Middle East & Africa Green Ammonia Market Size & Outlook
Middle East & Africa green ammonia market, 2018-2030 (US$M)
Related Markets
MEA green ammonia market highlights
- The MEA green ammonia market generated a revenue of USD 86.3 million in 2023.
- The market is expected to grow at a CAGR of 111.5% 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.
- Country-wise, Morocco is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 86.3 million |
| Market revenue in 2030 | USD 16,365.1 million |
| Growth rate | 111.5% (CAGR from 2023 to 2030) |
| Largest segment | Transportation |
| Fastest growing segment | Fertilizer |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Power Generation, Transportation, Fertilizer, Refrigeration, Other End-Uses |
| Key market players worldwide | Siemens 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, MEA region accounted for 21.0% of the global green ammonia market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 24,058.8 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Green Ammonia Market Scope
Green Ammonia Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 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 38.01% in 2023. Horizon Databook has segmented the Middle East & Africa 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.
- Middle East & Africa Green Ammonia End-Use Outlook (Revenue, USD Million, 2018-2030)
- Power Generation
- Transportation
- Fertilizer
- Refrigeration
- Other End-Uses
- Middle East & Africa Green Ammonia Technology Outlook (Revenue, USD Million, 2018-2030)
- Solid Oxide Electrolysis
- Proton Exchange Membrane
- Alkaline Water Electrolysis
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Our clientele includes a mix of green ammonia market companies, investment firms, advisory firms & academic institutions.
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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 continent-level data and insights on the Middle East & Africa green ammonia market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa green ammonia market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA green ammonia market size, by country, 2018-2030 (US$M)
Middle East & Africa Green Ammonia Market Outlook Share, 2023 & 2030 (US$M)
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