Japan Urea Market Size & Outlook, 2025-2028
Japan Urea Market Size
According to Straits Research analysis, the Japan Urea Market was valued at USD 3132.85 Million in 2024 and is projected to reach USD 3600.55 Million by 2028, expanding at a CAGR of 3.5% during the forecast period. The surge in demand is principally driven by its applications in agriculture, as a fertilizer, and industries using urea in the production of resins and plastics. Efficiency enhancement in energy sectors and emission reduction in diesel vehicles presents further market traction. New trends shaping the market include strides towards sustainable, low-carbon urea production, and technological advancements for optimized use. Additionally, Japan's strategic geographic location provides high export potential. As the country continues to balance urea demand and environmental implications, Japan strives to redefine its standing in the global urea market landscape.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Japan 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.
- Japan contributed 3.17% to the global urea market size in 2024.
- By 2028, China is forecasted to remain the largest global market for urea market.
- In Asia Pacific, China is projected to capture the leading share of market by 2028.
- Among Asia Pacific markets, India is expected to post the fastest growth, 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 3132.85 Million |
| Market Size In 2028 | USD 3600.55 Million |
| Largest segment | Solid |
| Fastest segment | Liquid |
| Units | Revenue in USD Million |
| CAGR | 3.5% (2025-2028) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Japan Urea Market Share By Type
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Type |
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| End-use |
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Japan Urea Market By Type 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Japan Urea Market By End-use 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
