Global Hydrotreated Vegetable Oil (HVO) Competitive Landscape Professional Research Report 2025

Research Summary

Hydrotreated Vegetable Oil (HVO) is a type of renewable diesel fuel produced through the hydrogenation of vegetable oils, animal fats, or other bio-based feedstocks. The process involves treating these oils with hydrogen at high pressure to remove oxygen, resulting in a high-quality, clean-burning fuel that can be used as an alternative to traditional petroleum-based diesel. HVO is characterized by its high energy content, low sulfur, and minimal particulate emissions, making it a more environmentally friendly option for transportation and industrial applications. It is compatible with existing diesel engines and infrastructure, which allows for easier adoption without the need for modifications. HVO is considered a sustainable and low-carbon fuel that helps reduce greenhouse gas emissions and air pollution, contributing to the transition to cleaner energy sources.

According to DIResearch's in-depth investigation and research, the global Hydrotreated Vegetable Oil (HVO) market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.

The major global  manufacturers of Hydrotreated Vegetable Oil (HVO) include Neste, Diamond Green Diesel, UPM Biofuels, Renewable Energy Group, Eni, World Energy, TotalEnergies, Preem, Repsol, Cepsa, NextChem(Maire Tecnimont), Axens, BP, Certas Energy etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Hydrotreated Vegetable Oil (HVO). Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Hydrotreated Vegetable Oil (HVO) market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Hydrotreated Vegetable Oil (HVO) market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Hydrotreated Vegetable Oil (HVO) industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.  

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Hydrotreated Vegetable Oil (HVO) Include:

Neste

Diamond Green Diesel

UPM Biofuels

Renewable Energy Group

Eni

World Energy

TotalEnergies

Preem

Repsol

Cepsa

NextChem(Maire Tecnimont)

Axens

BP

Certas Energy

Hydrotreated Vegetable Oil (HVO) Product Segment Include:

Based on Ecofining Technology

Based on Co-Processing Technology

Others

Hydrotreated Vegetable Oil (HVO) Product Application Include:

Transportation

Generator

Industrial Power System

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends

Chapter 2: Global Hydrotreated Vegetable Oil (HVO) Capacity and Production Analysis

Chapter 3: Global Hydrotreated Vegetable Oil (HVO) Industry PESTEL Analysis

Chapter 4: Global Hydrotreated Vegetable Oil (HVO) Industry Porter's Five Forces Analysis

Chapter 5: Global Hydrotreated Vegetable Oil (HVO) Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis

Chapter 6: Global Hydrotreated Vegetable Oil (HVO) Market Size and Forecast by Type and Application Analysis

Chapter 7: North America Hydrotreated Vegetable Oil (HVO) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 8: Europe Hydrotreated Vegetable Oil (HVO) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 9: China Hydrotreated Vegetable Oil (HVO) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 10: APAC (Excl. China) Hydrotreated Vegetable Oil (HVO) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 11: Latin America Hydrotreated Vegetable Oil (HVO) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 12: Middle East and Africa Hydrotreated Vegetable Oil (HVO) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 13: Global Hydrotreated Vegetable Oil (HVO) Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 14: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 15: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers

Chapter 16: Research Findings and Conclusion

Chapter 17: Methodology and Data Sources