South Africa Urea Market Size & Outlook, 2025-2028
South Africa Urea Market Size
According to Straits Research analysis, The South Africa Urea Market was valued at USD 301.43 Million in 2024 and is projected to reach USD 400.24 Million by 2028, expanding at a CAGR of 7.3% during the forecast period. The primary factors contributing to this growth include the rising demand in key industries such as agriculture, for use as a fertilizer, and in chemical production. The manufacture of adhesives and plastics also contributes significantly to urea consumption in South Africa. Emerging trends in the market include green production processes and technological advancements promising lower energy consumption. Increased export potential due to improved quality is another opportunity that could propel market growth. South Africa, by leveraging on these trends and opportunities, is undoubtedly positioning itself as a substantial player in the global urea market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
South Africa Urea Market Highlights
- By segment, Solid emerged as the largest Type in terms of market size in 2024.
- Liquid is anticipated to remain the most attractive Type segment, recording the fastest growth during the forecast period.
- South Africa accounted for 0.3% of the global urea market size in 2024.
- By 2028, China is expected to remain the top global market in terms of size.
- Within Middle East And Africa, Rest of MEA is forecasted to dominate the regional urea market size by 2028.
- South Africa will be the fastest-growing market in Middle East And Africa, projected to achieve USD 5913 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 301.43 Million |
| Market Size In 2028 | USD 400.24 Million |
| Largest segment | Solid |
| Fastest segment | Liquid |
| Units | Revenue in USD Million |
| CAGR | 7.3% (2025-2028) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
South Africa Urea Market Share By Type
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Type |
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| End-use |
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South Africa Urea Market By Type 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
South Africa Urea Market By End-use 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
