Global Urea Prill Market Growth 2023-2029
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. Being solid, colourless, odorless (although the ammonia which it gives off in the presence of water, including water vapor in the air, has a strong odor), neither acidic nor alkaline, highly soluble in water, and relatively non-toxic, urea is widely used in fertilizers as a convenient source of nitrogen. Urea is also an important raw material for the chemical industry.
LPI (LP Information)' newest research report, the “Urea Prill Industry Forecast” looks at past sales and reviews total world Urea Prill sales in 2022, providing a comprehensive analysis by region and market sector of projected Urea Prill sales for 2023 through 2029. With Urea Prill sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Urea Prill industry.
This Insight Report provides a comprehensive analysis of the global Urea Prill 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 Urea Prill portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Urea Prill market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Urea Prill 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 Urea Prill.
The global Urea Prill market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Urea Prill 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 Urea Prill 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 Urea Prill is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Urea Prill players cover QAFCO, Yara, KOCH, SABIC, OCI, CF Industries, Nutrien, EuroChem and Group DF, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Urea Prill market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Feed Grade
Fertilizer Grade
Automotive Grade
Other
Segmentation by application
Agriculture
Feed Additive
Automotive
Chemical
Other
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.
QAFCO
Yara
KOCH
SABIC
OCI
CF Industries
Nutrien
EuroChem
Group DF
Nutrien
Hubei Yihua Chemical Industry
CNPC
Rui Xing Group
Luxi Chemical Group
Huajin Chemical Industries
Hualu-hengsheng
Sichuan Lutianhua
Lanhua Sci-tech
Key Questions Addressed in this Report
What is the 10-year outlook for the global Urea Prill market?
What factors are driving Urea Prill market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Urea Prill market opportunities vary by end market size?
How does Urea Prill 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.
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