India Urea Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030

The India Urea Market is segmented by Speciality Type ( CRF, SRF ) , by Crop Type ( Field Crops, Horticultural Crops, Turf & Ornamental ) and by Form ( Conventional, Speciality )

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India Urea Market Size

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India Urea Market
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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 12.50 Billion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2030) USD 19.67 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) 7.85 %
https://s3.mordorlabs.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Fastest Growing by Crop Type Horticultural Crops

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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India Urea Market Analysis

The India Urea Market size is estimated at USD 12.5 billion in 2024, and is expected to reach USD 19.67 billion by 2030, growing at a CAGR of 7.85% during the forecast period (2024-2030).

  • Largest By Type - Straight : Conventional Urea is the most consumed fertilizer in India, 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 longer duration and decrease the leaching losses of fertilizers in the soil and also reduce the application rate.
  • Largest By Crop Type - Field Crops : The domination of field crops in Fertilizers market is mainly due to its large cultivation area in the country. They account for more than 95% of total crop area.

India Urea Market Trends

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

Field Crops is the largest segment by Crop Type.

  •  In India, field crops alone account for about 94.9% of the total urea fertilizer market, valued at USD 11.30 billion in 2021.
  • Field crops consumed about 98.0% of conventional urea fertilizers in 2021 due to their low cost and widespread availability in the country. However, in field crops, there is an increasing trend in adopting specialty urea fertilizers due to their efficiency.
  • Horticulture crops account for about 5.5 percent of the total urea fertilizer market, valued at USD 657.1 million in 2021. India is the world's second largest producer of fruits and vegetables, and the country ranks first in Banana, Mango, Lemon, Papaya, and Okra.
  • Since the last few decades, there has been an increase in nitrogen application rates and a decrease in nitrogen use efficiency. It is estimated that fertilizer consumption in India may double by 2050, and there is an urgent need to improve the fertilizer use efficiency in the country. The controlled-release fertilizers can improve fertilizer use efficiency and decrease fertilizer pollution, particularly in horticultural crops.
  • In the Indian turf and ornamental industry, floriculture has been one of the growing industries in recent years. In 2020-21, the country exported 15.6 thousand metric tons of floriculture products to the world for a total value of USD 7.8 Million. Controlled-release fertilizers have a great potential to penetrate this industry by innovating different release patterns that suits floriculture. Turf and ornamental crops account for about 0.11% of the total urea fertilizer market, valued at USD 13.6 million in 2021.
India Urea Market

India Urea Industry Overview

The India Urea Market is fragmented, with the top five companies occupying 3.51%. The major players in this market are Chambal Fertilizers & Chemicals Ltd, Coromandel International Ltd., Gujarat Narmada Valley Fertilizers & Chemicals Ltd, Indian Farmers Fertiliser Cooperative Limited and National Fertilizers Ltd (sorted alphabetically).

India Urea Market Leaders

  1. Chambal Fertilizers & Chemicals Ltd

  2. Coromandel International Ltd.

  3. Gujarat Narmada Valley Fertilizers & Chemicals Ltd

  4. Indian Farmers Fertiliser Cooperative Limited

  5. National Fertilizers Ltd

*Disclaimer: Major Players sorted in no particular order

India Urea Market
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India Urea Market News

  • February 2020: Indian Farmers Fertilizer Cooperative Limited associate AquaGT has forayed into Urban Gardening by introducing a specialized Urban Gardening product range which includes urea fertilizers as well to assist the urban enthusiasts with useful, effective and easy to use products, under the brand name of IFFCO Urban Gardens.
  • November 2019: IFFCO Launches its Nano Technology based Products nano nitrogen, nano zinc and nano copper for on- field trials as part of its efforts to cut usage of chemical fertilisers and boost farmers' income.
  • January 2018: Yara has acquired of Tata Chemicals' urea plant with annual production of 0.7 million tonnes ammonia and 1.2 million tonnes urea, in India, marking a significant step forward for its growth ambitions in India.

India 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

  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. Chambal Fertilizers & Chemicals Ltd

      2. 6.4.2. Coromandel International Ltd.

