Urea Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2030)

The report covers Global Urea Market Size & Production and the market is segmented by Specialty Type (CRF, SRF) , by Crop Type (Field Crops, Horticultural Crops, Turf & Ornamental) , by Form (Conventional, Specialty) and by Region (Asia-Pacific, Europe, Middle East & Africa, North America, South America)

Urea Market Size

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https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2016 - 2030
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 72.07 Billion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2030) USD 106.72 Billion
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Crop Type Field Crops
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2030) 6.76 %
https://s3.mordorintelligence.com/globe/1629285706162_test~globe_globe.svg Largest Share by Region Asia-Pacific

Major Players

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*Disclaimer: Major Players sorted in no particular order

Key Players

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Urea Market Analysis

The Global Urea Market size is estimated at USD 72.07 billion in 2024, and is expected to reach USD 106.72 billion by 2030, growing at a CAGR of 6.76% during the forecast period (2024-2030).

  • Largest By Type - Straight : Conventional urea is the most consumed fertilizer globally, as nitrogen is the most yield-limiting nutrient for crop growth, and farmers are highly adapted to its usage.
  • Largest by Coating Type - Polymer Coated : The polymer-coated fertilizers release the nutrients for a longer duration and decrease the leaching losses of fertilizers in the soil. They also reduce the application rate.
  • Largest By Crop Type - Field Crops : Field crops are widely cultivated worldwide and are a staple food in many parts of the world. They account for a maximum share by area in most agricultural countries.

Urea Market Trends

This section covers the major market trends shaping the Urea Market according to our research experts:

Field Crops is the largest segment by Crop Type.

  • Field crops, on average, require more nitrogen than other crop types. Field crop cultivation dominates the global agricultural landscape, accounting for more than 95.0% of all agricultural land. Rice, wheat, and corn are the world's most important field crops, accounting for about 38.0% of total agricultural land. Field crops dominate the global urea market, accounting for about 86.1% of the market value, amounting to around USD 39.27 billion in 2021. The Asia-Pacific region dominates the market for field crops.
  • Horticultural crops accounted for about 10.7% of the total market value of urea fertilizers, amounting to around USD 4.96 billion in 2021. There is an increasing demand for fruits and vegetables around the world, particularly after the pandemic. The Asia-Pacific region dominates the urea fertilizer market for horticultural crops, primarily due to the extensive cultivation of horticultural crops in the region.
  • North America dominates the urea fertilizer market in turf and ornamental crops. Turf and ornamental crops accounted for about 60.9% of the total market value, amounting to around USD 786.4 million in 2021. The presence of a large number of golf courses, sports clubs, and private lawn areas contributes to the region's dominance by share. Turf grass, for example, covers about 15.0 million hectares of land in the United States, which includes all stadiums, lawns, and parks.
  • In terms of field and horticultural crops, the Asia-Pacific region is anticipated to grow at a faster rate due to the large availability of agricultural land. The turf and the ornamental segment is growing in the North American and European regions.
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Asia-Pacific is the largest segment by Region.

  • The global urea fertilizers market was valued at USD 45.52 billion in 2021, recording a volume consumption of 114.6 million metric tons. 
  • The urea market in the region occupies the largest share, accounting for 63% of the market in 2021. It is estimated to register a CAGR of 5.25% during the forecast period. With the increase in population, developments in the agriculture industries are taking place regionally, resulting in an increase in consumption, thereby driving the market.
  • By country, China and India accounted for 53.8% and 19.5% of the market in 2021. Consumption growth is mainly driven by the demand for urea as a direct application fertilizer, accounting for more than 90% of the total urea consumption in these countries. Hence, the urea market in these regions is anticipated to grow significantly during the forecast period.
  • North America accounted for 8.8% of the total global urea market. The consumption of urea in 2021 was 8.9 million metric tons, which increased from 8.4 million metric tons in 2017. Despite the decrease in the area under cultivation, there was an increase in the consumption of urea from 46.6 million hectares in 2017 to 45.7 million hectares in 2021. This trend was observed due to the higher usage of fertilizers to increase the yield and productivity of the crop in the available land area.
  • Based on the aforementioned factors and the need for enhanced productivity to feed the increasing population, the demand for urea is expected to increase, thereby boosting the market significantly during the forecast period.
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Urea Industry Overview

The Global Urea Market is fragmented, with the top five companies occupying 18.90%. The major players in this market are CF Industries Holdings Inc, EuroChem Group, IFFCO, Nutrien Limited and Yara (sorted alphabetically).

