Figure 24: Global: Urea (Agriculture) Market: Sales Value (in Million US$), 2014 & 2019 Figure 64: Italy: Urea Market: Sales Value (in Million US$), 2014 & 2019 Figure 79: Others: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 Figure 22: Global: Urea (Other Applications) Market: Sales Value (in Million US$), 2014 & 2019 Table 2: Global: Urea Market Forecast: Breakup by Grade (in Million US$), 2020-2025 The market for urea is expected to witness a CAGR of more than 2.5% over the forecast period. Figure 7: Global: Urea Market Forecast: Sales Value (in Billion US$), 2020-2025 In the Stamicarbon process, one does not need a medium pressure recirculation section and there is no pure ammonia recycle. In October 2017, KOCH Industries announced the partial completion of expanded urea production. Technical Urea Market Size, Share & Industry Analysis, By Product (Small Particles(0.85mm-2.8mm), Medium Particles(1.18mm-3.35mm), Large Particles(2mm-4.75mm), By Application (Agriculture, Chemical, Automotive, Medical)and Regional Forecast, 2020-2027 9.2.3 India 7.15. Figure 57: Europe: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 *As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic. Figure 54: Others: Urea Market: Sales Value (in Million US$), 2014 & 2019 One of the major factors driving the market studied is the increasing ⦠7.5.1 Market Trends The global granular urea market is estimated to reach US$ 49.0 billion by the end of 2027, exhibiting a CAGR of 3.3% over the forecast period, owing to increasing demand for granular urea from various end-use industries. Also, Road Transport and Highways Minister of India suggested a way to manufacture urea by storing the urine of people so that it would no longer need to import the chemical composite used to manufacture fertilizer outside India. In 2016, the global capacity of the urea market was estimated at 214 MMT. 14.3.10.1 Company Overview Urea Market Size, Share and Ecosystem, Business Growth, Trends and Forecast to 2027. Figure 82: Global: Urea Industry: SWOT Analysis Market share, by technology, 2017 & 2025 (%), 4.2.1. 6.3 Technical Grade Figure 50: Australia: Urea Market: Sales Value (in Million US$), 2014 & 2019 Yara will construct an ammonia tank at the BASF terminal while BASF will focus on the existing terminal and pipeline assets upgrade for the export of ammonia from the new plant. 9.3.1.2 Market Forecast 9.3.1 Germany In particular, this report presents the global market share (sales and revenue) of key companies in Urea business, shared in Chapter 3. Market size and projections, 2013 – 2025, 6.5.2. Figure 40: Asia Pacific: Urea Market: Sales Value (in Million US$), 2014 & 2019 However, the European retail and farming sectors have a negative perspective towards urea. 9.3.4.2 Market Forecast Urea (âCH4N2O), or carbamide, refers to a highly soluble nitrogenous compound that is naturally found in the human liver. 8.5.2 Market Forecast 14.3.9 Qatar Fertiliser Company Global skincare and dermatology market size is anticipated to surpass USD 90 billion by 2028, thus further propelling urea market revenue. What is the factor contributing to the ⦠To examine and study the Global Solid Urea Market size (volume & value) from the company, essential regions/countries, products, and application, background information from 2012 to 2018, and also prediction to 2028. The global urea market is likely to expand at a CAGR of more than 3% from 2018 to 2025. Significant price volatility has been illustrated by the global urea sector over the past few years. 11.5 Marketing and Sales The global urea market size is expected to register a significant CAGR during the forecast period 2020 to 2027. In terms of volume, the agriculture segment held a market share of over 80% in the year 2017. The acquisition included all assets as well as liabilities of the urea plant located in Babrala, Uttar Pradesh. Figure 72: Latin America: Urea Market: Sales Value (in Million US$), 2014 & 2019 7.1.2 Market Forecast 7.2.1 Market Trends 6.2 Feed Grade 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. Market size and projections, by technology, 2013 – 2025, 6.6.3. Figure 5: Global: Urea Market: Breakup by End-Use Industry (in %), 2019 Up Market Research offers a latest published report on âGlobal Urea Formaldehyde Market Research Report 2019â delivering key insights and providing a competitive advantage to clients through a detailed report. Urea having chemical formula CH4N2O or also called as carbamide, is a highly soluble nitrogenous compound that is naturally found in the human lever. Suphur Coated Urea Market, By Product Type (Wax Sulphur Coated Urea, Polymer Sulphur Coated Urea), By Application (Agriculture, Golf Courses, Professional Lawn Care & Turf, Others), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027 List of Figures, Figure 1: Global: Urea Market: Major Drivers and Challenges 9.3.5.2 Market Forecast 7.4.1 Market Trends According to this study, over the next five years the Urea Nozzle market will register a xx%% CAGR in terms of revenue, the global market size will reach $ xx million by 2025, from $ xx million in 2019. What is the degree of competition in the industry. 