A quick peek into the report
Table of Contents
1.1 Supply Chain Analysis
1.2 Impact of COVID-19 on the Ammonia Crackers Market
2.1 Global Overview
2.2 Europe
2.2.1 Market
2.2.1.1 Key Producers and Suppliers in Europe
2.2.1.2 Business Drivers
2.2.1.3 Business Challenges
2.2.2 Application
2.2.2.1 Europe Ammonia Crackers Market (by End User), Volume and Value Data
2.2.3 Product
2.2.3.1 Europe Ammonia Crackers Market (by Cracker Type), Volume and Value Data
2.2.3.2 Europe Ammonia Crackers Market (by Capacity), Volume and Value Data
2.2.4 Europe (by Country)
2.2.4.1 Germany
2.2.4.1.1 Market
2.2.4.1.2 Application
2.2.4.1.2.1 Germany Ammonia Crackers Market (by End User), Volume and Value Data
2.2.4.1.3 Product
2.2.4.1.3.1 Germany Ammonia Crackers Market (by Cracker Type), Volume and Value Data
2.2.4.1.3.2 Germany Ammonia Crackers Market (by Capacity), Volume and Value Data
2.2.4.2 France
2.2.4.2.1 Market
2.2.4.2.2 Application
2.2.4.2.2.1 France Ammonia Crackers Market (by End User), Volume and Value Data
2.2.4.2.3 Product
2.2.4.2.3.1 France Ammonia Crackers Market (by Cracker Type), Volume and Value Data
2.2.4.2.3.2 France Ammonia Crackers Market (by Capacity), Volume and Value Data
2.2.4.3 Italy
2.2.4.3.1 Market
2.2.4.3.2 Application
2.2.4.3.2.1 Italy Ammonia Crackers Market (by End User), Volume and Value Data
2.2.4.3.3 Product
2.2.4.3.3.1 Italy Ammonia Crackers Market (by Cracker Type), Volume and Value Data
2.2.4.3.3.2 Italy Ammonia Crackers Market (by Capacity), Volume and Value Data
2.2.4.4 Spain
2.2.4.4.1 Market
2.2.4.4.2 Application
2.2.4.4.2.1 Spain Ammonia Crackers Market (by End User), Volume and Value Data
2.2.4.4.3 Product
2.2.4.4.3.1 Spain Ammonia Crackers Market (by Cracker Type), Volume and Value Data
2.2.4.4.3.2 Spain Ammonia Crackers Market (by Capacity), Volume and Value Data
2.2.4.5 Russia
2.2.4.5.1 Market
2.2.4.5.2 Application
2.2.4.5.2.1 Russia Ammonia Crackers Market (by End User), Volume and Value Data
2.2.4.5.3 Product
2.2.4.5.3.1 Russia Ammonia Crackers Market (by Cracker Type), Volume and Value Data
2.2.4.5.3.2 Russia Ammonia Crackers Market (by Capacity), Volume and Value Data
2.2.4.6 Rest-of-Europe
2.2.4.6.1 Market
2.2.4.6.2 Application
2.2.4.6.2.1 Rest-of-Europe Ammonia Crackers Market (by End User), Volume and Value Data
2.2.4.6.3 Product
2.2.4.6.3.1 Rest-of-Europe Ammonia Crackers Market (by Cracker Type), Volume and Value Data
2.2.4.6.3.2 Rest-of-Europe Ammonia Crackers Market (by Capacity), Volume and Value Data
3.1 Competitive Benchmarking
3.1.1 Competitive Position Matrix
3.1.2 Product Matrix of Key Companies (by Capacity)
3.1.3 Market Share Analysis of Key Companies, 2022
3.2 Company Profiles
3.2.1 Haldor Topsoe A/S
3.2.1.1 Company Overview
3.2.1.1.1 Role of Haldor Topsoe A/S in the Ammonia Crackers Market
3.2.1.1.2 Product Portfolio
3.2.1.2 R&D Analysis
3.2.1.3 Analyst View
3.2.2 Siemens Energy
3.2.2.1 Company Overview
3.2.2.1.1 Role of Siemens Energy in the Ammonia Crackers Market
3.2.2.1.2 Product Portfolio
3.2.2.2 Business Strategies
3.2.2.2.1 Market Developments and Product Developments
3.2.2.3 R&D Analysis
3.2.2.4 Analyst View
3.2.3 KBR Inc.
3.2.3.1 Company Overview
3.2.3.1.1 Role of KBR Inc. in the Ammonia Crackers Market
3.2.3.1.2 Product Portfolio
3.2.3.2 Analyst View
3.2.4 Air Liquide
3.2.4.1 Company Overview
3.2.4.1.1 Role of Air Liquide in the Ammonia Crackers Market
3.2.4.1.2 Product Portfolio
3.2.4.2 Business Strategies
3.2.4.2.1 Market Developments and Product Developments
3.2.4.3 R&D Analysis
3.2.4.4 Analyst View
3.2.5 thyssenkrupp AG
3.2.5.1 Company Overview
3.2.5.1.1 Role of thyssenkrupp AG in the Ammonia Crackers Market
