Future of Renewable Diesel Market Forecast & Growth Drivers 2025 | Most Leading Companies - Neste Corporation, Diamond Green Diesel (DGD), Valero Energy Corporation

Renewable Diesel Market size reached US$ 24.67 billion in 2024 and is expected to reach US$ 48.33 billion by 2032, growing with a CAGR of 8.77% during the forecast period 2025-2032.

Renewable Diesel Market, as detailed in the DataM Intelligence report, presents a strategic overview of the industry backed by in-depth data and market trends. The study highlights the performance and positioning of major players, focusing on their offerings, pricing models, financial outcomes, and growth strategies. It serves as a concise yet insightful reference for understanding the current landscape and future direction of the market.

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Market Overview:

Renewable diesel is a sustainable alternative to traditional petroleum diesel, produced from renewable resources such as vegetable oils, animal fats, and waste oils. Unlike biodiesel, renewable diesel is chemically identical to petroleum diesel and can be used directly in existing diesel engines without modifications. It offers lower greenhouse gas emissions, improved combustion efficiency, and better cold-weather performance, making it a key fuel in the transition to cleaner energy.

List of the Key Players in the Renewable Diesel Market:

Neste Corporation, Diamond Green Diesel (DGD), Valero Energy Corporation, Chevron Corporation, Phillips 66, Marathon Petroleum Corporation, World Energy, Eni S.p.A., PBF Energy Inc., Gevo, Inc.

Renewable Diesel Market Development:

In October 2024, Repsol introduced Nexa, a 100% renewable diesel, at its service stations. This premium fuel is compatible with all diesel engines and is specially formulated to boost performance while extending engine life.

In February 2024, Colonial Oil partnered with Finnish biofuels producer Neste to launch a sustainable diesel initiative in Savannah, Georgia. This collaboration aims to increase the supply of renewable diesel in Savannah and the southeastern United States, supporting local container service companies such as Terminal Investment and Gateway.

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Segment Covered in the Renewable Diesel Market:

By Feedstock: Animal Fat, Vegetable Oil, Others

By Application: Transportation

Regional Analysis for Renewable Diesel Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Frequently asked questions:

➠ What are the global sales, production, consumption, import, and export figures for the Renewable Diesel market?

➠ Who are the key global manufacturers, and how are they performing operationally?

➠ What opportunities and risks do vendors face in the Renewable Diesel market?

➠ Which product types or end-users show the most growth potential, and what are their market shares?

➠ What factors are driving or limiting growth in the Renewable Diesel market?

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