サマリー

世界のブルーアンモニア市場は、2023年の7,800万米ドルから2030年には76億6,400万米ドルに成長すると推定され、2024年から2030年までの年平均成長率は62.3％を記録すると予想される。各国政府は、ブルーアンモニア技術の使用を奨励するため、有利な規則を制定し、財政的インセンティブを提供している。こうしたプログラムには、研究開発資金、ブルーアンモニアの生産とインフラに対する補助金、さまざまな産業でのブルーアンモニアの使用を奨励する法律などが含まれる。こうした取り組みが、ブルーアンモニア市場の拡大に貢献している。
「スチームメタン改質：技術別では、ブルーアンモニア市場の最大セグメント "
分野別に見ると、ブルーアンモニア市場は蒸気メタン改質、自己熱改質、ガス部分酸化の3つのセグメントに分けられる。水蒸気メタン改質は予測期間中2番目に大きなセグメントになると予想され、次いでオートサーマル改質が続く。企業や地域がカーボンフットプリントの削減を目指す中、ブルーアンモニアは、より持続可能なエネルギー源にシフトしながらも、既存の天然ガスインフラの使用を継続することを可能にする、橋渡しソリューションとしての役割を果たす。
"用途別では、産業用フィーストックセグメントが予測期間中最大のセグメントとなる見込みである。"
用途に基づき、ブルーアンモニア市場は輸送、発電、工業用飼料に区分される。工業用原料セグメントは、肥料産業からの需要の増加により、予測期間中、ブルーアンモニア市場で最大のセグメントになると予想される。さらに、化学産業における急成長するブルーアンモニア経済は、欧州および国家レベルでの政策立案者のイニシアティブによって支えられており、2030年までに4300億ユーロの投資が必要と推定されている。北米のメタノール生産量は大幅に増加する可能性が高い。北米の企業は、メタンとアンモニアの生産を促進するために戦略的提携を結んでいる。例えば、CFインダストリーズ・ホールディングスは、ワガマンにあるアンモニア生産施設をインシテック・ピボット社から購入した。
「アジア太平洋」：ブルーアンモニア市場で第2位"
アジア太平洋地域は、2023～2030年のブルーアンモニア市場において、ヨーロッパ、北米に次いで2番目の市場シェアを持つと予想される。アジア太平洋地域は、温室効果ガス排出削減の政府目標を達成するためのグリーン技術導入の重要な市場である。日本と韓国は、日本の燃料電池マイクロCHP製品の商業化により、2009年以来燃料電池導入に多額の投資を行っている。エネルギー部門への投資は過去5年間で劇的に拡大しており、これがブルーアンモニア発電市場を支援すると予想される。中国とインドは世界で最も人口の多い国であり、農業は依然として経済の重要な要素である。
プライマリーの内訳
重要な定性的・定量的情報を入手・検証し、将来の市場見通しを評価するため、様々な主要業界関係者、主題専門家、主要市場プレイヤーのCレベル幹部、業界コンサルタントなどの専門家に詳細なインタビューを実施した。一次インタビューの分布は以下の通りである：
企業タイプ別：ティア1 60%、ティア2 25%、ティア3 15
役職別C-レベル：35%、ディレクターレベル：25%、その他：40
地域別北米25％、欧州25％、アジア太平洋地域30％、その他の地域20
注：その他には、セールスマネージャー、エンジニア、地域マネージャーを含む。
注：企業の階層は、2022年時点の総収入に基づいて定義されている。ティア1：10億米ドル以上、ティア2：5億米ドル以上10億米ドル未満、ティア3：5億米ドル未満

ブルーアンモニア市場は、幅広い地域で存在感を示す少数の大手企業によって支配されている。ブルーアンモニア市場の主要プレーヤーは、Linde plc（アイルランド）、Air products and Chemicals, Inc.（米国）、Air Liquide（フランス）、Worthington Industries（米国）、Cryolor（フランス）、Hexagon Purus（ノルウェー）、NPROXX（オランダ）である。各社が採用した主な戦略には、新製品の発売、契約・協定、投資・拡張などがある。
調査範囲
この調査レポートは、世界のブルーアンモニア市場を分野別、用途別、地域別に定義、記述、予測しています。また、市場の詳細な質的・量的分析も行っています。主要な市場促進要因、阻害要因、機会、課題を包括的にレビューしています。また、市場の様々な重要な側面もカバーしています。これらには、競争環境、市場ダイナミクス、金額ベースの市場推定、ブルーアンモニア市場の将来動向などの分析が含まれます。
レポート購入の主な利点
- ブルーアンモニア市場を牽引する主な要素は、温室効果ガス排出に対処する規制の強化である。さらに、各国政府はブルーアンモニアを海上燃料として確立するための取り組みを拡大しており、ブルーアンモニア市場においても2050年までにネットゼロ排出目標を達成することに注力している。にもかかわらず、ブルーアンモニアの生産コストが高いことが、ブルーアンモニア市場で各国が直面する最大の難題となっている。
- 製品開発／イノベーション：産業界からのブルーアンモニアに対する需要の高まりは、ブルーアンモニア市場における実質的な製品開発と技術革新の原動力となっている。企業は、産業界の特定のニーズに合わせた最新のブルーアンモニア生産技術の開発に投資している。
- 市場開発：Linde plcは、有名な特殊化学品会社であるEvonikにグリーンブルーアンモニアを長期的に供給することに合意した。この契約に基づき、リンデはシンガポールのジュロン島に9メガワットのアルカリ電解槽施設を建設、所有、管理する。このプラントの主な生産物はグリーンブルーアンモニアで、エボニックはこれを動物飼料の必須要素であるメチオニンの合成に使用したいと考えている。
- 市場の多様化エドモントン国際空港は、アルバータ州初のブルー・アンモニア燃料電池乗用車のブルー・アンモニアおよび技術プロバイダーとして、エアープロダクツ＆ケミカルズ社を選定した。エアープロダクツは、空港に移動式ブルーアンモニア補給装置を設置し、トヨタ・ミライのブルーアンモニア燃料電池車にブルーアンモニアを供給する。
- 競合他社の評価：Yara International ASA（ノルウェー）、Saudi Arabian Oil Co.（サウジアラビア）、OCI（英国）、Ma'aden（サウジアラビア）、CF Industries Holdings, Inc.（米国）などの大手企業の市場シェア、成長戦略、サービス内容を詳細に評価。

