Green Ammonia Market is Expected to reach USD 20.18 Billion by 2033 With Growing CAGR 70%

Green Ammonia Market Outlook 2033:
Green Ammonia Market Demand will be valued at USD 290 million by 2023 and is projected to grow at a rate of 70% CAGR from 2024 to 2033, reaching a forecast value of USD 20.18 billion by 2033. Green ammonia is produced by electrolyzing hydrogen in water with renewable energy sources like solar, wind, and hydropower. Agricultural, energy storage, and marine industries are just a few of the businesses that employ green ammonia.The production of green ammonia possesses the capability to mitigate greenhouse gas emissions while concurrently offering a sustainable energy source for many uses, such as chemical feedstock, fertilizer for agriculture, and transportation fuel.

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