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 recorded a volume of 1320.16 thousand tonnes in 2021 and is poised to register significant growth through 2031.

The rising demand for wind and solar renewable energy resources is one of the primary factors driving the growth of global clean ammonia market.

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For those unacquainted, clean ammonia contains both blue and green ammonia. Natural gas produces blue hydrogen, which is then used to produce blue ammonia by extracting and permanently storing CO2 in reservoirs. Besides, green hydrogen is produced using renewable energy to create carbon-free ammonia.

Thus, producing clean ammonia is both a viable naval fuel and a beneficial way for fertilizer production that is substantially more environmentally friendly. In terms of overall capacity increase, the production of renewable energy and the clean ammonia distribution system continues to surpass the production of fossil fuel electricity, which in turn will add traction to the overall industry size.

Ammonia has also become a practical choice for hydrogen storage due to the expanding usage of hydrogen fuel. Ammonia can also be converted into hydrogen, which burns cleanly and emits no carbon dioxide, as well as can be used in fuel cells for cars.

By type, the market is divided into green and blue ammonia segments. Based on the blue ammonia technology, the business sphere is fragmented into auto thermal reforming and steam methane reforming.

Moving on to the green ammonia technology, global clean ammonia industry is segregated into solid oxide electrolysis, proton exchange membrane, and alkaline water electrolysis.

As per the application spectrum, the business arena is bifurcated into hydrogen carrier and clean fuel. With respect to the end-user terrain, the market is classified into transportation, agriculture, power production, marine, and others.

The country level bifurcation in this business vertical extends to South Korea, Japan, India, China, Italy, France, Germany, the United Kingdom, Canada, and United States.

The leading companies influencing global clean ammonia market includes Uniper SE, EuroChem Group AG, QatarEnergy, China National Petroleum Corporation, Wesfarmers Chemicals, Energy & Fertilisers Limited, Nutrien Ltd., OCI N.V., BASF S.E., CF Industries Holdings, Inc., and Yara International ASA.