North America Urea Market Size & Outlook, 2025-2028
North America Urea Market Size
According to Straits Research analysis, the North America Urea Market was valued at USD 8818.66 Million in 2024 and is projected to reach USD 12569.59 Million by 2028, expanding at a CAGR of 9.3% during the forecast period. The growth can be attributed primarily to its high demand in agricultural and chemical industries where urea is extensively used as a fertilizer and raw material, respectively. Urea holds a significant role in the energy sector as well, being integral to the production of urea-formaldehyde resins. Emerging trends suggest a growing interest in low-carbon, green production processes, and technological advancements propelling demand. With growing export potential, North America is strategically positioning itself to be a dominant player in the global urea market in the foreseeable future.
Source: Straits Research Analysis Company Publications, Primary Interviews.
North America Urea Market Highlights
- By market size, Solid led the Type category in 2024.
- The Type segment led by Liquid is estimated to post the fastest growth, sustaining its position as the most lucrative during the forecast timeframe.
- The global urea market size saw North America holding a share of 8.92% in 2024.
- China is forecasted to account for the leading share of the global market by 2028.
- In North America, Canada is forecasted to be the fastest-expanding market, projected to reach USD 24106 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 8818.66 Million |
| Market Size In 2028 | USD 12569.59 Million |
| Largest segment | Solid |
| Fastest segment | Liquid |
| Units | Revenue in USD Million |
| CAGR | 9.3% (2025-2028) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
North America Urea Market Share By Type
Segmentation Covered
| Segments | Sub Segments |
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| End-use |
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North America Urea Market By Country 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
North America Urea Market By Type 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
North America Urea Market By End-use 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
