The Renewable-Diesel Market research report provides a detailed analysis of diverse segments across 6 regions and 25 countries including Material (Rendered Tallow, Fish Waste, Used Cooking Oil, Inedible Corn Oil, Others), Application (Fuel, Power Generation, Others), End-User (Automotive, Agriculture, Marine, Aerospace, Energy, Others).
Productivity, technology enablement, and sustainability remain the key market-driving forces in the global Renewable-Diesel industry landscape. Companies that invest in that supply chain and operational resiliency are poised to gain a competitive edge over other market players. The global energy investments are set to increase from around $1,652 Billion in 2024 to $2845 Billion in 2040. As the world is making steady progress towards net zero, energy security, affordability, and industrial competitiveness remain key focus areas of most Renewable-Diesel companies. The Renewable-Diesel demand trajectory varies based on multiple scenarios, from macroeconomic conditions, regulatory support, investment scenarios, and the global landscape. Decision makers across the Renewable-Diesel industry value chain formulating long-term transition strategies with a diverse range of future scenarios are likely to stay ahead of the competition curve.
The renewable-diesel market is experiencing growth due to the rising demand for sustainable and low-carbon transportation fuels. Key trends include advancements in renewable diesel production processes, such as hydrotreating and renewable feedstock sourcing. Additionally, there's a trend towards blending renewable diesel with traditional diesel fuels, increasing its availability in fuel stations, and governmental policies promoting renewable fuel usage.
Key drivers driving the renewable-diesel market include environmental regulations, the quest for reducing greenhouse gas emissions, and the diversification of fuel sources. Renewable diesel offers advantages such as lower emissions, improved engine performance, and compatibility with existing diesel infrastructure, driving its adoption by automotive and aviation industries. Additionally, government incentives and mandates supporting renewable fuel adoption contribute significantly to market growth.
Opportunities in the renewable-diesel market lie in scaling up production capacities, exploring novel feedstocks, and optimizing production processes for cost efficiency. Collaboration among renewable fuel producers, oil refineries, and government bodies can drive innovation and market penetration. Moreover, investing in R&D for new conversion technologies, establishing strategic partnerships for feedstock supply, and promoting awareness about the benefits of renewable diesel offer growth prospects.
Renewable-Diesel, also known as green diesel or hydrotreated vegetable oil (HVO), is a biofuel derived from renewable sources like plant oils, animal fats, or waste cooking oils. It is chemically similar to conventional diesel and can be used as a drop-in fuel in diesel engines, offering reduced greenhouse gas emissions.
By Material
By Application
By End-User
By Region
• AltAir Fuels LLC
• Biofuel Express AB
• Dynamic Fuels Corporation
• Gevo, Inc.
• LanzaTech, Inc.
• Marathon Petroleum Corporation
• Myecoenergy Pvt. Ltd.
• Neste Oyj
• NextChem S.p.A.
• Ramos Oil Company
• Sapphire Energy, Inc.
• Shell Oil Company
• Shipley Energy Company
• Terrabon, Inc.
*List not exhaustive
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TABLE OF CONTENTS
1 INTRODUCTION TO 2024 Renewable-Diesel MARKETS
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Analyzed
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 RESEARCH METHODOLOGY
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 EXECUTIVE SUMMARY
3.1 Global Renewable-Diesel Market Size Outlook, $ Million, 2021 to 2030
3.2 Renewable-Diesel Market Outlook by Type, $ Million, 2021 to 2030
3.3 Renewable-Diesel Market Outlook by Product, $ Million, 2021 to 2030
3.4 Renewable-Diesel Market Outlook by Application, $ Million, 2021 to 2030
3.5 Renewable-Diesel Market Outlook by Key Countries, $ Million, 2021 to 2030
4 MARKET DYNAMICS
4.1 Key Driving Forces of Renewable-Diesel Industry
4.2 Key Market Trends in Renewable-Diesel Industry
4.3 Potential Opportunities in Renewable-Diesel Industry
4.4 Key Challenges in Renewable-Diesel Industry
5 MARKET FACTOR ANALYSIS
