Small Granular Urea Market, Global Outlook and Forecast 2024-2030
The global Small Granular Urea market size was valued at US$ 1.89 billion in 2024 and is projected to reach US$ 2.67 billion by 2030, at a CAGR of 5.9% during the forecast period 2024-2030.
The United States Small Granular Urea market size was valued at US$ 456.7 million in 2024 and is projected to reach US$ 623.4 million by 2030, at a CAGR of 5.3% during the forecast period 2024-2030.
Small Granular Urea is a nitrogen-rich fertilizer with uniform, small-sized granules optimized for precision agriculture and specialized applications.
The global market is growing steadily, driven by precision farming practices and agricultural intensification. In 2023, production volume reached 45 million metric tons, with agriculture accounting for 85% of consumption. The market saw a 25% increase in coated variant adoption in 2023. Standard prilled urea dominates with a 70% market share, while specialty coated products are growing at 8% annually. Asia Pacific leads with a 45% market share and is the fastest-growing region at 6.8% CAGR. The industry is focusing on developing controlled-release formulations, with a 30% growth in R&D investments for efficiency improvements.
Report Overview
Urea is a solid fertilizer containing 46.6% of Nitrogen. It is produced by the reaction of Ammonia and Carbon dioxide under high pressure, both feedstock being supplied by the ammonia plant. This report studies the Small Granular Urea (Less than 2 mm in diameter).
This report provides a deep insight into the global Small Granular Urea market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Small Granular Urea Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Small Granular Urea market in any manner.
Global Small Granular Urea Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
QAFCO
CF Industries
SABIC
Yangmei Chemical
Yara
Nutrien
Koch Fertilizer
EuroChem
Shanxi tianze coal-chemical
Rui Xing Group
China XLX Fertiliser
Shandong Lianmeng Chemical
Hualu-hengsheng
Dongguang Chemical
Sichuan Lutianhua
CVR Partners, LP
Hubei Yihua Chemical Industry
Luxi Chemical Group
Coromandel International Ltd.
Sinofert Holdings Limited.
Bunge Limited
OSTCHEM (Group DF)
OCI Nitrogen
Market Segmentation (by Type)
Gas based Urea Fertilizers
Coal based Urea Fertilizers
Others
Market Segmentation (by Application)
Agricultural
Industrial
Geographic Segmentation
