Summary

The green ammonia market is expected to grow from USD 0.3 billion in 2024 to USD 6.2 billion by 2030, with a CAGR of 66.0% during the forecast period. The development of a global hydrogen economy is driving the demand for green ammonia. As an efficient hydrogen carrier, green ammonia is crucial for transporting hydrogen over long distances and enabling its use in various applications, including power generation, transportation, and industrial processes. “Solid oxide electrolysis technology segment to be the fastest-growing market from 2024 to 2030” The green ammonia market is divided into three technological categories: alkaline water electrolysis, proton exchange membrane electrolysis, and solid oxide electrolysis. The increasing global need for green hydrogen is pushing the use of Solid Oxide Electrolysis Cell (SOEC) technology, which provides an effective technique for producing hydrogen from renewable sources. SOEC technology is more energy efficient than conventional electrolysis technologies, giving it a competitive advantage in the green ammonia industry. The scalability of SOEC systems enables both small-scale and large-scale applications, satisfying the green ammonia industry's different requirements. “Industrial Feedstock, by end-use application, expected to be the largest market from 2024 to 2030” The green ammonia market, by end-use application, is bifurcated into power generation, transportation and industrial feedstock. The industrial feedstocks segment is expected to be the largest market, followed by power generation during the forecast period. This dominance is because of the need for green fertilizers in agricultural industries. The growing emphasis on sustainability and decreasing carbon footprints in industrial operations fuels demand for green ammonia as a greener alternative to standard ammonia manufacturing methods. Governments are adopting rules and incentives to encourage industry to use green ammonia. Green ammonia may be employed as a hydrogen carrier for energy storage, making it a flexible alternative for balancing supply and demand in renewable energy systems. Green ammonia is utilized in a variety of industrial applications, including fertilizers, chemicals, and medicines, where sustainability is increasingly important. “Europe is expected to be the largest region in the green ammonia market.” Several European nations have made significant pledges to increase the proportion of renewable energy in their energy mix. The availability of wind and solar resources in Europe offers a solid foundation for the creation of green hydrogen, which is subsequently converted into green ammonia. The combination of green ammonia with renewable energy sources helps to stabilize the system and store extra energy. In addition, Europe has made major investments in the infrastructure required for green ammonia production, storage, and delivery. The construction of pipelines, terminals, and storage facilities improves the scalability and logistics of green ammonia, allowing it to be widely adopted throughout the area. Breakdown of Primaries: In-depth interviews have been conducted with a variety of key industry participants, subject matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as assess future market prospects. The distribution of primary interviews is as follows: By Company Type: Tier 1- 65%, Tier 2- 24%, and Tier 3- 11% By Designation: C-Level- 30%, Director Level- 25%, and Others- 45% By Region: North America – 25%, Europe – 25%, Asia Pacific – 30%, Middle East & Africa– 10% and South America – 10% Note: Other designations include sales managers, marketing managers, product managers, and product engineers. The tier of the companies is defined based on their total revenue as of 2023. Tier 1: USD 1 billion and above, Tier 2: From USD 500 million to USD 1 billion, and Tier 3:

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Table of Contents

1 INTRODUCTION 26
1.1 STUDY OBJECTIVES 26
1.2 MARKET DEFINITION 26
1.3 STUDY SCOPE 27
1.3.1 INCLUSIONS AND EXCLUSIONS 27
1.3.2 MARKETS COVERED 28
1.3.3 YEARS CONSIDERED 29
1.4 CURRENCY CONSIDERED 29
1.5 LIMITATIONS 29
1.6 STAKEHOLDERS 30
1.7 SUMMARY OF CHANGES 30
1.8 RECESSION IMPACT 31
2 RESEARCH METHODOLOGY 32
2.1 RESEARCH APPROACH 32
2.2 DATA TRIANGULATION 33
2.2.1 PRIMARY AND SECONDARY RESEARCH 33
2.2.1.1 Secondary data 33
2.2.1.2 List of major secondary sources 34
2.2.1.3 Key data from secondary sources 34
2.2.2 PRIMARY DATA 34
2.2.2.1 List of primary interview participants 35
2.2.2.2 Key data from primary sources 35
2.2.2.3 Breakdown of primaries 35
2.3 MARKET SIZE ESTIMATION METHODOLOGY 37
2.3.1 BOTTOM-UP APPROACH 37
2.3.2 TOP-DOWN APPROACH 38
2.4 DEMAND-SIDE ANALYSIS 39
2.4.1 DEMAND-SIDE METRICS 39
2.4.1.1 Assumptions for demand-side analysis 40
2.4.1.2 Calculations for demand-side analysis 40
2.4.2 SUPPLY-SIDE ANALYSIS 41
2.4.2.1 Assumptions for supply-side analysis 41
2.4.2.2 Calculations for supply-side analysis 42
2.4.3 FORECAST 42
2.5 RESEARCH LIMITATIONS 43
2.6 RISK ANALYSIS 43
2.7 IMPACT OF RECESSION ON MARKET 43
3 EXECUTIVE SUMMARY 44
4 PREMIUM INSIGHTS 49
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN GREEN AMMONIA MARKET 49
4.2 GREEN AMMONIA MARKET, BY REGION 49
4.3 GREEN AMMONIA MARKET, BY TECHNOLOGY 50
4.4 GREEN AMMONIA MARKET, BY CAPACITY 50
4.5 GREEN AMMONIA MARKET, BY APPLICATION 51
4.6 GREEN AMMONIA MARKET IN EUROPE, BY APPLICATION AND COUNTRY 51
5 MARKET OVERVIEW 52
5.1 INTRODUCTION 52
5.2 MARKET DYNAMICS 52
5.2.1 DRIVERS 53
5.2.1.1 Need to store renewable energy for longer term 53
5.2.1.2 Regulatory policies and incentives to reduce GHG emissions 53
5.2.1.3 Increased need for eco-friendly fertilizers 54
5.2.2 RESTRAINTS 55
5.2.2.1 High initial setup costs 55
5.2.3 OPPORTUNITIES 55
5.2.3.1 Potential of ammonia as maritime fuel 55
5.2.3.2 Increasing focus on building hydrogen-based economy 56
5.2.3.3 Plans to achieve net-zero and electrolyzers target 56
5.2.4 CHALLENGES 57
5.2.4.1 Lack of information about green ammonia among chemical manufacturers 57
5.2.4.2 Low level of technology readiness for use of ammonia as zero-carbon fertilizer, fuel, and energy storage 57
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 58
5.3.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR PROVIDERS OF GREEN AMMONIA 58
5.4 SUPPLY CHAIN ANALYSIS 59
5.4.1 TECHNOLOGY PROVIDERS 59
5.4.2 PRODUCERS 59
5.4.3 AMMONIA PLANT EPC COMPANIES 59
5.4.4 END USERS 59
5.5 ECOSYSTEM ANALYSIS 60
5.6 TECHNOLOGY ANALYSIS 61
5.6.1 KEY TECHNOLOGIES 61
5.6.1.1 Electrolyzer-based Haber-Bosch process 61
5.6.1.2 Proton exchange membrane electrolysis 61
 
