Market Forecast by Regions and Countries (North America, Europe, LATAM, Middle East, Asia and Africa), By Grade (Fertilizer, Feed, Technical), By End-user Industry (Agriculture, Chemical, Automotive, Medical, Others) And Competitive Landscape
Product Code: ETC13244512 | Publication Date: Apr 2025 | Updated Date: Jun 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 | |
According to 6wresearch internal database and industry insights,
Report Name | Global Urea Market |
Forecast Period | 2025-2031 |
Market Size | USD 52.3 billionby 2031 |
CAGR | 3.2% |
Growing Sector | Agriculture |
The Global Urea Market report thoroughly covers the market by Grade, End-user Industryand Regions.The market 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.
The urea market has been playing a crucial role in boosting the agricultural output through its high use as a nitrogenous fertilizer across the globe. It is highly requiredowing to its efficiency in promoting crop growth and improving yield. Additionally, urea's versatility spreads beyond agriculture to include applications across various sectors, such as automotive,adhesives, and resins, where it is widely used in diesel exhaust fluid to decrease emissions. The advancements in production technologies, coupled with a surge in the emphasize onsustainable farming practices are boosting the growth of the market.
Global Urea Market is expected to grow at a significant CAGR of 3.2% during the forecast period 2025-2031. The global urea market growth has been boosting considerably, underpinned by the growing agriculture sector, where its demand is high for fertilizers, as it remains a crucial source of nitrogen for crop growth. The requirement for enhanced agricultural productivity, which boosts the urea-based fertilizers usage, with the rise in the demand for food owing to population rate. Technological advancements have also contributed to Global Urea Marketgrowth by improving efficiency and reducing production costs. Furthermore, urea's versatile applications in industries such as adhesives, plastics, and automotive contribute to its sustained demand, particularly with the growing focus on emissions reduction using urea-based diesel exhaust fluid (DEF).
Despite its growth, the urea market faces several challenges that may hinder its expansion. Fluctuating raw material prices, especially natural gas, significantly impact production costs and overall profitability for manufacturers. Environmental concerns have also become a critical issue, as the excessive use of urea-based fertilizers can lead to soil degradation, water pollution, and greenhouse gas emissions. Regulatory restrictions aimed at reducing environmental impact could pose an additional hurdle for market participants. These challenges emphasize the need for innovation and sustainable practices to ensure the long-term growth of the global urea market.
The global urea market is witnessing significant trends driven by shifting agricultural practices and technological advancements. Precision farming and the adoption of slow-release urea fertilizers are gaining prominence as they enhance efficiency and minimize environmental impact. Furthermore, the growing focus on organic farming has spurred research and development of bio-based urea alternatives. Increased government support, especially in emerging economies, to boost food production while adhering to sustainability goals is also shaping the market landscape.
Investment opportunities in the global urea market are abundant, particularly in developing innovative solutions to address environmental challenges. Companies investing in advanced manufacturing technologies, such as carbon capture and utilization in urea production, are likely to gain a competitive edge. Expanding production facilities in regions with high agricultural activity, such as Asia-Pacific, offers significant growth potential. Strategic partnerships and mergers focused on achieving sustainability and diversifying product portfolios can also create long-term value.
The global urea market is highly competitive, with several prominent players driving innovation and market growth. Key companies include Yara International, CF Industries Holdings, Nutrien, and Koch Fertilizer, LLC, among others. These organizations focus on enhancing production efficiency, adopting sustainable practices, and expanding their reach into emerging markets.
Governments worldwide have introduced stringent regulations aimed at balancing agricultural productivity with environmental sustainability. These policies include restrictions on excessive fertilizer application, mandates for reduced carbon emissions during production, and incentives for adopting eco-friendly processes. Regulatory frameworks such as the European Union’s Green Deal and similar initiatives in North America and Asia-Pacific emphasize sustainable farming practices, which directly impact the urea market.
