Europe Urea Market Size & Outlook, 2025-2028
Europe Urea Market Size
According to Straits Research analysis, the Europe Urea Market was valued at USD 5870.53 Million in 2024 and is projected to reach USD 8045.34 Million by 2028, expanding at a CAGR of 8.2% during the forecast period. This growth is largely driven by urea's diverse applications, predominantly in the agriculture sector for fertilisers, and in various industries as a key raw material for resins and plastics production. Rising demand for urea in the energy sector for Selective Catalytic Reduction (SCR) technology also contributes significantly. There is an emerging trend towards green and sustainable production methods, coupled with technological advancements enhancing urea's export potential. With its robust urea production infrastructure, Europe is well-positioned to capitalize on these market trends, securing a competitive edge in the global urea market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Europe Urea Market Highlights
- By segment, Solid was the leading Type in terms of market size in 2024.
- Liquid is expected to be the most lucrative Type segment, exhibiting the fastest growth throughout the forecast period.
- Europe held 5.94% share of the global urea market size in 2024.
- China is expected to remain the largest contributor to the global market by 2028.
- By 2028, France is anticipated to record the highest growth in Europe, with the market size expected to reach USD 45534 Million.
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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 5870.53 Million |
| Market Size In 2028 | USD 8045.34 Million |
| Largest segment | Solid |
| Fastest segment | Liquid |
| Units | Revenue in USD Million |
| CAGR | 8.2% (2025-2028) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Europe Urea Market Share By Type
Segmentation Covered
| Segments | Sub Segments |
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| Type |
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| End-use |
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Europe Urea Market By Country 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Europe Urea Market By Type 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Europe Urea Market By End-use 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
