Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Granular Urea Market size is set to expand from USD 37.41 billion in 2024 to USD 54.94 billion by 2037, registering a CAGR of more than 3% during the forecast timeline, from 2025 through 2037. Currently in 2025, the industry revenue of granular urea is evaluated at USD 38.2 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 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.
Challenges
- 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
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
3% |
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Base Year Market Size (2024) |
USD 37.41 billion |
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Forecast Year Market Size (2037) |
USD 54.94 billion |
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Regional Scope |
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Granular Urea Segmentation
Product Type (Fertilizer, Feed, Technical Grade)
In granular urea market, fertilizer segment is poised to hold more than 38% share by 2037, 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)
By the end of 2037, agriculture segment is expected to capture granular urea market share of around 46%, 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:
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Product Type |
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Application |
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Customize this ReportGranular Urea Industry- Regional Synopsis
APAC Market Forecast
In granular urea market, Asia Pacific region is estimated to hold revenue share of more than 35% by 2037, 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
In granular urea market, North America region is anticipated to capture revenue share of around 24% by the end of 2037, 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 polymerr.
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: Rajrani Baghel
- Report ID: 4077
- Published Date: Mar 21, 2025
- Report Format: PDF, PPT