5.6.1.3 Alkaline electrolysis 61
5.6.1.4 Solid oxide electrolysis 62
5.6.2 COMPLEMENTARY TECHNOLOGY ANALYSIS 62
5.6.2.1 Electrochemical synthesis 62
5.6.2.2 Photochemical synthesis 63
5.6.2.3 Biomass with carbon capture and storage 63
5.7 CASE STUDY ANALYSIS 63
5.7.1 DOWNSCALING HABER-BOSCH 63
5.7.1.1 Background 63
5.7.1.2 Challenges 64
5.7.1.3 Solution 64
5.7.2 STORING AND TRANSPORTING RENEWABLE ENERGY 64
5.7.2.1 Background 64
5.7.2.2 Challenges 64
5.7.2.3 Solution 64
5.7.3 DEVELOPING CARBON-FREE ENERGY SYSTEMS WITH GREEN AMMONIA 65
5.7.3.1 Background 65
5.7.3.2 Challenges 65
5.7.3.3 Solution 65
5.8 PATENT ANALYSIS 66
5.9 TRADE ANALYSIS 70
5.9.1 HS CODE 2814 70
5.9.1.1 Export scenario 70
5.9.1.2 Import scenario 71
5.9.2 HS CODE 280410 72
5.9.2.1 Export scenario 72
5.9.2.2 Import scenario 73
5.9.3 HS CODE 280430 74
5.9.3.1 Export scenario 74
5.9.3.2 Import scenario 75
5.10 PRICING ANALYSIS 76
5.10.1 AVERAGE LEVELIZED COST OF GREEN AMMONIA, BY REGION 76
5.10.2 INDICATIVE PRICING ANALYSIS, BY TECHNOLOGY (USD) 77
5.11 KEY CONFERENCES & EVENTS, 2024–2025 77
5.12 MARKET MAP 78
5.13 REGULATORY LANDSCAPE 78
5.13.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 78
5.13.2 REGULATIONS 80
5.14 PORTER'S FIVE FORCES ANALYSIS 81
5.14.1 THREAT OF SUBSTITUTES 82
5.14.2 BARGAINING POWER OF SUPPLIERS 82
5.14.3 BARGAINING POWER OF BUYERS 82
5.14.4 THREAT OF NEW ENTRANTS 82
5.14.5 INTENSITY OF COMPETITIVE RIVALRY 83
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA 83
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS 83
5.15.2 BUYING CRITERIA 84
5.16 INVESTMENT AND FUNDING SCENARIO 85
6 KEY ELEMENTS IN GREEN AMMONIA PRODUCTION 86
6.1 NECESSARY ELEMENTS TO PRODUCE GREEN AMMONIA 86
6.1.1 POWER SOURCE 86
6.1.2 ELECTROLYZERS 87
6.1.3 HABER-BOSCH REACTORS 87
6.1.4 AIR SEPARATION UNITS 88
6.1.5 AMMONIA STORAGE UNITS 88
7 GREEN AMMONIA MARKET, BY TECHNOLOGY 89
7.1 INTRODUCTION 90
7.2 ALKALINE WATER ELECTROLYSIS 91
7.2.1 MATURITY AND COST-EFFECTIVENESS – KEY GROWTH DRIVERS 91
7.3 PROTON EXCHANGE MEMBRANE ELECTROLYSIS 92
7.3.1 FLEXIBLE TECHNOLOGY FOR DYNAMIC AND INTERMITTENT RENEWABLE ENERGY SYSTEMS 92
7.4 SOLID OXIDE ELECTROLYSIS 94
7.4.1 LOW DEMAND DUE TO INSTABILITY OF POWER SOURCES 94
8 GREEN AMMONIA MARKET, BY CAPACITY 95
8.1 INTRODUCTION 96
8.2 SMALL-SCALE 97
8.2.1 FLEXIBILITY AND LOWER CAPITAL INVESTMENT TO FUEL GROWTH 97
8.3 MEDIUM-SCALE 97
8.3.1 RISING REGIONAL AND LOCAL DEMAND TO BOOST GROWTH 97
8.4 LARGE-SCALE 97
8.4.1 EXTENSIVE PRODUCTION CAPACITY TO EXPEDITE GROWTH 97
9 GREEN AMMONIA MARKET, BY APPLICATION 98
9.1 INTRODUCTION 99
9.2 INDUSTRIAL FEEDSTOCK 100
9.2.1 FERTILIZERS 102
9.2.1.1 Wide-scale use of ammonia in production of agricultural fertilizers 102
9.2.2 CHEMICAL, PHARMACEUTICAL, TEXTILE 102
9.2.2.1 Growing demand from industries for sustainability 102
 
9.3 POWER GENERATION 102
9.3.1 CRUCIAL ROLE IN GAS TURBINES TO BOOST MARKET GROWTH 102
9.4 TRANSPORTATION 104
9.4.1 INCREASING INVESTMENTS IN FUEL CELL PROJECTS TO DRIVE MARKET 104
10 GREEN AMMONIA MARKET, BY REGION 105
10.1 INTRODUCTION 106
10.2 EUROPE 108
10.2.1 RECESSION IMPACT: EUROPE 109
10.2.2 EUROPE: MACRO FACTORS 110
10.2.2.1 Europe: Ammonia production 110
10.2.2.2 Europe: Hydrogen generation 110
10.2.2.3 Europe: Installed renewable capacity 110
10.2.2.4 Europe: Greenhouse gas emissions 111
10.2.3 BY TECHNOLOGY 111
10.2.4 BY APPLICATION 112
10.2.5 BY COUNTRY 112
10.2.5.1 Germany 113
10.2.5.1.1 Ongoing green ammonia projects to stimulate market growth 113
10.2.5.1.2 Germany: Macro factors 114
10.2.5.1.3 By application 115
10.2.5.2 UK 115
10.2.5.2.1 Role of green ammonia in country's net-zero emission goal to boost production 115
10.2.5.2.2 UK: Macro factors 116
10.2.5.2.3 By application 116
10.2.5.3 Netherlands 117
10.2.5.3.1 Favorable government policies and initiatives to drive market 117
10.2.5.3.2 Netherlands: Macro factors 117
10.2.5.3.3 By application 118
10.2.5.4 Denmark 119
10.2.5.4.1 Investments in large-scale green ammonia projects to fuel market growth 119
10.2.5.4.2 Denmark: Macro factors 119
10.2.5.4.3 By application 120
10.2.5.5 Norway 120
10.2.5.5.1 Need for carbon-free products in country to boost market growth 120
10.2.5.5.2 Norway: Macro factors 121
10.2.5.5.3 By application 121
 