Urea Market Leaders

  1. CF Industries Holdings Inc

  2. EuroChem Group

  3. IFFCO

  4. Nutrien Limited

  5. Yara

*Disclaimer: Major Players sorted in no particular order

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Urea Market News

  • March 2022: EuroChem Group announced that it has completed the purchase of the share holding control of Brazilian distributor Fertilizantes Heringer SA, with 51.48% of the shares, further strengthening its production and distribution capacity in Brazil.
  • June 2021: Uralchem and Innopraktika signed a cooperation agreement with the goal of introduction of new technologies in the agro industrial complex.
  • September 2020: CF industries Holdings Inc. completed its expansion into Donaldsonville, Louisiana, and made an investment of USD 41.4 million capital to enhance nitric acid production at the world's-largest nitrogen fertilizer complex in Donaldsonville, Louisiana.

Urea Market Report - Table of Contents

  1. 1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. 2. REPORT OFFERS

  3. 3. INTRODUCTION

    1. 3.1. Study Assumptions & Market Definition

    2. 3.2. Scope of the Study

    3. 3.3. Research Methodology

  4. 4. KEY INDUSTRY TRENDS

    1. 4.1. Acreage Of Major Crop Types

    2. 4.2. Average Nutrient Application Rates

    3. 4.3. Regulatory Framework

    4. 4.4. Value Chain & Distribution Channel Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1. Speciality Type

      1. 5.1.1. CRF

        1. 5.1.1.1. Polymer Coated

        2. 5.1.1.2. Polymer-Sulfur Coated

        3. 5.1.1.3. Others

      2. 5.1.2. SRF

    2. 5.2. Crop Type

      1. 5.2.1. Field Crops

      2. 5.2.2. Horticultural Crops

      3. 5.2.3. Turf & Ornamental

    3. 5.3. Form

      1. 5.3.1. Conventional

      2. 5.3.2. Speciality

    4. 5.4. Region

      1. 5.4.1. Asia-Pacific

        1. 5.4.1.1. Australia

        2. 5.4.1.2. Bangladesh

        3. 5.4.1.3. China

        4. 5.4.1.4. India

        5. 5.4.1.5. Indonesia

        6. 5.4.1.6. Japan

        7. 5.4.1.7. Pakistan

        8. 5.4.1.8. Philippines

        9. 5.4.1.9. Thailand

        10. 5.4.1.10. Vietnam

        11. 5.4.1.11. Rest Of Asia-Pacific

      2. 5.4.2. Europe

        1. 5.4.2.1. France

        2. 5.4.2.2. Germany

        3. 5.4.2.3. Italy

        4. 5.4.2.4. Netherlands

        5. 5.4.2.5. Russia

        6. 5.4.2.6. Spain

        7. 5.4.2.7. Ukraine

        8. 5.4.2.8. United Kingdom

        9. 5.4.2.9. Rest Of Europe

      3. 5.4.3. Middle East & Africa

        1. 5.4.3.1. Nigeria

        2. 5.4.3.2. Saudi Arabia

        3. 5.4.3.3. South Africa

        4. 5.4.3.4. Turkey

        5. 5.4.3.5. Rest Of Middle East & Africa

      4. 5.4.4. North America

        1. 5.4.4.1. Canada

        2. 5.4.4.2. Mexico

        3. 5.4.4.3. United States

        4. 5.4.4.4. Rest Of North America

      5. 5.4.5. South America

        1. 5.4.5.1. Argentina

        2. 5.4.5.2. Brazil

        3. 5.4.5.3. Rest Of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1. Key Strategic Moves

