Lucintel's latest market report analyzed that urea provides attractive opportunities in the agriculture, chemical, automotive, medical, and other industries. The urea market is expected to grow at a CAGR of 2%-3%. In this market, fertilizer grade is the largest segment by grade, whereas agriculture is largest by end use industry.
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Based on grade, the urea market is segmented into fertilizer grade, feed grade, and technical grade. The fertilizer grade segment is accounted for the largest share of the market in 2020 due to its increased usage in agriculture industries.
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The urea market is marked by the presence of several big and small players. Some of the prominent players offering Urea include SABIC, BASF, Nutrien Ltd., KBR inc., and Euro Chem Group.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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