Published Year: 2023
Sustainable Aviation Fuel Market - A Global and Regional Analysis: Focus on Application, Engine Type
The global sustainable aviation fuel market is estimated to reach $131.12 billion in 2033 from...
Market Research Report
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Table of Contents
1.1 Industry Outlook
1.1.1 Trends: Current and Future
1.1.1.1 Hydrotreated Vegetable Oil as Second-Generation Biofuel
1.1.1.2 Hydrotreated Vegetable Oil as a Sustainable Replacement for Fossil Fuels
1.1.2 Supply Chain Analysis
1.1.2.1 Key Startups in the Ecosystem
1.1.3 Ecosystem/Ongoing Programs
1.1.3.1 Consortiums and Associations
1.1.3.2 Regulatory Bodies
1.1.3.3 Government Programs
1.1.3.4 Programs by Research Institutions and Universities
1.1.4 Key Patent Analysis
1.1.4.1 Key Patent Analysis (by Status)
1.1.4.2 Key Patent Analysis (by Organization)
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Government Regulations toward Low Carbon Emissions
1.2.1.2 Applicability in Existing Energy Infrastructure
1.2.1.3 Increasing Investment in Hydrotreated Vegetable Oil Production
1.2.2 Business Restraints
1.2.2.1 Lower Density and Energy Content than Fossil Fuels
1.2.2.2 Continuous Supply of Renewable Feedstock
1.2.3 Business Strategies
1.2.3.1 Market Developments
1.2.4 Corporate Strategies
1.2.4.1 Mergers, Acquisitions, Partnerships, and Joint Ventures
1.2.5 Business Opportunities
1.2.5.1 Growing Applications of Hydrotreated Vegetable Oil
1.2.5.2 Advancements in Hydrotreated Vegetable Oil Technologies
1.3 Comparison between Hydrotreated Vegetable Oil and other Sustainable Fuels
1.4 Future Raw Materials for Hydrotreated Vegetable Oil
1.5 Production Capacity Analysis
1.6 Supply and Demand Analysis for Hydrotreated Vegetable Oil
2.1 Global Hydrotreated Vegetable Oil Market – Applications and Specifications
2.1.1 Global Hydrotreated Vegetable Oil Market (by Application)
2.1.1.1 Renewable Diesel
2.1.1.2 Sustainable Aviation Fuel (SAF)
2.1.2 Global Hydrotreated Vegetable Oil Market (by End Users)
2.1.2.1 Transportation
2.1.2.1.1 Automotive
2.1.2.1.1.1 Passenger Cars
2.1.2.1.1.2 Heavy Trucks and Heavy Buses
2.1.2.1.2 Maritime
2.1.2.1.3 Aviation
2.1.2.2 Agricultural Machinery
2.1.2.3 Industrial
2.1.2.3.1 Mining
2.1.2.3.2 Construction
2.1.2.3.3 Others (Manufacturing and Oil and Gas)
2.1.2.4 Others (Residential Buildings, Commercial Buildings, and Data Centers)
2.2 Hydrotreated Vegetable Oil Market (by Application) – Demand Analysis
2.2.1 Hydrotreated Vegetable Oil Market (by Application), Volume and Value Data
2.2.2 Hydrotreated Vegetable Oil Market (by End Users), Volume and Value Data
3.1 Global Hydrotreated Vegetable Oil Market - Feedstock Type and Specifications
3.1.1 Global Hydrotreated Vegetable Oil Market (by Feedstock Type)
3.1.1.1 Edible Vegetable Oils
3.1.1.2 Crude Palm Oil
3.1.1.3 Used Cooking Oil
3.1.1.4 Tall Oil
3.1.1.5 Animal Fats
3.1.1.6 Others
3.1.1.6.1 Non-Edible Vegetable Oil
3.1.1.6.2 Sludge Palm Oil Mill Effluent
3.1.1.6.3 Refining Byproducts
3.1.2 Global Hydrotreated Vegetable Oil Market (by Technology Type)
3.1.2.1 Standalone Hydrotreating Technology
3.1.2.2 Co-Processing Technology
3.2 Hydrotreated Vegetable Oil Market (by Product) – Demand Analysis
3.2.1 Hydrotreated Vegetable Oil Market (by Feedstock Type), Volume and Value Data
3.2.2 Hydrotreated Vegetable Oil Market (by Technology Type), Volume and Value Data
3.3 Product Benchmarking: Growth Rate – Market Share Matrix (by Application), 2022
3.4 Global Pricing Analysis
4.1 North America
4.1.1 Market
4.1.1.1 Key Manufacturers/Suppliers in North America
4.1.1.2 Business Challenges
4.1.1.3 Business Drivers
4.1.2 Application
4.1.2.1 North America Hydrotreated Vegetable Oil Market (by Application), Volume and Value Data
4.1.2.2 North America Hydrotreated Vegetable Oil Market (by End Users), Volume and Value Data
4.1.3 Product
4.1.3.1 North America Hydrotreated Vegetable Oil Market (by Feedstock Type), Volume and Value Data
4.1.3.2 North America Hydrotreated Vegetable Oil Market (by Technology Type), Volume and Value Data
4.1.4 North America: Country-Level Analysis
4.1.4.1 U.S.
4.1.4.1.1 Market
4.1.4.1.1.1 Buyer Attributes
4.1.4.1.1.2 Key Manufacturers/Suppliers in the U.S.
4.1.4.1.1.3 Business Challenges
4.1.4.1.1.4 Business Drivers
4.1.4.1.2 Application
4.1.4.1.2.1 U.S. Hydrotreated Vegetable Oil Market (by Application), Volume and Value Data
4.1.4.1.2.2 U.S. Hydrotreated Vegetable Oil Market (by End Users), Volume and Value Data
4.1.4.1.3 Product
4.1.4.1.3.1 U.S. Hydrotreated Vegetable Oil Market (by Feedstock Type), Volume and Value Data
4.1.4.1.3.2 U.S. Hydrotreated Vegetable Oil Market (by Technology Type), Volume and Value Data
4.1.4.2 Canada
4.1.4.2.1 Market
4.1.4.2.1.1 Buyer Attributes
4.1.4.2.1.2 Key Manufacturers/Suppliers in Canada
4.1.4.2.1.3 Business Challenges
4.1.4.2.1.4 Business Drivers
4.1.4.2.2 Application
4.1.4.2.2.1 Canada Hydrotreated Vegetable Oil Market (by Application), Volume and Value Data
4.1.4.2.2.2 Canada Hydrotreated Vegetable Oil Market (by End Users), Volume and Value Data
4.1.4.2.3 Product
4.1.4.2.3.1 Canada Hydrotreated Vegetable Oil Market (by Feedstock Type), Volume and Value Data
4.1.4.2.3.2 Canada Hydrotreated Vegetable Oil Market (by Technology Type), Volume and Value Data
4.1.4.3 Mexico
4.1.4.3.1 Market
4.1.4.3.1.1 Buyer Attributes
4.1.4.3.1.2 Key Manufacturers/Suppliers in Mexico
4.1.4.3.1.3 Business Challenges
4.1.4.3.1.4 Business Drivers
4.1.4.3.2 Application
4.1.4.3.2.1 Mexico Hydrotreated Vegetable Oil Market (by Application), Volume and Value Data
4.1.4.3.2.2 Mexico Hydrotreated Vegetable Oil Market (by End Users), Volume and Value Data
4.1.4.3.3 Product
4.1.4.3.3.1 Mexico Hydrotreated Vegetable Oil Market (by Feedstock Type), Volume and Value Data
4.1.4.3.3.2 Mexico Hydrotreated Vegetable Oil Market (by Technology Type), Volume and Value Data
4.2 Europe
4.2.1 Market
4.2.1.1 Key Manufacturers/Suppliers in Europe
4.2.1.2 Business Challenges
4.2.1.3 Business Drivers
4.2.2 Application
4.2.2.1 Europe Hydrotreated Vegetable Oil Market (by Application), Volume and Value Data
4.2.2.2 Europe Hydrotreated Vegetable Oil Market (by End Users), Volume and Value Data
4.2.3 Product
4.2.3.1 Europe Hydrotreated Vegetable Oil Market (by Feedstock Type), Volume and Value Data
4.2.3.2 Europe Hydrotreated Vegetable Oil Market (by Technology Type), Volume and Value Data
4.2.4 Europe: Country-Level Analysis
4.2.4.1 The Netherlands
4.2.4.1.1 Market
4.2.4.1.1.1 Buyer Attributes
