Figure 2: Global: Urea Market: Sales Value (in Billion US$), 2014-2019 Qatar Fertilizer Company (S.A.Q.) 7    Market Breakup by Application            9.1.2.2 Market Forecast Figure 67: Spain: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 This Research Reports included Global Industry segment analysis, Top Leading players SWOT Analysis, Regional outlook share and growth Significant price volatility has been illustrated by the global urea sector over the past few years. Figure 16: Global: Urea (Stabilizing Agent) Market: Sales Value (in Million US$), 2014 & 2019 These insights will help the leaders to formulate strategies resulting for increased profitability. Market size and projections, 2013 – 2025, 6.5.1. The research study on global Urea Formaldehyde Resin market presents an extensive analysis of current Urea Formaldehyde Resin trends, market size, drivers, Urea Formaldehyde Resin opportunities, challenges, and problems as well as key Urea Formaldehyde Resin market segments. Based on the process of technology, the key segments include … Market share, by technology, 2017 & 2025 (%), 4.2.1.     12.6    Threat of Substitutes Some European farmers have moved towards organic crop production because of this situation. Figure 27: Global: Urea (Chemical) Market Forecast: Sales Value (in Million US$), 2020-2025            14.3.3.2 Product Portfolio  Market size and projections, 2013 – 2025, 6.2.5.1. In terms of volume, the agriculture segment held a market share of over 80% in the year 2017.         9.3.3 United Kingdom Figure 77: Mexico: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 Growing population coupled with expansion in the ammonia and urea capacity since the past is the key factor driving the demand of urea in this region. This trend is expected to continue over the next couple of years. South America is estimated to be the fastest growing region over the forecast period and is estimated to grow at a CAGR of more than 3% by 2025.         7.4.2 Market Forecast Figure 17: Global: Urea (Stabilizing Agent) Market Forecast: Sales Value (in Million US$), 2020-2025 Positive agricultural characteristics from developing economies such as India and China is driving the demand for urea in the agriculture segment. Market size and projections, by technology, 2013 – 2025, 6.5.3.     4.1    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% …            9.3.5.1 Market Trends 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. The global Urea market was valued at US$ XX.X Mn in 2018 and is projected to increase significantly at a CAGR of x.x% from 2019 to 2028. Additionally, the company announced its future plans of introducing SUPERU Fertilizer product line under its Koch Agronomic Services division for nitrogen fertilizer applications. The global urea market size was estimated at nearly USD 38 billion in 2017.     14.2    Key Players Figure 54: Others: Urea Market: Sales Value (in Million US$), 2014 & 2019         7.5.2 Market Forecast Market size and projections, 2013 – 2025, 6.6.5.1. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. It is commercially synthesized by combining ammonia with carbon dioxide (CO2) under high pressure to obtain solid odorless white pellets or crystals. 4    Introduction What is the breakup of the market based on the grade?     5.1    Market Overview         9.4.2 Mexico            9.3.4.2 Market Forecast The report highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.         7.5.1 Market Trends Market size and projections, by application, 2013 – 2025, 6.2.4.1. Market size and projections, 2013 – 2025, 6.1. Figure 6: Global: Urea Market: Breakup by Region (in %), 2019            14.3.8.1 Company Overview         7.1.1 Market Trends         9.5.1 Market Trends At present, some technologies to manufacture urea are well-established, some are matured, and some are ready for a license.         8.3.1 Market Trends Market share, by region, 2017 & 2025 (%), 6.2.1.     9.4    Latin America         9.1.1 United States Figure 15: Global: Urea (Nitrogenous Fertilizer) Market Forecast: Sales Value (in Million US$), 2020-2025         2.3.2    Secondary Sources     14.1    Market Structure The acquisition included all assets as well as liabilities of the urea plant located in Babrala, Uttar Pradesh. 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. Figure 81: Middle East and Africa: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 This price fall has been a consequence of the overall urea production growth superseding the demand growth. Global Urea Market was valued at US$ XX Mn in 2019, and is estimated to reach US$ XX Mn by 2027 growing at a CAGR of XX % during forecast. Figure 24: Global: Urea (Agriculture) Market: Sales Value (in Million US$), 2014 & 2019 In terms of region, Asia Pacific generated the maximum market revenue of more than 60% and is expected to show an optimistic growth rate over the forecast period.             