• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor

    India Green Ammonia Market

    ID: MRFR/CnM/46468-HCR
    111 Pages
    Chitranshi Jaiswal
    September 2025

    India Green Ammonia Market Research Report: By Technology (lkaline Water Electrolysis, Proton Exchange Membrane Electrolysis, Solid Oxide Electrolysis) andBy Application (Power Generation, Transportation, Industrial Feedstocks)- Forecast to 2035

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    India Green Ammonia Market Research Report- Forecast to 2035 Infographic
    Purchase Options
    $ 4,950.0
    $ 5,950.0
    $ 7,250.0

    India Green Ammonia Market Summary

    The India Green Ammonia market is poised for substantial growth, with a projected valuation increase from 94.2 USD Million in 2024 to 4199.8 USD Million by 2035.

    Key Market Trends & Highlights

    India Green Ammonia Key Trends and Highlights

    • The market is expected to grow at a remarkable CAGR of 41.23% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach approximately 4199.8 USD Million, indicating a robust expansion.
    • In 2024, the market is valued at 94.2 USD Million, reflecting the nascent stage of the industry.
    • Growing adoption of green ammonia technology due to increasing environmental regulations is a major market driver.

    Market Size & Forecast

    2024 Market Size 94.2 (USD Million)
    2035 Market Size 4199.8 (USD Million)
    CAGR (2025-2035) 41.23%

    Major Players

    Uttar Pradesh Power Corporation, Reliance Industries, Bharat Petroleum, ONGC, GAIL India, Air Products, Indian Oil Corporation, Tata Chemicals, SABIC, Siemens Gamesa Renewable Energy, JSW Energy, NTPC Limited, Hindustan Petroleum, Larsen and Toubro, Adani Group

    India Green Ammonia Market Trends

    Particularly in the transportation and agricultural industries, there is increasing interest in utilizing green ammonia as a clean fuel for many purposes.Investment in infrastructure for green ammonia production and storage facilities is one opportunity to be investigated in this industry. The growing need for cleaner alternatives in industrial processes offers a chance for companies to create and grow. Projects to work with business leaders and research institutes are encouraging the development of effective manufacturing methods, hence enabling the green ammonia market for newcomers.

    Trends in recent decades show a movement toward including green ammonia in supply chains as businesses try to improve sustainability. Reflecting a cooperative effort to satisfy India's rising energy demands while following environmental criteria, some Indian businesses are starting to investigate alliances centred on the commercial manufacture of green ammonia.India is also positioning itself as a major participant in the worldwide green ammonia industry as international attention on the hydrogen economy grows. It hopes to enable exports while meeting local needs.

    Market Segment Insights

    Green Ammonia Market Technology Insights

    The India Green Ammonia Market, particularly in the Technology segment, showcases a dynamic landscape characterized by innovative approaches to sustainable ammonia production. Within this framework, the methods of electrolyzing water to produce green hydrogen are pivotal, contributing significantly to the advancements in this sector.

    Alkaline Water Electrolysis represents one of the longest-established techniques, utilizing alkaline solutions to facilitate the electrolysis reaction, and is known for its efficiency and maturity in large-scale applications.This method holds a substantial share in the production processes, largely due to its established infrastructure and operational reliability, making it a familiar choice for companies transitioning to greener practices. Meanwhile, Proton Exchange Membrane (PEM) Electrolysis offers a more compact and flexible solution that employs solid polymer electrolytes, enabling faster response rates and higher operational efficiencies.

    This technology is gaining traction in India as it seamlessly integrates with renewable energy sources such as solar and wind power, providing a cleaner alternative to traditional ammonia production.Solid Oxide Electrolysis is another emerging technology, characterized by its ability to operate at high temperatures, leading to lower energy requirements compared to other methods. As India aims to enhance its energy security and reduce greenhouse gas emissions, these technologies present significant opportunities for innovation and growth within the India Green Ammonia Market.