3.2.5.1.2 Product Portfolio
3.2.5.2 Corporate Strategies
3.2.5.2.1 Mergers and Acquisitions, Partnerships, Collaborations, and Joint Ventures
3.2.5.3 R&D Analysis
3.2.5.4 Analyst View
3.2.6 Duiker Combustion Engineers
3.2.6.1 Company Overview
3.2.6.1.1 Role of Duiker Combustion Engineers in the Ammonia Crackers Market
3.2.6.1.2 Product Portfolio
3.2.6.2 Analyst View
3.2.7 Borel Swiss
3.2.7.1 Company Overview
3.2.7.1.1 Role of Borel Swiss in the Ammonia Crackers Market
3.2.7.1.2 Product Portfolio
3.2.7.1.3 Production Sites
3.2.7.2 Analyst View
4.1 Primary Data Sources
4.2 BIS Data Sources
4.3 Assumptions and Limitations
Table 1: Global Ammonia Crackers Market (by Region), Kilotons, 2022-2032
Table 2: Global Ammonia Crackers Market (by Region), $Million, 2022-2032
Table 3: Europe Ammonia Crackers Market (by End User), Kilotons, 2022-2032
Table 4: Europe Ammonia Crackers Market (by End User), $Million, 2022-2032
Table 5: Europe Ammonia Crackers Market (by Cracker Type), Kilotons, 2022-2032
Table 6: Europe Ammonia Crackers Market (by Cracker Type), $Million, 2022-2032
Table 7: Europe Ammonia Crackers Market (by Capacity), Kilotons, 2022-2032
Table 8: Europe Ammonia Crackers Market (by Capacity), $Million, 2022-2032
Table 9: Germany Ammonia Crackers Market (by End User), Kilotons, 2022-2032
Table 10: Germany Ammonia Crackers Market (by End User), $Million, 2022-2032
Table 11: Germany Ammonia Crackers Market (by Cracker Type), Kilotons, 2022-2032
Table 12: Germany Ammonia Crackers Market (by Cracker Type), $Million, 2022-2032
Table 13: Germany Ammonia Crackers Market (by Capacity), Kilotons, 2022-2032
Table 14: Germany Ammonia Crackers Market (by Capacity), $Million, 2022-2032
Table 15: France Ammonia Crackers Market (by End User), Kilotons, 2022-2032
Table 16: France Ammonia Crackers Market (by End User), $Million, 2022-2032
Table 17: France Ammonia Crackers Market (by Cracker Type), Kilotons, 2022-2032
Table 18: France Ammonia Crackers Market (by Cracker Type), $Million, 2022-2032
Table 19: France Ammonia Crackers Market (by Capacity), Kilotons, 2022-2032
Table 20: France Ammonia Crackers Market (by Capacity), $Million, 2022-2032
Table 21: Italy Ammonia Crackers Market (by End User), Kilotons, 2022-2032
Table 22: Italy Ammonia Crackers Market (by End User), $Million, 2022-2032
Table 23: Italy Ammonia Crackers Market (by Cracker Type), Kilotons, 2022-2032
Table 24: Italy Ammonia Crackers Market (by Cracker Type), $Million, 2022-2032
Table 25: Italy Ammonia Crackers Market (by Capacity), Kilotons, 2022-2032
Table 26: Italy Ammonia Crackers Market (by Capacity), $Million, 2022-2032
Table 27: Spain Ammonia Crackers Market (by End User), Kilotons, 2022-2032
Table 28: Spain Ammonia Crackers Market (by End User), $Million, 2022-2032
Table 29: Spain Ammonia Crackers Market (by Cracker Type), Kilotons, 2022-2032
Table 30: Spain Ammonia Crackers Market (by Cracker Type), $Million, 2022-2032
Table 31: Spain Ammonia Crackers Market (by Capacity), Kilotons, 2022-2032
Table 32: Spain Ammonia Crackers Market (by Capacity), $Million, 2022-2032
Table 33: Russia Ammonia Crackers Market (by End User), Kilotons, 2022-2032
Table 34: Russia Ammonia Crackers Market (by End User), $Million, 2022-2032
Table 35: Russia Ammonia Crackers Market (by Cracker Type), Kilotons, 2022-2032
Table 36: Russia Ammonia Crackers Market (by Cracker Type), $Million, 2022-2032
Table 37: Russia Ammonia Crackers Market (by Capacity), Kilotons, 2022-2032
Table 38: Russia Ammonia Crackers Market (by Capacity), $Million, 2022-2032
Table 39: Rest-of-Europe Ammonia Crackers Market (by End User), Kilotons, 2022-2032