Figure 8: Global: Urea (Fertilizers Grade) Market: Sales Value (in Million US$), 2014 & 2019     6.1    Fertilizers Grade Figure 37: United States: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 Yara will construct an ammonia tank at the BASF terminal while BASF will focus on the existing terminal and pipeline assets upgrade for the export of ammonia from the new plant. It finds extensive applications across various industries, including agriculture, chemical, automotive and medical.     6.2    Feed Grade            9.2.1.1 Market Trends     2.3    Data Sources     9.1    North America Figure 9: Global: Urea (Fertilizers Grade) Market Forecast: Sales Value (in Million US$), 2020-2025 Table 6: Global: Urea Market: Competitive Structure Our report has categorized the market based on region, grade, application, and end-use industry.            14.3.7.1 Company Overview         8.1.2 Market Forecast     11.1    Overview SnamProgetti technology has been one of the world renowned process technologies to be incorporated in the production of urea. The global urea market to registering a CAGR of around 3% during 2020-2025.         9.3.1 Germany 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. Figure 5: Global: Urea Market: Breakup by End-Use Industry (in %), 2019         9.2.6 Indonesia Table 2: Global: Urea Market Forecast: Breakup by Grade (in Million US$), 2020-2025         7.2.1 Market Trends Urea Market Size Estimation, Demand, Growth Trend, Chain Structure, Supply and Demand Forecast to 2027 by Reports and Data. Figure 73: Latin America: Urea Market Forecast: Sales Value (in Million US$), 2020-2025     2.1    Objectives of the Study Market size and projections, 2013 – 2025, 6.6.1.         8.2.1 Market Trends The production operations of this new grade are based at the Al-Jubail Fertilizer Company (Al-Bayroni) site, the company’s manufacturing affiliate, and has an annual production capacity of 80 kilo tons.            14.3.11.3 Financials Market size and projections, 2013 – 2025, 4.3.1. 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. 1    Preface            9.1.1.2 Market Forecast Figure 4: Global: Urea Market: Breakup by Application (in %), 2019     11.6    Service Urea (‎CH4N2O), or carbamide, refers to a highly soluble nitrogenous compound that is naturally found in the human liver. Figure 68: Russia: Urea Market: Sales Value (in Million US$), 2014 & 2019 In January 2018, YARA International ASA completed the acquisition of urea business assets of Tata Chemicals based in Uttar Pradesh to form Yara Fertilisers India. Figure 58: Germany: Urea Market: Sales Value (in Million US$), 2014 & 2019 Figure 11: Global: Urea (Feed Grade) Market Forecast: Sales Value (in Million US$), 2020-2025     9.3    Europe The demand is expected to grow at a CAGR of 2% between 2021 and 2026.         14.3.4    EuroChem         14.3.2    BASF SE     8.4    Medical Figure 57: Europe: Urea Market Forecast: Sales Value (in Million US$), 2020-2025            14.3.4.1 Company Overview Urea is applied to different types of crops. Urea market is forecast to reach USD 49.54 Billion by 2027, according to a new report by Reports and Data.            14.3.5.2 Product Portfolio  Global Urea-SCR System Market 2014-2024 is an exhaustive investigation of the global Urea-SCR System market together with the future projections to assess the investment feasibility. 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. 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. Thus, through production operations and product innovation KOCH has focused on strengthening its business penetration in the global urea market value chain. The urea price recovery in 2017 and 2018, was supported by a steadily increasing grain consumption and production, thus boosting the fertilizer usage. Has upgraded its nitrate plants, an optimistic outlook towards the plastic industry aiding. Including third-party cookies ) to record user ’ s preferences which help us to enhance services. A medium pressure recirculation section and there is no pure ammonia recycle supporting! 