Granular Urea Market Size & Share, by Product Type (Fertilizer, Feed, Technical Grade); Application (Agriculture, Chemical, Building & Construction) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4077
  • Published Date: Jul 27, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023 - 2035

Granular Urea Market size is expected to reach USD 55 Billion by the end of 2035, growing at a CAGR of 3% during the forecast period, i.e., 2023 – 2035. In the year 2022, the industry size of granular urea was USD 35 Billion. The reason behind the growth is impelled by the growing chemical industry. This, as a result, has increased the demand for granular urea since it is used as a raw material to generate a variety of chemicals, as well as feedstock, glue, fertilizer, commercial goods, and resin.According to estimates, over USD 4 trillion in sales were generated by the chemical industry worldwide in 2021

The spiking demand for diesel is believed to fuel the granular urea market growth. Diesel is considered fuel efficient, therefore it is widely used in commercial sectors such as buses, and heavy-duty trucks. This has led to an increased demand for granular urea since it is used in diesel engines in vehicles, buses, and trucks, and is employed in reactions known as Selective Non-Catalytic Reduction (SNCR) and Selective Catalytic Reduction (SCR) to reduce the NO x pollutants in exhaust gases produced by the combustion of diesel.

In 2023, the global demand for diesel engines is anticipated to rise by more than 4%, reaching over USD 240 billion.

Granular Urea Market
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Granular Urea Sector: Growth Drivers and Challenges

Growth Drivers

  • High Demand in Construction Process– Granular urea is considered a vital component in construction applications owing to its advanced properties which aid in increasing durability and strength, and can lower the concrete temperature and increase flowability in mass concrete buildings.
  • Increase in Research & Development Activities- Governments of different nations and major key players operating in the granular urea market are spending heavily on introducing advanced components such as granular urea, glyphosate, and others for enhancing the crop quality and efficiency of agricultural processes.
  • Rising Air Pollution- The threat that air pollution poses to both public health and the advancement of the economy is well-known, and as a result, governments across the globe are enforcing stringent regulations to reduce air pollution. This had led to the adoption of cleaner technologies such as granular urea to meet the regulations and prevent nitrogen-related air pollution.

For instance, Petrochemical Industries Company (PIC) in Kuwait successfully reduced ammonia emissions by over 70%, and urea emissions by more than 50% by replacing the melting and prilling units of finished-product urea prills with an eco-friendly granulation process.

  • Used as Cattle Feed Supplement- Feed-grade urea is the non-protein nitrogen source created by the interaction of ammonia and carbon dioxide and is the most commonly used cost-effective alternative when plant protein feeds, such as soybean meal, are expensive in the diets of cattle and other ruminants. It helps in improving digestion, maximizes the advantages of low-quality feeding, and enhances microbial crude protein (MCP) production and animal production.


  • Harmful Effect on Environment– Granular urea usually contains toxic ingredients which are harmful to the environment and human after consumption. This trend is anticipated to hinder the utilization rate of granular urea and subsequently hamper the market growth in the fore coming years.
  • Lack of Regulatory Standards
  • Additional Expenses Incurred in the Production Process

Granular Urea Market: Key Insights

Base Year


Forecast Year




Base Year Market Size (2022)

~ USD 35 Billion

Forecast Year Market Size (2035)

~ USD 55 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa
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Granular Urea Segmentation

Product Type (Fertilizer, Feed, Technical Grade)

The fertilizer grade segment in the granular urea market is estimated to gain a robust revenue share of 38% in the coming years owing to the growing demand for food. Granular urea is efficient in enhancing agricultural processes, therefore it is widely used to meet the demand for food.

Fertilizer grade is considered to be the highest quality nitrogen fertilizer which is used to supply nitrogen to plants, to encourage the growth of green leaves. It also has other benefits such as cost effectiveness, and easy availability which as a result is expected to propel the population to adopt fertilizer-grade granular urea.

According to estimates, by 2050, the demand for food is anticipated to rise globally by over 65%.

Application (Agriculture, Chemical, Building & Construction)

The agriculture segment is set to hold 46% share of the global granular urea market in the near future owing to an increasing usage of granular urea in the agriculture sector. Granular Urea is heavily used in the agricultural sector as a nitrogen fertilizer owing to its various advantages over prilled urea.

It has around 46% nitrogen concentration, and it is extensively utilized in horticulture, agriculture, and pasture growth to increase crop yields. By controlling and eradicating undesirable vegetation farmers use granular urea to protect crops and plants.

Our in-depth analysis of the global granular urea market includes the following segments:

           Product Type

  • Fertilizer
  • Feed
  • Technical Grade


  • Agriculture
  • Chemical
  • Building & Construction

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Granular Urea Industry- Regional Synopsis

APAC Market Forecast

The granular urea market in the Asia Pacific is predicted to account for the largest share of about 35% by the end of 2035 impelled by rapid urbanization. As more and more people in the region are shifting towards urban areas the agricultural land is being largely used for non-agricultural purposes which has reduced the availability of arable land. As a result, farmers in the region are widely using granular urea to increase crop production in the limited available land.

According to predictions, more than 50% of the population in Asia Pacific will live in urban areas in 2030.

North American Market Statistics

The North America granular urea market is estimated to hold the second-largest share of about 24%, during the forecast timeframe led by the growing polymer sector. There is an increasing need for polymer-based products in the region which may increase the demand for granular urea since it is used as a feedstock in the production of the polymer.

Research Nester
Granular Urea Market Size
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Companies Dominating the Granular Urea Market

    • Indian Farmers Fertilisers Cooperative Limited
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • CF Industries Holdings, Inc.
    • Saudi Basic Industries Corporation (SABIC)
    • Yara International ASA
    • Nutrien Ltd.
    • EuroChem Group
    • OstChem (Group DM)
    • Bunge Limited
    • Coromandel International Ltd.
    • Notore Chemical Industry Plc.


In The News

  • Indian Farmers Fertilisers Cooperative Limited introduced IFFCO's nano liquid DAP fertilizer to boost the quality and quantity of crop production, and contribute significantly to restoring the fertility of the land. Further, the utilization of nano fertilizers will assist farmers in embracing a natural farming style which would help in increasing local production in India and decrease reliance on imports.
  • EuroChem Group acquired Serra do Salitre phosphate project in Brazil which includes a sulfuric acid plant, a phosphoric acid plant, and a storage facility for granular fertilizers, to strengthen its position as a leader in the fertiliser industry across the globe.

Author Credits:  Smruti Ranjan, Rajrani Baghel

  • Report ID: 4077
  • Published Date: Jul 27, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Spiking demand for diesel and the growing chemical industry are the major factors driving the growth of the market.

The market size of granular urea is anticipated to attain a CAGR of 3% over the forecast period, i.e., 2023 – 2035.

The major players in the market are CF Industries Holdings, Inc., Saudi Basic Industries Corporation (SABIC), Yara International ASA, Nutrien Ltd., EuroChem Group, OstChem (Group DM), Bunge Limited, Coromandel International Ltd., Notore Chemical Industry Plc.

The fertilizer grade segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
Granular Urea Market Report Scope

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