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目次

1 INTRODUCTION 17
1.1 STUDY OBJECTIVES 17
1.2 MARKET DEFINITION 17
1.3 INCLUSIONS AND EXCLUSIONS 18
1.4 MARKET SCOPE 18
1.4.1 MARKET SEGMENTATION 18
1.4.2 REGIONAL SCOPE 18
1.5 YEARS CONSIDERED 19
1.6 CURRENCY CONSIDERED 19
1.7 LIMITATIONS 19
1.8 STAKEHOLDERS 20
1.9 IMPACT OF RECESSION 20
2 RESEARCH METHODOLOGY 21
2.1 RESEARCH DATA 21
FIGURE 1 BLUE AMMONIA MARKET: RESEARCH DESIGN 21
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION 22
FIGURE 2 DATA TRIANGULATION 22
2.2.1 SECONDARY DATA 23
2.2.1.1 Key data from secondary sources 23
2.2.2 PRIMARY DATA 24
2.2.2.1 Key data from primary sources 24
2.2.2.2 Breakdown of primary interviews 25
FIGURE 3 BREAKDOWN OF PRIMARIES: BY COMPANY TYPE, DESIGNATION, AND REGION 25
2.3 MARKET SIZE ESTIMATION 26
2.3.1 BOTTOM-UP APPROACH 26
FIGURE 4 BLUE AMMONIA MARKET: BOTTOM-UP APPROACH 26
2.3.2 TOP-DOWN APPROACH 27
FIGURE 5 BLUE AMMONIA MARKET: TOP-DOWN APPROACH 27
2.3.3 DEMAND-SIDE ANALYSIS 27
FIGURE 6 METRICS CONSIDERED TO ANALYZE DEMAND FOR BLUE AMMONIA 27
2.3.3.1 Demand-side assumptions and limitations 28
2.3.4 SUPPLY-SIDE ANALYSIS 29
2.3.4.1 Supply-side calculations 29
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS 29
2.4 FORECAST 29
2.4.1 REALISTIC AND PESSIMISTIC RECESSION IMPACT SCENARIOS 29
3 EXECUTIVE SUMMARY 30
TABLE 1 BLUE AMMONIA MARKET SNAPSHOT 31
FIGURE 8 ASIA PACIFIC TO HOLD LARGEST SHARE OF BLUE AMMONIA MARKET IN 2024 31
FIGURE 9 STEAM METHANE REFORMING SEGMENT TO ACCOUNT FOR LARGEST SHARE OF BLUE AMMONIA MARKET, BY TECHNOLOGY, IN 2030 32
FIGURE 10 INDUSTRIAL FEEDSTOCK SEGMENT TO CAPTURE LARGEST SHARE OF BLUE AMMONIA MARKET, BY END-USE APPLICATION, IN 2030 32
4 PREMIUM INSIGHTS 34
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN BLUE AMMONIA MARKET 34
FIGURE 11 GROWING FOCUS ON REDUCING GREENHOUSE GAS EMISSIONS TO CREATE LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS 34
4.2 BLUE AMMONIA MARKET, BY REGION 35
FIGURE 12 BLUE AMMONIA MARKET IN NORTH AMERICA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 35
4.3 BLUE AMMONIA MARKET IN ASIA PACIFIC, BY END-USE APPLICATION AND COUNTRY 35
FIGURE 13 INDUSTRIAL FEEDSTOCK AND CHINA TO DOMINATE ASIA PACIFIC BLUE AMMONIA MARKET IN 2024 35
4.4 BLUE AMMONIA MARKET, BY TECHNOLOGY 36
FIGURE 14 AUTOTHERMAL REFORMING TECHNOLOGY TO HOLD LARGEST SHARE OF BLUE AMMONIA MARKET IN 2030 36
4.5 BLUE AMMONIA MARKET, BY END-USE APPLICATION 36
FIGURE 15 INDUSTRIAL FEEDSTOCK SEGMENT TO ACCOUNT FOR LARGEST SHARE OF BLUE AMMONIA MARKET IN 2030 36
5 MARKET OVERVIEW 37
5.1 INTRODUCTION 37
5.2 MARKET DYNAMICS 38
FIGURE 16 BLUE AMMONIA MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 38
5.2.1 DRIVERS 38
5.2.1.1 Growing focus on reducing greenhouse gas emissions 38
