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Urea Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2022-2030

Published Date: July, 2022
No of Pages: 168
Delivery Format: PDF + Excel

$2,950.00

Description of the Report

In 2026, the global demand is predicted to rise to 211.5 million tonnes. The most prominent application segment is the fertilizer sector which accounts for more than 80 percent of the international use of Urea.

The Asia Pacific is the primary supply market, accounting for more than 60 percent of the world market share for Urea. The demand for Urea in the region is anticipated to be at 2.2 percent over the next forecast. The robust growth rate in this region is due to increasing demands by India and Thailand for traditional fertilizers. In the Asia Pacific region, China is the most prolific producer and the largest consumer of Urea. India is second to China as the second-largest market. China has also been the biggest net exporter of Urea, with its exports mainly to India and North America. While most exporters come from countries with abundant gas, China is a significant exporter due to its ample coal resources, which serve as the primary feedstock for the product.

Contrary to China, a self-sufficient Urea market, India has to import the substance to meet regional demand. India is one of the largest importers of Urea in the world and accounts for more than 15% of all imports. In addition, China, Indonesia, and Pakistan export the product to satisfy the demands of the local market in the region. Other important importers within the area are South Korea and Thailand.

North America, another significant market for Urea, is set to increase its capacity, which could decrease the region’s dependence on imports. There are numerous projects in the pipeline to increase capacity and, in turn, the region’s supply. Demand for this product within North America is higher than the growth rate in the global market. The increase in demand could be due to the growing economic activity in the region.

Properties and Applications

Urea often referred to as carbamide, is a diamide of carbonic acid using the formula H2NCONH2. It is used as a feed supplementation and fertilizer. It can also be used as a raw material to make medications and plastics. It is a transparent crystallized material that melts at temperatures of 132.7 C (271 F) and then degrades before it reaches a point of boiling. It can be used across the following areas:

  • Fertilizer
  • Urea Formaldehyde (UF) and Melamine Resins
  • Melamine (Cyanurates)
  • Animal Feeding
  • Other

This MWR report also covers regional markets for Urea such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Market Analysis

The expanding agricultural sector is driving the worldwide urea market’s growth. Urea, along with its derivatives, is extensively utilized in fertilizers for most needs, including in North America, Brazil, and India. The rising demand for nitrogen fertilizers has pushed the increasing demand for the product on the market. So, the growing fertilizer market and nitrogen use increase the need for Urea further.

China is a significant source of coal. It is a crucial fuel for Urea production, and Chinese coal prices support the expansion of urea production within the region. The countries in the developing world, including those South Asian and Latin American countries, will likely see an increase in consumption of the substance as opposed to other regions because of the rising demand for products in those regions. Urea is also an important feedstock in manufacturing adhesives, plastics, resins, etc. This is why growing markets for these products are a significant contributor to the expansion of the need for Urea. It is also extensively used in cars because of the new rules regarding nitrogen oxide’s use within diesel engines and is driving the market for Urea even further. It is also utilized extensively to make urea-formaldehyde resins, melanine, diesel exhaust fluids, and livestock feed. The increasing demand for these products is assisting the expansion of the market.

Urea Market  Report Scope and Segmentation

ATTRIBUTESDETAILS
ESTIMATED YEAR2022
BASE YEAR2021
FORECAST YEAR2030
HISTORICAL YEAR2017-2021
UNITValue (USD Million/Billion)
BY REGIONNorth America, Europe, Asia Pacific, Latin America, Middle East and Africa

The Competitive Landscape

The report offers a comprehensive analysis of the key participants in the world market for Urea, including their capacities, competitive landscapes, and the latest developments, such as mergers, acquisitions, expansions of capacity, investments, and plant turnarounds

  • Yara International ASA
  • Qatar Fertiliser Company (QAFCO)
  • PT Pupuk Kaltim
  • Archroma
  • Koch Industries
  • SABIC
  • Indian Farmers Fertiliser Cooperative Ltd. (IFFCO)
  • CF Industries Holdings, Inc.
  • Nutrien Ltd.
  • EuroChem
  • National Fertilizers Ltd (NFL)
  • Saudi Arabian Fertilizer Company (SAFCO)
  • Engro Corporation Limited
  • Other

Major Segmentation

Breakup by Grade:

  • Fertilizers Grade
  • Feed Grade
  • Technical Grade

Breakup by Application:

  • Nitrogenous Fertilizer
  • Stabilizing Agent
  • Keratolyte
  • Resin
  • Others

Breakup by End-Use Industry:

  • Agriculture
  • Chemical
  • Automotive
  • Medical
  • Others

The comprehensive MWR report provides an in-depth assessment of the industry based on Porters five forces model, along with giving a SWOT analysis. The report also provides the price analysis and trade data for the market.

REPORT FeaturesDETAILS
Base Year2020
Historical Period2017-2021
Forecast Period2022-2030
The scope of the ReportTrends in the past and forecasted trends, Industry Drivers and Limitations Forecast and Historical Market Analysis by Segment Application and Region
Breakup through ApplicationFertilizer, Urea Formaldehyde (UF) & Melamine Resins, Melamine (Cyanurates), Animal Feed, Others
Breakup of Regions by RegionNorth America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market DynamicsSWOT Porter’s Five Forces, MWRs Key Indicators of Demand and Price
Trade Data AnalysisLarge Importing countries by Volume and Value Major Exporting Countries based on Volume and Value
Price AnalysisPrices Trends in the Past and Future – Regional
The Competitive LandscapeMarket Structure, Company Profiles – Company Overview Products portfolio, demographic reach, and Awards, Certificates and Achievements
The Report Price as well as the Purchase OptionFind out about our purchasing options which are the best fit for your needs and your industry.
Delivery FormatIt is delivered as an attachment PDF as well as Excel via email, with the possibility of receiving an editable PPT depending on the option to purchase.

Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Italy
    • France
    • UK
    • Spain
    • Poland
    • Russia
    • The Netherlands
    • Norway
    • Czech Republic
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Indonesia
    • Malaysia
    • Thailand
    • Singapore
    • Australia & New Zealand
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Colombia
    • Rest of South America
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • South Africa
    • Northern Africa
    • Rest of MEA

 

Table of Contents

1 Preface
2 Report Coverage Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Urea Market Analysis
8.1 Key Industry Highlights
8.2 Global Urea Historical Market (2022-2027)
8.3 Global Urea Market Forecast (2022-2027)
8.4 Global Urea Market by Application
8.4.1 Fertilizer
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Urea Formaldehyde (UF) & Melamine Resins
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Melamine (Cyanurates)
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.4.4 Animal Feed
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2017-2021)
8.4.4.3 Forecast Trend (2022-2027)
8.4.5 Others
8.5 Global Urea Market by Region
8.5.1 Market Share
8.5.1.1 North America
8.5.1.2 Europe
8.5.1.3 Asia Pacific
8.5.1.4 Latin America
8.5.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porters Five Forces Analysis
10.2.1 Suppliers Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 MWRs Key Indicators for Demand
10.4 MWRs Key Indicators for Price
11 Trade Data Analysis (HS Code 310210)
11.1 Major Importing Countries
11.1.1 By Value
11.1.2 By Volume
11.2 Major Exporting Countries
11.2.1 By Value
11.2.2 By Volume
12 Price Analysis
13 Value Chain Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Yara International ASA
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Indian Farmers Fertiliser Cooperative Ltd.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 PT Pupuk Kaltim
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Qatar Fertiliser Company
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 National Fertilizers Ltd
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Engro Corporation Limited
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Saudi Arabian Fertilizer Company
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 CF Industries Holdings, Inc.
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 Nutrien Ltd.
14.2.9.1 Company Overview
14.2.9.2 Product Portfolio
14.2.9.3 Demographic Reach and Achievements
14.2.9.4 Certifications
14.2.10 Others
15 Industry Events and Developments

List of Figures and Tables

1. Global Urea Market: Key Industry Highlights, 2016 and 2026
2. Global Urea Historical Market: Breakup by Application (USD Million), 2017-2021
3. Global Urea Market Forecast: Breakup by Application (USD Million), 2022-2027
4. Global Urea Historical Market: Breakup by Region (USD Million), 2017-2021
5. Global Urea Market Forecast: Breakup by Region (USD Million), 2022-2027
6. North America Urea Historical Market: Breakup by Country (USD Million), 2017-2021
7. North America Urea Market Forecast: Breakup by Country (USD Million), 2022-2027
8. Europe Global Historical Market: Breakup by Country (USD Million), 2017-2021
9. Europe Global Market Forecast: Breakup by Country (USD Million), 2022-2027
10. Asia Pacific Global Historical Market: Breakup by Country (USD Million), 2017-2021
11. Asia Pacific Global Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Latin America Global Historical Market: Breakup by Country (USD Million), 2017-2021
13. Latin America Global Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Middle East and Africa Urea Historical Market: Breakup by Country (USD Million), 2017-2021
15. Middle East and Africa Urea Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Major Exporting Countries by Value
17. Major Importing Countries by Value
18. Major Exporting Countries by Volume
19. Major Importing Countries by Volume
20. Global Urea Market Structure

Major Companies

  • Yara International ASA
  • Qatar Fertiliser Company (QAFCO)
  • PT Pupuk Kaltim
  • Archroma
  • Koch Industries
  • SABIC
  • Indian Farmers Fertiliser Cooperative Ltd. (IFFCO)
  • CF Industries Holdings, Inc.
  • Nutrien Ltd.
  • EuroChem
  • National Fertilizers Ltd (NFL)
  • Saudi Arabian Fertilizer Company (SAFCO)
  • Engro Corporation Limited
  • Other

Segmentation

Breakup by Grade:

  • Fertilizers Grade
  • Feed Grade
  • Technical Grade

Breakup by Application:

  • Nitrogenous Fertilizer
  • Stabilizing Agent
  • Keratolyte
  • Resin
  • Others

Breakup by End-Use Industry:

  • Agriculture
  • Chemical
  • Automotive
  • Medical
  • Others

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