Table 40: Rest-of-Europe Ammonia Crackers Market (by End User), $Million, 2022-2032
Table 41: Rest-of-Europe Ammonia Crackers Market (by Cracker Type), Kilotons, 2022-2032
Table 42: Rest-of-Europe Ammonia Crackers Market (by Cracker Type), $Million, 2022-2032
Table 43: Rest-of-Europe Ammonia Crackers Market (by Capacity), Kilotons, 2022-2032
Table 44: Rest-of-Europe Ammonia Crackers Market (by Capacity), $Million, 2022-2032
Table 45: Product Matrix of Key Companies (by Capacity)
Table 46: Market Shares of Key Companies, 2022
Figure 1: Supply Chain Analysis of the Ammonia Crackers Market
Figure 2: Flow Chart of Ammonia Crackers (by Cracker Type)
Figure 3: Global Automotive Production Units, 2019-2021
Figure 4: Research Methodology
Figure 5: Top-Down and Bottom-Up Approach
Figure 6: Ammonia Crackers Market: Influencing Factors
Figure 7: Assumptions and Limitations
Europe Ammonia Crackers Market Report Coverage
Europe Ammonia Crackers Market |
|||
Base Year |
2022 |
Market Size in 2022 |
$54.40 Million |
Forecast Period |
2023-2032 |
Value Projection and Estimation by 2032 |
$415.61 Million |
CAGR During Forecast Period |
24.9% |
Key Players in the Spotlight
Amid this remarkable journey of growth and transformation, key players are shaping the industry landscape:
• Haldor Topsoe A/S
• Siemens Energy
• KBR Inc.
• Air Liquide
• thyssenkrupp AG
• Duiker Combustion Engineers
As the European ammonia crackers market embarks on an unprecedented growth trajectory, these industry leaders are spearheading innovation and driving the sector's evolution.
How can this report add value to an organization?
Product/Innovation Strategy: The product segment helps the reader understand the different cracker types and capacities involved in the europe ammonia crackers market. The cracker type segment has been segmented into centralized and decentralized. The capacity segment has been segmented into small scale (<250 Nm3/hr), medium scale (250-1,000 Nm3/hr) and large scale (>1,000 Nm3/hr). Moreover, the study provides the reader with a detailed understanding of the europe ammonia crackers market based on end user, including heat treatment, metal industry, oil and gas, power generation, mobility, and others.
Competitive Strategy: Key players in the europe ammonia crackers market analyzed and profiled in the study involve ammonia cracker producers and the overall ecosystem. Moreover, a detailed competitive benchmarking of the players operating in the europe ammonia crackers market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, acquisitions, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
Europe Ammonia Crackers Industry: Riding the Growth Wave
The Europe ammonia crackers market is on a meteoric rise, poised to surge to $415.61 million by 2032 from its 2022 position at $54.40 million. This remarkable growth is steered by an impressive compound annual growth rate (CAGR) of 24.9% forecasted during the period spanning from 2023 to 2032.
Europe, a region brimming with developed and emerging economies, boasts a dynamic landscape that includes economic powerhouses such as Germany, France, Spain, Italy, Russia, and the Rest-of-Europe. The pressing demand for ammonia crackers in the region has witnessed a significant upswing. This growth can be attributed to the rapid expansion of Europe's end-use industries, with major contributions coming from the transportation, power generation, and metal sectors, among others. Europe, as a market for ammonia crackers, ranks prominently, driven by ongoing developments and project announcements within the region.
