Inquire Before Buying
Speak to an Analyst 
Request Brochure 
Request CustomizationIMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.
Read More
India Urea Market Report by Grade (Fertilizers Grade, Feed Grade, Technical Grade), Application (Nitrogenous Fertilizer, Stabilizing Agent, Keratolyte, Resin, and Others), End Use Industry (Agriculture, Chemical, Automotive, Medical, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A21545
Buy Now
India Urea Market:
India urea market size is projected to exhibit a growth rate (CAGR) of 7.70% during 2024-2032. The rising need for food production is escalating the adoption of fertilizers, which is driving the market across the country.
|
Report Attribute
|
Key Statistics
|
|---|---|
|
Base Year
|
2023 |
|
Forecast Years
|
2024-2032 |
|
Historical Years
|
2018-2023
|
| Market Growth Rate (2024-2032) | 7.70% |
India Urea Market Analysis:
- Major Market Drivers: The growing demand for agricultural products and the expanding bioenergy sector are bolstering the market across the country.
- Key Market Trends: The increasing farmlands in India contribute to the steady rise in urea consumption as farmers seek cost-effective solutions for soil fertility management, thereby accelerating the market growth.
- Competitive Landscape: The report has provided a comprehensive analysis of the competitive landscape in the market. Also, detailed profiles of all major companies have been provided.
- Geographical Trends: North India's intensive agriculture drives urea demand, while West and Central India's diverse crops maintain steady use. In addition, South India's varied farming patterns boost consumption, and Northeast India experience growing demand due to rice cultivation and enhanced agricultural development initiatives.
- Challenges and Opportunities: The over-reliance on government subsidies is hindering the market. However, promoting balanced fertilizer use and encouraging alternative nutrients to improve soil health and sustainability will continue to bolster the market over the forecasted period.
India Urea Market Trends:
Introduction of Innovative and Sustainable Fertilizers
Adopting innovative and sustainable fertilizers improves nutrient efficiency and reduces environmental impact. These advancements support sustainable farming practices, enhance crop yields, and optimize fertilizer usage, thereby promoting long-term soil health and productivity. For example, in April 2024, IFFCO announced the start of Nano Urea Plus production, featuring 16% nitrogen content, to meet crop nitrogen needs. This innovation supports India's urea market by enhancing crop yield and promoting climate-smart farming.
Increasing Domestic Production Capacity and Infrastructure
Enhancing production capacity and developing infrastructure are crucial for reducing dependency on imports and meeting the rising India urea market demand. Expanding production facilities strengthens self-reliance, improves supply chain efficiency, and supports agricultural growth by ensuring a steady supply of urea. For instance, in March 2024, the Prime Minister of India dedicated the HURL Sindri Fertilizer Plant in Jharkhand, enhancing country's urea production by approximately 12.7 lakh metric tons annually. This development supports India's goal of becoming self-reliant in urea and boosts local employment and infrastructure.
Government Initiatives Supporting Fertilizer Diversification
Government policies encourage the diversification of fertilizer types, which helps to address specific nutrient deficiencies in the soil, reduce import reliance, and promote balanced fertilization. These initiatives foster innovation, improve agricultural productivity, and ensure the availability of various fertilizers tailored to different crop needs. For example, in January 2024, the Cabinet Committee on Economic Affairs in India approved the launch of urea gold, sulfur-coated urea, to be sold at the same price as neem-coated urea. This aims to improve soil health, reduce costs, and increase productivity for Indian farmers.
India Urea Industry Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with the India urea market forecast at the country and regional levels for 2024-2032. Our report has categorized the market based on the grade, application, and end use industry.
Breakup by Grade:
- Fertilizers Grade
- Feed Grade
- Technical Grade
The report has provided a detailed breakup and analysis of the market based on the grade. This includes fertilizers grade, feed grade, and technical grade.
Urea is available in fertilizer, feed, and technical grades. Fertilizer-grade urea is designed for agriculture to enhance crop yields. In contrast, feed-grade urea is used as a protein substitute in animal feed. Technical grade urea serves various industrial applications, including chemical production.
Breakup by Application:
- Nitrogenous Fertilizer
- Stabilizing Agent
- Keratolyte
- Resin
- Others
The report has provided a detailed breakup and analysis of the market based on the application. This includes nitrogenous fertilizer, stabilizing agent, keratolyte, resin, and others.