    The increasing government focus on renewable energy policies further bolsters the development of these electrolysis technologies, fostering a favorable environment for investment and Research and Development.With the aim to establish a sustainable ammonia production landscape, the market is evolving rapidly, indicating a robust commitment to achieving carbon neutrality and leveraging the unique attributes of each electrolysis technology. Thus, the Technology segment not only drives the performance of the India Green Ammonia Market but also plays an influential role in shaping India's energy future, cementing its relevance to both industry stakeholders and governmental agendas focused on modernization and sustainability.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Green Ammonia Market Application Insights

    The Application segment of the India Green Ammonia Market is witnessing notable developments, driven by increasing demand for sustainable energy sources. Power Generation is becoming a focal point as Green Ammonia offers a cleaner alternative for generating electricity, aligning with India's goal to enhance renewable energy capacity. This segment plays a pivotal role in transitioning away from fossil fuels to support energy security and reduce carbon emissions.

    Meanwhile, in Transportation, Green Ammonia is emerging as a viable fuel option, particularly for shipping, which significantly contributes to global emissions.This shift not only aids in decarbonizing the transport sector but also aligns with India's commitment to international climate goals. Furthermore, the use of Green Ammonia as an Industrial Feedstock is gaining traction for manufacturing fertilizers and other chemicals, essential for boosting agricultural productivity. This perspective signifies a robust growth trajectory in the sector, supported by investments in infrastructure and favorable government policies aimed at promoting Green Ammonia utilization.

    Overall, these applications reflect a strategic shift towards sustainable practices in India, reinforcing the country’s focus on enhancing energy efficiency and reducing environmental impact across multiple sectors.

    Get more detailed insights about India Green Ammonia Market Research Report- Forecast to 2035

    Key Players and Competitive Insights

    The India Green Ammonia Market is witnessing dynamic growth driven by the push towards sustainable energy sources and the reduction of carbon footprints across various industries. As nations increasingly adopt green technologies to combat climate issues, the competitive landscape for green ammonia has become significantly active. Market players are focused on innovative solutions to enhance production efficiency and reduce costs, which positions them favorably against traditional ammonia production methods that heavily rely on fossil fuels.

    The niche is being shaped by an amalgamation of startups and established corporations aiming to harness the potential of green hydrogen technology, legislative frameworks backing cleaner alternatives, and collaborative efforts between public and private sectors to achieve net-zero targets. Uttar Pradesh Power Corporation has carved out a noteworthy position within the India Green Ammonia Market, leveraging its resources and infrastructure for innovation in the renewable energy sector. The company's emphasis on integrating green ammonia as a key element in decarbonization strategies speaks to its commitment to sustainable energy initiatives.

    Another notable strength of Uttar Pradesh Power Corporation is its extensive grid and energy distribution capabilities, which provides an inherent advantage in enabling the wider adoption of green ammonia solutions in various applications. By aligning its operational focuses with governmental policies promoting renewable energy, Uttar Pradesh Power Corporation not only solidifies its standing in the market but showcases its potential for driving impactful changes in energy practices throughout India.Reliance Industries represents a formidable player in the India Green Ammonia Market, aligning its strategic initiatives with the ongoing transition towards cleaner energy.

    The company focuses on synthesizing green ammonia primarily through renewable energy sources, thereby reducing the reliance on carbon-intensive methods. Noteworthy is Reliance's investments in advanced technologies that enable them to produce green ammonia at scale, which enhances their operational efficacy and market presence. The company also emphasizes strategic partnerships and potential mergers to expand its footprint in the green ammonia sector, positioning itself as a leader in innovative energy solutions. Additionally, Reliance Industries has developed specific services tied to green ammonia, promoting its use in agriculture and energy storage, thus broadening its application scope in the Indian market.

    Through its rigorous commitment to sustainability and strategic investments, Reliance demonstrates significant potential to shape the landscape of green ammonia within India effectively.