10.2.5.6 Spain 122
10.2.5.6.1 Significant growth in green ammonia projects due to excellent resources 122
10.2.5.6.2 Spain: Macro factors 123
10.2.5.6.3 By application 123
10.2.5.7 Rest of Europe 124
10.2.5.7.1 Rest of Europe: Macro factors 124
10.2.5.7.2 By application 125
10.3 ASIA PACIFIC 125
10.3.1 RECESSION IMPACT: ASIA PACIFIC 126
10.3.2 ASIA PACIFIC: MACRO FACTORS 127
10.3.2.1 Asia Pacific: Ammonia production 127
10.3.2.2 Asia Pacific: Hydrogen generation 127
10.3.2.3 Asia Pacific: Installed renewable capacity 127
10.3.2.4 Asia Pacific: Greenhouse gas emissions 128
10.3.3 BY TECHNOLOGY 128
10.3.4 BY APPLICATION 129
10.3.5 BY COUNTRY 129
10.3.5.1 Australia 130
10.3.5.1.1 Increasing focus on renewable energy production to drive market 130
10.3.5.1.2 Australia: Macro factors 131
10.3.5.1.3 By application 131
10.3.5.2 China 132
10.3.5.2.1 Acceleration of green ammonia production in China to drive market growth 132
10.3.5.2.2 China: Macro factors 132
10.3.5.2.3 By application 133
10.3.5.3 Japan 134
10.3.5.3.1 Favorable policies promoting use of green ammonia to support market growth 134
10.3.5.3.2 Japan: Macro factors 134
10.3.5.3.3 By application 135
10.3.5.4 New Zealand 136
10.3.5.4.1 Innovations and subsidies for hydrogen and ammonia energy to boost market growth 136
10.3.5.4.2 New Zealand: Macro factors 136
10.3.5.4.3 By application 137
10.3.5.5 India 138
10.3.5.5.1 Growing green ammonia consumption in mobility sector to propel market 138
10.3.5.5.2 India: Macro factors 138
10.3.5.5.3 By application 139
 
10.3.5.6 Rest of Asia Pacific 140
10.3.5.6.1 Rest of Asia Pacific: Macro factors 140
10.3.5.6.2 By application 141
10.4 NORTH AMERICA 142
10.4.1 RECESSION IMPACT: NORTH AMERICA 142
10.4.2 NORTH AMERICA: MACRO FACTORS 142
10.4.2.1 North America: Ammonia production 142
10.4.2.2 North America: Hydrogen generation 142
10.4.2.3 North America: Installed renewable capacity 143
10.4.2.4 North America: Greenhouse gas emissions 143
10.4.3 BY TECHNOLOGY 143
10.4.4 BY APPLICATION 144
10.4.5 BY COUNTRY 145
10.4.5.1 US 145
10.4.5.1.1 High demand for transportation fuel to boost market 145
10.4.5.1.2 US: Macro factors 146
10.4.5.1.3 By application 146
10.4.5.2 Canada 147
10.4.5.2.1 Favorable policies promoting use of green ammonia to drive market 147
10.4.5.2.2 Canada: Macro factors 147
10.4.5.2.3 By application 148
10.4.5.3 Mexico 149
10.4.5.3.1 Growing fertilizer market to boost demand for green ammonia 149
10.4.5.3.2 Mexico: Macro factors 149
10.4.5.3.3 By application 150
10.5 REST OF THE WORLD 151
10.5.1 RECESSION IMPACT: ROW 151
10.5.2 ROW: MACRO FACTORS 152
10.5.2.1 Ammonia production 152
10.5.2.2 Hydrogen generation 152
10.5.2.3 Installed renewable capacity 152
10.5.2.4 Greenhouse gas emissions 153
10.5.3 BY COUNTRY 155
10.5.3.1 GCC Countries 155
10.5.3.1.1 Investments in renewable energy initiatives likely to propel market 155
10.5.3.1.2 Saudi Arabia 155
10.5.3.1.2.1 Green ammonia and hydrogen projects underway to boost economy 155
 