Urea is a versatile nitrogenous fertilizer widely used in agriculture to boost plant growth. It also serves as a stabilizing agent in chemicals, a keratolytic in skincare, a resin in industrial applications, and has other specialized uses across industries. It plays a significant role in the India urea market share.
Breakup by End Use Industry:
- Agriculture
- Chemical
- Automotive
- Medical
- Others
The report has provided a detailed breakup and analysis of the market based on the end use industry. This includes agriculture, chemical, automotive, medical, and others.
Urea is vital in agriculture as a fertilizer, enhancing crop growth. In the chemical industry, it serves as a feedstock for resins and plastics. The automotive sector uses it in emissions control, while the medical field utilizes it in diagnostics and treatments. According to the India urea market analysis report, this is augmenting the growth of this segment.
Breakup by Region:
- North India
- West and Central India
- South India
- East and Northeast India
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, West and Central India, South India, and East and Northeast India.
According to the India urea market outlook, product usage in the country varies due to diverse agricultural practices. North India sees high demand because of intensive wheat and rice cultivation. In contrast, West and Central India use urea for a variety of crops, while South India's diverse farming also drives moderate demand. Moreover, East and Northeast India are increasing urea use, mainly for rice cultivation, supported by government initiatives. Overall, each region's unique agro-climatic conditions and crop patterns shape urea consumption, thereby reflecting its critical role in India's agriculture.
Competitive Landscape:
The India urea market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis, such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant, has been covered in the report. Also, detailed profiles of all major companies have been provided.
India Urea Market Recent Developments:
- April 2024: IFFCO announced the start of Nano Urea Plus production, featuring 16% nitrogen content, to meet crop nitrogen needs. This innovation supports India's urea market by enhancing crop yield and promoting climate-smart farming.
- March 2024: The Prime Minister of India dedicated the HURL Sindri Fertilizer Plant in Jharkhand, enhancing country's urea production by approximately 12.7 lakh metric tons annually.
- January 2024: The Cabinet Committee on Economic Affairs in India approved the launch of urea gold, sulfur-coated urea, to be sold at the same price as neem-coated urea.
India Urea Market Report:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Million |
| Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
|
| Grades Covered | Fertilizers Grade, Feed Grade, Technical Grade |
| Applications Covered | Nitrogenous Fertilizer, Stabilizing Agent, Keratolyte, Resin, Others |
| End Use Industries Covered | Agriculture, Chemical, Automotive, Medical, Others |
| Regions Covered | North India, West and Central India, South India, East and Northeast India |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- years?
- What has been the impact of COVID-19 on the India urea market growth?
- What is the breakup of the India urea market on the basis of grade?
- What is the breakup of the India urea market on the basis of application?
- What is the breakup of the India urea market on the basis of end use industry?
- What are the various stages in the value chain of the India urea market?
- What are the key driving factors and challenges in the India urea?
- What is the structure of the India urea market, and who are the key players?
- What is the degree of competition in the India urea market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India urea market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the India urea market.
- The study maps the leading, as well as the fastest-growing, regional markets.
- Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India urea industry and its attractiveness.
- The competitive landscape allows stakeholders to understand their competitive environment and provides insight into the current positions of key players in the market.
Need more help?
- Speak to our experienced analysts for insights on the current market scenarios.
- Include additional segments and countries to customize the report as per your requirement.
- Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
- For further assistance, please connect with our analysts.
Purchase Options
Benefits of Customization
Personalize this research
Triangulate with your data
Get data as per your format and definition
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization
Get in Touch With Us
UNITED STATES
Phone: +1-631-791-1145
INDIA
Phone: +91-120-433-0800
UNITED KINGDOM
Phone: +44-753-714-6104
Email: sales@imarcgroup.com
Client Testimonials
The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required
Read More
We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra
Read More
Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.
Read More.webp)
We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.
Read More
The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.
Read More
The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.
Read More
My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.
Read More
I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.
Read More.webp){kind=logo}
We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.
Read More
IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.
Read More
IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.
Read More
I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested
Read More
Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.
Read More
The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.
Read More
I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you
Read More
The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.
Read More
One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.
Read More
We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.
Read More
The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.
Read More
The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.
Read More
The report is excellent and has good amount of data and our team is extremely happy with the information provided.
Read More
Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.
Read More