openPR Logo
Press release

Urea Market is to grow at a 2.8 % CAGR, with the United States leading the market through 2030

Urea Market

Urea Market

Urea Market to Hit USD 53.69 Bn by 2030

The Urea Market was USD 44.25 Bn in 2024 and is expected to expand at a CAGR of 2.8 % from 2024 to 2030, reaching USD 53.69 Bn by 2030. Urea is crucial for increasing agricultural yield as a main nitrogen fertilizer, which raises the need for urea. The need for urea to raise crop yields and improve soil fertility is growing as agricultural operations expand, especially in emerging nations. Governments in several countries subsidize urea to ensure that farmers can buy it at affordable prices, particularly in emerging countries like China, Brazil, and India. The United States the urea market is anticipated to grow at a Compound Annual Growth Rate of 5.58% between 2024 and 2032.

Request Sample Link For More Details:https://www.maximizemarketresearch.com/request-sample/26788/

Urea Market Segmentation

By Grade: The fertilizer Grade Urea segment holds the most market share for urea. It is one of the best nitrogen fertilizers for increasing soil fertility and encouraging plant development since it contains around 46% nitrogen. Feed Grade Urea is utilized as a non-protein source of nitrogen for ruminants, such as goats, sheep, and cattle, in the animal feed business.

By End User: In the Agriculture segment urea is widely used in the production of grain and vegetable crops, including maize, rice, and wheat. In the chemical sector, urea is utilized to create urea-formaldehyde resins, which are utilized in paints, adhesives, and polymers. In the medical sector especially in dermatology, where it is used topically to psoriasis, eczema, and dry skin.

Want to access more insights? The journey starts from requesting Sample :https://www.maximizemarketresearch.com/request-sample/26788/

Urea Market Regional Analysis

The United States Urea market is anticipated to reach over USD 14.40 billion by 2030. Urea output in the United States increased from 3.2% to 5.8 million tons as compared to 2024. CF Industries held the largest urea production capacity in the U.S., exceeding 6.21 million tons. CF Industries Holdings, Inc., and CF Industries Holdings, Inc. are the major key players in the US market.

The German urea market was estimated to be worth USD 5.31 billion in 2024. Germany is anticipated to export around 1.5 billion kg of urea, representing a 2% annual growth. German urea prices fell 1.5% in May 2024 as a result of lower demand brought on by unfavorable weather and falling ammonia feedstock prices.

China's daily urea production is projected to be between 180,000 and 186,000 tons, with a marginal rise in average daily production over prior weeks. In August 2024, urea shipments fell 92% year over year as a result of China's severe export controls. Urea prices rose 14.8% in February 2025 after a period of low demand and weak pricing.

To Gain More Insights into the Market Analysis, Browse Summary of the Research Report : https://www.maximizemarketresearch.com/market-report/global-urea-market/26788/

Urea Market Competitive Landscape

CF Industries Holdings, Inc.: In December 2023, Incitec Pivot Limited (IPL) sold the Waggaman, Louisiana, ammonia manufacturing plant to CF Industries for $1.675 billion. Terra Industries Inc., a significant manufacturer of nitrogen fertilizer, was acquired by CF Industries for approximately $4.7 billion.

Yara International ASA: In December 2023, Yara acquired Agribios Italiana's organic fertilizer company in Italy. Greenbelt Fertilizers, a well-known fertilizer distributor in Zambia, Malawi, and Mozambique, was acquired by Yara for $51 million.

Nutrien Ltd.: In June 2024, Suncor Energy's AgroScience assets were acquired by Nutrien Ag Solutions, a Nutrien affiliate. In February 2023, Casa do Adubo, a well-known retail fertilizer firm in Brazil, was fully acquired by Nutrien.

Conclusion

The urea market has a bright future, but it will be impacted by regulatory changes, technological developments, and the status of the economy as a whole.

