Urea, also known as carbamide, is an organic compound with chemical formula CO(NH2)2. This amide has two –NH2 groups joined by a carbonyl (C=O) functional group.
Urea serves an important role in the metabolism of nitrogen-containing compounds by animals and is the main nitrogen-containing substance in the urine of mammals. It is a colorless, odorless solid, highly soluble in water, and practically non-toxic (LD50 is 15 g/kg for rats). Dissolved in water, it is neither acidic nor alkaline. The body uses it in many processes, most notably nitrogen excretion. The liver forms it by combining two ammonia molecules (NH3) with a carbon dioxide (CO2) molecule in the urea cycle. Urea is widely used in fertilizers as a source of nitrogen and is an important raw material for the chemical industry.
This report contains market size and forecasts of Urea in global, including the following market information:
Global Urea Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Urea Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Urea companies in 2021 (%)
The global Urea market was valued at 61620 million in 2021 and is projected to reach US$ 70370 million by 2028, at a CAGR of 1.9% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Large Granule Urea Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Urea include QAFCO, Yara, KOCH, SABIC, OCI, Nutrien, EuroChem, Group DF and Hubei Yihua Chemical Industry, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Urea manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Urea Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Urea Market Segment Percentages, by Type, 2021 (%)
Large Granule Urea
Small Granule Urea
Global Urea Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Urea Market Segment Percentages, by Application, 2021 (%)
Agriculture
Industry
Global Urea Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Urea Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Urea revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Urea revenues share in global market, 2021 (%)
Key companies Urea sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Urea sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
QAFCO
Yara
KOCH
SABIC
OCI
Nutrien
EuroChem
Group DF
Hubei Yihua Chemical Industry
Rui Xing Group
Huajin Chemical Industries
Hualu-hengsheng
Sichuan Lutianhua
Lanhua Sci-tech
Yangmei Chemical
CF Industries
Shanxi Tianze
Zhonghai
Henan Xinlianxin Chemicals Group Co., Ltd.
China Coal Energy Company Limited
CNPC
Yunnan Yuntianhua
Yuanxing