Global Technical Grade Urea Market Growth 2023-2029

Global Technical Grade Urea Market Growth 2023-2029

The global Technical Grade Urea market size is projected to grow from US$ 72710 million in 2022 to US$ 81010 million in 2029; it is expected to grow at a CAGR of 1.6% from 2023 to 2029.

United States market for Technical Grade Urea is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Technical Grade Urea is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Technical Grade Urea is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Technical Grade Urea players cover Yara International, QAFCO, CF Industries, EuroChem, KOCH, Nutrien, China National Petroleum Corporation, Shanxi Tianze and SABIC, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

Urea serves an important role in the metabolism of nitrogen-containing compounds by animals and is the main nitrogen-containing substance in the urine of mammals. It is a colorless, odorless solid, highly soluble in water, and practically non-toxic (LD50 is 15 g/kg for rats). Dissolved in water, it is neither acidic nor alkaline. The body uses it in many processes, most notably nitrogen excretion. The liver forms it by combining two ammonia molecules (NH3) with a carbon dioxide (CO2) molecule in the urea cycle. Urea is widely used in fertilizers as a source of nitrogen (N) and is an important raw material for the chemical industry.

LPI (LP Information)' newest research report, the “Technical Grade Urea Industry Forecast” looks at past sales and reviews total world Technical Grade Urea sales in 2022, providing a comprehensive analysis by region and market sector of projected Technical Grade Urea sales for 2023 through 2029. With Technical Grade Urea sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Technical Grade Urea industry.

This Insight Report provides a comprehensive analysis of the global Technical Grade Urea landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Technical Grade Urea portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Technical Grade Urea market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Technical Grade Urea and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Technical Grade Urea.

This report presents a comprehensive overview, market shares, and growth opportunities of Technical Grade Urea market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Granular Urea
Prilled Urea

Segmentation by application
Agriculture
Chemical
Automotive
Medical
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Yara International
QAFCO
CF Industries
EuroChem
KOCH
Nutrien
China National Petroleum Corporation
Shanxi Tianze
SABIC
China XLX Fertilizer
China Coal Group
Yangmei Chemical
China BlueChem
Hualu-hengsheng
Group DF
Rui Xing Group
Sichuan Lutianhua
Yuan Xing Energy
Yuntianhua
Hubei Yihua Chemical Industry
Lanhua Sci-tech

Key Questions Addressed in this Report

What is the 10-year outlook for the global Technical Grade Urea market?

What factors are driving Technical Grade Urea market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Technical Grade Urea market opportunities vary by end market size?

How does Technical Grade Urea break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.