• 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

    South America Green Ammonia Market

    ID: MRFR/CnM/47991-HCR
    111 Pages
    Chitranshi Jaiswal
    September 2025

    South America Green Ammonia Market Research Report By Technology (lkaline Water Electrolysis, Proton Exchange Membrane Electrolysis, Solid Oxide Electrolysis), By Application (Power Generation, Transportation, Industrial Feedstocks) and By Regional (Brazil, Mexico, Argentina, Rest of South America) - 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.

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

    South America Green Ammonia Market Summary

    The South America Green Ammonia market is poised for substantial growth, projected to reach 2500 USD Million by 2035 from a base of 500 USD Million in 2024.

    Key Market Trends & Highlights

    South America Green Ammonia Key Trends and Highlights

    • The market is expected to grow from 500 USD Million in 2024 to 2500 USD Million by 2035.
    • A compound annual growth rate (CAGR) of 15.76 percent is anticipated from 2025 to 2035.
    • The increasing demand for sustainable energy solutions is likely to drive market expansion in the region.
    • Growing adoption of green ammonia technology due to environmental regulations is a major market driver.

    Market Size & Forecast

    2024 Market Size 500 (USD Million)
    2035 Market Size 2500 (USD Million)
    CAGR (2025 - 2035) 15.76%

    Major Players

    Petrobras (BR), Vale (BR), Itaú Unibanco (BR), Banco do Brasil (BR), Ambev (BR), Grupo Bimbo (BR), Cemex (MX), ArcelorMittal (BR), Telefónica (ES), LATAM Airlines (CL)

    South America Green Ammonia Market Trends

    From an opportunity standpoint, South America is well located to be a significant exporter of green ammonia because of its geographic benefits and access to global shipping routes.

    Particularly in markets with strong carbon reduction goals, this situation creates possibilities for alliances between local producers and foreign purchasers. The agricultural industry in South America, which depends mostly on ammonia for fertilizers, offers even more possibilities for using green ammonia as a more sustainable substitute, hence improving crop production while reducing environmental effects. Recent trends show growing interest in research projects and pilot programs concentrating on green ammonia generation and its uses. Regional nations are working with universities and private companies to create and improve innovative technologies that improve manufacturing process efficiency.

    There is also growing knowledge of green ammonia's possibilities beyond fertilizers, including in transportation and energy storage, which expands its application range throughout South America. Environmental legislation, investments, and technical developments working together are creating a hopeful future for the green ammonia industry in South America.

    Market Segment Insights

    Green Ammonia Market Technology Insights

    The Technology segment of the South America Green Ammonia Market has witnessed significant attention and innovation in recent years, highlighting various electrolysis methods that play a crucial role in green ammonia production. Alkaline Water Electrolysis stands out as a prominent technology due to its maturity and effectiveness, thus dominating a substantial share of the market. This technology leverages alkaline electrolytes to separate water into hydrogen and oxygen, making it a cost-effective choice, especially in regions abundant in renewable sources of electricity.

    Similarly, Proton Exchange Membrane Electrolysis is gaining traction owing to its high efficiency and compact design, which streamlines the process of hydrogen production, vital for green ammonia synthesis. This technology is particularly beneficial in urban areas where space constraints are prevalent. Last but not least, Solid Oxide Electrolysis is emerging as a transformative approach with the capability to operate at higher temperatures. This enables the utilization of waste heat, enhancing overall energy efficiency and reducing operational costs.

    The South America Green Ammonia Market is witnessing robust growth driven by a surge in demand for sustainable and eco-friendly fuels, with these electrolysis technologies providing the backbone for achieving emission-reduction targets. Each of these methods contributes uniquely to the market's dynamics, complementing the region's push towards renewable energy sources, aligning with governmental initiatives aimed at promoting clean energy solutions in South America. Overall, the advancement in these technologies signifies an optimistic growth trajectory for the green ammonia sector, as stakeholders are encouraged to invest in innovative solutions that embrace environmental sustainability and energy efficiency.

