The Global Blue Ammonia market is expected to see a substantial expansion over the forecast period, reaching USD 27.20 million by 2029 with a Compound Annual Growth Rate (CAGR) of 5.3%. The market is driven by the imperative to reduce carbon emissions associated with traditional ammonia production methods, pushing towards the adoption of blue ammonia production methods that involve carbon capture and utilization technologies. Currently, around 1% of ammonia production is blue, with a capacity target of approximately 40 MT. The rising demand for low-carbon fuels and the mounting awareness of hydrogen as a clean energy source are key drivers of market growth. Blue ammonia is considered a viable carrier for hydrogen storage, enabling green combustion and zero carbon emissions. Companies are leveraging existing infrastructures to maximize efficiency and affordability in production and distribution, further boosting market expansion. However, challenges persist, including the high production costs, particularly in Europe due to inflated natural gas prices and the expense associated with carbon capture and sequestration technologies. The market also faces hurdles related to health risks associated with ammonia exposure and environmental concerns regarding the release of NOx and N2O during ammonia combustion. Opportunities for the blue ammonia market lie in the transition to net-zero fuel blends by 2050, where the role of blue ammonia in reducing carbon emissions is crucial. Advancements in hydrogen production technologies, including electrolysis-based and CCUS-based methods, are essential to achieve significant reductions in carbon emissions. The market is also evolving in terms of manufacturing processes, with steam methane reforming leading the way due to its affordability and established facilities, while auto-thermal reforming is emerging as a promising option for future blue hydrogen initiatives. In conclusion, the global blue ammonia market shows promise for substantial growth, driven by the need for sustainable and low-carbon energy solutions. Despite challenges, the market is poised to embrace advancements in manufacturing processes and technology to align with the global shift towards carbon neutrality.