9.1 North America Figure 63: United Kingdom: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 The high price and low availability of specialty urea fertilizers are an opportunity for conventional urea to dominate the market. Sulfur Coated Urea Market Size, Share & Trends Analysis Report By Product Type, By Application, By Region, And Segment Forecasts, 2019 To 2025. The research study on global Urea Formaldehyde Resin market presents an extensive analysis of current Urea Formaldehyde Resin trends, market size, drivers, Urea Formaldehyde Resin opportunities, challenges, and problems as well as key Urea Formaldehyde Resin market segments. 6.2.1 Market Trends A stable price trend is likely to reflect by the end of 2020, owing to the combined effect of declining urea supply in developed regions and strong consumption growth in the Asia Pacific region. Market size and projections, by application, 2013 – 2025, 6.3.4.1. Figure 51: Australia: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 Further, in the Urea Formaldehyde Resin market report, various definitions and classification of the ⦠The agriculture segment constituted the largest share, both in terms of volume and value. Figure 11: Global: Urea (Feed Grade) Market Forecast: Sales Value (in Million US$), 2020-2025 9.1.1.2 Market Forecast Market size and projections, 2013 – 2025, 6.5.1. However, in the long run, this segment is expected to display slower growth owing to the numerous regulations against synthetic fertilizers along with the rising product usage in industrial and other niche application sectors. 14.3.10 SABIC 9.5 Middle East and Africa Figure 27: Global: Urea (Chemical) Market Forecast: Sales Value (in Million US$), 2020-2025 9.3.3.2 Market Forecast In comparison to traditionally used ammonium nitrate, urea is more cost-effective and offers higher crop yield in lesser time. What is the structure of the global urea market and who are the key players? In mid-2014, SABIC announced the expansion of technical grade urea production. 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. 9.2.7 Others ... 35 tables and 55 figures, this 187-page research report on â Urea Market â is based on a comprehensive research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. 14.3 Profiles of Key Players ET 14.3.6 Koch Fertilizer LLC 14.1 Market Structure 14.3.8.1 Company Overview 11.1 Overview 14.3.11.2 Product Portfolio 8 Market Breakup by End-Use Industry 7.1 Nitrogenous Fertilizer 7.3 Keratolyte 2.4 Market Estimation 11.4 Outbound Logistics 4 Introduction 14.3.2 BASF SE Figure 48: South Korea: Urea Market: Sales Value (in Million US$), 2014 & 2019 However, these conventional urea manufacturing technologies are now being replaced by Stamicarbon and SnamProgetti technologies, hence leading to a decrease in the share of the conventional method. Urea (âCH 4 N 2 O), or carbamide, refers to a highly soluble nitrogenous compound that is naturally found in the human liver. Market share, by region, 2017 & 2025 (%), 6.2.1. Figure 68: Russia: Urea Market: Sales Value (in Million US$), 2014 & 2019 9.3.7.2 Market Forecast This not only implies for urea but also for its upstream and downstream markets across the value chain. Figure 35: North America: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 Figure 76: Mexico: Urea Market: Sales Value (in Million US$), 2014 & 2019 This price fall has been a consequence of the overall urea production growth superseding the demand growth. Figure 47: India: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 Figure 78: Others: Urea Market: Sales Value (in Million US$), 2014 & 2019 8.4 Medical The global urea formaldehyde market is treading along a seamless trajectory, and is expected to reap in fresh revenues in the months to follow. Figure 13: Global: Urea (Technical Grade) Market Forecast: Sales Value (in Million US$), 2020-2025 Market size and projections, 2013 – 2025, 5.4.1. Figure 19: Global: Urea (Keratolyte) Market Forecast: Sales Value (in Million