China Urea Market Size
According to Straits Research analysis, the China Urea Market was valued at USD 29166.04 Million in 2024 and is projected to reach USD 32720.76 Million by 2028, expanding at a CAGR of 2.9% during the forecast period. The major factors driving the market growth include increasing use in the agriculture sector, particularly as a key nitrogen source in fertilizers, and by chemical industries for the production of plastics and resins. Furthermore, the market is propelled by its application in the energy sector, notably as a denox agent in diesel engines and in coal-fired power plants. Noteworthy trends in the market include a growing focus on green and low-carbon production, technological advancements, and sustainability. With a robust export potential, China continues to strengthen its position in the urea market globally.
Source: Straits Research Analysis Company Publications, Primary Interviews.
China Urea Market Highlights
- Within the Type category, Solid dominated in 2024 in terms of market size contribution.
- Over the forecast period, Liquid is forecasted to deliver the fastest growth, positioning it as the most lucrative Type segment.
- As of 2024, China held 29.5% of the global urea market size.
- By 2028, China is anticipated to capture the largest share of the global urea market.
- In Asia Pacific, China is expected to lead the regional urea market size by 2028.
- India will remain the fastest-growing market in Asia Pacific, reaching USD 58503 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 29166.04 Million |
| Market Size In 2028 |
USD 32720.76 Million |
| Largest segment |
Solid |
| Fastest segment |
Liquid |
| Units |
Revenue in USD Million |
| CAGR |
2.9% (2025-2028) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
China Urea Market Share By Type
Segmentation Covered
| Segments |
Sub Segments |
| Type |
- Liquid
- Solid
|
| End-use |
- Agriculture
- Chemical
- Automotive
- Medical
- Others
|
China Urea Market By Type 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
China Urea Market By End-use 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.