      3. 6.4.3. Gujarat Narmada Valley Fertilizers & Chemicals Ltd

      4. 6.4.4. Indian Farmers Fertiliser Cooperative Limited

      5. 6.4.5. Mangalore Chemicals & Fertilizers Ltd.

      6. 6.4.6. National Fertilizers Ltd

      7. 6.4.7. Yara Fertilisers India Pvt. Ltd.

      8. 6.4.8. Zuari Agro Chemicals Ltd

  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. INDIA MARKET, AREA YOY GROWTH RATE, 2016 - 2021
  1. Figure 2:  
  2. INDIA MARKET, AREA YOY GROWTH RATE, 2016 - 2021
  1. Figure 3:  
  2. INDIA UREA MARKET, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 4:  
  2. INDIA UREA MARKET, VALUE, USD, 2016 - 2028
  1. Figure 5:  
  2. INDIA UREA MARKET, BY SPECIALITY TYPE, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 6:  
  2. INDIA UREA MARKET, BY SPECIALITY TYPE, VALUE, USD, 2016 - 2028
  1. Figure 7:  
  2. INDIA UREA MARKET, VOLUME SHARE(%), BY SPECIALITY TYPE, 2016 - 2028
  1. Figure 8:  
  2. INDIA UREA MARKET, VALUE SHARE(%), BY SPECIALITY TYPE, 2016 - 2028
  1. Figure 9:  
  2. INDIA UREA MARKET, BY COATING TYPE, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 10:  
  2. INDIA UREA MARKET, BY COATING TYPE, VALUE, USD, 2016 - 2028
  1. Figure 11:  
  2. INDIA UREA MARKET, VOLUME SHARE(%), BY COATING TYPE, 2016 - 2028
  1. Figure 12:  
  2. INDIA UREA MARKET, VALUE SHARE(%), BY COATING TYPE, 2016 - 2028
  1. Figure 13:  
  2. INDIA UREA MARKET, BY COATING TYPE, POLYMER COATED, METRIC TON, 2016 - 2028
  1. Figure 14:  
  2. INDIA UREA MARKET, BY COATING TYPE, POLYMER COATED, USD, 2016 - 2028
  1. Figure 15:  
  2. INDIA UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 16:  
  2. INDIA UREA MARKET, BY COATING TYPE, POLYMER-SULFUR COATED, METRIC TON, 2016 - 2028
  1. Figure 17:  
  2. INDIA UREA MARKET, BY COATING TYPE, POLYMER-SULFUR COATED, USD, 2016 - 2028
  1. Figure 18:  
  2. INDIA UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 19:  
  2. INDIA UREA MARKET, BY COATING TYPE, OTHERS, METRIC TON, 2016 - 2028
  1. Figure 20:  
  2. INDIA UREA MARKET, BY COATING TYPE, OTHERS, USD, 2016 - 2028
  1. Figure 21:  
  2. INDIA UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 22:  
  2. INDIA UREA MARKET, BY SPECIALITY TYPE, SRF, METRIC TON, 2016 - 2028
  1. Figure 23:  
  2. INDIA UREA MARKET, BY SPECIALITY TYPE, SRF, USD, 2016 - 2028
  1. Figure 24:  
  2. INDIA UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 25:  
  2. INDIA UREA MARKET, BY CROP TYPE, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 26:  
  2. INDIA UREA MARKET, BY CROP TYPE, VALUE, USD, 2016 - 2028
  1. Figure 27:  
  2. INDIA UREA MARKET, VOLUME SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 28:  
  2. INDIA UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 29:  
  2. INDIA UREA MARKET, BY CROP TYPE, FIELD CROPS, METRIC TON, 2016 - 2028
  1. Figure 30:  
  2. INDIA UREA MARKET, BY CROP TYPE, FIELD CROPS, USD, 2016 - 2028
  1. Figure 31:  
  2. INDIA UREA MARKET, VALUE SHARE(%), BY SPECIALITY TYPE, 2016 - 2028
  1. Figure 32:  
  2. INDIA UREA MARKET, BY CROP TYPE, HORTICULTURAL CROPS, METRIC TON, 2016 - 2028
  1. Figure 33:  
  2. INDIA UREA MARKET, BY CROP TYPE, HORTICULTURAL CROPS, USD, 2016 - 2028
  1. Figure 34:  
  2. INDIA UREA MARKET, VALUE SHARE(%), BY SPECIALITY TYPE, 2016 - 2028
  1. Figure 35:  
  2. INDIA UREA MARKET, BY CROP TYPE, TURF & ORNAMENTAL, METRIC TON, 2016 - 2028
  1. Figure 36:  
  2. INDIA UREA MARKET, BY CROP TYPE, TURF & ORNAMENTAL, USD, 2016 - 2028
  1. Figure 37:  
  2. INDIA UREA MARKET, VALUE SHARE(%), BY SPECIALITY TYPE, 2016 - 2028
  1. Figure 38:  
  2. INDIA UREA MARKET, BY FORM, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 39:  
  2. INDIA UREA MARKET, BY FORM, VALUE, USD, 2016 - 2028
  1. Figure 40:  
  2. INDIA UREA MARKET, VOLUME SHARE(%), BY FORM, 2016 - 2028
  1. Figure 41:  
  2. INDIA UREA MARKET, VALUE SHARE(%), BY FORM, 2016 - 2028
  1. Figure 42:  
  2. INDIA UREA MARKET, BY FORM, CONVENTIONAL, METRIC TON, 2016 - 2028
  1. Figure 43:  
  2. INDIA UREA MARKET, BY FORM, CONVENTIONAL, USD, 2016 - 2028
  1. Figure 44:  
  2. INDIA UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 45:  
  2. INDIA UREA MARKET, BY FORM, SPECIALITY, METRIC TON, 2016 - 2028
  1. Figure 46:  
  2. INDIA UREA MARKET, BY FORM, SPECIALITY, USD, 2016 - 2028
  1. Figure 47:  
  2. INDIA UREA MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 48:  
  2. INDIA UREA MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021
  1. Figure 49:  
  2. INDIA UREA MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021
  1. Figure 50:  
  2. INDIA UREA MARKET SHARE(%), BY MAJOR PLAYERS, 2021

