According to a new report by Intel Market Research, the global urea market continues to play a vital role in supporting agricultural productivity and industrial manufacturing worldwide. The global urea market was valued at USD 69.24 billion in 2025 and is projected to reach approximately USD 70.56 billion by 2034, exhibiting a stable CAGR of 0.2% during the forecast period.
Urea, a nitrogen-rich organic compound with the chemical formula CO(NH₂)₂, remains one of the most widely used nitrogen fertilizers globally due to its high nutrient concentration and cost efficiency. Containing approximately 46% nitrogen, urea is extensively utilized in crop cultivation to improve agricultural productivity and address growing global food demand.
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