In 2021, Europe was the largest market for green ammonia, with a revenue of more than eight million U.S. dollars. This was more than double the revenue of runner-up North America. The European market is forecast to maintain its leading position at least until 2030, when it is to generate some 2.5 billion U.S dollars in revenue. Nevertheless, the Asia-Pacific market is expected to record the highest growth in the period, at a compound annual growth rate (CAGR) of 92.2 percent from 2022 to 2030.
Green ammonia market revenue worldwide in 2021, with forecasts for 2025 and 2030, by region
(in million U.S. dollars)
* Forecast based on a CAGR of 88.8 percent for North America, 91.4 percent for Europe, 92.2 percent for Asia Pacific, 86.3 percent for South America, and 82.1 percent for Middle East and Africa 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 region (in million U.S. dollars) [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1351386/global-green-ammonia-market-revenue-by-region/
The Brainy Insights. "Green ammonia market revenue worldwide in 2021, with forecasts for 2025 and 2030, by region (in million U.S. dollars)." Chart. June 30, 2022. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1351386/global-green-ammonia-market-revenue-by-region/
The Brainy Insights. (2022). Green ammonia market revenue worldwide in 2021, with forecasts for 2025 and 2030, by region (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1351386/global-green-ammonia-market-revenue-by-region/
The Brainy Insights. "Green Ammonia Market Revenue Worldwide in 2021, with Forecasts for 2025 and 2030, by Region (in Million U.S. Dollars)." Statista, Statista Inc., 30 Jun 2022, https://www.statista.com/statistics/1351386/global-green-ammonia-market-revenue-by-region/
The Brainy Insights, Green ammonia market revenue worldwide in 2021, with forecasts for 2025 and 2030, by region (in million U.S. dollars) Statista, https://www.statista.com/statistics/1351386/global-green-ammonia-market-revenue-by-region/ (last visited December 19, 2024)
Green ammonia market revenue worldwide in 2021, with forecasts for 2025 and 2030, by region (in million U.S. dollars) [Graph], The Brainy Insights, June 30, 2022. [Online]. Available: https://www.statista.com/statistics/1351386/global-green-ammonia-market-revenue-by-region/