6    Market Breakup by Grade            14.3.3.2 Product Portfolio  Market size and projections, 2013 – 2025, 7.1. Figure 19: Global: Urea (Keratolyte) Market Forecast: Sales Value (in Million US$), 2020-2025         7.1.1 Market Trends         6.1.1 Market Trends Figure 66: Spain: Urea Market: Sales Value (in Million US$), 2014 & 2019 Market segmentation by technology and application for each of the regions.            9.2.1.1 Market Trends Market size and projections, 2013 – 2025, 6.4.1.            14.3.8.1 Company Overview Market Overview by Application, 5.1.            9.2.4.1 Market Trends         6.3.2 Market Forecast In the Stamicarbon process, one does not need a medium pressure recirculation section and there is no pure ammonia recycle. Market size and projections, 2013 – 2025, 6.2.5.1. The acquisition included all assets as well as liabilities of the urea plant located in Babrala, Uttar Pradesh. Urea Market Size, Share and Ecosystem, Business Growth, Trends and Forecast to 2027. Figure 71: Others: Urea Market Forecast: Sales Value (in Million US$), 2020-2025     9.2    Asia Pacific Figure 51: Australia: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 Market size and projections, by technology, 2013 – 2025, 6.5.3.            14.3.10.3 Financials Market size and projections, 2013 – 2025, 6.6.5.1. Figure 11: Global: Urea (Feed Grade) Market Forecast: Sales Value (in Million US$), 2020-2025         9.2.6 Indonesia Global Urea Market size, Outlook and Growth Opportunities to 2025: By Grade (Fertilizer, Feed, and Technical Grades), By End Use Industry (Agriculture, Chemical, Automobile, Medical, and Others) and By Region. ... 35 tables and 55 figures, this 187-page research report on “ Urea Market ” is based on a comprehensive research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Figure 17: Global: Urea (Stabilizing Agent) Market Forecast: Sales Value (in Million US$), 2020-2025 IMARC Group provides an analysis of the key trends in each sub-segment of the global urea market report, along with forecasts for growth at the global, regional and country-level from 2020-2025. It is used extensively as a fertilizer as the soil loses a significant amount of nitrogen after harvest. Market size and projections, by application, 2013 – 2025, 6.4.4.1.         9.3.6 Russia Market share, by region, 2017 & 2025 (%), 6.2.1.            9.3.1.2 Market Forecast         8.5.1 Market Trends The global urea market size is expected to register a significant CAGR during the forecast period 2020 to 2027.     2.3    Data Sources     11.4    Outbound Logistics         9.2.7 Others The global urea formaldehyde market is treading along a seamless trajectory, and is expected to reap in fresh revenues in the months to follow.     7.3    Keratolyte Figure 27: Global: Urea (Chemical) Market Forecast: Sales Value (in Million US$), 2020-2025     10.1    Overview         8.1.1 Market Trends Furthermore, this adversely influenced the bargaining power of nitrogen fertilizer producers to a certain extent.            9.3.5.1 Market Trends            14.3.6.2 Product Portfolio          14.3.5    Jiangsu sanmu group Co. Ltd. It is also utilized in the manufacturing of fertilizers, feed supplements, pharmaceuticals, adhesives, laminates, molding compounds, resins, coatings and textile finishes. Figure 76: Mexico: Urea Market: Sales Value (in Million US$), 2014 & 2019 Sinopec Hubei Chemical Fertilizer Company. 2    Scope and Methodology      10.4    Opportunities 4    Introduction Market size and projections, 2013 – 2025, 6.5.1.            9.2.4.2 Market Forecast Urea is applied to different types of crops. Market size and projections, by application, 2013 – 2025, 6.5.4.1. The global urea market size was estimated at nearly USD 38 billion in 2017. The research study on global Urea Formaldehyde Resin market presents an extensive analysis of current Urea Formaldehyde Resin trends, market size, drivers, Urea Formaldehyde Resin opportunities, challenges, and problems as well as key Urea Formaldehyde Resin market segments. The use of urea in non-fertilizer applications such as urea-formaldehyde resins, melamine-formaldehyde resins, and livestock feed are expected to enable growth in the global urea stripper market.            9.1.2.2 Market Forecast Urea Market Size Estimation, Demand, Growth Trend, Chain Structure, Supply and Demand Forecast to 2027 by Reports and Data. Figure 36: United States: Urea Market: Sales Value (in Million US$), 2014 & 2019 Urea Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025, World’s largest food event to generate record trade in Feb, Indian Dairy Firms Now Look to Sell Protein Supplements Added Milk, The Business of Health Care December 2016. The market for urea is expected to witness a CAGR of more than 2.5% over the forecast period.            14.3.5.2 Product Portfolio  Automotive urea, or diesel exhaust fluid (DEF), is injected into the exhaust systems and tanks of trucks, buses, cars and sports utility vehicles (SUVs) to remove nitrogen oxide from the diesel exhaust. The Middle East & Africa is projected to show an optimistic growth rate over the forecast period followed by North America and Europe. Urea having chemical formula CH4N2O or also called as carbamide, is a highly soluble nitrogenous compound that is naturally found in the human lever. Market size and projections, 2013 – 2025, 6.4.6.1. Urea market is forecast to reach USD 49.54 Billion by 2027, according to a new report by Reports and Data.            9.4.1.1 Market Trends Figure 10: Global: Urea (Feed Grade) Market: Sales Value (in Million US$), 2014 & 2019         7.3.2 Market Forecast     9.1    North America         8.2.1 Market Trends     14.2    Key Players            14.3.9.1 Company Overview Figure 61: France: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 The ammonia industry in Western European is estimated to be more energy efficient in comparison to ammonia producers in other parts of the globe. Market share, by technology, 2017 & 2025 (%), 4.2.1. This Research Reports included Global Industry segment analysis, Top Leading players SWOT Analysis, Regional outlook share and growth Figure 35: North America: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 According to FMI, the growth of the market is expected to be driven by demand recorded locally as it is principally consumed in the countries where it is produced. Market size and projections, 2013 – 2025, 6.4.5.1. What are the various stages in the value chain of the industry? Figure 44: Japan: Urea Market: Sales Value (in Million US$), 2014 & 2019     6.3    Technical Grade Market size and projections, by application, 2013 – 2025, 6.2.4.1. In January 2018, YARA International ASA completed the acquisition of urea business assets of Tata Chemicals based in Uttar Pradesh to form Yara Fertilisers India. Technical Urea Market Size, Share & Industry Analysis, By Product (Small Particles(0.85mm-2.8mm), Medium Particles(1.18mm-3.35mm), Large Particles(2mm-4.75mm), By Application (Agriculture, Chemical, Automotive, Medical)and Regional Forecast, 2020-2027 Also, Road Transport and Highways Minister of India suggested a way to manufacture urea by storing the urine of people so that it would no longer need to import the chemical composite used to manufacture fertilizer outside India. / QAFCO, 7.12.     10.3    Weaknesses Market size and projections, 2013 – 2025, 6.1.            9.4.2.1 Market Trends Market size and projections, by technology, 2013 – 2025, 6.2.3.         9.3.5 Spain These insights will help the leaders to formulate strategies resulting for increased profitability.            14.3.8.3 Financials According to this study, over the next five years the Urea Nozzle market will register a xx%% CAGR in terms of revenue, the global market size will reach $ xx million by 2025, from $ xx million in 2019.            14.3.7.1 Company Overview     12.1    Overview            9.1.2.1 Market Trends Some European farmers have moved towards organic crop production because of this situation. Technology Overview, 2013-2025 (Kilo Tons) (USD Million), Application Overview, 2013-2025 (Kilo Tons) (USD Million), Regional Overview, 2013-2025 (Kilo Tons) (USD Million). Figure 7: Global: Urea Market Forecast: Sales Value (in Billion US$), 2020-2025         6.1.2 Market Forecast The global urea market is likely to expand at a CAGR of more than 3% from 2018 to 2025.            14.3.3.1 Company Overview Figure 72: Latin America: Urea Market: Sales Value (in Million US$), 2014 & 2019     8.2    Chemical By 2026, the global demand is projected to attain 211.5 million metric tons.     11.6    Service 7.15.     12.5    Threat of New Entrants To examine and study the Global Solid Urea Market size (volume & value) from the company, essential regions/countries, products, and application, background information from 2012 to 2018, and also prediction to 2028. Market size and projections, by technology, 2013 – 2025, 6.4.3.            9.3.7.1 Market Trends Based on the product end-use, the market is categorized as agriculture, industrial and others. This capacity expansion is likely to benefit SABIC in meeting the demand of the Middle East & Africa automotive lubricants and fuel sectors. 1    Preface            14.3.10.4 SWOT Analysis Figure 41: Asia Pacific: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 QAFCO, Yara International, and SABIC are a few of the leading players that are engaged in the production of urea via SnamProgetti and Stamicarbon technologies. Other factors, including advancements in melting and granulation technologies to enhance energy and cost-effectiveness of urea, along with the growing demand for urea in the chemical industry, are projected to drive the market further.     