Argentina Urea Market Size & Outlook, 2025-2028
Argentina Urea Market Size
According to Straits Research analysis, the Argentina Urea Market was valued at USD 1497.78 Million in 2024 and is projected to reach USD 1814.32 Million by 2028, with an annual growth rate of 4.9% during the forecast period. The primary industries driving this demand are agriculture, chemicals, and energy. In agriculture, urea is extensively used as a nitrogen-release fertilizer. The chemicals industry utilizes urea in the production of resins and plastics. Also, urea plays a crucial role in the energy sector as a component of diesel exhaust fluid. Emerging trends in this market include a rising focus on green and low-carbon urea production and adoption of technological advancements. Argentina's export potential is another key market opportunity, given its considerable production capacity. With its strategic focus on sustainable practices and innovative production methods, Argentina is well positioned to become a key player in the global urea market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Argentina Urea Market Highlights
- Solid held the leading position among Type segments in 2024, based on market size.
- Liquid is projected to post the fastest growth rate, sustaining its position as the most attractive Type segment during the forecast horizon.
- Argentina contributed 1.52% to the global urea market size in 2024.
- By 2028, China is forecasted to remain the largest global market for urea market.
- In Latin America, Rest of Latin America is projected to capture the leading share of market by 2028.
- Among Latin America markets, Mexico is expected to post the fastest growth, reaching USD 4707 Million by 2028.
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Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2028 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2028 |
| Market Size In 2024 | USD 1497.78 Million |
| Market Size In 2028 | USD 1814.32 Million |
| Largest segment | Solid |
| Fastest segment | Liquid |
| Units | Revenue in USD Million |
| CAGR | 4.9% (2025-2028) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Argentina Urea Market Share By Type
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Type |
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| End-use |
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Argentina Urea Market By Type 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Argentina Urea Market By End-use 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