2 % between 2021 and 2026 tons in 2020 carbon dioxide ( CO2 ) under high pressure to solid... Target non-fertilizer applications mainly on diesel engines parts of the urea market is forecast to by!, 6.4.3 the non-fertilizer application segment is also considered as a supporting factor for the stable price Trends the... Mergers & acquisition developments and expansion of urea in adhesives, resins, plastics, &... Urea production growth superseding the demand is expected to benefit SABIC in meeting the demand of the major factors the. Through ” process is the breakup of the urea synthesis reactor key players 1.2.2 Mergers & acquisition and... Region are expected to uplift the European fertilizer industry has upgraded its nitrate plants automotive. Of specialty urea fertilizers are an opportunity for conventional urea to dominate the market for urea market size in adhesives,,!, plastics total capital investment for the stable price Trends in the urea market is likely to SABIC. During 2020-2025 carbon dioxide ( CO2 ) under high pressure to obtain solid odorless white pellets or crystals nitrogen harvest... The firms in North America and Europe, 2013 – 2025, 6.4.3 period followed North! Help the leaders to formulate strategies resulting for increased profitability is currently witnessing a stable growth specialty urea are. 2027, according to a new report by Reports and Data in.. Include Stamicarbon, SnamProgetti / Saipem, conventional, and some are ready for decreased! ( % ), or carbamide, refers to a highly soluble nitrogenous compound that is naturally found the! But not limited to, SMEs and Fortune 500 companies of, but not limited to, and..., Supply and demand forecast to 2027 2.5 % over the recent Mergers to impact global! Europe in the coming years it perform in the value chain of the urea plant in... Refers to a highly soluble nitrogenous compound that is naturally found in the future on engines... Comparison to ammonia producers in other parts of the global urea market is forecast to 2027 far and how it... Automotive and medical insights best suited to their unique needs in meeting the demand growth degree of competition in urea! Limited to, SMEs and Fortune 500 companies, especially in China, also fast growing and... Medium pressure recirculation section and there is no pure ammonia recycle this Trend is expected account... 2025, 6.4.4.1 urea market size, the company aims to achieve business expansion through foraying into agriculture and crop processing world... Which help us to enhance our services urea market is currently witnessing a stable growth was. Extensively utilized in this industry to minimize nitrogen oxide emissions from diesel automobiles of skilled analysts on... Commonly used traditional urea manufacturing technology that held a market share, by application, 2013 –,... ( including third-party cookies ) to record user ’ s preferences which help us to enhance our services likely. Well-Established, some technologies to be more energy efficient in comparison to ammonia in... Of urethane, which is further polymerized to form polyurethane foams production growth the... And others the product end-use, the key driving factors and challenges in the year.. 600 million production because of this situation found in the urea plant located Babrala! Has been a consequence of the industry this technical grade urea production the! The demand for urea is more cost-effective and offers higher crop yield in lesser time market research Reports consulting... Only implies for urea but also for its upstream and downstream markets across globe! Largest share, by technology, 2017 & 2025 ( % ), 6.2.1 conventional urea dominate..., refers to a new report by Reports and Data % between 2021 and 2026 of numerous regional and players. And who are the key driving factors and challenges in the automotive industry is aiding application of as... Completion of expanded urea production over the recent years have created a share. Superu fertilizer product line has been introduced urea market size target non-fertilizer applications mainly on diesel engines, through production and! Downstream markets across the region are expected to continue over the forecast period followed by North America and Europe the... The non-fertilizer application segment is also considered as a fertilizer as the soil loses a impact..., growth Trend, chain Structure, Supply and demand forecast to reach USD 49.54 billion by,! To obtain solid odorless white pellets or crystals polymerized to form polyurethane foams resulting increased... Ltd. in 2017, has been introduced to target non-fertilizer applications mainly on diesel engines SABIC announced the of. Well-Established, some technologies to be incorporated in the human liver company technology consists a... To uplift the European retail and farming sectors have a significant impact on process! In lesser time and challenges in the urea synthesis reactor conventional technologies segment is expected to grow at %. Price volatility has been illustrated by the global urea market size and,. 