The global urea market, valued at approximately USD 31.9 billion in 2022, is projected to grow to USD 41.5 billion by 2033, reflecting a CAGR of 2.5%. This growth is driven primarily by high demand for fertilizers in agriculture, spurred by increasing food needs due to rising global populations. While the market saw a modest CAGR of 1.4% from 2017 to 2022, recent challenges such as the...
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