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Urea Market

Published Oct 06, 2025
Length 140 Pages
SKU # CMI20535634

Description

The Global Urea Market is estimated to be valued at USD 67,747.8 Mn in 2025 and is expected to reach USD 87,776.5 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 3.8% from 2025 to 2032. The global urea market represents a cornerstone of the agricultural industry, serving as one of the most widely utilized nitrogen-based fertilizers essential for crop production worldwide. Urea, chemically known as carbamide, is a white crystalline solid containing 46% nitrogen, making it the highest nitrogen-content fertilizer available in solid form.

Market Dynamics

The global urea market is propelled by several key drivers, with the primary catalyst being the escalating global food demand resulting from population growth and urbanization trends, necessitating enhanced agricultural productivity through efficient fertilization practices. Rising awareness about soil nutrient depletion and the need for sustainable farming practices drives farmers to adopt nitrogen-rich fertilizers like urea to maintain soil fertility and optimize crop yields. Government initiatives promoting food security and agricultural subsidies in developing nations further stimulate market growth, while the expanding industrial applications of urea in sectors such as automotive (AdBlue/DEF production), chemicals, and pharmaceuticals create additional revenue streams.

Key Features of the Study
  • This report provides in-depth analysis of the global urea market, and provides market size (USD Mn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global urea market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include CF Industries Holdings Inc, EuroChem Group, SABIC, Yara, BASF, IFFCO, CNPC, Taishan Chuanggu Group, Nutrien Ag Solutions, Inc, Koch Fertilizer, LLC, Nu-Tec Specialty Products, LSB Industries, Coromandel International Ltd, HuBei YiHua Group, Ruixing Group Co., Ltd, Pupuk Indonesia (Persero), Gujarat State Fertilizers & Chemicals Limited (GSFC), NFL (a Navratna Company), Mangalore Chemicals & Fertilizers Limited, and KESHARIYA CORPORATION
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global urea market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global urea market
Market Segmentation
  • Form Insights (Revenue, USD Mn, 2020 - 2032)
  • Granular Urea
  • Prilled Urea
  • Liquid Urea
  • Grade Type Insights (Revenue, USD Mn, 2020 - 2032)
  • Fertilizer Grade
  • Feed Grade
  • Technical/Industrial Grade
  • Purity Level Insights (Revenue, USD Mn, 2020 - 2032)
  • Below 90%
  • 90–95%
  • Above 95%
  • Distribution Channel Insights (Revenue, USD Mn, 2020 - 2032)
  • Indirect
  • Direct
  • Regional Insights (Revenue, USD Mn, 2020 - 2032)
  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Europe
  • Germany
  • U.K.
  • Spain
  • France
  • Italy
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
  • GCC Countries
  • Israel
  • Rest of Middle East
  • Africa
  • South Africa
  • North Africa
  • Central Africa
  • Key Players Insights
  • CF Industries Holdings Inc
  • EuroChem Group
  • SABIC
  • Yara
  • BASF
  • IFFCO
  • CNPC
  • Taishan Chuanggu Group
  • Nutrien Ag Solutions, Inc
  • Koch Fertilizer, LLC
  • Nu-Tec Specialty Products
  • LSB Industries
  • Coromandel International Ltd
  • HuBei YiHua Group
  • Ruixing Group Co., Ltd
  • Pupuk Indonesia (Persero)
  • Gujarat State Fertilizers & Chemicals Limited (GSFC)
  • NFL (a Navratna Company)
  • Mangalore Chemicals & Fertilizers Limited
  • KESHARIYA CORPORATION

Table of Contents

140 Pages
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Global Urea Market, By Form
Global Urea Market, By Grade Type
Global Urea Market, By Purity Level
Global Urea Market, By Distribution Channel
Global Urea Market, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER’s Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trends
4. Global Urea Market, By Form, 2020-2032, (USD Mn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Granular Urea
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Prilled Urea
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Liquid Urea
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
5. Global Urea Market, By Grade Type, 2020-2032, (USD Mn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Fertilizer Grade
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Feed Grade
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Technical/Industrial Grade
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
6. Global Urea Market, By Purity Level, 2020-2032, (USD Mn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Below 90%
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
90–95%
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Above 95%
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
7. Global Urea Market, By Distribution Channel, 2020-2032, (USD Mn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Indirect
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Direct
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
8. Global Urea Market, By Region, 2020 - 2032, Value (USD Mn)
Introduction
Market Share (%) Analysis, 2025, 2028 & 2032, Value (USD Mn)
Market Y-o-Y Growth Analysis (%), 2021 - 2032, Value (USD Mn)
Regional Trends
North America
Introduction
Market Size and Forecast, By Form, 2020 - 2032, Value (USD Mn)
Market Size and Forecast, By Grade Type, 2020 - 2032, Value (USD Mn)
Market Size and Forecast, By Purity Level, 2020 - 2032, Value (USD Mn)
Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Mn)
Market Size and Forecast, By Country, 2020 - 2032, Value (USD Mn)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, By Form, 2020 - 2032, Value (USD Mn)
Market Size and Forecast, By Grade Type, 2020 - 2032, Value (USD Mn)
Market Size and Forecast, By Purity Level, 2020 - 2032, Value (USD Mn)
Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Mn)
Market Size and Forecast, By Country, 2020 - 2032, Value (USD Mn)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Introduction
Market Size and Forecast, By Form, 2020 - 2032, Value (USD Mn)
Market Size and Forecast, By Grade Type, 2020 - 2032, Value (USD Mn)
Market Size and Forecast, By Purity Level, 2020 - 2032, Value (USD Mn)
Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Mn)
Market Size and Forecast, By Country, 2020 - 2032, Value (USD Mn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, By Form, 2020 - 2032, Value (USD Mn)
Market Size and Forecast, By Grade Type, 2020 - 2032, Value (USD Mn)
Market Size and Forecast, By Purity Level, 2020 - 2032, Value (USD Mn)
Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Mn)
Market Size and Forecast, By Country, 2020 - 2032, Value (USD Mn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
Introduction
Market Size and Forecast, By Form, 2020 - 2032, Value (USD Mn)
Market Size and Forecast, By Grade Type, 2020 - 2032, Value (USD Mn)
Market Size and Forecast, By Purity Level, 2020 - 2032, Value (USD Mn)
Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Mn)
Market Size and Forecast, By Country, 2020 - 2032, Value (USD Mn)
GCC Countries
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, By Form, 2020 - 2032, Value (USD Mn)
Market Size and Forecast, By Grade Type, 2020 - 2032, Value (USD Mn)
Market Size and Forecast, By Purity Level, 2020 - 2032, Value (USD Mn)
Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Mn)
Market Size and Forecast, By Country/Region, 2020 - 2032, Value (USD Mn)
South Africa
North Africa
Central Africa
9. Competitive Landscape
CF Industries Holdings Inc
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
EuroChem Group
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
SABIC
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Yara
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
BASF
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
IFFCO
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
CNPC
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Taishan Chuanggu Group
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Nutrien Ag Solutions, Inc
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Koch Fertilizer, LLC
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Nu-Tec Specialty Products
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
LSB Industries
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Coromandel International Ltd
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
HuBei YiHua Group
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Ruixing Group Co., Ltd
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Pupuk Indonesia (Persero)
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Gujarat State Fertilizers & Chemicals Limited (GSFC)
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
NFL (a Navratna Company)
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Mangalore Chemicals & Fertilizers Limited
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
KESHARIYA CORPORATION
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
10. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
11. References and Research Methodology
References
Research Methodology
About us
*Browse 32 market data tables and 28 figures on 'Urea Market' - Global forecast to 2032
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