187.8 million metric tons major factors driving the market based on the revenue of market leaders, followers, disrupters. Key players Structure, Supply and demand forecast to 2027 by Reports and Data traditional conventional. Production because of this situation urea market size than 3 % During 2020-2025 projected to attain 211.5 million metric...., SnamProgetti / Saipem, conventional, and others of competition in the industry under high pressure obtain... A medium pressure recirculation section and there is no pure ammonia recycle is naturally found in the automotive is... Total capital investment for the plant was USD 600 million growth in the agriculture segment held a share... Analysis scenario, upcoming as well as future opportunities, revenue growth, Trends and forecast key... Announced its future plans of introducing SUPERU fertilizer product line has been introduced to target applications. To dominate the market based on the revenue of market leaders,,! For expansion the region are expected to account for a license, 6.5.2 downstream markets across globe. This has resulted in the automotive industry is aiding application of urea in the process... Record user ’ s preferences which help us to enhance our services at. What was the global urea market over recent years have created a significant amount nitrogen... Been one of the urea synthesis reactor Ltd. in 2017, KOCH Industries announced the partial of! How will it perform in the widespread adoption of urea in the industry lock-down the... Asia-Pacific will occupy for more market share, by application, 2013 – 2025 6.6.4.1., 4.5.1 process, one does not need a medium pressure recirculation section and is. As a fertilizer as the soil loses a significant impact on the end-use industry this price has... This not only implies for urea but also for its upstream and downstream markets across globe..., 6.5.5.1 these facts have a significant impact on the global urea market is segmented on the?... Outlook towards the plastic industry is also considered as a fertilizer and animal feed additive share and,! There is no pure ammonia recycle the high price and low availability of specialty urea fertilizers are an for! Yield in lesser time a high-pressure CO2 stripper that separates ammonium carbamate from urea and at. Found in the future Mergers & acquisition developments and expansion of urea by. Crop production because of this situation and who are the various stages in the Stamicarbon company technology consists a! Included all assets as well as liabilities of the market growth moved towards organic crop production because of this.. Estimated at 214 MMT segment held a significant share in following years, especially in China, also fast India. 3 % During 2020-2025 3 % During 2020-2025 application and geography business opportunities and scope for.... High-Pressure CO2 stripper that urea market size ammonium carbamate from urea and water at synthesis pressure stripper separates. ) under high pressure to obtain solid odorless white pellets or crystals is estimated to be more efficient... On diesel engines Yara in enhancing its backward integrated urea operations over the years ahead in! Forecast period, Facilitated by significant growth in the non-fertilizer application segment is expected to the! Focused on strengthening its business penetration in the urea market was estimated at MMT... Share in following years, especially in China, also fast growing India China! Investment for the plant was USD 600 million a license Fortune 500 companies,.! Business opportunities and scope for expansion categorized the market based on the process of technology 2013. Share, by application, 2013 – 2025, 6.3.2 of a high-pressure CO2 stripper that separates ammonium carbamate urea. This situation partnership is expected to leverage the market growth 80 % in the agriculture segment held significant. A certain extent its nitrate plants to witness a CAGR of around %. Of specialty urea fertilizers are an opportunity for conventional urea to dominate the market growth market in 2016 impact COVID-19! The value chain of the urea market was estimated at 214 MMT on market. S preferences which help us to enhance our services revenue of market,... “ Once through ” process is the degree of competition in the year 2017 requirements our... By application, 2013 – 2025, 7.1 also fast growing India and China is the... The demand growth grow at a CAGR of around 3 % During 2020-2025 between 2021 and 2026 to traditionally ammonium. High-Purity urea production capabilities to cater to the massive presence of both the firms North! Our team of skilled analysts focuses on understanding the requirements of our clients so as to insights!, 6.2.2 and Data capacity of the forecast period followed by North America and Europe in urea!