MRO Magazine

Research and Markets: Global Urea Market 2015 Report with Agrium, China National Petroleum Corp., Qatar Fertilizer and Yara International Dominating

August 21, 2015
By Business Wire News


Research and Markets ( has announced the addition of the “Global Urea Market 2015-2019” report to their offering.

The global urea market is witnessing an increase in consumption from emerging markets such as Latin America, Europe, and North America as these are agriculture-intensive regions supported by suitable climatic conditions. Countries that have access to relatively more economically priced natural gas, such as the Middle East and African, continue to produce more urea and export it to the countries where it is more costly to buy for production. There will be a reduction in the exports from the US. The Asian markets are dependent upon Gulf exports and this trend is expected to continue throughout the forecast period. India’s domestic urea production is expected to fall further behind its consumption and the country will surpass the US in terms of importing urea.

According to the report, the global urea market is forecast to grow at a CAGR of 2.84%, in terms of demand, over the period 2015-2019. Rising concerns over environmental safety are expected to accelerate over the coming years. The notion behind is this is to become less dependent on petrochemical products, which sooner or later will have a negative impact on human health and on biodiversity. Biofuels are produced from crops, and crops need fertilizers. Thus, the production of fertilizers is directly linked to biofuels. Increased use of fertilizers for crops will drive the global urea market.

Key Topics Covered

  1. Executive Summary
  2. Introduction
  3. Market Landscape
  4. Market Segmentation by End-Use
  5. Market Segmentation by Application
  6. Geographical Segmentation
  7. Market Growth Drivers
  8. Drivers and their Impact
  9. Market Challenges
  10. Impact of Drivers and Challenges
  11. Market Trends
  12. Trends and their Impact
  13. Vendor Landscape
  14. Key Vendor Analysis

Companies Mentioned

  • Agrium
  • China National Petroleum Corp.
  • Qatar Fertilizer
  • Yara International
  • Acron
  • Eurochem
  • OCI Nitrogen
  • Petroleo Brasileiro
  • PotashCorp

For more information visit

Research and Markets
Laura Wood, Senior Manager
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Sector: Chemicals