5.2.1.2 Increasing efforts toward empowering hydrogen economy 39
5.2.1.3 Rising demand for eco-friendly fertilizers 39
5.2.1.4 Increasing government investments in commercialization of emission control technologies 40
5.2.2 RESTRAINTS 40
5.2.2.1 High cost associated with infrastructure set up for blue ammonia production 40
5.2.3 OPPORTUNITIES 41
5.2.3.1 Potential of blue ammonia as maritime fuel 41
5.2.3.2 Growing demand for blue ammonia to generate power 42
5.2.4 CHALLENGES 42
5.2.4.1 Limited awareness about blue ammonia within specific industries 42
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 43
5.3.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR PROVIDERS OF BLUE AMMONIA 43
FIGURE 17 REVENUE SHIFT AND NEW REVENUE POCKETS FOR PLAYERS IN BLUE AMMONIA MARKET 43
5.4 SUPPLY CHAIN ANALYSIS 44
FIGURE 18 BLUE AMMONIA SUPPLY CHAIN ANALYSIS 44
5.4.1 TECHNOLOGY PROVIDERS AND EPC CONTRACTORS 44
5.4.2 FEEDSTOCK SUPPLIERS 44
5.4.3 BLUE HYDROGEN SUPPLIERS 45
5.4.4 BLUE AMMONIA PRODUCERS 45
5.4.5 END USERS 45
TABLE 2 ROLE OF KEY COMPANIES IN BLUE AMMONIA ECOSYSTEM 45
5.5 MARKET MAPPING 46
FIGURE 19 BLUE AMMONIA MARKET MAPPING 46
5.6 TECHNOLOGY ANALYSIS 46
5.6.1 RECENT ADVANCEMENTS IN BLUE AMMONIA PRODUCTION PROCESS 46
5.7 PATENT ANALYSIS 47
5.7.1 LIST OF MAJOR PATENTS 47
TABLE 3 BLUE AMMONIA: INNOVATIONS AND PATENT REGISTRATIONS, JULY 2020–MARCH 2023 47
5.8 TARIFF AND REGULATORY FRAMEWORK 48
5.8.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 48
TABLE 4 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 48
TABLE 5 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 48
TABLE 6 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 49
5.8.2 REGULATORY FRAMEWORK 49
TABLE 7 BLUE AMMONIA MARKET: REGULATORY FRAMEWORK 49
5.9 KEY CONFERENCES AND EVENTS, 2023–2024 50
TABLE 8 LIST OF KEY CONFERENCES AND EVENTS IN BLUE AMMONIA MARKET, 2023–2024 50
5.10 TRADE ANALYSIS 51
5.10.1 HS CODE 2814 51
5.10.1.1 Export scenario 51
TABLE 9 EXPORT SCENARIO FOR HS CODE 2814, BY COUNTRY, 2020–2022 (USD) 51
FIGURE 20 HS CODE 2814: EXPORT DATA FOR TOP 5 COUNTRIES, 2020–2022 (USD) 52
5.10.1.2 Import scenario 52
TABLE 10 IMPORT SCENARIO FOR HS CODE 2814, BY COUNTRY, 2020–2022 (USD) 52
FIGURE 21 HS CODE 2814: IMPORT DATA FOR TOP 5 COUNTRIES, 2020–2022 (USD) 53
5.10.2 HS CODE 280410 53
5.10.2.1 Export scenario 53
TABLE 11 EXPORT SCENARIO FOR HS CODE 280410, BY COUNTRY, 2020–2022 (USD) 54
FIGURE 22 HS CODE 280410: EXPORT DATA FOR TOP 5 COUNTRIES, 2020–2022 (USD) 54
5.10.2.2 Import scenario 55
TABLE 12 IMPORT SCENARIO FOR HS CODE 280410, BY COUNTRY, 2020–2022 (USD) 55
FIGURE 23 HS CODE 280410: IMPORT DATA FOR TOP 5 COUNTRIES, 2020–2022 (USD) 56
5.11 PRICING ANALYSIS 56
5.11.1 AVERAGE LEVELIZED COST, BY REGION 56
TABLE 13 BLUE AMMONIA AVERAGE PRICE PER TON, BY REGION 56
5.12 CASE STUDY ANALYSIS 57
