Ukraine Urea Market Size & Outlook, 2025-2028
Ukraine Urea Market Size
According to Straits Research analysis The Ukraine Urea Market was valued at USD 406.72 Million in 2024 and is projected to reach USD 472.03 Million by 2028, expanding at a CAGR of 3.8% during the forecast period. The key drivers propelling this growth are its widespread usage in sectors like agriculture, energy, and the chemical industry. In agriculture, urea serves as a rich source of nitrogen vital for crop growth; while in energy and chemical sectors, it finds application in denox treatments and melamine production respectively. Emerging trends such as low-carbon production and sustainability are also opening up new growth avenues. Technological advancements are pushing the boundaries of urea utilization further, whereas its export potential remains robust. Ukraine, with its strategic efforts, is aiming to establish itself as a significant urea market player in the region.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Ukraine Urea Market Highlights
- In 2024, Solid accounted for the highest share of the Type market size.
- During the forecast period, Liquid is set to register the highest growth, making it the most lucrative Type segment.
- Ukraine contributed 0.41% to the global urea market size in 2024.
- By 2028, China is forecasted to remain the largest global market for urea market.
- In CIS, Russia is projected to capture the leading share of market by 2028.
- Among CIS markets, Russia is expected to post the fastest growth, reaching 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 406.72 Million |
| Market Size In 2028 | USD 472.03 Million |
| Largest segment | Solid |
| Fastest segment | Liquid |
| Units | Revenue in USD Million |
| CAGR | 3.8% (2025-2028) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Ukraine Urea Market Share By Type
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Type |
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| End-use |
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Ukraine Urea Market By Type 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Ukraine Urea Market By End-use 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
