2030, followed by Europe and North America. Asia Pacific is a significant market for green technology adoption to meet government targets for cutting GHG emissions. Japan and South Korea have been heavily investing in fuel cell adoption since 2009, owing to the commercialization of Japanese fuel cell micro-CHP products. Investment in the energy sector has expanded dramatically over the previous five years, which is expected to assist the blue ammonia generation market. China and India are the world’s most populous countries, and agriculture remains a key element of their economies..

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information and assess future market prospects. The distribution of primary interviews is as follows:

By Company Type: Tier 1- 60%, Tier 2- 25%, and Tier 3- 15%
By Designation: C-Level- 35%, Director Levels- 25%, and Others- 40%
By Region: North America- 25%,  Europe- 25%, Asia-Pacific – 30 %, Rest of the World – 20%.

Note: Others include sales managers, engineers, and regional managers.
Note: The tiers of the companies are defined on the basis of their total revenues as of 2022.

Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion,  and Tier 3: < USD 500 million

The blue ammonia market is dominated by a few major players that have a wide regional presence. The leading players in the blue ammonia market are Linde plc (Ireland), Air products and Chemicals, Inc. (US), Air Liquide (France), Worthington Industries (US), Cryolor (France), Hexagon Purus (Norway), and NPROXX (Netherlands). The major strategy adopted by the players includes new product launches, contracts & agreements and, investments & expansions.

Research Coverage:

The report defines, describes, and forecasts the global blue ammonia market by sector, application, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report comprehensively reviews the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the blue ammonia market.

Key Benefits of Buying the Report

• The key element driving the blue ammonia market is increased regulations addressing greenhouse gas emissions. Furthermore, governments are expanding their efforts to establish blue ammonia as maritime fuel, as well as their focus on achieving net zero emissions targets by 2050 in the blue ammonia market. Despite the fact that the high production cost of blue ammonia is the biggest difficulty confronting countries in the blue ammonia market.
• Product Development/ Innovation: The growing demand for blue ammonia from industries is driving substantial product development and innovation in the blue ammonia market. Companies are investing in the development of modern blue ammonia production technology that is tailored to the specific needs of industry.
• Market Development: Linde plc has agreed to supply green blue ammonia to Evonik, a well-known specialty chemicals company, on a long-term basis. Under this agreement, Linde will construct, own, and manage a nine-megawatt alkaline electrolyzer facility on Singapore’s Jurong Island. This plant’s major output will be green blue ammonia, which Evonik wants to employ in the synthesis of methionine, an essential element in animal feed.
• Market Diversification: Edmonton International Airport has selected Air Products & Chemicals, Inc. as the blue ammonia and technology provider for Alberta’s first blue ammonia fuel cell passenger car fleet. Air Products will station a mobile blue ammonia refueler at the airport to supply blue ammonia to the Toyota Mirai fleet of blue ammonia fuel cell vehicles.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like include Yara International ASA (Norway), Saudi Arabian Oil Co. (Saudi Arabia), OCI (UK), Ma’aden (Saudi Arabia), and CF Industries Holdings, Inc. (US).

Table of Contents

1 INTRODUCTION 17

1.1 STUDY OBJECTIVES 17
1.2 MARKET DEFINITION 17
1.3 INCLUSIONS AND EXCLUSIONS 18
1.4 MARKET SCOPE 18
1.4.1 MARKET SEGMENTATION 18
1.4.2 REGIONAL SCOPE 18
1.5 YEARS CONSIDERED 19
1.6 CURRENCY CONSIDERED 19
1.7 LIMITATIONS 19
1.8 STAKEHOLDERS 20
1.9 IMPACT OF RECESSION 20

