Nano Urea Market Growth Forecast 2028 By Size, Share, Trends
Surge in research and development activities is expected to drive the Global Nano Urea Market growth in the forecast period, 2024-2028. According to TechSci Research report, “ Nano urea Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Nano Urea Market stood at USD128.51 million in 2022 and is anticipated to grow with a CAGR of 24.83% in the forecast period, 2023-2028. The initiatives taken by government based on nano urea has led to favorable market conditions for the Global Nano Urea Market. Several factors contribute to the growth of various nano urea products. One of the key initiatives undertaken by the government is its ambitious goal to replace 25% of urea imports with locally produced nano urea by 2025. This strategic move is not only expected to save up to ₹15-20,000 crore annually but also underscores the government's unwavering commitment to fostering domestic production and reducing reliance on import...