Urea Market Size, Share & Trends Analysis Report By Type (Liquid, Solid), By End Use (Agriculture, Chemical, Automotive, Medical, Others) and By Region (North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2026-2034

Last Updated: August 24, 2026 | Author: Ismail Sutaria | Format:

Urea Market Size

The global urea market size was valued at USD 104.54 billion in 2025 and is projected to grow from USD 110.50 billion in 2026 to USD 172.17 billion by 2034, registering a CAGR of 5.7% during the forecast period from 2026 to 2034. Asia Pacific dominated the urea market with a market share of 46.8% in 2025.

Carbamide, also known as urea, is a nitrogenous compound that plays a pivotal role in various industries, including agriculture, animal feed, and chemical synthesis. It is commercially produced by reacting ammonia with carbon dioxide to yield ammonium carbamate, which is then decomposed to form urea. With a global production exceeding 192 million tonnes in 2024, urea serves as the most widely used nitrogenous fertilizer, accounting for over 46% of nitrogen content in solid fertilizers.

The agricultural sector remains the primary driver of the global market. Urea fertilizers are essential for enhancing crop yields, particularly for corn, wheat, and rice, which are staple food sources for billions of people worldwide.

  • The Food and Agriculture Organization (FAO) estimates that nitrogen fertilizers like urea can increase crop yields by 50-100%.

The global market exhibits a mature landscape with regional variations. Major producers include China, India, Russia, and the U.S. While established markets like North America and Europe are expected to experience moderate growth, driven by agricultural needs and evolving farming practices, significant growth potential lies in developing regions like the Asia Pacific and Africa, where rising populations and increasing disposable incomes will necessitate higher food production.

Urea Market Size

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Emerging Market Trends

The Inclination of Government & Organizational Bodies towards Sustainable/green Urea

The Government of India in 2015 introduced 100% neem coating on all subsidized agricultural grade urea in the country. All the indigenous and imported urea were neem coated so as to make the urea slow release and difficult to use for non-agricultural purposes. In addition, demand and consumption of for green urea is expected to increase in India in upcoming years owing to the increasing government subsidies for the production of green ammonia.

Ø For instance, the Indian government is incentivizing green ammonia production through the National Green Hydrogen Mission, specifically the SIGHT (Strategic Interventions for Green Hydrogen Transition) Programme, with a focus on the fertilizer sector, offering subsidies and increasing annual allocations to stimulate demand.

  • As per the Ammonia Energy Association, in 2024, the Indian government has launched the next phase of its Strategic Interventions for Green Hydrogen Transition Programme (SIGHT), focused on an incentive scheme for renewable ammonia production. The Solar Energy Corporation of India will oversee a competitive bidding process, and award subsidies based on the lowest cost bids.

Application of Urea in Formaldehyde (uf) Resin and Thermosetting Plastic

Urea plays a crucial role in plastic production, primarily as a raw material for synthesizing urea-formaldehyde (UF) resin, a thermosetting plastic used in adhesives, molded objects, and polyurethane production. Plastic manufacturing plays a pivotal role in the U.S. economy, serving as a cornerstone of several key industries 

  • In 2023 North America produced 70.75 million tons of plastic which is an increase of 1.03% over the previous year as per data provided by Plastics Europe.
  • In 2023, North America (Canada, the U.S., and Mexico) accounted for 17 percent of global plastics production. This made North America the world's second-largest plastic-producing region that year, behind only China.

Urea Market Growth Factors

Rising Demand for Nitrogen Fertilizers Amid Global Food Security Concerns

According to the Food and Agriculture Organization (FAO) of the United Nations, global food production must rise by 70% by 2050 to feed an estimated 9.7 billion people. Urea, with its high nitrogen content of 46%, is a critical input for boosting crop yields, particularly in major economies like the U.S. and Canada.

  • For instance, the agriculture and agri-food sector are a major contributor to the Canadian economy. Crop production in Canada contributed USD 24.5 billion to its GDP in 2023 further driving the demand for urea in the country. In addition, in 2023, the whole agriculture and agri-food system generated USD 150.0 billion (around 7%) of Canada's gross domestic product (GDP).

Expansion of Industrial Applications, Particularly in Automotive Emission Control

Urea’s role in industrial applications, particularly in the automotive industry, has grown due to its use in diesel exhaust fluid (DEF) to reduce nitrogen oxide (NOx) emissions. Germany, a global leader in automotive manufacturing, has seen steady demand for technical-grade urea for DEF, driven by strict EU emissions standards (e.g., Euro 6 norms).

  • Companies like BASF SE, headquartered in Germany, produce urea for both agricultural and industrial purposes, including DEF for brands like Mercedes-Benz and Volkswagen. In 2023, Germany’s electric vehicle exports surged by 60%, but diesel vehicles still require DEF, sustaining urea demand.
  • The push for greener technologies has increased urea’s importance in emission control, though long-term trends may see a decline as electric vehicles gain dominance

Restraining Factors

Environmental Regulations and Shift toward Sustainable Alternatives

Stringent environmental regulations pose a significant restraint on the urea market. The European Union’s Green Deal, aiming to reduce chemical fertilizer use by 2030, promotes organic farming on 25% of agricultural land, as outlined by the European Commission. This shift undermines demand for conventional urea, which contributes to nitrogen-related pollution through leaching and volatilization.