4.2.4.1.1.2 Key Manufacturers/Suppliers in the Netherlands
4.2.4.1.1.3 Business Challenges
4.2.4.1.1.4 Business Drivers
4.2.4.1.2 Application
4.2.4.1.2.1 The Netherlands Hydrotreated Vegetable Oil Market (by Application), Volume and Value Data
4.2.4.1.2.2 The Netherlands Hydrotreated Vegetable Oil Market (by End Users), Volume and Value Data
4.2.4.1.3 Product
4.2.4.1.3.1 The Netherlands Hydrotreated Vegetable Oil Market (by Feedstock Type), Volume and Value Data
4.2.4.1.3.2 The Netherlands Hydrotreated Vegetable Oil Market (by Technology Type), Volume and Value Data
4.2.4.2 France
4.2.4.2.1 Market
4.2.4.2.1.1 Buyer Attributes
4.2.4.2.1.2 Key Manufacturers/Suppliers in France
4.2.4.2.1.3 Business Challenges
4.2.4.2.1.4 Business Drivers
4.2.4.2.2 Application
4.2.4.2.2.1 France Hydrotreated Vegetable Oil Market (by Application), Volume and Value Data
4.2.4.2.2.2 France Hydrotreated Vegetable Oil Market (by End Users), Volume and Value Data
4.2.4.2.3 Product
4.2.4.2.3.1 France Hydrotreated Vegetable Oil Market (by Feedstock Type), Volume and Value Data
4.2.4.2.3.2 France Hydrotreated Vegetable Oil Market (by Technology Type), Volume and Value Data
4.2.4.3 Italy
4.2.4.3.1 Market
4.2.4.3.1.1 Buyer Attributes
4.2.4.3.1.2 Key Manufacturers/Suppliers in Italy
4.2.4.3.1.3 Business Challenges
4.2.4.3.1.4 Business Drivers
4.2.4.3.2 Application
4.2.4.3.2.1 Italy Hydrotreated Vegetable Oil Market (by Application), Volume and Value Data
4.2.4.3.2.2 Italy Hydrotreated Vegetable Oil Market (by End Users), Volume and Value Data
4.2.4.3.3 Product
4.2.4.3.3.1 Italy Hydrotreated Vegetable Oil Market (by Feedstock Type), Volume and Value Data
4.2.4.3.3.2 Italy Hydrotreated Vegetable Oil Market (by Technology Type), Volume and Value Data
4.2.4.4 Spain
4.2.4.4.1 Market
4.2.4.4.1.1 Buyer Attributes
4.2.4.4.1.2 Key Manufacturers/Suppliers in Spain
4.2.4.4.1.3 Business Challenges
4.2.4.4.1.4 Business Drivers
4.2.4.4.2 Application
4.2.4.4.2.1 Spain Hydrotreated Vegetable Oil Market (by Application), Volume and Value Data
4.2.4.4.2.2 Spain Hydrotreated Vegetable Oil Market (by End Users), Volume and Value Data
4.2.4.4.3 Product
4.2.4.4.3.1 Spain Hydrotreated Vegetable Oil Market (by Feedstock Type), Volume and Value Data
4.2.4.4.3.2 Spain Hydrotreated Vegetable Oil Market (by Technology Type), Volume and Value Data
4.2.4.5 Rest-of-Europe
4.2.4.5.1 Market
4.2.4.5.1.1 Buyer Attributes
4.2.4.5.1.2 Key Manufacturers/Suppliers in Rest-of-Europe
4.2.4.5.1.3 Business Challenges
4.2.4.5.1.4 Business Drivers
4.2.4.5.2 Application
4.2.4.5.2.1 Rest-of-Europe Hydrotreated Vegetable Oil Market (by Application), Volume and Value Data
4.2.4.5.2.2 Rest-of-Europe Hydrotreated Vegetable Oil Market (by End Users), Volume and Value Data
4.2.4.5.3 Product
4.2.4.5.3.1 Rest-of-Europe Hydrotreated Vegetable Oil Market (by Feedstock Type), Volume and Value Data
4.2.4.5.3.2 Rest-of-Europe Hydrotreated Vegetable Oil Market (by Technology Type), Volume and Value Data
4.3 U.K.
4.3.1 Market
4.3.1.1 Buyer Attributes
4.3.1.2 Key Manufacturers/Suppliers in the U.K.
4.3.1.3 Business Challenges
4.3.1.4 Business Drivers
4.3.2 Application
4.3.2.1 U.K. Hydrotreated Vegetable Oil Market (by Application), Volume and Value Data
4.3.2.2 U.K. Hydrotreated Vegetable Oil Market (by End Users), Volume and Value Data
4.3.3 Product
4.3.3.1 U.K. Hydrotreated Vegetable Oil Market (by Feedstock Type), Volume and Value Data
4.3.3.2 U.K. Hydrotreated Vegetable Oil Market (by Technology Type), Volume and Value Data
4.4 China
4.4.1 Market
4.4.1.1 Buyer Attributes
4.4.1.2 Key Manufacturers/Suppliers in China
4.4.1.3 Business Challenges
4.4.1.4 Business Drivers
4.4.2 Application
4.4.2.1 China Hydrotreated Vegetable Oil Market (by Application), Volume and Value Data
4.4.2.2 China Hydrotreated Vegetable Oil Market (by End Users), Volume and Value Data
4.4.3 Product
4.4.3.1 China Hydrotreated Vegetable Oil Market (by Feedstock Type), Volume and Value Data
4.4.3.2 China Hydrotreated Vegetable Oil Market (by Technology Type), Volume and Value Data
4.5 Asia-Pacific and Japan
4.5.1 Market
4.5.1.1 Key Manufacturers/Suppliers in Asia-Pacific and Japan
4.5.1.2 Business Challenges
4.5.1.3 Business Drivers
4.5.2 Application
4.5.2.1 Asia-Pacific and Japan Hydrotreated Vegetable Oil Market (by Application), Volume and Value Data
4.5.2.2 Asia-Pacific and Japan Hydrotreated Vegetable Oil Market (by End Users), Volume and Value Data
4.5.3 Product
4.5.3.1 Asia-Pacific and Japan Hydrotreated Vegetable Oil Market (by Feedstock Type), Volume and Value Data
4.5.3.2 Asia-Pacific and Japan Hydrotreated Vegetable Oil Market (by Technology Type), Volume and Value Data
4.5.4 Asia-Pacific and Japan: Country-Level Analysis
4.5.4.1 Japan
4.5.4.1.1 Market
4.5.4.1.1.1 Buyer Attributes
4.5.4.1.1.2 Key Manufacturers/Suppliers in Japan
4.5.4.1.1.3 Business Challenges
4.5.4.1.1.4 Business Drivers
4.5.4.1.2 Application
4.5.4.1.2.1 Japan Hydrotreated Vegetable Oil Market (by Application), Volume and Value Data
4.5.4.1.2.2 Japan Hydrotreated Vegetable Oil Market (by End Users), Volume and Value Data
4.5.4.1.3 Product
4.5.4.1.3.1 Japan Hydrotreated Vegetable Oil Market (by Feedstock Type), Volume and Value Data
4.5.4.1.3.2 Japan Hydrotreated Vegetable Oil Market (by Technology Type), Volume and Value Data
4.5.4.2 Indonesia
4.5.4.2.1 Market
4.5.4.2.1.1 Buyer Attributes
4.5.4.2.1.2 Key Manufacturers/Suppliers in Indonesia
4.5.4.2.1.3 Business Challenges
4.5.4.2.1.4 Business Drivers
4.5.4.2.2 Application
4.5.4.2.2.1 Indonesia Hydrotreated Vegetable Oil Market (by Application), Volume and Value Data
4.5.4.2.2.2 Indonesia Hydrotreated Vegetable Oil Market (by End Users), Volume and Value Data
4.5.4.2.3 Product
4.5.4.2.3.1 Indonesia Hydrotreated Vegetable Oil Market (by Feedstock Type), Volume and Value Data
4.5.4.2.3.2 Indonesia Hydrotreated Vegetable Oil Market (by Technology Type), Volume and Value Data
4.5.4.3 Malaysia
4.5.4.3.1 Market
4.5.4.3.1.1 Buyer Attributes
4.5.4.3.1.2 Key Manufacturers/Suppliers in Malaysia
4.5.4.3.1.3 Business Challenges
4.5.4.3.1.4 Business Drivers
4.5.4.3.2 Application
4.5.4.3.2.1 Malaysia Hydrotreated Vegetable Oil Market (by Application), Volume and Value Data
4.5.4.3.2.2 Malaysia Hydrotreated Vegetable Oil Market (by End Users), Volume and Value Data
4.5.4.3.3 Product
4.5.4.3.3.1 Malaysia Hydrotreated Vegetable Oil Market (by Feedstock Type), Volume and Value Data
4.5.4.3.3.2 Malaysia Hydrotreated Vegetable Oil Market (by Technology Type), Volume and Value Data
