About Urea Market
Urea is also known as carbamide. It is a crystalline solid containing nitrogen, carbon, and oxygen. Also, it is a colorless and odorless compound soluble in water. It is found in its natural form in urine, blood, milk, and sweat of mammals. Moreover, urea can also be synthetically manufactured by processing ammonium carbamate, a compound containing carbon dioxide and ammonia. It is considered as a relatively stable product that can be stored and transported. Hence, its transportation is considered to be cost-effective when compared with its common alternative, ammonium nitrate. Also, urea is primarily used in fertilizers, owing to the presence of high nitrogen content (46%).
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Urea Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The report, Global Urea Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
Category constraints
Procurement best practices
Key questions answered in this report
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Urea is also known as carbamide. It is a crystalline solid containing nitrogen, carbon, and oxygen. Also, it is a colorless and odorless compound soluble in water. It is found in its natural form in urine, blood, milk, and sweat of mammals. Moreover, urea can also be synthetically manufactured by processing ammonium carbamate, a compound containing carbon dioxide and ammonia. It is considered as a relatively stable product that can be stored and transported. Hence, its transportation is considered to be cost-effective when compared with its common alternative, ammonium nitrate. Also, urea is primarily used in fertilizers, owing to the presence of high nitrogen content (46%).
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Urea Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The report, Global Urea Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
- Growing population and economic developments
- For a full, detailed list, view our report
Category constraints
- Lack of adherence to regulatory norms
- For a full, detailed list, view our report
Procurement best practices
- Use hedging as a tool to manage price volatility
- For a full, detailed list, view our report
Key questions answered in this report
- What are the market dynamics?
- What are the key market trends?
- What are the category growth drivers?
- What are the constraints to category growth?
- Who are the suppliers in this market?
- What are the demand-supply shifts?
- What are the major category requirements?
- What are the procurement best practices in this market?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 1: CATEGORY AT A GLANCE- TAKEAWAY 01 - Market Overview
- TAKEAWAY 02 - Demand and Supply Snapshot
- TAKEAWAY 03 - Key Market Dynamics
- TAKEAWAY 04 - Supply Market Highlights
- TAKEAWAY 05 - Pricing Insights
- TAKEAWAY 06 - Procurement Insights
PART 2: SCOPE OF THE REPORT
- Category Definition
- Research Methodology
PART 3: MARKET INSIGHTS
- Category Spend Analysis
- Category Maturity by Regions
- Demand-Supply Shifts
- Regional Demand-Supply Snapshot
- Global Urea Production Hubs
- Market Developments
- Regional Impact of Trends
- Key Category Growth Drivers and Corresponding Regional Impacts
- Major Category Growth Constraints and Corresponding Regional Impacts
- Key Current Technological Innovations
- Major Regulatory Frameworks
- Strategic Sustainability Practices
- Porter’s Five Forces
- PESTLE Analysis
PART 4: SUPPLY MARKET INSIGHTS
- Supplier Operational Capability Matrix
- Other Prominent Suppliers by Region: Operational Capability Matrix
- Supplier Functional Capability Matrix
- Other Prominent Suppliers by Region: Functional Capability Matrix
- Key Clients and Partners
- Supplier Cost Breakup
- Supplier Positioning Matrix
PART 5: PRICING INSIGHTS
- Pricing Models Snapshot
- Pricing Models - Pros and Cons
- Indicative Pricing
PART 6: PROCUREMENT INSIGHTS
- Major Category Requirements
- Major Procurement Pain Points
- Category Sourcing Evolution Matrix
- Procurement Best Practices
- Cost-saving Opportunities
- Supplier Selection Criteria
- Category Negotiation Strategies
- SLA Terms
- Supplier Evaluation Criteria
- Category Risk Analysis
PART 7: TOP FIVE SUPPLIERS
- Yara
- Nutrien
- SABIC
- CF Industries
- BASF
PART 8: APPENDIX
- Glossary
- Key Notes
- About
Executive Summary
New Report Released: Global Urea Category - Procurement Market Intelligence Report 2018-2022.The author of the report recognizes the following companies as the key suppliers in the Global Urea Category - Procurement Market Intelligence Report: Yara, Nutrien, SABIC, CF Industries, and BASF.
Commenting on the report, an analyst from the research team said: “One of the procurement best practices for buyers is to partner with suppliers that have implemented energy-efficient production processes.”
According to the report, one of the key growth contributors for the global urea market is the growing demand for urea from diesel exhaust fluids in the process of selective catalytic reduction.
Further, the report states that a major procurement challenge experienced by the buyers is the uncertainty in raw material prices, leading to volatile pricing.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains actionable insights to improve source-to-contract cycle performance in addition to a PESTLE analysis.
Companies Mentioned
- Yara
- Nutrien
- SABIC
- CF Industries
- BASF
Methodology
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