  • Rising natural gas prices, a key input for urea production, have increased fertilizer costs, prompting some farmers to explore alternatives like organic farming. For example, global urea prices have risen by 13.48% since early 2025, reflecting broader energy cost pressures impacting German farmers.
  • In a few of the European under CBAM, urea importers need to pay the embedded carbon emission for their products that will affect the price of Urea in those countries. Under CBAM, which was passed by the EU in May 2023, urea importers will have to buy certificates to cover the carbon emitted during production wherever the plant is located. The exact increase in fertilizer prices, including urea, will depend on the cost of CBAM certificates, which in turn will be based on the weekly average price for EU ETS allowances.

Market Opportunity

Technological Advancements in Sustainable Urea Production

Innovations like blue urea and nano urea present significant growth opportunities by aligning with global sustainability goals. Moreover, urea production relies on ammonia, which is traditionally produced using the Haber-Bosch process, consuming significant amounts of natural gas and emitting COâ‚‚. The shift toward green ammonia produced using renewable energy sources (solar, wind, and hydropower) is a major technological advancement in sustainable urea production.

  • For instance, in August 2024, Casale contracted with Duro Felguera SA (a Mota-Engil subsidiary) to provide engineering services for a new fertilizer complex in Escolin, Veracruz, for PEMEX. This facility includes a 2,125 metric tons per day (MTD) granular urea plant, leveraging advanced technologies like Split Flow Loop and Green Granulation. With an investment of USD 1.2 billion, this project will enhance Mexico’s production capacity and reduce import dependency by 2025.

These advancements lower environmental impact, reduce transportation costs through decentralized production, and tap into the growing demand for eco-friendly fertilizers, positioning the global market for long-term expansion.

Urea Market Segmentation Analysis

By Type

Solid urea dominated the global urea market with a revenue share of 68.1% in 2024 owing to its cost-effectiveness, ease of handling, and suitability for agricultural applications. Solid urea is primarily available in granular and prilled forms, both widely used in fertilizers. Granular urea is preferred in mechanized farming due to its larger particle size, reduced dust formation, and better-spreading properties. Prilled urea is commonly used in regions where manual fertilizer application is prevalent due to its smaller particle size and quicker dissolution in water. For instance, over 80% of global urea consumption is in the agriculture sector, as per the Food and Agriculture Organization (FAO).

However, liquid urea is the second-largest segment with a market share of 31.9% in 2024, primarily driven by its growing application in industrial and environmental solutions. Liquid urea is widely used in diesel exhaust fluid (DEF), also known as AdBlue, which helps reduce nitrogen oxide (NOx) emissions from diesel engines, a critical application in the automotive and transportation sectors. Additionally, it is utilized in certain industrial chemical processes, such as urea-based adhesives and resin production.

Urea Market Size By Segments

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By End Use

Agriculture dominated the global urea market with a revenue share of 64.3% in 2024, as reported by the United States Geological Survey (USGS) and the Food and Agriculture Organization (FAO). Urea is essential in farming as it provides high nitrogen content (46%), making it one of the most efficient nitrogen fertilizers. According to the International Fertilizer Development Center (IFDC), urea is cheaper than alternative nitrogen fertilizers, making it the first choice for farmers globally. For instance, the United Nations (UN) projects that the global population will exceed 9 billion by 2050, increasing the demand for high agricultural productivity.

However, the chemical industry is the second-largest segment with a market share of 16.6% in 2024, driven by its role in producing resins, adhesives, and pharmaceuticals. Urea serves as a key feedstock in the manufacturing of urea-formaldehyde and melamine-formaldehyde resins, essential for the wood, construction, and automotive sectors. Despite its extensive industrial applications, the chemical sector ranks second because the demand for urea in fertilizers far surpasses its consumption in specialty chemicals and resins, which have relatively limited volumes and specialized end uses.

Urea Market Share By Segments

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Regional Insights

Asia Pacific: Dominant Region with 70.1% Market Share

The Asia Pacific market is shaped by agricultural demand, industrial usage, government policies, and raw material availability. The region accounts for a major portion of global urea consumption, primarily due to the presence of large agricultural economies such as China and India. Food security concerns drive the demand for fertilizers, making urea an essential input for crop production. For instance, the Chinese government continues to support the urea market through fertilizer subsidies under the National Rural Revitalization Strategy (2021-2035), ensuring affordable access for farmers.