4.5.4.4 Singapore
4.5.4.4.1 Market
4.5.4.4.1.1 Buyer Attributes
4.5.4.4.1.2 Key Manufacturers/Suppliers in Singapore
4.5.4.4.1.3 Business Challenges
4.5.4.4.1.4 Business Drivers
4.5.4.4.2 Application
4.5.4.4.2.1 Singapore Hydrotreated Vegetable Oil Market (by Application), Volume and Value Data
4.5.4.4.2.2 Singapore Hydrotreated Vegetable Oil Market (by End Users), Volume and Value Data
4.5.4.4.3 Product
4.5.4.4.3.1 Singapore Hydrotreated Vegetable Oil Market (by Feedstock Type), Volume and Value Data
4.5.4.4.3.2 Singapore Hydrotreated Vegetable Oil Market (by Technology Type), Volume and Value Data
4.5.4.5 Rest-of-Asia-Pacific and Japan
4.5.4.5.1 Market
4.5.4.5.1.1 Buyer Attributes
4.5.4.5.1.2 Key Manufacturers/Suppliers in the Rest-of-Asia-Pacific and Japan
4.5.4.5.1.3 Business Drivers
4.5.4.5.1.4 Business Challenges
4.5.4.5.2 Application
4.5.4.5.2.1 Rest-of-Asia-Pacific and Japan Hydrotreated Vegetable Oil Market (by Application), Volume and Value Data
4.5.4.5.2.2 Rest-of-Asia-Pacific and Japan Hydrotreated Vegetable Oil Market (by End Users), Volume and Value Data
4.5.4.5.3 Product
4.5.4.5.3.1 Rest-of-Asia-Pacific and Japan Hydrotreated Vegetable Oil Market (by Feedstock Type), Volume and Value Data
4.5.4.5.3.2 Rest-of-Asia-Pacific and Japan Hydrotreated Vegetable Oil Market (by Technology Type), Volume and Value Data
4.6 Rest-of-the-World
4.6.1 Market
4.6.1.1 Key Manufacturers/Suppliers in the Rest-of-the-World
4.6.1.2 Business Challenges
4.6.1.3 Business Drivers
4.6.2 Application
4.6.2.1 Rest-of-the-World Hydrotreated Vegetable Oil Market (by Application), Volume and Value Data
4.6.2.2 Rest-of-the-World Hydrotreated Vegetable Oil Market (by End Users), Volume and Value Data
4.6.3 Product
4.6.3.1 Rest-of-the-World Hydrotreated Vegetable Oil Market (by Feedstock Type), Volume and Value Data
4.6.3.2 Rest-of-the-World Hydrotreated Vegetable Oil Market (by Technology Type), Volume and Value Data
4.6.4 Rest-of-the-World: Regional-Level Analysis
4.6.4.1 South America
4.6.4.1.1 Market
4.6.4.1.1.1 Buyer Attributes
4.6.4.1.1.2 Key Manufacturers/Suppliers in South America
4.6.4.1.1.3 Business Challenges
4.6.4.1.1.4 Business Drivers
4.6.4.1.2 Application
4.6.4.1.2.1 South America Hydrotreated Vegetable Oil Market (by Application), Volume and Value Data
4.6.4.1.2.2 South America Hydrotreated Vegetable Oil Market (by End Users), Volume and Value Data
4.6.4.1.3 Product
4.6.4.1.3.1 South America Hydrotreated Vegetable Oil Market (by Feedstock Type), Volume and Value Data
4.6.4.1.3.2 South America Hydrotreated Vegetable Oil Market (by Technology Type), Volume and Value Data
4.6.4.2 Middle East and Africa
4.6.4.2.1 Market
4.6.4.2.1.1 Buyer Attributes
4.6.4.2.1.2 Key Manufacturers/Suppliers in the Middle East and Africa
4.6.4.2.1.3 Business Challenges
4.6.4.2.1.4 Business Drivers
4.6.4.2.2 Application
4.6.4.2.2.1 Middle East and Africa Hydrotreated Vegetable Oil Market (by Application), Volume and Value Data
4.6.4.2.2.2 Middle East and Africa Hydrotreated Vegetable Oil Market (by End Users), Volume and Value Data
4.6.4.2.3 Product
4.6.4.2.3.1 Middle East and Africa Hydrotreated Vegetable Oil Market (by Feedstock Type), Volume and Value Data
4.6.4.2.3.2 Middle East and Africa Hydrotreated Vegetable Oil Market (by Technology Type), Volume and Value Data
5.1 Competitive Benchmarking
5.2 Market Share Analysis
5.3 Company Profiles
5.3.1 Eni S.p.A.
5.3.1.1 Company Overview
5.3.1.1.1 Role of Eni S.p.A. in the Hydrotreated Vegetable Oil Market
5.3.1.1.2 Product Portfolio
5.3.1.2 Business Strategies
5.3.1.2.1 Market Developments
5.3.1.3 Corporate Strategies
5.3.1.3.1 Mergers, Acquisitions, Partnerships, and Joint Ventures
5.3.1.4 R&D Analysis
5.3.1.5 Analyst View
5.3.2 St1 Oy
5.3.2.1 Company Overview
5.3.2.1.1 Role of St1 Oy in the Hydrotreated Vegetable Oil Market
5.3.2.1.2 Product Portfolio
5.3.2.2 Business Strategies
5.3.2.2.1 Market Developments
5.3.2.3 Corporate Strategies
5.3.2.3.1 Mergers, Acquisitions, Partnerships, and Joint Ventures
5.3.2.4 Analyst View
5.3.3 Neste
5.3.3.1 Company Overview
5.3.3.1.1 Role of Neste in the Hydrotreated Vegetable Oil Market
5.3.3.1.2 Product Portfolio
5.3.3.2 Business Strategies
5.3.3.2.1 Market Developments
5.3.3.3 Corporate Strategies
5.3.3.3.1 Mergers, Acquisitions, Partnerships, and Joint Ventures
5.3.3.4 R&D Analysis
5.3.3.5 Analyst View
5.3.4 Valero Energy Corporation
5.3.4.1 Company Overview
5.3.4.1.1 Role of Valero Energy Corporation in the Hydrotreated Vegetable Oil Market
5.3.4.1.2 Product Portfolio
5.3.4.2 Analyst View
5.3.5 PT Pertamina
5.3.5.1 Company Overview
5.3.5.1.1 Role of PT Pertamina in the Hydrotreated Vegetable Oil Market
5.3.5.1.2 Product Portfolio
5.3.5.2 Business Strategies
5.3.5.2.1 Market Developments
5.3.5.3 Analyst View
5.3.6 Repsol
5.3.6.1 Company Overview
5.3.6.1.1 Role of Repsol in the Hydrotreated Vegetable Oil Market
5.3.6.1.2 Product Portfolio
5.3.6.2 Business Strategies
5.3.6.2.1 Market Developments
5.3.6.3 Corporate Strategies
5.3.6.3.1 Mergers, Acquisitions, Partnerships, and Joint Ventures
5.3.6.4 R&D Analysis
5.3.6.5 Analyst View
5.3.7 TotalEnergies
5.3.7.1 Company Overview
5.3.7.1.1 Role of TotalEnergies in the Hydrotreated Vegetable Oil Market
5.3.7.1.2 Product Portfolio
5.3.7.2 Business Strategies
5.3.7.2.1 Market Developments
5.3.7.3 R&D Analysis
5.3.7.4 Analyst View
5.3.8 UPM
5.3.8.1 Company Overview
5.3.8.1.1 Role of UPM in the Hydrotreated Vegetable Oil Market
5.3.8.1.2 Product Portfolio
5.3.8.2 R&D Analysis
5.3.8.3 Analyst View
5.3.9 Phillips 66
5.3.9.1 Company Overview
5.3.9.1.1 Role of Phillips 66 in the Hydrotreated Vegetable Oil Market
5.3.9.1.2 Product Portfolio
5.3.9.2 Business Strategies
5.3.9.2.1 Market Developments
5.3.9.3 R&D Analysis
5.3.9.4 Analyst View
5.3.10 Chevron Renewable Energy Group, Inc.
5.3.10.1 Company Overview
5.3.10.1.1 Role of Chevron Renewable Energy Group, Inc. in the Hydrotreated Vegetable Oil Market
5.3.10.1.2 Product Portfolio
5.3.10.2 Business Strategies
5.3.10.2.1 Market Developments
5.3.10.3 Corporate Strategies
5.3.10.3.1 Mergers, Acquisitions, Partnerships, and Joint Ventures
5.3.10.4 R&D Analysis
5.3.10.5 Analyst View
5.3.11 Green Biofuels Limited
5.3.11.1 Company Overview
5.3.11.1.1 Role of Green Biofuels Limited in the Hydrotreated Vegetable Oil Market
5.3.11.1.2 Product Portfolio
5.3.11.2 Analyst View
5.3.12 Petrobras
5.3.12.1 Company Overview
5.3.12.1.1 Role of Petrobras in the Hydrotreated Vegetable Oil Market
5.3.12.1.2 Product Portfolio
