세계의 암모니아 분해 촉매 시장 예측(-2030년) : 유형별, 용도별 및 지역별 분석

According to Stratistics MRC, the Global Ammonia Cracking Catalysts Market is accounted for $14.83 million in 2024 and is expected to reach $154.01 million by 2030 growing at a CAGR of 47.7% during the forecast period. Ammonia cracking catalysts are materials used to facilitate the decomposition of ammonia (NH3) into nitrogen (N2) and hydrogen (H2) gases. This process, known as ammonia cracking, is crucial for applications in hydrogen production and for reducing ammonia's environmental impact. Typically, these catalysts are based on metals such as nickel, iron, or cobalt, supported on high-surface-area materials like alumina or zeolites to enhance their efficiency. The choice of catalyst affects the reaction's activity, selectivity, and stability. Effective catalysts lower the energy required for the reaction, enabling the production of hydrogen for fuel cells, industrial processes, and as a clean energy carrier.

According to the U.S. government's energy information administration (EIA), the country produces more than 10 million tonnes of hydrogen annually.

Market Dynamics:

Driver:

Rising adoption of green technologies

The growing adoption of green technologies is substantially advancing the development of ammonia cracking catalysts, which play a crucial role in the hydrogen economy. Ammonia, a compound with high hydrogen content, is increasingly being utilized as a hydrogen carrier due to its efficient storage and transport. To release hydrogen from ammonia for fuel cells or other applications, effective ammonia cracking catalysts are essential. The push for greener technologies has spurred innovations in catalyst materials and designs to improve efficiency and reduce environmental impact. Researchers are focusing on developing catalysts that operate at lower temperatures, enhance reaction rates, and are more sustainable by using less toxic or more abundant materials.

Restraint:

High cost of catalyst materials

The high cost of catalyst materials significantly impacts the development and application of ammonia cracking catalysts, crucial for sustainable hydrogen production. These catalysts, essential for breaking down ammonia into nitrogen and hydrogen, rely on rare and expensive metals such as platinum, rhodium, and ruthenium. The scarcity and cost of these materials drive up the overall expense of the catalysts, making large-scale adoption economically challenging. This issue is exacerbated by the fact that these metals are not only costly to procure but also require intricate processing techniques to optimize their catalytic performance.

Opportunity:

Increased investment in hydrogen infrastructure

Increased investment in hydrogen infrastructure is substantially advancing the development of ammonia cracking catalysts. Ammonia cracking involves breaking down ammonia (NH3) into nitrogen (N2) and hydrogen (H2), with the hydrogen being used as a clean fuel or energy carrier. As hydrogen infrastructure expands, there is a growing demand for efficient and reliable ammonia cracking catalysts to produce high-purity hydrogen. This investment is driving innovation in catalyst materials and designs, enhancing their performance and longevity. Advanced catalysts, often incorporating novel materials or improved structures, facilitate more efficient ammonia decomposition at lower temperatures, reducing energy consumption and operational costs.

Threat:

Regulatory and compliance challenges

The ammonia cracking catalyst industry faces significant regulatory and compliance challenges that hinder its growth and development. Stringent environmental regulations require catalysts to achieve high efficiency in breaking down ammonia into hydrogen and nitrogen while minimizing emissions. These regulations often involve extensive testing and certification processes, which can be costly and time-consuming for manufacturers. However, compliance with safety standards adds another layer of complexity, as catalysts must operate reliably under various conditions without posing risks to users or the environment.

Covid-19 Impact:

The COVID-19 pandemic significantly impacted the ammonia cracking catalysts industry, primarily through disruptions in supply chains and production processes. With global lockdowns and restrictions, many facilities faced shutdowns or reduced operational capacity, affecting the availability of raw materials and manufacturing of catalysts. The pandemic strained logistics networks, causing delays in the delivery of critical components and finished products. This disruption not only led to increased costs and extended lead times but also hampered ongoing research and development efforts in catalyst technology.

The Nickel (Ni)-based Catalysts segment is expected to be the largest during the forecast period

Nickel (Ni)-based Catalysts segment is expected to be the largest during the forecast period. Nickel (Ni)-based catalysts are playing a crucial role in advancing ammonia cracking technology, which is pivotal for hydrogen production. These catalysts are favored due to their high activity and stability under reaction conditions. Ammonia cracking involves breaking down ammonia (NH3) into nitrogen (N2) and hydrogen (H2), which is essential for generating clean hydrogen fuel. Nickel catalysts are particularly effective because they offer a favorable balance of activity, cost, and durability compared to other metals. Their performance can be enhanced through various methods, including alloying with other elements or optimizing support materials.

