Market Forecast By Grade (Fertilizer, Feed, Technical), By End-user Industry (Agriculture, Chemical, Automotive, Medical, Others) And Competitive Landscape
Product Code: ETC210993 | Publication Date: May 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
China Urea Market report thoroughly covers the market by grade and by end user industry. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
China has been the largest producer and consumer of urea in the world for several years. Urea is one of the most widely-used fertilizers in the world, and its demand has remained high due to the growing agricultural industry in China. It also witnesses a massive growth supported by increasing demand and favourable government initiatives. As the industry continues to evolve, it is essential for companies to invest in new technologies and production methods that promote sustainability and efficiency.
According to 6Wresearch, the China Urea Market size is projected to grow at a CAGR of 2.9% during the forecast period 2025-2031. The growing population in the country has resulted in an increasing demand for food, and therefore the demand for urea, which is an essential nutrient for crops. China exports a significant amount of urea to countries throughout the world, especially in India and Southeast Asian countries. The government also supports the industry with favorable policies, such as subsidies on production costs. On the other hand, some challenges can affect the China Urea Market growth. Such as the China has more urea production capacity than it needs, which reduces profit margins and creates price instability. Another challenge is environmental concerns. Nevertheless, the rising shift towards more water-soluble fertilizers, which are more efficient and effective than traditional urea fertilizers. Another trend is consolidation, with larger companies acquiring smaller ones to gain greater production capacity and market share. Companies are also investing in R&D to develop more efficient and environmentally-friendly urea products.
The Chinese government has implemented several initiatives to support the urea industry. These include subsidies on production costs, tax rebates on exports, and preferential policies for companies that meet environmental regulations. The government also plans to encourage greater consolidation in the industry to reduce overcapacity and support large-scale production.
The China urea market is operated by several key companies, including Sinochem Group, China National Chemical Corporation (ChemChina), and China Agricultural University Group. These companies have extensive research and development capabilities, and distribution networks.
According to Dhaval, Research Manager, 6Wresearch, the technical-grade urea market is the only leading segment owing to various factors such as increasing demand for downstream applications and production technology upgrades.
Based on the end user, the agriculture sector remains the top consumer due to the scarcity of arable land, the use of urea in soil amendments is increasing. Farmers are adopting the use of urea to improve soil fertility and maximize crop production.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 China Urea Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Urea Market Revenues & Volume, 2021 & 2031F |
3.3 China Urea Market - Industry Life Cycle |
3.4 China Urea Market - Porter's Five Forces |
3.5 China Urea Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 China Urea Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 China Urea Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 China Urea Market Trends |
6 China Urea Market, By Types |
6.1 China Urea Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 China Urea Market Revenues & Volume, By Grade, 2021 - 2031F |
6.1.3 China Urea Market Revenues & Volume, By Fertilizer, 2021 - 2031F |
6.1.4 China Urea Market Revenues & Volume, By Feed, 2021 - 2031F |
6.1.5 China Urea Market Revenues & Volume, By Technical, 2021 - 2031F |
6.2 China Urea Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 China Urea Market Revenues & Volume, By Agriculture, 2021 - 2031F |
6.2.3 China Urea Market Revenues & Volume, By Chemical, 2021 - 2031F |
6.2.4 China Urea Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.2.5 China Urea Market Revenues & Volume, By Medical, 2021 - 2031F |
6.2.6 China Urea Market Revenues & Volume, By Others, 2021 - 2031F |
7 China Urea Market Import-Export Trade Statistics |
7.1 China Urea Market Export to Major Countries |
7.2 China Urea Market Imports from Major Countries |
8 China Urea Market Key Performance Indicators |
9 China Urea Market - Opportunity Assessment |
9.1 China Urea Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 China Urea Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 China Urea Market - Competitive Landscape |
10.1 China Urea Market Revenue Share, By Companies, 2024 |
10.2 China Urea Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |