Solid oxide electrolysis was the main technology for green ammonia production in 2021, with a revenue of 7.1 million U.S. dollars worldwide. The segment's revenue is expected to reach 1.9 billion dollars in 2030. Meanwhile, alkaline water electrolysis is expected to become the largest segment by 2025, with a revenue of 65.4 million dollars. The revenue of green ammonia from alkaline water electrolysis is forecast to surpass two billion dollars by 2030.
Green ammonia market revenue worldwide in 2021, with forecasts for 2025 and 2030, by technology
(in million U.S. dollars)
* Forecast based on a CAGR of 89.2 percent for solid oxide electrolysis, 88 percent for proton exchange membrane, and 92.6 percent for alkaline water electrolysis from 2022 to 2030.
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The Brainy Insights. (June 30, 2022). Green ammonia market revenue worldwide in 2021, with forecasts for 2025 and 2030, by technology (in million U.S. dollars) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1351132/global-green-ammonia-market-revenue-by-technology/
The Brainy Insights. "Green ammonia market revenue worldwide in 2021, with forecasts for 2025 and 2030, by technology (in million U.S. dollars)." Chart. June 30, 2022. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1351132/global-green-ammonia-market-revenue-by-technology/
The Brainy Insights. (2022). Green ammonia market revenue worldwide in 2021, with forecasts for 2025 and 2030, by technology (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1351132/global-green-ammonia-market-revenue-by-technology/
The Brainy Insights. "Green Ammonia Market Revenue Worldwide in 2021, with Forecasts for 2025 and 2030, by Technology (in Million U.S. Dollars)." Statista, Statista Inc., 30 Jun 2022, https://www.statista.com/statistics/1351132/global-green-ammonia-market-revenue-by-technology/
The Brainy Insights, Green ammonia market revenue worldwide in 2021, with forecasts for 2025 and 2030, by technology (in million U.S. dollars) Statista, https://www.statista.com/statistics/1351132/global-green-ammonia-market-revenue-by-technology/ (last visited November 18, 2024)
Green ammonia market revenue worldwide in 2021, with forecasts for 2025 and 2030, by technology (in million U.S. dollars) [Graph], The Brainy Insights, June 30, 2022. [Online]. Available: https://www.statista.com/statistics/1351132/global-green-ammonia-market-revenue-by-technology/