The Fuel Cells segment is expected to have the highest CAGR during the forecast period

Fuel Cells segment is expected to have the highest CAGR during the forecast period. Ammonia, a promising hydrogen carrier, can be efficiently decomposed into hydrogen and nitrogen using these catalysts. This process is vital because hydrogen, generated from ammonia, powers fuel cells with high efficiency and low emissions. Recent improvements in ammonia cracking catalysts focus on increasing their efficiency and longevity. Researchers are developing new materials and optimizing catalyst structures to boost the reaction rates and reduce energy consumption. Innovations include advanced alloys and nanostructured materials that offer better performance and stability under operating conditions.

Region with largest share:

As agricultural practices increasingly prioritize environmental sustainability, there is a heightened demand for efficient, low-emission solutions, Europe region commanded the largest market share during the projected period. Ammonia cracking catalysts play a crucial role in this transformation by enabling the production of green hydrogen from ammonia, a process vital for reducing reliance on fossil fuels and minimizing greenhouse gas emissions across the region. These catalysts help improve the efficiency of ammonia-based hydrogen production, which is integral to sustainable farming practices such as reducing carbon footprints and enhancing soil fertility with cleaner fertilizers throughout the region.

Region with highest CAGR:

Europe region is poised to hold profitable growth over the extrapolated period. In Europe, government regulations are substantially advancing the ammonia cracking catalysts industry by fostering innovation and ensuring sustainability. The European Union's stringent environmental policies are driving the demand for cleaner technologies, pushing companies to develop catalysts that enhance ammonia cracking efficiency while reducing harmful emissions. Regulations such as the European Green Deal and the Fit for 55 package incentivize research and development in this sector by offering funding and tax benefits for projects that align with climate goals.

Key players in the market

Some of the key players in Ammonia Cracking Catalysts market include Albemarle Corporation, BASF SE, Clariant International Ltd, DOW Chemical Company, Ecolab Inc, Kraton Corporation, Orica Limited, Shell Global Solutions, Sumitomo Chemical Co., Ltd and Tosoh Corporation.

Key Developments:

In May 2024, Lummus and Sumitomo Chemical Announce Collaboration Agreements for Circular and Polyolefins Technologies Agreements strengthen position in circular economy and expand offering in polyolefins.

In October 2023, DNV, an internationally recognized energy classification and registration society announced that demand for ammonia cracking solutions will increase over the next 5-10 years as hydrogen energy economy undergoes maturation.

In March 2023, Saudi Aramco, Saudi Arabia's large energy conglomerate signed an agreement with Linde engineering, a major European manufacturer of industrial gases, to develop new ammonia cracking technologies.

Types Covered:

• Platinum Metal Group (PGM)-based Catalysts
• Nickel (Ni)-based Catalysts

Applications Covered:

• Fuel Cells
• Hydrogen Production
• Chemical Synthesis
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Ammonia Cracking Catalysts Market, By Type

• 5.1 Introduction
• 5.2 Platinum Metal Group (PGM)-based Catalysts
• 5.3 Nickel (Ni)-based Catalysts

6 Global Ammonia Cracking Catalysts Market, By Application

• 6.1 Introduction
• 6.2 Fuel Cells
• 6.3 Hydrogen Production
• 6.4 Chemical Synthesis
• 6.5 Other Applications

7 Global Ammonia Cracking Catalysts Market, By Geography

• 7.1 Introduction
• 7.2 North America
  • 7.2.1 US
  • 7.2.2 Canada
  • 7.2.3 Mexico
• 7.3 Europe
  • 7.3.1 Germany
  • 7.3.2 UK
  • 7.3.3 Italy
  • 7.3.4 France
  • 7.3.5 Spain
  • 7.3.6 Rest of Europe
• 7.4 Asia Pacific
  • 7.4.1 Japan
  • 7.4.2 China
  • 7.4.3 India
  • 7.4.4 Australia
  • 7.4.5 New Zealand
  • 7.4.6 South Korea
  • 7.4.7 Rest of Asia Pacific
• 7.5 South America
  • 7.5.1 Argentina
  • 7.5.2 Brazil
  • 7.5.3 Chile
  • 7.5.4 Rest of South America
• 7.6 Middle East & Africa
  • 7.6.1 Saudi Arabia
  • 7.6.2 UAE
  • 7.6.3 Qatar
  • 7.6.4 South Africa
  • 7.6.5 Rest of Middle East & Africa

8 Key Developments

• 8.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 8.2 Acquisitions & Mergers
• 8.3 New Product Launch
• 8.4 Expansions
• 8.5 Other Key Strategies

9 Company Profiling

• 9.1 Albemarle Corporation
• 9.2 BASF SE
• 9.3 Clariant International Ltd
• 9.4 DOW Chemical Company
• 9.5 Ecolab Inc
• 9.6 Kraton Corporation
• 9.7 Orica Limited
• 9.8 Shell Global Solutions
• 9.9 Sumitomo Chemical Co., Ltd
• 9.10 Tosoh Corporation