Jacksonharolin04 Jul, 2024Business
The global urea market size reached US$ 51.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 59.9 Billion by 2032, exhibiting a growth rate (CAGR) of 1.6% during 2024-2032. The increasing demand for food and crops, rising sales of vehicles, and the growing usage in the production of medical drugs represent some of the key factors driving the market.
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