India 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.
Speciality Type
CRF
Polymer Coated
Polymer-Sulfur Coated
Others
SRF
Crop Type
Field Crops
Horticultural Crops
Turf & Ornamental
Form
Conventional
Speciality
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Market Definition

  • Commercial Seed - For the purpose of this study, only commercial seeds have been included as part of the scope. Farm-saved Seeds, which are not commercially labeled are excluded from scope, even though a minor percentage of farm-saved seeds are exchanged commercially among farmers. The scope also excludes vegetatively reproduced crops and plant parts, which may be commercially sold in the market.
  • Crop Acreage - While calculating the acreage under different crops, the Gross Cropped Area has been considered. Also known as Area Harvested, according to the Food & Agricultural Organization (FAO), this includes the total area cultivated under a particular crop across seasons.
  • Seed Replacement Rate - Seed Replacement Rate is the percentage of area sown out of the total area of crop planted in the season by using certified/quality seeds other than the farm-saved seed.
  • Protected Cultivation - The report defines protected cultivation as the process of growing crops in a controlled environment. This includes greenhouses, glasshouses, hydroponics, aeroponics, or any other cultivation system that protects the crop against any abiotic stress. However, cultivation in an open field using plastic mulch is excluded from this definition and is included under open field.
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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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India Urea Market Research FAQs

The India Urea Market size is expected to reach USD 12.50 billion in 2024 and grow at a CAGR of 7.85% to reach USD 19.67 billion by 2030.

In 2024, the India Urea Market size is expected to reach USD 12.50 billion.

Chambal Fertilizers & Chemicals Ltd, Coromandel International Ltd., Gujarat Narmada Valley Fertilizers & Chemicals Ltd, Indian Farmers Fertiliser Cooperative Limited and National Fertilizers Ltd are the major companies operating in the India Urea Market.

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

In 2024, the Horticultural Crops segment accounts for the fastest growing by crop type in the India Urea Market.

In 2023, the India Urea Market size was estimated at USD 11.64 billion. The report covers the India Urea Market historical market size for years: 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the India Urea Market size for years: 2024, 2025, 2026, 2027, 2028, 2029 and 2030.

India Urea Industry Report

Statistics for the 2024 India Urea market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. India 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.

India Urea Report Snapshots

India Urea Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030