5.3.12.2 Business Strategies
5.3.12.2.1 Market Developments
5.3.12.3 Corporate Strategies
5.3.12.3.1 Mergers, Acquisitions, Partnerships, and Joint Ventures
5.3.12.4 R&D Analysis
5.3.12.5 Analyst View
5.3.13 ECB Group
5.3.13.1 Company Overview
5.3.13.1.1 Role of ECB Group in the Hydrotreated Vegetable Oil Market
5.3.13.1.2 Product Portfolio
5.3.13.2 Corporate Strategies
5.3.13.2.1 Mergers, Acquisitions, Partnerships, and Joint Ventures
5.3.13.3 Analyst View
5.3.14 Preem AB
5.3.14.1 Company Overview
5.3.14.1.1 Role of Preem AB in the Hydrotreated Vegetable Oil Market
5.3.14.1.2 Product Portfolio
5.3.14.2 Analyst View
5.3.15 Colabit Sweden AB
5.3.15.1 Company Overview
5.3.15.1.1 Role of Colabit Sweden AB in the Hydrotreated Vegetable Oil Market
5.3.15.1.2 Product Portfolio
5.3.15.2 Analyst View
5.4 Other Key Companies
6.1 Data Sources
6.1.1 Primary Data Sources
6.1.2 Secondary Data Sources
6.2 Data Triangulation
6.3 Market Estimation and Forecast
6.3.1 Factors for Data Prediction and Modelling
Table 1: Hydrotreated Vegetable Oil Market Overview
Table 2: List of Companies Profiled
Table 3: Comparison between HVO Diesel and Fossil Diesel
Table 4: List of Key Startups
Table 5: Key Consortiums and Associations
Table 6: List of Regulatory Bodies
Table 7: List of Government Programs
Table 8: List of Programs by Research Institutions
Table 9: Production Capacity Expansion (by Companies)
Table 10: Hydrotreated Vegetable Oil Market (by Application), Million Liters, 2022-2032
Table 11: Hydrotreated Vegetable Oil Market (by Application), $Million, 2022-2032
Table 12: Hydrotreated Vegetable Oil Market (by End Users), Million Liters, 2022-2032
Table 13: Hydrotreated Vegetable Oil Market (by End Users), $Million, 2022-2032
Table 14: Hydrotreated Vegetable Oil Market (by Feedstock Type), Million Liters, 2022-2032
Table 15: Hydrotreated Vegetable Oil Market (by Feedstock Type), $Million, 2022-2032
Table 16: Hydrotreated Vegetable Oil Market (by Technology Type), Million Liters, 2022-2032
Table 17: Hydrotreated Vegetable Oil Market (by Technology Type), $Million, 2022-2032
Table 18: Hydrotreated Vegetable Oil Market (by Region), Million Liters, 2022-2032
Table 19: Hydrotreated Vegetable Oil Market (by Region), $Million, 2022-2032
Table 20: North America Hydrotreated Vegetable Oil Market (by Application), Million Liters, 2022-2032
Table 21: North America Hydrotreated Vegetable Oil Market (by Application), $Million, 2022-2032
Table 22: North America Hydrotreated Vegetable Oil Market (by End Users), Million Liters, 2022-2032
Table 23: North America Hydrotreated Vegetable Oil Market (by End Users), $Million, 2022-2032
Table 24: North America Hydrotreated Vegetable Oil Market (by Feedstock Type), Million Liters, 2022-2032
Table 25: North America Hydrotreated Vegetable Oil Market (by Feedstock Type), $Million, 2022-2032
Table 26: North America Hydrotreated Vegetable Oil Market (by Technology Type), Million Liters, 2022-2032
Table 27: North America Hydrotreated Vegetable Oil Market (by Technology Type), $Million, 2022-2032
Table 28: U.S. Hydrotreated Vegetable Oil Market (by Application), Million Liters, 2022-2032
Table 29: U.S. Hydrotreated Vegetable Oil Market (by Application), $Million, 2022-2032
Table 30: U.S. Hydrotreated Vegetable Oil Market (by End Users), Million Liters, 2022-2032
Table 31: U.S. Hydrotreated Vegetable Oil Market (by End Users), $Million, 2022-2032
Table 32: U.S. Hydrotreated Vegetable Oil Market (by Feedstock Type), Million Liters, 2022-2032
Table 33: U.S. Hydrotreated Vegetable Oil Market (by Feedstock Type), $Million, 2022-2032
Table 34: U.S. Hydrotreated Vegetable Oil Market (by Technology Type), Million Liters, 2022-2032
Table 35: U.S. Hydrotreated Vegetable Oil Market (by Technology Type), $Million, 2022-2032
Table 36: Canada Hydrotreated Vegetable Oil Market (by Application), Million Liters, 2022-2032
Table 37: Canada Hydrotreated Vegetable Oil Market (by Application), $Million, 2022-2032
Table 38: Canada Hydrotreated Vegetable Oil Market (by End Users), Million Liters, 2022-2032
Table 39: Canada Hydrotreated Vegetable Oil Market (by End Users), $Million, 2022-2032
Table 40: Canada Hydrotreated Vegetable Oil Market (by Feedstock Type), Million Liters, 2022-2032
Table 41: Canada Hydrotreated Vegetable Oil Market (by Feedstock Type), $Million, 2022-2032
Table 42: Canada Hydrotreated Vegetable Oil Market (by Technology Type), Million Liters, 2022-2032
Table 43: Canada Hydrotreated Vegetable Oil Market (by Technology Type), $Million, 2022-2032
Table 44: Mexico Hydrotreated Vegetable Oil Market (by Application), Million Liters, 2022-2032
Table 45: Mexico Hydrotreated Vegetable Oil Market (by Application), $Million, 2022-2032
Table 46: Mexico Hydrotreated Vegetable Oil Market (by End Users), Million Liters, 2022-2032
Table 47: Mexico Hydrotreated Vegetable Oil Market (by End Users), $Million, 2022-2032
Table 48: Mexico Hydrotreated Vegetable Oil Market (by Feedstock Type), Million Liters, 2022-2032
Table 49: Mexico Hydrotreated Vegetable Oil Market (by Feedstock Type), $Million, 2022-2032
Table 50: Mexico Hydrotreated Vegetable Oil Market (by Technology Type), Million Liters, 2022-2032
Table 51: Mexico Hydrotreated Vegetable Oil Market (by Technology Type), $Million, 2022-2032
Table 52: Europe Hydrotreated Vegetable Oil Market (by Application), Million Liters, 2022-2032
Table 53: Europe Hydrotreated Vegetable Oil Market (by Application), $Million, 2022-2032
Table 54: Europe Hydrotreated Vegetable Oil Market (by End Users), Million Liters, 2022-2032
Table 55: Europe Hydrotreated Vegetable Oil Market (by End Users), $Million, 2022-2032
Table 56: Europe Hydrotreated Vegetable Oil Market (by Feedstock Type), Million Liters, 2022-2032
Table 57: Europe Hydrotreated Vegetable Oil Market (by Feedstock Type), $Million, 2022-2032
Table 58: Europe Hydrotreated Vegetable Oil Market (by Technology Type), Million Liters, 2022-2032
Table 59: Europe Hydrotreated Vegetable Oil Market (by Technology Type), $Million, 2022-2032
Table 60: The Netherlands Hydrotreated Vegetable Oil Market (by Application), Million Liters, 2022-2032
Table 61: The Netherlands Hydrotreated Vegetable Oil Market (by Application), $Million, 2022-2032
Table 62: The Netherlands Hydrotreated Vegetable Oil Market (by End Users), Million Liters, 2022-2032
Table 63: The Netherlands Hydrotreated Vegetable Oil Market (by End Users), $Million, 2022-2032
Table 64: The Netherlands Hydrotreated Vegetable Oil Market (by Feedstock Type), Million Liters, 2022-2032