Boost your expertise with the latest research insights from Maximize Market Research:

♦ Global Expanded Graphite Market : https://www.researchgate.net/publication/390000111_Expanded_Graphite_Market_Poised_for_76_CAGR_Growth_Reaching_USD_54813_Mn_by_2030?_sg=v-LHLtF126Rimkd5y2hs1ylsXbwwlxDmBHrHoxRKAXpcEksC9puuiLwD-VOBnet8O882JLrofhen3sZaQp8bBoAE2QMNUs4TbbJUvv3O.vVwbB_CvITg1DjL_3ZASamxlBYer9-XeDz4iKAs4FBHjpLC55U9KVgHQ0xiiTMB2xv-CUIDYUYjv4yZpjPUgTg&_tp=eyJjb250ZXh0Ijp7ImZpcnN0UGFnZSI6ImhvbWUiLCJwYWdlIjoiX2RpcmVjdCJ9fQ

♦ Global Precious Metals Market : https://www.researchgate.net/publication/389977991_Precious_Metals_Market_Growth_at_91_CAGR_-_Forecast_Analysis?_sg=HqZQ5-Y9xFKofNBWM2gbBvLuO2fsfY8qvBPYs6OKd7TF7XJE0mbdtyGoMtWzbnDY1VJlrOcWgzOCog82CM2CLeVAVgPDYC60847_c61n.VmUEaztRfyilKJboKDuRGheIvmVwTYlMq12uNiiM_Zh4kXch0KQkb1FNM-ipWbYkrUDF0IRKSA4ScSuNJ4el5w&_tp=eyJjb250ZXh0Ijp7ImZpcnN0UGFnZSI6ImhvbWUiLCJwYWdlIjoiX2RpcmVjdCJ9fQ

♦ Nickel Cadmium Battery Market https://www.maximizemarketresearch.com/market-report/nickel-cadmium-battery-market/225429/

♦ Water Electrolysis Market https://www.maximizemarketresearch.com/market-report/water-electrolysis-market/221915/

♦ Global Solar Panel Coatings Market https://www.maximizemarketresearch.com/market-report/global-solar-panel-coatings-market/23688/

♦ Global White Cement Market https://www.maximizemarketresearch.com/market-report/global-white-cement-market/16621/

Contact Maximize Market Research:

MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
✆ +91 9607365656
🖂 sales@maximizemarketresearch.com
🌐 www.maximizemarketresearch.com

About Maximize Market Research:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Urea Market is to grow at a 2.8 % CAGR, with the United States leading the market through 2030 here

News-ID: 3928518 • Views:

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD

Japan Waste Management and Recycling Market Size to Expand at a CAGR of 12.9 % During the Forecast Period of 2024 to 2030
Japan Waste Management and Recycling Market Size to Expand at a CAGR of 12.9 % D …
The Japan Waste Management and Recycling Market size was valued at USD 20.30 Billion in 2023 and the total Japan Waste Management and Recycling Market revenue is expected to grow at a CAGR of 12.9 % from 2024 to 2030, reaching nearly USD 47.46 Billion. Japan Waste Management and Recycling Market Overview: Japan's waste management and recycling sector is undergoing a significant transformation, driven by the nation's commitment to environmental sustainability and
High Temperature Overhead Conductor Market Expected To Reach USD 296.89 Mn by 2032, Expanding at a CAGR of 5.32% from 2025 to 2032
High Temperature Overhead Conductor Market Expected To Reach USD 296.89 Mn by 20 …
The High Temperature Overhead Conductor Market size was valued at USD 206.55 Million in 2023 and the total High Temperature Overhead Conductor revenue is expected to grow at a CAGR of 5.32% from 2024 to 2030, reaching nearly USD 296.89 Million. High Temperature Overhead Conductor Market Overview: The global energy sector is undergoing a transformative shift, with high-temperature overhead conductors (HTOCs) emerging as a pivotal solution for enhancing power transmission efficiency. These
Geoengineering Market Estimated To Expand at a CAGR of 15.5 % in the Forecast Period of 2024 to 2030
Geoengineering Market Estimated To Expand at a CAGR of 15.5 % in the Forecast Pe …
The Geoengineering Market size was valued at US 23.9 Bn in 2023 and market revenue is growing at a CAGR of 15.5 % from 2024 to 2030, reaching nearly USD 65.53 Bn by 2030. Geoengineering Market Overview: The global geoengineering market is witnessing significant growth, driven by escalating climate change concerns and the urgent need for innovative environmental solutions. Geoengineering encompasses deliberate interventions in Earth's natural systems to counteract climate change effects,
Wearable Technology Components Market Expected To Reach USD 427.36 Bn by 2030, with a CAGR of 17.23% from 2024 to 2030
Wearable Technology Components Market Expected To Reach USD 427.36 Bn by 2030, w …
The Wearable Technology Components Market size is projected to reach US$ 427.36 Bn. by end of 2030, at a CAGR of 17.23%. Wearable Technology Components Market Overview: The global wearable technology components market is experiencing a significant upswing, propelled by the increasing demand for smart devices in sectors such as fitness, healthcare, and infotainment. Advancements in mobile networks and the proliferation of applications like telemedicine and navigation are further fueling this growth.

