Top 10 Companies in the Synthetic Ammonia Raw Material Market (2026): Market Leaders Fueling Global Industries

In Business Insights
February 09, 2026


The Global Synthetic Ammonia Raw Material Market was valued at USD 88.5 Billion in 2025 and is projected to reach USD 132.8 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 4.3% during the forecast period (2024–2034). This growth is being driven by the surging global demand for fertilizers to ensure food security, expanding industrial applications, and the accelerating adoption of green and blue ammonia solutions as carbon-free energy carriers.

As the industrial and energy sectors pivot towards sustainable and low-carbon operations, the spotlight is on the key suppliers of hydrogen feedstocks—primarily natural gas, coal, and coke oven gas—who are driving innovation, efficiency, and cleaner production pathways. In this blog, we profile the Top 10 Companies in the Synthetic Ammonia Raw Material Industry—a mix of energy majors, industrial gas giants, and regional champions shaping the future of global ammonia production.


🔟 1. Air Products and Chemicals, Inc.

Headquarters: Allentown, Pennsylvania, USA
Key Offering: Hydrogen Feedstock, Technology Licensing for Grey, Blue, and Green Ammonia

Air Products is a global leader in industrial gases and a pivotal player in the synthetic ammonia raw material ecosystem. The company provides the essential hydrogen feedstock via its vast network of steam methane reformers and is at the forefront of developing large-scale green and blue ammonia projects, positioning itself as a key enabler of the ammonia industry’s decarbonization.

Sustainability Initiatives:

  • Multi-billion-dollar investment in a landmark blue ammonia facility in Louisiana, USA

  • Partnerships for world-scale green hydrogen-to-ammonia projects in Saudi Arabia and Canada

  • Commitment to advancing carbon capture and storage (CCS) technologies for low-carbon ammonia production

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Synthetic Ammonia Raw Material Market – View in Detailed Research Report


9️⃣ 2. Linde plc

Headquarters: Dublin, Ireland; operational headquarters in Guildford, UK
Key Offering: Hydrogen Supply, Syngas Plants, Ammonia Production Technology

Linde is a leading industrial gas company with extensive expertise in building and operating the world’s largest hydrogen and syngas plants, which are critical for ammonia synthesis. The company serves ammonia producers globally with reliable feedstock supply and state-of-the-art engineering solutions.

Sustainability Initiatives:

  • Development of clean hydrogen projects to support low-carbon ammonia production

  • Investing in electrolyzer technology to produce green hydrogen for future green ammonia facilities


8️⃣ 3. Air Liquide S.A.

Headquarters: Paris, France
Key Offering: Hydrogen Production, Gas Supply Solutions, CO2 Management

Air Liquide is a major global supplier of industrial gases, including hydrogen for the ammonia industry. The company is heavily invested in developing solutions to reduce the carbon footprint of hydrogen production, which is crucial for the transition to sustainable ammonia.

Sustainability Initiatives:

  • Large-scale investment in low-carbon and renewable hydrogen production capacity

  • Active participation in carbon capture and utilization (CCU) projects for blue ammonia


7️⃣ 4. China National Petroleum Corporation (CNPC)

Headquarters: Beijing, China
Key Offering: Natural Gas, Coal Feedstock, Integrated Ammonia Production

As one of China’s largest integrated energy companies, CNPC plays a dominant role in the domestic ammonia raw material market, primarily through its vast coal and natural gas resources. It is a key supplier of feedstock for China’s massive fertilizer industry.

Sustainability Initiatives:

  • Research and pilot projects on carbon capture for coal-based ammonia plants

  • Gradual shift towards natural gas as a cleaner feedstock in new projects

Download FREE Sample Report:
Synthetic Ammonia Raw Material Market – View in Detailed Research Report


6️⃣ 5. Yankuang Energy Group Company Limited

Headquarters: Jining, Shandong, China
Key Offering: Coal Feedstock, Coal Gasification Technology for Ammonia Synthesis

Yankuang Energy is a major Chinese coal mining and chemical company and a significant player in the coal-to-ammonia segment. It leverages its abundant coal reserves to produce syngas, which is then used for ammonia and fertilizer manufacturing.