Market in Transition
The ammonia crackers market exhibits different stages of development, with small-scale ammonia crackers at the mature stage, while large-scale counterparts are in the midst of evolving. This thriving ecosystem comprises primary ammonia cracker manufacturers, green hydrogen and green ammonia producers, technology providers, and end-users. The market remains in its evolutionary phase, with Asia-Pacific and Europe taking the lead. These regions are followed closely by North America, China, Rest-of-the-World, and the U.K., all contributing to the global growth and innovation in this sector.
Delving into Market Dynamics
Breaking down the market, we find various segmentation components:
Segmentation 1: by End User
• Heat Treatment
• Metal Industry
• Oil and Gas
• Power Generation
• Mobility
• Others
The ammonia crackers market draws vitality from diverse sectors that rely on its essential functions. These include heat treatment, metal industry, oil and gas, power generation, mobility, and various other applications.
Segmentation 2: by Cracker Type
• Centralized
• Decentralized
In the realm of ammonia crackers, the decentralized segment is set to lead the way in the European market during the forecast period from 2023 to 2032.
Segmentation 3: by Capacity
• Small Scale (<250 Nm3/hr)
• Medium Scale (250-1,000 Nm3/hr)
• Large Scale (>1,000 Nm3/hr)
The European market for ammonia crackers spans various capacities, catering to small-scale applications, medium-scale operations, and large-scale industrial needs.
Segmentation 4: by Region
• Europe - Germany, France, Italy, Spain, Russia, and Rest-of-Europe
Europe emerged as a frontrunner in the ammonia crackers market in 2022. The region's strong foothold in manufacturing, particularly in the metal industry, heat treatment, mobility, and various other sectors, played a pivotal role. The influence of industry giants like Siemens Energy and thyssenkrupp AG, deeply integrated into the ammonia crackers supply chain, has significantly bolstered the market's growth prospects in the region.
Europe Ammonia Crackers Market - Analysis and Forecast, 2023-2032
Frequently Asked Questions
In 2022, Europe took the lead in the ammonia crackers market. The region's dominant presence in manufacturing, especially in the metal industry, heat treatment, mobility, and various other sectors, played a crucial role in this achievement. The significant contributions of industry giants such as Siemens Energy and thyssenkrupp AG, which are deeply embedded in the ammonia crackers supply chain, have notably enhanced the market's growth potential in the European region.
Ammonia crackers are defined as equipment or systems used to crack ammonia for the production of forming gas (hydrogen and nitrogen). It is a catalytic cracking unit in which ammonia (NH3) is disassociated to hydrogen and nitrogen in a cost-effective way in a volume ratio of 3:1 or in a weight ratio of 14:3.
Ongoing research for scaling up cracking technologies and transitioning to low-carbon hydrogen are the key trends in the ammonia crackers market.
This technology enables the maximum conversion of ammonia into hydrogen with no direct emissions of CO2. Ammonia cracking is a valuable addition to Air Liquide's extensive range of hydrogen technologies, further expanding their technological solutions to support the advancement of a global hydrogen market
Ammonia cracking is a technology used to crack ammonia into hydrogen and nitrogen. Ammonia is widely used as a means of hydrogen carrier as transportation of gaseous hydrogen is difficult. Hydrogen can be transported as ammonia and then again cracked to hydrogen at the point of use.
An Ammonia Cracking Unit is the equipment employed to generate Hydrogen and Nitrogen gases using a Nickel catalyst. This fuel possesses multiple favorable attributes that make it a promising candidate for hydrogen storage, as it produces hydrogen (H2) alongside nitrogen (N2), both of which are non-toxic and non-greenhouse gases.
In contrast to methanol, ammonia contains no carbon whatsoever. Absolutely none. When produced exclusively with renewable energy, it transforms into a carbon-free fuel.
Ammonia boasts a greater energy density, measuring 12.7 MJ/L, surpassing even the energy density of liquid hydrogen, which stands at 8.5 MJ/L. While liquid hydrogen necessitates cryogenic storage conditions at a chilling -253 °C, ammonia can be stored at a far less energy-intensive -33 °C. Furthermore, although ammonia requires careful handling due to its hazardous nature, it is notably less flammable compared to hydrogen.