CARBON-FREE AMMONIA MARKET

INTRODUCTION

Ammonia that is produced without releasing carbon dioxide (CO2) into the environment is known as carbon-free ammonia. The Haber-Bosch process, which relies on high temperatures and pressures to react nitrogen and hydrogen gases to make ammonia, is the basis for conventional methods of ammonia production. Nevertheless, this procedure uses a lot of energy and emits a lot of CO2.

 Alternative production techniques are being created in order to manufacture ammonia that is carbon-free. Using renewable energy sources, such as solar or wind power, to electrolyze water and produce hydrogen gas is one possible strategy. Without emitting any CO2, this hydrogen can subsequently be combined with nitrogen to create ammonia.

Capturing and using the CO2 emissions from traditional ammonia production processes is an alternative strategy. In order to lower the net CO2 emissions from ammonia production, the captured CO2 can be employed as a feedstock for the synthesis of other chemicals or stored in subterranean geological formations.

Ammonia that is carbon-free has the potential to be a sustainable fuel source for a number of uses, including the production of electricity or transportation. Without increasing greenhouse gas emissions, it can also be utilised as a feedstock for the creation of other compounds, such fertilisers.

CARBON-FREE AMMONIA MARKET SIZE AND FORECAST

Global carbon-free ammonia market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

CARBON-FREE AMMONIA MARKET NEW PRODUCT LAUNCH

Scandinavia will soon host the first ammonia fuel bunker network in the entire world. Azane Fuel Solutions has received a preorder from Yara International for 15 floating bunkering terminals, enabling shipping fleets to use green ammonia as fuel.

Azane Fuel Solutions and Yara International have agreed to work together commercially to build a network of ammonia fuel bunkers in Scandinavia.

Azane Fuel Solutions will design and build the ammonia bunker terminals and deliver them to Yara. The international fertiliser company Yara will take advantage of its position as one of the biggest ammonia manufacturers in the world to supply green ammonia to the maritime sector.

A significant step towards eliminating the use of fossil fuels in shipping is the network of carbon-free floating bunkering stations.The partnership between Azane and Yara is a significant step towards decarbonizing transportation, utilising the huge manufacturing capabilities and global logistics of Yara Clean Ammonia.

Either barge-based or land-based bunker terminals will be used by Yara. Both terminal designs have the processing power and storage tanks necessary to safely store, handle, and transmit ammonia. The bunker terminal is built for quick loading and unloading of trucks as well as efficient loading and unloading of ships.

CARBON-FREE AMMONIA MARKET COMPANY PROFILES

• Yara International
• Siemens Energy
• MAN Energy Solutions
• thyssenkrupp
• Haldor Topsoe
• Kawasaki Heavy Industries
• Green Ammonia Consortium
• Air Liquide
• Iberdrola
• Mitsubishi Power

THIS CARBON-FREE AMMONIA MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many carbon-free ammonia are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global carbon-free ammonia and key vendor selection criteria
3. Where is the carbon-free ammonia manufactured? What is the average margin per unit?
4. Market share of Global carbon-free ammonia market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global carbon-free ammonia in-house
6. key predictions for next 5 years in Global carbon-free ammonia market
7. Average B-2-B carbon-free ammonia market price in all segments
8. Latest trends in carbon-free ammonia market, by every market segment
9. The market size (both volume and value) of the carbon-free ammonia market in 2024-2030 and every year in between?
10. Production breakup of carbon-free ammonia market, by suppliers and their OEM relationship