Urea Market Flourishing Growth by Types, Key Vendors, Trends Analysis, Major Factors, Business Opportunities & Forecast to 2025 - PowerPoint PPT Presentation

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Urea Market Flourishing Growth by Types, Key Vendors, Trends Analysis, Major Factors, Business Opportunities & Forecast to 2025

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The global urea market is likely to expand at a CAGR of more than 3% from 2018 to 2025. – PowerPoint PPT presentation

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Title: Urea Market Flourishing Growth by Types, Key Vendors, Trends Analysis, Major Factors, Business Opportunities & Forecast to 2025


1
Global Urea Market
  • Trends of Its Related Technologies (Stamicarbon,
    SnamProgetti, Conventional, Others), Applications
    (Agriculture, Industrial, Others) For Regions
    (Asia Pacific, North America, South America,
    Europe, Middle East Africa) with Forecasts from
    2018 to 2025

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2
Global Urea Market Size, Share Global Forecast
2018-2025
  • Adroit Market Research today published a study on
    the Global Urea Market Trends of Its Related
    Technologies (Stamicarbon, SnamProgetti,
    Conventional, Others), Applications (Agriculture,
    Industrial, Others) For Regions (Asia Pacific,
    North America, South America, Europe, Middle East
    Africa) with Forecasts from 2018 to 2025. The
    global urea market size is estimated based on the
    ongoing trend and consumption patterns of the
    fertilizer industry across the globe. The report
    also provides a brief outlook on the key
    strategies implemented by global players.
  • The global urea market size is projected to be
    valued at USD 56.2 billion by 2025. Industrial
    applications of urea such as the production of
    resins and catalysts is estimated to be show
    fastest growth by 2025. Manufacture of melamine
    that is used for producing melamine-methanal
    resins is one of the crucial non-agricultural
    application of urea.
  • Urea is being increasingly used for reducing
    emissions from diesel engines in buses, lorries,
    and cars. For instance, diesel engines running at
    high temperatures produce nitric oxide with high
    concentrations by reacting with nitrogen and
    oxygen present in the air which causes pollution.
    One of the ways to remove this pollutant is by
    allowing it to react with ammonia to form
    nitrogen. However, the process is volatile and
    poisonous where a solution of urea water is
    injected into the exhaust. Urea is decomposed via
    a thermal process to form ammonia and carbon
    dioxide.
  • China accounted for a major market revenue share
    of nearly 50 in 2017 in the global urea market
    and is estimated to show similar trend over the
    forecast period. Increase in the capacity of urea
    and ammonia plants is the key driver behind China
    being the significant exporter of urea. Presence
    of huge population coupled with economies of
    scale is associated with the uplifting demand of
    urea in this region.

3
Global Urea Market Size, Share Global Forecast
2018-2025
  • Upcoming capacity addition of ammonia and urea in
    Egypt is anticipated to boost the demand. For
    instance, The Egyptian Chemical Fertilizers
    Industries (KIMA) is expected to start commercial
    production of ammonia in April, 2019 followed by
    urea production at the end of June, at its plant
    in Aswan. The production capacity of the project,
    known as KIMA II, will be 396,000 tonnes/year of
    ammonia and 530,000 tonnes/year of urea.
  • The company already produces and distributes
    ammonium nitrate, ammonia, nitric acid,
    hydrochloric acid, ferrosilicon alloy and silica
    fume from the facility. The new plant will have a
    capacity of 1,200 tonnes/day of ammonia and 1,575
    tonnes/day of urea. Egypt is a key exporter of
    urea with a production capacity of over 4.6m
    tonnes from four main companies, such as Misr
    Fertilizers Production Company (MOPCO), Egyptian
    Fertilizers Company (EFC), Helwan and AlexFert.
  • Increasing demand for food grains on account of
    the burgeoning population across the globe is
    anticipated to elevate the use of urea. Capacity
    expansion from U.S., China, and Europe has caused
    increase in the domestic production and decrease
    in the imports of urea. Capacity expansion has
    created oversupply of urea hence rising the
    prices of the urea and accumulation of unsalable
    inventories.
  • Browse the complete report on _at_
    https//adroitmarketresearch.com/industry-reports/
    urea-market

4
Key Segments of the Global Urea Market
  • Technology Overview, 2013-2025 (Kilo Tons) (USD
    Million)
  • Stamicarbon technology
  • SnamProgetti / Saipem technology
  • Conventional technologies
  • Others
  • Application Overview, 2013-2025 (Kilo Tons) (USD
    Million)
  • Agriculture
  • Industrial
  • Others
  • Regional Overview, 2013-2025 (Kilo Tons) (USD
    Million)
  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East Africa
  • Purchase a single user copy of the global Urea
    market report_at_ https//adroitmarketresearch.com/re
    searchreport/purchase/817

5
About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
    materials, healthcare pharmaceuticals,
    semiconductor electronics, energy power, food
    retail, consumer goods, technology, and
    machinery equipment sectors across the world to
    identify new opportunities, potential customers,
    prepare go-to-market (GTM) strategies, identify
    segments for revenue growth for companies, and
    many more.
  • US Headquarters3131 McKinney Ave Ste 600
    Dallas, TX 75204 ,U.S.A 
  • Phone 1 (214) 884-6068
  • Email sales_at_adroitmarketresearch.com
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