Global Urea Market Size, Insights, Drivers, Opportunities, By Grade (Fertilizer, Feed, and Technical), By Application (Agriculture, Industrial, Others), By Region, Growth, Trends and Forecast from 2019 to 2027
Global Urea Market Size, Insights, Drivers, Opportunities, By Grade (Fertilizer, Feed, and Technical), By Application (Agriculture, Industrial, Others), By Region, Growth, Trends and Forecast from 2019 to 2027
Historic years: 2015 to 2017 Base Year: 2018 Forecast Years: 2019 to 2027
Number of pages: 100 Category: Chemicals Report Id: MISCH5602
Market Insight
The global urea market was valued at above USD 38 billion in 2018 and is estimated to reach a value of USD xx billion in 2027. The market analysis shows a rise at a CAGR of xx% over the forecast period of 2019 to 2027. The increase in the demand for fertilizers in the agriculture sector has anticipated the growth of the market. Moreover, the growth in regulations of the automotive industry has increased the need for the urea market over the forecast period. The use of urea in a number of new and advanced applications such as bio-bricks is likely to anticipate the demand in the global urea market. Primary and secondary researchers have found Qatar Fertilizer Company, Yara International ASA, Koch Industries, Inc., SABIC, OCI NV, CF Industries, Nutrien Ltd., EuroChem Agro GmbH, Group DF, Hubei Yihua Chemical Industry as key players in the global urea product market. However, considering the analysis of this segment, factors like company revenue, consumer trends towards selecting a particular brand and penetration of the urea companies are being considered.Segment Insight
The global urea market has been segmented on the basis of grade, application, and region. Based on grade type, the market is segmented into fertilizer, feed, and technical. By application, the market is segmented into agriculture, industrial, and others. By region, the global urea market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific region is expected to dominate the market during the forecast period due to the rise in product development of agriculture, especially in countries such as China and India.Research Methodology
The following report consists of market analysis including both primary and secondary research. Primary research comprises the interaction between manufacturers, industry experts and channel partners, while the secondary research presents an analytical interpretation of relevant published database, which contains details like proprietary databases, purchased database, company annual reports, and financial reports.
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Segments covered in the report
Grade Outlook- Fertilizer
- Feed
- Technical
- Agriculture
- Industrial
- Others
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- France
- Germany
- Asia Pacific
- China
- India
- Japan
- Central & South America
- Brazil
- Middle East & Africa
- South Africa
- All market drifts, drivers and opportunities
- Analyzing the regional market for the growth factors, estimated analysis and its penetration to the global market
- Understanding the dynamics of the parent market
- Prime fluctuations of the market dynamics
- Evaluation of the market opportunities
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Market segmentation and comprehensive analysis in the second or third level
- Reporting and evaluation of recent industry developments
- Analysis of market share and developments
- Detailed company profiling of leading companies
- Opportunities to newer markets in global and regional markets
- Analyzing the trajectory line of the business
- Measures to consider for urea products in the market