2 RESEARCH METHODOLOGY 21

2.1 RESEARCH DATA 21
FIGURE 1 BLUE AMMONIA MARKET: RESEARCH DESIGN 21
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION 22
FIGURE 2 DATA TRIANGULATION 22
2.2.1 SECONDARY DATA 23
2.2.1.1 Key data from secondary sources 23
2.2.2 PRIMARY DATA 24
2.2.2.1 Key data from primary sources 24
2.2.2.2 Breakdown of primary interviews 25
FIGURE 3 BREAKDOWN OF PRIMARIES: BY COMPANY TYPE, DESIGNATION, AND REGION 25
2.3 MARKET SIZE ESTIMATION 26
2.3.1 BOTTOM-UP APPROACH 26
FIGURE 4 BLUE AMMONIA MARKET: BOTTOM-UP APPROACH 26
2.3.2 TOP-DOWN APPROACH 27
FIGURE 5 BLUE AMMONIA MARKET: TOP-DOWN APPROACH 27
2.3.3 DEMAND-SIDE ANALYSIS 27
FIGURE 6 METRICS CONSIDERED TO ANALYZE DEMAND FOR BLUE AMMONIA 27
2.3.3.1 Demand-side assumptions and limitations 28
2.3.4 SUPPLY-SIDE ANALYSIS 29
2.3.4.1 Supply-side calculations 29
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS 29
2.4 FORECAST 29
2.4.1 REALISTIC AND PESSIMISTIC RECESSION IMPACT SCENARIOS 29

3 EXECUTIVE SUMMARY 30

TABLE 1 BLUE AMMONIA MARKET SNAPSHOT 31
FIGURE 8 ASIA PACIFIC TO HOLD LARGEST SHARE OF BLUE AMMONIA MARKET IN 2024 31
FIGURE 9 STEAM METHANE REFORMING SEGMENT TO ACCOUNT FOR LARGEST SHARE OF BLUE AMMONIA MARKET, BY TECHNOLOGY, IN 2030 32
FIGURE 10 INDUSTRIAL FEEDSTOCK SEGMENT TO CAPTURE LARGEST SHARE OF BLUE AMMONIA MARKET, BY END-USE APPLICATION, IN 2030 32

4 PREMIUM INSIGHTS 34

4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN  BLUE AMMONIA MARKET 34
FIGURE 11 GROWING FOCUS ON REDUCING GREENHOUSE GAS EMISSIONS TO CREATE LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS 34
4.2 BLUE AMMONIA MARKET, BY REGION 35
FIGURE 12 BLUE AMMONIA MARKET IN NORTH AMERICA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 35
4.3 BLUE AMMONIA MARKET IN ASIA PACIFIC, BY END-USE APPLICATION AND COUNTRY 35
FIGURE 13 INDUSTRIAL FEEDSTOCK AND CHINA TO DOMINATE ASIA PACIFIC  BLUE AMMONIA MARKET IN 2024 35
4.4 BLUE AMMONIA MARKET, BY TECHNOLOGY 36
FIGURE 14 AUTOTHERMAL REFORMING TECHNOLOGY TO HOLD LARGEST SHARE OF BLUE AMMONIA MARKET IN 2030 36
4.5 BLUE AMMONIA MARKET, BY END-USE APPLICATION 36
FIGURE 15 INDUSTRIAL FEEDSTOCK SEGMENT TO ACCOUNT FOR LARGEST SHARE OF  BLUE AMMONIA MARKET IN 2030 36

5 MARKET OVERVIEW 37

5.1 INTRODUCTION 37
5.2 MARKET DYNAMICS 38
FIGURE 16 BLUE AMMONIA MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,  AND CHALLENGES 38
5.2.1 DRIVERS 38
5.2.1.1 Growing focus on reducing greenhouse gas emissions 38
5.2.1.2 Increasing efforts toward empowering hydrogen economy 39
5.2.1.3 Rising demand for eco-friendly fertilizers 39
5.2.1.4 Increasing government investments in commercialization of emission control technologies 40
5.2.2 RESTRAINTS 40
5.2.2.1 High cost associated with infrastructure set up for blue ammonia production 40
5.2.3 OPPORTUNITIES 41
5.2.3.1 Potential of blue ammonia as maritime fuel 41
5.2.3.2 Growing demand for blue ammonia to generate power 42
5.2.4 CHALLENGES 42
5.2.4.1 Limited awareness about blue ammonia within specific industries 42
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 43
5.3.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR PROVIDERS OF BLUE AMMONIA 43
FIGURE 17 REVENUE SHIFT AND NEW REVENUE POCKETS FOR PLAYERS IN  BLUE AMMONIA MARKET 43
5.4 SUPPLY CHAIN ANALYSIS 44
FIGURE 18 BLUE AMMONIA SUPPLY CHAIN ANALYSIS 44
5.4.1 TECHNOLOGY PROVIDERS AND EPC CONTRACTORS 44
5.4.2 FEEDSTOCK SUPPLIERS 44
5.4.3 BLUE HYDROGEN SUPPLIERS 45
5.4.4 BLUE AMMONIA PRODUCERS 45
5.4.5 END USERS 45
TABLE 2 ROLE OF KEY COMPANIES IN BLUE AMMONIA ECOSYSTEM 45
5.5 MARKET MAPPING 46
FIGURE 19 BLUE AMMONIA MARKET MAPPING 46
5.6 TECHNOLOGY ANALYSIS 46
5.6.1 RECENT ADVANCEMENTS IN BLUE AMMONIA PRODUCTION PROCESS 46
5.7 PATENT ANALYSIS 47
5.7.1 LIST OF MAJOR PATENTS 47
TABLE 3 BLUE AMMONIA: INNOVATIONS AND PATENT REGISTRATIONS,  JULY 2020–MARCH 2023 47
5.8 TARIFF AND REGULATORY FRAMEWORK 48
5.8.1 REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS 48
TABLE 4 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS 48
TABLE 5 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS 48
TABLE 6 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS 49
5.8.2 REGULATORY FRAMEWORK 49
TABLE 7 BLUE AMMONIA MARKET: REGULATORY FRAMEWORK 49
5.9 KEY CONFERENCES AND EVENTS, 2023–2024 50
TABLE 8 LIST OF KEY CONFERENCES AND EVENTS IN BLUE AMMONIA MARKET, 2023–2024 50
5.10 TRADE ANALYSIS 51
5.10.1 HS CODE 2814 51
5.10.1.1 Export scenario 51
TABLE 9 EXPORT SCENARIO FOR HS CODE 2814, BY COUNTRY, 2020–2022 (USD) 51
FIGURE 20 HS CODE 2814: EXPORT DATA FOR TOP 5 COUNTRIES, 2020–2022 (USD) 52
5.10.1.2 Import scenario 52
TABLE 10 IMPORT SCENARIO FOR HS CODE 2814, BY COUNTRY, 2020–2022 (USD) 52
FIGURE 21 HS CODE 2814: IMPORT DATA FOR TOP 5 COUNTRIES, 2020–2022 (USD) 53
5.10.2 HS CODE 280410 53
5.10.2.1 Export scenario 53
TABLE 11 EXPORT SCENARIO FOR HS CODE 280410, BY COUNTRY, 2020–2022 (USD) 54
FIGURE 22 HS CODE 280410: EXPORT DATA FOR TOP 5 COUNTRIES, 2020–2022 (USD) 54
5.10.2.2 Import scenario 55
TABLE 12 IMPORT SCENARIO FOR HS CODE 280410, BY COUNTRY, 2020–2022 (USD) 55
FIGURE 23 HS CODE 280410: IMPORT DATA FOR TOP 5 COUNTRIES, 2020–2022 (USD) 56
5.11 PRICING ANALYSIS 56
5.11.1 AVERAGE LEVELIZED COST, BY REGION 56
TABLE 13 BLUE AMMONIA AVERAGE PRICE PER TON, BY REGION 56
5.12 CASE STUDY ANALYSIS 57
5.12.1 QATARENERGY PLANS TO BUILD BLUE AMMONIA PRODUCTION FACILITY TO PROMOTE USE OF CLEAN FUEL AND REDUCE GHG EMISSIONS 57
5.13 PORTER’S FIVE FORCES ANALYSIS 58
FIGURE 24 PORTER’S FIVE FORCES ANALYSIS FOR BLUE AMMONIA MARKET 58
TABLE 14 BLUE AMMONIA MARKET: PORTER’S FIVE FORCES ANALYSIS 58
5.13.1 THREAT OF SUBSTITUTES 59
5.13.2 BARGAINING POWER OF SUPPLIERS 59
5.13.3 BARGAINING POWER OF BUYERS 59
5.13.4 THREAT OF NEW ENTRANTS 59
5.13.5 INTENSITY OF COMPETITIVE RIVALRY 60
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA 60
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS 60
FIGURE 25 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 END-USE APPLICATIONS 60
TABLE 15 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS  FOR TOP 3 END-USE APPLICATIONS (%) 60
5.14.2 BUYING CRITERIA 61
FIGURE 26 KEY BUYING CRITERIA FOR TOP 3 END-USE APPLICATIONS 61
TABLE 16 KEY BUYING CRITERIA FOR TOP 3 END-USE APPLICATIONS 61

6 BLUE AMMONIA MARKET, BY TECHNOLOGY 62

6.1 INTRODUCTION 63
FIGURE 27 BLUE AMMONIA MARKET, BY TECHNOLOGY, 2024 63
TABLE 17 BLUE AMMONIA MARKET, BY TECHNOLOGY, 2022–2030 (USD MILLION) 63
6.2 STEAM METHANE REFORMING 64
6.2.1 ACCELERATING USE OF SMR TECHNOLOGY IN CHEMICAL AND INDUSTRIAL PLANTS TO DRIVE MARKET 64
6.3 AUTOTHERMAL REFORMING 64
6.3.1 RISING ADOPTION OF ATR TECHNOLOGY IN BLUE AMMONIA PLANTS TO CREATE OPPORTUNITIES FOR MARKET PLAYERS 64
6.4 GAS PARTIAL OXIDATION 65
6.4.1 INCREASING DEMAND FOR GAS PARTIAL OXIDATION TECHNOLOGY IN ENERGY SECTOR TO FUEL MARKET GROWTH 65

7 BLUE AMMONIA MARKET, BY END-USE APPLICATION 66

7.1 INTRODUCTION 67
FIGURE 28 BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2024 67
TABLE 18 BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (USD MILLION) 67
TABLE 19 BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (KILOTONS) 68
7.2 POWER GENERATION 68
7.2.1 SIGNIFICANT DEMAND FROM COUNTRIES LACKING RENEWABLE ENERGY INFRASTRUCTURE TO DRIVE SEGMENTAL GROWTH 68
TABLE 20 POWER GENERATION: BLUE AMMONIA MARKET, BY REGION, 2022–2030 (USD MILLION) 68
TABLE 21 POWER GENERATION: BLUE AMMONIA MARKET, BY REGION, 2022–2030 (KILOTONS) 69
7.3 TRANSPORTATION 69
7.3.1 POTENTIAL OF BLUE AMMONIA AS FUEL IN MARINE SHIPPING AND RAIL TRANSPORTATION TO CREATE SIGNIFICANT GROWTH OPPORTUNITIES 69
TABLE 22 TRANSPORTATION: BLUE AMMONIA MARKET, BY REGION, 2022–2030 (USD MILLION) 70
TABLE 23 TRANSPORTATION: BLUE AMMONIA MARKET, BY REGION, 2022–2030 (KILOTONS) 70
7.4 INDUSTRIAL FEEDSTOCK 70
7.4.1 CUSTOMER WILLINGNESS TO PAY FOR GREENER ALTERNATIVES TO BOOST DEMAND FOR BLUE AMMONIA IN INDUSTRIAL SECTOR 70
TABLE 24 INDUSTRIAL FEEDSTOCK: BLUE AMMONIA MARKET, BY REGION,  2022–2030 (USD MILLION) 71
TABLE 25 INDUSTRIAL FEEDSTOCK: BLUE AMMONIA MARKET, BY REGION, 2022–2030 (KILOTONS) 71

