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2025-09-10 18:35:48 -

Rising Adoption of Ammonia as a Hydrogen Carrier Strengthens Global Market Outlook

The global ammonia market, valued at USD 240.25 billion in 2024, is projected to grow at a compound annual growth rate (CAGR) of 6.50% from 2025 to 2034. This growth trajectory underscores the critical role ammonia plays in various industries, particularly in agriculture, where it serves as a fundamental component in fertilizers. The Asia Pacific region, with its burgeoning agricultural sector...

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