5.12.1 QATARENERGY PLANS TO BUILD BLUE AMMONIA PRODUCTION FACILITY TO PROMOTE USE OF CLEAN FUEL AND REDUCE GHG EMISSIONS 57
5.13 PORTER'S FIVE FORCES ANALYSIS 58
FIGURE 24 PORTER'S FIVE FORCES ANALYSIS FOR BLUE AMMONIA MARKET 58
TABLE 14 BLUE AMMONIA MARKET: PORTER'S FIVE FORCES ANALYSIS 58
5.13.1 THREAT OF SUBSTITUTES 59
5.13.2 BARGAINING POWER OF SUPPLIERS 59
5.13.3 BARGAINING POWER OF BUYERS 59
5.13.4 THREAT OF NEW ENTRANTS 59
5.13.5 INTENSITY OF COMPETITIVE RIVALRY 60
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA 60
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS 60
FIGURE 25 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 END-USE APPLICATIONS 60
TABLE 15 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 END-USE APPLICATIONS (%) 60
5.14.2 BUYING CRITERIA 61
FIGURE 26 KEY BUYING CRITERIA FOR TOP 3 END-USE APPLICATIONS 61
TABLE 16 KEY BUYING CRITERIA FOR TOP 3 END-USE APPLICATIONS 61
6 BLUE AMMONIA MARKET, BY TECHNOLOGY 62
6.1 INTRODUCTION 63
FIGURE 27 BLUE AMMONIA MARKET, BY TECHNOLOGY, 2024 63
TABLE 17 BLUE AMMONIA MARKET, BY TECHNOLOGY, 2022–2030 (USD MILLION) 63
6.2 STEAM METHANE REFORMING 64
6.2.1 ACCELERATING USE OF SMR TECHNOLOGY IN CHEMICAL AND INDUSTRIAL PLANTS TO DRIVE MARKET 64
6.3 AUTOTHERMAL REFORMING 64
6.3.1 RISING ADOPTION OF ATR TECHNOLOGY IN BLUE AMMONIA PLANTS TO CREATE OPPORTUNITIES FOR MARKET PLAYERS 64
6.4 GAS PARTIAL OXIDATION 65
6.4.1 INCREASING DEMAND FOR GAS PARTIAL OXIDATION TECHNOLOGY IN ENERGY SECTOR TO FUEL MARKET GROWTH 65
7 BLUE AMMONIA MARKET, BY END-USE APPLICATION 66
7.1 INTRODUCTION 67
FIGURE 28 BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2024 67
TABLE 18 BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (USD MILLION) 67
TABLE 19 BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (KILOTONS) 68
7.2 POWER GENERATION 68
7.2.1 SIGNIFICANT DEMAND FROM COUNTRIES LACKING RENEWABLE ENERGY INFRASTRUCTURE TO DRIVE SEGMENTAL GROWTH 68
TABLE 20 POWER GENERATION: BLUE AMMONIA MARKET, BY REGION, 2022–2030 (USD MILLION) 68
TABLE 21 POWER GENERATION: BLUE AMMONIA MARKET, BY REGION, 2022–2030 (KILOTONS) 69
7.3 TRANSPORTATION 69
7.3.1 POTENTIAL OF BLUE AMMONIA AS FUEL IN MARINE SHIPPING AND RAIL TRANSPORTATION TO CREATE SIGNIFICANT GROWTH OPPORTUNITIES 69
TABLE 22 TRANSPORTATION: BLUE AMMONIA MARKET, BY REGION, 2022–2030 (USD MILLION) 70
TABLE 23 TRANSPORTATION: BLUE AMMONIA MARKET, BY REGION, 2022–2030 (KILOTONS) 70
7.4 INDUSTRIAL FEEDSTOCK 70
7.4.1 CUSTOMER WILLINGNESS TO PAY FOR GREENER ALTERNATIVES TO BOOST DEMAND FOR BLUE AMMONIA IN INDUSTRIAL SECTOR 70
TABLE 24 INDUSTRIAL FEEDSTOCK: BLUE AMMONIA MARKET, BY REGION, 2022–2030 (USD MILLION) 71
TABLE 25 INDUSTRIAL FEEDSTOCK: BLUE AMMONIA MARKET, BY REGION, 2022–2030 (KILOTONS) 71
8 BLUE AMMONIA MARKET, BY REGION 72
8.1 INTRODUCTION 73
FIGURE 29 NORTH AMERICA TO RECORD HIGHEST CAGR IN BLUE AMMONIA MARKET DURING FORECAST PERIOD 73
