The global urea market was valued at USD 63.39 billion in 2024 and is forecasted to expand significantly, reaching USD 66.38 billion in 2025 and USD 96.00 billion by 2033. This growth represents a compound annual growth rate of 4.72% during 2025-2033. Increasing demand for fertilizers in agriculture and rising applications in industrial sectors drive this market's expansion globally.

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Urea Market Analysis Growth Forecast Trends 2025-2033

Urea Market is expected to reach US$ 63.39 billion in 2024 to US$ 96.00 billion by 2033, with a CAGR of 4.72% from 2025 to 2033

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