Global Urea Ammonium Nitrate (UAN) Market Size is projected to Reach USD 8.48 Billion by 2035 | CAGR of 4.6%
Category: Chemicals & MaterialsGlobal Urea Ammonium Nitrate (UAN) Market Size is projected to Reach USD 8.48 Billion by 2035
According to a Research Report Published by Spherical Insights & Consulting, The Global Urea Ammonium Nitrate (UAN) Market Size is estimated to Grow from USD 5.17 Billion in 2024 to USD 8.48 Billion by 2035, at a CAGR of 4.6% during the forecast period 2025-2035.
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Browse 210 Market Data Tables And 45 Figures Spread Through 190 Pages and In-Depth TOC On the "Global Urea Ammonium Nitrate (UAN) Market Size, Share, and COVID-19 Impact Analysis, By Type (UAN 28, UAN 30, and UAN 32), By Application (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/urea-ammonium-nitrate-uan-market
Urea ammonium nitrate (UAN) is a high-efficiency liquid fertilizer containing urea, ammonium nitrate, and water, delivering 28%-32% nitrogen. It allows farmers to apply fertilizer evenly, blend with pesticides, and provide fast nutrient uptake for cereals, oilseeds, and vegetables. Market growth is driven by rising global food demand, precision agriculture adoption, and the need for efficient, sustainable fertilizers. Companies can capitalize on opportunities by developing slow-release products, expanding in emerging markets, and leveraging digital solutions for precise application. UAN is preferred for its multiple application methods, improved nutrient absorption, and lower environmental impact, reducing nitrogen volatility and leaching compared to standard urea. The UAN market is constrained by environmental regulations on nitrogen runoff and fluctuating natural gas prices.
The UAN 32 segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on the type, the urea ammonium nitrate (UAN) market is divided into UAN 28, UAN 30, and UAN 32. Among these, the UAN 32 segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The UAN 32 segment dominated market growth due to its high nitrogen content, wide adoption in large-scale cereal and cash crop farming, and compatibility with precision agriculture and efficient nutrient management.
The cereals & grains segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the application, the urea ammonium nitrate (UAN) market is divided into cereals & grains, oilseeds & pulses, fruits & vegetables, and others. Among these, the cereals & grains segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period. The cereals & grains segment led market growth due to high nitrogen requirements of staple crops like wheat, maize, and rice, driving extensive UAN usage for improved yields and efficient nutrient management.
North America is expected to hold the majority share of the global urea ammonium nitrate (UAN) market during the forecast period.
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North America is expected to hold the majority share of the global urea ammonium nitrate (UAN) market during the forecast period. North America is expected to grow due to extensive cereal and soybean cultivation, advanced farming technologies, mechanized agriculture, and widespread use of liquid fertilizers, supporting efficient nitrogen management and driving steady market growth.
Asia Pacific is anticipated to grow at the fastest pace in the global urea ammonium nitrate (UAN) market during the forecast period. Asia Pacific is growing due to rising food demand, expanding cereal cultivation, government initiatives promoting balanced fertilizer use, adoption of modern farming techniques, and increasing investment in precision agriculture and liquid fertilizer applications.
Major vendors in the global urea ammonium nitrate (UAN) market are CF Industries Holdings, Inc., EuroChem Group AG, Nutrien Ltd., Koch Fertilizer, LLC, Acron Group, Yara International ASA, SABIC, OCI N.V., Uralchem JSC, LSB Industries, Qatar Fertiliser Company, Indian Farmers Fertiliser Cooperative Limited, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In November 2025, OCI Global announced the sale of 100% of OCI Ammonia Holding B.V. to European nitrogen producer AGROFERT for EUR 290 million, OCI AH includes the Rotterdam based OCI Terminal Europoort and OCI Ammonia Distribution platform, supplying ammonia to third-party European customers, the company stated.
- In May 2024, Saudi producer Sabic sold 30,000-35,000 t of granular urea to the Asia-Pacific market at $330/t, up $15/t. The price surge follows Egyptian plant shutdowns, impacting markets east of Suez, including Australia and Southeast Asia, during peak consumption, potentially complicating supply amid strong domestic demand.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the urea ammonium nitrate (UAN) market based on the below-mentioned segments:
Global Urea Ammonium Nitrate (UAN) Market, By Type
- UAN 28
- UAN 30
- UAN 32
Global Urea Ammonium Nitrate (UAN) Market, By Application
- Cereals & Grains
- Oilseeds & Pulses
- Fruits & Vegetables
- Others
Global Urea Ammonium Nitrate (UAN) Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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