Global Paraffinic Diesel Fuel Market Growth 2024-2030

Global Paraffinic Diesel Fuel Market Growth 2024-2030

Paraffins are favorable components for diesel fuel. Diesel fuel itself contains paraffins in addition to other hydrocarbon groups. However, diesel fuel contains also napthenics and aromatics, which are not so favorable for combustion. Paraffinic diesel fuel has normally very high cetane number, no sulfur, nitrogen, oxygen nor aromatics. Paraffins can be produced with various processes from fossil or renewable feedstocks. Synthetic fuels are produced by gasification and Fischer-Tropsch (FT) liquefaction from natural gas (GTL) and coal (CTL). Biomass-based BTL fuel is not commercially available, yet. Hydrotreating of oils and fats is a commercial process for producing renewable paraffinic diesel, abbreviated HVO. Today more and more of HVO is produced from waste and residue fat fractions e.g. from animal fats and non-food grade vegetable oil fractions. Paraffinic components for diesel fuel are produced also from crude tall oil, a residue of pulp production.

The global Paraffinic Diesel Fuel market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Paraffinic Diesel Fuel Industry Forecast” looks at past sales and reviews total world Paraffinic Diesel Fuel sales in 2023, providing a comprehensive analysis by region and market sector of projected Paraffinic Diesel Fuel sales for 2024 through 2030. With Paraffinic Diesel Fuel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Paraffinic Diesel Fuel industry.

This Insight Report provides a comprehensive analysis of the global Paraffinic Diesel Fuel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Paraffinic Diesel Fuel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Paraffinic Diesel Fuel market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Paraffinic Diesel Fuel and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Paraffinic Diesel Fuel.

United States market for Paraffinic Diesel Fuel is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Paraffinic Diesel Fuel is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Paraffinic Diesel Fuel is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Paraffinic Diesel Fuel players cover Neste, Diamond Green Diesel, UPM Biofuels, Phillips 66, REG, etc. In terms of revenue, the global two largest companies occupied for a share nearly

% in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Paraffinic Diesel Fuel market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Fischer Tropsch Process From Natural Gas (GTL)
Hydrotreatment Process From Vegetable Oils Or Animal Fats (HVO)
Others

Segmentation by Application:
Aerospace
Locomotive
Ships
Power Plant
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Neste
Diamond Green Diesel
UPM Biofuels
Phillips 66
REG
Emerald Biofuels
Eni
World Energy
Total
ConocoPhillips
Preem
Repsol
Cepsa
NextChem
Axens
Colabitoil
Haldor Topsoe
Ryze Renewables
BP
PetroBras
Nippon Oil

Key Questions Addressed in this Report

What is the 10-year outlook for the global Paraffinic Diesel Fuel market?

What factors are driving Paraffinic Diesel Fuel market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Paraffinic Diesel Fuel market opportunities vary by end market size?

How does Paraffinic Diesel Fuel break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.