The North American urea fertilizers market is estimated to grow at a CAGR of 2.8% during the forecast period of 2014 to 2019. The demand for urea fertilizers has continued to remain robust across all regions. This is because the constantly rising grain prices in recent years have encouraged farmers to maximize yield. Additionally, farmers can afford fertilizers due to the increase in their incomes.

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Urea is the easiest and an abundant source of the nitrogen nutrient. Urea fertilizers are applied to grains, oilseeds, fruits, and vegetables, among others. Each has its own capacity to synthesize naturally. The cost of producing urea fertilizers depends upon the cost of its raw materials, which are natural gas and ammonia.

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The North American urea fertilizers market is dominated by the U.S., followed by Canada. The U.S. is the biggest consumer of meat and meat products. Thus, there is a high demand for grains in the meat industry, for the production of animal feed. The increased demand can only be met by increasing agricultural productivity, which can be achieved with the use of fertilizers for grain production.



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The North American urea fertilizers market is a competitive market, with firms such as Agrium Inc. (Canada), Yara International ASA (Norway), PotashCorp (Canada), and CVR Partners LP (U.S.) among others, expanding their market share in the North American region. To gain a higher market share, these companies are adapting numerous market strategies including innovative product developments, partnerships, mergers & acquisitions, and expansion of existing facilities. Apart from these companies, there are a large number of small firms present in the North American market.

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