Manufacturing of Urea Fertilizer. Profitable Inorganic Fertilizer for Crop Production Manufacturing Business Plan.
Fertilizers provide three primary nutrients: Nitrogen (N), Phosphorus (P) and Potassium (K). Nitrogen supports vegetative growth. Phosphorus improves roots and flowering. Potassium strengthens resistance to environmental assaults, from extreme temperatures to pest attacks.
Urea is the most important nitrogenous fertilizer in the market, with the highest Nitrogen content (about 46 percent). It is a white crystalline organic chemical compound. Urea is neutral in pH and can adapt to almost all kinds of soils. It is a waste product formed naturally by metabolizing protein in humans as well as other mammals, amphibians and some fish. Urea is widely used in the agricultural sector both as a fertilizer and animal feed additive.
Related Projects: – Fertilizers, Fertilisers, Inorganic Fertilizers (Mineral Fertilizer)
Urea is an organic chemical compound produced when the liver breaks down proteins and ammonia. Half the urea in your body remains in your bloodstream while the other half is mostly excreted through the kidneys as urine. A smaller amount is excreted through sweat.
Advantages of Urea Fertilizer
You can apply urea to soil as a solid, solution or, for certain crops, a foliar spray.
Usage involves little or no fire or explosion hazard.
Urea’s high analysis – 46 percent N – helps reduce handling, storage and transportation costs over other dry N forms.
Urea manufacturing releases few pollutants to the environment.
When properly applied, it results in crop yield increases equal to other forms of nitrogen.
Properties and Applications
Urea also referred to as carbamide, is a carbonic acid diamine with the formula H2NCONH2. It has important applications as a feed supplement and fertilizers. It is also used as a starting product for the production of medications and plastics. It is a transparent and crystalline material that melts at a temperature of 132.7 ° C (271 ° F) and decays before boiling. It has wide applications in the following segments:
Urea Formaldehyde (UF) and Melamine Resins
The market for urea is expected to witness a CAGR of more than 2.5% over the forecast period. One of the major factors driving the market studied is the increasing demand for fertilizers in the agriculture industry. However, health hazards regarding urea are likely to restrain the market.
Key drivers for growth in urea’s market size will be strategic alliances and acquisitions between global leaders, which will determine the future growth of the urea market through consolidation; however, growth in urea will be offset by other N-fertilizer types, like nitrate, which is more environmental friendly. For instance, in Europe, demand for urea is paling, owing to its impact on the environment (long carbon footprint life cycle), and there are alternatives to urea, which have significantly lower impact than urea-based products.
The major opportunity for the urea market is the emergence of new markets. As the industrial sector is using urea more and more, there is likely to be an increase in its demand according to the urea market outlook analysis. For example, urea is used to make urea formaldehyde resins, diesel exhaust fluids, animal feed, and melamine.
Related Project: – Urea Fertilizer- Start Business in Fertilizer Industry
Urea market size is anticipated to witness gains owing to its usage in treatment of nail problems and dry or rough skin conditions including psoriasis, eczema, callus and corns. The product is a known keratolytic which increases moisture in the skin and can be used to heal wounds and remove dead tissue while keeping water in the skin, thus stimulating product demand.
Market Research: – Market Research Report
Urea is applied to different types of crops. It is used extensively as a fertilizer as the soil loses a significant amount of nitrogen after harvest. Positive agricultural characteristics from developing economies such as India and China is driving the demand for urea in the agriculture segment. Furthermore, an optimistic outlook towards the plastic industry is aiding application of urea in adhesives, resins, plastics. Growing application from other end-user industry such as cattle feed, plywood production, cosmetics, and paints is also expected to drive the global urea market growth.
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List of Top Key Players in Urea Fertilizers:-
- CF Industries
- Yangmei Chemical
- Koch Fertilizer
- Shanxi tianze coal-chemical
- Rui Xing Group
- China XLX Fertiliser
- Shandong Lianmeng Chemical
- Dongguang Chemical
- Sichuan Lutianhua
- CVR Partners, LP
- Hubei Yihua Chemical Industry
- Luxi Chemical Group
- Coromandel International Ltd.
- Sinofert Holdings Limited.
- Bunge Limited
- OSTCHEM (Group DF)
- OCI Nitrogen
- Coromandel International Ltd
- National Fertilizers ltd
- Chambal Fertilisers & Chemicals Ltd
- National Chemical & Fertilizers Ltd
- Nagarujuna fertilizers and Chemicals Ltd