FIGURE 30 BLUE AMMONIA MARKET SHARE, IN TERMS OF VALUE, BY REGION, 2024 74
TABLE 26 BLUE AMMONIA MARKET, BY REGION, 2022–2030 (KILOTONS) 74
TABLE 27 BLUE AMMONIA MARKET, BY REGION, 2022–2030 (USD MILLION) 74
8.2 NORTH AMERICA 75
FIGURE 31 NORTH AMERICA: BLUE AMMONIA MARKET SNAPSHOT 75
8.2.1 RECESSION IMPACT: NORTH AMERICA 76
8.2.2 BY TECHNOLOGY 76
TABLE 28 NORTH AMERICA: BLUE AMMONIA MARKET, BY TECHNOLOGY, 2022–2030 (USD MILLION) 76
8.2.3 BY END-USE APPLICATION 76
TABLE 29 NORTH AMERICA: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (USD MILLION) 76
TABLE 30 NORTH AMERICA: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (KILOTONS) 77
8.2.4 BY COUNTRY 77
TABLE 31 NORTH AMERICA: BLUE AMMONIA MARKET, BY COUNTRY, 2022–2030 (USD MILLION) 77
TABLE 32 NORTH AMERICA: BLUE AMMONIA MARKET, BY COUNTRY, 2022–2030 (KILOTONS) 77
8.2.4.1 US 78
8.2.4.1.1 Abundance of low-cost natural gas to drive market 78
8.2.4.1.2 Key blue ammonia projects in US 78
TABLE 33 US: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (USD MILLION) 79
8.2.4.2 Canada 79
8.2.4.2.1 Increasing investments in liquified natural gas infrastructure to create opportunities for blue ammonia producers 79
8.2.4.2.2 Key blue ammonia projects in Canada 80
TABLE 34 CANADA: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (USD MILLION) 80
8.3 EUROPE 81
8.3.1 RECESSION IMPACT: EUROPE 81
8.3.2 BY TECHNOLOGY 81
TABLE 35 EUROPE: BLUE AMMONIA MARKET, BY TECHNOLOGY, 2022–2030 (USD MILLION) 81
8.3.3 BY END-USE APPLICATION 82
TABLE 36 EUROPE: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (USD MILLION) 82
TABLE 37 EUROPE: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (KILOTONS) 82
8.3.4 BY COUNTRY 82
TABLE 38 EUROPE: BLUE AMMONIA MARKET, BY COUNTRY, 2022–2030 (USD MILLION) 82
TABLE 39 EUROPE: BLUE AMMONIA MARKET, BY COUNTRY, 2022–2030 (KILOTONS) 83
8.3.4.1 UK 83
8.3.4.1.1 Stringent environmental regulations and commitment to reduce GHG emissions to drive market 83
TABLE 40 UK: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (USD MILLION) 84
8.3.4.2 France 84
8.3.4.2.1 Rising focus on reducing nuclear energy contribution in electricity mix to fuel market 84
TABLE 41 FRANCE: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (USD MILLION) 84
8.3.4.3 Netherlands 85
8.3.4.3.1 Increasing adoption of low-carbon fuels to boost demand for blue ammonia 85
TABLE 42 NETHERLANDS: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (USD MILLION) 85
8.3.4.4 Norway 85
8.3.4.4.1 Significant efforts of government and industrial players to decarbonize economy to foster demand for blue ammonia 85
TABLE 43 NORWAY: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (USD MILLION) 86
8.3.4.5 Rest of Europe 86
TABLE 44 REST OF EUROPE: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (USD MILLION) 87
