Copyright © IMARC Service Pvt Ltd. All Rights Reserved Global Urea Market Research and Upcoming Forecast Report Author: Elena Anderson, Marketing Manager | IMARC Group© 2019 IMARC All Rights Reserved
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Urea is an organic nitrogenous compound with the chemical formula CH4N2O. It is a colorless, crystalline solid characterized by its high solubility and neutral pH. It is either naturally created in humans as well as other mammals and amphibians by protein metabolism or can be synthesized by combining ammonia with carbon dioxide (CO2) under high pressure. It is widely utilized as a fertilizer and animal feed additive in the agricultural sector. It provides nitrogen to the plants to promote healthy growth and assists them during the photosynthesis process. Apart from this, the compound finds extensive utilization across the chemical, medical and automotive industries in the manufacturing of plastics, pharmaceuticals, adhesives, laminates, and resins.
Urea Market Outlook 2026: According to the latest report by IMARC Group, titled "Urea Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026.," The global urea market exhibited stable growth during 2015-2020.
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The market is primarily driven by the significant growth in the agricultural sector across the globe. There has been a growing demand for nitrogen fertilizers from the sector as they aid in promoting rapid growth and encouraging the healthy development of foliage and fruit. The use of these fertilizers, including urea, consequently, delivers a higher crop yield in a limited time, which is boosting their sales on the global level. Along with this, urea is widely used in the automotive industry to reduce nitrogen oxide emissions from diesel engines to meet emission regulations. Automotive urea is utilized in the exhaust systems and tanks of diesel-powered vehicles to remove nitrogen oxide from the exhaust. Furthermore, the advent of fluid bed granulation technology that is utilized in the manufacturing of urea is acting as another major growth-inducing factor. This technology ensures high efficiency and excellent quality of the end product that offers high resistance to crushing and abrasion. Some of the other factors contributing to the market growth include the growing application of urea in the healthcare and personal care sectors, extensive research and development (R&D), and the increasing need for efficient cattle feed supplements. Looking forward, IMARC Group expects the market to grow at a CAGR of around 3% during 20212026.
Global Urea Market Trends:
Report Description Report Description and Highlights Key Market 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
Report Description Report Description and Highlights Breakup by Region: •North America •Asia Pacific •Europe •Latin America •Middle East and Africa Note: We are updating our research report 2021-2026. If you want to need latest primary and secondary data with Cost Module, Business Strategy, Distribution Channel, etc
Report Description Report Description and Highlights Competitive Landscape: •Acron •BASF SE •BIP (Oldbury) Limited •EuroChem •Jiangsu Sanmu Group Co. Ltd. •Koch Fertilizer LLC •OCI Nitrogen •Petrobras •Qatar Fertiliser Company •SABIC •Yara International ASA View Report TOC, Figures and Tables: https://www.imarcgroup.com/urea-market
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Report Description Report Description and Highlights © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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