Mexico Green Ammonia Market Size & Outlook, 2023-2030
Mexico green ammonia market, 2018-2030 (US$M)
Related Markets
Mexico green ammonia market highlights
- The Mexico green ammonia market generated a revenue of USD 6.8 million in 2023 and is expected to reach USD 1,059.6 million by 2030.
- The Mexico market is expected to grow at a CAGR of 105.9% from 2024 to 2030.
- In terms of segment, power generation 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 2023 | USD 6.8 million |
| Market revenue in 2030 | USD 1,059.6 million |
| Growth rate | 105.9% (CAGR from 2023 to 2030) |
| Largest segment | Power generation |
| Fastest growing segment | Fertilizer |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Mexico accounted for 1.6% 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 North America, U.S. green ammonia market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 4,388.6 million by 2030.
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Green Ammonia Market Scope
Green Ammonia Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico 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.
Power generation was the largest segment with a revenue share of 42.65% in 2023. Horizon Databook has segmented the Mexico 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.
- Mexico Green Ammonia End-Use Outlook (Revenue, USD Million, 2018-2030)
- Power Generation
- Transportation
- Fertilizer
- Refrigeration
- Other End-Uses
- Mexico 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 Mexico green ammonia market databook
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Our clientele includes a mix of green ammonia market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico green ammonia market , including forecasts for subscribers. This country databook contains high-level insights into Mexico green ammonia market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico green ammonia market size, by end-use, 2018-2030 (US$M)
Mexico Green Ammonia Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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