Ammonia market to triple by 2050 with nearly all growth coming from low-carbon supply; shift to energy markets
Green Car Congress
JULY 12, 2023
The global market for ammonia is poised to triple in the coming decades with nearly all of the growth coming from low-carbon ammonia, according to a new analysis by S&P Global Commodity Insights. S&P Global Commodity Insights expects global trade of ammonia to increase nearly ten times over by 2050 (160 million metric tons) as a result.
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