All 5 Releases


More Releases for Urea

Polymer Sulphur Coated Urea Accounts for Over 90% of the Sales of Global Sulphur …
The impact of the COVID-19 outbreak has compelled several manufacturers and industries to rethink their operations to gradually recover from the losses incurred for years to come. The organic chemicals industry suffered a huge setback due to halted production and a limited supply of raw materials. The report offers actionable and valuable market insights of Polymer Sulphur Coated Urea. The latest report by Fact.MR provides details on the present scenario of the
Urea Market Worth Observing Growth | QAFCO, Yara, KOCH
AMA Research published a new research publication on "Urea Market Insights, to 2025" with 150+pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Urea market was mainly driven by the increasing R&D spending across the world, however latest COVID scenario and economic slowdown have changed complete
Urea Market Analysis by Type (Granular urea and Small particles of urea) and App …
Market Research Report on “Urea” Industry providing Global Market Landscape, Profiles of Leading Companies, Customized Competitive Intelligence, Detailed Geographical Coverage and its Growth Prospects over the coming years till 2025 is now available at ReportsWeb.com. The Global Urea Market Research Report is a professional and in-depth study on the current state of the Urea industry. Urea, also known as carbamide, is an organic compound with chemical formula CO (NH2) 2. This
Global Survey - Urea-SCR System Market Forecast 2018-2025 Albonair, Yara, ContiT …
A comprehensive market study on "Global Urea-SCR System Market 2018-2025" examines the performance of the Urea-SCR System market. It encloses an in-depth Research of the Urea-SCR System market state and the competitive landscape globally. This report analyzes the potential of Urea-SCR System market in the present and the future prospects from various angles in detail. Leading Manufacturers Analysis such as - Yara, Diesel Exhaust Fluid Urea, Albonair, Rochling, ContiTech, Zhejiang Yinlun
Urea-SCR System Market Report 2017- Yara, Diesel Exhaust Fluid Urea, Albonair
Apex Research, recently published a detailed market research study focused on the "Urea-SCR System Market" across the global, regional and country level. The report provides 360° analysis of "Urea-SCR System Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Urea-SCR System industry, and estimates the future trend of Urea-SCR System market on
Global Urea Market Research Report 2017 Industry Research & SWOT Analysis of URE …
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Urea in these regions, from 2012 to 2022 (forecast), covering North America Europe China Japan Southeast Asia India Global Urea market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including BASF Corporation BIP (Oldbury) Limited Chemiplastica, Inc. Jiangsu Sanmu Group Corporation To Get a Free Sample Copy of this Report Visit