8 BLUE AMMONIA MARKET, BY REGION 72

8.1 INTRODUCTION 73
FIGURE 29 NORTH AMERICA TO RECORD HIGHEST CAGR IN BLUE AMMONIA MARKET DURING FORECAST PERIOD 73
FIGURE 30 BLUE AMMONIA MARKET SHARE, IN TERMS OF VALUE, BY REGION, 2024 74
TABLE 26 BLUE AMMONIA MARKET, BY REGION, 2022–2030 (KILOTONS) 74
TABLE 27 BLUE AMMONIA MARKET, BY REGION, 2022–2030 (USD MILLION) 74
8.2 NORTH AMERICA 75
FIGURE 31 NORTH AMERICA: BLUE AMMONIA MARKET SNAPSHOT 75
8.2.1 RECESSION IMPACT: NORTH AMERICA 76
8.2.2 BY TECHNOLOGY 76
TABLE 28 NORTH AMERICA: BLUE AMMONIA MARKET, BY TECHNOLOGY,  2022–2030 (USD MILLION) 76
8.2.3 BY END-USE APPLICATION 76
TABLE 29 NORTH AMERICA: BLUE AMMONIA MARKET, BY END-USE APPLICATION,  2022–2030 (USD MILLION) 76
TABLE 30 NORTH AMERICA: BLUE AMMONIA MARKET, BY END-USE APPLICATION,  2022–2030 (KILOTONS) 77
8.2.4 BY COUNTRY 77
TABLE 31 NORTH AMERICA: BLUE AMMONIA MARKET, BY COUNTRY, 2022–2030 (USD MILLION) 77
TABLE 32 NORTH AMERICA: BLUE AMMONIA MARKET, BY COUNTRY, 2022–2030 (KILOTONS) 77
8.2.4.1 US 78
8.2.4.1.1 Abundance of low-cost natural gas to drive market 78
8.2.4.1.2 Key blue ammonia projects in US 78
TABLE 33 US: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (USD MILLION) 79
8.2.4.2 Canada 79
8.2.4.2.1 Increasing investments in liquified natural gas infrastructure to create opportunities for blue ammonia producers 79
8.2.4.2.2 Key blue ammonia projects in Canada 80
TABLE 34 CANADA: BLUE AMMONIA MARKET, BY END-USE APPLICATION,  2022–2030 (USD MILLION) 80
8.3 EUROPE 81
8.3.1 RECESSION IMPACT: EUROPE 81
8.3.2 BY TECHNOLOGY 81
TABLE 35 EUROPE: BLUE AMMONIA MARKET, BY TECHNOLOGY, 2022–2030 (USD MILLION) 81
8.3.3 BY END-USE APPLICATION 82
TABLE 36 EUROPE: BLUE AMMONIA MARKET, BY END-USE APPLICATION,  2022–2030 (USD MILLION) 82
TABLE 37 EUROPE: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (KILOTONS) 82
8.3.4 BY COUNTRY 82
TABLE 38 EUROPE: BLUE AMMONIA MARKET, BY COUNTRY, 2022–2030 (USD MILLION) 82
TABLE 39 EUROPE: BLUE AMMONIA MARKET, BY COUNTRY, 2022–2030 (KILOTONS) 83
8.3.4.1 UK 83
8.3.4.1.1 Stringent environmental regulations and commitment to reduce GHG emissions to drive market 83
TABLE 40 UK: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (USD MILLION) 84
8.3.4.2 France 84
8.3.4.2.1 Rising focus on reducing nuclear energy contribution in electricity mix to fuel market 84
TABLE 41 FRANCE: BLUE AMMONIA MARKET, BY END-USE APPLICATION,  2022–2030 (USD MILLION) 84
8.3.4.3 Netherlands 85
8.3.4.3.1 Increasing adoption of low-carbon fuels to boost demand for blue ammonia 85
TABLE 42 NETHERLANDS: BLUE AMMONIA MARKET, BY END-USE APPLICATION,  2022–2030 (USD MILLION) 85
8.3.4.4 Norway 85
8.3.4.4.1 Significant efforts of government and industrial players to decarbonize economy to foster demand for blue ammonia 85
