Global Urea Capacity and Capital Expenditure Outlook, 2024 -2030

Global urea capacity is poised to see considerable growth by 2030, potentially increasing from 241.92 million tonnes per annum (mtpa) in 2023 to 307.47 mtpa in 2030. Around 67 planned and announced plants are likely to come online by 2030, primarily in the Former Soviet Union, Asia, Africa, and the Middle East. Among countries, Russia is expected to lead urea capacity growth by 2030, followed by Iran and India. Nakhodka Fertilizer Plant, Turkmenhimiya, and Reliance Industries Ltd are the top three companies by planned and announced capacity additions globally by the end of the decade.

Scope

• Global urea capacity outlook by region from 2024 to 2030
• Urea new build and expansion capacity additions region key countries, and key companies
• New build and expansion capital expenditure outlook by region, key countries, and key companies globally
• Key details of the top 10 planned and announced urea plants globally (up to 2030)

Reasons to Buy

• Obtain the most up-to-date information on active, and upcoming urea plants globally
• Identify opportunities in the global urea industry with the help of upcoming projects and capex outlook
• Facilitate decision-making on the basis of strong outlook of urea capacity data
• Assess key projects data of your peers and competitors