The Global Green Hydrogen Based Ammonia Market was valued at USD 2.89 Billion in 2023 and is projected to reach USD 15.73 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 27.4% during the forecast period (2024-2030). This rapid expansion is fueled by global decarbonization initiatives, renewable energy integration, and increasing demand for clean fertilizers and maritime fuels.
As industries seek sustainable alternatives to fossil fuels, green ammonia (produced via electrolysis using renewable electricity) has emerged as a versatile energy carrier and chemical feedstock. This analysis examines the Top 10 Companies in the Green Hydrogen Based Ammonia Industry – innovators who are developing production facilities, infrastructure, and technologies to commercialize this critical decarbonization solution.
🔟 1. Air Products
Headquarters: Allentown, Pennsylvania, USA
Key Offering: Integrated green hydrogen-ammonia production systems
Air Products leads the sector with its $7 billion NEOM Green Hydrogen Project in Saudi Arabia, which will produce 1.2 million tons of green ammonia annually by 2026. The company’s expertise spans the entire value chain from renewable hydrogen production to ammonia synthesis and global distribution.
Sustainability Initiatives:
- 760,000-ton/year green ammonia facility under construction in Saudi Arabia
- Global hydrogen fueling infrastructure projects exceeding $15 billion
- Proprietary ammonia cracker technology for hydrogen transportation
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9️⃣ 2. Yara International
Headquarters: Oslo, Norway
Key Offering: Green ammonia for fertilizers and industrial applications
Yara is transitioning its century-old ammonia production network to renewable feedstocks while developing new green ammonia projects. The company’s established distribution channels position it as a leader in supplying green ammonia to agricultural markets globally.
Sustainability Initiatives:
- Piloting first commercial-scale green ammonia plant in Norway (50,000 tons/year)
- Received first certified green ammonia cargoes for fertilizer production
- 50% CO2 reduction target for 2030 across operations
8️⃣ 3. Asian Renewable Energy Hub (AREH)
Headquarters: Perth, Australia
Key Offering: Large-scale renewable ammonia production
AREH is developing one of the world’s largest renewable energy projects (26 GW) focused on green hydrogen and ammonia production in Western Australia. Its 6,500 sq km site offers optimal conditions for cost-competitive renewable ammonia production.
Sustainability Initiatives:
- Planned production capacity of 9.2 million tons/year green ammonia
- Strategic partnerships with Japanese and Korean energy companies
- Zero-emission ammonia production for export markets
7️⃣ 4. Siemens Energy
Headquarters: Munich, Germany
Key Offering: Electrolysis and ammonia synthesis technologies
Siemens Energy provides cutting-edge PEM electrolyzers and ammonia synthesis solutions that enable efficient green ammonia production. The company’s technologies are deployed in projects ranging from pilot plants to industrial-scale facilities worldwide.
Sustainability Initiatives:
- 3 GW annual electrolyzer manufacturing capacity by 2025
- Innovative ammonia synthesis loop designs reducing energy requirements
- 75% carbon-neutral operations target by 2025
Download FREE Sample Report: Global Green Hydrogen Based Ammonia Market – View in Detailed Research Report
6️⃣ 5. CF Industries
Headquarters: Deerfield, Illinois, USA
Key Offering: Low-carbon ammonia production and distribution
CF Industries operates North America’s largest ammonia production network and is implementing renewable energy solutions across its facilities. The company has established strategic partnerships to decarbonize its operations while meeting growing demand.
Sustainability Initiatives:
- 1.25 million tons/year green ammonia project in Louisiana
- 2,500 ton/day carbon capture retrofit operational in Iowa
- Net-zero commitment by 2050 across operations
5️⃣ 6. Fertiberia (Grupo Villar Mir)
Headquarters: Madrid, Spain
Key Offering: Renewable ammonia for agricultural use
Fertiberia is pioneering Europe’s green ammonia transition through its partnership with Iberdrola. The company is upgrading existing fertilizer plants while building new renewable-powered ammonia production capacity.
Sustainability Initiatives:
- 1 GW electrolyzer capacity planned by 2027
- 800,000 ton/year green ammonia production target
- 80% emissions reduction commitment by 2030
4️⃣ 7. Thyssenkrupp
Headquarters: Essen, Germany
Key Offering: Green ammonia production technologies
Thyssenkrupp provides industry-leading electrolyzers and ammonia synthesis plants through its Uhde business. The company offers complete engineering solutions for green ammonia projects worldwide via licensing agreements.
Sustainability Initiatives:
- Multi-gigawatt electrolyzer production capacity
- Patented water electrolysis technology with >80% efficiency
- Integration with steel industry decarbonization projects
3️⃣ 8. ACWA Power
Headquarters: Riyadh, Saudi Arabia
Key Offering: Utility-scale green ammonia production
ACWA Power is developing massive renewable-powered green ammonia projects in the Middle East and North Africa. The company leverages abundant solar resources and strategic partnerships to produce cost-competitive green ammonia.
Sustainability Initiatives:
- 1.2 million ton/year ammonia plant in NEOM (2026 operation)
- 40 GW renewable energy pipeline across 13 countries
- 50% reduction in emissions intensity by 2030
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2️⃣ 9. ITM Power
Headquarters: Sheffield, UK
Key Offering: PEM electrolyzers for green ammonia
ITM Power manufactures advanced proton exchange membrane electrolyzers that are becoming the preferred choice for green ammonia projects. The company’s technology enables flexible hydrogen production perfectly suited to intermittent renewable energy sources.
Sustainability Initiatives:
- 1.5 GW/year electrolyzer production capacity
- Participation in multiple European green ammonia pilot projects
- Net-zero manufacturing operations
1️⃣ 10. Hy2gen
Headquarters: Wiesbaden, Germany
Key Offering: Green ammonia project development
Hy2gen specializes in developing large-scale green hydrogen and ammonia projects with global operations. The company connects renewable energy developers with industrial offtakers to build integrated production facilities.
Sustainability Initiatives:
- 3.3 GW renewable ammonia projects under development
- Strategic partnerships with global commodity traders
- Focus on maritime fuel and power generation applications
🌍 Outlook: The Future of Green Hydrogen Based Ammonia
The green ammonia market is transitioning from demonstration projects to commercial-scale production as technologies mature and policies support adoption. With applications spanning agriculture, energy storage, maritime fuel, and industrial uses, green ammonia is poised to become a cornerstone of global decarbonization efforts.
📈 Key Market Trends:
- Stringent emissions regulations driving adoption in maritime and power sectors
- Falling renewable energy costs improving production economics
- Innovations in electrolyzer efficiency and ammonia synthesis technologies
- Growing offtake agreements from industrial users and energy companies
Get Full Report Here: Global Green Hydrogen Based Ammonia Market – View in Detailed Research Report
The companies profiled above are building the production capacity, infrastructure, and partnerships needed to establish green ammonia as a viable clean energy solution across multiple industries.