8.4 ASIA PACIFIC 87
FIGURE 32 ASIA PACIFIC: BLUE AMMONIA MARKET SNAPSHOT 88
8.4.1 RECESSION IMPACT: ASIA PACIFIC 88
8.4.2 BY TECHNOLOGY 89
TABLE 45 ASIA PACIFIC: BLUE AMMONIA MARKET, BY TECHNOLOGY, 2022–2030 (USD MILLION) 89
8.4.3 BY END-USE APPLICATION 89
TABLE 46 ASIA PACIFIC: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (USD MILLION) 89
TABLE 47 ASIA PACIFIC: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (KILOTONS) 89
8.4.4 BY COUNTRY 90
TABLE 48 ASIA PACIFIC: BLUE AMMONIA MARKET, BY COUNTRY, 2022–2030 (USD MILLION) 90
TABLE 49 ASIA PACIFIC: BLUE AMMONIA MARKET, BY COUNTRY, 2022–2030 (KILOTONS) 90
8.4.4.1 Japan 90
8.4.4.1.1 Rising demand for blue ammonia in power generation to drive market 90
TABLE 50 JAPAN: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (USD MILLION) 91
8.4.4.2 South Korea 91
8.4.4.2.1 Enforcement of stringent policies to decarbonize energy sector to boost demand for blue ammonia 91
TABLE 51 SOUTH KOREA: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (USD MILLION) 91
8.4.4.3 China 92
8.4.4.3.1 Increasing investments in R&D of blue ammonia technology to fuel market 92
TABLE 52 CHINA: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (USD MILLION) 92
8.4.4.4 Australia 92
8.4.4.4.1 Net-zero emission target set by country to encourage adoption of blue ammonia in industrial and energy sectors 92
TABLE 53 AUSTRALIA: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (USD MILLION) 93
8.4.4.5 Rest of Asia Pacific 93
TABLE 54 REST OF ASIA PACIFIC: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (USD MILLION) 94
8.5 REST OF THE WORLD (ROW) 94
8.5.1 RECESSION IMPACT: ROW 94
8.5.2 BY TECHNOLOGY 94
TABLE 55 ROW: BLUE AMMONIA MARKET, BY TECHNOLOGY, 2022–2030 (USD MILLION) 94
8.5.3 BY END-USE APPLICATION 95
TABLE 56 ROW: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (USD MILLION) 95
TABLE 57 ROW: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (KILOTONS) 95
8.5.4 BY COUNTRY 95
TABLE 58 ROW: BLUE AMMONIA MARKET, BY COUNTRY, 2022–2030 (USD MILLION) 95
TABLE 59 ROW: BLUE AMMONIA MARKET, BY COUNTRY, 2022–2030 (KILOTONS) 96
8.5.4.1 Saudi Arabia 96
8.5.4.1.1 Presence of top companies, such as Saudi Aramco and Ma’aden, to drive market 96
TABLE 60 SAUDI ARABIA: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (USD MILLION) 96
8.5.4.2 UAE 97
8.5.4.2.1 Increasing use of hydrogen to generate electricity to fuel market growth 97
TABLE 61 UAE: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (USD MILLION) 97
8.5.4.3 Other countries 97
TABLE 62 OTHER COUNTRIES: BLUE AMMONIA MARKET, BY END-USE APPLICATION, 2022–2030 (USD MILLION) 98
9 COMPETITIVE LANDSCAPE 99
9.1 OVERVIEW 99
FIGURE 33 KEY DEVELOPMENTS IN BLUE AMMONIA MARKET, 2019–2023 100
9.2 INDUSTRY CONCENTRATION OF KEY PLAYERS, 2022 101
FIGURE 34 KEY PLAYERS IN BLUE AMMONIA MARKET, 2022 101
