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The global nano urea market is anticipated to project robust growth in the forecast period, 2022-2035, with an impressive CAGR value of 32.11% on account of increasing demand for food crops. The rapidly increasing global population and the necessity to fulfill food requirements are further driving the growth of the global nano urea market in the forecast period.
Technical advancement in any sector is indispensable with time. Many industries have faced an evolutionary transformation that has effectively aided in bringing a revolutionary change in people’s lives, and the fertilizer industry is no exception. Recently, to uplift the detrimental effects of Nitrogenous based fertilizer, prevalent technology used in the fertilizer industry has been upgraded for the enrichment of crop productivity and enhancement in the quality of various types of crops like food crops, cash crops, horticulture crops, and Plantation crops.
Nano-urea is the result of combining nanotechnology with agriculture to improve the capabilities of nitrogen-based fertilizers. Nanoparticles are mostly used to make fertilizer more easily and efficiently absorbable by plants. Nano urea fertilizers are intended to increase agricultural yields, enhance plant absorbency, and offer more nutrients to plants, making them a preferred alternative among consumers worldwide.
Demand for nanotechnology-based fertilizer is on the rise
The overall economic growth of a country hugely depends on the growth of every industry within the country. It will be unjust to claim that a particular industry/ sector is solely responsible for the entire growth of the economy. The agriculture sector, if not the major contributor to the economy, is surely the backbone of any country because it is supremely important to have all the people non-deprived of food. So, to achieve desirable production and optimal quality of crops, it becomes necessary to have the smoothest and most efficient functioning of the entire value chain. However, there are several factors that undesirably exist in nature and cause damage to plants and hamper their growth. This adversity could be due to the pollutants in the environment, excessive utilization of Nitrogenous based fertilizers, or sometimes use the organic-based fertilizer, which tends to spoil the production by not delivering the essential nutrients effectively.
Toxins in the soil, water, and air reduce crop output, impede plant growth, and accumulate in fruits and vegetable crops. As a result, demand for efficient and reliable fertilizers is surging, leading the worldwide nano urea market over the forecast period. In the forecast years, until 2035, demand for Nano urea-based fertilizers will boost the expansion of the Global Nano Urea Market.
The distinguishing feature of Nano Urea aids in Market Growth
Nano urea has numerous characteristics that aid in continuous plant growth; thus, its use in the field will progressively increase, supporting the global nano urea market’s growth over the forecast period. The nutrient consumption efficiency of traditional fertilizers for sodium (N), phosphorus (P), and potassium (K) is barely more than 30% -35 percent, 18% -20 percent, and 35-40 percent, respectively. For about 30 days, nanoparticles slowly and steadily deliver the nutrition consistently. This approach accelerates nutrient absorption efficiency while causing no adverse side effects. Because the absorption process is slowed, there is less likelihood of nutrient loss, which helps maintain the environment clean. The development of nanotechnology-based slow/controlled-release fertilizers and conditional-release insecticides and herbicides has become vital for fostering the development of environmentally friendly and sustainable agriculture. Indeed, nanotechnology has made it possible to use nanoscale or nanostructured materials as fertilizer carriers or controlled-release drivers for developing “smart fertilizer” as new facilities to improve nutrient usage efficiencies and reduce environmental protection costs.
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Market Segmentation
The global nano urea market is segmented based on end use, sales channel, region, and competitional landscape. On the basis of end-user, the market is further segmented into food crops, cash crops, horticulture crops, plantation crops, and others. Based on sales channel, the market is segmented into Direct Sales and Indirect Sales. On the basis of regional analysis, the market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
Company Profiles
Indian Farmers Fertilizer Cooperative Limited, Rashtriya Chemicals and Fertilizers Limited, National Fertilizers Limited, CF Industries Holdings Inc., Nutrien Limited, and Yara International ASA are among the major market players in the global nano urea market.
Attribute | Details |
Market Size Value in 2022 (estimated) | USD 91.94 Million |
Revenue Forecast in 2035 | USD 3431.79 Million |
Growth Rate | 32.11 % |
Base Year | 2021 |
Historical Years | NA (Since the product itself was invented in 2021) |
Estimated Year | 2022 |
Forecast Period | 2023 – 2035 |
Quantitative Units | Revenue in USD Million, Volume in Million liters and CAGR for 2022-2035 |
Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered | · End Use· Sales Channel· Region |
Regional Scope | Asia-Pacific, Europe, North America, South America, and Middle East & Africa |
Country Scope | India, China, Australia, Pakistan, Japan, South Korea, Sri Lanka; Sweden, Italy, United Kingdom, Spain, Belgium, Austria, Germany, France; United States, Canada, Mexico; Brazil, Argentina; South Africa, Saudi Arabia, Iran. |
Key Companies Profiled | Indian Farmers Fertilizer Cooperative Limited, Rashtriya Chemicals and Fertilizers Limited, National Fertilizers Limited, CF Industries Holdings Inc., Nutrien Limited, Yara International ASA |
Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |
Report Scope:
In this report, the global nano urea market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Nano Urea Market, By End Use:
- Food Crops
- Cash Crops
- Horticulture Crops
- Plantation Crops
- Others
- Nano Urea Market, By Sales Channel:
- Direct Sales
- Indirect Sales
- Nano Urea Market, By Region:
- Asia-Pacific
- India
- China
- Australia
- Pakistan
- Japan
- South Korea
- Sri Lanka
- Europe
- Sweden
- Italy
- United Kingdom
- Spain
- Belgium
- Austria
- Germany
- France
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Middle East & Africa
- Saudi Africa
- Saudi Arabia
- Iran
- Asia-Pacific
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the global nano urea market.