    Key Companies in the India Green Ammonia Market market include

    Industry Developments

    The India Green Ammonia Market has witnessed significant developments recently, positioning itself as a critical player in the country’s energy transition. In October 2023, the Indian Oil Corporation announced plans to invest in producing green ammonia as part of its long-term sustainability strategy, aligning with government policies aimed at reducing carbon emissions. Reliance Industries is exploring partnerships to accelerate green ammonia production and enhance hydrogen fuel initiatives. Additionally, Tata Chemicals has started developing green ammonia production facilities to strengthen its position in the renewable energy sector.

    Recent shifts in the market include substantial growth in company valuations, with firms like GAIL India and NTPC Limited increasing investment towards green technologies. Furthermore, in September 2023, Air Products expanded its portfolio in India by partnering with local firms to establish green ammonia production plants aimed at aiding industrial decarbonization. Mergers and acquisitions have also been a part of this evolving landscape, with notable moves in recent months that reflect increasing interest in green ammonia technologies among major energy players like Adani Group and Siemens Gamesa Renewable Energy.

    These developments collectively indicate a robust future for green ammonia in India.

    Market Segmentation

    Outlook

    • Power Generation
    • Transportation
    • Industrial Feedstocks

    Green Ammonia Market Technology Outlook

    • lkaline Water Electrolysis
    • Proton Exchange Membrane Electrolysis
    • Solid Oxide Electrolysis

    Green Ammonia Market Application Outlook

    • Power Generation
    • Transportation
    • Industrial Feedstocks

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 54.29(USD Million)
    MARKET SIZE 2024 94.19(USD Million)
    MARKET SIZE 2035 4199.8(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 41.231% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Uttar Pradesh Power Corporation, Reliance Industries, Bharat Petroleum, ONGC, GAIL India, Air Products, Indian Oil Corporation, Tata Chemicals, SABIC, Siemens Gamesa Renewable Energy, JSW Energy, NTPC Limited, Hindustan Petroleum, Larsen and Toubro, Adani Group
    SEGMENTS COVERED Technology, Application
    KEY MARKET OPPORTUNITIES Renewable energy integration, Fertilizer production innovation, Export potential to OECD countries, Carbon reduction initiatives, Industrial decarbonization efforts
    KEY MARKET DYNAMICS Government policies supporting sustainability, Rapid growth in renewable energy, Increasing demand for fertilizers, Technological advancements in production, Rising investments from private sector
    COUNTRIES COVERED India

    FAQs

    What is the projected market size of the India Green Ammonia Market in 2024?

    The India Green Ammonia Market is expected to be valued at 94.19 million USD in 2024.

    What is the projected market size of the India Green Ammonia Market in 2035?

    By 2035, the market is expected to reach a value of 4,199.8 million USD.

    What is the expected compound annual growth rate (CAGR) for the India Green Ammonia Market from 2025 to 2035?

    The market is anticipated to grow at a CAGR of 41.231% from 2025 to 2035.

    Which technology segment of the India Green Ammonia Market is expected to have the highest growth?

    The Proton Exchange Membrane Electrolysis segment is projected to grow significantly, valued at 1,680 million USD by 2035.

    What are the expected values for Alkaline Water Electrolysis in 2024 and 2035?

    This technology segment is valued at 30.0 million USD in 2024 and is expected to reach 1,260 million USD by 2035.

    Who are the key players in the India Green Ammonia Market?

    Major players include Reliance Industries, Bharat Petroleum, and Indian Oil Corporation, among others.

    What is the market value of Solid Oxide Electrolysis in 2024 and 2035?

    Solid Oxide Electrolysis is valued at 28.19 million USD in 2024 and is expected to grow to 1,259.8 million USD by 2035.

    What are the primary applications driving the demand in the India Green Ammonia Market?

    The applications primarily include fertilizer production and as a hydrogen carrier for energy storage.

    What challenges does the India Green Ammonia Market face?

    Challenges include the high cost of production technologies and the need for supportive government policies.

    How is the India Green Ammonia Market expected to develop in terms of regional growth?

    The market is anticipated to see substantial growth across various Indian states, driven by investments in renewable energy projects.

    Report Infographic
    Free Sample Request

    Kindly complete the form below to receive a free sample of this Report

    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Victoria Milne Founder
    Case Study

    Chemicals and Materials