The global green ammonia market is expected to witness significant growth from 2023 to 2031, with agriculture emerging as the largest end-user sector. In 2023, the global green ammonia market size for the agriculture sector was valued at 224.8 million U.S. dollars, which is expected to increase significantly to 10,593.1 million U.S. dollars by 2031. This growth reflects the increasing awareness and adoption of green ammonia as a sustainable solution for agricultural activities. The projected growth in the market size of green ammonia in agriculture could lead to improved crop yields, more efficient farming practices, and reduced environmental impact. Although agriculture is expected to be the largest end-user sector for green ammonia, other sectors such as power generation and energy storage also have substantial market sizes in the projected period.
Green ammonia market size worldwide in 2023 with a forecast to 2031, by end-use sector
(in million U.S. dollars)
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BIS Research. (May 4, 2023). Green ammonia market size worldwide in 2023 with a forecast to 2031, by end-use sector (in million U.S. dollars) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1382742/global-green-ammonia-market-size-by-end-use-sector/
BIS Research. "Green ammonia market size worldwide in 2023 with a forecast to 2031, by end-use sector (in million U.S. dollars)." Chart. May 4, 2023. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1382742/global-green-ammonia-market-size-by-end-use-sector/
BIS Research. (2023). Green ammonia market size worldwide in 2023 with a forecast to 2031, by end-use sector (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1382742/global-green-ammonia-market-size-by-end-use-sector/
BIS Research. "Green Ammonia Market Size Worldwide in 2023 with a Forecast to 2031, by End-use Sector (in Million U.S. Dollars)." Statista, Statista Inc., 4 May 2023, https://www.statista.com/statistics/1382742/global-green-ammonia-market-size-by-end-use-sector/
BIS Research, Green ammonia market size worldwide in 2023 with a forecast to 2031, by end-use sector (in million U.S. dollars) Statista, https://www.statista.com/statistics/1382742/global-green-ammonia-market-size-by-end-use-sector/ (last visited November 18, 2024)
Green ammonia market size worldwide in 2023 with a forecast to 2031, by end-use sector (in million U.S. dollars) [Graph], BIS Research, May 4, 2023. [Online]. Available: https://www.statista.com/statistics/1382742/global-green-ammonia-market-size-by-end-use-sector/