US$), 2020-2025 This has resulted in the widespread adoption of urea as a fertilizer and animal feed additive. Urea (CH4N2O), or carbamide, refers to a highly soluble nitrogenous compound that is naturally found in the human liver. Figure 53: Indonesia: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 2.4.1 Bottom-Up Approach Traditional or conventional technologies segment is expected to account for a decreased market share of 42% by the end of the forecast period. The total capital investment for the plant was USD 600 million. Figure 77: Mexico: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 7.4.2 Market Forecast 12.2 Bargaining Power of Buyers The global urea market size was estimated at nearly USD 38 billion in 2017. Such positive attributes across the region are expected to uplift the European urea industry across the globe. Urea Cycle Disorders Market. Figure 29: Global: Urea (Automotive) Market Forecast: Sales Value (in Million US$), 2020-2025 6.1 Fertilizers Grade Market size and projections, by technology, 2013 – 2025, 6.5.3. 9.3.6 Russia Research Corridor new comprehensive study on urea market offers in-depth analysis on industry trends, market size, competitive analysis and market forecast - 2020 to 2027. 9 Market Breakup by Region 14.3.10.2 Product Portfolio Urea is primarily used in the production of urethane, which is further polymerized to form polyurethane foams. Market size and projections, 2013 – 2025, 6.1. Figure 10: Global: Urea (Feed Grade) Market: Sales Value (in Million US$), 2014 & 2019 Sinopec Hubei Chemical Fertilizer Company. These facts have a significant impact on the chosen process parameters in the urea synthesis reactor. Furthermore, this adversely influenced the bargaining power of nitrogen fertilizer producers to a certain extent. 14.3.7 OCI Nitrogen 9.2.6 Indonesia Privacy policy, Asia Pacific Cellulose Acetate Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026, Asia Pacific Acetic Acid Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026, Bio-lubricants Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026, Tire Reinforcement Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026, Styrenic Block Copolymer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026, ( US: +1-631-791-1145 ) 9.3.3.1 Market Trends The global urea market to registering a CAGR of around 3% during 2020-2025. Market size and projections, 2013 – 2025, 6.4.2. 13 Price Indicators Figure 55: Others: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 These insights will help the leaders to formulate strategies resulting for increased profitability. Figure 84: Global: Urea Industry: Porter’s Five Forces Analysis, Table 1: Global: Urea Market: Key Industry Highlights, 2019 and 2025 Market segmentation by technology and application for each of the regions. 10.4 Opportunities In terms of manufacturing capacity expansion, the regional and local players in China, India, and Russia are expected to strengthen their presence over the forecast period. 14.2 Key Players Figure 62: United Kingdom: Urea Market: Sales Value (in Million US$), 2014 & 2019 Global Urea Formaldehyde Market by Applications (Particle Boards, Plywood, Adhesives and Coatings, Decorative Laminates, and Molding Compounds) and Regions (Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America)-Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020â2026. 9.2.5.2 Market Forecast 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. Furthermore, the increasing utilization of urea in the automotive industry is also contributing to the market growth. Figure 14: Global: Urea (Nitrogenous Fertilizer) Market: Sales Value (in Million US$), 2014 & 2019 1 Preface 5.2 Market Performance 9.3.3 United Kingdom Figure 60: France: Urea Market: Sales Value (in Million US$), 2014 & 2019 The global urea market price witnessed a downturn beyond 2013 falling at a low price level in 2016, nearly approaching the price levels of the 2008 – 09 global economic crisis. 8.3.1 Market Trends According to FMI, the growth of the market is expected to be driven by demand recorded locally as it is principally consumed in the countries where it is produced. 14.3.1 Acron Urea market is forecast to reach USD 49.54 Billion by 2027, according to a new report by Reports and Data. Shanxi Lanhua Sci-Tech Venture Co., Ltd. Trade patterns, production and consumption trends witnessed in the global fertilizer sector, Demand scenario and utilization patterns of nitrogen fertilizers including urea across each geography, Significant utilization of urea in non-agricultural applications, Technological developments in urea production, capacity expansion activities, and mergers & acquisitions mainly in Asia Pacific, Regulatory scenario regarding fertilizer consumption in North America and Europe, The global urea market is segmented on the basis of technology and application, Market evaluation through analytical models such as Porter’s Five Forces, PESTEL, and value chain. 