Authored By: Sarah
09 Jan 2025

Latest News- Urea Market in Singapore: Granular urea is expected to lead the Type segment during 2025-2029

The Urea Market in Singapore is being driven by Expansion of regional trade and export activities

The Singapore Urea Market  is poised for 2.8% CAGR growth during 2025-2029, with an incremental growth of USD 3.57 thousand. Nano urea adoption surges, driven by superior reactivity and solubility. Enhanced plant nutrient absorption boosts yields and productivity. Reduced urea application minimizes environmental impact, such as such as soil degradation and water pollution. This aligns with the growing Fertigation And Chemigation Market, emphasizing efficient nutrient delivery and sustainable agriculture practices.

Get more information on Urea Market in Singapore by requesting a sample report

Urea Market in Singapore 2025-2029

Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

  • Type
    • Granular urea
    • Prilled urea
    • Liquid urea
    • Urea-ammonium nitrate (UAN) solution
  • End-user
    • Agriculture
    • Chemicals and manufacturing
    • Automotive
    • Pharmaceuticals
  • Geography
    • APAC
      • Singapore

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

  • Expansion of regional trade and export activities
  • Increasing use in industrial applications
  • Environmental regulations and sustainability efforts

However, the market also witnesses some limitations, which are as follows:

  • Price volatility
  • Constrained domestic agricultural demand
  • Competition from alternative fertilizers

Benefits of Buying Global Urea Market in Singapore Research Report by Technavio

Rich Experience: 20+ years leading global market research, trusted insights across industries.

Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.

Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.

Market Scope in Urea Market in Singapore Research Report

Market Scope

Report Coverage

Details

Page number

143

Base year

2024

Historic period

2019-2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 2.8%

Market growth 2025-2029

USD 3.57 thousand

Market structure

Concentrated

YoY growth 2024-2025(%)

2.1

Key countries

Singapore

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Request Free Sample

Find out which segment is leading the market by accessing the free PDF report

Research Analysis Overview

Urea, also known as carbamide, is a versatile nitrogen-containing compound widely used in various industries in Singapore. It is derived from nitrogen in the air and serves as a crucial ingredient in fertilizers for improving soil fertility in grazing lands. In the manufacturing sector, urea is employed in producing nitrogen oxide pollutants, marine plywood, lubricating oils, urea-formaldehyde resins, and rehydration products. The aviation industry utilizes it as a component in de-icing solutions and as a fuel additive. Urea is essential in the production of protein for feed grade applications, as denaturants in the cosmetics industry, and as stabilizers in hair conditioners. The nitrogen in urea is also used as yeast nutrients, nitrogen fertilizer, and in the production of nitrocellulose explosives, flavor-enhancing additives, and fuel cells. The use of urea in precision farming and hedging helps manage risk and optimize nutrient uptake. Prilled urea increases surface area for better absorption, while nano fertilizers enhance nutrient efficiency. The urea market in Singapore faces challenges due to its ecological impact, investment opportunities, and supply chain complexities.

Market Research Overview

The global fertilizers and agricultural chemicals market encompasses businesses engaged in the production of fertilizers and agricultural chemicals, as well as related components. This sector comprises agricultural pesticides, such as insecticides, herbicides, fungicides, and nematicides, and fertilizers, including nitrogenous fertilizers like urea, phosphatic fertilizers, potassic fertilizers, and biofertilizers. According to Technavio, the market's size is determined by the earnings generated by manufacturers of various types of fertilizers and agricultural chemicals. Key growth drivers for this market include the increasing number of product launches, as market participants continue to broaden their offerings with new product introductions. Urea, a nitrogenous fertilizer, is widely used in agriculture, industry, and various other applications, such as wastewater treatment, cosmetics, medicine, and biotechnology, further expanding the market's scope.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.


Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Read News Read Less
Interested in this report?
Get your sample now!

Safe and Secure SSL Encrypted

Technavio

  • 2500 USD

[5 reports/month/user]

  • 5000 USD

close
  • Basic Plan [5000 USD/Year]:

    Single User
    Download 5 Reports/Month
    View 100 Reports/Month
    Add upto 3 Users at 625 USD/user

  • Teams Plan [7500 USD/Year]:

    5 User
    Download 5 Reports/Month/User
    View 100 Reports/Month/User
    Add upto 30 Users at 500 USD/user

*You can upgrade to Teams plan at Subscription page

close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization).
    Complimentary Customization Included

*For Enterprise license, go to checkout page

Technavio Get the report (PDF) sent to your email within minutes.