Agriculture Urea Market Report: Trends, Forecast and Competitive Analysis to 2030

Agriculture Urea Trends and Forecast

The future of the global agriculture urea market looks promising with opportunities in the fertilizer and animal feed additive markets. The global agriculture urea market is expected to grow with a CAGR of 4.5% from 2024 to 2030. The major drivers for this market are increasing global demand for food production and growing emphasis on enhancing crop yield and productivity.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Agriculture Urea by Segment

The study includes a forecast for the global agriculture urea by type, application, and region.

Agriculture Urea Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Granular Urea
• Prilled Urea

Agriculture Urea Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Fertilizer
• Animal Feed Additive
• Others

Agriculture Urea Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Agriculture Urea Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies agriculture urea companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the agriculture urea companies profiled in this report include-

• Yara
• CF Industries
• QAFCO
• Eurochem
• Koch
• Nutrien
• OCI
• Yangmei Chemical
• Hualu-Hengsheng
• SABIC

Agriculture Urea Market Insights

Lucintel forecasts that prilled is expected to witness higher growth over the forecast period.

Within this market, fertilizer will remain the largest segment.

APAC is expected to witness the highest growth over the forecast period.

Features of the Global Agriculture Urea Market

Market Size Estimates: Agriculture urea market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Agriculture urea market size by type, application, and region in terms of value ($B).

Regional Analysis: Agriculture urea market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the agriculture urea market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the agriculture urea market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the growth forecast for agriculture urea market?

Answer: The global agriculture urea market is expected to grow with a CAGR of 4.5% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the agriculture urea market?

Answer: The major drivers for this market are increasing global demand for food production and growing emphasis on enhancing crop yield and productivity.

Q3. What are the major segments for agriculture urea market?

Answer: The future of the agriculture urea market looks promising with opportunities in the fertilizer and animal feed additive markets.

Q4. Who are the key agriculture urea market companies?

Answer: Some of the key agriculture urea companies are as follows:

• Yara
• CF Industries
• QAFCO
• Eurochem
• Koch
• Nutrien
• OCI
• Yangmei Chemical
• Hualu-Hengsheng
• SABIC

Q5. Which agriculture urea market segment will be the largest in future?

Answer: Lucintel forecasts that prilled is expected to witness higher growth over the forecast period.

Q6. In agriculture urea market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness the highest growth over the forecast period.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the agriculture urea market by type (granular urea and prilled urea), application (fertilizer, animal feed additive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?