Sellbyville, DE -- (SBWIRE) -- 05/06/2020 -- Global urea market holds a dominant position in the agricultural applications in the form of fertilizer as it is the most commonly used nitrogen fertilizer containing about 46% of nitrogen. The chemical is the cheapest form of nitrogen fertilizer to transport and is highly favored across the developing nations. It has been estimated that about 90% of urea is used to manufacture fertilizers.

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The product has an excellent nitrogen content and calls for a considerably low production cost on account of its natural source. Urea has risk-free storage as well as exhibits a non-flammable property that gathers major attention from manufacturers globally. It has a wide range of applications across medical, polymer, chemical industries, automotive, explosives, and deicing.

Company profiled in the urea market report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Yara
2. Potash Corp
3. Acron
4. Jiangsu Sanmu
5. Agrium
6. BIP
7. Chemiplastica
8. CNPC
9. Euro Chem
10. OCI Nitrogen,
11. BASF SE
12. KBR Inc.
13. Petrobras
14. QAFCO
15. CF Industries
16. SABIC
17. Koch Fertilizer Teijin

The global urea market report provides a detailed outlook of this industry. It also explains the changing market dynamics, value chain, deployments, constraining factors, and market dynamic forces of the urea Industry.

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The government of India initiated the Soil Health Card Scheme that primarily assesses the status of nutrients of every farm present in the country. Its main objective was to issue the farmers with health cards every 2 years to present a basis to address all the nutritional deficiencies in fertilizer practices, creating a favorable growth prospect for urea market in the near future.

The global Urea Market report is inclusive of a definite aggressive standpoint that explains a summary of the entire industry and profiles of the major companies in the worldwide market. The urea market report also provides a detailed diagram of the innovations, production analysis, product specification, and product type, taking into consideration, factors such as costs, remuneration, and gross margins.

Growing global population has led to a rise in the agricultural activities that require fertilizers in large numbers to sustain the crop yield against pests and insects. This has rendered a positive impact on the area market over the years. Urea, also known as carbamide is essentially produced from carbon dioxide and ammonia and has been labeled as among the most important chemicals used in the polymer and agricultural industries.

The U.S. has installed over 1,000 SCR systems in several sources across different industries besides automotive, such as process heaters, steel mills, utility & industrial boilers, gas turbines, and chemical plants, fueling urea market trends over the coming years.

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Main Features of the Global Market Research Report:

The report delivers the market valuation as well as the projected growth rate of the market spanning all years till 2025.

-The report also describes the major drivers of the urea market by considering as well as taking calculated risks, in tandem with identifying and testing new strategies.

-The research report endorses a detailed industry chain analysis. Also, it covers the production process of the market, upstream raw material supplier information, raw material costs, labor costs, manufacturing costs, marketing channels, as well as the downstream buyers of the urea market.

-The report provides detailed knowledge about the competitive scenario of the global market and also discusses the numerous marketing strategies adopted by companies to stay ahead in the competition.

-The report analyses the various market segments and also provides their contribution to the development of the global urea market.

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