Global Urea Market Outlook to 2026 - Featuring Acron, BASF and EuroChem Among Others - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Urea Market Outlook to 2026" report has been added to ResearchAndMarkets.com's offering.

This report provides deep insight into the current and future state of Global Urea Market across various regions. The study comprehensively analyzes the Global Urea Market by segmenting based on geography, by Grade (Fertilizer, Feed, and Technical), and by End-user Industry (Agriculture, Chemical, Automotive, Medical, and Other End-user Industries). The report examines the market drivers and restraints that are influencing the growth in detail. The study covers & include emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape section with profiles of major companies including their market shares and projects.

Companies Mentioned

• Acron
• BASF SE
• BIP (Oldbury) Limited
• CF Industries Holdings Inc.
• China National Petroleum Corporation
• EuroChem
• Jiangsu sanmu group Co,Ltd.
• Koch Fertilizer LLC
• Nutrien Ltd
• OCI Nitrogen
• Petrobras
• Qatar Fertiliser Company
• SABIC
• Yara
• Notore Chemical Industries Plc

Urea is also known as carbamide and is the final breakdown product of the amino acids found in proteins. Synthetic nitrogen fertilizers like urea are necessary for food production, they are added as feed additives. According to the publisher, the global urea market is expected to witness a significant growth rate during the forecast period. The major factors driving the urea market is the growing demand for fertilizers in the agriculture sector. Moreover, the emerging trend for bio-bricks as an application of urea is likely to create opportunities for the global urea market during the forecast period.

Asia-pacific continues to hold dominance during the forecast period due to the continuously growing population leading to the high demand for nitrogen fertilizer from agriculture industries for high crop yield. Further, China is one of the largest producers of urea-formaldehyde resin in the world which will further drive the urea demand in the region. Moreover, the increase in consumption of urea from the end-user industries like chemical, automobile, etc. will further drive the studied market.

The technical grade segment is likely to drive the market due to its various applications like medical drugs, glue, dyes, cosmetics, disinfectants, etc. Further, the emerging technological advancements in the automotive industry to meet the emission regulations will provide greater opportunity for the global urea market.

The global urea market is partially consolidated. Some of the key players in the market are SABIC, BASF SE, Nutrien Ltd., EuroChem Group, and KBR Inc., among others.

In September 2020, Abu Qir Fertilizers (ABUK) announced to start implementing the expansion of its ABUK-3 urea production line, to increase its daily production capacity by 6-8%. The project is expected to receive investments of USD 80 million-USD 90 million and the timeline is estimated to be 24 months, starting from the end of the current year.

Key Topics Covered:

1. Executive Summary

2. Research Scope and Methodology

2.1 Aim & Objective of the study

2.2 Market Definition

2.3 Study Information

2.4 General Study Assumptions

2.5 Research Phases

3. Market Analysis

3.1 Introduction

3.2 Market Dynamics

3.2.1 Drivers

3.2.2 Restraints

3.3 Market Trends & Developments

3.4 Market Opportunities

3.5 Feedstock Analysis

3.6 Regulatory Policies

3.7 Analysis of Covid-19 Impact

4. Industry Analysis

4.1 Supply Chain Analysis

4.2 Porter's Five Forces Analysis

4.2.1 Competition in the Industry

4.2.2 Potential of New Entrants into the Industry

4.2.3 Bargaining Power of Suppliers

4.2.4 Bargaining Power of Consumers

4.2.5 Threat of substitute products

5. Market Segmentation & Forecast

5.1 By Grade

5.1.1 Fertilizer

5.1.2 Feed

5.1.3 Technical

5.2 By End-user Industry

5.2.1 Agriculture

5.2.2 Automotive

5.2.3 Chemical

5.2.4 Medical

5.2.5 Others

6. Regional Market Analysis

7. Key Company Profiles

8. Competitive Landscape

8.1 List of Notable Players in the Market

8.2 M&A, JV, and Agreements

8.3 Market Share Analysis

8.4 Strategies of Key Players

9. Conclusions and Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/xtjvx2