    2. 6.2. Market Share Analysis

    3. 6.3. Company Landscape

    4. 6.4. Company Profiles

      1. 6.4.1. CF Industries Holdings Inc

      2. 6.4.2. Coromandel International

      3. 6.4.3. EuroChem Group

      4. 6.4.4. IFFCO

      5. 6.4.5. Koch Fertilizer LLC

      6. 6.4.6. Nutrien Limited

      7. 6.4.7. OCI NV

      8. 6.4.8. SABIC

      9. 6.4.9. URALCHEM JSC

      10. 6.4.10. Yara

  7. 7. KEY STRATEGIC QUESTIONS FOR FERTILIZER CEOS

  8. 8. APPENDIX

    1. 8.1. Global Overview

      1. 8.1.1. Overview

      2. 8.1.2. Porter's Five Forces Framework

      3. 8.1.3. Global Value Chain Analysis

      4. 8.1.4. Market Dynamics (DROs)

    2. 8.2. Sources & References

    3. 8.3. List of Tables & Figures

    4. 8.4. Primary Insights

    5. 8.5. Data Pack

    6. 8.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. GLOBAL MARKET, AREA YOY GROWTH RATE, 2016 - 2021
  1. Figure 2:  
  2. GLOBAL MARKET, AREA YOY GROWTH RATE, 2016 - 2021
  1. Figure 3:  
  2. GLOBAL UREA MARKET, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 4:  
  2. GLOBAL UREA MARKET, VALUE, USD, 2016 - 2028
  1. Figure 5:  
  2. GLOBAL UREA MARKET, BY SPECIALITY TYPE, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 6:  
  2. GLOBAL UREA MARKET, BY SPECIALITY TYPE, VALUE, USD, 2016 - 2028
  1. Figure 7:  
  2. GLOBAL UREA MARKET, VOLUME SHARE(%), BY SPECIALITY TYPE, 2016 - 2028
  1. Figure 8:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY SPECIALITY TYPE, 2016 - 2028
  1. Figure 9:  
  2. GLOBAL UREA MARKET, BY COATING TYPE, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 10:  
  2. GLOBAL UREA MARKET, BY COATING TYPE, VALUE, USD, 2016 - 2028
  1. Figure 11:  
  2. GLOBAL UREA MARKET, VOLUME SHARE(%), BY COATING TYPE, 2016 - 2028
  1. Figure 12:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY COATING TYPE, 2016 - 2028
  1. Figure 13:  
  2. GLOBAL UREA MARKET, BY COATING TYPE, POLYMER COATED, METRIC TON, 2016 - 2028
  1. Figure 14:  
  2. GLOBAL UREA MARKET, BY COATING TYPE, POLYMER COATED, USD, 2016 - 2028
  1. Figure 15:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 16:  
  2. GLOBAL UREA MARKET, BY COATING TYPE, POLYMER-SULFUR COATED, METRIC TON, 2016 - 2028
  1. Figure 17:  
  2. GLOBAL UREA MARKET, BY COATING TYPE, POLYMER-SULFUR COATED, USD, 2016 - 2028
  1. Figure 18:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 19:  
  2. GLOBAL UREA MARKET, BY COATING TYPE, OTHERS, METRIC TON, 2016 - 2028
  1. Figure 20:  
  2. GLOBAL UREA MARKET, BY COATING TYPE, OTHERS, USD, 2016 - 2028
  1. Figure 21:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 22:  
  2. GLOBAL UREA MARKET, BY SPECIALITY TYPE, SRF, METRIC TON, 2016 - 2028
  1. Figure 23:  
  2. GLOBAL UREA MARKET, BY SPECIALITY TYPE, SRF, USD, 2016 - 2028
  1. Figure 24:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 25:  
  2. GLOBAL UREA MARKET, BY CROP TYPE, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 26:  
  2. GLOBAL UREA MARKET, BY CROP TYPE, VALUE, USD, 2016 - 2028
  1. Figure 27:  
  2. GLOBAL UREA MARKET, VOLUME SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 28:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 29:  
  2. GLOBAL UREA MARKET, BY CROP TYPE, FIELD CROPS, METRIC TON, 2016 - 2028
  1. Figure 30:  
  2. GLOBAL UREA MARKET, BY CROP TYPE, FIELD CROPS, USD, 2016 - 2028
  1. Figure 31:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY SPECIALITY TYPE, 2016 - 2028
  1. Figure 32:  
  2. GLOBAL UREA MARKET, BY CROP TYPE, HORTICULTURAL CROPS, METRIC TON, 2016 - 2028
  1. Figure 33:  
  2. GLOBAL UREA MARKET, BY CROP TYPE, HORTICULTURAL CROPS, USD, 2016 - 2028
