Argentina Green Ammonia Market Size & Outlook, 2023-2030

The green ammonia market in Argentina is expected to reach a projected revenue of US$ 666.5 million by 2030. A compound annual growth rate of 98.2% is expected of Argentina green ammonia market from 2024 to 2030.
Revenue, 2023 (US$M)
$5.6
Forecast, 2030 (US$M)
$666.5
CAGR, 2024 - 2030
98.2%
Report Coverage
Argentina

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Argentina green ammonia market, 2018-2030 (US$M)

Argentina green ammonia market, 2018-2030 (US$M)

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Argentina green ammonia market highlights

  • The Argentina green ammonia market generated a revenue of USD 5.6 million in 2023 and is expected to reach USD 666.5 million by 2030.
  • The Argentina market is expected to grow at a CAGR of 98.2% 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 5.6 million
Market revenue in 2030USD 666.5 million
Growth rate98.2% (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, Argentina accounted for 1.3% 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 Latin America, Peru green ammonia market is projected to lead the regional market in terms of revenue in 2030.
  • Chile is the fastest growing regional market in Latin America and is projected to reach USD 1,993.4 million by 2030.

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Green Ammonia Market Companies

Name Profile # Employees HQ Website
Hiringa Energy View profile 1-10 New Plymouth, Taranaki, New Zealand, Oceania https://www.hiringa.co.nz
Starfire Energy View profile 1-10 Aurora, Colorado, United States, North America https://www.starfireenergy.com/
Haldor Topsoe Holding A/S View profile - Lyngby, Hovedstaden, Denmark, Europe -
Aquahydrex View profile 11-50 Louisville, Colorado, United States, North America https://aquahydrex.com/
Electrochaea View profile 11-50 Planegg, Bayern, Germany, Europe http://www.electrochaea.com
Enapter View profile 101-250 Berlin, Berlin, Germany, Europe https://www.enapter.com
Green Hydrogen Systems View profile 251-500 Kolding, Syddanmark, Denmark, Europe http://greenhydrogen.dk/
Wesfarmers Ltd View profile 217000 123 St Georges Terrace, Level 14, Brookfield Place Tower 2, Perth, WA, Australia, 6000 https://www.wesfarmers.com.au
Yara International ASA View profile 18000 Drammensveien 131, Oslo, Norway, 0277 https://www.yara.com
McPhy Energy SA View profile 265 1115, Route de Saint-Thomas, La Motte-Fanjas, France, 26190 http://www.mcphy.com
ITM Power PLC View profile 406 2 Bessemer Park, Shepcote Lane, Sheffield, United Kingdom, S9 1DZ https://www.itm-power.com
NEL ASA View profile 673 Karenslyst alle 49, Oslo, Norway, N-0279 https://www.nelhydrogen.com
Siemens Energy AG ADR View profile 97000 Otto-Hahn-Ring 6, Munich, BY, Germany, 81739 https://www.siemens-energy.com
Volkswagen AG View profile 656134 Berliner Ring 2, Wolfsburg, NI, Germany, 38440 https://www.volkswagenag.com
Thyssenkrupp AG View profile 100202 ThyssenKrupp Allee 1, Essen, NW, Germany, 45143 https://www.thyssenkrupp.com
Uniper SE View profile 7037 Holzstrasse 6, Dusseldorf, Germany, 40221 https://www.uniper.energy
Cummins Inc View profile 75500 500 Jackson Street, Box 3005, Columbus, IN, United States, 47202-3005 https://www.cummins.com
Engie SA View profile 97000 1, Place Samuel de Champlain, Courbevoie, France, 92400 https://www.engie.com
Basf SE View profile 111855 Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 https://www.basf.com

Argentina 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 37.5% in 2023. Horizon Databook has segmented the Argentina 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.


  • Argentina Green Ammonia End-Use Outlook (Revenue, USD Million, 2018-2030)
    • Power Generation
    • Fertilizer
    • Refrigeration
    • Other End-Uses
    • Transportation
  • Argentina 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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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina green ammonia market , including forecasts for subscribers. This country databook contains high-level insights into Argentina green ammonia market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

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

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

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