TABLE 43 NORWAY: BLUE AMMONIA MARKET, BY END-USE APPLICATION,  2022–2030 (USD MILLION) 86
8.3.4.5 Rest of Europe 86
TABLE 44 REST OF EUROPE: BLUE AMMONIA MARKET, BY END-USE APPLICATION,  2022–2030 (USD MILLION) 87
8.4 ASIA PACIFIC 87
FIGURE 32 ASIA PACIFIC: BLUE AMMONIA MARKET SNAPSHOT 88
8.4.1 RECESSION IMPACT: ASIA PACIFIC 88
8.4.2 BY TECHNOLOGY 89
TABLE 45 ASIA PACIFIC: BLUE AMMONIA MARKET, BY TECHNOLOGY, 2022–2030 (USD MILLION) 89
8.4.3 BY END-USE APPLICATION 89
TABLE 46 ASIA PACIFIC: BLUE AMMONIA MARKET, BY END-USE APPLICATION,  2022–2030 (USD MILLION) 89
TABLE 47 ASIA PACIFIC: BLUE AMMONIA MARKET, BY END-USE APPLICATION,  2022–2030 (KILOTONS) 89
8.4.4 BY COUNTRY 90
TABLE 48 ASIA PACIFIC: BLUE AMMONIA MARKET, BY COUNTRY, 2022–2030 (USD MILLION) 90
TABLE 49 ASIA PACIFIC: BLUE AMMONIA MARKET, BY COUNTRY, 2022–2030 (KILOTONS) 90
8.4.4.1 Japan 90
8.4.4.1.1 Rising demand for blue ammonia in power generation to drive market 90
TABLE 50 JAPAN: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (USD MILLION) 91
8.4.4.2 South Korea 91
8.4.4.2.1 Enforcement of stringent policies to decarbonize energy sector to boost demand for blue ammonia 91
TABLE 51 SOUTH KOREA: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (USD MILLION) 91
8.4.4.3 China 92
8.4.4.3.1 Increasing investments in R&D of blue ammonia technology to fuel market 92
TABLE 52 CHINA: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (USD MILLION) 92
8.4.4.4 Australia 92
8.4.4.4.1 Net-zero emission target set by country to encourage adoption of blue ammonia in industrial and energy sectors 92
TABLE 53 AUSTRALIA: BLUE AMMONIA MARKET, BY END-USE APPLICATION,  2022–2030 (USD MILLION) 93
8.4.4.5 Rest of Asia Pacific 93
TABLE 54 REST OF ASIA PACIFIC: BLUE AMMONIA MARKET, BY END-USE APPLICATION,  2022–2030 (USD MILLION) 94
8.5 REST OF THE WORLD (ROW) 94
8.5.1 RECESSION IMPACT: ROW 94
8.5.2 BY TECHNOLOGY 94
TABLE 55 ROW: BLUE AMMONIA MARKET, BY TECHNOLOGY, 2022–2030 (USD MILLION) 94
8.5.3 BY END-USE APPLICATION 95
TABLE 56 ROW: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (USD MILLION) 95
TABLE 57 ROW: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (KILOTONS) 95
8.5.4 BY COUNTRY 95
TABLE 58 ROW: BLUE AMMONIA MARKET, BY COUNTRY, 2022–2030 (USD MILLION) 95
TABLE 59 ROW: BLUE AMMONIA MARKET, BY COUNTRY, 2022–2030 (KILOTONS) 96
8.5.4.1 Saudi Arabia 96
8.5.4.1.1 Presence of top companies, such as Saudi Aramco and Ma’aden, to drive market 96
TABLE 60 SAUDI ARABIA: BLUE AMMONIA MARKET, BY END-USE APPLICATION,  2022–2030 (USD MILLION) 96
8.5.4.2 UAE 97
8.5.4.2.1 Increasing use of hydrogen to generate electricity to fuel market growth 97
TABLE 61 UAE: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (USD MILLION) 97
8.5.4.3 Other countries 97
TABLE 62 OTHER COUNTRIES: BLUE AMMONIA MARKET, BY END-USE APPLICATION,  2022–2030 (USD MILLION) 98