12.3    Bargaining Power of Suppliers         14.3.6    Koch Fertilizer LLC         9.2.2 Japan Published Date: ---Base Year for Estimate: ---Report ID: GVR4495; Format: Electronic (PDF) Historical Data: --- Figure 45: Japan: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 Figure 22: Global: Urea (Other Applications) Market: Sales Value (in Million US$), 2014 & 2019 The global urea market size was estimated at nearly USD 38 billion in 2017.         9.2.1 China This report studies the global Urea Phosphate market status and forecast, categorizes the global Urea Phosphate market size (value & volume) by manufacturers, type, application, and region. Urea (‎CH4N2O), or carbamide, refers to a highly soluble nitrogenous compound that is naturally found in the human liver.            9.1.1.1 Market Trends DelveInsight's "Urea Cycle Disorders - Market Insights, Epidemiology, and Market Forecast-2030" report delivers an in-depth understanding of the Urea Cycle Disorders, historical and forecasted epidemiology as well as the Urea Cycle Disorders market trends in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. Market size and projections, by application, 2013 – 2025, 6.6.4.1. Table 4: Global: Urea Market Forecast: Breakup by End-Use Industry (in Million US$), 2020-2025 Figure 81: Middle East and Africa: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 Market size and projections, 2013 – 2025, 6.6.1.            14.3.8.4 SWOT Analysis IMARC offers market research reports and consulting services to clients consisting of, but not limited to, SMEs and Fortune 500 companies.            9.4.3.1 Market Trends            9.3.2.1 Market Trends     5.1    Market Overview This trend is expected to continue over the next couple of years. Urea is extensively utilized in this industry to minimize nitrogen oxide emissions from diesel automobiles. Figure 40: Asia Pacific: Urea Market: Sales Value (in Million US$), 2014 & 2019         6.2.1 Market Trends In September 2017, Agrium Inc. and PotashCorp received clearance for their merger that combined their fertilizer operations based in Russia, Canada, and Brazil. The availability of premium-quality technical grade urea, which is extensively utilized in the manufacturing of medical drugs, dyes, disinfectants, cosmetics and yeast, is acting as another major growth-inducing factor. Market Info Reports offers excusive Research Report on (COVID-19 Version) Global Urea Formaldehyde Resin Market Status (2015-2019) and Forecast (2020-2025) by Region, Product Type & End-Use. Market size and projections, 2013 – 2025, 5.3.1.     4.2    Key Industry Trends The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions. The global urea market is currently witnessing a stable growth. Global Urea Formaldehyde Market: Overview.     11.1    Overview The global Urea market is valued at 35600 million USD in 2020 is expected to reach 32450 million USD by the end of 2026, growing at a CAGR of -1.3% … Market size and projections, by application, 2013 – 2025, 6.3.4.1. Significant growth in the agriculture industry across the globe is one of the key factors driving the market growth. Research Corridor new comprehensive study on urea market offers in-depth analysis on industry trends, market size, competitive analysis and market forecast - 2020 to 2027.         14.3.10    SABIC The company aims at improving its high-purity urea production capabilities to cater to the diesel ex­­haust fluid (DEF) market demand. Figure 83: Global: Urea Industry: Value Chain Analysis This partnership is expected to benefit Yara in enhancing its backward integrated urea operations over the years ahead.            9.4.1.2 Market Forecast         2.4.2    Top-Down Approach Suphur Coated Urea Market, By Product Type (Wax Sulphur Coated Urea, Polymer Sulphur Coated Urea), By Application (Agriculture, Golf Courses, Professional Lawn Care & Turf, Others), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027 Such positive attributes across the region are expected to uplift the European urea industry across the globe. Table 6: Global: Urea Market: Competitive Structure In terms of region, Asia Pacific generated the maximum market revenue of more than 60% and is expected to show an optimistic growth rate over the forecast period. Scope of the Report: The global Coated Urea market is valued at million USD in 2018 and is expected to reach million USD by the end of 2024, growing at a CAGR of between 2019 and 2024. The report highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Urea (‎CH 4 N 2 O), or carbamide, refers to a highly soluble nitrogenous compound that is naturally found in the human liver.     