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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