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Table of Content
- Product Overview
- Research Methodology
- Demand Supply Outlook – Global Nano Urea Market
3.1. Capacity By Company
3.2. Capacity By Location/Country
3.3. Capacity By Technology
3.4. Production
3.5. Operating Efficiency
3.6. Demand By End Use
3.7. Demand By Sales Channel (Direct, Indirect)
3.8. Demand By Region
3.9. Sales By Company
- Global Demand-Supply Gap, 2021-2035
- Demand Supply Outlook – APAC Nano Urea Market
5.1. Demand By End Use
5.2. Demand By Sales Channel
5.3. Demand By Country
- APAC Country-Wise Demand-Supply Gap, 2021-2035
6.1. Demand Supply Outlook – India Nano Urea Market
6.1.1. Capacity By Company
6.1.2. Capacity By Location
6.1.3. Capacity By Technology
6.1.4. Production By Company
6.1.5. Operating Efficiency By Company
6.1.6. Demand-Supply Scenario
6.1.7. Demand By End Use
6.1.8. Demand By Sales Channel
6.2. Demand Supply Outlook – China Nano Urea Market
6.2.1. Demand By End Use
6.2.2. Demand By Sales Channel
6.3. Demand Supply Outlook – Australia Nano Urea Market
6.3.1. Demand By End Use
6.3.2. Demand By Sales Channel
6.4. Demand Supply Outlook – Pakistan Nano Urea Market
6.4.1. Demand By End Use
6.4.2. Demand By Sales Channel
6.5. Demand Supply Outlook – Indonesia Nano Urea Market
6.5.1. Demand By End Use
6.5.2. Demand By Sales Channel
6.6. Demand Supply Outlook – Japan Nano Urea Market
6.6.1. Demand By End Use
6.6.2. Demand By Sales Channel
6.7. Demand Supply Outlook – South Korea Nano Urea Market
6.8. Demand Supply Outlook – Sri Lanka Nano Urea Market
- Europe Country-Wise Demand-Supply Gap, 2021-2035
7.1. Demand Supply Outlook – Europe Nano Urea Market
7.1.1. Demand By End Use
7.1.2. Demand By Sales Channel
7.1.3. Demand By Country
- Europe Country-Wise Demand-Supply Gap, 2021-2035
8.1. Demand Supply Outlook – France Nano Urea Market
8.1.1. Demand By End Use
8.1.2. Demand By Sales Channel
8.2. Demand Supply Outlook – Germany Nano Urea Market
8.2.1. Demand By End Use
8.2.2. Demand By Sales Channel
8.3. Demand Supply Outlook – Spain Nano Urea Market
8.3.1. Demand By End Use
8.3.2. Demand By Sales Channel
8.4. Demand Supply Outlook – United Kingdom Nano Urea Market
8.4.1. Demand By End Use
8.4.2. Demand By Sales Channel
8.5. Demand Supply Outlook – Italy Nano Urea Market
8.5.1. Demand By End Use
8.5.2. Demand By Sales Channel
8.6. Demand Supply Outlook – Sweden Nano Urea Market
8.6.1. Demand By End Use
8.6.2. Demand By Sales Channel
8.7. Demand Supply Outlook – Belgium Nano Urea Market
8.7.1. Demand By End Use
8.7.2. Demand By Sales Channel
- Demand Supply Outlook – North America Nano Urea Market
9.1. Demand By End Use
9.2. Demand By Sales Channel
9.3. Demand, By Country
- North America Country-Wise Demand-Supply Gap, 2021-2035
10.1. Demand Supply Outlook – United States Nano Urea Market
10.1.1. Demand By End Use
10.1.2. Demand By Sales Channel
10.2. Demand Supply Outlook – Mexico Nano Urea Market
10.2.1. Demand By End Use
10.2.2. Demand By Sales Channel
10.3. Demand Supply Outlook – Canada Nano Urea Market
10.3.1. Demand By End Use
10.3.2. Demand By Sales Channel
- Demand Supply Outlook –South America Nano Urea Market
11.1. Demand By End Use
11.2. Demand By Sales Channel
11.3. Demand By Country
- South America Country-Wise Demand-Supply Gap, 2021-2035
12.1. Demand Supply Outlook – Brazil Nano Urea Market
12.1.1. Demand By End Use
12.1.2. Demand By Sales Channel
12.2. Demand Supply Outlook – Argentina Nano Urea Market
12.2.1. Demand By End Use
12.2.2. Demand By Sales Channel
- Demand Supply Outlook –Middle East & Africa Nano Urea Market
13.1. Demand By End Use
13.2. Demand By Sales Channel
13.3. Demand By Country
- Middle East & Africa Country-Wise Demand-Supply Gap, 2021-2035
14.1. Demand Supply Outlook – South Africa Nano Urea Market
14.1.1. Demand By End Use
14.1.2. Demand By Sales Channel
14.2. Demand Supply Outlook – Saudi Arabia Nano Urea Market
14.2.1. Demand By End Use
14.2.2. Demand By Sales Channel
14.3. Demand Supply Outlook – Iran Nano Urea Market
14.3.1. Demand By End Use
14.3.2. Demand By Sales Channel
- Market Dynamics
15.1. Drivers
15.2. Challenges
- Market Trends and Developments