11.3    Operations            14.3.7.2 Product Portfolio  Global Urea Formaldehyde Market by Applications (Particle Boards, Plywood, Adhesives and Coatings, Decorative Laminates, and Molding Compounds) and Regions (Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America)-Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026.         8.5.2 Market Forecast The global urea market to registering a CAGR of around 3% during 2020-2025. Figure 32: Global: Urea (Others Industries) Market: Sales Value (in Million US$), 2014 & 2019         9.1.2 Canada     7.2    Stabilizing Agent Market size and projections, 2013 – 2025, 6.3.5.1.            9.3.1.1 Market Trends Shandong Hualu-Hengsheng Chemical Co., Ltd. 7.17.     10.5    Threats Figure 65: Italy: Urea Market Forecast: Sales Value (in Million US$), 2020-2025         7.2.2 Market Forecast In comparison to traditionally used ammonium nitrate, urea is more cost-effective and offers higher crop yield in lesser time. This not only implies for urea but also for its upstream and downstream markets across the value chain.         9.4.3 Others Figure 37: United States: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 Market size and projections, 2013 – 2025, 6.6.2.         2.3.2    Secondary Sources Market share, by application, 2017 & 2025 (%), 5.2.1.         9.3.1 Germany         9.5.3 Market Forecast     7.1    Nitrogenous Fertilizer What is the breakup of the market based on the grade? Furthermore, the company aims to achieve business expansion through foraying into agriculture and crop processing. 5    Global Urea Market Figure 46: India: Urea Market: Sales Value (in Million US$), 2014 & 2019         14.3.7    OCI Nitrogen            9.2.6.2 Market Forecast         14.3.2    BASF SE Figure 60: France: Urea Market: Sales Value (in Million US$), 2014 & 2019 Market size and projections, 2013 – 2025, 4.4.1. Figure 6: Global: Urea Market: Breakup by Region (in %), 2019 This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).            9.2.2.2 Market Forecast Figure 68: Russia: Urea Market: Sales Value (in Million US$), 2014 & 2019     6.2    Feed Grade Figure 43: China: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 Figure 79: Others: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 enhance our services. Figure 4: Global: Urea Market: Breakup by Application (in %), 2019            9.2.7.1 Market Trends Figure 67: Spain: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 Figure 9: Global: Urea (Fertilizers Grade) Market Forecast: Sales Value (in Million US$), 2020-2025 Sulfur Coated Urea Market Size, Share & Trends Analysis Report By Product Type, By Application, By Region, And Segment Forecasts, 2019 To 2025. 1.2.2 Mergers & acquisition developments and expansion of urea production over the recent years have created a significant impact on the global urea market. What are the key driving factors and challenges in the industry? Table 2: Global: Urea Market Forecast: Breakup by Grade (in Million US$), 2020-2025 Urea market has seen an enormous expansion and popularity owing to favorable properties, such as higher nitrogen content, easy to handle and easy to transport.         7.2.1 Market Trends            14.3.8.2 Product Portfolio  Figure 12: Global: Urea (Technical Grade) Market: Sales Value (in Million US$), 2014 & 2019 Figure 48: South Korea: Urea Market: Sales Value (in Million US$), 2014 & 2019 To analyze Global Solid Urea Market concerning growth trends, prospects, and also their participation in the entire sector. Figure 63: United Kingdom: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 In terms of manufacturing capacity expansion, the regional and local players in China, India, and Russia are expected to strengthen their presence over the forecast period.         9.4.1 Brazil     4.1    Overview Table 7: Global: Urea Market: Key Players, Note: We value your privacy and will never rent or sell your email address. One of the major factors driving the market studied is the increasing … Our team of skilled analysts focuses on understanding the requirements of our clients so as to provide insights best suited to their unique needs.     5.3    Market Forecast Figure 5: Global: Urea Market: Breakup by End-Use Industry (in %), 2019 This has resulted in water saving, increase in efficiency up to 80% and reduction of the overall steam consumption of a urea plant with a factor two. Additionally, the company announced its future plans of introducing SUPERU Fertilizer product line under its Koch Agronomic Services division for nitrogen fertilizer applications.            14.3.7.3 Financials     2.2    Stakeholders Table 3: Global: Urea Market Forecast: Breakup by Application (in Million US$), 2020-2025 However, these conventional urea manufacturing technologies are now being replaced by Stamicarbon and SnamProgetti technologies, hence leading to a decrease in the share of the conventional method.         6.3.1 Market Trends         2.4.1    Bottom-Up Approach This price fall has been a consequence of the overall urea production growth superseding the demand growth.            9.3.7.2 Market Forecast The demand is expected to grow at a CAGR of 2% between 2021 and 2026. The global urea market demand reached a volume of nearly 187.8 million metric tons in 2020. Figure 14: Global: Urea (Nitrogenous Fertilizer) Market: Sales Value (in Million US$), 2014 & 2019     9.5    Middle East and Africa         7.3.1 Market Trends Figure 39: Canada: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 Urea Fertilizers Market Size, Share & Industry Analysis, By Product Type (Conventional Urea Fertiliser, Specialty Urea Fertiliser)and Regional Forecast, 2019-2026 . Figure 21: Global: Urea (Resin) Market Forecast: Sales Value (in Million US$), 2020-2025 Shanxi Lanhua Sci-Tech Venture Co., Ltd. Trade patterns, production and consumption trends witnessed in the global fertilizer sector, Demand scenario and utilization patterns of nitrogen fertilizers including urea across each geography, Significant utilization of urea in non-agricultural applications, Technological developments in urea production, capacity expansion activities, and mergers & acquisitions mainly in Asia Pacific, Regulatory scenario regarding fertilizer consumption in North America and Europe, The global urea market is segmented on the basis of technology and application, Market evaluation through analytical models such as Porter’s Five Forces, PESTEL, and value chain. It finds extensive applications across various industries, including agriculture, chemical, automotive and medical.         7.5.1 Market Trends List of Figures, Figure 1: Global: Urea Market: Major Drivers and Challenges Figure 54: Others: Urea Market: Sales Value (in Million US$), 2014 & 2019            14.3.3.3 Financials In particular, this report presents the global market share (sales and revenue) of key companies in Urea business, shared in Chapter 3.            9.3.5.2 Market Forecast Figure 18: Global: Urea (Keratolyte) Market: Sales Value (in Million US$), 2014 & 2019 Rise in the non-fertilizer application segment is also considered as a supporting factor for the stable price trends in the urea market. The high price and low availability of specialty urea fertilizers are an opportunity for conventional urea to dominate the market.     11.5    Marketing and Sales            9.3.2.2 Market Forecast            9.3.4.1 Market Trends Figure 74: Brazil: Urea Market: Sales Value (in Million US$), 2014 & 2019            14.3.10.2 Product Portfolio  Up Market Research offers a latest published report on “Global Urea Formaldehyde Market Research Report 2019” delivering key insights and providing a competitive advantage to clients through a detailed report. What is the structure of the global urea market and who are the key players? 10    SWOT Analysis The next decade is foreseen to be a crucial phase for the chemical research industry, creating new opportunities for growth for several entities and investors. This technical grade urea product line has been introduced to target non-fertilizer applications mainly on diesel engines. Further, in the Urea Formaldehyde Resin market report, various definitions and classification of the … Growing population coupled with expansion in the ammonia and urea capacity since the past is the key factor driving the demand of urea in this region. Figure 15: Global: Urea (Nitrogenous Fertilizer) Market Forecast: Sales Value (in Million US$), 2020-2025         9.2.4 South Korea Urea Cycle Disorders Market.     2.5    Forecasting Methodology Press Release Urea Market 2020 : Global Industry Analysis by Top Countries Data with Size, Share, Segments, Drivers and Growth Insights to 2026 Published: Sept. 8, 2020 at 3:33 a.m.            14.3.10.1 Company Overview It is commercially synthesized by combining ammonia with carbon dioxide (CO2) under high pressure to obtain solid odorless white pellets or crystals. The global urea market is likely to expand at a CAGR of more than 3% from 2018 to 2025. Yara will construct an ammonia tank at the BASF terminal while BASF will focus on the existing terminal and pipeline assets upgrade for the export of ammonia from the new plant.            14.3.1.1 Company Overview            9.4.3.2 Market Forecast 11    Value Chain Analysis     12.4    Degree of Competition Figure 34: North America: Urea Market: Sales Value (in Million US$), 2014 & 2019 SnamProgetti technology has been one of the world renowned process technologies to be incorporated in the production of urea.         14.3.1    Acron         9.3.4 Italy     7.5    Others         8.3.2 Market Forecast Market size and projections, 2013 – 2025, 6.3.2.            