Urea Market 2022- Scope of Report
The global urea market is currently valued at over US$ 31 Bn. Sales of urea are projected to increase at 2.3% CAGR and be valued at over US$ 40 Bn by 2031. Growing demand for urea from the agriculture industry and government subsidies on certain fertilizers are driving market expansion.
Persistence Market Research recently published a report on the global urea market. The report provides detailed valuation on key market dynamics, such as the drivers, trends, opportunities, and restraints, along with detailed information about the market structure. This market research report presents exclusive facts and figures about how the market will grow over the forecast period of 2021 to 2031.
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Key indicators of market background, such as value chain analysis and supply chain, compounded annual growth rate (CAGR), and year-on-year (Y-o-Y) growth of the market are explained in Persistence Market Research’s study in a comprehensive manner. This information can help readers to understand the quantitative development projections of the global urea market over the forecast period.
The study is relevant for stakeholders in the market, as well as manufacturers, distributors, suppliers, and investors, as it can help them understand the applicable strategies to grow in the market. Stakeholders, investors, industry experts, researchers, and journalists, as well as business researchers in the market can leverage the information and statistics presented in Persistence Market Research’s report.
The report includes facts and figures related to the macro- as well as microeconomic factors that are impacting the growth of the market. The study also offers actionable insights based on the future trends in the market. Furthermore, regional players and new entrants in the market can also use the information presented in this report to make business decisions and gain momentum in the market.
Key Companies-
- PT PupukSriwidjaja Palembang (PUSRI)
- PT PupukKujang
- PT Pupuk Kalimantan Timur
- Yara International ASA
- Industries Qatar Q.P.S.C
- SABIC
- EuroChem Group
- Nutrien Ltd
- BASF SE
- CF Industries Holdings, Inc.
- OSTChem
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Key Segments of Market
Persistence Market Research’s study on the global urea market is divided into two significant segments – end use and region. This report offers comprehensive data and information about the important market dynamics and growth parameters related to these categories.
By End Use
- Fertilizers
- Industrial
By Region
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East and Africa
Research Methodology
In this research report, exclusive research methodology is utilized to conduct comprehensive research on the development of the global urea market, and reach conclusions on the future growth factors of the market. In this research methodology, secondary and primary research is utilized by analysts to ensure the precision and reliability of the conclusions.
Secondary resources are referred to by analysts during the evaluation of the market, which comprise facts and figures from white papers, trade journals, and external and internal databases. Analysts have thoroughly interviewed several industry experts, such as sales supervisors, sales operation managers, product portfolio managers, senior managers, market intelligence managers, marketing/product managers, engineering managers, and production managers to provide insightful information.
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Comprehensive information acquired from primary and secondary resources is validated from companies operating in the global urea market, to make Persistence Market Research’s projections on the growth prospects of the market more accurate and reliable.
Key Questions Answered in Market Report
- Which country is anticipated to hold a prominent market share over the forecast period?
- What will be the key driving factors propelling the demand urea during the forecast period?
- How current trends will impact the market?
- Who are significant urea manufacturers?
- What are the crucial strategies of prominent players in the market to upscale their positions in this landscape?
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