The future of the global urea industry is poised for transformation, with an emphasis on sustainability and innovation. Advancements in green urea production, utilizing renewable energy sources and low-carbon technologies, are expected to shape the market landscape. The adoption of precision farming techniques and controlled-release urea to enhance efficiency is anticipated to drive demand. Additionally, growing population trends and increasing food requirements will ensure sustained demand for fertilizers, including urea.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
Agriculture remains the leading end-user industry in the global urea market, accounting for the largest share due to its critical role in meeting food production demands. Beyond agriculture, the chemical industry heavily relies on urea for producing resins, adhesives, and other derivatives.
According to Ravi Bhandari, Research Head, 6Wresearch,North America and Europe lead the way in the global urea market, driven by advanced agricultural practices and strong demand from end-user industries like automotive and chemical manufacturing.
The market report provides a detailed analysis of the following 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 Global Urea Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Urea Market Revenues & Volume, 2021 & 2031F |
3.3 Global Urea Market - Industry Life Cycle |
3.4 Global Urea Market - Porter's Five Forces |
3.5 Global Urea Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Urea Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 Global Urea Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Global Urea Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Urea Market Trends |
6 Global Urea Market, 2021 - 2031 |
6.1 Global Urea Market, Revenues & Volume, By Grade, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Urea Market, Revenues & Volume, By Fertilizer, 2021 - 2031 |
6.1.3 Global Urea Market, Revenues & Volume, By Feed, 2021 - 2031 |
6.1.4 Global Urea Market, Revenues & Volume, By Technical, 2021 - 2031 |
6.2 Global Urea Market, Revenues & Volume, By End-user Industry, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Urea Market, Revenues & Volume, By Agriculture, 2021 - 2031 |
6.2.3 Global Urea Market, Revenues & Volume, By Chemical, 2021 - 2031 |
6.2.4 Global Urea Market, Revenues & Volume, By Automotive, 2021 - 2031 |
6.2.5 Global Urea Market, Revenues & Volume, By Medical, 2021 - 2031 |
6.2.6 Global Urea Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Urea Market, Overview & Analysis |
7.1 North America Urea Market Revenues & Volume, 2021 - 2031 |
7.2 North America Urea Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Urea Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Urea Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Urea Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Urea Market, Revenues & Volume, By Grade, 2021 - 2031 |
7.4 North America Urea Market, Revenues & Volume, By End-user Industry, 2021 - 2031 |
8 Latin America (LATAM) Urea Market, Overview & Analysis |
8.1 Latin America (LATAM) Urea Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Urea Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Urea Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Urea Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Urea Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Urea Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Urea Market, Revenues & Volume, By Grade, 2021 - 2031 |
8.4 Latin America (LATAM) Urea Market, Revenues & Volume, By End-user Industry, 2021 - 2031 |
9 Asia Urea Market, Overview & Analysis |
9.1 Asia Urea Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Urea Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Urea Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Urea Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Urea Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Urea Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Urea Market, Revenues & Volume, By Grade, 2021 - 2031 |
9.4 Asia Urea Market, Revenues & Volume, By End-user Industry, 2021 - 2031 |
10 Africa Urea Market, Overview & Analysis |
10.1 Africa Urea Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Urea Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Urea Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Urea Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Urea Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Urea Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Urea Market, Revenues & Volume, By Grade, 2021 - 2031 |
10.4 Africa Urea Market, Revenues & Volume, By End-user Industry, 2021 - 2031 |
11 Europe Urea Market, Overview & Analysis |
11.1 Europe Urea Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Urea Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Urea Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Urea Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Urea Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Urea Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Urea Market, Revenues & Volume, By Grade, 2021 - 2031 |
11.4 Europe Urea Market, Revenues & Volume, By End-user Industry, 2021 - 2031 |
12 Middle East Urea Market, Overview & Analysis |
12.1 Middle East Urea Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Urea Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Urea Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Urea Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Urea Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Urea Market, Revenues & Volume, By Grade, 2021 - 2031 |
12.4 Middle East Urea Market, Revenues & Volume, By End-user Industry, 2021 - 2031 |
13 Global Urea Market Key Performance Indicators |
14 Global Urea Market - Export/Import By Countries Assessment |
15 Global Urea Market - Opportunity Assessment |
15.1 Global Urea Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Urea Market Opportunity Assessment, By Grade, 2021 & 2031F |
15.3 Global Urea Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
16 Global Urea Market - Competitive Landscape |
16.1 Global Urea Market Revenue Share, By Companies, 2024 |
16.2 Global Urea Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |