The global urea market is being driven by the increased demand for the product in the agricultural sector to produce fertilisers. The fertiliser segment, among other applications of urea, serves as the most dominant sector, accounting for more than 80% of its global consumption. Within the Asia Pacific, the regions like India and Thailand are the major demand drivers of the traditional fertilisers, thus aiding the urea industry. The Asia Pacific is the leading supply market for urea, accounting for nearly 60% of the share in the global urea market. China is the leading consumer of urea, followed by India. China is also the largest producer of the product. While China is the net exporter of urea, India is the leading urea importer, accounting for more than 15% of its global imports.
Nitrogen is a key nutrient in any fertiliser programme, and it is delivered in the form of urea. In August 2019, Yara International ASA (OTCMKTS: YARIY), a key player in the industry, collaborated with Nel to produce carbon-free hydrogen for fertiliser production, which is expected to increase the demand for fertilisers and in turn urea, thus, aiding the global urea industry. Qatar Fertiliser Company, owned by IQ (75%), and Yara Netherland B.V. (25%), produces the majority of urea in either the prilled or granular form, and the company also manufactures Urea Formaldehyde Condensate (UFC-85), an anti-caking agent which is added to urea products to improve their strength. Such developments are expected to aid the growth of the global urea market over the forecast period.
Market Breakup by Applications and Regions:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global urea market are Yara International ASA, Qatar Fertiliser Company (QAFCO), PT Pupuk Kaltim, Indian Farmers Fertiliser Cooperative Ltd. (IFFCO), CF Industries Holdings, Inc., Nutrien Ltd., National Fertilizers Ltd (NFL), Saudi Arabian Fertilizer Company (SAFCO), and Engro Corporation Limited, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
EMR is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
"Global Urea Market: By Application: Fertilizer, Urea Formaldehyde (UF) & Melamine Resins, Melamine (Cyanurates), Animal Feed; By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa; Historical Production and Consumption (2015-2019); Production and Consumption Forecast (2020-2025); SWOT Analysis; Price Analysis; Trade Data Analysis (HS Code: 310210); Value Chain Analysis; EMR’s Key Indicators for Demand; EMR’s Key Indicators for Price; Procurement Strategy; Cost Analysis; Competitive Landscape & Supplier Analysis; Manufacturing Process"
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
A specialty biocide refers to a chemical compound/microorganism that is used to prevent, kill, and monitor chemical or biological harmful organisms. Specialty biocides include active biocidal agent an...
An efficient and environmentally sensitive approach to pesticide management is integrated pest management (IPM). It involves the responsible use of pesticides and other appropriate pesticide managemen...
Rodenticides are rodent killing pesticides. In addition to mice, rodents include squirrels, woodchucks, chipmunks, porcupines, nutria, and beaver. While rodents play significant roles in nature, they ...
The Europe insecticides market is being driven by the rising concerns regarding insect transferable diseases, increasing demand for food grains due to the increasing population, and the growing crop l...
The global liquid fertilizers market stood at a value of around USD 11.40 million in 2019. The industry is further anticipated to reach USD 13.90 million by 2025, recording a CAGR of 2.9% between 2020...