9 COMPETITIVE LANDSCAPE 99

9.1 OVERVIEW 99
FIGURE 33 KEY DEVELOPMENTS IN BLUE AMMONIA MARKET, 2019–2023 100
9.2 INDUSTRY CONCENTRATION OF KEY PLAYERS, 2022 101
FIGURE 34 KEY PLAYERS IN BLUE AMMONIA MARKET, 2022 101
9.3 COMPANY EVALUATION FRAMEWORK 101
TABLE 63 COMPANY EVALUATION FRAMEWORK, 2019–2023 101
9.4 SEGMENTAL REVENUE ANALYSIS OF TOP 5 COMPANIES 102
FIGURE 35 SEGMENTAL REVENUE ANALYSIS, 2018–2022 102
9.5 EVALUATION MATRIX FOR KEY COMPANIES, 2022 103
9.5.1 STARS 103
9.5.2 EMERGING LEADERS 103
9.5.3 PERVASIVE PLAYERS 103
9.5.4 PARTICIPANTS 103
FIGURE 36 BLUE AMMONIA MARKET: EVALUATION MATRIX FOR KEY COMPANIES, 2022 104
9.5.5 COMPANY FOOTPRINT 104
TABLE 64 TECHNOLOGY: COMPANY FOOTPRINT 104
TABLE 65 END-USE APPLICATION: COMPANY FOOTPRINT 105
TABLE 66 REGION: COMPANY FOOTPRINT 106
9.6 EVALUATION MATRIX FOR STARTUPS/SMES, 2022 106
9.6.1 PROGRESSIVE COMPANIES 106
9.6.2 RESPONSIVE COMPANIES 107
9.6.3 DYNAMIC COMPANIES 107
9.6.4 STARTING BLOCKS 107
FIGURE 37 BLUE AMMONIA MARKET: EVALUATION MATRIX FOR STARTUPS/SMES, 2022 107
9.6.5 COMPETITIVE BENCHMARKING 108
TABLE 67 BLUE AMMONIA MARKET: LIST OF KEY STARTUPS/SMES 108
TABLE 68 TECHNOLOGY: STARTUPS/SMES FOOTPRINT 108
TABLE 69 END-USE APPLICATION: STARTUPS/SMES FOOTPRINT 109
TABLE 70 REGION: STARTUPS/SMES FOOTPRINT 109
9.7 RECENT DEVELOPMENTS 110
9.7.1 DEALS 110
TABLE 71 BLUE AMMONIA MARKET: DEALS, 2019–2023 110
9.7.2 OTHERS 112
TABLE 72 BLUE AMMONIA MARKET: OTHERS, 2019–2023 112

