Granular Urea Market Poised for Growth: Projected to Hit USD 20.99 Billion by 2032 with a 3.2% CAGR

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Granular Urea Market Size was estimated at 15.33(USD Billion) in 2024. The Granular Urea Market Industry is expected to grow from 15.82(USD Billion) in 2025 to 20.99(USD Billion) by 2034. The Granular Urea Market CAGR (growth rate) is expected to be around 3.2% during the forecast period (2025 - 2034).

Granular urea market?plays a pivotal role in the global agricultural sector, primarily due to its significance as a nitrogen-based fertilizer. Urea, chemically known as carbamide, is synthesized from ammonia and carbon dioxide. The demand for urea continues to rise owing to the increasing global population, which drives food production. Among the types of urea available, granular urea stands out due to its superior handling characteristics, slower dissolution rate, and enhanced nitrogen delivery efficiency compared to other forms, such as prilled urea.

Granular urea is not only employed in agriculture but also finds applications in industries like construction, where it is used for concrete enhancement, and in the chemical industry for producing resins and adhesives. The versatility of this compound, combined with its high nitrogen content, makes it a valuable component in various sectors.

Market Drivers

Several factors are driving the growth of the granular urea market, including:

• Rising Demand for High-Yield Crops: As arable land decreases, there is a growing need for high-yield fertilizers to maximize productivity.
• Advancements in Agricultural Practices: The adoption of precision farming and integrated nutrient management systems boosts granular urea demand.
• Growth in End-Use Industries: Besides agriculture, rising applications in construction and chemical industries are fueling market expansion.

Key Players :

EuroChem Group AG., Indian Farmers Fertiliser Cooperative Limited (IFFCO)., Krishak Bharati Cooperative Limited (KRIBHCO). Nutrien Ltd., OCI N.V., Chambal Fertilizers and Chemicals Limited., Sinofert Holdings Limited., SABIC., Yara International ASA., CF Industries Holdings, Inc., Coromandel International Limited., The Mosaic Company.

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Market Segmentation

The granular urea market can be segmented based on?form,?grade,?application,?end-use industry, and?distribution channel.

1. By Form: Prilled Urea vs. Granular Urea

• Prilled Urea: Prilled urea consists of small spherical particles and dissolves quickly in water. It is widely used in areas requiring rapid nitrogen release.
• Granular Urea: Granular urea has larger, more uniform particles, offering better durability during storage and transport. It is ideal for broadcast applications in large fields due to its slower release and even spreading characteristics.

Granular urea?is preferred for large-scale farming and industrial use due to its superior performance under varying environmental conditions.

2. By Grade: Standard Grade vs. High Grade

• Standard Grade: Standard grade granular urea is primarily used in agricultural applications. It meets the basic nitrogen requirements for crops and is widely adopted in developing regions due to its cost-effectiveness.
• High Grade: High-grade granular urea is refined for industrial applications, including the production of resins, adhesives, and melamine. It is also used in high-tech agricultural processes where precision is critical.

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3. By Application

• Fertilizers: The primary application of granular urea is as a fertilizer. It provides essential nitrogen, a crucial nutrient for plant growth, enhancing crop yield and quality.
• Feed Additives: Urea is used in the livestock industry as a non-protein nitrogen source in animal feed, particularly for ruminants.
• Others: Granular urea also finds applications in resin production, explosives manufacturing, and air pollution control systems (urea-based selective catalytic reduction or SCR).

4. By End-Use Industry

• Agriculture: The agricultural sector accounts for the largest share of granular urea consumption, driven by the need to increase crop yields and maintain soil fertility.
• Construction: In the construction industry, urea is used to accelerate the setting time of concrete and improve its strength.
• Chemical: The chemical sector uses urea as a raw material for producing melamine, urea-formaldehyde resins, and pharmaceuticals.
• Others: Other industries using granular urea include pharmaceuticals and mining.

5. By Distribution Channel

• Direct Sales: Direct sales involve bulk purchases by large-scale farmers, cooperatives, and industrial buyers.
• Retail Sales: Retail sales are targeted toward small and medium-scale farmers who purchase granular urea in smaller quantities.
• Online Sales: With the digital transformation in the agriculture sector, online platforms are becoming a popular distribution channel. They offer convenience and competitive pricing, driving increased adoption.

Regional Analysis

The granular urea market is geographically segmented into?North America,?Europe,?Asia-Pacific,?Latin America, and the?Middle East & Africa. Each region exhibits unique demand trends influenced by agricultural practices, industrial growth, and regulatory frameworks.

1. Asia-Pacific

Asia-Pacific dominates the granular urea market, accounting for the largest market share due to the region’s extensive agricultural base. Key countries like?China,?India, and?Indonesia?are major consumers owing to the high demand for nitrogen-based fertilizers. Government initiatives promoting sustainable agriculture and high-yield crops further boost the market in this region.

• China?is the largest producer and consumer of urea globally. Its well-established chemical industry and export capabilities strengthen its position in the market.
• India?has a significant demand for granular urea due to its reliance on agriculture. Subsidies on fertilizers by the Indian government also support market growth.

2. North America

North America holds a substantial share of the granular urea market, driven by the region’s advanced agricultural practices and high demand for high-grade fertilizers. The United States is the major contributor, with increasing adoption of precision farming and integrated nutrient management systems.

The chemical industry’s demand for urea-based resins and adhesives is another key growth driver in North America.

3. Europe

In Europe, the granular urea market is growing steadily, driven by industrial applications and stringent environmental regulations encouraging efficient nitrogen utilization. Countries like?Germany,?France, and?Russia?are leading consumers, particularly in the industrial and agricultural sectors.

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