Saudi Arabia Green Ammonia Market Size & Outlook
Saudi Arabia green ammonia market, 2018-2030 (US$M)
Related Markets
Saudi Arabia green ammonia market highlights
- The Saudi Arabia green ammonia market generated a revenue of USD 20.1 million in 2023 and is expected to reach USD 3,837.6 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 111.7% 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 2023 | USD 20.1 million |
| Market revenue in 2030 | USD 3,837.6 million |
| Growth rate | 111.7% (CAGR from 2023 to 2030) |
| Largest segment | Transportation |
| 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, Saudi Arabia accounted for 4.9% 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 Middle East & Africa, South Africa green ammonia market is projected to lead the regional market in terms of revenue in 2030.
- Morocco is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2,782.1 million by 2030.
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Green Ammonia Market Scope
Green Ammonia Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia 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 38.81% in 2023. Horizon Databook has segmented the Saudi Arabia 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.
- Saudi Arabia Green Ammonia End-Use Outlook (Revenue, USD Million, 2018-2030)
- Power Generation
- Transportation
- Fertilizer
- Refrigeration
- Other End-Uses
- Saudi Arabia 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 Saudi Arabia 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 Saudi Arabia green ammonia market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia green ammonia market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia green ammonia market size, by end-use, 2018-2030 (US$M)
Saudi Arabia Green Ammonia Market Outlook Share, 2023 & 2030 (US$M)
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