Sustainability Initiatives:

  • Focus on improving the efficiency and environmental performance of coal gasification processes

  • Exploration of coal chemical projects with integrated carbon utilization


5️⃣ 6. Shell plc

Headquarters: London, United Kingdom
Key Offering: Natural Gas, Hydrogen from Reforming, Blue Ammonia Projects

Shell, a global energy major, supplies natural gas—the primary feedstock for modern ammonia plants—and is actively developing blue ammonia projects that combine its expertise in gas processing with carbon capture technology.

Sustainability Initiatives:

  • Development of the Polaris carbon capture project in Canada to enable blue hydrogen/ammonia production

  • Investments in renewable power to explore pathways for green ammonia


4️⃣ 7. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Catalysts for Ammonia Production, Process Technology (e.g., BASF Ammonia Casale)

While not a direct supplier of bulk raw materials, BASF is a critical enabler through its leading position in catalysis. The company supplies high-performance catalysts for steam methane reforming and ammonia synthesis, which significantly impact the efficiency and environmental footprint of production.

Sustainability Initiatives:

  • Development of catalysts optimized for lower-energy ammonia synthesis and flexible operation with renewable hydrogen

  • Research into novel processes to reduce the carbon intensity of conventional ammonia production


3️⃣ 8. CF Industries Holdings, Inc.

Headquarters: Deerfield, Illinois, USA
Key Offering: Natural Gas-based Ammonia Production, Distribution

As one of the world’s largest ammonia producers, CF Industries is a major consumer of natural gas feedstock. The company’s operational scale and focus on North American shale gas give it a significant role in the raw material supply chain and market dynamics.

Sustainability Initiatives:

  • Announced projects to transition existing ammonia plants to blue ammonia production with carbon capture

  • Investment in electrolysis projects to produce green ammonia at its manufacturing complexes


2️⃣ 9. SABIC (Saudi Basic Industries Corporation)

Headquarters: Riyadh, Saudi Arabia
Key Offering: Natural Gas Feedstock, Petrochemical Integration for Ammonia

SABIC, leveraging Saudi Arabia’s abundant and cost-advantaged natural gas resources, is a major producer of ammonia and its derivatives. The company’s integrated petrochemical complexes utilize gas as a key raw material for its nitrogen-based chemical operations.

Sustainability Initiatives:

  • Exploration of blue ammonia production pathways utilizing associated gas and carbon capture

  • Research into the use of ammonia as a hydrogen carrier within its sustainability roadmap


1️⃣ 10. Nutrien Ltd.

Headquarters: Saskatoon, Saskatchewan, Canada
Key Offering: Integrated Nitrogen Production from Natural Gas, Global Distribution

Nutrien is the world’s largest provider of crop inputs and services and operates a vast network of nitrogen plants. The company is a major consumer of natural gas feedstock and plays a crucial role in securing and managing raw material supply for the global agricultural market.

Sustainability Initiatives:

  • Commitment to reducing the carbon footprint of its ammonia production operations

  • Evaluation of low-carbon ammonia production technologies, including CCS and clean hydrogen

Get Full Report Here:
Synthetic Ammonia Raw Material Market – View in Detailed Research Report


🌍 Outlook: The Future of Synthetic Ammonia Raw Materials Is Greener and More Efficient

The synthetic ammonia raw material market is undergoing a fundamental transformation. While natural gas and coal continue to dominate the feedstock landscape, the industry is channeling significant investment into low-carbon hydrogen production, carbon capture technologies, and the development of a green ammonia value chain.

📈 Key Trends Shaping the Market:

  • Rapid scaling of blue and green ammonia pilot and commercial projects in North America, Europe, and the Middle East

  • Regulatory push and subsidies for clean hydrogen, directly benefiting ammonia feedstock production

  • Digitalization and advanced process control for optimizing feedstock consumption and reducing emissions

  • Strategic alliances between energy companies, ammonia producers, and off-takers to de-risk low-carbon ammonia projects

Get Full Report Here:
Synthetic Ammonia Raw Material Market – View in Detailed Research Report

The companies listed above are not only supplying the building blocks for global agriculture and industry—they’re spearheading the energy transition by turning ammonia into a cornerstone of the future clean energy system.