Granular Urea Market Segmentation:
Grade Segment Analysis
The fertilizer grade segment is predicted to gain the largest granular urea market share of 67.9% during the projected period by 2037, due to stringent nitrogen needs and precision farming compatibility. The U.S. Environmental Protection Agency encourages syringes in the form of controlled-release and stabilized formulations, and granular urea nitrogen use efficiency. The USDA Economic Research Service stated there was an increase in demand for granular urea from 2022–2024, driven by high fertilizer uses in government-incentivized climate-smart agriculture, and high corn production, which reinforces the fertilizer-grade stature.
Application Segment Analysis
The agriculture segment is anticipated to constitute the most significant growth by 2037, with 54.3% granular urea market share, mainly due to low cost and nitrogen content (46 percent), which may be significant for yield-driven crops like rice, wheat, and maize. In both the Asia-Pacific and Sub-Saharan African regions, there are rapidly emerging markets due to growing food demand and government fertilizer subsidy programs. In 2023–2024, the Indian Department of Fertilizers allocated more than INR 1.75 lakh crore (USD 21 billion) for fertilizer subsidy programs to facilitate the distribution of granular urea, which is referred to as a distribution under the Nutrient Based Subsidy Scheme. In a similar vein, the FAO predicts that rising demand for staple crops will cause a 12% increase in the use of nitrogen fertilizer worldwide by 2035.
Our in-depth analysis of the granular urea market includes the following segments:
|
Segment |
Subsegment |
|
Grade |
|
|
Application |
|
|
End use |
|
|
Distribution Channel |
|