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

    Green Ammonia Market Application Insights

    The South America Green Ammonia Market, particularly in the Application segment, showcases promising potential across various sectors such as Power Generation, Transportation, and Industrial Feedstocks. The region's abundant renewable energy resources, including wind and solar, are driving the adoption of green ammonia for power generation, which acts as a clean energy carrier. In the transportation sector, green ammonia is gaining traction as a sustainable fuel alternative, addressing the growing demand for decarbonization and energy diversification. The Industrial Feedstocks application leverages green ammonia as a key input for producing hydrogen, fertilizers, and other chemicals, thereby enhancing sustainability within traditional industries.

    As countries in South America focus on energy transition and aligning with global environmental goals, the significance of these applications is expected to grow, supporting market development. With government initiatives promoting sustainable practices and investment in renewable infrastructure, the South America Green Ammonia Market is poised for significant advancements, attracted by opportunities that enhance energy security and reduce emissions. The segmentation clearly reflects the industry's drive towards innovation and efficiency, addressing both climate change challenges and economic growth in the region.

    Get more detailed insights about South America Green Ammonia Market Research Report - Forecast 2035

    Regional Insights

    The South America Green Ammonia Market is experiencing significant interest due to the region's strong commitment to renewable energy sources and sustainable practices. Brazil plays a pivotal role in this landscape, driven by its vast agricultural sector and need for green fertilizers, which enhances the importance of green ammonia in supporting food security and environmental sustainability. Similarly, Mexico is emerging as a crucial player, with various governmental initiatives promoting cleaner energy sources and reducing carbon footprints, further fueling the demand for green ammonia technologies.

    Argentine developments in renewable energy, particularly wind and solar power, provide a solid foundation for producing green ammonia, aligning with the country's goals for energy independence and cleaner industries. The Rest of South America also shows potential, with various countries exploring green ammonia's application in energy storage and transportation fuels, which aligns with global trends towards decarbonization. This diversification within the regional market indicates a collective effort to leverage abundant natural resources, driving the growth and adoption of green ammonia as a versatile and sustainable energy carrier across South America.

    South America Green Ammonia Market Regional

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

    Key Players and Competitive Insights

    The South America Green Ammonia Market is witnessing significant growth driven by increasing global demand for sustainable and environmentally friendly agricultural practices alongside a consistent shift towards renewable energy sources. Various factors contribute to the competitive landscape, including technological advancements, government incentives aimed at promoting green innovations, and the rising awareness of carbon emissions associated with traditional ammonia production methods. This market is seeing new entrants and established players intensifying their operations in response to the increasing potential for green ammonia, as it could serve as a key component in decarbonizing various industries while also providing energy storage solutions.

    Understanding the competitive dynamics becomes essential for stakeholders seeking to capitalize on emerging opportunities within this sector. Nutrien has carved a substantial presence in the South American Green Ammonia Market, leveraging its core strengths in agricultural solutions. The company’s extensive experience and well-established distribution networks provide a solid foundation for developing and promoting green ammonia initiatives in the region. Nutrien’s commitment to sustainable agriculture enhances its market proposition, allowing it to align with global trends shifting towards environmentally responsible farming practices.

    Furthermore, its investment in research and development aimed at optimizing ammonia production aligns closely with the region’s agricultural needs and sustainability goals. As a result, Nutrien is well-positioned to capitalize on the growing demand for green ammonia while supporting farmers in improving their productivity with eco-friendly solutions. CF Industries is another pivotal player in the South America Green Ammonia Market, showcasing a robust portfolio of products and services tailored to meet the needs of local agriculture and energy sectors. The company emphasizes innovation in its ammonia production processes, which is underpinned by its technological leadership in nitrogen products.

    CF Industries aims to integrate its operational expertise with market demands for greener solutions, fostering synergies that enhance its competitive edge. The company's strategic initiatives may also include partnerships and collaborations within the region, allowing for greater access to resources and distribution channels. The emphasis on sustainability within its operational framework positions CF Industries favorably in the South America market, presenting opportunities to expand its footprint while contributing to the overarching goal of reducing carbon emissions in ammonia synthesis.