In 2023, the Ministry of Agriculture and Rural Affairs (MARA) increased direct subsidies for nitrogen fertilizers by 7% year-on-year to stabilize food production costs amid rising global urea prices. In India, the Department of Fertilizers has promoted nano liquid urea as an alternative to conventional urea. Moreover, in January 2024, the Cabinet Committee on Economic Affairs approved “Urea Gold” (sulfur-coated urea) at subsidized rates, matching neem-coated urea prices.

Asia Pacific Urea Market Revenue Share 2025

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North America: Fastest Growing Region with the Highest Market Cagr

In North America, UAN (a liquid fertilizer that combines urea and ammonium nitrate) is commonly used, while nitrates are primarily utilized in Europe. In U.S., the urea market in the U.S. is primarily driven by its growing applications across various end-use industries, including fertilizers, automotive, chemicals, and pharmaceuticals. The agricultural, food, and related sectors in the U.S. contribute 5.5 percent to the country’s GDP in 2023, further fueling the urea consumption.

According to the Government of Canada, the country was the world's third-largest exporter of fertilizer in 2021, after Russia and China. Following Russia's invasion of Ukraine, Canada's fertilizer exports more than doubled compared to the previous year, making Canada the second-largest exporter in the world, behind Russia, in 2022. Further driving the demand for urea in Canada. For instance, in the first six months of 2023, sales of pesticides, fertilizers, and other agricultural chemicals reached USD 6.2 billion for the second consecutive year, with USD 2.8 billion allocated for export. Fertilizers represent the majority of sales in this broad industrial category.

List of Key and Emerging Players in Urea Market

  • OCI GLOBAL
  • Koch Fertilizer, LLC
  • The Chemical Company
  • PT Pupuk Kalimantan Timur
  • CNPC
  • Chambal Fertilisers and Chemicals Limited
  • Acron Group
  • CF Industries
  • EuroChem
  • Nutrien
  • QAFCO
  • SABIC
  • Yara International
  • Asahi Kasei Corporation
  • BASF SE
  • IFFCO
  • Togliattiazot (TOAZ)
  • IBI SCIENTIFIC

Key Industry Developments

  • May 2025: Yara International expanded its fertilizer portfolio by advancing urea production and sustainable nitrogen fertilizer solutions, supporting agricultural productivity and improved nutrient management practices.
  • June 2025: Nutrien expanded its nitrogen fertilizer operations by strengthening urea production capabilities and supply chain initiatives to support global agricultural demand.
  • July 2025: CF Industries expanded its nitrogen fertilizer portfolio by advancing urea manufacturing and low-carbon ammonia initiatives, supporting fertilizer supply and emissions reduction efforts.
  • September 2025: EuroChem expanded its fertilizer production capabilities by strengthening nitrogen fertilizer operations, including urea-related products, to support agricultural markets across global regions.

Report Scope

Market Metric Details & Data (2025-2034)
Market Size in 2025 USD 104.54 Billion
Market Size in 2026 USD 110.50 Billion
Market Size in 2034 USD 172.17 Billion
CAGR 5.7% (2026-2034)
Base Year for Estimation 2025
Historical Data2022-2024
Forecast Period2026-2034
Study Period 2022-2034
Dominant Region Asia Pacific
Fastest Growing Region North America
Key Market Players OCI GLOBAL, Koch Fertilizer, LLC, The Chemical Company, PT Pupuk Kalimantan Timur, CNPC
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered By Type, By End Use
Geographies Covered North America, Europe, APAC, Middle East and Africa, LATAM
Countries Covered US, Canada, UK, Germany, France, Spain, Italy, Russia, Nordic, Benelux, China, Korea, Japan, India, Australia, Taiwan, South East Asia, UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, Brazil, Mexico, Argentina, Chile, Colombia

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Frequently Asked Questions (FAQs)

How big is the urea market?
According to Straits Research, the global urea market is estimated at USD 110.5 billion in 2026 and is projected to reach USD 172.17 billion by 2034, growing at a CAGR of 5.7%.
The urea market is projected to grow at a CAGR of 5.7% during the forecast period 2026-2034.
Asia Pacific is the leading region in this market in 2026.
The leading companies operating in the urea market are OCI GLOBAL, Koch Fertilizer, LLC, The Chemical Company, PT Pupuk Kalimantan Timur, and others.

Author's Details


Ismail Sutaria

Research Head

Ismail Sutaria is a market intelligence and strategy professional with over 12 years of experience advising organizations across the chemicals, packaging, industrial machinery, and energy & power sectors. He specializes in delivering data-driven market assessments, commercial due diligence, industry benchmarking, demand forecasting, competitive strategy, and growth advisory that enable businesses to make confident investment and expansion decisions in complex industrial markets.

His expertise spans specialty and commodity chemicals, advanced and sustainable packaging solutions, industrial automation, manufacturing equipment, process engineering, renewable energy, conventional power generation, electrical infrastructure, and industrial technologies. Ismail has developed deep domain knowledge in evaluating market ecosystems, technology evolution, regulatory frameworks, supply-demand dynamics, pricing trends, value chain structures, and competitive landscapes across global and regional markets.

Report Details
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