Product Code: MCN1421SA
“Global Hydrotreated Vegetable Oil Market to Reach $158.09 Billion by 2032.”
Global Hydrotreated Vegetable Oil Market: Industry 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.
KEY MARKET STATISTICS |
Forecast Period | 2023 - 2032 |
2023 Evaluation | $25.38 Billion |
2032 Forecast | $158.09 Billion |
CAGR | 22.54% |
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
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.
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
|
Table of Contents
1 Markets
- 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 Applications
- 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 Products
- 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 Regions
- 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 Markets - Competitive Benchmarking & Company Profiles
- 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 Research Methodology
- 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