The Global Clean Ammonia Market was valued at an estimated USD 350 Million in 2023 and is projected to reach over USD 6.5 Billion by 2030, growing at a remarkable Compound Annual Growth Rate (CAGR) of approximately 50% during the forecast period (2023–2030). This explosive growth is driven by stringent global decarbonization targets, the urgent need for hydrogen carriers in the energy transition, and increasing investments in green and blue ammonia production technologies.
As nations and industries worldwide accelerate their journey toward net-zero emissions, clean ammonia is emerging as a critical enabler for decarbonizing hard-to-abate sectors like power generation, shipping, and fertilizer production. In this blog, we profile the Top 10 Companies in the Clean Ammonia Industry—a dynamic group of chemical giants, energy leaders, and project developers pioneering the sustainable ammonia revolution.
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🔟 1. Yara International ASA
Headquarters: Oslo, Norway
Key Offering: Green Ammonia, Blue Ammonia, Ammonia Trading & Logistics
Yara International is one of the world’s largest ammonia producers and a frontrunner in the clean ammonia transition. The company is actively converting its existing assets and developing new projects to produce carbon-free ammonia, leveraging its vast experience in production, distribution, and global market access.
Sustainability Initiatives:
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Piloting green ammonia production at its Porsgrunn facility in Norway.
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Aiming to produce 3 million tonnes of green ammonia annually by 2030.
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Strategic partnerships with energy majors for large-scale clean ammonia exports.
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9️⃣ 2. CF Industries Holdings, Inc.
Headquarters: Deerfield, Illinois, USA
Key Offering: Blue Ammonia, Green Ammonia Projects, Low-Carbon Fertilizers
CF Industries is a leading global manufacturer of hydrogen and nitrogen products. The company is making significant capital investments to decarbonize its operations, with ambitious projects focused on carbon capture and storage (CCS) at its US Gulf Coast plants to produce blue ammonia.
Sustainability Initiatives:
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Investing USD 285 million in a green ammonia project at its Donaldsonville complex.
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Partnership with Mitsui & Co. for blue ammonia production and export to Asia.
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Target to achieve net-zero carbon emissions by 2050.
8️⃣ 3. Nutrien Ltd.
Headquarters: Saskatoon, Saskatchewan, Canada
Key Offering: Low-Carbon Ammonia, Sustainable Fertilizers, Agri-Science Solutions
As the world’s largest provider of crop inputs and services, Nutrien is leveraging its scale to lead in clean ammonia production. The company is exploring pathways to reduce the carbon footprint of its ammonia operations, focusing on both blue and green production methods.
Sustainability Initiatives:
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Exploring CCS opportunities at its Geismar, Louisiana, nitrogen facility.
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Committing to a 30% reduction in greenhouse gas emissions by 2030.
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Developing clean ammonia supply chains for agriculture and export markets.
7️⃣ 4. OCI N.V.
Headquarters: Amsterdam, Netherlands
Key Offering: Blue & Green Ammonia, Methanol, Nitrogen Products
OCI N.V. is a leading global producer and distributor of nitrogen products, with a strong strategic focus on clean ammonia. The company’s significant production capacity in the US and Europe positions it as a key supplier for emerging clean energy markets, particularly in Europe and Asia.
Sustainability Initiatives:
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Developing a world-scale blue ammonia project in Texas with an expected capacity of 1.1 million tonnes per year.
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Partnerships with MAN Energy Solutions and other technology providers for ammonia as a marine fuel.
6️⃣ 5. Shell plc
Headquarters: London, United Kingdom
Key Offering: Integrated Hydrogen & Ammonia Projects, Energy Trading
Shell is leveraging its integrated energy expertise to become a major player in the clean ammonia value chain. The company is developing large-scale projects that combine hydrogen production with ammonia synthesis, targeting key demand centers for power generation and shipping fuel.
Sustainability Initiatives:
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Leading the development of the NortH2 project in Europe for large-scale green hydrogen and ammonia production.
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Exploring ammonia cracking technology to deliver clean hydrogen to industrial customers.
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Targeting net-zero emissions by 2050, with clean ammonia as a key pillar.
