MarkNtel Advisors recently published a detailed industry analysis of the Middle East & Africa Green Ammonia Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Middle East & Africa Green Ammonia Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The Middle East & Africa Green Ammonia Market is projected to grow at a CAGR of around 42.27% during the forecast period, i.e., 2025-30.
Key Findings in Middle East & Africa Green Ammonia Market:
- Historical Analysis: 2020–2023
- Base Year: 2024
- Forecast Period: 2025–2030
Leading Market Players- Yara International, AMEA Power, Hive Energy, Linde Engineering, ENOC Group, Other
Key Highlights of the Report
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the Middle East & Africa Green Ammonia industry?
Growing Inclination of the Government Towards Clean Energy Sources – Considering the menace of climate change, the government in the region is constantly working on promoting clean energy sources & the discovery of alternative energy which are sustainable & eco-friendly. As a result of which, the government itself is collaborating with private players to create an ecosystem for the development and production of green ammonia. For instance:
- The Government of the UAE aims to invest close to AED 600 Billion by the year 2050 to cater to the growing demand for energy & plans to fulfill 44% of the total energy requirements through clean fuels from the current levels, which are nearly 19.63% in 2021.
The favorable government policies are creating a way for private players to enter & invest in the production projects to cater to the upcoming demand from manufacturing & food processing industries & agriculture. Along with it, countries like the UAE & Saudi Arabia aim to emerge as a leading player within the production domain & export it to the neighboring countries & diversify their economic profile.
Similarly, in 2021, Saudi Arabia announced the production facility in NEOM City with the capacity of producing 1.2 million tons of this gas annually. The project is being developed by ACWA & Air Product and is expected to be operationalized in the year 2025 to serve domestic requirements as well as to be exported to the countries in the region
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What segments define the Middle East & Africa Green Ammonia Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?
By Technology
- (Alkaline Water Electrolysis [AWE],
- Proton Exchange Membrane [PEM],
- Solid Oxide Electrolysis [SOE]
According to report, Of them all, Alkaline Water Electrolysis is the most widely used technique to produce green ammonia, as it is comparatively easy & cost-effective.
By Application
- Agriculture/ Fertilizers,
- Power & Energy Generati…on,
- Energy Storage,
- Hydrogen Carrier,
- Shipping Fuel, Others
According to report, Here, Shipping Fuels is expected to have the leading share in the application of green ammonia as the countries within the middle eastern region are actively engaged in the import & export of goods, as a result of which the shipping industry is very prominent across the region
Explore the Complete Middle East & Africa Green Ammonia Market Analysis Report – https://www.marknteladvisors.com/research-library/mea-green-ammonia-market.html
Geographical Analysis: Middle East & Africa Green Ammonia Market
By Country
- The UAE
- Saudi Arabia
- Oman
- Egypt
- Turkey
- South Africa
Middle East & Africa Green Ammonia Market Recent Development:
- 2022: In Egypt, the European Bank for Reconstruction & Development announced to provide a loan of USD80 million to Egypt Green for the production of green hydrogen & from that to produce green ammonia. The ammonia produced from this facility would be used to serve domestic as well as the international demand.
GKey Questions Addressed in This Study
- What are the primary factors driving the growth of the Middle East & Africa Green Ammonia Market?
- How is the Middle East & Africa Green Ammonia Market expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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