  1. Figure 34:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY SPECIALITY TYPE, 2016 - 2028
  1. Figure 35:  
  2. GLOBAL UREA MARKET, BY CROP TYPE, TURF & ORNAMENTAL, METRIC TON, 2016 - 2028
  1. Figure 36:  
  2. GLOBAL UREA MARKET, BY CROP TYPE, TURF & ORNAMENTAL, USD, 2016 - 2028
  1. Figure 37:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY SPECIALITY TYPE, 2016 - 2028
  1. Figure 38:  
  2. GLOBAL UREA MARKET, BY FORM, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 39:  
  2. GLOBAL UREA MARKET, BY FORM, VALUE, USD, 2016 - 2028
  1. Figure 40:  
  2. GLOBAL UREA MARKET, VOLUME SHARE(%), BY FORM, 2016 - 2028
  1. Figure 41:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY FORM, 2016 - 2028
  1. Figure 42:  
  2. GLOBAL UREA MARKET, BY FORM, CONVENTIONAL, METRIC TON, 2016 - 2028
  1. Figure 43:  
  2. GLOBAL UREA MARKET, BY FORM, CONVENTIONAL, USD, 2016 - 2028
  1. Figure 44:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 45:  
  2. GLOBAL UREA MARKET, BY FORM, SPECIALITY, METRIC TON, 2016 - 2028
  1. Figure 46:  
  2. GLOBAL UREA MARKET, BY FORM, SPECIALITY, USD, 2016 - 2028
  1. Figure 47:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 48:  
  2. GLOBAL UREA MARKET, BY REGION, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 49:  
  2. GLOBAL UREA MARKET, BY REGION, VALUE, USD, 2016 - 2028
  1. Figure 50:  
  2. GLOBAL UREA MARKET, VOLUME SHARE(%), BY REGION, 2016 - 2028
  1. Figure 51:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY REGION, 2016 - 2028
  1. Figure 52:  
  2. GLOBAL UREA MARKET, BY COUNTRY, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 53:  
  2. GLOBAL UREA MARKET, BY COUNTRY, VALUE, USD, 2016 - 2028
  1. Figure 54:  
  2. GLOBAL UREA MARKET, VOLUME SHARE(%), BY COUNTRY, 2016 - 2028
  1. Figure 55:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY COUNTRY, 2016 - 2028
  1. Figure 56:  
  2. GLOBAL UREA MARKET, BY COUNTRY, AUSTRALIA, METRIC TON, 2016 - 2028
  1. Figure 57:  
  2. GLOBAL UREA MARKET, BY COUNTRY, AUSTRALIA, USD, 2016 - 2028
  1. Figure 58:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 59:  
  2. GLOBAL UREA MARKET, BY COUNTRY, BANGLADESH, METRIC TON, 2016 - 2028
  1. Figure 60:  
  2. GLOBAL UREA MARKET, BY COUNTRY, BANGLADESH, USD, 2016 - 2028
  1. Figure 61:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 62:  
  2. GLOBAL UREA MARKET, BY COUNTRY, CHINA, METRIC TON, 2016 - 2028
  1. Figure 63:  
  2. GLOBAL UREA MARKET, BY COUNTRY, CHINA, USD, 2016 - 2028
  1. Figure 64:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 65:  
  2. GLOBAL UREA MARKET, BY COUNTRY, INDIA, METRIC TON, 2016 - 2028
  1. Figure 66:  
  2. GLOBAL UREA MARKET, BY COUNTRY, INDIA, USD, 2016 - 2028
  1. Figure 67:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 68:  
  2. GLOBAL UREA MARKET, BY COUNTRY, INDONESIA, METRIC TON, 2016 - 2028
  1. Figure 69:  
  2. GLOBAL UREA MARKET, BY COUNTRY, INDONESIA, USD, 2016 - 2028
  1. Figure 70:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 71:  
  2. GLOBAL UREA MARKET, BY COUNTRY, JAPAN, METRIC TON, 2016 - 2028
  1. Figure 72:  
  2. GLOBAL UREA MARKET, BY COUNTRY, JAPAN, USD, 2016 - 2028
  1. Figure 73:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 74:  
  2. GLOBAL UREA MARKET, BY COUNTRY, PAKISTAN, METRIC TON, 2016 - 2028
  1. Figure 75:  
  2. GLOBAL UREA MARKET, BY COUNTRY, PAKISTAN, USD, 2016 - 2028
  1. Figure 76:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 77:  
  2. GLOBAL UREA MARKET, BY COUNTRY, PHILIPPINES, METRIC TON, 2016 - 2028
  1. Figure 78:  
  2. GLOBAL UREA MARKET, BY COUNTRY, PHILIPPINES, USD, 2016 - 2028
  1. Figure 79:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 80:  