5️⃣ 6. Mitsubishi Corporation
Headquarters: Tokyo, Japan
Key Offering: Project Development, Investment, Fuel Ammonia Supply Chains
Mitsubishi Corporation is a pivotal force in building the clean ammonia ecosystem, particularly in Asia. The company is actively investing in production projects globally and developing the necessary infrastructure to import and distribute fuel ammonia within Japan and other Asian markets.
Sustainability Initiatives:
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Co-developing large-scale blue and green ammonia projects in the Middle East and North America.
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Collaborating with Japanese utilities to co-fire ammonia in thermal power plants.
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Aiming to handle 3 million tonnes of fuel ammonia annually by 2030.
4️⃣ 7. ExxonMobil Corporation
Headquarters: Spring, Texas, USA
Key Offering: Blue Ammonia, Carbon Capture & Storage (CCS) Solutions
ExxonMobil is applying its extensive experience in hydrocarbons and CCS to the clean ammonia sector. The company views blue ammonia, produced from natural gas with captured CO2, as a key low-carbon solution and is advancing major projects to establish itself as a leading supplier.
Sustainability Initiatives:
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Developing a major blue ammonia production facility at its Baytown, Texas, complex.
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Leveraging its leadership in CCS to sequester emissions from ammonia production.
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Exploring opportunities across the hydrogen and ammonia value chains to meet customer decarbonization needs.
3️⃣ 8. SABIC (Saudi Basic Industries Corporation)
Headquarters: Riyadh, Saudi Arabia
Key Offering: Blue Ammonia, Petrochemicals, Certified Low-Carbon Products
SABIC, a global leader in diversified chemicals, is at the forefront of clean ammonia innovation in the Middle East. The company has successfully shipped the world’s first certified blue ammonia from Saudi Arabia to South Korea, marking a significant milestone for the industry.
Sustainability Initiatives:
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Collaboration with Aramco and the Institute of Energy Economics, Japan, on blue ammonia value chains.
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Focus on producing low-carbon products for the chemical and industrial sectors.
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Commitment to circular economy principles and carbon neutrality goals.
2️⃣ 9. thyssenkrupp AG
Headquarters: Essen, Germany
Key Offering: Alkaline Water Electrolysis Technology, Green Ammonia Plant Engineering
thyssenkrupp is a technology leader, providing the essential engineering and electrolysis solutions required for large-scale green ammonia production. The company’s Uhde® ammonia technology is a industry standard, and its electrolyzers are critical for producing green hydrogen feedstock.
Sustainability Initiatives:
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Supplying multi-gigawatt electrolysis plants for major green ammonia projects worldwide.
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Engineering integrated facilities that produce carbon-free ammonia from water and air using renewable energy.
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Active role in enabling the technical feasibility of the global hydrogen economy.
1️⃣ 10. ACME Group
Headquarters: Gurugram, India
Key Offering: Large-Scale Green Hydrogen & Ammonia Projects
ACME Group is a leading renewable energy developer that has aggressively moved into the green ammonia space. The company is developing one of the world’s largest and most advanced integrated green ammonia facilities, positioning itself as a key supplier from a low-cost renewable energy region.
Sustainability Initiatives:
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Developing a 1.2 MTPA green ammonia plant in Oman with an investment of USD 3.5 billion.
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Pioneering large-scale solar-powered electrolysis for ammonia synthesis.
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Targeting exports to Europe and Asia to meet growing clean fuel demand.
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🌍 Outlook: The Future of Clean Ammonia Is Strategic and Scalable
The clean ammonia market is at a pivotal inflection point, transitioning from pilot demonstrations to commercial-scale deployments. While conventional ammonia production remains dominant, the industry is mobilizing massive capital investments in low-carbon production pathways, international supply chains, and end-use applications.
📈 Key Trends Shaping the Market:
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Rapid scaling of green ammonia projects in sun-rich and wind-rich regions like the Middle East, Australia, and Latin America.
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Government policies and subsidies, such as the US Inflation Reduction Act and EU Green Deal, accelerating project economics.
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Establishment of international standards and certifications for carbon-neutral ammonia.
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Strategic alliances between producers, off-takers, and technology providers to de-risk investments.
Get Full Report Here: Clean Ammonia Market – View in Detailed Research Report
The companies profiled above are not just producing a commodity—they are building the foundational blocks for a decarbonized global economy and establishing ammonia as a cornerstone of the future energy landscape.
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