North America is set to lead the global ammonia industry capacity additions with a share of 37% by 2030 by gaining capacity from new-build and expansion projects between 2023 and 2030, according to GlobalData.
GlobalData’s latest report reveals that the total ammonia capacity of new-build and expansion projects in North America is expected to be 26.39 million tpy by 2030. The increasing demand for ammonia-based fertilizers from the agriculture sector is driving the growth of the ammonia industry in North America. The rising adoption of green ammonia as a clean and renewable energy resource is another key factor.
Nivedita Roy, Oil and Gas Analyst at GlobalData, comments: “For the upcoming new build projects, the region is expected to add a capacity of 26.25 million tpy from 18 planned and announced projects, whereas, for the expansion of the existing ammonia projects, the region is expected to add a capacity of 0.14 million tpy from one announced project.”
The US is the key country i North America in terms of ammonia capacity additions. The main capacity addition in the US will be from an announced project, Ascension Clean Energy Donaldsonville Ammonia Plant, with a capacity of 7.20 million tpy. It is expected to commence production of ammonia in 2027.
Nivedita concludes: “In North America, Canada stands next in terms of ammonia capacity additions. The main capacity will be from an announced project, Inter Pipeline Petronas and Itochu Corp Alberta Ammonia Plant, with a capacity of 1 million tpy. It is expected to come online in 2027.”
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