10.5.3.1.3 UAE 156
10.5.3.1.3.1 Increasing number of projects to stimulate market growth 156
10.5.3.1.4 UAE: Macro factors 156
10.5.3.1.5 Other GCC Countries 157
10.5.3.1.6 Macro factors 157
10.5.3.2 Rest of Middle East & Africa 157
10.5.3.2.1 Egypt: Macro factors 158
10.5.3.2.2 Morocco: Macro factors 158
10.5.3.3 Chile 159
10.5.3.3.1 Constant developments in energy sector to accelerate market growth 159
10.5.3.3.2 Chile: Macro factors 159
10.5.3.4 Brazil 160
10.5.3.4.1 Rising production of green hydrogen to drive market 160
10.5.3.4.2 Brazil: Macro factors 160
11 COMPETITIVE LANDSCAPE 161
11.1 OVERVIEW 161
11.2 STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2024 161
11.3 INDUSTRY CONCENTRATION 163
11.4 REVENUE ANALYSIS, 2019–2023 164
11.5 COMPANY VALUATION AND FINANCIAL MATRIX 165
11.6 BRAND COMPARISON 166
11.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 167
11.7.1 STARS 167
11.7.2 EMERGING LEADERS 167
11.7.3 PERVASIVE PLAYERS 167
11.7.4 PARTICIPANTS 167
11.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 169
11.7.5.1 Product footprint 169
11.7.5.2 Company footprint 170
11.7.5.3 Regional footprint 170
11.7.5.4 Technology footprint 171
11.7.5.5 Application footprint 172
11.7.5.6 Capacity footprint 173
11.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 174
11.8.1 PROGRESSIVE COMPANIES 174
11.8.2 RESPONSIVE COMPANIES 174
11.8.3 DYNAMIC COMPANIES 174
11.8.4 STARTING BLOCKS 174
11.8.5 COMPETITIVE BENCHMARKING: KEY STARTUPS/SMES, 2023 176
 
11.9 COMPETITIVE SCENARIO 177
11.9.1 PRODUCT LAUNCHES 177
11.9.2 DEALS 178
11.9.3 EXPANSIONS 179
11.9.4 OTHER DEVELOPMENTS 181
12 COMPANY PROFILES 183
12.1 PRODUCERS 183
12.1.1 ACME 183
12.1.1.1 Business overview 183
12.1.1.2 Products/Services/Solutions offered 183
12.1.1.3 Recent developments 184
12.1.1.3.1 Deals 184
12.1.1.3.2 Expansions 185
12.1.1.3.3 Other developments 186
12.1.1.4 MnM view 186
12.1.1.4.1 Right to win 186
12.1.1.4.2 Strategic choices 186
12.1.1.4.3 Weaknesses & competitive threats 186
12.1.2 YARA 187
12.1.2.1 Business overview 187
12.1.2.2 Products/Services/Solutions offered 188
12.1.2.3 Recent developments 189
12.1.2.3.1 Deals 189
12.1.2.3.2 Expansions 190
12.1.2.3.3 Other developments 190
12.1.2.4 MnM view 190
12.1.2.4.1 Right to win 190
12.1.2.4.2 Strategic choices 190
12.1.2.4.3 Weaknesses & competitive threats 191
12.1.3 BASF SE 192
12.1.3.1 Business overview 192
12.1.3.2 Products/Services/Solutions offered 193
12.1.3.3 Recent developments 194
12.1.3.3.1 Deals 194
12.1.4 SIEMENS ENERGY 195
12.1.4.1 Business overview 195
12.1.4.2 Products/Services/Solutions offered 197
12.1.4.3 Recent developments 197
12.1.4.3.1 Deals 197
 
12.1.4.4 MnM view 198
12.1.4.4.1 Right to win 198
12.1.4.4.2 Strategic choices 198
12.1.4.4.3 Weaknesses & competitive threats 198
12.1.5 ENGIE 199
12.1.5.1 Business overview 199
12.1.5.2 Products/Services/Solutions offered 200
12.1.5.3 Recent developments 201
12.1.5.3.1 Deals 201
12.1.6 CF INDUSTRIES HOLDINGS, INC. 203
12.1.6.1 Business overview 203
12.1.6.2 Products/Services/Solutions offered 204
12.1.6.3 Recent developments 205
12.1.6.3.1 Deals 205
12.1.6.3.2 Other developments 206
12.1.7 UNIPER SE 207
12.1.7.1 Business overview 207
12.1.7.2 Products/Services/Solutions offered 208
12.1.7.3 Recent developments 209
12.1.7.3.1 Deals 209
12.1.8 GREENKO GROUP 211
12.1.8.1 Business overview 211
12.1.8.2 Products/Services/Solutions offered 211
12.1.8.3 Recent developments 212
12.1.8.3.1 Deals 212
12.1.8.3.2 Other developments 213
12.2 OTHER PRODUCERS 214
12.2.1 FIRST AMMONIA 214
12.2.2 STARFIRE ENERGY 214
12.2.3 ALLIED GREEN AMMONIA PTY LTD 215
12.3 TECHNOLOGY PROVIDERS 216
12.3.1 THYSSENKRUPP AG 216
12.3.1.1 Business overview 216
12.3.1.2 Products/Services/Solutions offered 217
12.3.1.3 Recent developments 218
12.3.1.3.1 Deals 218
12.3.1.3.2 Other developments 220
12.3.1.4 MnM view 221
12.3.1.4.1 Right to win 221
12.3.1.4.2 Strategic choices 222
12.3.1.4.3 Weaknesses & competitive threats 222
 