Table 65: Netherlands Hydrotreated Vegetable Oil Market (by Feedstock Type), $Million, 2022-2032
Table 66: The Netherlands Hydrotreated Vegetable Oil Market (by Technology Type), Million Liters, 2022-2032
Table 67: The Netherlands Hydrotreated Vegetable Oil Market (by Technology Type), $Million, 2022-2032
Table 68: France Hydrotreated Vegetable Oil Market (by Application), Million Liters, 2022-2032
Table 69: France Hydrotreated Vegetable Oil Market (by Application), $Million, 2022-2032
Table 70: France Hydrotreated Vegetable Oil Market (by End Users), Million Liters, 2022-2032
Table 71: France Hydrotreated Vegetable Oil Market (by End Users), $Million, 2022-2032
Table 72: France Hydrotreated Vegetable Oil Market (by Feedstock Type), Million Liters, 2022-2032
Table 73: France Hydrotreated Vegetable Oil Market (by Feedstock Type), $Million, 2022-2032
Table 74: France Hydrotreated Vegetable Oil Market (by Technology Type), Million Liters, 2022-2032
Table 75: France Hydrotreated Vegetable Oil Market (by Technology Type), $Million, 2022-2032
Table 76: Italy Hydrotreated Vegetable Oil Market (by Application), Million Liters, 2022-2032
Table 77: Italy Hydrotreated Vegetable Oil Market (by Application), $Million, 2022-2032
Table 78: Italy Hydrotreated Vegetable Oil Market (by End Users), Million Liters, 2022-2032
Table 79: Italy Hydrotreated Vegetable Oil Market (by End Users), $Million, 2022-2032
Table 80: Italy Hydrotreated Vegetable Oil Market (by Feedstock Type), Million Liters, 2022-2032
Table 81: Italy Hydrotreated Vegetable Oil Market (by Feedstock Type), $Million, 2022-2032
Table 82: Italy Hydrotreated Vegetable Oil Market (by Technology Type), Million Liters, 2022-2032
Table 83: Italy Hydrotreated Vegetable Oil Market (by Technology Type), $Million, 2022-2032
Table 84: Spain Hydrotreated Vegetable Oil Market (by Application), Million Liters, 2022-2032
Table 85: Spain Hydrotreated Vegetable Oil Market (by Application), $Million, 2022-2032
Table 86: Spain Hydrotreated Vegetable Oil Market (by End Users), Million Liters, 2022-2032
Table 87: Spain Hydrotreated Vegetable Oil Market (by End Users), $Million, 2022-2032
Table 88: Spain Hydrotreated Vegetable Oil Market (by Feedstock Type), Million Liters, 2022-2032
Table 89: Spain Hydrotreated Vegetable Oil Market (by Feedstock Type), $Million, 2022-2032
Table 90: Spain Hydrotreated Vegetable Oil Market (by Technology Type), Million Liters, 2022-2032
Table 91: Spain Hydrotreated Vegetable Oil Market (by Technology Type), $Million, 2022-2032
Table 92: Rest-of-Europe Hydrotreated Vegetable Oil Market (by Application), Million Liters, 2022-2032
Table 93: Rest-of-Europe Hydrotreated Vegetable Oil Market (by Application), $Million, 2022-2032
Table 94: Rest-of-Europe Hydrotreated Vegetable Oil Market (by End Users), Million Liters, 2022-2032
Table 95: Rest-of-Europe Hydrotreated Vegetable Oil Market (by End Users), $Million, 2022-2032
Table 96: Rest-of-Europe Hydrotreated Vegetable Oil Market (by Feedstock Type), Million Liters, 2022-2032
Table 97: Rest-of-Europe Hydrotreated Vegetable Oil Market (by Feedstock Type), $Million, 2022-2032
Table 98: Rest-of-Europe Hydrotreated Vegetable Oil Market (by Technology Type), Million Liters, 2022-2032
Table 99: Rest-of-Europe Hydrotreated Vegetable Oil Market (by Technology Type), $Million, 2022-2032
Table 100: U.K. Hydrotreated Vegetable Oil Market (by Application), Million Liters, 2022-2032
Table 101: U.K. Hydrotreated Vegetable Oil Market (by Application), $Million, 2022-2032
Table 102: U.K. Hydrotreated Vegetable Oil Market (by End Users), Million Liters, 2022-2032
Table 103: U.K. Hydrotreated Vegetable Oil Market (by End Users), $Million, 2022-2032
Table 104: U.K. Hydrotreated Vegetable Oil Market (by Feedstock Type), Million Liters, 2022-2032
Table 105: U.K. Hydrotreated Vegetable Oil Market (by Feedstock Type), $Million, 2022-2032
Table 106: U.K. Hydrotreated Vegetable Oil Market (by Technology Type), Million Liters, 2022-2032
Table 107: U.K. Hydrotreated Vegetable Oil Market (by Technology Type), $Million, 2022-2032
Table 108: China Hydrotreated Vegetable Oil Market (by Application), Million Liters, 2022-2032
Table 109: China Hydrotreated Vegetable Oil Market (by Application), $Million, 2022-2032
Table 110: China Hydrotreated Vegetable Oil Market (by End Users), Million Liters, 2022-2032
Table 111: China Hydrotreated Vegetable Oil Market (by End Users), $Million, 2022-2032
Table 112: China Hydrotreated Vegetable Oil Market (by Feedstock Type), Million Liters, 2022-2032
Table 113: China Hydrotreated Vegetable Oil Market (by Feedstock Type), $Million, 2022-2032
Table 114: China Hydrotreated Vegetable Oil Market (by Technology Type), Million Liters, 2022-2032
Table 115: China Hydrotreated Vegetable Oil Market (by Technology Type), $Million, 2022-2032
Table 116: Asia-Pacific and Japan Hydrotreated Vegetable Oil Market (by Application), Million Liters, 2022-2032
Table 117: Asia-Pacific and Japan Hydrotreated Vegetable Oil Market (by Application), $Million, 2022-2032
Table 118: Asia-Pacific and Japan Hydrotreated Vegetable Oil Market (by End Users), Million Liters, 2022-2032
Table 119: Asia-Pacific and Japan Hydrotreated Vegetable Oil Market (by End Users), $Million, 2022-2032
Table 120: Asia-Pacific and Japan Hydrotreated Vegetable Oil Market (by Feedstock Type), Million Liters, 2022-2032
Table 121: Asia-Pacific and Japan Hydrotreated Vegetable Oil Market (by Feedstock Type), $Million, 2022-2032
Table 122: Asia-Pacific and Japan Hydrotreated Vegetable Oil Market (by Technology Type), Million Liters, 2022-2032
Table 123: Asia-Pacific and Japan Hydrotreated Vegetable Oil Market (by Technology Type), $Million, 2022-2032
Table 124: Japan Hydrotreated Vegetable Oil Market (by Application), Million Liters, 2022-2032
Table 125: Japan Hydrotreated Vegetable Oil Market (by Application), $Million, 2022-2032
Table 126: Japan Hydrotreated Vegetable Oil Market (by End Users), Million Liters, 2022-2032
Table 127: Japan Hydrotreated Vegetable Oil Market (by End Users), $Million, 2022-2032
Table 128: Japan Hydrotreated Vegetable Oil Market (by Feedstock Type), Million Liters, 2022-2032
Table 129: Japan Hydrotreated Vegetable Oil Market (by Feedstock Type), $Million, 2022-2032
Table 130: Japan Hydrotreated Vegetable Oil Market (by Technology Type), Million Liters, 2022-2032
Table 131: Japan Hydrotreated Vegetable Oil Market (by Technology Type), $Million, 2022-2032
