Press release
Prills Market to Reach USD 5.9 Billion by 2034
Prills
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Key Takeaways
• Market Size (2024): USD 3.5 Billion
• Forecast (2034): USD 5.9 Billion
• CAGR (2025-2034): 5.4%
• Key Segments: Product Type, Application, End User, and Region
• Leading Companies: Yara International ASA, BASF SE, Nutrien Ltd., CF Industries Holdings Inc., Omnia Group, Sasol Ltd., Orica Limited, and Acron Group.
Market Story
Prills - small, nearly spherical solid particles formed through spray crystallization - play a vital role in agriculture, mining, and industrial chemical processes. They are primarily used in fertilizers (urea, ammonium nitrate), explosives (ANFO), and specialty chemicals, offering consistent particle size, enhanced handling safety, and superior dissolution properties.
The agriculture industry remains the largest consumer of prills, driven by rising global food demand and the adoption of controlled-release fertilizers for enhanced soil efficiency. In parallel, the mining sector is increasing its use of prilled ammonium nitrate for safe and stable blasting operations.
Advancements in prilling tower design, fluidized bed cooling systems, and automated process control are improving production efficiency and particle uniformity. Sustainability trends are further influencing the market, with manufacturers investing in low-emission prilling technologies and eco-friendly chemical formulations.
Market Segmentation
By Product Type:
Urea Prills, Ammonium Nitrate Prills, Sulfur Prills, Others (Calcium Nitrate, Potassium Nitrate)
By Application:
Fertilizers, Explosives, Chemical Manufacturing, Others
By End User:
Agriculture, Mining, Industrial Chemicals, Pharmaceuticals
By Region:
North America, Europe, Asia Pacific, Latin America, Middle East & Africa
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Recent Developments
• Yara International ASA launched a new generation of low-dust, high-strength urea prills for sustainable fertilizer applications.
• BASF SE invested in emission-reduced prilling systems to meet evolving environmental regulations.
• Nutrien Ltd. expanded its fertilizer production capacity across North America and Asia to meet global agricultural demand.
• Orica Limited introduced safer prilled ammonium nitrate products tailored for open-pit mining operations.
• Sasol Ltd. developed energy-efficient sulfur prilling processes to support cleaner industrial chemical production.
Expert Insight
"Prills are at the crossroads of agriculture, mining, and industrial chemistry. As sustainability and efficiency dominate manufacturing priorities, the market is witnessing significant innovation in low-emission prilling and precision fertilizer solutions,"
- Lead Industrial Chemicals Analyst, Exactitude Consultancy.
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Market Drivers
• Agricultural Demand: Growing need for nitrogen-rich fertilizers to enhance crop yield.
• Mining Industry Expansion: Increased consumption of ammonium nitrate prills for explosives.
• Technological Advancements: Modern prilling towers enabling higher throughput and safety.
• Sustainability Trends: Shift toward eco-friendly fertilizers and low-carbon chemical processes.
Forecast & Regional Insights
Asia Pacific dominates the global prills market, accounting for over 46% revenue share in 2024, driven by strong fertilizer consumption in India, China, and Southeast Asia. North America and Europe follow, supported by industrial chemical production and mining operations. The Middle East & Africa region is emerging as a significant growth hub, supported by investments in urea and ammonium nitrate manufacturing facilities.
Conclusion
The prills market is on a steady upward trajectory as industries pursue productivity, safety, and sustainability. With innovations in process automation and green manufacturing, prilled fertilizers and chemicals will remain integral to global agriculture, mining, and industrial applications throughout the next decade.
This report is also available in the following languages : Japanese (プリルス市場), Korean (프릴스 마켓), Chinese (普里尔斯市场), French (Marché des Prils), German (Prils Markt), and Italian (Mercato di Prils), etc.
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