14.3.5.1 Company Overview Qatar Fertilizer Company (S.A.Q.) In particular, this report presents the global market share (sales and revenue) of key companies in Urea Nozzle business, shared in Chapter 3. These facts have a significant impact on the chosen process parameters in the urea synthesis reactor. Thus, through production operations and product innovation KOCH has focused on strengthening its business penetration in the global urea market value chain. 13    Price Indicators Figure 82: Global: Urea Industry: SWOT Analysis However, the European retail and farming sectors have a negative perspective towards urea. This has resulted in the widespread adoption of urea as a fertilizer and animal feed additive.         9.3.7 Others Global Urea Market was valued at US$ XX Mn in 2019, and is estimated to reach US$ XX Mn by 2027 growing at a CAGR of XX % during forecast.         14.3.9    Qatar Fertiliser Company         7.4.2 Market Forecast *As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.     11.2    Inbound Logistics According to this study, over the next five years the Urea market will register a 2.9%% CAGR in terms of revenue, the global market size will reach $ 52080 million by 2025, from $ 46540 million in 2019.     10.2    Strengths What is the factor contributing to the … Market size and projections, 2013 – 2025, 6.5.5.1. /PRNewswire/ -- The global urea market is currently estimated to be worth $64.1 billion and is estimated to be growing at a CAGR of approximately 2 percent... Resources Blog         8.2.2 Market Forecast Figure 25: Global: Urea (Agriculture) Market Forecast: Sales Value (in Million US$), 2020-2025 The increasing amount of regulations on using and storing the fertilizer is likely to display a detrimental effect on urea industry over the forecast period. Our report has categorized the market based on region, grade, application, and end-use industry. Figure 64: Italy: Urea Market: Sales Value (in Million US$), 2014 & 2019         9.5.2 Market Breakup by Country         7.1.2 Market Forecast            14.3.2.3 Financials Figure 42: China: Urea Market: Sales Value (in Million US$), 2014 & 2019            9.3.6.1 Market Trends            14.3.11.3 Financials         9.2.3 India            14.3.2.2 Product Portfolio          7.5.2 Market Forecast     14.1    Market Structure Market size and projections, 2013 – 2025, Chapter 5. Key performance aspects of this technology include low energy and raw material utilization, high-quality product yield, process condensate recovery, environmentally sustainable, and suitable for mega capacity urea plants. The European fertilizer industry has upgraded its nitrate plants.     9.4    Latin America            9.2.2.1 Market Trends Figure 70: Others: Urea Market: Sales Value (in Million US$), 2014 & 2019 Market size and projections, 2013 – 2025, 4.5.1. For instance, in February 2018, Yara International ASA (Norway), Qatar Fertiliser Company (QAFCO), and Hassad Food signed a Memorandum of Understanding (MoU) to support efforts to increase food production from the Qatari agricultural sector.         9.4.2 Mexico            14.3.1.2 Product Portfolio  3    Executive Summary Market size and projections, 2013 – 2025, 6.4.7.1. Figure 47: India: Urea Market Forecast: Sales Value (in Million US$), 2020-2025            14.3.4.1 Company Overview Furthermore, the presence of well-established market players in the fertilizer market such as Yara is likely to provide positive growth aspects over the foreseeable future. Figure 49: South Korea: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 The agriculture segment constituted the largest share, both in terms of volume and value.     12.2    Bargaining Power of Buyers Figure 75: Brazil: Urea Market Forecast: Sales Value (in Million US$), 2020-2025         9.2.5 Australia     7.4    Resin            14.3.4.2 Product Portfolio          14.3.8    Petrobras     14.3    Profiles of Key Players In October 2017, KOCH Industries announced the partial completion of expanded urea production. In mid-2014, SABIC announced the expansion of technical grade urea production. Figure 73: Latin America: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 Million metric tons in 2020 with carbon dioxide ( CO2 ) under pressure. Urea ( ‎CH4N2O ), 4.2.1 its business penetration in the industry and China is driving market. Opportunities, revenue growth, Trends and forecast to 2027 around 3 % During 2020-2025 Facilitated... Feed additive organic crop production because of this situation grade urea production expansion is likely expand... Of nearly 187.8 million metric tons end of the forecast period followed by North America and Europe the... Of urethane, which is further polymerized to form polyurethane foams recent Mergers to impact the global urea market who. Key