Table 132: Indonesia Hydrotreated Vegetable Oil Market (by Application), Million Liters, 2022-2032
Table 133: Indonesia Hydrotreated Vegetable Oil Market (by Application), $Million, 2022-2032
Table 134: Indonesia Hydrotreated Vegetable Oil Market (by End Users), Million Liters, 2022-2032
Table 135: Indonesia Hydrotreated Vegetable Oil Market (by End Users), $Million, 2022-2032
Table 136: Indonesia Hydrotreated Vegetable Oil Market (by Feedstock Type), Million Liters, 2022-2032
Table 137: Indonesia Hydrotreated Vegetable Oil Market (by Feedstock Type), $Million, 2022-2032
Table 138: Indonesia Hydrotreated Vegetable Oil Market (by Technology Type), Million Liters, 2022-2032
Table 139: Indonesia Hydrotreated Vegetable Oil Market (by Technology Type), $Million, 2022-2032
Table 140: Malaysia Hydrotreated Vegetable Oil Market (by Application), Million Liters, 2022-2032
Table 141: Malaysia Hydrotreated Vegetable Oil Market (by Application), $Million, 2022-2032
Table 142: Malaysia Hydrotreated Vegetable Oil Market (by End Users), Million Liters, 2022-2032
Table 143: Malaysia Hydrotreated Vegetable Oil Market (by End Users), $Million, 2022-2032
Table 144: Malaysia Hydrotreated Vegetable Oil Market (by Feedstock Type), Million Liters, 2022-2032
Table 145: Malaysia Hydrotreated Vegetable Oil Market (by Feedstock Type), $Million, 2022-2032
Table 146: Malaysia Hydrotreated Vegetable Oil Market (by Technology Type), Million Liters, 2022-2032
Table 147: Malaysia Hydrotreated Vegetable Oil Market (by Technology Type), $Million, 2022-2032
Table 148: Singapore Hydrotreated Vegetable Oil Market (by Application), Million Liters, 2022-2032
Table 149: Singapore Hydrotreated Vegetable Oil Market (by Application), $Million, 2022-2032
Table 150: Singapore Hydrotreated Vegetable Oil Market (by End Users), Million Liters, 2022-2032
Table 151: Singapore Hydrotreated Vegetable Oil Market (by End Users), $Million, 2022-2032
Table 152: Singapore Hydrotreated Vegetable Oil Market (by Feedstock Type), Million Liters, 2022-2032
Table 153: Singapore Hydrotreated Vegetable Oil Market (by Feedstock Type), $Million, 2022-2032
Table 154: Singapore Hydrotreated Vegetable Oil Market (by Technology Type), Million Liters, 2022-2032
Table 155: Singapore Hydrotreated Vegetable Oil Market (by Technology Type), $Million, 2022-2032
Table 156: Rest-of-Asia-Pacific and Japan Hydrotreated Vegetable Oil Market (by Application), Million Liters, 2022-2032
Table 157: Rest-of-Asia-Pacific and Japan Hydrotreated Vegetable Oil Market (by Application), $Million, 2022-2032
Table 158: Rest-of-Asia-Pacific and Japan Hydrotreated Vegetable Oil Market (by End Users), Million Liters, 2022-2032
Table 159: Rest-of-Asia-Pacific and Japan Hydrotreated Vegetable Oil Market (by End Users), $Million, 2022-2032
Table 160: Rest-of-Asia-Pacific and Japan Hydrotreated Vegetable Oil Market (by Feedstock Type), Million Liters, 2022-2032
Table 161: Rest-of-Asia-Pacific and Japan Hydrotreated Vegetable Oil Market (by Feedstock Type), $Million, 2022-2032
Table 162: Rest-of-Asia-Pacific and Japan Hydrotreated Vegetable Oil Market (by Technology Type), Million Liters, 2022-2032
Table 163: Rest-of-Asia-Pacific and Japan Hydrotreated Vegetable Oil Market (by Technology Type), $Million, 2022-2032
Table 164: Rest-of-the-World Hydrotreated Vegetable Oil Market (by Application), Million Liters, 2022-2032
Table 165: Rest-of-the-World Hydrotreated Vegetable Oil Market (by Application), $Million, 2022-2032
Table 166: Rest-of-the-World Hydrotreated Vegetable Oil Market (by End Users), Million Liters, 2022-2032
Table 167: Rest-of-the-World Hydrotreated Vegetable Oil Market (by End Users), $Million, 2022-2032
Table 168: Rest-of-the-World Hydrotreated Vegetable Oil Market (by Feedstock Type), Million Liters, 2022-2032
Table 169: Rest-of-the-World Hydrotreated Vegetable Oil Market (by Feedstock Type), $Million, 2022-2032
Table 170: Rest-of-the-World Hydrotreated Vegetable Oil Market (by Technology Type), Million Liters, 2022-2032
Table 171: Rest-of-the-World Hydrotreated Vegetable Oil Market (by Technology Type), $Million, 2022-2032
Table 172: South America Hydrotreated Vegetable Oil Market (by Application), Million Liters, 2022-2032
Table 173: South America Hydrotreated Vegetable Oil Market (by Application), $Million, 2022-2032
Table 174: South America Hydrotreated Vegetable Oil Market (by End Users), Million Liters, 2022-2032
Table 175: South America Hydrotreated Vegetable Oil Market (by End Users), $Million, 2022-2032
Table 176: South America Hydrotreated Vegetable Oil Market (by Feedstock Type), Million Liters, 2022-2032
Table 177: South America Hydrotreated Vegetable Oil Market (by Feedstock Type), $Million, 2022-2032
Table 178: South America Hydrotreated Vegetable Oil Market (by Technology Type), Million Liters, 2022-2032
Table 179: South America Hydrotreated Vegetable Oil Market (by Technology Type), $Million, 2022-2032
Table 180: Middle East and Africa Hydrotreated Vegetable Oil Market (by Application), Million Liters, 2022-2032
Table 181: Middle East and Africa Hydrotreated Vegetable Oil Market (by Application), $Million, 2022-2032
Table 182: Middle East and Africa Hydrotreated Vegetable Oil Market (by End Users), Million Liters, 2022-2032
Table 183: Middle East and Africa Hydrotreated Vegetable Oil Market (by End Users), $Million, 2022-2032
Table 184: Middle East and Africa Hydrotreated Vegetable Oil Market (by Feedstock Type), Million Liters, 2022-2032
Table 185: Middle East and Africa Hydrotreated Vegetable Oil Market (by Feedstock Type), $Million, 2022-2032
Table 186: Middle East and Africa Hydrotreated Vegetable Oil Market (by Technology Type), Million Liters, 2022-2032
Table 187: Middle East and Africa Hydrotreated Vegetable Oil Market (by Technology Type), $Million, 2022-2032
Table 188: Market Share Analysis: Hydrotreated Vegetable Oil Market, 2022
Table 189: Other Key Companies in Global Hydrotreated Vegetable Oil Market
Figure 1: Hydrotreated Vegetable Oil Market Overview, Billion Liters, 2022-2032
Figure 2: Hydrotreated Vegetable Oil Market Overview, $Billion, 2022-2032
Figure 3: Hydrotreated Vegetable Oil Market (by Application), $Billion, 2022-2032
Figure 4: Hydrotreated Vegetable Oil Market (by End User), $Billion, 2022-2032
Figure 5: Hydrotreated Vegetable Oil Market (by Feedstock Type), $Billion, 2022-2032
Figure 6: Hydrotreated Vegetable Oil Market (by Technology Type), $Billion, 2022-2032