12.3.2 NEL ASA 223
12.3.2.1 Business overview 223
12.3.2.2 Products/Services/Solutions offered 224
12.3.2.3 Recent developments 225
12.3.2.3.1 Deals 225
12.3.2.3.2 Expansions 226
12.3.2.3.3 Other developments 226
12.3.2.4 MnM view 228
12.3.2.4.1 Right to win 228
12.3.2.4.2 Strategic choices 228
12.3.2.4.3 Weaknesses & competitive threats 228
12.3.3 ITM POWER PLC 229
12.3.3.1 Business overview 229
12.3.3.2 Products/Services/Solutions offered 230
12.3.3.3 Recent developments 231
12.3.3.3.1 Deals 231
12.3.3.3.2 Expansions 232
12.3.3.3.3 Other developments 233
12.3.4 GREEN HYDROGEN SYSTEMS 234
12.3.4.1 Business overview 234
12.3.4.2 Products/Services/Solutions offered 235
12.3.4.3 Recent developments 235
12.3.4.3.1 Deals 235
12.3.4.3.2 Expansions 237
12.3.4.3.3 Other developments 237
12.3.5 MCPHY ENERGY S.A. 238
12.3.5.1 Business overview 238
12.3.5.2 Products/Services/Solutions offered 239
12.3.5.3 Recent developments 239
12.3.5.3.1 Deals 239
12.3.5.3.2 Expansions 240
12.3.5.3.3 Other developments 240
12.3.6 CUMMINS INC. 241
12.3.6.1 Business overview 241
12.3.6.2 Products/Services/Solutions offered 242
12.3.6.3 Recent developments 243
12.3.6.3.1 Deals 243
12.3.7 ENAPTER S.R.L. 244
12.3.7.1 Business overview 244
12.3.7.2 Products/Services/Solutions offered 245
 
12.3.7.3 Recent developments 246
12.3.7.3.1 Product launches 246
12.3.7.3.2 Deals 247
12.3.7.3.3 Expansions 247
12.3.7.3.4 Other developments 248
12.3.8 TOPSOE 250
12.3.8.1 Business overview 250
12.3.8.2 Products/Services/Solutions offered 251
12.3.8.3 Recent developments 252
12.3.8.3.1 Deals 252
12.3.8.3.2 Expansions 253
12.3.8.3.3 Other developments 253
12.3.9 FUELPOSITIVE 254
12.3.9.1 Business overview 254
12.3.9.2 Products/Services/Solutions offered 254
12.3.9.3 Recent developments 255
12.3.9.3.1 Product launches 255
12.3.9.3.2 Deals 255
12.3.9.3.3 Expansions 256
12.3.9.3.4 Other developments 256
12.4 OTHER TECHNOLOGY PROVIDERS 257
12.4.1 LONGI 257
12.5 AMMONIA PLANT EPC COMPANIES 258
12.5.1 IBERDROLA, S.A. 258
12.5.1.1 Business overview 258
12.5.1.2 Recent developments 260
12.5.1.2.1 Deals 260
12.6 OTHER AMMONIA PLANT EPC COMPANIES 261
12.6.1 HIRINGA ENERGY LTD 261
12.6.2 CEEC GLOBAL LTD 261
12.6.3 HYGENCO 262
13 APPENDIX 263
13.1 INSIGHTS FROM INDUSTRY EXPERTS 263
13.2 DISCUSSION GUIDE 264
13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 269
13.4 CUSTOMIZATION OPTIONS 271
13.5 RELATED REPORTS 271
13.6 AUTHOR DETAILS 272