9.3.2.2 Market Forecast 9.3.2 France The urea price recovery in 2017 and 2018, was supported by a steadily increasing grain consumption and production, thus boosting the fertilizer usage. 9.2.2.2 Market Forecast 9.2.2 Japan 9.2.3.1 Market Trends 10.5 Threats By 2026, the global demand is projected to attain 211.5 million metric tons. 9.3.4 Italy Figure 80: Middle East and Africa: Urea Market: Sales Value (in Million US$), 2014 & 2019 The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions. Automotive urea, or diesel exhaust fluid (DEF), is injected into the exhaust systems and tanks of trucks, buses, cars and sports utility vehicles (SUVs) to remove nitrogen oxide from the diesel exhaust. 12.1 Overview 12.5 Threat of New Entrants enhance our services. Figure 71: Others: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 Based on the product end-use, the market is categorized as agriculture, industrial and others. Raw material analysis and production overview of the urea sector, Company profiles of global and regional urea manufacturers and their market positioning, Executives and managers of fertilizer companies engaged in manufacturing and distribution, Financial managers and stakeholders interested in trade statistics pertaining to the urea market and other fertilizer sectors, Government organizations, regulatory bodies, policymakers, and other financial organizations analyzing and monitoring product usage, product quality, and performance of the fertilizer sectors and other related parameters, Analysts, researchers, strategy planners, and educational institutions interested in gaining market insights and its future trends. Figure 58: Germany: Urea Market: Sales Value (in Million US$), 2014 & 2019 5 Global Urea Market Table 6: Global: Urea Market: Competitive Structure Figure 42: China: Urea Market: Sales Value (in Million US$), 2014 & 2019 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. Technology Overview, 2013-2025 (Kilo Tons) (USD Million), Application Overview, 2013-2025 (Kilo Tons) (USD Million), Regional Overview, 2013-2025 (Kilo Tons) (USD Million). /PRNewswire/ -- The global urea market is currently estimated to be worth $64.1 billion and is estimated to be growing at a CAGR of approximately 2 percent... Resources Blog IMARC Group provides an analysis of the key trends in each sub-segment of the global urea market report, along with forecasts for growth at the global, regional and country-level from 2020-2025. Figure 44: Japan: Urea Market: Sales Value (in Million US$), 2014 & 2019 9.2.5 Australia 14.3.8.3 Financials This capacity expansion is likely to benefit SABIC in meeting the demand of the Middle East & Africa automotive lubricants and fuel sectors. Table 4: Global: Urea Market Forecast: Breakup by End-Use Industry (in Million US$), 2020-2025 7.4 Resin For further information review our Privacy Policy. What was the global capacity of the urea market in 2016? IMARC offers market research reports and consulting services to clients consisting of, but not limited to, SMEs and Fortune 500 companies. carbamate recycle process (SnamProgetti and Stamicarbon), and traditional process technologies are the major technologies that have been dominating the global urea market. Figure 17: Global: Urea (Stabilizing Agent) Market Forecast: Sales Value (in Million US$), 2020-2025 Figure 75: Brazil: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 QAFCO, Yara International, and SABIC are a few of the leading players that are engaged in the production of urea via SnamProgetti and Stamicarbon technologies. Furthermore, an optimistic outlook towards the plastic industry is aiding application of urea in adhesives, resins, plastics. 14.3.6.2 Product Portfolio 2.3 Data Sources Market size and projections, 2013 – 2025, 6.3.2. 9.2.2.1 Market Trends 14.3.3.2 Product Portfolio 5.1 Market Overview 9.4 Latin America It finds extensive applications across various industries, including agriculture, chemical, automotive and medical. Market size and projections, by application, 2013 – 2025, 6.5.4.1. Market size and projections, 2013 – 2025, 6.6.1. 