  2. GLOBAL UREA MARKET, BY COUNTRY, THAILAND, METRIC TON, 2016 - 2028
  1. Figure 81:  
  2. GLOBAL UREA MARKET, BY COUNTRY, THAILAND, USD, 2016 - 2028
  1. Figure 82:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 83:  
  2. GLOBAL UREA MARKET, BY COUNTRY, VIETNAM, METRIC TON, 2016 - 2028
  1. Figure 84:  
  2. GLOBAL UREA MARKET, BY COUNTRY, VIETNAM, USD, 2016 - 2028
  1. Figure 85:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 86:  
  2. GLOBAL UREA MARKET, BY COUNTRY, REST OF ASIA-PACIFIC, METRIC TON, 2016 - 2028
  1. Figure 87:  
  2. GLOBAL UREA MARKET, BY COUNTRY, REST OF ASIA-PACIFIC, USD, 2016 - 2028
  1. Figure 88:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 89:  
  2. GLOBAL UREA MARKET, BY COUNTRY, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 90:  
  2. GLOBAL UREA MARKET, BY COUNTRY, VALUE, USD, 2016 - 2028
  1. Figure 91:  
  2. GLOBAL UREA MARKET, VOLUME SHARE(%), BY COUNTRY, 2016 - 2028
  1. Figure 92:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY COUNTRY, 2016 - 2028
  1. Figure 93:  
  2. GLOBAL UREA MARKET, BY COUNTRY, FRANCE, METRIC TON, 2016 - 2028
  1. Figure 94:  
  2. GLOBAL UREA MARKET, BY COUNTRY, FRANCE, USD, 2016 - 2028
  1. Figure 95:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 96:  
  2. GLOBAL UREA MARKET, BY COUNTRY, GERMANY, METRIC TON, 2016 - 2028
  1. Figure 97:  
  2. GLOBAL UREA MARKET, BY COUNTRY, GERMANY, USD, 2016 - 2028
  1. Figure 98:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 99:  
  2. GLOBAL UREA MARKET, BY COUNTRY, ITALY, METRIC TON, 2016 - 2028
  1. Figure 100:  
  2. GLOBAL UREA MARKET, BY COUNTRY, ITALY, USD, 2016 - 2028
  1. Figure 101:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 102:  
  2. GLOBAL UREA MARKET, BY COUNTRY, NETHERLANDS, METRIC TON, 2016 - 2028
  1. Figure 103:  
  2. GLOBAL UREA MARKET, BY COUNTRY, NETHERLANDS, USD, 2016 - 2028
  1. Figure 104:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 105:  
  2. GLOBAL UREA MARKET, BY COUNTRY, RUSSIA, METRIC TON, 2016 - 2028
  1. Figure 106:  
  2. GLOBAL UREA MARKET, BY COUNTRY, RUSSIA, USD, 2016 - 2028
  1. Figure 107:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 108:  
  2. GLOBAL UREA MARKET, BY COUNTRY, SPAIN, METRIC TON, 2016 - 2028
  1. Figure 109:  
  2. GLOBAL UREA MARKET, BY COUNTRY, SPAIN, USD, 2016 - 2028
  1. Figure 110:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 111:  
  2. GLOBAL UREA MARKET, BY COUNTRY, UKRAINE, METRIC TON, 2016 - 2028
  1. Figure 112:  
  2. GLOBAL UREA MARKET, BY COUNTRY, UKRAINE, USD, 2016 - 2028
  1. Figure 113:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 114:  
  2. GLOBAL UREA MARKET, BY COUNTRY, UNITED KINGDOM, METRIC TON, 2016 - 2028
  1. Figure 115:  
  2. GLOBAL UREA MARKET, BY COUNTRY, UNITED KINGDOM, USD, 2016 - 2028
  1. Figure 116:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 117:  
  2. GLOBAL UREA MARKET, BY COUNTRY, REST OF EUROPE, METRIC TON, 2016 - 2028
  1. Figure 118:  
  2. GLOBAL UREA MARKET, BY COUNTRY, REST OF EUROPE, USD, 2016 - 2028
  1. Figure 119:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 120:  
  2. GLOBAL UREA MARKET, BY COUNTRY, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 121:  
  2. GLOBAL UREA MARKET, BY COUNTRY, VALUE, USD, 2016 - 2028
  1. Figure 122:  
  2. GLOBAL UREA MARKET, VOLUME SHARE(%), BY COUNTRY, 2016 - 2028
  1. Figure 123:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY COUNTRY, 2016 - 2028
  1. Figure 124:  
  2. GLOBAL UREA MARKET, BY COUNTRY, NIGERIA, METRIC TON, 2016 - 2028
  1. Figure 125:  
  2. GLOBAL UREA MARKET, BY COUNTRY, NIGERIA, USD, 2016 - 2028
