The global demand for Urea Strippers Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Kilo Tons in 2021 and forecast to touch XX Kilo Tons by 2028 with a CAGR of XX% during 2022-2028.
Urea strippers are considered as a backbone of the urea plant's performance, and efficiency as its performance determines the production and profitability of urea fertilizer. A urea stripper is made of stainless steel alloy. It consists of a vertical tube system where the reaction takes place inside the tubes while the steam is introduced on the outside. Urea strippers are used to completing the reaction of carbon dioxide and ammonia to obtain the end product urea. The function of a urea stripper is to decompose carbamate into ammonia and carbon dioxide from the urea solution leaving the reactor. High usage of urea as a fertilizer and a raw material for the plastic industry is driving the market of urea strippers.
Market Dynamics
The extensive use of urea as a fertilizer and rising non-fertilizer applications such as urea-formaldehyde resins and melamine-formaldehyde resins are the primary market drivers for the market growth of urea strippers. Continuous production augmentation by the key manufacturers should boost the market growth. Furthermore, the use of urea strippers will increase to enhance the crop yield and fulfill the growing demand of the continuously growing world population. An increase in demand for food products is assumed to propel the market growth of urea strippers. However, strict regulations on using urea may hamper the market growth as the higher concentration of ammonia in soil retards the natural fertility by making it more acidic. On the contrary, the increasing demand for urea strippers for end-use applications like laboratory uses, medical uses, automobile systems, and agriculture will spur the growth of this market.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of urea strippers. The growth and trends of Urea Strippers Industry provide a holistic approach to this study.
Market Segmentation
This section of the urea strippers market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Material of Construction
- Duplex Steel
- Stainless Steel
- Zirconium
- Titanium
- 25 Cr-22Ni-2Mo
- 316 L- UG
By Capacity
- Upto 1,000 MTPD
- 1,000-1,500 MTPD
- 1,500-3,500 MTPD
- Above 3,500 MTPD
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Urea Strippers market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Urea Strippers Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the urea strippers market include Larson & Toubro, Saipem S.p.A., Stamicarbon, Urea Casale, TOYO India, Alfa Laval, NIIK, Thyssenkrupp, Flowtronix, Isgec Heavy Engineering Ltd, Kay Iron Works. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.