Figure 7: Hydrotreated Vegetable Oil Market (by Region), $Billion, 2022
Figure 8: Hydrotreated Vegetable Oil Market: Coverage
Figure 9: Hydrotreated Vegetable Oil Market Supply Chain Analysis
Figure 10: Total Year-Wise Key Patents Filed for Global Hydrotreated Vegetable Oil Market, January 2019-December 2022
Figure 11: Total Year-Wise Key Patents Granted for Global Hydrotreated Vegetable Oil Market, January 2019-December 2022
Figure 12: Key Patent Analysis (by Status), January 2019-December 2022
Figure 13: Key Patent Analysis (by Organization), January 2019-December 2022
Figure 14: Business Dynamics for Hydrotreated Vegetable Oil Market
Figure 15: Carbon Dioxide Emission by Countries in 2021
Figure 16: Hydrotreated Vegetable Oil Production Capacities, Million Liters, 2019-2022
Figure 17: Capacity Addition Share (by Region), 2019-2022
Figure 18: Renewable Diesel Supply Growth by Region in 2022:
Figure 19: Renewable Diesel Demand Growth by Region in 2021-2022:
Figure 20: Global Sustainable Aviation Fuel (SAF) Supply Growth between 2018-2022:
Figure 21: Sustainable Aviation Fuel (SAF) Demand Growth by Region in 2021-2022:
Figure 22: Product Benchmarking for Global Hydrotreated Vegetable Oil Market
Figure 23: Average Global Pricing Analysis, Hydrotreated Vegetable Oil Market (by Application), $/Liter, 2022-2032
Figure 24: Competitive Benchmarking for Global Hydrotreated Vegetable Oil Market
Figure 25: Eni S.p.A.: R&D Expenditure, $Million, 2020-2022
Figure 26: Neste: R&D Expenditure, $Million, 2020-2022
Figure 27: Repsol: R&D Expenditure, $Million, 2020-2022
Figure 28: TotalEnergies: R&D Expenditure, $Million, 2020-2022
Figure 29: UPM: R&D Expenditure, $Million, 2020-2022
Figure 30: Phillips 66: R&D Expenditure, $Million, 2020-2022
Figure 31: Chevron Renewable Energy Group, Inc.: R&D Expenditure, $Million, 2020-2022
Figure 32: Petrobras: R&D Expenditure, $Million, 2020-2022
Figure 33: Research Methodology
Figure 34: Data Triangulation
Figure 35: Top-Down and Bottom-Up Approach
Figure 36: Assumptions and Limitations
Hydrotreated Vegetable Oil Market Report Coverage
|
Hydrotreated Vegetable Oil Market |
|||
|
Base Year |
2022 |
Market Size in 2022 |
$19.63 Billion |
|
Forecast Period |
2023-2032 |
Value Projection and Estimation by 2032 |
$158.09 Billion |
|
CAGR During Forecast Period |
22.54% |
Number of Tables |
189 |
|
Number of Pages |
252 |
Number of Figures |
36 |
Key Market Players and Competition Synopsis
The companies that are profiled have been selected based on inputs gathered from primary experts, analyzing company coverage, product portfolio, and market penetration.
The global hydrotreated vegetable oil market has been segmented based on application, among which renewable diesel accounted for around 97.6% and sustainable aviation fuel holds around 2.4% of the total HVO fuel production in 2022 in terms of volume.
Key Companies Profiled:
• Eni S.p.A.
• St1 Oy
• Neste
• Valero Energy Corporation
• PT Pertamina
• Repsol
• TotalEnergies
• UPM
• Phillips 66
• Chevron Renewable Energy Group, Inc.
• Green Biofuels Limited
• Petrobras
• ECB Group
• Preem AB
• Colabit Sweden AB
How can this report add value to an organization?
Product/Innovation Strategy: The product segment helps the reader understand the different hydrotreated vegetable oil-based fuels, i.e., renewable diesel and sustainable aviation fuel, various end users, technology type, and feedstock types involved in the production of hydrotreated vegetable oils. Moreover, the study provides the reader with a detailed understanding of the global hydrotreated vegetable oil market based on the end user (transportation, agricultural machinery, industrial, and others).
Growth/Marketing Strategy: The global hydrotreated vegetable oil market has seen major development by key players operating in the market, such as business expansions, partnerships, collaborations, mergers and acquisitions, and joint ventures. The favored strategy for the companies has been product developments, business expansions, and acquisitions to strengthen their position in the global hydrotreated vegetable oil market. For instance, in June 2023, TotalEnergies announced the start of supplying hydrotreated vegetable oil-based sustainable aviation fuel (SAF) to its aviation customers in Europe. Furthermore, the company planned to double the SAF production capacity by 2028.
Competitive Strategy: Key players in the global hydrotreated vegetable oil market analyzed and profiled in the study involve HVO-based fuel manufacturers and the overall ecosystem. Moreover, a detailed competitive benchmarking of the players operating in the global hydrotreated vegetable oil market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, acquisitions, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
Hydrotreated Vegetable Oil Industry and Technology Overview
The demand for hydrotreated vegetable oil-based fuels such as renewable diesel and sustainable aviation fuel is anticipated to grow with the increasing demand from end-user industries such as automotive, aviation, maritime, agriculture, and industrial, among others. Furthermore, it is anticipated that during the projected period (2023-2032), the increasing adoption of renewable diesel and sustainable aviation fuel in the automotive and aviation industry in several advanced economies, including the U.S., Italy, France, the Netherlands, and Sweden, among others, are expected to further fuel the advancement of the global hydrotreated vegetable oil market. However, the limited availability of feedstocks is leading to an increase in the competitiveness of companies for a continuous supply of fatty-acid-based raw materials, which is acting as a challenge to the growth of the hydrotreated vegetable oil market.
Market Lifecycle Stage
The global hydrotreated vegetable oil market is in the growth phase. Increased investment and research and development activities are expected to boost the market. Furthermore, high demand from end-user industries and rising government initiatives such as incentives and tax credits for low-carbon fuels are expected to increase the demand for renewable diesel and sustainable aviation fuel, thereby bolstering the global hydrotreated vegetable oil market. Moreover, the global hydrotreated vegetable oil market is expected to benefit from the rising awareness of the environment and growing adoption of low-carbon fuels such as renewable diesel and sustainable aviation fuel in advanced and emerging economies.