9.3 COMPANY EVALUATION FRAMEWORK 101
TABLE 63 COMPANY EVALUATION FRAMEWORK, 2019–2023 101
9.4 SEGMENTAL REVENUE ANALYSIS OF TOP 5 COMPANIES 102
FIGURE 35 SEGMENTAL REVENUE ANALYSIS, 2018–2022 102
9.5 EVALUATION MATRIX FOR KEY COMPANIES, 2022 103
9.5.1 STARS 103
9.5.2 EMERGING LEADERS 103
9.5.3 PERVASIVE PLAYERS 103
9.5.4 PARTICIPANTS 103
FIGURE 36 BLUE AMMONIA MARKET: EVALUATION MATRIX FOR KEY COMPANIES, 2022 104
9.5.5 COMPANY FOOTPRINT 104
TABLE 64 TECHNOLOGY: COMPANY FOOTPRINT 104
TABLE 65 END-USE APPLICATION: COMPANY FOOTPRINT 105
TABLE 66 REGION: COMPANY FOOTPRINT 106
9.6 EVALUATION MATRIX FOR STARTUPS/SMES, 2022 106
9.6.1 PROGRESSIVE COMPANIES 106
9.6.2 RESPONSIVE COMPANIES 107
9.6.3 DYNAMIC COMPANIES 107
9.6.4 STARTING BLOCKS 107
FIGURE 37 BLUE AMMONIA MARKET: EVALUATION MATRIX FOR STARTUPS/SMES, 2022 107
9.6.5 COMPETITIVE BENCHMARKING 108
TABLE 67 BLUE AMMONIA MARKET: LIST OF KEY STARTUPS/SMES 108
TABLE 68 TECHNOLOGY: STARTUPS/SMES FOOTPRINT 108
TABLE 69 END-USE APPLICATION: STARTUPS/SMES FOOTPRINT 109
TABLE 70 REGION: STARTUPS/SMES FOOTPRINT 109
9.7 RECENT DEVELOPMENTS 110
9.7.1 DEALS 110
TABLE 71 BLUE AMMONIA MARKET: DEALS, 2019–2023 110
9.7.2 OTHERS 112
TABLE 72 BLUE AMMONIA MARKET: OTHERS, 2019–2023 112
10 COMPANY PROFILES 113
10.1 BLUE AMMONIA PRODUCERS 113
(Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View)*
10.1.1 YARA INTERNATIONAL ASA 113
TABLE 73 YARA INTERNATIONAL ASA: COMPANY OVERVIEW 113
FIGURE 38 YARA INTERNATIONAL ASA: COMPANY SNAPSHOT 114
TABLE 74 YARA INTERNATIONAL ASA: PRODUCT/SERVICE/SOLUTION OFFERINGS 114
TABLE 75 YARA INTERNATIONAL ASA: DEALS 115
10.1.2 SAUDI ARABIAN OIL CO. 117
TABLE 76 SAUDI ARABIAN OIL CO.: COMPANY OVERVIEW 117
FIGURE 39 SAUDI ARABIAN OIL CO.: COMPANY SNAPSHOT 118
TABLE 77 SAUDI ARABIAN OIL CO.: PRODUCT/SERVICE/SOLUTION OFFERINGS 118
TABLE 78 SAUDI ARABIAN OIL CO.: DEALS 119
10.1.3 OCI 120
TABLE 79 OCI: BUSINESS OVERVIEW 120
FIGURE 40 OCI: COMPANY SNAPSHOT 121
TABLE 80 OCI: PRODUCT/SERVICE/SOLUTION OFFERINGS 121
TABLE 81 OCI: DEALS 122
TABLE 82 OCI: OTHERS 122
10.1.4 CF INDUSTRIES HOLDINGS, INC. 123
TABLE 83 CF INDUSTRIES HOLDINGS, INC.: COMPANY OVERVIEW 123
TABLE 84 CF INDUSTRIES HOLDINGS, INC.: PRODUCT/SERVICE/SOLUTION OFFERINGS 124
TABLE 85 CF INDUSTRIES HOLDINGS, INC.: DEALS 125
10.1.5 MA’ADEN 126
TABLE 86 MA’ADEN: COMPANY OVERVIEW 126
FIGURE 42 MA’ADEN: COMPANY SNAPSHOT 127
TABLE 87 MA’ADEN: PRODUCT/SERVICE/SOLUTION OFFERINGS 127
TABLE 88 MA’ADEN: DEALS 128
10.1.6 QATAR FERTILISER COMPANY (QAFCO) 129
TABLE 89 QATAR FERTILISER COMPANY (QAFCO): COMPANY OVERVIEW 129
FIGURE 43 QATAR FERTILISER COMPANY (QAFCO): COMPANY SNAPSHOT 129
TABLE 90 QATAR FERTILISER COMPANY (QAFCO): PRODUCT/SERVICE/SOLUTION OFFERINGS 130
TABLE 91 QATAR FERTILISER COMPANY (QAFCO): DEALS 130
10.1.7 SHELL PLC 131