10 COMPANY PROFILES 113

10.1 BLUE AMMONIA PRODUCERS 113
(Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View)*
10.1.1 YARA INTERNATIONAL ASA 113
TABLE 73 YARA INTERNATIONAL ASA: COMPANY OVERVIEW 113
FIGURE 38 YARA INTERNATIONAL ASA: COMPANY SNAPSHOT 114
TABLE 74 YARA INTERNATIONAL ASA: PRODUCT/SERVICE/SOLUTION OFFERINGS 114
TABLE 75 YARA INTERNATIONAL ASA: DEALS 115
10.1.2 SAUDI ARABIAN OIL CO. 117
TABLE 76 SAUDI ARABIAN OIL CO.: COMPANY OVERVIEW 117
FIGURE 39 SAUDI ARABIAN OIL CO.: COMPANY SNAPSHOT 118
TABLE 77 SAUDI ARABIAN OIL CO.: PRODUCT/SERVICE/SOLUTION OFFERINGS 118
TABLE 78 SAUDI ARABIAN OIL CO.: DEALS 119
10.1.3 OCI 120
TABLE 79 OCI: BUSINESS OVERVIEW 120
FIGURE 40 OCI: COMPANY SNAPSHOT 121
TABLE 80 OCI: PRODUCT/SERVICE/SOLUTION OFFERINGS 121
TABLE 81 OCI: DEALS 122
TABLE 82 OCI: OTHERS 122
10.1.4 CF INDUSTRIES HOLDINGS, INC. 123
TABLE 83 CF INDUSTRIES HOLDINGS, INC.: COMPANY OVERVIEW 123
TABLE 84 CF INDUSTRIES HOLDINGS, INC.: PRODUCT/SERVICE/SOLUTION OFFERINGS 124
TABLE 85 CF INDUSTRIES HOLDINGS, INC.: DEALS 125
10.1.5 MA’ADEN 126
TABLE 86 MA’ADEN: COMPANY OVERVIEW 126
FIGURE 42 MA’ADEN: COMPANY SNAPSHOT 127
TABLE 87 MA’ADEN: PRODUCT/SERVICE/SOLUTION OFFERINGS 127
TABLE 88 MA’ADEN: DEALS 128
10.1.6 QATAR FERTILISER COMPANY (QAFCO) 129
TABLE 89 QATAR FERTILISER COMPANY (QAFCO): COMPANY OVERVIEW 129
FIGURE 43 QATAR FERTILISER COMPANY (QAFCO): COMPANY SNAPSHOT 129
TABLE 90 QATAR FERTILISER COMPANY (QAFCO): PRODUCT/SERVICE/SOLUTION OFFERINGS 130
TABLE 91 QATAR FERTILISER COMPANY (QAFCO): DEALS 130
10.1.7 SHELL PLC 131
TABLE 92 SHELL PLC: COMPANY OVERVIEW 131
FIGURE 44 SHELL PLC: COMPANY SNAPSHOT 132
TABLE 93 SHELL PLC: PRODUCT/SERVICE/SOLUTION OFFERINGS 132
TABLE 94 SHELL PLC: DEALS 133
10.1.8 EXXONMOBIL CORPORATION 134
TABLE 95 EXXONMOBIL CORPORATION: COMPANY OVERVIEW 134
FIGURE 45 EXXONMOBIL CORPORATION: COMPANY SNAPSHOT 135
TABLE 96 EXXONMOBIL CORPORATION: PRODUCT/SERVICE/SOLUTION OFFERINGS 135
TABLE 97 EXXONMOBIL CORPORATION: OTHERS 136
10.1.9 LINDE PLC 137
TABLE 98 LINDE PLC: COMPANY OVERVIEW 137
FIGURE 46 LINDE PLC: COMPANY SNAPSHOT 138
TABLE 99 LINDE PLC: PRODUCT/SERVICE/SOLUTION OFFERINGS 138
TABLE 100 LINDE PLC: OTHERS 139
10.1.10 NUTRIEN LTD. 140
TABLE 101 NUTRIEN LTD.: COMPANY OVERVIEW 140
FIGURE 47 NUTRIEN LTD.: COMPANY SNAPSHOT 141
TABLE 102 NUTRIEN LTD.: PRODUCT/SERVICE/SOLUTION OFFERINGS 141
TABLE 103 NUTRIEN LTD.: DEALS 142
10.1.11 UNIPER SE 143
TABLE 104 UNIPER SE: COMPANY OVERVIEW 143
FIGURE 48 UNIPER SE: COMPANY SNAPSHOT 144
TABLE 105 UNIPER SE: PRODUCT/SERVICE/SOLUTION OFFERINGS 144
TABLE 106 UNIPER SE: DEALS 145
10.1.12 ADNOC GROUP 146
TABLE 107 ADNOC GROUP: COMPANY OVERVIEW 146
FIGURE 49 ADNOC GROUP: COMPANY SNAPSHOT 146
TABLE 108 ADNOC GROUP: PRODUCT/SERVICE/SOLUTION OFFERINGS 147
10.1.13 LSB INDUSTRIES 148
TABLE 109 LSB INDUSTRIES: COMPANY OVERVIEW 148
FIGURE 50 LSB INDUSTRIES: COMPANY SNAPSHOT 149
TABLE 110 LSB INDUSTRIES: PRODUCT/SERVICE/SOLUTION OFFERINGS 149
10.2 OTHER BLUE AMMONIA PRODUCERS 150
10.2.1 EUROCHEM GROUP 150
10.2.2 ITOCHU CORPORATION 150
10.2.3 TÉCNICAS REUNIDAS S.A. 151
10.2.4 PAO NOVATEK 152
10.3 TECHNOLOGY PROVIDERS 153
10.3.1 KBR INC. 153
TABLE 111 KBR INC.: COMPANY OVERVIEW 153
FIGURE 51 KBR INC.: COMPANY SNAPSHOT 154
TABLE 112 KBR INC.: PRODUCT/SERVICE/SOLUTION OFFERINGS 154
10.3.2 TOPSOE 155
TABLE 113 TOPSOE: COMPANY OVERVIEW 155
TABLE 114 TOPSOE: PRODUCT/SERVICE/SOLUTION OFFERINGS 155
10.3.3 THYSSENKRUPP UHDE GMBH 156
10.4 EPC COMPANIES 157
10.4.1 TECHNIP ENERGIES N.V. 157
TABLE 115 TECHNIP ENERGIES N.V.: COMPANY OVERVIEW 157
FIGURE 52 TECHNIP ENERGIES N.V.: COMPANY SNAPSHOT 158
TABLE 116 TECHNIP ENERGIES N.V.: PRODUCT/SERVICE/SOLUTION OFFERINGS 158
10.4.2 MAIRETECNIMONT S.P.A. 159
TABLE 117 MAIRETECNIMONT S.P.A.: COMPANY OVERVIEW 159
FIGURE 53 MAIRETECNIMONT S.P.A.: COMPANY SNAPSHOT 160
TABLE 118 MAIRETECNIMONT S.P.A.: PRODUCT/SERVICE/SOLUTION OFFERINGS 160
10.4.3 SAIPEM 161
TABLE 119 SAIPEM: COMPANY OVERVIEW 161
FIGURE 54 SAIPEM: COMPANY SNAPSHOT 162
TABLE 120 SAIPEM: PRODUCT/SERVICE/SOLUTION OFFERINGS 162
*Details on Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View might not be captured in case of unlisted companies.

11 APPENDIX 163

11.1 INSIGHTS FROM INDUSTRY EXPERTS 163
11.2 DISCUSSION GUIDE 164
11.3 KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL 170
11.4 CUSTOMIZATION OPTIONS 172
11.5 RELATED REPORTS 172
11.6 AUTHOR DETAILS 173