Industrial Impact
The hydrotreated vegetable oil-based renewable diesel offers numerous advantages. Its renewable nature ensures a reduced carbon footprint, contributing to mitigating climate change and lowering greenhouse gas emissions. Furthermore, renewable diesel derived from HVO has superior cold-weather performance, making it suitable for use in regions with extreme temperatures. In the same vein, sustainable aviation fuel (SAF) is a drop-in replacement for conventional jet fuel, making it compatible with existing aircraft engines and infrastructure. This seamless integration allows airlines to adopt SAF without any modifications or with lesser modifications to aviation fleets or refueling infrastructure.
Furthermore, hydrotreated vegetable oil has a moderate-to-high impact on end-user industries; however, in the upcoming future, with increasing penetration of automotive, aviation, maritime, industrial, and other industries, the impact is anticipated to increase.
Market Segmentation:
Segmentation 1: by Application
• Renewable Diesel
• Sustainable Aviation Fuel (SAF)
Based on application, the renewable diesel segment dominated the hydrotreated vegetable oil market in 2022 and was the largest segment due to the rising demand as a renewable alternative fuel for drop-in replacement and blending in fossil diesel for various end-use sectors such as automotive, maritime, construction, mining, and others.
Segmentation 2: by End User
• Transportation
• Agricultural Machinery
• Industrial
• Others (Residential Buildings, Commercial Buildings, and Data Centers)
Based on end users, the transportation segment dominated the hydrotreated vegetable oil market in 2022 and was the largest segment due to the rising demand for renewable fuels in the automotive, maritime, and aviation sectors for reduction of greenhouse emissions.
Segmentation 3: by Feedstock Type
• Edible Vegetable Oils
• Crude Palm Oil
• Used Cooking Oil
• Tall Oil
• Animal Fats
• Others (Non-Edible Vegetable Oil, Sludge Palm Oil Mill Effluent, and Refining Byproducts)
Based on feedstock type, the used cooking oil segment dominated the hydrotreated vegetable oil market in 2022 and is the largest segment owing to the government regulations and policies to support the waste to fuel technologies.
Segmentation 4: by Technology Type
• Standalone Hydrotreating Technology
• Co-Processing Technology
The standalone hydrotreating technology dominated the global hydrotreated vegetable oil market based on technology type.
Segmentation 5: by Region
• North America - U.S., Canada, and Mexico
• Europe - the Netherlands, France, Italy, Spain, and Rest-of-Europe
• China
• U.K.
• Asia-Pacific and Japan - Japan, Indonesia, Malaysia, Singapore, and Rest-of-Asia-Pacific and Japan
• Rest-of-the-World - South America and the Middle East and Africa
In the hydrotreated vegetable oil market, North America is anticipated to gain traction in terms of production and adoption, owing to the continuous growth in the adoption of low-carbon fuels such as renewable diesel and sustainable aviation fuel and the presence of key manufacturers in the region.
Recent Developments in the Global Hydrotreated Vegetable Oil Market
• In June 2023, Eni Sustainable Mobility, a subsidiary of Eni S.p.A., signed an agreement with Azimut Benetti S.p.A. to support the decarbonization of the yachting industry. Furthermore, in this agreement, Eni S.p.A. aimed to supply hydrotreated vegetable oil-based renewable fuels to the Azimut Benetti S.p.A.
• In June 2023, Neste partnered with Rio Tinto, a mining company, to help in the energy transition for its Borax mining site in the U.S. Furthermore, Rio Tinto would replace the fossil diesel with Neste’s renewable diesel for its heavy machinery.
• In May 2023, Neste announced to enter into a distribution partnership with PetroCard to strengthen the supply-chain network for Neste MY Renewable Diesel in the Pacific Northwest region of the U.S.
• In June 2022, Chevron Renewable Energy Group, Inc. announced the completion of the acquisition of Renewable Energy Group, Inc., aiming to increase its low-carbon solution portfolio through bio and renewable fuels.
• In June 2022, Repsol started the supply of hydrotreated vegetable oil-based sustainable aviation fuel to lberia, an airline company in Spain for commercial flights. Furthermore, lberia operated the Airbus A330-200 aircraft, which has a capacity of 288 passengers, by utilizing sustainable aviation fuel.
Demand – Drivers and Challenges
Following are the demand drivers for the global hydrotreated vegetable oil market:
• Government Regulations toward Low Carbon Emissions
• Applicability in Existing Energy Infrastructure
• Increasing Investment in Hydrotreated Vegetable Oil Production
Market is expected to face some limitations as well due to the following challenges:
• Lower Density and Energy Content than Fossil Fuels
• Continuous Supply of Renewable Feedstock
Analyst Thoughts
According to Dhrubajyoti Narayan, Principal Analyst, BIS Research, “Hydrotreated vegetable oil-based sustainable fuel including renewable diesel and sustainable aviation fuel play a significant role in greenhouse reduction from automotive, aviation, maritime, industrial, agriculture, and other industries. HVO-based renewable diesel, a sustainable fuel, has been adopted by these end users, as it offers fuel specifications similar to fossil-based fuels along with high greenhouse gas emissions, which is required in these industries with increasing government regulations by individuals globally. Also, the growing government policies toward the support of renewable fuels for production, blending, and utilization are anticipated to drive market growth over the forecast period.”
Hydrotreated Vegetable Oil Market - A Global and Regional Analysis
Focus on Application, End Users, Feedstock Type, Technology Type, and Region - Analysis and Forecast, 2023-2032
Some Faq's
Frequently Asked Questions
Hydrotreated vegetable oils are renewable fuels similar to fossil-derived diesel and jet fuel, which can be manufactured by processing various renewable raw materials such as vegetable oils and fats containing triglycerides and fatty acids. The hydrotreated vegetable oil-based renewable diesel and sustainable aviation fuel is generated through hydrogenation and hydrocracking of different feedstocks such as edible vegetable oils, tall oil, crude palm oil, used cooking oil, animal fats, and others. Hydrotreated vegetable oil (HVO) offers a sustainable and efficient alternative to diesel and jet fuel with a high cetane number for both new and existing diesel engines, and it's free from sulfur, oxygen, and aromatic hydrocarbons. Furthermore, hydrotreated vegetable oil is used in various applications, including transportation, construction, mining, manufacturing, agricultural machinery, and others.
Hydrotreated vegetable oil as a second-generation biofuel and sustainable replacement for fossil fuels favors the increased production and utilization of hydrotreated vegetable oil-based renewable diesel and sustainable aviation fuel.
Hydrotreated vegetable oils have seen major developments by key players operating in the market, such as business expansions, partnerships, collaborations, and joint ventures. According to BIS Research analysis, most of the companies preferred product developments, collaborations, mergers and acquisitions, and joint ventures as a strategy to further increase their growth in the global hydrotreated vegetable oil market. Companies such as Neste and others have majorly adopted strategies such as product developments, market developments, partnerships, collaborations, and joint ventures.
A new entrant can focus on manufacturing and providing hydrotreated vegetable oils to end-user sectors, including transportation, agricultural machinery, and industrial, among other industries, due to the high demand and adoption of low-carbon fuels such as renewable diesel and sustainable aviation fuel.
The following can be termed as some of the USPs of the report:
• Extensive competitive benchmarking of 15 key players to offer a holistic view of the global hydrotreated vegetable oil market landscape
• Market segregation based on application, feedstock type, technology type, and end user
• Comparison between hydrotreated vegetable oil and other sustainable fuels
• Discussed future raw materials for hydrotreated vegetable oil
• Supply and demand analysis for hydrotreated vegetable oil
• Production capacity analysis
• start-up landscape, including product adoption scenario and patent analysis
The companies that produce and commercialize hydrotreated vegetable oil-based renewable diesel and sustainable aviation fuel, end-user sectors, research institutions, and regulatory bodies involved in the global hydrotreated vegetable oil market should buy this report.
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