Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Urea Market by Type (Granular urea, Small particles of urea), By Application (Agriculture, Industry, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Urea Market by Type (Granular urea, Small particles of urea), By Application (Agriculture, Industry, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 131263 3300 Chemical & Material 377 233 Pages 4.9 (39)
                                          

Market Overview:


The global urea market is expected to grow at a CAGR of 3.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for urea from the agriculture sector and rising demand for fertilizers in developing countries. Granular urea is the most popular type of urea and is expected to dominate the market during the forecast period. Asia Pacific is expected to be the fastest-growing region in terms of revenue, followed by Latin America and Europe.


Global Urea Industry Outlook


Product Definition:


Urea is a nitrogenous compound that is produced when protein breaks down in the body. It is excreted in urine and plays an important role in maintaining fluid balance and regulating blood pressure.


Granular urea:


Granular urea is a type of urea, which is granular in nature and has high solubility in water. It can be used as an agricultural fertilizer or for the production of synthetic turf.


Small particles of urea:


Small particles of urea are used as a nitrogen source in fertilizers. Urea is the primary nitrogen source for plants and most of the crops on earth. It is produced by an industrial process called the Haber-Bosch process, which involves a reaction between ammonia and hydrogen sulfide. The resulting product has very low toxicity levels compared to other products such as ammonium nitrate or calcium ammonium nitrate (CAN).


Application Insights:


The industry application segment led the global market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for agricultural chemicals across various regions, including Asia Pacific, Latin America and Middle East & Africa. In addition, technological advancements coupled with new product launches are expected to drive the demand for urea in several applications such as pesticides manufacturing and paper processing over the coming years.


Urea has numerous uses in agriculture which include crop fertilization, soil improvement & fertility maintenance as well as animal feed supplements among others.


Regional Analysis:


Asia Pacific was the largest market in 2017 and is expected to continue its dominance over the forecast period. The presence of a large number of fertilizer manufacturers coupled with increasing demand from emerging economies such as China, India, and Japan is likely to drive urea consumption in this region. Asia Pacific accounted for 37% of global urea production in 2017.


The industry outlook remains positive due to rising agricultural output coupled with government support for promoting FDI through favorable policies & regulations aimed at reducing import dependence. For instance, Government of India allowed 100% FDI under automatic route for food products in 2014 which will promote domestic manufacturing leading to higher product availability over the next eight years.


Growth Factors:


  • Increasing demand for urea as a fertilizer from the agriculture sector, due to the increasing population and their demand for food.
  • The increasing use of urea in non-agricultural applications such as animal feed, textile industries, etc.
  • The growing awareness about the benefits of using urea among farmers and other end users
  • Technological advancements in the production of urea that have helped reduce its cost
  • Stringent environmental regulations that promote the use of nitrogen-based fertilizers like urea

Scope Of The Report

Report Attributes

Report Details

Report Title

Urea Market Research Report

By Type

Granular urea, Small particles of urea

By Application

Agriculture, Industry, Others

By Companies

QAFCO, Yara, KOCH, SABIC, OCI, CF Industries, Agrium Inc., EuroChem, Group DF, PotashCorp, Hubei Yihua Chemical Industry, CNPC, Rui Xing Group, Luxi Chemical Group, Huajin Chemical Industries, Hualu-hengsheng, Sichuan Lutianhua, Lanhua Sci-tech

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

233

Number of Tables & Figures

164

Customization Available

Yes, the report can be customized as per your need.


Global Urea Market Report Segments:

The global Urea market is segmented on the basis of:

Types

Granular urea, Small particles of urea

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Agriculture, Industry, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. QAFCO
  2. Yara
  3. KOCH
  4. SABIC
  5. OCI
  6. CF Industries
  7. Agrium Inc.
  8. EuroChem
  9. Group DF
  10. PotashCorp
  11. Hubei Yihua Chemical Industry
  12. CNPC
  13. Rui Xing Group
  14. Luxi Chemical Group
  15. Huajin Chemical Industries
  16. Hualu-hengsheng
  17. Sichuan Lutianhua
  18. Lanhua Sci-tech

Global Urea Market Overview


Highlights of The Urea Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Alpha Hydroxy Acid for Cosmetic Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Granular urea
    2. Small particles of urea
  1. By Application:

    1. Agriculture
    2. Industry
    3. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Urea Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Urea Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available
                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Urea Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Urea Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Urea Market - Supply Chain
   4.5. Global Urea Market Forecast
      4.5.1. Urea Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Urea Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Urea Market Absolute $ Opportunity

5. Global Urea Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Urea Market Size and Volume Forecast by Type
      5.3.1. Granular urea
      5.3.2. Small particles of urea
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Urea Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Urea Market Size and Volume Forecast by Application
      6.3.1. Agriculture
      6.3.2. Industry
      6.3.3. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Urea Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Urea Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Urea Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Urea Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Urea Demand Share Forecast, 2019-2029

9. North America Urea Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Urea Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Urea Market Size and Volume Forecast by Application
      9.4.1. Agriculture
      9.4.2. Industry
      9.4.3. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Urea Market Size and Volume Forecast by Type
      9.7.1. Granular urea
      9.7.2. Small particles of urea
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Urea Demand Share Forecast, 2019-2029

10. Latin America Urea Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Urea Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Urea Market Size and Volume Forecast by Application
      10.4.1. Agriculture
      10.4.2. Industry
      10.4.3. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Urea Market Size and Volume Forecast by Type
      10.7.1. Granular urea
      10.7.2. Small particles of urea
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Urea Demand Share Forecast, 2019-2029

11. Europe Urea Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Urea Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Urea Market Size and Volume Forecast by Application
      11.4.1. Agriculture
      11.4.2. Industry
      11.4.3. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Urea Market Size and Volume Forecast by Type
      11.7.1. Granular urea
      11.7.2. Small particles of urea
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Urea Demand Share, 2019-2029

12. Asia Pacific Urea Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Urea Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Urea Market Size and Volume Forecast by Application
      12.4.1. Agriculture
      12.4.2. Industry
      12.4.3. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Urea Market Size and Volume Forecast by Type
      12.7.1. Granular urea
      12.7.2. Small particles of urea
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Urea Demand Share, 2019-2029

13. Middle East & Africa Urea Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Urea Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Urea Market Size and Volume Forecast by Application
      13.4.1. Agriculture
      13.4.2. Industry
      13.4.3. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Urea Market Size and Volume Forecast by Type
      13.7.1. Granular urea
      13.7.2. Small particles of urea
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Urea Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Urea Market: Market Share Analysis
   14.2. Urea Distributors and Customers
   14.3. Urea Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. QAFCO
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Yara
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. KOCH
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. SABIC
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. OCI
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. CF Industries
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Agrium Inc.
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. EuroChem
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Group DF
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. PotashCorp
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Hubei Yihua Chemical Industry
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. CNPC
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Rui Xing Group
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Luxi Chemical Group
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. Huajin Chemical Industries
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. Hualu-hengsheng
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. Sichuan Lutianhua
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. Lanhua Sci-tech
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

Our Trusted Clients

Contact Us