  1. Figure 126:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 127:  
  2. GLOBAL UREA MARKET, BY COUNTRY, SAUDI ARABIA, METRIC TON, 2016 - 2028
  1. Figure 128:  
  2. GLOBAL UREA MARKET, BY COUNTRY, SAUDI ARABIA, USD, 2016 - 2028
  1. Figure 129:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 130:  
  2. GLOBAL UREA MARKET, BY COUNTRY, SOUTH AFRICA, METRIC TON, 2016 - 2028
  1. Figure 131:  
  2. GLOBAL UREA MARKET, BY COUNTRY, SOUTH AFRICA, USD, 2016 - 2028
  1. Figure 132:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 133:  
  2. GLOBAL UREA MARKET, BY COUNTRY, TURKEY, METRIC TON, 2016 - 2028
  1. Figure 134:  
  2. GLOBAL UREA MARKET, BY COUNTRY, TURKEY, USD, 2016 - 2028
  1. Figure 135:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 136:  
  2. GLOBAL UREA MARKET, BY COUNTRY, REST OF MIDDLE EAST & AFRICA, METRIC TON, 2016 - 2028
  1. Figure 137:  
  2. GLOBAL UREA MARKET, BY COUNTRY, REST OF MIDDLE EAST & AFRICA, USD, 2016 - 2028
  1. Figure 138:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 139:  
  2. GLOBAL UREA MARKET, BY COUNTRY, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 140:  
  2. GLOBAL UREA MARKET, BY COUNTRY, VALUE, USD, 2016 - 2028
  1. Figure 141:  
  2. GLOBAL UREA MARKET, VOLUME SHARE(%), BY COUNTRY, 2016 - 2028
  1. Figure 142:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY COUNTRY, 2016 - 2028
  1. Figure 143:  
  2. GLOBAL UREA MARKET, BY COUNTRY, CANADA, METRIC TON, 2016 - 2028
  1. Figure 144:  
  2. GLOBAL UREA MARKET, BY COUNTRY, CANADA, USD, 2016 - 2028
  1. Figure 145:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 146:  
  2. GLOBAL UREA MARKET, BY COUNTRY, MEXICO, METRIC TON, 2016 - 2028
  1. Figure 147:  
  2. GLOBAL UREA MARKET, BY COUNTRY, MEXICO, USD, 2016 - 2028
  1. Figure 148:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 149:  
  2. GLOBAL UREA MARKET, BY COUNTRY, UNITED STATES, METRIC TON, 2016 - 2028
  1. Figure 150:  
  2. GLOBAL UREA MARKET, BY COUNTRY, UNITED STATES, USD, 2016 - 2028
  1. Figure 151:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 152:  
  2. GLOBAL UREA MARKET, BY COUNTRY, REST OF NORTH AMERICA, METRIC TON, 2016 - 2028
  1. Figure 153:  
  2. GLOBAL UREA MARKET, BY COUNTRY, REST OF NORTH AMERICA, USD, 2016 - 2028
  1. Figure 154:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 155:  
  2. GLOBAL UREA MARKET, BY COUNTRY, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 156:  
  2. GLOBAL UREA MARKET, BY COUNTRY, VALUE, USD, 2016 - 2028
  1. Figure 157:  
  2. GLOBAL UREA MARKET, VOLUME SHARE(%), BY COUNTRY, 2016 - 2028
  1. Figure 158:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY COUNTRY, 2016 - 2028
  1. Figure 159:  
  2. GLOBAL UREA MARKET, BY COUNTRY, ARGENTINA, METRIC TON, 2016 - 2028
  1. Figure 160:  
  2. GLOBAL UREA MARKET, BY COUNTRY, ARGENTINA, USD, 2016 - 2028
  1. Figure 161:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 162:  
  2. GLOBAL UREA MARKET, BY COUNTRY, BRAZIL, METRIC TON, 2016 - 2028
  1. Figure 163:  
  2. GLOBAL UREA MARKET, BY COUNTRY, BRAZIL, USD, 2016 - 2028
  1. Figure 164:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 165:  
  2. GLOBAL UREA MARKET, BY COUNTRY, REST OF SOUTH AMERICA, METRIC TON, 2016 - 2028
  1. Figure 166:  
  2. GLOBAL UREA MARKET, BY COUNTRY, REST OF SOUTH AMERICA, USD, 2016 - 2028
  1. Figure 167:  
  2. GLOBAL UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 168:  
  2. GLOBAL UREA MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021
  1. Figure 169:  
  2. GLOBAL UREA MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021
  1. Figure 170:  
  2. GLOBAL UREA MARKET SHARE(%), BY MAJOR PLAYERS, 2021

