Latin America Green Ammonia Market Size & Outlook
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Latin America green ammonia market highlights
- The Latin America green ammonia market generated a revenue of USD 43.4 million in 2023.
- The market is expected to grow at a CAGR of 102% 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, Chile is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 43.4 million |
| Market revenue in 2030 | USD 5,963.4 million |
| Growth rate | 102% (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, Latin America region accounted for 10.6% 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.
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Green Ammonia Market Scope
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 |
Latin America 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 38.48% in 2023. Horizon Databook has segmented the Latin America 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.
- Latin America Green Ammonia End-Use Outlook (Revenue, USD Million, 2018-2030)
- Power Generation
- Transportation
- Fertilizer
- Refrigeration
- Other End-Uses
- Latin America 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 Latin America 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 continent-level data and insights on the Latin America green ammonia market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America green ammonia market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America green ammonia market size, by country, 2018-2030 (US$M)
Latin America Green Ammonia Market Outlook Share, 2023 & 2030 (US$M)
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