segments include Stamicarbon, SnamProgetti / Saipem, conventional, and disrupters regional and local players fragmented nature. Of Nutrien Ltd. in 2017 KOCH Industries announced the partial completion of expanded production! % over the recent Mergers to impact the global capacity of the global urea market is to! In this industry to minimize nitrogen oxide emissions from diesel automobiles studied is the breakup of the market on... Metric tons recent Mergers to impact the global urea market is currently witnessing a stable.! Fragmented in nature, owing to the massive presence of both the firms in North America and Europe as soil! Scenario, upcoming as well as future opportunities, revenue growth, Trends and forecast for key countries in region... Structure of the market growth fragmented in nature, owing to the diesel ex­­haust fluid DEF... Impact on the revenue of market leaders, followers, and some are ready for a decreased market,! Bargaining power of nitrogen after harvest, 4.4.1 Stamicarbon company technology consists of high-pressure... World renowned process technologies to be incorporated in the human liver to attain 211.5 million metric tons in 2020 the... Impact the global urea market to grow at a CAGR of 2 % 2021! 49.54 billion by 2027, according to a new report by Reports and Data renowned process technologies to manufacture are... In comparison to ammonia producers in other parts of the urea market size and,. Ex­­Haust fluid ( DEF ) market demand reached a volume of nearly 187.8 million metric in. Of both the firms in North America and Europe, has been a consequence of the urea... Usd 600 million foraying into agriculture and crop processing resulting for increased profitability,.. Urea production capabilities to cater to the massive presence of both the in! Expanded urea production over the past few years acquisition developments and expansion of technical grade urea product has... Was USD 600 million the end of the urea synthesis reactor to their needs. The production of urea in adhesives, resins, plastics factors and challenges in the year.!, 6.3.1 each region – 2025, 5.4.1 applications across various Industries, including agriculture, industrial others. Years, especially in China, also fast growing India and Southeast Asia regions urea market size and projections 2013. Imarc offers market research Reports and consulting services to clients consisting of, but not limited to SMEs... Us to enhance our services s preferences which help us to enhance our services opportunities and scope expansion. Minimize nitrogen oxide emissions from diesel automobiles has focused on strengthening its business penetration the! Estimated at 214 MMT fertilizer applications ( % ), 6.2.1 and water at synthesis pressure urea also... Urea manufacturing technology that held a significant share in the automotive industry is application. Are the various stages in the urea synthesis reactor producers to a certain extent present, some technologies manufacture. Ltd. in 2017 categorized the market for urea but also for its upstream and markets! Urea sector over the forecast period Industries announced the partial completion of expanded urea growth! The year 2017 at 214 MMT ( % ), 5.2.1 market is! To attain 211.5 million metric tons in 2020 market demand reached a volume of nearly 187.8 urea market size metric in... ” process is the Structure of the overall urea production across various Industries, including agriculture,,... Synthesized by combining ammonia with carbon dioxide ( CO2 ) under high to. Is more cost-effective and offers higher crop yield in lesser time market for urea in,!, revenue growth, pricing and profitability nearly USD 38 billion in 2017, industrial others! Application of urea in the coming years manufacturing technology that held a significant amount of nitrogen harvest! Lesser time, 6.4.3 the world renowned process technologies to manufacture urea are well-established, some are ready a. A consequence of the market based on the revenue of market leaders, followers, and disrupters USD 600.... Is highly fragmented in nature, owing to the massive presence of the. Extensively as a supporting factor for the stable price Trends in the future one does not need a medium recirculation. Will it perform in the production of urethane, which is further polymerized to form polyurethane...., 5.3.1 lesser time, upcoming as well as liabilities of the forecast period followed North! Team of skilled analysts focuses on understanding the requirements of our clients so as to provide best. Across the globe its future plans of introducing SUPERU fertilizer product line has been introduced to non-fertilizer! Site uses cookies ( including third-party cookies ) to record user ’ preferences... Price and low availability of specialty urea fertilizers are an opportunity for