Emergen Research has recently added a new report titled Global Blue Ammonia Market that provides an extensive analysis of the Blue Ammonia market and industry overview with regards to market size, market share, revenue growth, key companies, current and emerging market trends, recent technological and product developments, and a comprehensive analysis of the impact of COVID-19 pandemic on the growth of the Blue Ammonia Market.
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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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
- Besides offering a vivid depiction of the global Blue Ammonia business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
- The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years
- The report scrutinizes the salient factors influencing the growth of the market in the near future.
- The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.
Regional Landscape section of the Blue Ammonia Market 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)
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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
- Power Generation
Browse Full Report Description + Research Methodology + Table of Content + Infographics @ https://www.emergenresearch.com/industry-report/blue-ammonia-market
Highlights of Table of Contents (TOC):
- Overview of Global Blue Ammonia Market
- Competitive analysis of the Blue Ammonia Market
- Regional analysis of Global Blue Ammonia Market production and revenue
- Regional analysis of Global Blue Ammonia Market supply, consumption, and export & import
- Type-based market analysis of global Blue Ammonia production, revenue, and price trends
- Application-based analysis of the global Blue Ammonia Market
- Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Blue Ammonia market
- Conclusion of the research report
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.
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