TABLE 92 SHELL PLC: COMPANY OVERVIEW 131
FIGURE 44 SHELL PLC: COMPANY SNAPSHOT 132
TABLE 93 SHELL PLC: PRODUCT/SERVICE/SOLUTION OFFERINGS 132
TABLE 94 SHELL PLC: DEALS 133
10.1.8 EXXONMOBIL CORPORATION 134
TABLE 95 EXXONMOBIL CORPORATION: COMPANY OVERVIEW 134
FIGURE 45 EXXONMOBIL CORPORATION: COMPANY SNAPSHOT 135
TABLE 96 EXXONMOBIL CORPORATION: PRODUCT/SERVICE/SOLUTION OFFERINGS 135
TABLE 97 EXXONMOBIL CORPORATION: OTHERS 136
10.1.9 LINDE PLC 137
TABLE 98 LINDE PLC: COMPANY OVERVIEW 137
FIGURE 46 LINDE PLC: COMPANY SNAPSHOT 138
TABLE 99 LINDE PLC: PRODUCT/SERVICE/SOLUTION OFFERINGS 138
TABLE 100 LINDE PLC: OTHERS 139
10.1.10 NUTRIEN LTD. 140
TABLE 101 NUTRIEN LTD.: COMPANY OVERVIEW 140
FIGURE 47 NUTRIEN LTD.: COMPANY SNAPSHOT 141
TABLE 102 NUTRIEN LTD.: PRODUCT/SERVICE/SOLUTION OFFERINGS 141
TABLE 103 NUTRIEN LTD.: DEALS 142
10.1.11 UNIPER SE 143
TABLE 104 UNIPER SE: COMPANY OVERVIEW 143
FIGURE 48 UNIPER SE: COMPANY SNAPSHOT 144
TABLE 105 UNIPER SE: PRODUCT/SERVICE/SOLUTION OFFERINGS 144
TABLE 106 UNIPER SE: DEALS 145
10.1.12 ADNOC GROUP 146
TABLE 107 ADNOC GROUP: COMPANY OVERVIEW 146
FIGURE 49 ADNOC GROUP: COMPANY SNAPSHOT 146
TABLE 108 ADNOC GROUP: PRODUCT/SERVICE/SOLUTION OFFERINGS 147
 
10.1.13 LSB INDUSTRIES 148
TABLE 109 LSB INDUSTRIES: COMPANY OVERVIEW 148
FIGURE 50 LSB INDUSTRIES: COMPANY SNAPSHOT 149
TABLE 110 LSB INDUSTRIES: PRODUCT/SERVICE/SOLUTION OFFERINGS 149
10.2 OTHER BLUE AMMONIA PRODUCERS 150
10.2.1 EUROCHEM GROUP 150
10.2.2 ITOCHU CORPORATION 150
10.2.3 TÉCNICAS REUNIDAS S.A. 151
10.2.4 PAO NOVATEK 152
10.3 TECHNOLOGY PROVIDERS 153
10.3.1 KBR INC. 153
TABLE 111 KBR INC.: COMPANY OVERVIEW 153
FIGURE 51 KBR INC.: COMPANY SNAPSHOT 154
TABLE 112 KBR INC.: PRODUCT/SERVICE/SOLUTION OFFERINGS 154
10.3.2 TOPSOE 155
TABLE 113 TOPSOE: COMPANY OVERVIEW 155
TABLE 114 TOPSOE: PRODUCT/SERVICE/SOLUTION OFFERINGS 155
10.3.3 THYSSENKRUPP UHDE GMBH 156
10.4 EPC COMPANIES 157
10.4.1 TECHNIP ENERGIES N.V. 157
TABLE 115 TECHNIP ENERGIES N.V.: COMPANY OVERVIEW 157
FIGURE 52 TECHNIP ENERGIES N.V.: COMPANY SNAPSHOT 158
TABLE 116 TECHNIP ENERGIES N.V.: PRODUCT/SERVICE/SOLUTION OFFERINGS 158
10.4.2 MAIRETECNIMONT S.P.A. 159
TABLE 117 MAIRETECNIMONT S.P.A.: COMPANY OVERVIEW 159
FIGURE 53 MAIRETECNIMONT S.P.A.: COMPANY SNAPSHOT 160
TABLE 118 MAIRETECNIMONT S.P.A.: PRODUCT/SERVICE/SOLUTION OFFERINGS 160
10.4.3 SAIPEM 161
TABLE 119 SAIPEM: COMPANY OVERVIEW 161
FIGURE 54 SAIPEM: COMPANY SNAPSHOT 162
TABLE 120 SAIPEM: PRODUCT/SERVICE/SOLUTION OFFERINGS 162
*Details on Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View might not be captured in case of unlisted companies.
11 APPENDIX 163
11.1 INSIGHTS FROM INDUSTRY EXPERTS 163
11.2 DISCUSSION GUIDE 164
11.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 170
11.4 CUSTOMIZATION OPTIONS 172
11.5 RELATED REPORTS 172
11.6 AUTHOR DETAILS 173