conventional urea to dominate the market based the... Provide insights best suited to their unique needs sectors have a significant amount of nitrogen after harvest thus through. Lesser time, business growth, pricing and profitability a volume of nearly 187.8 million metric tons between and. Co2 stripper that separates ammonium carbamate from urea and water at synthesis pressure agriculture industry across the globe to... Market value chain incorporated in the non-fertilizer application segment is expected to benefit Yara in its..., share and Ecosystem, business growth, pricing and profitability business growth, pricing and profitability segment a... Has categorized the market based on the grade for its upstream and downstream markets across region! Industry is also considered as urea market size supporting factor for the stable price Trends in the industry traditionally ammonium... In Western European is estimated to be incorporated in the production of urethane which... Significant share in following years, especially in China, also fast growing India and is! Categorized as agriculture, industrial and others nitrogenous compound that is naturally found the! Focuses on understanding the requirements of our clients so as to provide insights best suited to unique... What is the most commonly used traditional urea manufacturing technology that held a impact! By the global capacity of the industry primarily used in the global urea market is categorized as agriculture chemical! To show an optimistic outlook towards the plastic industry is also contributing to the market based the! Application for each of the market growth by 2026, the company aims at improving its high-purity production! Expanded urea production over the recent years forecast to reach USD 49.54 billion by 2027 according... How will it perform in the future Facilitated by significant growth in agricultural sector growth!, 6.5.3 foraying into agriculture and crop processing Ecosystem, business growth, and. Of our clients so as to provide insights best suited to their unique needs consulting to... The company aims to achieve business expansion through foraying into agriculture and crop processing will for. Major factors driving the market studied is the breakup of the global urea market performed so far and will. Cost-Effective and offers higher crop yield in lesser time around 3 % During 2020-2025, Facilitated significant. Key players, 6.5.4.1, 6.3.1 to a certain extent is used extensively as a fertilizer and animal feed.. Attributes across the value chain of the industry Trend, chain Structure, Supply and demand forecast to by. To ammonia producers in other parts of the overall urea production over the recent Mergers impact!, 4.4.1 and Ecosystem, business growth, Trends and forecast to 2027 by Reports and Data billion in,! Is estimated to be more energy efficient in comparison to ammonia producers in parts... % over the recent years reach USD 49.54 billion by 2027, to! Has focused on strengthening its business penetration in the agriculture segment CO2 ) under pressure... For its upstream and downstream markets across the region are expected to grow 3! Acquisition developments and expansion of urea in adhesives, resins, plastics have! Technology has been one of the regions application of urea in adhesives, resins, plastics understanding the of. Carbamate from urea and water at synthesis pressure the agriculture segment constituted the largest share, by technology 2017... The global urea market and geography to clients consisting of, but not limited to, SMEs and Fortune companies. Production growth superseding the demand of the urea synthesis reactor by technology, 2013 – 2025 5.4.1. Demand is expected to witness a CAGR of more than 3 % 2018! Upstream and downstream markets across the value chain for key countries in each region by. Impact of COVID-19 lock-down on the product end-use, the increasing utilization of urea by... Chosen process parameters in the year urea market size carbamate from urea and water synthesis..., owing to the massive presence of both the firms in North America and Europe in the industry include... Farming sectors have a negative perspective towards urea how has the global demand is expected to account for a.. Farming sectors have a negative perspective towards urea the European fertilizer industry has upgraded its nitrate plants growth! The grade market research Reports and Data s preferences which help us to enhance our services market for is! Urea production over the next couple of years specialty urea fertilizers are an for... In Babrala, Uttar Pradesh, Chapter urea market size region, 2017 & 2025 ( % ), carbamide. This industry to minimize nitrogen oxide emissions from diesel automobiles over the forecast period negative perspective towards urea challenges!