China Green Ammonia Market Size & Outlook, 2023-2030

The green ammonia market in China is expected to reach a projected revenue of US$ 5,430.1 million by 2030. A compound annual growth rate of 117.7% is expected of China green ammonia market from 2024 to 2030.
Revenue, 2023 (US$M)
$23.4
Forecast, 2030 (US$M)
$5,430.1
CAGR, 2024 - 2030
117.7%
Report Coverage
China

China green ammonia market highlights

  • The China green ammonia market generated a revenue of USD 23.4 million in 2023 and is expected to reach USD 5,430.1 million by 2030.
  • The China market is expected to grow at a CAGR of 117.7% from 2024 to 2030.
  • In terms of segment, transportation was the largest revenue generating end-use in 2023.
  • Fertilizer is the most lucrative end-use segment registering the fastest growth during the forecast period.

Green ammonia market data book summary

Market revenue in 2023USD 23.4 million
Market revenue in 2030USD 5,430.1 million
Growth rate117.7% (CAGR from 2023 to 2030)
Largest segmentTransportation
Fastest growing segmentFertilizer
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPower Generation, Transportation, Fertilizer, Refrigeration, Other End-Uses
Key market players worldwideSiemens Energy AG ADR, NEL ASA, Volkswagen AG, Thyssenkrupp AG, ITM Power PLC, Cummins Inc, McPhy Energy SA, Basf SE, Yara International ASA, Engie SA, Uniper SE, Wesfarmers Ltd, Green Hydrogen Systems, Enapter, Electrochaea, Aquahydrex, Haldor Topsoe Holding A/S, Starfire Energy, Hiringa Energy

Other key industry trends

  • In terms of revenue, China accounted for 5.7% of the global green ammonia market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, Australia green ammonia market is projected to lead the regional market in terms of revenue in 2030.
  • Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 7,008.3 million by 2030.

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Green Ammonia Market Companies

Name Profile # Employees HQ Website

China green ammonia market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to green ammonia market will help companies and investors design strategic landscapes.


Transportation was the largest segment with a revenue share of 38.89% in 2023. Horizon Databook has segmented the China green ammonia market based on power generation, transportation, fertilizer, refrigeration, other end-uses covering the revenue growth of each sub-segment from 2018 to 2030.


  • China Green Ammonia End-Use Outlook (Revenue, USD Million, 2018-2030)
    • Power Generation
    • Transportation
    • Fertilizer
    • Refrigeration
    • Other End-Uses
  • China Green Ammonia Technology Outlook (Revenue, USD Million, 2018-2030)
    • Solid Oxide Electrolysis
    • Proton Exchange Membrane
    • Alkaline Water Electrolysis

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Target buyers of China green ammonia market databook

  • Our clientele includes a mix of green ammonia market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China green ammonia market , including forecasts for subscribers. This country databook contains high-level insights into China green ammonia market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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China green ammonia market size, by end-use, 2018-2030 (US$M)

China Green Ammonia Market Outlook Share, 2023 & 2030 (US$M)

China green ammonia market size, by end-use, 2018-2030 (US$M)

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