5.1 Competitive Landscape
5.1.1 Global Renewable-Diesel Market Share by Company
5.1.2 Product Offerings by Company
5.2 Porter’s Five Forces Analysis
6 GROWTH OUTLOOK ACROSS SCENARIOS
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 GLOBAL Renewable-Diesel MARKET OUTLOOK BY SEGMENTS
7.1 Renewable-Diesel Market Outlook by Segments
Material
- Rendered Tallow
- Fish Waste
- Used Cooking Oil
- Inedible Corn Oil
- Others
Application
- Fuel
- Power Generation
- Others
End-User
- Automotive
- Agriculture
- Marine
- Aerospace
- Energy
- Others
8 NORTH AMERICA Renewable-Diesel MARKET ANALYSIS AND OUTLOOK TO 2030
8.1 Introduction to North America Renewable-Diesel Markets in 2024
8.2 North America Renewable-Diesel Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Renewable-Diesel Market size Outlook by Segments, 2021-2030
Material
- Rendered Tallow
- Fish Waste
- Used Cooking Oil
- Inedible Corn Oil
- Others
Application
- Fuel
- Power Generation
- Others
End-User
- Automotive
- Agriculture
- Marine
- Aerospace
- Energy
- Others
9 EUROPE Renewable-Diesel MARKET ANALYSIS AND OUTLOOK TO 2030
9.1 Introduction to Europe Renewable-Diesel Markets in 2024
9.2 Europe Renewable-Diesel Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Renewable-Diesel Market size Outlook by Segments, 2021-2030
Material
- Rendered Tallow
- Fish Waste
- Used Cooking Oil
- Inedible Corn Oil
- Others
Application
- Fuel
- Power Generation
- Others
End-User
- Automotive
- Agriculture
- Marine
- Aerospace
- Energy
- Others
10 ASIA PACIFIC Renewable-Diesel MARKET ANALYSIS AND OUTLOOK TO 2030
10.1 Introduction to Asia Pacific Renewable-Diesel Markets in 2024
10.2 Asia Pacific Renewable-Diesel Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Renewable-Diesel Market size Outlook by Segments, 2021-2030
Material
- Rendered Tallow
- Fish Waste
- Used Cooking Oil
- Inedible Corn Oil
- Others
Application
- Fuel
- Power Generation
- Others
End-User
- Automotive
- Agriculture
- Marine
- Aerospace
- Energy
- Others
11 SOUTH AMERICA Renewable-Diesel MARKET ANALYSIS AND OUTLOOK TO 2030
11.1 Introduction to South America Renewable-Diesel Markets in 2024
11.2 South America Renewable-Diesel Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Renewable-Diesel Market size Outlook by Segments, 2021-2030
Material
- Rendered Tallow
- Fish Waste
- Used Cooking Oil
- Inedible Corn Oil
- Others
Application
- Fuel
- Power Generation
- Others
End-User
- Automotive
- Agriculture
- Marine
- Aerospace
- Energy
- Others
12 MIDDLE EAST AND AFRICA Renewable-Diesel MARKET ANALYSIS AND OUTLOOK TO 2030
12.1 Introduction to Middle East and Africa Renewable-Diesel Markets in 2024
12.2 Middle East and Africa Renewable-Diesel Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Renewable-Diesel Market size Outlook by Segments, 2021-2030
Material
- Rendered Tallow
- Fish Waste
- Used Cooking Oil
- Inedible Corn Oil
- Others
Application
- Fuel
- Power Generation
- Others
End-User
- Automotive
- Agriculture
- Marine
- Aerospace
- Energy
- Others
13 COMPANY PROFILES
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
List of Companies
- AltAir Fuels LLC
- Biofuel Express AB
- Dynamic Fuels Corporation
- Gevo, Inc.
- LanzaTech, Inc.
- Marathon Petroleum Corporation
- Myecoenergy Pvt. Ltd.
- Neste Oyj
- NextChem S.p.A.
- Ramos Oil Company
- Sapphire Energy, Inc.
- Shell Oil Company
- Shipley Energy Company
- Terrabon, Inc.
14 APPENDIX
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
Renewable-Diesel, also known as green diesel or hydrotreated vegetable oil (HVO), is a biofuel derived from renewable sources like plant oils, animal fats, or waste cooking oils. It is chemically similar to conventional diesel and can be used as a drop-in fuel in diesel engines, offering reduced greenhouse gas emissions.
By Material
By Application
By End-User
By Region
The global Renewable Diesel Market is one of the lucrative growth markets, poised to register a 12.6% growth (CAGR) between 2024 and 2030.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
AltAir Fuels LLC , Biofuel Express AB , Dynamic Fuels Corporation , Gevo, Inc. , LanzaTech, Inc. , Marathon Petroleum Corporation , Myecoenergy Pvt. Ltd. , Neste Oyj , NextChem S.p.A. , Ramos Oil Company , Sapphire Energy, Inc. , Shell Oil Company , Shipley Energy Company , Terrabon, Inc.,
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2030; Currency: USD; Volume