    Key Companies in the South America Green Ammonia Market market include

    Industry Developments

    In recent months, the South America Green Ammonia Market has witnessed significant developments, particularly with companies like Uniper and Engie taking steps to enhance production capacities with an emphasis on sustainability. Yara International announced in August 2023 a partnership aimed at developing a green ammonia production facility in Brazil, a project expected to support local agriculture and export opportunities. Nutrien has also been involved in expanding its operations in South America, focusing on innovation in ammonia production amid rising demand for sustainable fertilizers.

    In terms of market valuation, the South American Green Ammonia sector saw a notable rise in investment, particularly driven by international interest from companies like Air Products and Chemicals and CF Industries. Recent mergers and acquisitions include an agreement in September 2023 between Iberdrola and a regional company to leverage renewable energy sources for green ammonia production. Additionally, the region is increasingly prioritized by major energy firms, such as Occidental Petroleum and Nel ASA, which seek to capitalize on the growing shifts toward green hydrogen and ammonia technologies.

    Key developments from prior years, including a landmark project initiated by ACWA Power in 2022 in Chile, set the stage for ongoing growth and innovation in the market.

    Market Segmentation

    Green Ammonia Market Regional Outlook

    • Brazil
    • Mexico
    • Argentina
    • Rest of South Americ

    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 Details
    Market Size 2023 90.49(USD Million)
    Market Size 2024 156.98(USD Million)
    Market Size 2035 67201.76(USD Million)
    Compound Annual Growth Rate (CAGR) 73.472% (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 Nutrien, CF Industries, Uniper, Air Products and Chemicals, Yara International, Engie, Siemens Energy, ACWA Power, Iberdrola, SABIC, Occidental Petroleum, Nel ASA, RWE, Enel Green Power, HollyFrontier
    Segments Covered Technology, Application, Regional
    Key Market Opportunities Renewable energy integration, Agriculture fertilizer demand, Hydrogen economy development, Export potential to Europe, Government subsidies and incentives
    Key Market Dynamics growing renewable energy investments, increasing fertilizer demand, government sustainability initiatives, transportation and storage advancements, rising hydrogen production technologies
    Countries Covered Brazil, Mexico, Argentina, Rest of South America

    FAQs

    What is the expected market size of the South America Green Ammonia Market in 2024?

    The South America Green Ammonia Market is expected to be valued at approximately 156.98 million USD in 2024.

    What will be the growth rate of the South America Green Ammonia Market from 2025 to 2035?

    The market is anticipated to grow at a remarkable CAGR of 73.472% from 2025 to 2035.

    What is the projected market size for South America Green Ammonia in 2035?

    By 2035, the market is projected to reach around 67201.76 million USD.

    Which region is expected to dominate the South America Green Ammonia Market?

    Brazil is expected to have the largest market share, with an estimated value of 13000.0 million USD by 2035.

    What are the expected market sizes for different technologies in green ammonia by 2035?

    By 2035, Alkaline Water Electrolysis is expected to reach 28601.0 million USD, Proton Exchange Membrane Electrolysis is expected to be 20900.0 million USD, and Solid Oxide Electrolysis is projected at 17700.76 million USD.

    Who are the key players in the South America Green Ammonia Market?

    Major players in the market include Nutrien, CF Industries, Uniper, and Air Products and Chemicals among others.

    What is the market size for Argentina in the South America Green Ammonia Market by 2035?

    Argentina's market size is projected to be approximately 9300.0 million USD by 2035.

    What trends are driving growth in the South America Green Ammonia Market?

    Rising demand for sustainable energy sources and advancements in electrolysis technologies are driving growth in this market.

    What will be the market size for Mexico in the South America Green Ammonia Market by 2035?

    The market for Mexico is expected to reach around 11200.0 million USD by 2035.

    What challenges could impact the South America Green Ammonia Market in the coming years?

    Challenges may include regulatory hurdles and high initial costs associated with technology implementation.

    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