Urea Market Size, Share, and Outlook, 2025 Report- By Grade (Fertilizer, Feed, Technical), By End-User (Agriculture, Chemical, Automotive, Medical, Others), 2018-2032

Urea Market Outlook

Urea Market Size is forecast to reach $129.8 Billion in 2032 from $83.6 Billion in 2025, at an optimistic growth rate of 6.4% from 2025 to 2032. The robust Urea Market growth presents potential growth opportunities for companies across the industry value chain.

The comprehensive market research report presents 12-year historic and forecast data on Urea Market segments across 22 countries from 2021 to 2032. Key segments in the report include By Grade (Fertilizer, Feed, Technical), By End-User (Agriculture, Chemical, Automotive, Medical, Others). Over 70 tables and charts showcase findings from our latest survey report on Urea Markets.

Urea Market Insights, 2025: Urea: Key Drivers and Opportunities

Urea is one of the most widely used fertilizers in the world due to its high nitrogen content, essential for plant growth. The agriculture industry is the primary driver of the urea market, with the increasing need to boost crop yields to meet the demands of a growing global population. Additionally, the shift toward sustainable agriculture is fostering innovation in urea production, such as the development of slow-release fertilizers and eco-friendly urea variants that minimize nitrogen loss and reduce environmental impact. With agriculture being central to the global food supply chain, urea continues to play a crucial role in food security, especially in regions where soil fertility is low.

Opportunities in the urea market include advanced fertilizer technologies that enhance the efficiency of urea usage. Green urea, produced through carbon capture technologies, is gaining attention as it helps to reduce the carbon footprint of fertilizers. As countries pursue sustainable agricultural practices, the demand for urea that promotes soil health and reduces environmental pollution will continue to increase. Additionally, growth in biofuels, such as biodiesel, could create further opportunities for urea usage in biofuel production.

Five Trends that will define global Urea Market in 2025 and Beyond

A closer look at the multi-million global market for Urea Market identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Urea Companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future.

What are the biggest opportunities for growth in the Urea Industry?

The Urea Market sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.

Urea Market Segment Insights

The Urea Industry presents strong offers across categories. The analytical report offers forecasts of Urea Industry performance across segments and countries. Key segments in the industry include- By Grade (Fertilizer, Feed, Technical), By End-User (Agriculture, Chemical, Automotive, Medical, Others). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.

Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Urea Market size outlook is provided for 22 countries across these regions.

Urea Industry Value Chain

The chapter identifies potential companies and their operations across the global Urea Industry ecosystem. It assists decision-makers in evaluating global Urea Market fundamentals, market dynamics, and disruptive trends across the value chain segments.

Scenario Analysis and Forecasts

Strategic decision-making in the Urea Industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.

Asia Pacific Urea Market Analysis- A Promising Growth Arena for Business Expansion

As companies increasingly expand across promising Asia Pacific markets with a combined population of over 4.5 billion, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.

The State of Europe Urea Industry 2025- Focus on Accelerating Competitiveness

As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Urea Market with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Urea Market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.

The US Urea Market Insights- Executives are most excited about opportunities for the US Urea Industry.

Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Urea Companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Urea Market.

Latin American Urea Market outlook rebounds in line with economic growth.

Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported since H2-2024 and the prospects remain strong for 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.

Middle East and Africa Urea Markets- New Opportunities for Companies Harnessing Diversity

Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Urea Markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Urea Markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.

Competitive Landscape- How Urea Companies outcompete in 2025 and Beyond?

The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include Acron Group, BASF SE, CF Industries Holdings Inc, Chambal Fertilisers & Chemicals Ltd, China National Petroleum Corp, EuroChem Group, IFFCO, Industries Qatar, Koch Fertilizer LLC, National Fertilizers Ltd (NFL), Notore Chemical Industries PLC, Nutrien Ltd, OCI N.V., Paradeep Phosphates Ltd, Petróleo Brasileiro S.A. (Petrobras), PT Pupuk Kalimantan Timur, Saudi Basic Industries Corp (SABIC), The Chemical Company (TCC), URALCHEM Joint Stock Company (JSC), Yara International ASA.

Urea Market Scope and Segmentation

By Grade

Fertilizer

Feed

Technical

By End-User

Agriculture

Chemical

Automotive

Medical

Others

Countries Included-

North America- US, Canada, Mexico

Europe- Germany, France, UK, Spain, Italy, Benelux, Turkey, Russia, Rest of Europe

Asia Pacific- China, India, Japan, South Korea, South East Asia, Australia, Rest of APAC

South and Central America- Brazil, Argentina, Chile, Rest of SCA

Middle East and Africa- Saudi Arabia, the UAE, Israel, South Africa, Algeria, Nigeria, Rest of Middle East, Rest of Africa

Companies Included in the Urea Market Research-

Acron Group

BASF SE

CF Industries Holdings Inc

Chambal Fertilisers & Chemicals Ltd

China National Petroleum Corp

EuroChem Group

IFFCO

Industries Qatar

Koch Fertilizer LLC

National Fertilizers Ltd (NFL)

Notore Chemical Industries PLC

Nutrien Ltd

OCI N.V.

Paradeep Phosphates Ltd

Petróleo Brasileiro S.A. (Petrobras)

PT Pupuk Kalimantan Timur

Saudi Basic Industries Corp (SABIC)

The Chemical Company (TCC)

URALCHEM Joint Stock Company (JSC)

Yara International ASA

Reasons to Buy the report

• Make informed decisions through long and short-term forecasts across 22 countries and segments.
• Evaluate market fundamentals, dynamics, and disrupting trends set to shape 2025 and beyond.
• Gain a clear understanding of the competitive landscape, with product portfolio and growth strategies.
• Get an integrated understanding of the entire market ecosystem and companies.
• Stay ahead of the competition through plans for growth in a changing environment for your geographic expansion.
• Assess the impact of advanced technologies and identify growth opportunities based on actionable data and insights.
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