Global HVO or HEFA Supply, Demand and Key Producers, 2023-2029

Global HVO or HEFA Supply, Demand and Key Producers, 2023-2029

The global HVO or HEFA market size is expected to reach $ 37140 million by 2029, rising at a market growth of 15.4% CAGR during the forecast period (2023-2029).

HEFA (Hydroprocessed Esters and Fatty Acids), also called HVO (Hydrotreated Vegetable Oil), is a renewable diesel fuel that can be produced from a wide array of vegetable oils and fats. The term HEFA or HVO is used collectively for these biogenic hydrocarbon-based renewable biofuels. HVO is free of aromatics and sulfur and has a high cetane number. It is a so-called drop-in fuel, meaning that it is chemically equivalent to fossil diesel fuel and can be used in existing diesel engines without technical blend walls. One challenge that the production of HVO is facing is to find enough suitable and sustainable feedstock.

This report studies the global HVO or HEFA production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for HVO or HEFA, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of HVO or HEFA that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global HVO or HEFA total production and demand, 2018-2029, (Tons)

Global HVO or HEFA total production value, 2018-2029, (USD Million)

Global HVO or HEFA production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Tons)

Global HVO or HEFA consumption by region & country, CAGR, 2018-2029 & (Tons)

U.S. VS China: HVO or HEFA domestic production, consumption, key domestic manufacturers and share

Global HVO or HEFA production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Tons)

Global HVO or HEFA production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Tons)

Global HVO or HEFA production by Application production, value, CAGR, 2018-2029, (USD Million) & (Tons).

This reports profiles key players in the global HVO or HEFA market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Neste Oil, Total S.A., Eni, Renewable Energy Group, Preem, Diamond Green Diesel, UPM Biofuels, REG and Emerald Biofuels, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World HVO or HEFA market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global HVO or HEFA Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global HVO or HEFA Market, Segmentation by Type
Animal-Sourced Fats
Vegetable-Sourced Oils

Global HVO or HEFA Market, Segmentation by Application
Vehicle
Generator
Industrial Power System
Other

Companies Profiled:
Neste Oil
Total S.A.
Eni
Renewable Energy Group
Preem
Diamond Green Diesel
UPM Biofuels
REG
Emerald Biofuels
World Energy
ConocoPhillips
Repsol
Cepsa
NextChem
Axens
Colabitoil
Haldor Topsoe
Ryze Renewables
BP
PetroBras
Nippon Oil

Key Questions Answered

1. How big is the global HVO or HEFA market?

2. What is the demand of the global HVO or HEFA market?

3. What is the year over year growth of the global HVO or HEFA market?

4. What is the production and production value of the global HVO or HEFA market?

5. Who are the key producers in the global HVO or HEFA market?