Urea Industry Segmentation

CRF, SRF are covered as segments by Speciality Type. Field Crops, Horticultural Crops, Turf & Ornamental are covered as segments by Crop Type. Conventional, Speciality are covered as segments by Form. Asia-Pacific, Europe, Middle East & Africa, North America, South America are covered as segments by Region.
Speciality Type
CRF
Polymer Coated
Polymer-Sulfur Coated
Others
SRF
Crop Type
Field Crops
Horticultural Crops
Turf & Ornamental
Form
Conventional
Speciality
Region
Asia-Pacific
Australia
Bangladesh
China
India
Indonesia
Japan
Pakistan
Philippines
Thailand
Vietnam
Rest Of Asia-Pacific
Europe
France
Germany
Italy
Netherlands
Russia
Spain
Ukraine
United Kingdom
Rest Of Europe
Middle East & Africa
Nigeria
Saudi Arabia
South Africa
Turkey
Rest Of Middle East & Africa
North America
Canada
Mexico
United States
Rest Of North America
South America
Argentina
Brazil
Rest Of South America
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Market Definition

  • AVERAGE NUTRIENT APPLICATION RATE - This refers to the average volume of nutrient consumed per hectare of farmland in each country.
  • CROP TYPES COVERED - Field Crops: Cereals, Pulses, Oilseeds, Fiber Crops, and Forage Crops, Horticulture: Fruits, Vegetables, Plantation Crops and Spices, Turf Grass and Ornamentals
  • MARKET ESTIMATION LEVEL - Market Estimations for various types of fertilizers has been done at the product-level and not at the nutrient-level.
  • NUTRIENT TYPES COVERED - Urea: Conventional Fertilizer, Controlled-release Urea Fertilizers, and Slow-Release Urea Fertilizer
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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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Urea Market Research FAQs

The Global Urea Market size is expected to reach USD 72.07 billion in 2024 and grow at a CAGR of 6.76% to reach USD 106.72 billion by 2030.

In 2024, the Global Urea Market size is expected to reach USD 72.07 billion.

CF Industries Holdings Inc, EuroChem Group, IFFCO, Nutrien Limited and Yara are the major companies operating in the Global Urea Market.

In the Global Urea Market, the Field Crops segment accounts for the largest share by crop type.

In 2024, Asia-Pacific accounts for the largest share by region in the Global Urea Market.

In 2023, the Global Urea Market size was estimated at USD 67.96 billion. The report covers the Global Urea Market historical market size for years: 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Urea Market size for years: 2024, 2025, 2026, 2027, 2028, 2029 and 2030.

Urea Industry Report

Statistics for the 2024 Urea market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Urea analysis includes a market forecast outlook to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Urea Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2030)