Home Bulk Chemicals CIS Urea Market Share & Growth Report By [2028]

CIS Urea Market Size & Outlook, 2025-2028

CIS Urea Market Size

According to Straits Research analysis, the CIS Urea Market was valued at USD 4440.17 Million in 2024 and is projected to reach USD 5700.86 Million by 2024, expanding at a CAGR of 6.4% during the forecast period. Dominant applications in agriculture and high-demand industries drive this market's growth due to urea's use in fertilizers and industrial chemicals. Additionally, increasing adoption in the energy sector as a NOx-reducing agent for power plants and motor vehicles is boosting demand. There is an observable trend towards green production methods responding to sustainable development goals, while technological advancements in production techniques enhance efficiency. High domestic production in the CIS region creates tremendous export potential. Looking ahead, the CIS region is transforming its urea market dynamics through industrial expansion, sustainable practices, and export strategies.

CIS Urea Market Highlights

  • Solid represented the largest share of the Type market in terms of size in 2024.
  • Among the Type segments, Liquid is forecasted to achieve the highest growth and remain the most lucrative through the forecast period.
  • The global urea market size saw CIS holding a share of 4.49% in 2024.
  • China is forecasted to account for the leading share of the global market by 2028.
  • In CIS, Russia is forecasted to be the fastest-expanding market, projected to reach USD 2625.81 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 4440.17 Million
Market Size In 2028 USD 5700.86 Million
Largest segment Solid
Fastest segment Liquid
Units Revenue in USD Million
CAGR 6.4% (2025-2028)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

CIS Urea Market Share By Type

Segmentation Covered

Segments Sub Segments
Country
  1. Russia
  2. Ukraine
  3. Rest of CIS
Type
  1. Liquid
  2. Solid
End-use
  1. Agriculture
  2. Chemical
  3. Automotive
  4. Medical
  5. Others
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