The global urea strippers market is predicted to reach USD 8.19 billion in 2024 and is expected to reach USD 9.23 billion by 2029, rising at a CAGR of 2.42% during the forecast period.
Urea extractors are used to break down carbamate into ammonia and carbon dioxide from the urea solution leaving the reactor. They operate at full system pressure to ensure maximum gas-liquid contact. In addition, the intensive use of fertilizers and the increasing applications as non-fertilizers such as urea-formaldehyde resins, melamine-formaldehyde resins and animal feed have led to the adoption of more urea strippers in the world during the forecast period.
The use of urea in non-fertilizer applications, such as urea-formaldehyde resins, melamine-formaldehyde resins, and livestock feed is expected to enable the growth of the global urea strippers market. According to the IMF, the growth of the market should be driven by the demand registered locally, since it is consumed mainly in the countries where it is produced. Increased production from major manufacturers is expected to show growth of the urea stripper’s market.
With the continued increase in the world population, the demand for food will continue to increase. This will have a positive impact on the market for urea strippers, as they are used in many manufacturing industries. For example, according to the study conducted by the Food and Agriculture Organization of the United Nations (FAO) in 2009, farmers will produce around 70% more food by 2050 to meet the dietary needs of 9.9 billion of expected populations. This will lead to an increasing use of urea strippers for higher throughput and production. However, the release of harmful pollutants from its manufacturing process that cause loss of soil fertility has led to strict regulations against urea in agriculture, which may hamper market growth during the forecast period. Furthermore, market desirability is likely to increase with the increasing demand for agricultural products and the efficient use of available resources, adoption and demand for urea strippers. The increasing demand for food products will directly drive the growth rate of the urea strippers market.
Urea releases harmful pollutants during its manufacturing process. In addition, the higher concentration of ammonia in the soil makes it more acidic and therefore retards the natural fertility of the soil. This has led to the formation of strict regulations against urea in agriculture, which directly affects the market for urea strippers. In addition, recent incidents of leaks in urea strippers pose challenges and hamper market growth.
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REPORT METRIC |
DETAILS |
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Market Size Available |
2023 to 2029 |
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Base Year |
2023 |
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Forecast Period |
2024 to 2029 |
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CAGR |
2.42% |
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Segments Covered |
By Material of Construction, Capacity, and Region. |
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Various Analyses Covered |
Global, Regional, & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
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Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
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Market Leaders Profiled |
Larson & Toubro, Saipem S.p.A., Stamicarbon, Urea Casale, TOYO India, ALFA LAVAL, NIIK, Thyssenkrupp, FLOWTRONIX, Isgec Heavy Engineering Ltd, Kay Iron Works (Jorian) Private Limited, FEECO International, Inc, Sandvik AB, MANGIAROTTI spa, Paramount Limited and Others. |
Based on the building materials segment, the duplex steel segment is expected to increase market value. The growth of this segment during the forecast period is due to its greater importance in the economic price compared to its counterparts.
The up to 1000 MTPD segment is expected to grow at a notable CAGR between 2020 and 2030. By capacity, currently 1500-3500 MTPD and 1000-1500 MTPD are the preferred options for most basic fertilizer projects. MTPD is equivalent to the capacity of an ammonia plant from 1,500 to 1,800 MT / D. When analyzing the recent trend and the utility of ammonia units above 2,000 MT / D in the coming years, the segment is expected to above 3,500 MTPD becomes the first choice during the evaluation period.
North America has a critical portion of the worldwide urea strippers market. As per the 2017 Census of Agriculture, the absolute region remembered for agrarian land in the United States tumbled to 900,217,576 sections of land in 2017, from 914,527,657 sections of land in 2012. These conditions should support the appropriation of twofold editing, where composts are utilized to keep up with ripeness soil and pesticides to build crop yields which, thusly, increment the interest for urea. These components are relied upon to drive the urea stripper market.
Europe occupies a lucrative position in the global urea strippers market in terms of market value. The region's growth is driven by the growing demand for urea strippers in the region. The main players operating in the European fertilizer market plan to increase their manufacturing capacity, especially urea, which is expected to increase the sales of strippers in the market.
While Asia-Pacific is additionally expected to show the most noteworthy development rate/CAGR during the conjecture time frame. Factors like populace development, expanded interest for food, expanded utilization of urea in end-use ventures, the nearby market, and its application in different areas would make worthwhile development possibilities for the urea strippers market in the Asia-Pacific district.
Major Key Players in the Global Urea Strippers Market are
Following the remodeling of the Urea plant in Puławy in 2010, monitoring the supply of various equipment and interventions to improve the plant, with the aim of increasing its performance and supporting the policy of reducing CO2 emissions contracted by the Polish group, a new HP stripper made with Uremium 29 components has just been delivered.
Stamicarbon, the innovation and licensing company of the Maire Tecnimont Group, signed a contract with Abu Qir Fertilizers Co., in Alexandria, Egypt, for the renovation of one of its urea smelting plants (known as Abu Qir 3). Stamicarbon will issue the license and the Process Design Package for the renovated plant, which is expected to be operational in 2025.
Stamicarbon announced that the first high-pressure equipment for the El Nasr Co for Intermediate Chemicals (NCIC) urea smelter in Egypt was completed on time.
Major Heavy Engineering Larsen and Toubro (L&T) said today that some projects in refineries, petrochemicals and fertilizers are showing signs of slowing down and may be delayed for financing reasons.
By Material of Construction
By Capacity
By Region
Frequently Asked Questions
The growth of the global urea strippers market is driven by several factors, including the increasing demand for urea as a fertilizer, technological advancements in urea production, the need for higher efficiency in urea plants, and stringent environmental regulations promoting cleaner production processes. Additionally, the rising global population and the corresponding need for enhanced agricultural productivity contribute to market expansion.
Key technological advancements in urea strippers include the development of more efficient stripping columns, the use of advanced materials to enhance durability and resistance to corrosion, improved heat integration systems, and innovations in process control and automation. These advancements contribute to increased efficiency, reduced energy consumption, and lower operational costs in urea production plants.
The global urea strippers market faces several challenges, including fluctuating raw material prices, high initial investment costs, and the need for continuous technological innovation. Additionally, compliance with stringent environmental regulations can pose operational challenges and require significant investment in upgrading existing facilities. Market volatility and geopolitical factors can also impact the global supply chain and market stability.
The adoption of digital technologies significantly influences the urea strippers market by enabling better process control, real-time monitoring, and predictive maintenance. Digitalization helps optimize the performance of urea strippers, leading to enhanced efficiency, reduced downtime, and lower operational costs. Advanced data analytics and IoT (Internet of Things) integration provide valuable insights into the production process, facilitating proactive decision-making and improved plant performance.
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