9.1.2.2 Market Forecast Figure 33: Global: Urea (Others Industries) Market Forecast: Sales Value (in Million US$), 2020-2025 This report studies the global Urea Phosphate market status and forecast, categorizes the global Urea Phosphate market size (value & volume) by manufacturers, type, application, and region. 14.3.4.2 Product Portfolio 9.1.2.1 Market Trends 9.4.2 Mexico 9.2.1 China The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Figure 39: Canada: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 14.3.2.4 SWOT Analysis 9.4.3.1 Market Trends 8.2.1 Market Trends 11 Value Chain Analysis SnamProgetti technology has been one of the world renowned process technologies to be incorporated in the production of urea. 10 SWOT Analysis Figure 81: Middle East and Africa: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 For instance, in February 2018, Yara International ASA (Norway), Qatar Fertiliser Company (QAFCO), and Hassad Food signed a Memorandum of Understanding (MoU) to support efforts to increase food production from the Qatari agricultural sector. Market size and projections, 2013 – 2025, 6.6.5.1. 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 49: South Korea: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 Rise in the non-fertilizer application segment is also considered as a supporting factor for the stable price trends in the urea market. 14.3.2.2 Product Portfolio 9.2.4.2 Market Forecast Market size and projections, 2013 – 2025, 4.5.1. Market size and projections, 2013 – 2025, 6.5.5.1. 14.3.8.2 Product Portfolio 11.2 Inbound Logistics 9.4.3.2 Market Forecast 12.6 Threat of Substitutes 14.3.3.1 Company Overview 9.3.1.1 Market Trends Urea Market Size Estimation, Demand, Growth Trend, Chain Structure, Supply and Demand Forecast to 2027 by Reports and Data. Figure 12: Global: Urea (Technical Grade) Market: Sales Value (in Million US$), 2014 & 2019 Urea Formaldehyde Market Global Size, Demand-sales, Suppliers ⦠Figure 65: Italy: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 Market sizing and forecast for key countries in each region. The production operations of this new grade are based at the Al-Jubail Fertilizer Company (Al-Bayroni) site, the company’s manufacturing affiliate, and has an annual production capacity of 80 kilo tons. At present, some technologies to manufacture urea are well-established, some are matured, and some are ready for a license. Figure 4: Global: Urea Market: Breakup by Application (in %), 2019 2 Scope and Methodology To analyze Global Solid Urea Market concerning growth trends, prospects, and also their participation in the entire sector. Market size and projections, 2013 – 2025, 6.4.7.1. The Middle East & Africa is projected to show an optimistic growth rate over the forecast period followed by North America and Europe. Figure 59: Germany: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 Global Urea Market to Grow at 3% During 2020-2025, Facilitated by Significant Growth in Agricultural Sector. Based on the process of technology, the key segments include ⦠Market size and projections, 2013 – 2025, 6.3.1. The global urea market is currently witnessing a stable growth. ( UK: +44-702-409-7331 ) 8.1.1 Market Trends Figure 52: Indonesia: Urea Market: Sales Value (in Million US$), 2014 & 2019 9.3.5.1 Market Trends The global demand for Urea Market is presumed to reach the valuation of nearly USD XXX MN by 2026 from USD XXX MN in 2019 with a CAGR of X.XX% under the study period of 2020 - 2026. This technical grade urea product line has been introduced to target non-fertilizer applications mainly on diesel engines. Market size and projections, by technology, 2013 – 2025, 6.2.3. 9.5.2 Market Breakup by Country The Stamicarbon company technology consists of a high-pressure CO2 stripper that separates ammonium carbamate from urea and water at synthesis pressure. Figure 56: Europe: Urea Market: Sales Value (in Million US$), 2014 & 2019 9.4.2.2 Market Forecast 14.3.9.2 Product Portfolio Market size and projections, 2013 – 2025, 4.3.1. 14.3.10.3 Financials Figure 61: France: Urea Market Forecast: Sales Value (in Million US$), 2020-2025 14.3.2.3 Financials Growing application from other end-user industry such as cattle feed, plywood production, cosmetics, and paints is also expected to drive the global urea market growth over the forecast period. / QAFCO, 7.12. 9.3.5 Spain Additionally, the company announced its future plans of introducing SUPERU Fertilizer product line under its Koch Agronomic Services division for nitrogen fertilizer applications. 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. ( India: +91-120-433-0800 ). 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