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Urea Market Set to Surpass USD 110 Billion by 2032, Driven by Agricultural Demand and Industrial Applications | #urea Market

Urea Market Set to Surpass USD 110 Billion by 2032, Driven by Agricultural Demand and Industrial Applications

Urea Market Set to Surpass USD 110 Billion by 2032, Driven by Agricultural Demand and Industrial Applications

The Urea Market is projected to grow at a compound annual growth rate (CAGR) of 3.5%, reaching a market value of USD 110 billion by 2032. The rising demand for urea in agricultural applications, primarily as a nitrogenous fertilizer, along with its growing usage in the automotive and indus