North America Green Ammonia Market - [2032] Growth, Trends & Forecast
The North America Green Ammonia Market is anticipated to project robust growth in the forecast period with a CAGR of 37.47% and is expected to reach USD 1591.83 Million by 2032. Green ammonia production entails the creation of ammonia through entirely renewable and carbon-free processes. This remarkable substance finds a multitude of applications due to its unique properties, including the ability to be stored at ultra-low temperatures, as low as -33°C, or in substantial quantities as a liquid under minimal pressures, typically around 10–15 bar. Notably, green ammonia is heralded as a zero-carbon fuel, suitable for combustion in engines or utilization in fuel cells to generate electricity. Moreover, it serves as a green hydrogen carrier, facilitating the storage and transportation of clean hydrogen, a critical component in the renewable energy landscape. The significance of green ammonia extends to addressing pressing global challenges, including food security for a...